Honeywell Stock: $44 Billion Shareholder Returns

Core Insights - Honeywell International has returned $44 billion to shareholders over the last decade through dividends and buybacks, despite facing challenges in 2025 with a year-to-date stock return of -6.20% [2] - The company approved a 5% dividend increase in September 2025, raising the quarterly dividend to $1.19 per share, marking the 16th consecutive year of dividend increases since 2010 [3] - Honeywell executed $1.646 billion in share buybacks during Q2 2025, with total dividend payments reaching $1.48 billion in the first half of the year, showcasing a strong commitment to returning cash to shareholders [4] Financial Performance - In Q2 2025, Honeywell reported earnings per share of $2.75, exceeding estimates of $2.64 by 4.17%, while maintaining revenue guidance as it prepares for a separation into three independent companies [5] - The company has demonstrated revenue growth of 7.1% over the last twelve months and a 5.1% average over the last three years, with a free cash flow margin of nearly 12.4% and an operating margin of 19.8% [14] Shareholder Returns - Honeywell's stock ranks 64th in history for total shareholder returns, emphasizing the importance of dividends and share repurchases as direct returns of capital to shareholders [7][8] - The total capital returned to shareholders as a percentage of current market cap appears inversely proportional to growth prospects for reinvestments, with Honeywell being a notable example [9][10]