Skip to Content
  • Revenues ($M)$38,581
  • Revenue Percent Change-4.3%
  • Profits ($M)$4,768
  • Profits Percent Change12.5%
  • Assets ($M)$49,316
  • Employees129,000
  • Market Value — as of March 31, 2016 ($M)$85,308
  • Previous Rank74
  • Morning Consult Brand Index
    B+

Since taking charge in 2002, Dave Cote has built one of the world’s most successful industrial conglomerates by making roughly ninety opportunistic acquisitions in such diverse fields as hand-held scanners, gas detection equipment, and such protective gear, notably firemen’s helmets and boots. In early 2015, Cote veered from that deliberate strategy to launch a $90 billion bid for rival United Technologies. Anti-trust issues, and complaints from Boeing and Airbus, who wanted to keep both suppliers as competitors, killed the campaign. Since then, Cote has excelled at his regular practice of buying mundane-sounding industrial businesses, then strongly improving their profitability. Last year, he plowed $5.8 billion into new deals, including the purchase of German gas meter-maker Elster. He’s juggling divestitures as well, unveiling a plan to spin off the resins and chemicals business. The Cote treatment still works: In 2015, Honeywell delivered its sixth straight year of double-digit increases in EPS. His contract expires in late 2017, but it’s certain that shareholders would love to see the GE veteran stay on the job.

Fortune Data StoreLooking for leads, investment insights, or competitive intelligence?Get Premium Access

Company Info

CEO
David M. Cote
Sector
Industrials
Industry
Electronics, Electrical Equip.
HQ Location
Morris Plains, NJ
Websitehttp://www.honeywell.com
Years on Fortune 500 List22
Employees129,000

Key Financials (last fiscal year)

$ millions% change
Revenues ($M)$38,581-4.3%
Profits ($M)$4,76812.5%
Assets ($M)$49,316-
Total Stockholder Equity ($M)$18,283-
Market Value — as of March 31, 2016 ($M)$85,308-

Profit Ratios

Profit as % of Revenues12.4%
Profits as % of Assets9.7%
Profits as % of Stockholder Equity26.1%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)6.04
EPS % Change (from 2014)13.3%
EPS % Change (5 year annual rate)18.5%
EPS % Change (10 year annual rate)12%

Total Return

Total Return to Investors (2015)5.9%
Total Return to Investors (5 year, annualized)16.9%
Total Return to Investors (10 year, annualized)13.5%