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Side-by-side financial comparison of Honeywell (HON) and Cheniere Energy, Inc. (LNG). Click either name above to swap in a different company.
Honeywell is the larger business by last-quarter revenue ($9.1B vs $5.4B, roughly 1.7× Cheniere Energy, Inc.). Cheniere Energy, Inc. runs the higher net margin — 42.8% vs 8.7%, a 34.1% gap on every dollar of revenue. On growth, Cheniere Energy, Inc. posted the faster year-over-year revenue change (20.3% vs 2.0%). Cheniere Energy, Inc. produced more free cash flow last quarter ($1.3B vs $56.0M). Over the past eight quarters, Cheniere Energy, Inc.'s revenue compounded faster (14.3% CAGR vs -2.3%).
Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace, building automation, industrial automation, and energy and sustainability solutions (ESS). Honeywell also owns and operates Sandia National Laboratories under contract with the U.S. Department of Energy. Honeywell is a Fortune 500 company, ranked 115th in 2023.
Cheniere Energy, Inc. is an American liquefied natural gas (LNG) company headquartered in Houston, Texas.
HON vs LNG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $9.1B | $5.4B |
| Net Profit | $795.0M | $2.3B |
| Gross Margin | — | — |
| Operating Margin | 16.1% | 70.8% |
| Net Margin | 8.7% | 42.8% |
| Revenue YoY | 2.0% | 20.3% |
| Net Profit YoY | -45.8% | 135.6% |
| EPS (diluted) | $1.29 | $10.51 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $9.1B | — | ||
| Q4 25 | $6.9B | $5.4B | ||
| Q3 25 | $10.4B | $4.3B | ||
| Q2 25 | $10.4B | $4.5B | ||
| Q1 25 | $9.8B | $5.3B | ||
| Q4 24 | $10.1B | $4.5B | ||
| Q3 24 | $9.7B | $3.7B | ||
| Q2 24 | $9.6B | $3.1B |
| Q1 26 | $795.0M | — | ||
| Q4 25 | $-115.0M | $2.3B | ||
| Q3 25 | $1.8B | $1.0B | ||
| Q2 25 | $1.6B | $1.6B | ||
| Q1 25 | $1.4B | $353.0M | ||
| Q4 24 | $1.3B | $977.0M | ||
| Q3 24 | $1.4B | $893.0M | ||
| Q2 24 | $1.5B | $880.0M |
| Q1 26 | — | — | ||
| Q4 25 | 36.1% | — | ||
| Q3 25 | 31.1% | — | ||
| Q2 25 | 35.4% | — | ||
| Q1 25 | 35.2% | — | ||
| Q4 24 | 36.4% | — | ||
| Q3 24 | 35.1% | — | ||
| Q2 24 | 35.0% | — |
| Q1 26 | 16.1% | — | ||
| Q4 25 | 16.0% | 70.8% | ||
| Q3 25 | 23.1% | 42.3% | ||
| Q2 25 | 22.9% | 56.1% | ||
| Q1 25 | 23.0% | 18.2% | ||
| Q4 24 | 21.6% | 38.9% | ||
| Q3 24 | 23.6% | 44.7% | ||
| Q2 24 | 23.0% | 50.5% |
| Q1 26 | 8.7% | — | ||
| Q4 25 | -1.7% | 42.8% | ||
| Q3 25 | 17.5% | 24.4% | ||
| Q2 25 | 15.2% | 36.1% | ||
| Q1 25 | 14.8% | 6.7% | ||
| Q4 24 | 12.7% | 21.9% | ||
| Q3 24 | 14.5% | 24.2% | ||
| Q2 24 | 16.1% | 28.0% |
| Q1 26 | $1.29 | — | ||
| Q4 25 | $-0.17 | $10.51 | ||
| Q3 25 | $2.86 | $4.75 | ||
| Q2 25 | $2.45 | $7.30 | ||
| Q1 25 | $2.22 | $1.57 | ||
| Q4 24 | $1.96 | $4.30 | ||
| Q3 24 | $2.16 | $3.93 | ||
| Q2 24 | $2.36 | $3.84 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $12.4B | $1.1B |
| Total DebtLower is stronger | $32.1B | $22.5B |
| Stockholders' EquityBook value | — | $7.9B |
| Total Assets | $74.0B | $47.9B |
