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Growth Metrics

Honeywell International (HON) Tax Rate (2016 - 2025)

Honeywell International (HON) has 16 years of Tax Rate data on record, last reported at 22.42% in Q3 2024.

  • For Q3 2024, Tax Rate fell 56.0% year-over-year to 22.42%; the TTM value through Sep 2024 reached 17.45%, down 297.0%, while the annual FY2023 figure was 17.63%, 451.0% down from the prior year.
  • Tax Rate reached 22.42% in Q3 2024 per HON's latest filing, up from 20.97% in the prior quarter.
  • Across five years, Tax Rate topped out at 31.97% in Q3 2020 and bottomed at 2.19% in Q4 2023.
  • Average Tax Rate over 5 years is 20.34%, with a median of 21.17% recorded in 2023.
  • Peak YoY movement for Tax Rate: soared 1575bps in 2020, then plummeted -1194bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 19.36% in 2020, then increased by 1bps to 19.58% in 2021, then decreased by -28bps to 14.13% in 2022, then tumbled by -84bps to 2.19% in 2023, then skyrocketed by 923bps to 22.42% in 2024.
  • Per Business Quant database, its latest 3 readings for Tax Rate were 22.42% in Q3 2024, 20.97% in Q2 2024, and 21.17% in Q1 2024.