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Honeywell International Executive Compensation (FY25)

HON · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 27, 2026
519 figures on this page: 512 cited to the filing that reported them, 7 calculated from figures it prints. See the citations
Vimal Kapur, Chairman and Chief Executive Officer, received $20,381,435 in total compensation for fiscal 2025, and Kapur's total was 11.5% higher than the $18,277,193 reported for fiscal 2024. Meanwhile, the company reported a chief executive pay ratio of 239:1 for fiscal 2025, against median employee compensation of $85,048. Separately, for fiscal 2025, shareholders backed the say-on-pay proposal with 92.9% of votes cast including abstentions in favor at the meeting held May 22, 2026; the disclosed peer group names 3M Company, Caterpillar Inc., Cisco Systems, Inc., Deere & Company and Dow Inc., among others.
Chief executive, fiscal 2025
◇
Vimal Kapur
Median of the other named officers
$5,626,906
6 officers, excluding the chief executive
Latest say-on-pay support
=
May 22, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Vimal Kapur: $18,277,193 → $20,381,435 (11.5% higher)
Say-on-pay support: 93.3% → 92.9% (0.4 points lower)
CEO pay ratio: 231:1 → 239:1 (3.5% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Honeywell International's chief executive and what were they paid?
Vimal Kapur, Chairman and Chief Executive Officer, received $20,381,435 in total compensation for fiscal 2025. Kapur's total was 11.5% higher than the $18,277,193 reported for fiscal 2024.
What was Honeywell International's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 92.9% of votes cast including abstentions in favor at the meeting held May 22, 2026.
Which companies are in Honeywell International's peer group?
The disclosed peer group names 3M Company, Caterpillar Inc., Cisco Systems, Inc., Deere & Company and Dow Inc., among others.
What is Honeywell International's chief executive pay ratio?
The company reported a chief executive pay ratio of 239:1 for fiscal 2025, against median employee compensation of $85,048.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Darius Adamczyk
Chairman and Chief Executive Officer
◇—◇◇◇◇◇◇
Lucian Boldea
President and Chief Executive Officer, Performance Materials and Technologies
◇◇◇◇◇—◇◇
Vimal Kapur
President and Chief Operating Officer
◇—◇◇◇◇◇◇
Anne Madden
Senior Vice President and General Counsel
◇—◇◇◇◇◇◇
Gregory Lewis
Senior Vice President and Chief Financial Officer
◇—◇◇◇◇◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Darius Adamczyk
Executive Chairman & Former CEO
Departed during or after this year
◇—◇◇◇◇◇◇
Vimal Kapur
Chairman and Chief Executive Officer
◇—◇◇◇◇◇◇
Gregory Lewis
SVP & CFO
◇—◇◇◇◇◇◇
Anne Madden
SVP & General Counsel
◇—◇◇◇◇◇◇
Lucian Boldea
President & CEO, PMT
◇—◇◇◇◇◇◇
James Currier
President and Chief Executive Officer, Aerospace Technologies
◇—◇◇◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Vimal Kapur
Chairman and Chief Executive Officer
◇—◇◇◇◇◇◇
Gregory Lewis
Senior Vice President and Chief Financial Officer
◇—◇◇◇◇◇◇
Anne Madden
Senior Vice President and General Counsel
◇—◇◇◇◇◇◇
Lucian Boldea
President and Chief Executive Officer, Industrial Automation
◇—◇◇◇◇◇◇
James Currier
President and Chief Executive Officer, Aerospace Technologies
◇—◇◇◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Vimal Kapur
Chairman and Chief Executive Officer
◇—◇◇◇◇◇◇
Lucian Boldea
Former President and Chief Executive Officer, Industrial Automation
Departed during or after this year
◇—◇◇——◇◇
James Currier
President and Chief Executive Officer, Aerospace Technologies
◇—◇◇◇◇◇◇
Michal Stepniak
Senior Vice President and Chief Financial Officer
◇—◇◇◇—◇◇
James Masso
President and Chief Executive Officer, Process Automation
◇—◇◇◇—◇◇
Billal Hammoud
President and Chief Executive Officer, Building Automation
◇—◇◇◇◇◇◇
Gregory Lewis
Former Senior Vice President and Chief Financial Officer
Departed during or after this year
◇—◇◇◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Billal HammoudOPTION◇——◇—◇◇
Billal HammoudRSU◇——◇——◇
Billal HammoudPSU◇——◇——◇
Billal HammoudRSU◇——◇——◇
Gregory LewisRSU◇——◇——◇
Gregory LewisPSU◇——◇——◇
Gregory LewisOPTION◇——◇—◇◇
James CurrierOPTION◇——◇—◇◇
James CurrierPSU◇——◇——◇
James CurrierRSU◇——◇——◇
James MassoPSU◇——◇——◇
James MassoOPTION◇——◇—◇◇
James MassoRSU◇——◇——◇
James MassoRSU◇——◇——◇
Lucian BoldeaPSU◇——◇——◇
Lucian BoldeaOPTION◇——◇—◇◇
Lucian BoldeaRSU◇——◇——◇
Michal StepniakRSU◇——◇——◇
Michal StepniakPSU◇——◇——◇
Michal StepniakOPTION◇——◇—◇◇
Vimal KapurRSU◇——◇——◇
Vimal KapurOPTION◇——◇—◇◇
Vimal KapurPSU◇——◇——◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Gregory LewisOption◇—◇—
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
RSU◇◇——
Option◇—◇—
Option◇—◇—
RSU◇◇——
RSU◇◇——
RSU◇◇——
Michal StepniakRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
James CurrierRSU◇◇——
RSU◇◇——
PSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
Option◇—◇—
RSU◇◇——
PSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
RSU◇◇——
Vimal KapurOption◇—◇—
Option◇—◇—
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Option◇—◇—
RSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
RSU◇◇——
RSU◇◇——
Billal HammoudPSU◇◇——
Option◇—◇—
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Option◇—◇—
Option◇—◇—
RSU◇◇——
RSU◇◇——
Option◇—◇—
RSU◇◇——
PSU◇◇——
RSU◇◇——
Option◇—◇—
Option◇—◇—
James MassoPSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
Lucian BoldeaPSU◇◇——
Option◇—◇—
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William S. Ayer
Lead independent director
◇◇———◇◇
Michael W. Lamach
◇◇———◇◇
Grace Lieblein
◇◇———◇◇
D. Scott Davis
◇◇——◇◇◇
Kevin Burke
◇◇———◇◇
Duncan B. Angove
◇◇———◇◇
Deborah Flint
◇◇———◇◇
Robin Watson
◇◇———◇◇
Rose Lee
◇◇———◇◇
Stephen Williamson
◇◇———◇◇
Marc Steinberg
◇◇———◇◇
Robin L. Washington
◇◇———◇◇
Craig Arnold
◇◇———◇◇
Indra Nooyi and Vimal Kapur served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 5x annual cash retainer ($600,000)

