Honeywell International (HON) Revenue — Quarter Ended Mar 31, 2023
Revenue declined from the prior quarter but increased compared to the same quarter last year.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue declined from the prior quarter but increased compared to the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.9B
Revenue reported for this quarter.
Quarter-over-quarter
-3.5%
Change from the immediately preceding quarter.
Year-over-year
+5.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$36B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $9B | +5.7% |
| Sep 30, 2022 | $9B | +5.6% |
| Dec 31, 2022 | $9.2B | +6.1% |
| Mar 31, 2023 | $8.9B | +5.8% |
Revenue performance
The reported revenue decreased from the immediately preceding quarter.
Quarterly comparison
Revenue was higher than the same quarter one year earlier, continuing a trend of year-over-year growth seen in recent quarters.
What to watch
The sequential decline in revenue warrants attention, especially given the consistent year-over-year growth in prior quarters.