Martin Placek
Research expert covering transportation and electronics
Honeywell - statistics & facts
Honeywell International is an American aerospace, automotive and engineering company. As of 2022, Honeywell is the world’s fourth largest conglomerate, with an estimated market value of more than 130 billion U.S. dollars, slightly behind of Raytheon Technologies, also from the United States.
Financial performance of Honeywell
In 2021, Honeywell raked in around 34.4 billion U.S. dollars in revenue, coming in seventh in the ranking of leading automation vendors worldwide. Aerospace is Honeywell’s most profitable business unit, which generated 11 billion U.S. dollars in revenue in 2021.Regional distribution of Honeywell's sales
In terms of its regional sales distribution, Honeywell continued to perform best in the United States, where the company generated more than 20.6 billion U.S. dollars in 2021, compared to about 6.8 billion U.S. dollars in Europe.
