Honeywell International annual debt-to-equity ratio
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2025
Honeywell International Debt-to-Equity Ratio Growth & History (HON)
Honeywell International's debt-to-equity ratio was 2.14 for fiscal 2025.
View full Honeywell International company overviewHoneywell International annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.14 | 0.64 | +42.73% |
| 2024 | 2024-12-31 | 1.50 | 0.26 | +20.99% |
| 2023 | 2023-12-31 | 1.24 | 0.11 | +9.95% |
| 2022 | 2022-12-31 | 1.13 | 0.11 | +11.09% |
| 2021 | 2021-12-31 | 1.01 | −0.17 | −14.32% |
| 2020 | 2020-12-31 | 1.18 | 0.35 | +42.75% |
| 2019 | 2019-12-31 | 0.83 | 0.10 | +12.96% |
| 2018 | 2018-12-31 | 0.73 | −0.27 | −26.74% |
| 2017 | 2017-12-31 | 1.00 | 0.20 | +24.79% |
| 2016 | 2016-12-31 | 0.80 | 0.17 | +27.72% |
| 2015 | 2015-12-31 | 0.63 | 0.19 | +43.31% |
| 2014 | 2014-12-31 | 0.44 | 0.04 | +11.06% |
| 2013 | 2013-12-31 | 0.39 | −0.10 | −20.82% |
| 2012 | 2012-12-31 | 0.50 | −0.14 | −22.36% |
| 2011 | 2011-12-31 | 0.64 | 0.07 | +13.17% |
| 2010 | 2010-12-31 | 0.57 | −0.17 | −23.14% |
| 2009 | 2009-12-31 | 0.74 | −0.28 | −27.25% |
| 2008 | 2008-12-31 | 1.02 | — | — |
Honeywell International quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.60 | −0.73 | −31.43% |
| Q1 2026 | 2026-03-31 | 2.55 | 0.68 | +36.34% |
| Q4 2025 | 2025-12-31 | 2.14 | 0.64 | +42.73% |
| Q3 2025 | 2025-09-30 | 2.27 | 0.54 | +30.94% |
| Q2 2025 | 2025-06-30 | 2.33 | 0.77 | +49.23% |
| Q1 2025 | 2025-03-31 | 1.87 | 0.34 | +22.60% |
| Q4 2024 | 2024-12-31 | 1.50 | 0.26 | +20.99% |
| Q3 2024 | 2024-09-30 | 1.74 | 0.60 | +52.36% |
| Q2 2024 | 2024-06-30 | 1.56 | 0.33 | +26.34% |
| Q1 2024 | 2024-03-31 | 1.53 | 0.39 | +34.61% |
| Q4 2023 | 2023-12-31 | 1.24 | 0.11 | +9.95% |
| Q3 2023 | 2023-09-30 | 1.14 | 0.20 | +21.29% |
| Q2 2023 | 2023-06-30 | 1.24 | 0.27 | +27.94% |
| Q1 2023 | 2023-03-31 | 1.13 | 0.20 | +20.93% |
| Q4 2022 | 2022-12-31 | 1.13 | 0.11 | +11.09% |
| Q3 2022 | 2022-09-30 | 0.94 | −0.12 | −11.41% |
| Q2 2022 | 2022-06-30 | 0.97 | −0.19 | −16.18% |
| Q1 2022 | 2022-03-31 | 0.94 | −0.20 | −17.85% |
| Q4 2021 | 2021-12-31 | 1.01 | −0.17 | −14.32% |
| Q3 2021 | 2021-09-30 | 1.06 | −0.16 | −12.95% |
| Q2 2021 | 2021-06-30 | 1.15 | −0.05 | −4.24% |
| Q1 2021 | 2021-03-31 | 1.14 | 0.24 | +27.28% |
| Q4 2020 | 2020-12-31 | 1.18 | 0.35 | +42.75% |
| Q3 2020 | 2020-09-30 | 1.22 | 0.38 | +44.78% |
| Q2 2020 | 2020-06-30 | 1.21 | 0.49 | +67.73% |
| Q1 2020 | 2020-03-31 | 0.90 | 0.21 | +31.25% |
