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  • Previous Rank
    260
  • Revenues ($M)
    $40,534
  • Revenue Percent Change
    3.1%
  • Profits ($M)
    $1,655.00
  • Profits Percent Change
    -65.6%
  • Assets ($M)
    $59,387.00
  • Employees
    131,000

Activist investor Dan Loeb put pressure on Honeywell’s new CEO Darius Adamczyk to sell the business. The new chief ignored the pressure and instead announced he would spin off the conglomerate into two new stand-alone publicly traded companies. The move was the first major shakeup at Honeywell since Adamczyk succeeded David Cote as CEO in April. The company is also benefiting from economic growth in most regions, especially in the U.S., where a corporate tax cut has increased business confidence. The rebounding of oil prices also helped bolster sales at Honeywell’s energy-related business.

Company Information

CEO
Darius Adamczyk
Sector
Technology
Industry
Electronics, Electrical Equip.
HQ Location
Morris Plains, N.J.
Websitehttp://www.honeywell.com
Years on Global 500 List24
Employees131,000
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Honeywell International Rank History

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Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$40,5343.1%
Profits ($M)$1,655.00-65.6%
Assets ($M)$59,387.00-
Total Stockholder Equity ($M)$17,276.00-

Profit Ratios

Profit as % of Revenues4.1%
Profits as % of Assets2.8%
Profits as % of Stockholder Equity9.6%