| Debt / EquityLower = less leverage | — | 2.84× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $12.4B | — | ||
| Q4 25 | $12.9B | $1.1B | ||
| Q3 25 | $13.4B | $1.1B | ||
| Q2 25 | $10.7B | $1.6B | ||
| Q1 25 | $10.1B | $2.5B | ||
| Q4 24 | $11.0B | $2.6B | ||
| Q3 24 | $10.9B | $2.7B | ||
| Q2 24 | $9.8B | $2.4B |
| Q1 26 | $32.1B | — | ||
| Q4 25 | $27.1B | $22.5B | ||
| Q3 25 | $30.1B | $22.0B | ||
| Q2 25 | $30.2B | $22.0B | ||
| Q1 25 | $25.7B | $22.5B | ||
| Q4 24 | $25.5B | $22.6B | ||
| Q3 24 | $25.9B | $22.5B | ||
| Q2 24 | $20.9B | $22.6B |
| Q1 26 | — | — | ||
| Q4 25 | $13.9B | $7.9B | ||
| Q3 25 | $16.8B | $6.7B | ||
| Q2 25 | $16.1B | $6.7B | ||
| Q1 25 | $17.5B | $5.6B | ||
| Q4 24 | $18.6B | $5.7B | ||
| Q3 24 | $17.4B | $5.1B | ||
| Q2 24 | $16.9B | $4.5B |
| Q1 26 | $74.0B | — | ||
| Q4 25 | $73.7B | $47.9B | ||
| Q3 25 | $80.9B | $45.1B | ||
| Q2 25 | $78.4B | $44.6B | ||
| Q1 25 | $75.2B | $43.5B | ||
| Q4 24 | $75.2B | $43.9B | ||
| Q3 24 | $73.5B | $43.1B | ||
| Q2 24 | $69.3B | $42.3B |
| Q1 26 | — | — | ||
| Q4 25 | 1.95× | 2.84× | ||
| Q3 25 | 1.79× | 3.25× | ||
| Q2 25 | 1.87× | 3.28× | ||
| Q1 25 | 1.47× | 4.03× | ||
| Q4 24 | 1.37× | 3.96× | ||
| Q3 24 | 1.49× | 4.42× | ||
| Q2 24 | 1.23× | 5.06× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $0 | $2.1B |
| Free Cash FlowOCF − Capex | $56.0M | $1.3B |
| FCF MarginFCF / Revenue | 0.6% | 24.4% |
| Capex IntensityCapex / Revenue | 2.4% | 13.8% |
| Cash ConversionOCF / Net Profit | 0.00× | 0.89× |
| TTM Free Cash FlowTrailing 4 quarters | $5.1B | $2.5B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $0 | — | ||
| Q4 25 | $1.2B | $2.1B | ||
| Q3 25 | $3.3B | $1.4B | ||
| Q2 25 | $1.3B | $831.0M | ||
| Q1 25 | $597.0M | $1.2B | ||
| Q4 24 | $2.3B | $1.6B | ||
| Q3 24 | $2.0B | $1.4B | ||
| Q2 24 | $1.4B | $1.1B |
| Q1 26 | $56.0M | — | ||
| Q4 25 | $1.1B | $1.3B | ||
| Q3 25 | $2.9B | $738.0M | ||
| Q2 25 | $1.0B | $-193.0M | ||
| Q1 25 | $346.0M | $605.0M | ||
| Q4 24 | $1.9B | $1.1B | ||
| Q3 24 | $1.7B | $875.0M | ||
| Q2 24 | $1.1B | $613.0M |
| Q1 26 | 0.6% | — | ||
| Q4 25 | 16.7% | 24.4% | ||
| Q3 25 | 28.0% | 17.2% | ||
| Q2 25 | 9.8% | -4.3% | ||
| Q1 25 | 3.5% | 11.4% | ||
| Q4 24 | 18.7% | 24.0% | ||
| Q3 24 | 17.7% | 23.8% | ||
| Q2 24 | 11.6% | 19.5% |
| Q1 26 | 2.4% | — | ||
| Q4 25 | 0.8% | 13.8% | ||
| Q3 25 | 3.6% | 16.0% | ||
| Q2 25 | 2.9% | 22.7% | ||
| Q1 25 | 2.6% | 11.8% | ||
| Q4 24 | 3.9% | 12.7% | ||
| Q3 24 | 2.9% | 14.0% | ||
| Q2 24 | 2.7% | 16.0% |
| Q1 26 | 0.00× | — | ||
| Q4 25 | — | 0.89× | ||
| Q3 25 | 1.80× | 1.36× | ||
| Q2 25 | 0.84× | 0.51× | ||
| Q1 25 | 0.41× | 3.48× | ||
| Q4 24 | 1.78× | 1.68× | ||
| Q3 24 | 1.41× | 1.56× | ||
| Q2 24 | 0.89× | 1.27× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HON
| Aerospace Technologies | $4.3B | 47% |
| Building Automation | $1.9B | 21% |
| Process Automation and Technology | $1.5B | 17% |
| Industrial Automation | $1.4B | 16% |
| Corporate and All Other | $5.0M | 0% |
LNG
| Liquefied Natural Gas | $5.3B | 99% |
| Other | $103.0M | 2% |
| Regasification Service | $34.0M | 1% |
