Honeywell International (HON) Tax Rate (2009 - 2026)

Honeywell International (HON) recorded quarterly Tax Rate of 10.27% in Q1 2026, down 30.46% quarter-over-quarter from 14.77% in Q4 2025, and down 1189.0% on a YoY basis from 0.94% in Q1 2025.

Honeywell International (HON) Tax Rate (2009 - 2026) Analysis & Trends

Honeywell International's Tax Rate history runs 18 years deep, the most recent figure standing at 10.27% for Q1 2026.

  • In Q1 2026, Tax Rate fell 1189.0% year-over-year to 10.27%; the TTM figure through Mar 2026 stood at 15.23% (down 501.0% YoY), while the FY2025 annual figure was 18.41%, down 160.0% from the prior year.
  • Tax Rate was 10.27% for Q1 2026 at Honeywell International, down from 14.77% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 25.88% in Q2 2022 to a low of 5.22% in Q4 2024.
  • Historically, Tax Rate has averaged 18.07% across 5 years, with a median of 20.99% in 2023.
  • The sharpest annual moves came in 2025 and 2026: Tax Rate soared 955 bps in 2025, then tumbled 1189 bps in 2026.
  • A 5-year view of Tax Rate shows it stood at 14.13% in 2022, then slumped by 57 bps to 6.13% in 2023, then decreased by 15 bps to 5.22% in 2024, then soared by 183 bps to 14.77% in 2025, then plunged by 30 bps to 10.27% in 2026.
  • The last three Tax Rate figures came in at 10.27% (Q1 2026), 14.77% (Q4 2025), and 16.34% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Pampa Energy 1,836.33 Bn 900.18 Bn 109.00 Mn -31.82
2 Honeywell International 145.45 Bn 134.13 Bn 3.54 Bn 10.27
3 3M 85.14 Bn 81.04 Bn 2.46 Bn 25.17
4 Valmont Industries 11.12 Bn 10.97 Bn 316.88 Mn 14.78
5 Seaboard 4.59 Bn 3.45 Bn 217.00 Mn 16.08
6 Otter Tail 3.66 Bn 3.25 Bn 239.49 Mn 6.29
7 Tetra Technologies 1.37 Bn 1.37 Bn 38.23 Mn 28.22
8 Deluxe 1.04 Bn 1.01 Bn 279.40 Mn 23.18
9 Matthews International 826.85 Mn 790.76 Mn 101.98 Mn 22.16
10 Compass Diversified Holdings 760.64 Mn 828.28 Mn 189.36 Mn -29.72

Historic Data

Download Data
DateValue
Mar 31, 2026 10.27%
Mar 31, 2026 10.27%
Dec 31, 2025 14.77%
Dec 31, 2025 14.77%
Sep 30, 2025 16.34%
Sep 30, 2025 16.34%
Jun 30, 2025 16.14%
Jun 30, 2025 16.14%
Mar 31, 2025 22.16%
Mar 31, 2025 22.16%
Dec 31, 2024 5.22%
Dec 31, 2024 5.22%
Sep 30, 2024 22.42%
Sep 30, 2024 22.42%
Jun 30, 2024 20.97%
Jun 30, 2024 20.97%
Mar 31, 2024 21.17%
Mar 31, 2024 21.17%
Dec 31, 2023 6.13%
Dec 31, 2023 6.13%