Company / SG&A Expense
Honeywell SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$5.5B
FY2025
5-year range
$4.8B / $5.5B
FY2021-FY2025
Trend
+4.1%
vs FY2024
Sector context
#6 of 311
Industrials
What the data says
Among 311 Industrials companies, Honeywell is in the bottom 2% for sg&a expense. SG&A Expense has fluctuated over the past 10 years, ranging from $4.8B in FY2020 to $6.1B in FY2017.
Based on SEC 10-K filings.
$5.5B in FY2025 with a 5-year CAGR of +2.7%. Top quartile in the Industrials sector.
Increased from $4.9B to $5.5B over the past 2 years.
Industrials sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +1.5%
- 5-Year CAGR
- +2.7%
- 10-Year CAGR
- -
Sector benchmark
Bottom 2% in IndustrialsTop 98% of 311This company $5.5B Sector average $849.8M
▼
+541.4% above sector average
Key checks
Key Insights
- 5-year CAGR of +2.7%, indicating consistent growth.
- In FY2025, sg&a expense increased 4.1% year-over-year.
- Ranks #6 out of 311 companies in the Industrials sector.
- Peak sg&a expense was recorded in FY2017.
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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $5.5B | +4.1% |
| FY2024 | $5.2B | +7.1% |
| FY2023 | $4.9B | -6.3% |
| FY2022 | $5.2B | +8.7% |
| FY2021 | $4.8B | +0.5% |
| FY2020 | $4.8B | -13.5% |
| FY2019 | $5.5B | -8.8% |
| FY2018 | $6.1B | -0.6% |
| FY2017 | $6.1B | +9.2% |
| FY2016 | $5.6B | +11.3% |
As of FY2025 · SEC 10-K · Updated Mar 12, 2026