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Honeywell International Inc. is a United States–based company operating in the industrial sector within the advanced-technology, aerospace, automation and performance-materials industry.
The company develops engineering systems, industrial automation platforms, aerospace technologies, safety products, specialty chemicals and software solutions for global enterprises.
Honeywell, in its current structure, was formed in 1999 through the merger of AlliedSignal and Honeywell Inc., although its origins date back to early twentieth-century pioneers in environmental controls and industrial automation.
Its creation was driven by the goal of consolidating engineering capabilities and expanding competitiveness across high-technology markets.
Honeywell’s portfolio includes aerospace systems (avionics, navigation, engines and auxiliary equipment), industrial-automation solutions, sensors, workflow-management software, building-management systems, specialty chemicals, advanced materials, catalysts, fire-safety equipment, energy-efficient technologies, gas-detection systems and productivity tools.
The company also provides digital platforms for industrial operations, refrigeration technologies with reduced environmental impact, and connected-device ecosystems.
The company’s operations are global, with major presence across North America, Europe, Asia-Pacific, Latin America and the Middle East.
Its operational infrastructure includes engineering hubs, R&D labs, aerospace facilities, chemical plants, testing centers, digital-software divisions, logistics networks and specialized business units for automation, materials and defense-related technologies.
Market forces influencing Honeywell include global aerospace demand, industrial-investment cycles, energy-market conditions, environmental regulations, growth in automation, digital-transformation trends, availability of components, defense spending, IoT adoption and sustainability requirements.
The company monitors evolving industrial needs, emphasizing efficiency, innovation and integrated hardware-software solutions.
Honeywell International Inc.’s shares trade on the New York Stock Exchange (NYSE) under the ticker HON.
History and when Honeywell International Inc. was founded
Honeywell traces its roots to 1906, when Mark C. Honeywell founded Honeywell Heating Specialty Company, which initially focused on heating systems and environmental-control technologies.
Over subsequent decades, companies that would later merge into Honeywell expanded into industrial control mechanisms, automation systems and building-management technologies.
A significant development occurred in 1927 with the creation of Minneapolis-Honeywell Regulator Company, reflecting the growing importance of precision controls in industry and commerce.
In the mid-twentieth century, Honeywell expanded into electronic systems, defense technologies, industrial automation and early computing applications. The post-war boom in aviation provided opportunities for growth in avionics, navigation systems and flight-control components.
Throughout the 1960s and 1970s, Honeywell evolved into a global leader in control technologies and industrial-engineering systems. In 1999, AlliedSignal acquired Honeywell and adopted its name, forming Honeywell International Inc.
This merger unified aerospace expertise, material-science operations and industrial-automation capabilities under a single diversified corporation. The integration strengthened Honeywell’s position across multiple high-technology industries.
During the 2000s, Honeywell streamlined its business units to focus on aerospace, automation and performance materials. The company expanded globally, invested heavily in engineering and enhanced its operational excellence frameworks.
In the 2010s, Honeywell accelerated its shift toward digital technologies, emphasizing software-driven industrial platforms such as Honeywell Forge, alongside continued innovation in materials, energy efficiency and aerospace systems.
Between 2020 and 2024, the company navigated supply-chain disruptions, demand fluctuations in aviation and rising requirements for industrial digitization.
Honeywell expanded capabilities in clean-energy technologies, safety and sensing equipment, industrial software and next-generation materials. Investments in sustainability, automation and advanced analytics played a central role in its continued global relevance.
By 2024, Honeywell International Inc. had established itself as a leading global industrial and technology corporation, integrating engineering, software, aerospace and materials expertise to support essential industries worldwide.
Additional Information
The Company Honeywell International Inc. (United States), is listed on Nasdaq with a market value of $ 124.38 Billions, having an equity of $ 17.75 Billions.
With a total of 103.000 employees, the company is listed in the sector of Capital Assets and categorized in industry of Space Transport and Defense.
In the last 12 months the Company had a revenue of $ 40.67 Billions, which generated a profit in the amount of $ 6.13 Billions.
As for its main indicators, the Company has a P/E ratio of 20.29, a P/BV ratio of 7.01 and in the last 12 months the dividend yield of HON was at 2.34%.
The Company is traded internationally through the ticker HON.
