Honeywell International (HON) Gross Margin (2009 - 2026)
Honeywell International's quarterly Gross Margin came in at 38.71% in Q1 2026, down 8.0% year-on-year from 42.07% in Q1 2025, and down 29.69% quarter-over-quarter from 55.05% in Q4 2025.
Honeywell International has reported Gross Margin for 18 years, with the latest figure at 38.71% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 8.0% year-over-year to 38.71%; the trailing twelve-month figure through Mar 2026 stood at 38.45% (down 169.0% YoY), and the FY2025 full-year result was 36.93%, down 154.0% from the prior year.
- Gross Margin for Q1 2026 stood at 38.71%, down from 55.05% 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 37.7%, with a median of 37.2% recorded in 2022.
- Year-over-year, Gross Margin plunged 963 bps in 2022 and soared 2341 bps in 2024.
- Tracing HON's Gross Margin over 5 years: 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 dropped by 30 bps to 38.71% in 2026.
- The last three Gross Margin figures came in at 38.71% (Q1 2026), 55.05% (Q4 2025), and 27.3% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Honeywell International | 149.73 Bn | 138.42 Bn | 3.54 Bn | 38.71% |
| 2 | 3M | 79.89 Bn | 75.79 Bn | 2.46 Bn | 40.73% |
| 3 | Valmont Industries | 10.28 Bn | 10.12 Bn | 316.88 Mn | 30.79% |
| 4 | Seaboard | 5.00 Bn | 3.86 Bn | 217.00 Mn | 9.04% |
| 5 | Otter Tail | 3.50 Bn | 3.10 Bn | 239.49 Mn | 69.01% |
| 6 | Tetra Technologies | 1.39 Bn | 1.39 Bn | 38.23 Mn | 24.46% |
| 7 | Deluxe | 1.11 Bn | 1.08 Bn | 279.40 Mn | 51.92% |
| 8 | Matthews International | 838.50 Mn | 802.41 Mn | 101.98 Mn | 39.43% |
| 9 | Compass Diversified Holdings | 825.34 Mn | 892.99 Mn | 189.36 Mn | 44.36% |
| 10 | Falcon's Beyond Global | 575.98 Mn | 586.01 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.71% |
| Dec 31, 2025 | 55.05% |
| Sep 30, 2025 | 27.30% |
| Jun 30, 2025 | 32.11% |
| 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% |
| Jun 30, 2021 | 31.85% |
| Mar 31, 2021 | 32.47% |
| Dec 31, 2020 | 32.85% |
| Sep 30, 2020 | 30.96% |
| Jun 30, 2020 | 29.44% |
| Mar 31, 2020 | 34.61% |
| Dec 31, 2019 | 33.36% |
| Sep 30, 2019 | 33.55% |
| Jun 30, 2019 | 34.07% |
| Mar 31, 2019 | 33.82% |
| Dec 31, 2018 | 31.29% |
| Sep 30, 2018 | 29.79% |
| Jun 30, 2018 | 30.27% |
| Mar 31, 2018 | 30.80% |
| Dec 31, 2017 | 30.46% |
| Sep 30, 2017 | 30.30% |
| Jun 30, 2017 | 30.30% |
| Mar 31, 2017 | 87.91% |
| Dec 31, 2016 | 25.83% |
| Sep 30, 2016 | 86.65% |
| Jun 30, 2016 | 43.93% |
| Mar 31, 2016 | 43.82% |
| Dec 31, 2015 | 248.85% |
| Sep 30, 2015 | 86.66% |
| Jun 30, 2015 | 86.98% |
| Mar 31, 2015 | 43.42% |
| Dec 31, 2014 | -145.98% |
| Sep 30, 2014 | 42.03% |
| Jun 30, 2014 | 41.02% |
| Mar 31, 2014 | 28.02% |
| Dec 31, 2013 | -137.33% |
| Sep 30, 2013 | 40.69% |
| Jun 30, 2013 | 27.50% |
| Mar 31, 2013 | 27.28% |
| Dec 31, 2012 | 85.61% |
| Sep 30, 2012 | 85.72% |
| Jun 30, 2012 | 85.80% |
| Mar 31, 2012 | 85.94% |
| Dec 31, 2011 | 10.96% |
| Sep 30, 2011 | 24.36% |
| Jun 30, 2011 | 26.66% |
| Mar 31, 2011 | 25.92% |
| Dec 31, 2010 | 85.69% |
| Sep 30, 2010 | 24.19% |
| Jun 30, 2010 | 39.65% |
| Mar 31, 2010 | 22.27% |
| Dec 31, 2009 | 83.52% |
| Sep 30, 2009 | 39.52% |
| Jun 30, 2009 | 40.31% |
| Mar 31, 2009 | 84.83% |