Company / Cost of Revenue
Honeywell Cost of Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$23.6B
FY2025
5-year range
$20.6B / $23.6B
FY2021-FY2025
Trend
+10.5%
vs FY2024
Sector context
#6 of 245
Industrials
What the data says
Among 245 Industrials companies, Honeywell is in the bottom 2% for cost of revenue. Cost of Revenue has fluctuated over the past 10 years, ranging from $20.6B in FY2023 to $29.0B in FY2018.
Based on SEC 10-K filings.
$23.6B in FY2025 with a 5-year CAGR of +1.3%. Top quartile in the Industrials sector.
Increased from $20.6B to $23.6B over the past 2 years.
Industrials sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +1.9%
- 5-Year CAGR
- +1.3%
- 10-Year CAGR
- -
Sector benchmark
Bottom 2% in IndustrialsTop 98% of 245This company $23.6B Sector average $4.3B
▼
+443.7% above sector average
Key checks
Key Insights
- 5-year CAGR of +1.3%, indicating consistent growth.
- In FY2025, cost of revenue increased 10.5% year-over-year.
- Ranks #6 out of 245 companies in the Industrials sector.
- Peak cost of revenue was recorded in FY2018.
Company context
Key Data Points
- Altman Z-Score 1.21 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 36.5%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $23.6B | +10.5% |
| FY2024 | $21.4B | +3.5% |
| FY2023 | $20.6B | -7.7% |
| FY2022 | $22.3B | +1.3% |
| FY2021 | $22.1B | -0.5% |
| FY2020 | $22.2B | -8.9% |
| FY2019 | $24.3B | -16.2% |
| FY2018 | $29.0B | +3.2% |
| FY2017 | $28.1B | +1.7% |
| FY2016 | $27.7B | +3.5% |
As of FY2025 · SEC 10-K · Updated Mar 12, 2026