Buyback yield (TTM)
2.02%
Shareholder yield (TTM)
4.13%
5Y share count change
-9.6%
Buyback spend (TTM)
$2.90B
Cumulative buybacks
$53.44B
Key takeaways
- Honeywell International (HON) repurchased about $2.90B of stock over the trailing twelve months.
- Diluted share count is down 9.6% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 19.35× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +0.5% per year over the latest 5-year window.
- TTM repurchases used about 267% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Honeywell International (HON)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Honeywell International (HON)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Honeywell International (HON)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Honeywell International (HON)
Latest: $3.80B
Overview
The 2025 reading of Honeywell International (HON) buyback spend is $3.80B – surged 129.8% year-over-year.
Honeywell International buyback spend compound annual growth for the 2020–2025 (5 years) window is +0.5%, with mixed annual results across the window.
Between 2019 and 2025, Honeywell International buyback spend declined 13.5%, falling from $4.40B to $3.80B.
The highest annual buyback spend of $4.40B was reported in 2019. The lowest in the available history was $0.00 in 1991.
Honeywell International Buyback Spend 2025: $3.80B
Honeywell International buyback spend in 2025 was $3.80B, surged 129.8% from 2024.
Honeywell International Buyback Spend 2024: $1.66B
2024's buyback spend for Honeywell International came in at $1.66B, plunged 55.5% below 2023.
Honeywell International Buyback Spend 2023: $3.71B
Honeywell International posted buyback spend of $3.71B in 2023, declined 11.5% below 2022.
Honeywell International Buyback Spend 2022: $4.20B
In 2022, Honeywell International reported buyback spend of $4.20B, grew 24.3% from 2021.
Honeywell International Buyback Spend 2021: $3.38B
Honeywell International buyback spend in 2021 was $3.38B.
See more financial history for Honeywell International (HON).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $3.80B | $0.00 | $3.80B | 3.07% | 0.64B | -1.9% | |
| 2024 | $1.66B | $194.00M | $1.46B | 1.13% | 0.66B | -1.9% | |
| 2023 | $3.71B | $202.00M | $3.51B | 2.70% | 0.67B | -2.2% | |
| 2022 | $4.20B | $188.00M | $4.01B | 2.92% | 0.68B | -2.5% | |
| 2021 | $3.38B | $217.00M | $3.16B | 2.36% | 0.70B | -1.5% | |
| 2020 | $3.71B | $168.00M | $3.55B | 2.49% | 0.71B | -2.6% | |
| 2019 | $4.40B | $153.00M | $4.25B | 3.48% | 0.73B | -3.0% | |
| 2018 | $4.00B | $175.00M | $3.83B | 4.12% | 0.75B | -2.5% | |
| 2017 | $2.89B | $176.00M | $2.71B | 2.60% | 0.77B | -0.4% | |
| 2016 | $2.08B | $184.00M | $1.90B | 2.46% | 0.78B | -1.8% | |
| 2015 | $1.88B | $175.00M | $1.71B | 2.48% | 0.79B | -0.7% | |
| 2014 | $924.00M | $187.00M | $737.00M | 1.24% | 0.80B | -0.3% | |
| 2013 | $1.07B | $170.00M | $903.00M | 1.57% | 0.80B | +0.7% | |
| 2012 | $317.00M | $170.00M | $147.00M | 0.67% | 0.79B | +0.0% | |
| 2011 | $1.08B | $168.00M | $917.00M | 2.71% | 0.79B | +1.4% | |
| 2010 | $0.00 | $164.00M | −$164.00M | — | 0.78B | +3.4% | |
| 2009 | $0.00 | $118.00M | −$118.00M | — | 0.76B | +1.6% | |
| 2008 | $1.46B | $0.00 | $1.46B | 6.41% | 0.74B | -3.9% | |
| 2007 | $3.99B | $0.00 | $3.99B | 9.13% | 0.77B | -6.4% | |
| 2006 | $1.90B | $0.00 | $1.90B | 5.43% | 0.83B | -3.1% | |
| 2005 | $1.13B | $0.00 | $1.13B | 3.80% | 0.85B | -0.7% | |
| 2004 | $724.00M | $0.00 | $724.00M | 2.54% | 0.86B | -1.3% | |
| 2003 | $37.00M | $0.00 | $37.00M | 0.14% | 0.87B | +6.2% | |
| 2002 | $0.00 | $0.00 | $0.00 | — | 0.82B | -0.6% | |
| 2001 | $30.00M | $0.00 | $30.00M | 0.11% | 0.82B | +1.9% | |
| 2000 | $166.00M | $0.00 | $166.00M | — | 0.81B | -0.2% | |
| 1999 | $1.06B | $0.00 | $1.06B | — | 0.81B | +40.9% | |
| 1998 | $1.09B | $0.00 | $1.09B | — | 0.58B | -1.0% | |
| 1997 | $940.00M | $0.00 | $940.00M | — | 0.58B | -1.4% | |
| 1996 | $409.00M | $0.00 | $409.00M | — | 0.59B | — | |
| 1995 | $239.00M | $0.00 | $239.00M | — | — | — | |
| 1994 | $110.00M | $0.00 | $110.00M | — | — | — | |
| 1993 | $229.00M | $0.00 | $229.00M | — | — | — | |
| 1992 | $142.00M | $0.00 | $142.00M | — | — | — | |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1990 | $461.00M | $0.00 | $461.00M | — | — | — | |
| 1989 | $208.00M | $0.00 | $208.00M | — | — | — |
- 2025$3.80B
- 2024$1.66B
- 2023$3.71B
- 2022$4.20B
- 2021$3.38B
- 2020$3.71B
- 2019$4.40B
- 2018$4.00B
- 2017$2.89B
- 2016$2.08B
- 2015$1.88B
- 2014$924.00M
- 2013$1.07B
- 2012$317.00M
- 2011$1.08B
- 2010$0.00
- 2009$0.00
- 2008$1.46B
- 2007$3.99B
- 2006$1.90B
- 2005$1.13B
- 2004$724.00M
- 2003$37.00M
- 2002$0.00
- 2001$30.00M
- 2000$166.00M
- 1999$1.06B
- 1998$1.09B
- 1997$940.00M
- 1996$409.00M
- 1995$239.00M
- 1994$110.00M
- 1993$229.00M
- 1992$142.00M
- 1991$0.00
- 1990$461.00M
- 1989$208.00M
Buybacks vs stock-based compensation for Honeywell International (HON)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 19.35×.
Buybacks vs dividends (share of cash returned) for Honeywell International (HON)
How Honeywell International splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Honeywell International, ranked by their latest buyback spend.
| $7.55B | |
| $5.19B | |
| $2.68B | |
| $1.86B | |
| $1.14B | |
| $1.13B | |
| $50.00M | |
| $0.00 |
- $7.55B
- $5.19B
- $2.68B
- $1.86B
- $1.14B
- $1.13B
- $50.00M
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $1.09B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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