HONEYWELL FILES ANNUAL REPORT ON FORM 10-K FOR FISCAL YEAR 2025

Core Viewpoint - Honeywell has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, which includes significant impairment charges related to its Productivity Solutions and Services and Warehouse and Workflow Solutions businesses, classified as assets held for sale as part of its portfolio optimization strategy [1] Financial Performance - Honeywell reported an incremental goodwill impairment charge of $436 million associated with its Industrial Automation segment and an impairment charge on assets held for sale of $35 million, offset by a tax benefit of $61 million [1] - The company's revised full-year reported earnings per share from continuing operations is $6.94, with net income from continuing operations at $4,468 million, operating income at $5,573 million, and an operating margin of 14.9% [1] Business Strategy - The planned sale of the PSS and WWS businesses is part of Honeywell's ongoing portfolio optimization strategy, allowing the company to focus on its core automation portfolio [1] - Honeywell expects to announce the sale of the PSS and WWS businesses in the first half of 2026 [1]