TTM
14.9%
YoY change
−1.67pp
Trough year (1991)
-2.5%
Peak year (2024)
19.2%
Latest annual
17.5%
Operating Margin history chart for Honeywell International (HON) from 1985 to 2025
Latest: 17.5%
Operating Margin change chart for Honeywell International (HON) from 1985 to 2025
Latest: −1.67pp
Operating Margin history table for Honeywell International (HON) from 1985 to 2025
| 2025 | 17.5% | -1.67pp | ||
| 2024 | 19.2% | +0.70pp | ||
| 2023 | 18.5% | +0.39pp | ||
| 2022 | 18.1% | +0.09pp | ||
| 2021 | 18.0% | +0.57pp | ||
| 2020 | 17.5% | -1.21pp | ||
| 2019 | 18.7% | +2.62pp | ||
| 2018 | 16.0% | +0.49pp | ||
| 2017 | 15.5% | +0.15pp | ||
| 2016 | 15.4% | -2.30pp | ||
| 2015 | 17.7% | +3.23pp | ||
| 2014 | 14.5% | +0.38pp | ||
| 2013 | 14.1% | +3.05pp | ||
| 2012 | 11.0% | +3.99pp | ||
| 2011 | 7.0% | -2.26pp | ||
| 2010 | 9.3% | +1.37pp | ||
| 2009 | 7.9% | -1.72pp | ||
| 2008 | 9.7% | -1.11pp | ||
| 2007 | 10.8% | +1.01pp | ||
| 2006 | 9.8% | +1.00pp | ||
| 2005 | 8.8% | +2.80pp | ||
| 2004 | 6.0% | -2.34pp | ||
| 2003 | 8.3% | -0.24pp | ||
| 2002 | 8.5% | +7.87pp | ||
| 2001 | 0.7% | -10.51pp | ||
| 2000 | 11.2% | +2.66pp | ||
| 1999 | 8.5% | -3.61pp | ||
| 1998 | 12.1% | +2.73pp | ||
| 1997 | 9.4% | -1.40pp | ||
| 1996 | 10.8% | +2.02pp | ||
| 1995 | 8.8% | -0.21pp | ||
| 1994 | 9.0% | +0.92pp | ||
| 1993 | 8.1% | +4.62pp | ||
| 1992 | 3.4% | +5.91pp | ||
| 1991 | -2.5% | -8.37pp | ||
| 1990 | 5.9% | -2.01pp | ||
| 1989 | 7.9% | +2.02pp | ||
| 1988 | 5.9% | -0.84pp | ||
| 1987 | 6.7% | -2.17pp | ||
| 1986 | 8.9% | -0.90pp | ||
| 1985 | 9.8% | — |
- 202517.5%-1.67pp
- 202419.2%+0.70pp
- 202318.5%+0.39pp
- 202218.1%+0.09pp
- 202118.0%+0.57pp
- 202017.5%-1.21pp
- 201918.7%+2.62pp
- 201816.0%+0.49pp
- 201715.5%+0.15pp
- 201615.4%-2.30pp
- 201517.7%+3.23pp
- 201414.5%+0.38pp
- 201314.1%+3.05pp
- 201211.0%+3.99pp
- 20117.0%-2.26pp
- 20109.3%+1.37pp
- 20097.9%-1.72pp
- 20089.7%-1.11pp
- 200710.8%+1.01pp
- 20069.8%+1.00pp
- 20058.8%+2.80pp
- 20046.0%-2.34pp
- 20038.3%-0.24pp
- 20028.5%+7.87pp
- 20010.7%-10.51pp
- 200011.2%+2.66pp
- 19998.5%-3.61pp
- 199812.1%+2.73pp
- 19979.4%-1.40pp
- 199610.8%+2.02pp
- 19958.8%-0.21pp
- 19949.0%+0.92pp
- 19938.1%+4.62pp
- 19923.4%+5.91pp
- 1991-2.5%-8.37pp
- 19905.9%-2.01pp
- 19897.9%+2.02pp
- 19885.9%-0.84pp
- 19876.7%-2.17pp
- 19868.9%-0.90pp
- 19859.8%—
Operating 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 Operating Margin at Honeywell International (HON)
According to Honeywell International's latest reported financial statements, the company's latest reported operating margin is 14.9%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Honeywell International (HON) operating margin is 17.54% – contracted 1.7 percentage points year-over-year.
2024 marks the peak operating margin at 19.21%, with the historical low of -2.46% recorded in 1991.
Honeywell International Operating Margin by Year
Honeywell International Operating Margin 2025: 17.5%
Honeywell International posted operating margin of 17.54% in 2025, contracted 1.7 percentage points from 2024.
Honeywell International Operating Margin 2024: 19.2%
In 2024, Honeywell International reported operating margin of 19.21%, expanded 0.7 percentage points from 2023. This figure represents the highest annual value in the available history.
Honeywell International Operating Margin 2023: 18.5%
Honeywell International operating margin in 2023 was 18.51%, expanded 0.4 percentage points from 2022.
Honeywell International Operating Margin 2022: 18.1%
2022's operating margin for Honeywell International came in at 18.12%, expanded 0.1 percentage points from 2021.
Honeywell International Operating Margin 2021: 18.0%
Honeywell International operating margin in 2021 was 18.03%.
See more financial history for Honeywell International (HON).
Sector peers by Operating Margin
Industrials peers of Honeywell International (HON), ranked by their latest operating margin
| 40.1% | |
| 18.5% | |
| 18.1% | |
| 17.9% | |
| 16.6% | |
| 10.9% | |
| 9.9% | |
| -5.9% |
- 40.1%
- 18.5%
- 17.9%
- 16.6%
- 10.9%
- -5.9%
Frequently asked questions
Honeywell International (HON) Key Financials
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