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
Download Data| Date | Value |
|---|---|
| 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 |