SuperworthHoneywell International profit margin HON
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 21.6%
- Operating margin, 12 months
- 29.8%
- Net margin on a year earlier
- +5.8 pts
- Peer median
- 14.0%
Over the twelve months to Jun 30, 2026, Honeywell International kept 21.6% of its revenue as net profit, with an operating margin of 29.8% and a gross margin of 34.7%.
Five years earlier its net margin was 14.6%.
The median for 10 industrial stocks of a similar size is 14.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 12.6% | 13.5% | 35.1% |
| FY2024 | 16.4% | 21.4% | 42.2% |
| FY2023 | 15.4% | 19.3% | 37.3% |
| FY2022 | 14.0% | 18.1% | 37.0% |
| FY2021 | 16.1% | 18.0% | 32.0% |
| FY2020 | 14.6% | 17.5% | 32.1% |
| FY2019 | 16.7% | 18.7% | 33.7% |
| FY2018 | 16.2% | 16.0% | 30.5% |
| FY2017 | 3.8% | 15.5% | 30.6% |
| FY2016 | 12.2% | 17.0% | 30.9% |
| FY2015 | 12.4% | 17.7% | 30.7% |
| FY2014 | 10.5% | 14.5% | 28.2% |
| FY2013 | 10.0% | 14.1% | 27.4% |
| FY2012 | 7.8% | 11.0% | 24.9% |
| FY2011 | 5.7% | 7.0% | 21.8% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 21.6% | +5.8 pts | 29.8% | |
| Q1 FY26 | 10.9% | −5.2 pts | 12.8% | |
| Q4 FY25 | 12.6% | −3.8 pts | 13.5% | |
| Q3 FY25 | 16.6% | +0.4 pts | 19.2% | |
| Q2 FY25 | 15.8% | −0.6 pts | 19.8% | |
| Q1 FY25 | 16.0% | +0.1 pts | 20.6% | |
| Q4 FY24 | 16.4% | +1.0 pts | 21.4% | |
| Q3 FY24 | 16.2% | +1.4 pts | 20.8% | |
| Q2 FY24 | 16.3% | +1.3 pts | 20.8% | |
| Q1 FY24 | 15.9% | +1.4 pts | 20.2% | |
| Q4 FY23 | 15.4% | +1.4 pts | 19.3% | |
| Q3 FY23 | 14.9% | −0.5 pts | 20.1% |
Against its peers
Companies in Industrials nearest Honeywell International's size, closest first, today.
| Company | Profit margin |
|---|---|
| HONHoneywell International | 21.6% |
| FDXFedEx | 4.7% |
| CMICummins | 7.8% |
| URIUnited Rentals | 15.7% |
| RSGRepublic Services | 12.9% |
| NSCNorfolk Southern | 21.0% |
| HWMHowmet Aerospace | 20.5% |
| VRTVertiv | 15.1% |
| GWWW.W. Grainger | 9.9% |
| NOCNorthrop Grumman | 10.5% |
| ITWIllinois Tool Works | 19.4% |
| Peer median | 14.0% |
Where Honeywell International ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Honeywell International
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.