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HON:NAS

HONEYWELL ANNOUNCES FOURTH QUARTER
AND FULL YEAR 2023 RESULTS; ISSUES 2024 GUIDANCE

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  • Fourth Quarter Earnings Per Share of $1.91 and Adjusted Earnings Per Share1
    of $2.60, Above Midpoint of
    Previous Guidance
  • Fourth Quarter Sales of $9.4 Billion, Reported Sales Up 3%, Organic1
    Sales Up 2%
  • Full Year Operating Cash Flow of $5.3 Billion and Free Cash Flow1
    of $4.3B, at High End of Previous Guidance
  • Deployed $8.3 Billion of Capital to Share Repurchases, Dividends, Capital Expenditures, and M&A in 2023
  • Expect 2024 Adjusted Earnings Per Share2,3 of $9.80 – $10.10, Up 7% – 10%
  • Vimal Kapur to Become Chairman of the Board; New Independent Lead Director Announced

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