Honeywell International Inc (HON) — Tangible Net Worth Ratio

Latest as of December 2025: 56.4%

Honeywell International Inc (HON) has a Tangible Net Worth Ratio of 56.4% as of December 2025. This metric is calculated by deducting intangible assets ($6.74 Billion) from net assets ($15.44 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Honeywell International Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

56.4%
Tangible equity / total equity

Net Assets (Equity)

$15.44 Billion
USD

Intangible Assets

$6.74 Billion
Goodwill, patents, brand value

Total Assets

$74.11 Billion
USD

Honeywell International Inc Tangible Net Worth Ratio (1985–2025)

This chart shows how Honeywell International Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of December 2025, the ratio stands at 56.4%, reflecting net assets of $15.44 Billion with intangible assets of $6.74 Billion USD. See HON defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Honeywell International Inc (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Honeywell International Inc from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Honeywell International Inc stock valuation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 56.4% $15.44 Billion $6.74 Billion $74.11 Billion ▼ -8.9 pp
2024 65.3% $19.16 Billion $6.66 Billion $75.20 Billion ▼ -15.1 pp
2023 80.3% $16.44 Billion $3.23 Billion $61.52 Billion ▼ -1.1 pp
2022 81.4% $17.33 Billion $3.22 Billion $62.27 Billion ▲ +0.2 pp
2021 81.2% $19.25 Billion $3.61 Billion $64.47 Billion ▲ +1.2 pp
2020 80.0% $17.80 Billion $3.56 Billion $64.59 Billion ▼ 0.0 pp
2019 80.0% $18.71 Billion $3.73 Billion $58.68 Billion ▲ +2.6 pp
2018 77.5% $18.36 Billion $4.14 Billion $57.77 Billion ▲ +4.4 pp
2017 73.0% $16.67 Billion $4.50 Billion $59.47 Billion ▼ -3.3 pp
2016 76.3% $19.55 Billion $4.63 Billion $54.15 Billion ▲ +0.8 pp
2015 75.5% $18.71 Billion $4.58 Billion $49.32 Billion ▼ -12.2 pp
2014 87.7% $18.00 Billion $2.21 Billion $45.45 Billion ▲ +1.9 pp
2013 85.8% $17.75 Billion $2.51 Billion $45.44 Billion ▲ +4.4 pp
2012 81.5% $13.21 Billion $2.45 Billion $41.85 Billion ▲ +4.2 pp
2011 77.3% $10.90 Billion $2.48 Billion $39.81 Billion ▲ +1.1 pp
2010 76.1% $10.79 Billion $2.57 Billion $37.83 Billion ▲ +0.4 pp
2009 75.8% $8.97 Billion $2.17 Billion $35.99 Billion ▲ +7.0 pp
2008 68.8% $7.27 Billion $2.27 Billion $35.49 Billion ▼ -14.9 pp
2007 83.8% $9.22 Billion $1.50 Billion $33.80 Billion ▼ -3.4 pp
2006 87.2% $9.72 Billion $1.25 Billion $30.94 Billion ▲ +58.3 pp
2005 28.8% $10.76 Billion $7.66 Billion $31.63 Billion ▼ -6.7 pp
2004 35.5% $11.25 Billion $7.25 Billion $31.06 Billion ▼ -0.3 pp
2003 35.8% $10.73 Billion $6.89 Billion $29.31 Billion ▲ +11.7 pp
2002 24.1% $8.93 Billion $6.77 Billion $27.57 Billion ▼ -6.6 pp
2001 30.7% $9.17 Billion $6.36 Billion $24.23 Billion ▼ -8.6 pp
2000 39.2% $9.71 Billion $5.90 Billion $25.18 Billion ▼ -6.6 pp
1999 45.8% $8.60 Billion $4.66 Billion $23.53 Billion ▼ -54.2 pp
1998 100.0% $8.08 Billion $0.00 $22.74 Billion ▲ +0.0 pp
1997 100.0% $4.39 Billion $0.00 $13.71 Billion ▲ +0.0 pp
1996 100.0% $4.18 Billion $0.00 $12.83 Billion ▲ +0.0 pp
1995 100.0% $3.59 Billion $0.00 $12.46 Billion ▲ +0.0 pp
1994 100.0% $2.98 Billion $0.00 $11.32 Billion ▲ +45.5 pp
1993 54.5% $2.39 Billion $1.09 Billion $10.83 Billion ▲ +1.1 pp
1992 53.4% $2.25 Billion $1.05 Billion $10.76 Billion ▼ -9.7 pp
1991 63.2% $2.98 Billion $1.10 Billion $10.38 Billion ▼ -4.1 pp
1990 67.2% $3.38 Billion $1.11 Billion $10.46 Billion ▲ +5.9 pp
1989 61.4% $3.41 Billion $1.32 Billion $10.13 Billion ▲ +3.5 pp
1988 57.8% $3.27 Billion $1.38 Billion $10.01 Billion ▲ +7.3 pp
1987 50.6% $3.13 Billion $1.55 Billion $10.23 Billion ▲ +4.8 pp
1986 45.8% $3.67 Billion $1.99 Billion $11.27 Billion ▼ -29.9 pp
1985 75.7% $5.83 Billion $1.42 Billion $13.27 Billion
pp = percentage points