Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
there is no material impact to our projected results from recently announced changes in tariffs.
In fact, in the first quarter, we achieved an EBIT adjusted margin of 10.1%, including 1.5 points of benefit from the accounting adjustment resulting from the recent Supreme Court tariff decision.
Despite the high hurdle of a pre-tariff comparison from 2025, sales were up low single digits.
Our fiscal '26 outlook continues to call for approximately $500 million before tax and higher costs from tariffs.
International volumes are going to remain soft due to continued tariff volatility and trade pressures.
first quarter margins were impacted year on year by increased tariffs, project mix, and higher costs in OneSubsea, as well as pricing headwinds in select markets, particularly in Well Construction.
Despite ongoing tariff-related pressures and significant Middle East disruption, we delivered strong results.
the Middle East conflict drove a roughly 0.5% impact to revenue for all of Honeywell, most notably in Process Automation and Technology given the energy exposure and presence in the region.
we had to go through and our customers did, we delivered again a quarter that moves us ahead.
you get hesitancy, Kevin, as you well know, right, when you have tariffs flying out at billions and billions and billions.