Honeywell International (HON) Gross Margin (2009 - 2026)

Honeywell International (HON) recorded quarterly Gross Margin of 38.71% in Q1 2026, down 29.69% quarter-over-quarter from 55.05% in Q4 2025, and down 8.0% on a YoY basis from 42.07% in Q1 2025.

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 38.71% for Q1 2026.

  • In Q1 2026, Gross Margin fell 8.0% year-over-year to 38.71%; the TTM figure through Mar 2026 stood at 38.45% (down 169.0% YoY), while the FY2025 annual figure was 36.93%, down 154.0% from the prior year.
  • Gross Margin was 38.71% for Q1 2026 at Honeywell International, down from 55.05% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 57.01% in Q4 2024 to a low of 27.3% in Q3 2025.
  • Historically, Gross Margin has averaged 37.7% across 5 years, with a median of 37.2% in 2022.
  • The sharpest annual moves came in 2022 and 2024: Gross Margin plunged 963 bps in 2022, then jumped 2341 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 37.2% in 2022, then slipped by 10 bps to 33.59% in 2023, then jumped by 70 bps to 57.01% in 2024, then dropped by 3 bps to 55.05% in 2025, then slipped 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 Pampa Energy 1,836.33 Bn 900.18 Bn 109.00 Mn 39.07%
2 Honeywell International 145.45 Bn 134.13 Bn 3.54 Bn 38.71%
3 3M 85.14 Bn 81.04 Bn 2.46 Bn 40.73%
4 Valmont Industries 11.12 Bn 10.97 Bn 316.88 Mn 30.79%
5 Seaboard 4.59 Bn 3.45 Bn 217.00 Mn 9.04%
6 Otter Tail 3.66 Bn 3.25 Bn 239.49 Mn 69.01%
7 Tetra Technologies 1.37 Bn 1.37 Bn 38.23 Mn 24.46%
8 Deluxe 1.04 Bn 1.01 Bn 279.40 Mn 51.92%
9 Matthews International 826.85 Mn 790.76 Mn 101.98 Mn 39.43%
10 Compass Diversified Holdings 760.64 Mn 828.28 Mn 189.36 Mn 44.36%

Historic Data

Download Data
DateValue
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%