Company / Working Capital
Honeywell Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$7.0B
FY2025
5-year range
$5.0B / $7.0B
FY2021-FY2025
Trend
+4.8%
vs FY2024
Sector context
#5 of 346
Industrials
What the data says
Among 346 Industrials companies, Honeywell is in the top 1% for working capital. Working Capital has fluctuated over the past 10 years, ranging from $5.0B in FY2023 to $9.0B in FY2020.
Based on SEC 10-K filings.
$7.0B in FY2025 with a 5-year CAGR of -4.9%. Top quartile in the Industrials sector.
Improved from $5.0B to $7.0B over the past 2 years.
Industrials sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- +11.4%
- 5-Year CAGR
- -4.9%
- 10-Year CAGR
- -
Sector benchmark
Top 1% in IndustrialsTop 1% of 346This company $7.0B Sector average $689.5M
▼
+911.4% above sector average
Key checks
Key Insights
- 5-year CAGR of -4.9%, indicating a declining trend.
- In FY2025, working capital increased 4.8% year-over-year.
- Ranks #5 out of 346 companies in the Industrials sector.
- Peak working capital was recorded in FY2020.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $7.0B | +4.8% |
| FY2024 | $6.7B | +34.0% |
| FY2023 | $5.0B | -1.6% |
| FY2022 | $5.0B | -14.0% |
| FY2021 | $5.9B | -34.7% |
| FY2020 | $9.0B | +44.7% |
| FY2019 | $6.2B | +14.1% |
| FY2018 | $5.4B | -23.8% |
| FY2017 | $7.1B | +6.2% |
| FY2016 | $6.7B | +299.9% |
As of FY2025 · SEC 10-K · Updated Mar 12, 2026