Honeywell reported robust Q1 results with 11% adjusted earnings growth, driven by strong order intake and margin expansion, amid ongoing portfolio transformation and geopolitical uncertainties.

• Organic orders increased 7%, supported by Building, Industrial Automation, and Process verticals, leading to a backlog exceeding $38 billion with a book-to-bill ratio above 1.1.
• Adjusted margins expanded by 90 basis points to over 23%, benefiting from pricing discipline, productivity gains, and pre-Aerospace spin cost removals.
• The company announced the imminent Aerospace spinoff slated for June 29, completing its strategic portfolio separation.
• Despite geopolitical headwinds, demand remains resilient in Process Automation and Technology, with over $2 billion in project wins in recent quarters.
• Honeywell is progressing on portfolio simplification with key divestitures and acquisitions, positioning both businesses for focused growth post-separation.