HON Debt-to-Equity Ratio Analysis
Updated 606h ago·SEC filings & market data
Key Takeaway
The debt-to-equity ratio measures how much a company relies on borrowed money compared to shareholder equity — a higher number means more debt relative to owners' investment.
Sector Performance
92th percentileHON
2.70x
Sector Median
0.73x
Sector Avg
0.14x
Prior Period
1.58x(Apr 2026)
Deep Analysis
The debt-to-equity ratio measures how much a company relies on borrowed money compared to shareholder equity — a higher number means more debt relative to owners' investment.
At 2.70x, HON's ratio is far above the sector median of 0.73x, placing it in the 92nd percentile among its peers, which signals a much heavier debt load than most similar companies. The year-over-year change is N/A, the quarter-over-quarter change is N/A, and the trend direction over the last eight quarters is also N/A, so there is no recent movement to assess. With a high debt level and no trend data to show improvement or deterioration, the risk is largely static: the elevated leverage could strain earnings or limit financial flexibility. This metric supports the CAUTIOUS verdict directly, as the company's debt burden is substantially higher than industry norms without any observable reduction.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about HON?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Who are HON's closest peers by Debt-to-Equity Ratio?
The closest peers by Debt-to-Equity Ratio include: FE (2.22x), GS (3.52x), STX (3.53x), COR (3.65x), HD (3.86x).
Learn More About Debt-to-Equity Ratio
How to Spot a Debt Problem Before It Hits the Stock Price
Learn how to spot a debt problem in stocks using D/E, interest coverage, and net debt/EBITDA ratios. Real examples from META and MSFT, plus danger thresholds you need to know.
Debt/Equity Ratio: How Much Debt Is Too Much?
The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
Master HON's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full HON research report →HON
2.70x
Sector Median
0.73x
Sector Avg
0.14x
How HON's Debt-to-Equity Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.