Honeywell Gross Profit vs Total Revenue Analysis

HON Stock  USD 193.45  0.43  0.22%   
Honeywell International financial indicator trend analysis is much more than just examining Honeywell International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Honeywell International is a good investment. Please check the relationship between Honeywell International Gross Profit and its Total Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honeywell International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.

Gross Profit vs Total Revenue

Gross Profit vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Honeywell International Gross Profit account and Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Honeywell International's Gross Profit and Total Revenue is 0.87. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Honeywell International, assuming nothing else is changed. The correlation between historical values of Honeywell International's Gross Profit and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Honeywell International are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Gross Profit i.e., Honeywell International's Gross Profit and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Honeywell International minus its cost of goods sold. It is profit before Honeywell International operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Total Revenue

Total revenue comprises all receipts Honeywell International generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Honeywell International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Honeywell International current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honeywell International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.As of the 28th of April 2024, Tax Provision is likely to grow to about 1.4 B, while Selling General Administrative is likely to drop about 4.5 B.
 2021 2022 2023 2024 (projected)
Gross Profit11.0B11.6B13.7B7.4B
Total Revenue34.4B35.5B36.7B28.3B

Honeywell International fundamental ratios Correlations

0.720.370.980.860.830.50.70.810.990.510.90.73-0.310.720.850.72-0.630.980.320.970.790.640.950.950.75
0.720.010.670.470.680.910.950.840.750.780.70.3-0.420.950.610.47-0.920.760.70.650.650.660.620.70.58
0.370.010.390.280.3-0.060.080.10.35-0.150.180.630.320.210.440.08-0.070.38-0.040.38-0.040.110.480.440.58
0.980.670.390.890.850.460.660.740.960.420.830.79-0.20.640.830.78-0.570.940.290.950.840.70.950.960.77
0.860.470.280.890.760.220.480.670.80.210.750.810.00.390.650.92-0.330.750.070.910.760.660.850.860.67
0.830.680.30.850.760.620.690.570.810.230.570.82-0.060.640.870.69-0.610.790.420.810.610.660.920.920.89
0.50.91-0.060.460.220.620.860.530.560.630.390.19-0.380.840.520.26-0.860.560.770.380.470.630.470.560.47
0.70.950.080.660.480.690.860.80.730.80.60.32-0.40.920.680.49-0.980.730.80.610.570.550.630.680.66
0.810.840.10.740.670.570.530.80.780.750.90.37-0.360.810.550.6-0.730.810.40.810.70.510.640.680.55
0.990.750.350.960.80.810.560.730.780.570.860.67-0.410.750.870.66-0.680.990.410.920.780.640.930.940.72
0.510.78-0.150.420.210.230.630.80.750.570.61-0.14-0.730.770.390.23-0.840.590.660.40.490.230.310.330.19
0.90.70.180.830.750.570.390.60.90.860.610.49-0.380.680.570.63-0.530.890.160.910.790.530.740.740.48
0.730.30.630.790.810.820.190.320.370.67-0.140.490.320.330.710.66-0.20.650.00.790.460.570.870.860.85
-0.31-0.420.32-0.20.0-0.06-0.38-0.4-0.36-0.41-0.73-0.380.32-0.38-0.33-0.050.51-0.41-0.47-0.17-0.280.06-0.14-0.120.17
0.720.950.210.640.390.640.840.920.810.750.770.680.33-0.380.650.31-0.920.790.690.640.50.520.640.680.65
0.850.610.440.830.650.870.520.680.550.870.390.570.71-0.330.650.55-0.680.850.560.780.490.390.920.870.82
0.720.470.080.780.920.690.260.490.60.660.230.630.66-0.050.310.55-0.330.60.160.780.740.610.720.740.52
-0.63-0.92-0.07-0.57-0.33-0.61-0.86-0.98-0.73-0.68-0.84-0.53-0.20.51-0.92-0.68-0.33-0.69-0.86-0.52-0.46-0.41-0.56-0.59-0.59
0.980.760.380.940.750.790.560.730.810.990.590.890.65-0.410.790.850.6-0.690.390.930.740.590.920.910.72
0.320.7-0.040.290.070.420.770.80.40.410.660.160.0-0.470.690.560.16-0.860.390.190.160.180.340.360.38
0.970.650.380.950.910.810.380.610.810.920.40.910.79-0.170.640.780.78-0.520.930.190.760.60.930.920.75
0.790.65-0.040.840.760.610.470.570.70.780.490.790.46-0.280.50.490.74-0.460.740.160.760.790.670.720.42
0.640.660.110.70.660.660.630.550.510.640.230.530.570.060.520.390.61-0.410.590.180.60.790.610.750.52
0.950.620.480.950.850.920.470.630.640.930.310.740.87-0.140.640.920.72-0.560.920.340.930.670.610.980.86
0.950.70.440.960.860.920.560.680.680.940.330.740.86-0.120.680.870.74-0.590.910.360.920.720.750.980.84
0.750.580.580.770.670.890.470.660.550.720.190.480.850.170.650.820.52-0.590.720.380.750.420.520.860.84
Click cells to compare fundamentals

