Honeywell International (HON) Tax Rate (2009 - 2026)
Honeywell International (HON) recorded Tax Rate of 20.96% in Q2 2026, up 5.96 percentage points from 15.00% a year earlier and up 10.69 percentage points from the prior quarter.
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Analysis
Honeywell International (HON) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Honeywell International's Tax Rate came in at 19.32% as of Jun 30, 2026, up 0.83 percentage points year-over-year; for FY2025, it came in at 18.41%, down 1.60 percentage points from FY2024.
- Annual Tax Rate has declined for four straight years, with a five-year change of -0.67 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 20.00% in FY2024 (-0.38 pp), 20.38% in FY2023 (-1.75 pp), 22.14% in FY2022 (-0.33 pp) and 22.46% in FY2021 (+3.38 pp).
- The Q2 2026 figure is the highest quarterly Tax Rate since Q1 2025.
- On a year-over-year basis, Tax Rate rose in two of the last seven quarters, with an average year-over-year change of -2.64 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 5.96 percentage points in Q2 2026, against a drop of 11.89 percentage points in Q1 2026 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 348.08 Bn | 306.60 Bn | 5.02 Bn | 13.73% |
| 2 | Rtx | 265.63 Bn | 233.90 Bn | 5.81 Bn | 17.96% |
| 3 | Boeing | 136.74 Bn | 45.69 Bn | 2.17 Bn | - |
| 4 | Lockheed Martin | 135.57 Bn | 119.80 Bn | 2.44 Bn | 15.06% |
| 5 | General Dynamics | 97.85 Bn | 83.08 Bn | 2.25 Bn | 17.29% |
| 6 | Motorola Solutions | 87.60 Bn | 84.06 Bn | 1.77 Bn | 24.19% |
| 7 | Howmet Aerospace | 85.98 Bn | 81.73 Bn | 1.00 Bn | 21.36% |
| 8 | Northrop Grumman | 76.55 Bn | 64.01 Bn | 2.35 Bn | 13.41% |
| 9 | Honeywell International | 72.76 Bn | 32.28 Bn | 2.02 Bn | 6.09% |
| 10 | TransDigm | 70.04 Bn | 58.05 Bn | 1.63 Bn | 24.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.09% |
| Jun 30, 2026 | 20.96% |
| Mar 31, 2026 | 10.27% |
| Sep 30, 2025 | 16.34% |
| Jun 30, 2025 | 15.00% |
| Mar 31, 2025 | 22.16% |
| Dec 31, 2024 | 5.22% |
| Sep 30, 2024 | 22.42% |
| Jun 30, 2024 | 20.97% |
| Mar 31, 2024 | 21.17% |
| Dec 31, 2023 | 6.13% |
| Sep 30, 2023 | 22.98% |
| Jun 30, 2023 | 21.17% |
| Mar 31, 2023 | 20.99% |
| Dec 31, 2022 | 14.13% |
| Sep 30, 2022 | 21.81% |
| Jun 30, 2022 | 25.88% |
| Mar 31, 2022 | 24.65% |
| Dec 31, 2021 | 19.58% |
| Sep 30, 2021 | 25.12% |
API Access
Honeywell International Tax Rate 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=tax-rate&ticker=HON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=HON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();