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| 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% |