Honeywell
Headquarters in Charlotte, North Carolina | |
| Company type | Public |
|---|---|
NYSE: HON (former, until 2021) | |
| Industry | Conglomerate |
| Predecessor |
|
| Founded | 1906 in Wabash, Indiana, U.S. |
| Founder | Mark C. Honeywell (for the Honeywell Inc. line) |
| Headquarters | Charlotte, North Carolina, U.S. |
Area served | Worldwide |
Key people |
|
| Revenue | US$38.5 billion (2024) |
| US$7.44 billion (2024) | |
| US$5.71 billion (2024) | |
| Total assets | US$75.2 billion (2024) |
| Total equity | US$18.6 billion (2024) |
Number of employees | 102,000 (2024) |
| Subsidiaries |
|
| Website | www |
| Footnotes / references [1] | |
Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace, building automation, industrial automation, and energy and sustainability solutions (ESS).[2] Honeywell also owns and operates Sandia National Laboratories under contract with the U.S. Department of Energy. Honeywell is a Fortune 500 company, ranked 115th in 2023.[3] In 2024, the corporation had a global workforce of approximately 102,000 employees.[1][4] As of 2025, the current chairman and chief executive officer is Vimal Kapur.[5]
The corporation's name, Honeywell International Inc., is a product of the merger of Honeywell Inc. and AlliedSignal in 1999. The corporation headquarters were consolidated with AlliedSignal's headquarters in Morristown, New Jersey. The combined company chose the name "Honeywell" because of the considerable brand recognition.[6] Honeywell was a component of the Dow Jones Industrial Average index from 1999 to 2008. Prior to 1999, its corporate predecessors were included dating back to 1925, including early entrants in the computing and thermostat industries.[7][8]
In 2020, Honeywell rejoined the Dow Jones Industrial Average index.[9] In 2021, it moved its stock listing from the New York Stock Exchange to the Nasdaq.[10]
In 2025, Honeywell announced it would split into three companies: Honeywell Automation, Honeywell Aerospace, and Honeywell Advanced Materials. It has been estimated that the aerospace and automation businesses could be worth as much as $104 billion and $94 billion, respectively, after the split[11]
- ^ a b "Honeywell International Inc. 2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 14, 2025.
- ^ "About Us". Honeywell. Archived from the original on March 3, 2020. Retrieved March 2, 2020.
- ^ "Honeywell International". Fortune. Archived from the original on September 26, 2021. Retrieved July 12, 2023.
- ^ "Honeywell: Number of Employees 2006-2021". www.macrotrends.net. Archived from the original on November 10, 2021. Retrieved November 10, 2021.
- ^ "Leadership". Honeywell. Archived from the original on March 8, 2020. Retrieved March 2, 2020.
- ^ Deutsch, Claudia H.; Holson, Laura M. (June 7, 1999). "Allied Signal and Honeywell to Announce Merger Today". The New York Times. Archived from the original on June 30, 2017. Retrieved February 16, 2017.
- ^ "Dow Jones Industrial Average History". Global Financial Data. Archived from the original on April 21, 2006.
- ^ Goldman, David (February 11, 2008). "Dow industrials Add Bank of America, Chevron". CNN. Archived from the original on May 14, 2012. Retrieved February 28, 2020.
- ^ "Honeywell CEO Darius Adamczyk on rejoining the Dow". CNBC. September 10, 2020. Archived from the original on October 26, 2020. Retrieved November 6, 2020.
- ^ Root, Al (April 30, 2020). "Honeywell Just Dumped the New York Stock Exchange for the Nasdaq. Here's Why". Barron's. Archived from the original on May 12, 2021. Retrieved May 12, 2021.
- ^ Shetti, Utkarsh (February 6, 2025). "Honeywell to break up in latest corporate split after pressure from activist investor". Reuters. Retrieved August 22, 2025.