other material
confidence high
sentiment negative
materiality 0.60
Honeywell records $436M incremental goodwill impairment on PSS/WWS; reaffirms 2026 guidance
HONEYWELL INTERNATIONAL INC
- Incremental goodwill impairment charge of $436M for Industrial Automation segment; plus $35M asset impairment, offset by $61M tax benefit.
- Full-year 2025 reported EPS revised to $6.94; net income $4,468M; operating margin 14.9%.
- Previously announced adjusted Q4 and FY2025 results and 2026 guidance unchanged.
- Company still expects to announce sale of PSS and WWS businesses in first half of 2026.