KPIs & Operating Metrics(New)
Cash Flow Statement
Growth Metrics

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

Honeywell International's quarterly Tax Rate came in at 10.27% in Q1 2026, down 1189.0% year-on-year from 0.94% in Q1 2025, and down 30.46% quarter-over-quarter from 14.77% in Q4 2025.

Honeywell International has reported Tax Rate for 18 years, with the latest figure at 10.27% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 1189.0% year-over-year to 10.27%; the trailing twelve-month figure through Mar 2026 stood at 15.23% (down 501.0% YoY), and the FY2025 full-year result was 18.41%, down 160.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 10.27%, down from 14.77% in the prior quarter.
  • The five-year high for Tax Rate was 25.88% in Q2 2022, with the low at 5.22% in Q4 2024.
  • Average Tax Rate over 5 years is 18.07%, with a median of 20.99% recorded in 2023.
  • Year-over-year, Tax Rate surged 955 bps in 2025 and tumbled 1189 bps in 2026.
  • Tracing HON's Tax Rate over 5 years: stood at 14.13% in 2022, then sank by 57 bps to 6.13% in 2023, then slipped by 15 bps to 5.22% in 2024, then jumped by 183 bps to 14.77% in 2025, then tumbled 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 Honeywell International 149.73 Bn 138.42 Bn 3.54 Bn 10.27
2 3M 79.89 Bn 75.79 Bn 2.46 Bn 25.17
3 Valmont Industries 10.28 Bn 10.12 Bn 316.88 Mn 14.78
4 Seaboard 5.00 Bn 3.86 Bn 217.00 Mn 16.08
5 Otter Tail 3.50 Bn 3.10 Bn 239.49 Mn 6.29
6 Tetra Technologies 1.39 Bn 1.39 Bn 38.23 Mn 28.22
7 Deluxe 1.11 Bn 1.08 Bn 279.40 Mn 23.18
8 Matthews International 838.50 Mn 802.41 Mn 101.98 Mn 22.16
9 Compass Diversified Holdings 825.34 Mn 892.99 Mn 189.36 Mn -29.72
10 Falcon's Beyond Global 575.98 Mn 586.01 Mn - 0.34

Historic Data

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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
Sep 30, 2023 22.98
Sep 30, 2023 22.98
Jun 30, 2023 21.17
Jun 30, 2023 21.17
Mar 31, 2023 20.99
Mar 31, 2023 20.99
Dec 31, 2022 14.13
Dec 31, 2022 14.13
Sep 30, 2022 21.81
Sep 30, 2022 21.81
Jun 30, 2022 25.88
Jun 30, 2022 25.88
Mar 31, 2022 24.65
Mar 31, 2022 24.65
Dec 31, 2021 19.58
Dec 31, 2021 19.58
Sep 30, 2021 25.12
Sep 30, 2021 25.12
Jun 30, 2021 23.07
Jun 30, 2021 23.07
Mar 31, 2021 22.19
Mar 31, 2021 22.19
Dec 31, 2020 19.36
Dec 31, 2020 19.36
Sep 30, 2020 31.97
Sep 30, 2020 31.97
Jun 30, 2020 9.84
Jun 30, 2020 9.84
Mar 31, 2020 17.00
Mar 31, 2020 17.00
Dec 31, 2019 10.07
Dec 31, 2019 10.07
Sep 30, 2019 16.22
Sep 30, 2019 16.22
Jun 30, 2019 21.49
Jun 30, 2019 21.49
Mar 31, 2019 22.04
Mar 31, 2019 22.04
Dec 31, 2018 -1.16
Dec 31, 2018 -1.16
Sep 30, 2018 -26.80
Sep 30, 2018 -26.80
Jun 30, 2018 35.94
Jun 30, 2018 35.94
Mar 31, 2018 24.02
Mar 31, 2018 24.02
Dec 31, 2017 250.39
Dec 31, 2017 250.39
Sep 30, 2017 23.40
Sep 30, 2017 23.40
Jun 30, 2017 21.26
Jun 30, 2017 21.26
Mar 31, 2017 22.74
Mar 31, 2017 22.74
Dec 31, 2016 -25.19
Dec 31, 2016 -25.19
Sep 30, 2016 23.53
Sep 30, 2016 23.53
Jun 30, 2016 24.39
Jun 30, 2016 24.39
Mar 31, 2016 24.69
Mar 31, 2016 24.69
Dec 31, 2015 27.22
Dec 31, 2015 27.22
Sep 30, 2015 25.25
Sep 30, 2015 25.25
Jun 30, 2015 26.47
Jun 30, 2015 26.47
Mar 31, 2015 26.73
Mar 31, 2015 26.73
Dec 31, 2014 25.23
Dec 31, 2014 25.23
Sep 30, 2014 24.56
Sep 30, 2014 24.56
Jun 30, 2014 26.07
Jun 30, 2014 26.07
Mar 31, 2014 26.58
Mar 31, 2014 26.58
Dec 31, 2013 -30.39
Dec 31, 2013 -30.39
Sep 30, 2013 27.24
Sep 30, 2013 27.24
Jun 30, 2013 23.10
Jun 30, 2013 23.10
Mar 31, 2013 23.10
Mar 31, 2013 23.10
Dec 31, 2012 16.67
Dec 31, 2012 16.67
Sep 30, 2012 22.71
Sep 30, 2012 22.71
Jun 30, 2012 26.00
Jun 30, 2012 26.00
Mar 31, 2012 26.47
Mar 31, 2012 26.47
Dec 31, 2011 13.35
Dec 31, 2011 13.35
Sep 30, 2011 23.18
Sep 30, 2011 23.18
Jun 30, 2011 27.64
Jun 30, 2011 27.64
Mar 31, 2011 27.06
Mar 31, 2011 27.06
Dec 31, 2010 -10.40
Dec 31, 2010 -10.40
Sep 30, 2010 29.81
Sep 30, 2010 29.81
Jun 30, 2010 27.25
Jun 30, 2010 27.25
Mar 31, 2010 29.34
Mar 31, 2010 29.34
Dec 31, 2009 7,233.33
Dec 31, 2009 7,233.33
Sep 30, 2009 22.43
Sep 30, 2009 22.43
Jun 30, 2009 26.52
Jun 30, 2009 26.52
Mar 31, 2009 26.52
Mar 31, 2009 26.52