Honeywell International (HON) Gross Margin (2009 - 2026)
Honeywell International (HON) posted quarterly Gross Margin of 37.59% for Q2 2026, down 172.0% year-over-year from 52.2% in Q2 2025, and down 2.9% quarter-over-quarter from 38.71% in Q1 2026.
Honeywell International (HON) Gross Margin (2009 - 2026) Analysis & Trends
Honeywell International's Gross Margin history runs 18 years deep, the most recent figure standing at 37.59% for Q2 2026.
- In Q2 2026, Gross Margin fell 172.0% year-over-year to 37.59%; the TTM figure through Jun 2026 stood at 39.78% (down 215.0% YoY), while the FY2025 annual figure was 36.93%, down 154.0% from the prior year.
- Gross Margin for Q2 2026 stood at 37.59%, down from 38.71% in the prior quarter.
- The five-year high for Gross Margin was 57.01% in Q4 2024, with the low at 27.3% in Q3 2025.
- The 5-year median for Gross Margin is 37.55% (2022), against an average of 38.09%.
- The sharpest annual moves came in 2022 and 2024: Gross Margin tumbled 963 bps in 2022, then soared 2341 bps in 2024.
- Honeywell International's Gross Margin stood at 37.2% in 2022, then decreased by 10 bps to 33.59% in 2023, then soared by 70 bps to 57.01% in 2024, then slipped by 3 bps to 55.05% in 2025, then sank by 32 bps to 37.59% in 2026.
- Business Quant data shows HON's Gross Margin at 37.59% in Q2 2026, 38.71% in Q1 2026, and 55.05% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 92.62 Bn | 89.29 Bn | 2.68 Bn | 41.28% |
| 2 | Honeywell International | 69.21 Bn | 60.02 Bn | 3.65 Bn | 37.59% |
| 3 | Valmont Industries | 9.35 Bn | 9.21 Bn | 340.82 Mn | 30.47% |
| 4 | Brookfield Business | 5.78 Bn | 1.02 Bn | 1.27 Bn | 19.59% |
| 5 | Pampa Energy | 4.32 Bn | 4.32 Bn | 372,128.00 | 0.00% |
| 6 | Seaboard | 4.18 Bn | 2.97 Bn | 221.00 Mn | 7.56% |
| 7 | Otter Tail | 3.86 Bn | 3.51 Bn | 216.33 Mn | 64.63% |
| 8 | Deluxe | 1.09 Bn | 1.06 Bn | 259.60 Mn | 51.99% |
| 9 | Tetra Technologies | 1.01 Bn | 860.10 Mn | 45.71 Mn | 24.62% |
| 10 | Compass Diversified Holdings | 754.93 Mn | 694.18 Mn | 189.36 Mn | 44.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 37.59% |
| Mar 31, 2026 | 38.71% |
| Dec 31, 2025 | 55.05% |
| Sep 30, 2025 | 27.30% |
| Jun 30, 2025 | 39.30% |
| Mar 31, 2025 | 38.79% |
| Dec 31, 2024 | 57.01% |
| Sep 30, 2024 | 32.20% |
| Jun 30, 2024 | 31.68% |
| Mar 31, 2024 | 31.56% |
| Dec 31, 2023 | 33.59% |
| Sep 30, 2023 | 38.45% |
| Jun 30, 2023 | 38.49% |
| Mar 31, 2023 | 37.97% |
| Dec 31, 2022 | 37.20% |
| Sep 30, 2022 | 37.50% |
| Jun 30, 2022 | 36.78% |
| Mar 31, 2022 | 36.44% |
| Dec 31, 2021 | 46.83% |
| Sep 30, 2021 | 32.18% |