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Side-by-side financial comparison of Honeywell (HON) and WESCO INTERNATIONAL INC (WCC). Click either name above to swap in a different company.
Honeywell is the larger business by last-quarter revenue ($9.1B vs $6.1B, roughly 1.5× WESCO INTERNATIONAL INC). Honeywell runs the higher net margin — 8.7% vs 2.5%, a 6.2% gap on every dollar of revenue. On growth, WESCO INTERNATIONAL INC posted the faster year-over-year revenue change (13.8% vs 2.0%). WESCO INTERNATIONAL INC produced more free cash flow last quarter ($213.4M vs $56.0M). Over the past eight quarters, WESCO INTERNATIONAL INC's revenue compounded faster (5.3% 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.
Wesco International, Inc. is a publicly traded American holding company for Wesco Distribution, an electrical distribution and services company based in Pittsburgh, Pennsylvania.
HON vs WCC — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $9.1B | $6.1B |
| Net Profit | $795.0M | $153.8M |
| Gross Margin | — | 21.2% |
| Operating Margin | 16.1% | 4.8% |
| Net Margin | 8.7% | 2.5% |
| Revenue YoY | 2.0% | 13.8% |
| Net Profit YoY | -43.3% | 47.9% |
| EPS (diluted) | $1.29 | — |
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 | $6.1B | ||
| Q4 25 | $6.9B | $6.1B | ||
| Q3 25 | $10.4B | $6.2B | ||
| Q2 25 | $10.4B | $5.9B | ||
| Q1 25 | $9.8B | $5.3B | ||
| Q4 24 | $10.1B | $5.5B | ||
| Q3 24 | $9.7B | $5.5B | ||
| Q2 24 | $9.6B | $5.5B |
| Q1 26 | $795.0M | $153.8M | ||
| Q4 25 | $-115.0M | $159.8M | ||
| Q3 25 | $1.8B | $187.5M | ||
| Q2 25 | $1.6B | $174.5M | ||
| Q1 25 | $1.4B | $118.4M | ||
| Q4 24 | $1.3B | $165.4M | ||
| Q3 24 | $1.4B | $204.3M | ||
| Q2 24 | $1.5B | $232.1M |
| Q1 26 | — | 21.2% | ||
| Q4 25 | 36.1% | 21.2% | ||
| Q3 25 | 31.1% | 21.3% | ||
| Q2 25 | 35.4% | 21.1% | ||
| Q1 25 | 35.2% | 21.1% | ||
| Q4 24 | 36.4% | 21.2% | ||
| Q3 24 | 35.1% | 22.1% | ||
| Q2 24 | 35.0% | 21.9% |
| Q1 26 | 16.1% | 4.8% | ||
| Q4 25 | 16.0% | 5.3% | ||
| Q3 25 | 23.1% | 5.6% | ||
| Q2 25 | 22.9% | 5.5% | ||
| Q1 25 | 23.0% | 4.5% | ||
| Q4 24 | 21.6% | 5.5% | ||
| Q3 24 | 23.6% | 6.1% | ||
| Q2 24 | 23.0% | 5.9% |
| Q1 26 | 8.7% | 2.5% | ||
| Q4 25 | -1.7% | 2.6% | ||
| Q3 25 | 17.5% | 3.0% | ||
| Q2 25 | 15.2% | 3.0% | ||
| Q1 25 | 14.8% | 2.2% | ||
| Q4 24 | 12.7% | 3.0% | ||
| Q3 24 | 14.5% | 3.7% | ||
| Q2 24 | 16.1% | 4.2% |
| Q1 26 | $1.29 | — | ||
| Q4 25 | $-0.17 | $3.33 | ||
| Q3 25 | $2.86 | $3.79 | ||
| Q2 25 | $2.45 | $3.83 | ||
| Q1 25 | $2.22 | $2.10 | ||
| Q4 24 | $1.96 | $3.01 | ||
| Q3 24 | $2.16 | $3.81 | ||
| Q2 24 | $2.36 | $4.28 |
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 | $696.6M |
| Total DebtLower is stronger | $32.1B | — |
| Stockholders' EquityBook value | — | $5.1B |
