Honeywell International Inc. (HON) Tax Rate: 18.41%
Is Honeywell International Inc.’s tax rate high or low?
Honeywell International Inc.'s tax rate of 18.41% is in line with its 5-year average of 20.41%, near the low end of its 5-year range (18.41%–22.46%).
The tax rate for Honeywell International Inc. (HON) is 18.41%. It is below its 12-month average by 4.14% (19.20%).
HON Tax Rate Chart
HON Average Tax Rate Chart
HON Current vs Average Tax Rate Chart
HON Tax Rate Metrics
TAX RATE
18.41%
TAX RATE AVG TTM
19.20%
TAX RATE AVG 3Y
20.23%
TAX RATE AVG 5Y
20.41%
TAX RATE AVG 10Y
25.20%
TAX RATE AVG 15Y
25.02%
TAX RATE AVG 20Y
25.40%
CURRENT VS TTM AVG
-4.14%
CURRENT VS 3Y AVG
-9.01%
CURRENT VS 5Y AVG
-9.81%
CURRENT VS 10Y AVG
-26.96%
CURRENT VS 15Y AVG
-26.43%
CURRENT VS 20Y AVG
-27.53%
Honeywell International Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Honeywell International Inc. Tax Rate FAQ
- What is the tax rate for Honeywell International Inc. (HON)?
- The tax rate for HON stock is 18.41%.
- Is Honeywell International Inc.'s tax rate high or low?
- Honeywell International Inc.'s tax rate of 18.41% is in line with its 5-year average of 20.41%, near the low end of its 5-year range (18.41%–22.46%).
- What is the TTM average tax rate for Honeywell International Inc. (HON)?
- The TTM average tax rate for HON stock is 19.20%.
- What is the 3Y average tax rate for Honeywell International Inc. (HON)?
- The 3Y average tax rate for HON stock is 20.23%.
- What is the 5Y average tax rate for Honeywell International Inc. (HON)?
- The 5Y average tax rate for HON stock is 20.41%.
- What is the 10Y average tax rate for Honeywell International Inc. (HON)?
- The 10Y average tax rate for HON stock is 25.20%.
- What is the 15Y average tax rate for Honeywell International Inc. (HON)?
- The 15Y average tax rate for HON stock is 25.02%.
- What is the 20Y average tax rate for Honeywell International Inc. (HON)?
- The 20Y average tax rate for HON stock is 25.40%.
Honeywell International Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 18.41% |
| 2024-12-31 | 20.00% |
| 2023-12-31 | 20.38% |
| 2022-12-31 | 22.14% |
| 2021-12-31 | 22.46% |
| 2020-12-31 | 19.08% |
| 2019-12-31 | 17.58% |
| 2018-12-31 | 8.80% |
| 2017-12-31 | 77.15% |
| 2016-12-31 | 24.85% |
| 2015-12-31 | 26.40% |
| 2014-12-31 | 25.59% |
| 2013-12-31 | 26.79% |
| 2012-12-31 | 24.36% |
| 2011-12-31 | 18.27% |
| 2010-12-31 | 28.10% |
| 2009-12-31 | 22.69% |
| 2008-12-31 | 26.41% |
| 2007-12-31 | 26.41% |
| 2006-12-31 | 25.73% |
| 2005-12-31 | 31.88% |
| 2004-12-31 | 23.23% |
| 2003-12-31 | 18.05% |
| 2002-12-31 | 76.72% |
| 2001-12-31 | 76.54% |
| 2000-12-31 | 30.82% |
| 1999-12-31 | 31.45% |
| 1998-12-31 | 31.35% |
| 1997-12-31 | 32.16% |
| 1996-12-31 | 34.32% |
Related Metrics
About Honeywell International Inc.
Honeywell International Inc. functions as a global leader in diversified technology and manufacturing. Its Aerospace division furnishes a comprehensive array of products and services for the aviation and space industries. This includes crucial components like auxiliary power units, propulsion systems, integrated avionics, environmental control mechanisms, and electrical power solutions. The segment also supplies engine controls, flight safety systems, communication and navigation hardware, and advanced data and software applications. Additionally, it provides radar, surveillance systems, aircraft lighting, sophisticated instruments, satellite and space components, and aircraft wheels and brakes. Essential support services cover spare parts, repairs, overhauls, maintenance, thermal systems, and wireless connectivity management. The Honeywell Building Technologies unit focuses on creating smarter, safer, and more efficient structures. It develops software for optimizing and controlling building functions, alongside sensors, switches, control systems, and instrumentation for energy management. Offerings extend to access control systems, video surveillance, fire detection products, and the installation, upkeep, and upgrading of these systems. Within its Performance Materials and Technologies division, the company delivers solutions for automation control, instrumentation, and associated software and services. It also provides catalysts, adsorbents, specialized equipment, and consulting expertise. This segment supplies materials essential for manufacturing diverse end products, such as bullet-resistant armor, nylon, computer chips, and pharmaceutical packaging. Furthermore, it produces environmentally friendly materials with reduced and low global-warming potential, utilizing hydrofluoro-olefin technology. The Safety and Productivity Solutions group equips workers and industries with a wide range of products. These comprise personal protective equipment, apparel, gear, and footwear, alongside advanced gas detection technology. It offers cloud-based notification and emergency messaging systems, mobile devices and software, and solutions for supply chain and warehouse automation, including both equipment and software. Custom-engineered sensors, switches, and controls, as well as data and asset management productivity software solutions, also fall under this division. Established in 1906, Honeywell is headquartered in Charlotte, North Carolina.
- Sector
- Industrials
- Industry
- Conglomerates
- CEO
- Vimal Kapur