Honeywell International (HON) Operating Margin (2009 - 2026)
Honeywell International's Operating Margin came in at 18.37% for Q2 2026, down 1.40 percentage points from 19.77% a year earlier and down 0.63 percentage points from the prior quarter.
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Analysis
Honeywell International (HON) Operating Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Honeywell International reported Operating Margin of 20.80%, down 2.27 percentage points year-over-year; for FY2025, it came in at 17.54%, down 1.67 percentage points from FY2024.
- Operating Margin carries a five-year change of +0.09 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 19.21% in FY2024 (+0.70 pp), 18.51% in FY2023 (+0.39 pp), 18.12% in FY2022 (+0.09 pp) and 18.03% in FY2021 (+0.57 pp).
- The five-year range for quarterly Operating Margin is 8.30% (Q3 2025) to 40.45% (Q4 2024).
- Year-over-year, Operating Margin has declined for four consecutive quarters, with an average year-over-year change of +3.59 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in Q4 2024 (a gain of 29.93 percentage points), and the weakest in Q4 2022 (a drop of 13.20 percentage points).
- Business Quant data shows HON's Operating Margin at 19.00% (Q1 2026), 37.02% (Q4 2025) and 8.30% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Space Exploration Technologies | 1,943.02 Bn | 1,704.73 Bn | 9.10 Bn | 19.15% |
| 2 | General Electric | 349.37 Bn | 308.11 Bn | 5.02 Bn | -1.26% |
| 3 | Rtx | 270.29 Bn | 240.28 Bn | 5.81 Bn | 13.37% |
| 4 | Lockheed Martin | 139.31 Bn | 123.54 Bn | 2.44 Bn | 11.80% |
| 5 | Boeing | 137.40 Bn | 46.38 Bn | 2.17 Bn | 1.46% |
| 6 | General Dynamics | 99.29 Bn | 84.52 Bn | 2.25 Bn | 10.48% |
| 7 | Motorola Solutions | 87.28 Bn | 83.77 Bn | 1.77 Bn | 23.02% |
| 8 | Howmet Aerospace | 87.15 Bn | 82.91 Bn | 1.00 Bn | 28.75% |
| 9 | Northrop Grumman | 77.96 Bn | 65.41 Bn | 2.35 Bn | 11.41% |
| 10 | Honeywell International | 72.44 Bn | 32.19 Bn | 2.02 Bn | 22.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.61% |
| Jun 30, 2026 | 11.59% |
| Mar 31, 2026 | 13.58% |
| Dec 31, 2025 | -248.13% |
| Sep 30, 2025 | 27.79% |
| Jun 30, 2025 | 11.78% |
| Mar 31, 2025 | 21.85% |
| Dec 31, 2024 | -5.51% |
| Sep 30, 2024 | -57.42% |
| Jun 30, 2024 | -57.01% |
| Mar 31, 2024 | -57.13% |
| Dec 31, 2023 | 12.51% |
| Sep 30, 2023 | 23.59% |
| Jun 30, 2023 | 22.86% |
| Mar 31, 2023 | 22.02% |
| Dec 31, 2022 | 14.51% |
| Sep 30, 2022 | 23.23% |
| Jun 30, 2022 | 20.00% |
| Mar 31, 2022 | 18.98% |
| Dec 31, 2021 | 21.64% |
API Access
Honeywell International Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=HON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "HON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=HON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();