Honeywell 2Q 2023 Earnings Release | July 27

Honeywell delivered Q2 2023 earnings with 3% organic sales growth and segment margin expansion of 150 basis points, driven by strong performance in commercial aerospace and process solutions. The company generated $1.1B in free cash flow and deployed $2.1B in capital through dividends, share repurchases, M&A, and strategic investments. Backlog reached a record $30.5B, with adjusted earnings per share of $2.23 excluding pension headwinds.