TTM
36.9%
YoY change
−1.54pp
Trough year (2001)
13.6%
Peak year (2024)
38.5%
Latest annual
36.9%
Gross Margin history chart for Honeywell International (HON) from 1985 to 2025
Latest: 36.9%
Gross Margin change chart for Honeywell International (HON) from 1985 to 2025
Latest: −1.54pp
Gross Margin history table for Honeywell International (HON) from 1985 to 2025
| 2025 | 36.9% | -1.54pp | ||
| 2024 | 38.5% | +0.99pp | ||
| 2023 | 37.5% | +0.49pp | ||
| 2022 | 37.0% | +1.14pp | ||
| 2021 | 35.9% | +3.78pp | ||
| 2020 | 32.1% | -1.62pp | ||
| 2019 | 33.7% | +3.18pp | ||
| 2018 | 30.5% | -0.05pp | ||
| 2017 | 30.6% | +0.99pp | ||
| 2016 | 29.6% | -1.09pp | ||
| 2015 | 30.7% | +2.52pp | ||
| 2014 | 28.2% | +0.78pp | ||
| 2013 | 27.4% | +2.49pp | ||
| 2012 | 24.9% | +3.06pp | ||
| 2011 | 21.8% | -1.76pp | ||
| 2010 | 23.6% | +1.27pp | ||
| 2009 | 22.3% | -1.11pp | ||
| 2008 | 23.4% | -0.54pp | ||
| 2007 | 24.0% | +0.78pp | ||
| 2006 | 23.2% | +1.02pp | ||
| 2005 | 22.2% | +3.25pp | ||
| 2004 | 18.9% | -2.16pp | ||
| 2003 | 21.1% | +0.15pp | ||
| 2002 | 20.9% | +7.29pp | ||
| 2001 | 13.6% | -10.08pp | ||
| 2000 | 23.7% | +1.63pp | ||
| 1999 | 22.1% | -2.83pp | ||
| 1998 | 24.9% | +2.44pp | ||
| 1997 | 22.5% | +5.54pp | ||
| 1996 | 16.9% | -2.64pp | ||
| 1995 | 19.6% | -0.08pp | ||
| 1994 | 19.6% | +0.40pp | ||
| 1993 | 19.2% | -2.75pp | ||
| 1992 | 22.0% | +1.51pp | ||
| 1991 | 20.5% | -0.40pp | ||
| 1990 | 20.9% | -1.76pp | ||
| 1989 | 22.6% | -0.20pp | ||
| 1988 | 22.8% | -0.14pp | ||
| 1987 | 23.0% | -2.89pp | ||
| 1986 | 25.9% | -0.43pp | ||
| 1985 | 26.3% | — |
- 202536.9%-1.54pp
- 202438.5%+0.99pp
- 202337.5%+0.49pp
- 202237.0%+1.14pp
- 202135.9%+3.78pp
- 202032.1%-1.62pp
- 201933.7%+3.18pp
- 201830.5%-0.05pp
- 201730.6%+0.99pp
- 201629.6%-1.09pp
- 201530.7%+2.52pp
- 201428.2%+0.78pp
- 201327.4%+2.49pp
- 201224.9%+3.06pp
- 201121.8%-1.76pp
- 201023.6%+1.27pp
- 200922.3%-1.11pp
- 200823.4%-0.54pp
- 200724.0%+0.78pp
- 200623.2%+1.02pp
- 200522.2%+3.25pp
- 200418.9%-2.16pp
- 200321.1%+0.15pp
- 200220.9%+7.29pp
- 200113.6%-10.08pp
- 200023.7%+1.63pp
- 199922.1%-2.83pp
- 199824.9%+2.44pp
- 199722.5%+5.54pp
- 199616.9%-2.64pp
- 199519.6%-0.08pp
- 199419.6%+0.40pp
- 199319.2%-2.75pp
- 199222.0%+1.51pp
- 199120.5%-0.40pp
- 199020.9%-1.76pp
- 198922.6%-0.20pp
- 198822.8%-0.14pp
- 198723.0%-2.89pp
- 198625.9%-0.43pp
- 198526.3%—
Gross Margin values are taken from Honeywell International's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Honeywell International (HON)
According to Honeywell International's latest reported financial statements, the company's latest reported gross margin is 36.9%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Honeywell International (HON) gross margin totalled 36.93% – contracted 1.5 percentage points year-over-year.
The highest annual gross margin of 38.47% was reported in 2024. The lowest in the available history was 13.63% in 2001.
Honeywell International Gross Margin by Year
Honeywell International Gross Margin 2025: 36.9%
2025's gross margin for Honeywell International came in at 36.93%, contracted 1.5 percentage points from 2024.
Honeywell International Gross Margin 2024: 38.5%
Honeywell International posted gross margin of 38.47% in 2024, expanded 1.0 percentage points from 2023. This figure represents the highest annual value in the available history.
Honeywell International Gross Margin 2023: 37.5%
In 2023, Honeywell International reported gross margin of 37.48%, expanded 0.5 percentage points from 2022.
Honeywell International Gross Margin 2022: 37.0%
Honeywell International gross margin in 2022 was 36.99%, expanded 1.1 percentage points from 2021.
Honeywell International Gross Margin 2021: 35.9%
Honeywell International gross margin in 2021 was 35.85%.
See more financial history for Honeywell International (HON).
Sector peers by Gross Margin
Industrials peers of Honeywell International (HON), ranked by their latest gross margin
| 45.7% | |
| 36.9% | |
| 35.1% | |
| 34.8% | |
| 32.5% | |
| 20.2% | |
| 9.8% | |
| 4.8% |
- 45.7%
- 35.1%
- 34.8%
- 32.5%
- 20.2%
- 4.8%
Frequently asked questions
Honeywell International (HON) Key Financials
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