Honeywell International Revises FY Financials on Incremental Charges

Dow Jones
Yesterday
 

By Connor Hart

 

Honeywell International said it realized additional charges following its fourth-quarter report last month, prompting the industrial conglomerate to revise certain full-year financial metrics.

The company, which is in the process of restructuring and spinning off several businesses, on Tuesday said that it recorded a $436 million incremental goodwill impairment charge in the recent quarter tied to its industrial-automation business.

Honeywell also reported a $35 million impairment charge on assets held for sale, offset by a $61 million tax benefit.

As a result of the charges, the company revised its full-year net income from continuing operations to $4.47 billion, or $6.94 a share.

Operating income was revised to $5.57 billion, with operating margins of 14.9%.

Honeywell last month said net income from continuing operations came in at $4.89 billion, or $7.57 a share, for the year. It also reported opening income of $6.04 billion, with operating margins of 16.1%.

The company said the incremental charges don't change its previously-disclosed adjusted fourth-quarter or full-year results. Honeywell reiterated its outlook for 2026, which calls for adjusted earnings of $10.35 to $10.65 a share on sales of between $38.8 billion and $39.8 billion.

 

Write to Connor Hart at connor.hart@wsj.com

 

(END) Dow Jones Newswires

February 17, 2026 07:22 ET (12:22 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10