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • 3M Company MMM
  • Caterpillar Inc. CAT
  • Cisco Systems, Inc. CSCO
  • Deere & Company DE
  • Dow Inc. DOW
  • DuPont de Nemours, Inc. DD
  • Eaton Corporation plc ETN
  • Emerson Electric Co. EMR
  • General Dynamics Corporation GD
  • General Electric Company GE
  • Illinois Tool Works Inc. ITW
  • Johnson Controls International plc JCI
  • Lockheed Martin Corporation LMT
  • Medtronic plc MDT
  • Phillips 66 PSX
  • RTX Corporation RTX
  • Schlumberger Limited SLB
  • The Boeing Company BA

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 22, 2026=◇◇◇
2024May 20, 2025=◇◇◇
2023May 14, 2024=◇◇◇
2022May 19, 2023=◇◇◇
2021April 25, 2022=◇◇◇
2020May 21, 2021=◇◇◇
2019April 27, 2020=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Honeywell International disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Honeywell International sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
519 figures on this page: 512 cited to the filing that reported them, 7 calculated from figures it prints.
512 cited to the filing
7 calculated from the filing

Documents cited

  1. 0001193125-26-242011
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0000773840-26-000029
    2025 DIRECTOR COMPENSATION TABLE · ANNUAL INCENTIVE COMPENSATION PLAN (ICP) & · CEO Pay Ratio · DIRECTOR COMPENSATION · and 3 more sections
  3. 0000773840-25-000043
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0000773840-25-000030
    SUMMARY COMPENSATION TABLE
  5. 0000773840-24-000058
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000773840-24-000037
    SUMMARY COMPENSATION TABLE
  7. 0000773840-23-000048
  8. 0000773840-23-000024
    SUMMARY COMPENSATION TABLE
  9. 0001193125-22-127973
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000773840-21-000045
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0000773840-20-000019
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Honeywell International executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/HON (accessed 2026).
Short form: data: Velarion
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Peers Honeywell International discloses

The companies named in HON's own disclosed peer group.

3M CompanyCaterpillar Inc.Cisco Systems, Inc.Medtronic plcThe Boeing Company

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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