Honeywell International (HON) Gross Margin (2009 - 2026)
Honeywell International (HON) posted Gross Margin of 37.59% for Q2 2026, down 2.9% on a QoQ basis from 38.71% in Q1 2026, and down 172.0% year-over-year from 52.2% in Q2 2025.
Analysis
Honeywell International (HON) Gross Margin (2009 - 2026) Analysis & Trends
Honeywell International has reported Gross Margin for 18 years, with the latest figure at 37.59% in Q2 2026.
- On a quarterly basis, Gross Margin fell 172.0% year-over-year to 37.59% in Q2 2026; TTM through Jun 2026 was 39.78%, a 215.0% decrease from a year earlier, with the FY2025 full-year figure at 36.93%, down 154.0% from the prior year.
- Gross Margin was 37.59% for Q2 2026 at Honeywell International, 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.
- Average Gross Margin over 5 years is 38.09%, with a median of 37.55% recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Gross Margin tumbled 963 bps in 2022, then surged 2341 bps in 2024.
- Over 5 years, Gross Margin stood at 37.2% in 2022, then dropped by 10 bps to 33.59% in 2023, then surged by 70 bps to 57.01% in 2024, then declined by 3 bps to 55.05% in 2025, then sank by 32 bps to 37.59% in 2026.
- The last three Gross Margin figures came in at 37.59% (Q2 2026), 38.71% (Q1 2026), and 55.05% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rtx | 266.88 Bn | 258.57 Bn | 9.91 Bn | 40.09% |
| 2 | Boeing | 163.35 Bn | 143.33 Bn | 2.41 Bn | 9.83% |
| 3 | Howmet Aerospace | 91.79 Bn | 91.23 Bn | 951.00 Mn | 37.34% |
| 4 | TransDigm | 64.69 Bn | 61.92 Bn | 1.63 Bn | 59.39% |
| 5 | Honeywell International | 64.23 Bn | 55.03 Bn | 3.65 Bn | 37.59% |
| 6 | Heico | 43.44 Bn | 43.20 Bn | 580.99 Mn | 41.12% |
| 7 | AerCap Holdings | 24.16 Bn | 24.16 Bn | - | - |
| 8 | Woodward | 19.89 Bn | 19.41 Bn | 349.91 Mn | 31.53% |
| 9 | FTAI Aviation | 18.39 Bn | 18.05 Bn | 317.30 Mn | 33.29% |
| 10 | Embraer | 13.80 Bn | 11.17 Bn | - | - |
Historic Data
Download Data
Historic 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% |