In 2017, Honeywell raked in around 3.6 billion U.S. dollars in revenue, coming in sixth in the ranking of leading automation vendors worldwide. Aerospace is Honeywell’s most profitable business unit, which held total assets of nearly 12 billion U.S. dollars in 2017.
In terms of its regional sales distribution, Honeywell continued to perform best in the United States, where the company generated more than 23.8 billion U.S. dollars in 2018, compared to about 10 billion U.S. dollars in Europe. The company’s sales that same year were mainly driven by the aerospace segment with the performance materials and technology segment trailing closely behind. In 2017, overall net sales recovered to 2014 levels with some 40.5 billion U.S. dollars in revenue.