Honeywell International (HON) Tax Rate (2009 - 2026)
Honeywell International (HON) posted Tax Rate of 20.96% for Q2 2026, up 104.06% on a QoQ basis from 10.27% in Q1 2026, and up 596.0% year-over-year from 3.01% in Q2 2025.
Analysis
Honeywell International (HON) Tax Rate (2009 - 2026) Analysis & Trends
Honeywell International has reported Tax Rate for 18 years, with the latest figure at 20.96% in Q2 2026.
- On a quarterly basis, Tax Rate rose 596.0% year-over-year to 20.96% in Q2 2026; TTM through Jun 2026 was 19.32%, a 83.0% increase from a year earlier, with the FY2025 full-year figure at 18.41%, down 160.0% from the prior year.
- Tax Rate was 20.96% for Q2 2026 at Honeywell International, up from 10.27% 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 18.17%, with a median of 20.98% recorded in 2023.
- The sharpest annual moves came in 2025 and 2026: Tax Rate jumped 955 bps in 2025, then slumped 1189 bps in 2026.
- Over 5 years, Tax Rate 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 soared by 42 bps to 20.96% in 2026.
- The last three Tax Rate figures came in at 20.96% (Q2 2026), 10.27% (Q1 2026), and 14.77% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rtx | 270.60 Bn | 264.04 Bn | 9.91 Bn | 17.98% |
| 2 | Boeing | 167.74 Bn | 147.73 Bn | 2.41 Bn | -17.26% |
| 3 | Howmet Aerospace | 103.67 Bn | 103.11 Bn | 951.00 Mn | 17.72% |
| 4 | Honeywell International | 66.43 Bn | 57.56 Bn | 3.65 Bn | 20.96% |
| 5 | TransDigm | 64.26 Bn | 61.56 Bn | 1.63 Bn | 24.26% |
| 6 | Heico | 45.47 Bn | 45.85 Bn | 580.99 Mn | 20.62% |
| 7 | AerCap Holdings | 24.26 Bn | 24.26 Bn | - | -15.48% |
| 8 | Woodward | 20.44 Bn | 19.97 Bn | 349.91 Mn | 24.20% |
| 9 | FTAI Aviation | 20.14 Bn | 19.81 Bn | 317.30 Mn | 17.00% |
| 10 | Textron | 13.60 Bn | 12.16 Bn | 304.00 Mn | 18.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.96% |
| Mar 31, 2026 | 10.27% |
| Dec 31, 2025 | 14.77% |
| 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% |