# Honeywell Aerospace Inc. Common Stock (HONA) — Stock CV

Honeywell Aerospace Inc. is a $53.1B industrial company. Revenue grew 12.7% over the last year, it keeps 13¢ of every dollar of sales as profit, and its net debt equals ~7.8 years of free cash flow. It trades at 14.5× earnings.

> Honeywell Aerospace spun out of Honeywell Technologies in mid-2026 to focus on commercial aerospace and defense manufacturing and development. The firm's electronic solutions segment provides avionics, sensors, navigation, communications and aerial defense systems.

## Identity

- **Ticker**: HONA
- **Sector**: Industrials
- **Industry**: Aircraft Engines & Engine Parts
- **Headquarters**: PHOENIX, AZ
- **Website**: https://www.honeywellaerospace.com
- **Market cap**: $53.1B
- **Last price**: $167.51
- **Financial profile**: Solid

## Vitals (TTM)

- **Revenue**: $22.2B
- **Net income**: $2.79B
- **Free cash flow**: $1.94B
- **Net debt**: $15.1B
- **P/E**: 14.5
- **Revenue growth (YoY)**: 12.7%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 47 |
| Growth | 20 |
| Profitability | 65 |
| Health | 61 |
| Quality | 87 |
| Moat | 88 |

## Qualifications (beginner checklist) — 7 of 9 passed

- [x] Revenue growing — +12.7% YoY
- [x] Profitable — $2.79B TTM
- [ ] Profit growing — -4.6% YoY
- [x] Generates cash — $1.94B TTM
- [ ] Debt under control — ~7.8y of cash flow to repay
- [x] Established company — $53.1B market cap
- [x] Proven track record — 3/3 profitable years
- [x] Financially stable — Altman Z 3.0 — safe
- [x] Valuation not extreme — P/E 14.5

## Experience (career milestones)

- **FY2023** — Profitable every year on record: 3 consecutive profitable years in our data
- **FY2023** — Revenue already above $10B: $13.8B in first reported year
- **FY2023** — Best year on record: $2.89B net income

## Strengths

- Revenue growing 12.7% year over year
- High returns on invested capital (ROIC 28.4%)
- Altman Z-Score 3.00 — low bankruptcy-risk zone

## Watch-outs

- Net debt would take ~8.4 years of free cash flow to repay
- Net debt equals ~7.8 years of free cash flow
- Short reporting history — trends are less reliable

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2023 | $13.8B | $2.89B | $2.05B |
| FY2024 | $15.4B | $2.82B | $3.20B |
| FY2025 | $17.4B | $2.69B | $2.50B |

---

Source: https://stockcv.com/HONA — derived from company filings; may be delayed or incomplete. Information, not investment advice.