| Total Assets | $74.0B | $17.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $12.4B | $696.6M | ||
| Q4 25 | $12.9B | — | ||
| Q3 25 | $13.4B | — | ||
| Q2 25 | $10.7B | — | ||
| Q1 25 | $10.1B | — | ||
| Q4 24 | $11.0B | — | ||
| Q3 24 | $10.9B | — | ||
| Q2 24 | $9.8B | — |
| Q1 26 | $32.1B | — | ||
| Q4 25 | $27.1B | — | ||
| Q3 25 | $30.1B | — | ||
| Q2 25 | $30.2B | — | ||
| Q1 25 | $25.7B | — | ||
| Q4 24 | $25.5B | — | ||
| Q3 24 | $25.9B | — | ||
| Q2 24 | $20.9B | — |
| Q1 26 | — | $5.1B | ||
| Q4 25 | $13.9B | $5.0B | ||
| Q3 25 | $16.8B | $4.8B | ||
| Q2 25 | $16.1B | $4.8B | ||
| Q1 25 | $17.5B | $5.0B | ||
| Q4 24 | $18.6B | $5.0B | ||
| Q3 24 | $17.4B | $5.0B | ||
| Q2 24 | $16.9B | $4.9B |
| Q1 26 | $74.0B | $17.0B | ||
| Q4 25 | $73.7B | $16.5B | ||
| Q3 25 | $80.9B | $16.6B | ||
| Q2 25 | $78.4B | $16.2B | ||
| Q1 25 | $75.2B | $15.5B | ||
| Q4 24 | $75.2B | $15.1B | ||
| Q3 24 | $73.5B | $15.3B | ||
| Q2 24 | $69.3B | $15.1B |
| Q1 26 | — | — | ||
| Q4 25 | 1.95× | — | ||
| Q3 25 | 1.79× | — | ||
| Q2 25 | 1.87× | — | ||
| Q1 25 | 1.47× | — | ||
| Q4 24 | 1.37× | — | ||
| Q3 24 | 1.49× | — | ||
| Q2 24 | 1.23× | — |
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 | $221.4M |
| Free Cash FlowOCF − Capex | $56.0M | $213.4M |
| FCF MarginFCF / Revenue | 0.6% | 3.5% |
| Capex IntensityCapex / Revenue | 2.4% | 0.4% |
| Cash ConversionOCF / Net Profit | 0.00× | 1.44× |
| TTM Free Cash FlowTrailing 4 quarters | $5.1B | $231.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $0 | $221.4M | ||
| Q4 25 | $1.2B | $71.9M | ||
| Q3 25 | $3.3B | $-82.7M | ||
| Q2 25 | $1.3B | $107.8M | ||
| Q1 25 | $597.0M | $28.0M | ||
| Q4 24 | $2.3B | $276.6M | ||
| Q3 24 | $2.0B | $302.1M | ||
| Q2 24 | $1.4B | $-223.8M |
| Q1 26 | $56.0M | $213.4M | ||
| Q4 25 | $1.1B | $27.5M | ||
| Q3 25 | $2.9B | $-95.9M | ||
| Q2 25 | $1.0B | $86.0M | ||
| Q1 25 | $346.0M | $7.6M | ||
| Q4 24 | $1.9B | $252.3M | ||
| Q3 24 | $1.7B | $272.9M | ||
| Q2 24 | $1.1B | $-244.6M |
| Q1 26 | 0.6% | 3.5% | ||
| Q4 25 | 16.7% | 0.5% | ||
| Q3 25 | 28.0% | -1.5% | ||
| Q2 25 | 9.8% | 1.5% | ||
| Q1 25 | 3.5% | 0.1% | ||
| Q4 24 | 18.7% | 4.6% | ||
| Q3 24 | 17.7% | 5.0% | ||
| Q2 24 | 11.6% | -4.5% |
| Q1 26 | 2.4% | 0.4% | ||
| Q4 25 | 0.8% | 0.7% | ||
| Q3 25 | 3.6% | 0.2% | ||
| Q2 25 | 2.9% | 0.4% | ||
| Q1 25 | 2.6% | 0.4% | ||
| Q4 24 | 3.9% | 0.4% | ||
| Q3 24 | 2.9% | 0.5% | ||
| Q2 24 | 2.7% | 0.4% |
| Q1 26 | 0.00× | 1.44× | ||
| Q4 25 | — | 0.45× | ||
| Q3 25 | 1.80× | -0.44× | ||
| Q2 25 | 0.84× | 0.62× | ||
| Q1 25 | 0.41× | 0.24× | ||
| Q4 24 | 1.78× | 1.67× | ||
| Q3 24 | 1.41× | 1.48× | ||
| Q2 24 | 0.89× | -0.96× |
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% |
WCC
| CSS | $2.5B | 41% |
| EES | $2.2B | 37% |
| UBS | $1.4B | 22% |
