HON Honeywell International margins

  1. Stocks
  2. Industrials
  3. NASDAQ: HON
  4. Margins
?
Relative Growth: Rel. Growth: 75
Relative Strength: Rel. Strength: 4
Relative Valuation: Rel. Valuation: 94
Relative Profitability: Rel. Profitability: 83
Gross margin
36.6%
Operating margin
14.4%
EBITDA margin
35.7%
Net margin
22.7%

Recent Honeywell International shows a gross margin of 36.6%, an operating margin of 14.4%, an EBITDA margin of 35.7%, and a net margin of 22.7%. Among the available margins, EBITDA margin improved the most and operating margin declined the most, by 8.9 and 5.7 percentage points respectively.

HON margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Honeywell International's margins averaged 37.68% gross, 19.77% operating, 26.36% EBITDA, and 16.41% net. For Honeywell International, EBITDA and net margins are above their three-year averages, while gross and operating margins are below their three-year averages.

HON margin expansion

Year-over-year margin changes in percentage points

Compared with the same period last year, EBITDA margin expanded by 8.9 percentage points and net margin by 6 percentage points, while gross margin contracted by 2 percentage points and operating margin by 5.7 percentage points.

Gross margin expansion
-2pp
Operating margin expansion
-5.7pp
EBITDA margin expansion
8.9pp
Net margin expansion
6pp

HON Gross margin

Over the last 3 years, Honeywell International's gross margin averaged 37.68%. Right now, Honeywell International's current gross margin is 36.6%, which is 1.1 percentage points below its three-year average. During this period, gross margin reached a high of 38.6% in Jun 2025 and a low of 36.6% in Jun 2026.

HON Operating margin

Over the last 3 years, Honeywell International's operating margin averaged 19.77%. The current operating margin of 14.4% is 5.4 percentage points below its three-year average. During this period, operating margin reached a high of 21.4% in Jun 2024 and a low of 14.4% in Jun 2026.

HON EBITDA margin

Honeywell International recorded an average EBITDA margin of 26.36% across the last 3 years. Honeywell International currently reports an EBITDA margin of 35.7%, 9.3 percentage points above its three-year average. During this period, EBITDA margin reached a high of 35.7% in Jun 2026 and a low of 20.9% in Mar 2026.

HON Net margin

Across the last 3 years, Honeywell International's net margin stood at 16.41%. The current net margin stands at 22.7%, 6.3 percentage points above its three-year average. Net margin was highest at 22.7% in Jun 2026 and lowest at 11.5% in Mar 2026.

HON margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 36.6%, HON stands higher than the Industrials sector, the industry and its peers average. Looking at the Industrials sector average of 32.9%, Honeywell International's gross margin is 11% higher.

HON margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Honeywell International's gross margin?

The current gross margin for HON is 36.6% as of Jun 30, 2026.

What is Honeywell International's operating margin?

The current operating margin for HON is 14.4% as of Jun 30, 2026.

What is Honeywell International's EBITDA margin?

As of Jun 30, 2026, HON has an EBITDA margin of 35.7%.

What is Honeywell International's net margin?

The current net margin for HON is 22.7% as of Jun 30, 2026.

What are the average margins of HON?

Across the last 3 years, HON averaged 37.7% gross, 19.8% operating, 26.4% EBITDA, and 16.4% net.

What are the highest historical margins of HON?

Within the 5-year period, HON recorded its highest margins at 39.4% gross in Sep 2022, 23.9% operating in Sep 2022, 35.7% EBITDA in Jun 2026, and 22.7% net in Jun 2026.

What are the lowest historical margins of HON?

Honeywell International's lowest recorded margins during the past 5 years were 32.3% gross in Sep 2021, 14.4% operating in Jun 2026, 20.9% EBITDA in Mar 2026, and 11.5% net in Mar 2026.