Honeywell International Account Relationship Matchups

Honeywell International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets58.7B64.6B64.5B62.3B61.5B34.8B
Short Long Term Debt Total16.0B22.4B19.6B19.6B21.5B22.6B
Other Current Liab5.0B4.5B4.5B5.6B4.1B4.0B
Total Current Liabilities18.1B19.2B19.5B19.9B18.5B10.8B
Total Stockholder Equity18.7B17.8B19.2B17.3B15.9B11.0B
Property Plant And Equipment Net5.3B5.6B5.6B5.5B6.7B5.2B
Net Debt6.9B8.1B8.6B9.9B13.6B14.3B
Retained Earnings37.7B39.9B42.8B45.1B48.0B50.4B
Cash9.1B14.3B11.0B9.6B7.9B8.3B
Non Current Assets Total34.4B36.4B39.1B37.3B38.0B20.5B
Non Currrent Assets Other9.1B9.8B10.5B9.7B8.2B8.6B
Cash And Short Term Investments10.4B15.2B11.5B10.1B8.1B4.2B
Net Receivables7.5B6.8B6.8B7.4B7.7B5.1B
Common Stock Shares Outstanding730.3M711.2M700.4M683.1M668.2M785.4M
Liabilities And Stockholders Equity58.7B64.6B64.5B62.3B61.5B34.8B
Non Current Liabilities Total21.9B27.6B25.7B25.0B26.5B27.9B
Inventory4.4B4.5B5.1B5.5B6.2B3.7B
Other Current Assets2.0B1.6B1.9B1.9B1.5B1.0B
Other Stockholder Equity(16.7B)(19.7B)(21.6B)(25.3B)(28.9B)(27.5B)
Total Liab40.0B46.8B45.2B44.9B45.1B23.8B
Property Plant And Equipment Gross5.3B5.6B14.5B14.8B15.3B16.1B
Total Current Assets24.3B28.2B25.4B25.0B23.5B14.4B
Accumulated Other Comprehensive Income(3.2B)(3.4B)(2.9B)(3.5B)(4.1B)(3.9B)
Short Term Debt4.9B6.0B5.3B4.4B4.1B2.2B
Intangible Assets3.7B3.6B3.6B3.2B3.2B3.7B
Accounts Payable5.7B5.8B6.5B6.3B6.8B3.8B
Good Will15.6B16.1B17.8B17.5B18.0B11.2B
Short Term Investments1.3B945M564M483M170M161.5M
Other Liab10.2B11.3B11.5B9.1B10.5B8.7B
Other Assets8.5B10.5B10.9B9.3B364M345.8M
Long Term Debt11.1B16.3B14.3B15.1B16.6B8.8B
Treasury Stock(23.8B)(27.2B)(30.5B)(34.4B)(31.0B)(29.4B)
Property Plant Equipment5.3B5.6B5.6B5.5B6.3B5.6B
Current Deferred Revenue2.5B2.9B3.2B3.6B3.5B2.4B
Noncontrolling Interest In Consolidated Entity212M241M673M622M715.3M751.1M
Retained Earnings Total Equity37.7B39.9B42.8B45.1B51.9B28.2B
Deferred Long Term Liab1.7B2.1B2.4B2.1B2.4B1.3B

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When determining whether Honeywell International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Honeywell International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Honeywell International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Honeywell International Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honeywell International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Honeywell International's price analysis, check to measure Honeywell International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Honeywell International is operating at the current time. Most of Honeywell International's value examination focuses on studying past and present price action to predict the probability of Honeywell International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honeywell International's price. Additionally, you may evaluate how the addition of Honeywell International to your portfolios can decrease your overall portfolio volatility.
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Is Honeywell International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Honeywell International. If investors know Honeywell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Honeywell International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.077
Dividend Share
4.22
Earnings Share
8.63
Revenue Per Share
55.988
Quarterly Revenue Growth
0.027
The market value of Honeywell International is measured differently than its book value, which is the value of Honeywell that is recorded on the company's balance sheet. Investors also form their own opinion of Honeywell International's value that differs from its market value or its book value, called intrinsic value, which is Honeywell International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Honeywell International's market value can be influenced by many factors that don't directly affect Honeywell International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Honeywell International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honeywell International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honeywell International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.