Honeywell International price to free cash flow HON
Market value divided by free cash flow over the last twelve months, since 2010.
- Today, Oct 23, 2026
- 16.9×
- 10-year median
- 12.6×
- Against its 10-year history
- 92nd
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 6.5× to 18.8×
- Peer median
- 26.2×
Honeywell International's price to free cash flow is 16.9× as of Oct 23, 2026.
That is above its ten-year median of 12.6×, higher than on 92% of days in the last ten years.
Over that time it ranged from 6.5× in Mar 2020 to 18.8× in Aug 2026.
The median for 10 industrial stocks of a similar size is 26.2×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 16.9× | 10.6× | 18.8× |
| 2025 | 10.7× | 10.3× | 15.1× |
| 2024 | 13.1× | 11.3× | 17.3× |
| 2023 | 17.8× | 13.5× | 18.7× |
| 2022 | 14.9× | 12.0× | 17.8× |
| 2021 | 13.5× | 13.1× | 15.6× |
| 2020 | 14.5× | 6.5× | 14.6× |
| 2019 | 12.4× | 8.1× | 12.8× |
| 2018 | 7.8× | 7.8× | 12.2× |
| 2017 | 11.3× | 9.0× | 11.4× |
| 2016 | 9.8× | 8.5× | 10.2× |
| 2015 | 9.0× | 8.5× | 10.7× |
| 2014 | 10.9× | 10.3× | 11.5× |
| 2013 | 10.6× | 9.0× | 11.0× |
| 2012 | 8.5× | 7.5× | 11.0× |
| 2011 | 5.8× | 4.5× | 5.8× |
| 2010 | 4.4× | 2.8× | 4.5× |
Against its peers
Companies in Industrials nearest Honeywell International's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| HONHoneywell International | 16.9× |
| FDXFedEx | 13.8× |
| CMICummins | 21.2× |
| URIUnited Rentals | 12.7× |
| RSGRepublic Services | 27.8× |
| NSCNorfolk Southern | 45.4× |
| HWMHowmet Aerospace | 41.4× |
| VRTVertiv | 25.5× |
| GWWW.W. Grainger | 42.1× |
| NOCNorthrop Grumman | 21.5× |
| ITWIllinois Tool Works | 26.9× |
| Peer median | 26.2× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Honeywell International
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.