On Jan. 26, aerospace and defense giant Honeywell International
- Revenues increased 13.8%, as contributions from the Automation & Control Solutions and Specialty Materials segments were up by 17.5% and 25.2%, respectively.
- The forecast for 2007 looks favorable, with management expecting sales to rise by 5% and EPS to be in the range of $2.85 to $2.95 per share. Free cash flow is projected to be in the range of $2.5 billion to $2.7 billion.
- Honeywell carries a three-star rating (out of five) in Motley Fool CAPS.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$8,276.0 |
$7,275.0 |
13.8% |
|
Net Profit |
$585.0 |
$514.0 |
13.8% |
|
EPS |
$0.72 |
$0.61 |
18.0% |
|
Diluted Shares |
817.0 |
839.0 |
(2.6%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
23.2% |
22.5% |
0.7 |
|
Operating Margin |
10.6% |
11.2% |
(0.6) |
|
Net Margin |
7.1% |
7.1% |
0.0 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$1,224.0 |
$1,234.0 |
(0.8%) |
|
Accounts Rec. |
$5,740.0 |
$5,017.0 |
14.4% |
|
Inventory |
$3,588.0 |
$3,401.0 |
5.5% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$3,518.0 |
$2,886.0 |
21.9% |
|
Long-Term Debt |
$3,909.0 |
$3,082.0 |
26.8% |
Learn the ways of the balance sheet.
Cash Flow Highlights|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$1,241.0 |
$839.0 |
47.9% |
|
Capital Expenditures |
$300.0 |
$228.0 |
31.6% |
|
Free Cash Flow |
$941.0 |
$611.0 |
54.0% |
Find out why Fools always follow the money.
Related Companies:
-
Boeing
(NYSE:BA) -
Lockheed Martin
(NYSE:LMT) -
Northrop Grumman
(NYSE:NOC)
Related Foolishness:
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Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