| Q4 2019 | 2019-12-31 | 0.83 | 0.10 | +12.96% |
| Q3 2019 | 2019-09-30 | 0.84 | −0.15 | −14.93% |
| Q2 2019 | 2019-06-30 | 0.72 | −0.24 | −25.36% |
| Q1 2019 | 2019-03-31 | 0.68 | −0.35 | −33.78% |
| Q4 2018 | 2018-12-31 | 0.73 | −0.27 | −26.74% |
| Q3 2018 | 2018-09-30 | 0.99 | 0.26 | +35.45% |
| Q2 2018 | 2018-06-30 | 0.96 | 0.22 | +30.00% |
| Q1 2018 | 2018-03-31 | 1.03 | 0.31 | +43.58% |
| Q4 2017 | 2017-12-31 | 1.00 | 0.20 | +24.79% |
| Q3 2017 | 2017-09-30 | 0.73 | −0.06 | −7.88% |
| Q2 2017 | 2017-06-30 | 0.74 | 0.03 | +3.82% |
| Q1 2017 | 2017-03-31 | 0.72 | −0.01 | −1.96% |
| Q4 2016 | 2016-12-31 | 0.80 | 0.17 | +27.72% |
| Q3 2016 | 2016-09-30 | 0.79 | 0.48 | +151.20% |
| Q2 2016 | 2016-06-30 | 0.71 | 0.41 | +135.74% |
| Q1 2016 | 2016-03-31 | 0.73 | 0.41 | +125.14% |
| Q4 2015 | 2015-12-31 | 0.63 | 0.19 | +43.31% |
| Q3 2015 | 2015-09-30 | 0.32 | −0.05 | −12.80% |
| Q2 2015 | 2015-06-30 | 0.30 | −0.07 | −18.39% |
| Q1 2015 | 2015-03-31 | 0.33 | −0.06 | −15.36% |
| Q4 2014 | 2014-12-31 | 0.44 | 0.04 | +11.06% |
| Q3 2014 | 2014-09-30 | 0.36 | −0.03 | −7.91% |
| Q2 2014 | 2014-06-30 | 0.37 | −0.06 | −12.94% |
| Q1 2014 | 2014-03-31 | 0.38 | −0.05 | −12.01% |
| Q4 2013 | 2013-12-31 | 0.39 | −0.10 | −20.82% |
| Q3 2013 | 2013-09-30 | 0.39 | −0.10 | −20.21% |
| Q2 2013 | 2013-06-30 | 0.43 | −0.18 | −29.91% |
| Q1 2013 | 2013-03-31 | 0.44 | −0.18 | −28.91% |
| Q4 2012 | 2012-12-31 | 0.50 | −0.14 | −22.36% |
| Q3 2012 | 2012-09-30 | 0.49 | −0.16 | −24.25% |
| Q2 2012 | 2012-06-30 | 0.61 | 0.02 | +2.77% |
| Q1 2012 | 2012-03-31 | 0.61 | 0.01 | +1.72% |
| Q4 2011 | 2011-12-31 | 0.64 | 0.07 | +13.17% |
| Q3 2011 | 2011-09-30 | 0.65 | −0.04 | −6.25% |
| Q2 2011 | 2011-06-30 | 0.59 | −0.23 | −28.02% |
| Q1 2011 | 2011-03-31 | 0.60 | −0.23 | −27.54% |
| Q4 2010 | 2010-12-31 | 0.57 | −0.17 | −23.14% |
| Q3 2010 | 2010-09-30 | 0.69 | −0.04 | −5.34% |
| Q2 2010 | 2010-06-30 | 0.82 | 0.04 | +4.64% |
| Q1 2010 | 2010-03-31 | 0.83 | — | — |
| Q4 2009 | 2009-12-31 | 0.74 | −0.28 | −27.25% |
| Q3 2009 | 2009-09-30 | 0.73 | — | — |
| Q2 2009 | 2009-06-30 | 0.79 | — | — |
| Q4 2008 | 2008-12-31 | 1.02 | — | — |
Honeywell International debt-to-equity ratio trends
Over the last five fiscal years, Honeywell International's debt-to-equity ratio increased from 1.18 to 2.14, a change of 0.96. The latest reported quarter, Q2 2026, shows 1.60.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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