Honeywell International Inc (HON)

Net profit margin

Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Net income (ttm) US$ in thousands 5,658,000 5,414,000 5,452,000 5,226,000 4,966,000 5,375,000 5,080,000 5,249,000 5,542,000 5,473,000 4,974,000 4,625,000 4,779,000 4,982,000 5,848,000 6,308,000 6,143,000 6,302,000 7,016,000 6,742,000
Revenue (ttm) US$ in thousands 36,634,000 36,351,000 36,078,000 35,881,000 35,397,000 34,878,000 34,408,000 34,272,000 34,343,000 34,613,000 34,078,000 32,980,000 33,290,000 33,886,000 35,255,000 36,940,000 37,029,000 37,262,000 38,766,000 51,577,000
Net profit margin 15.44% 14.89% 15.11% 14.56% 14.03% 15.41% 14.76% 15.32% 16.14% 15.81% 14.60% 14.02% 14.36% 14.70% 16.59% 17.08% 16.59% 16.91% 18.10% 13.07%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $5,658,000K ÷ $36,634,000K
= 15.44%

The net profit margin of Honeywell International Inc has been relatively stable over the past eight quarters, ranging from 14.00% to 15.43%. The company's ability to convert revenue into profit has shown consistency, with the highest net profit margin recorded in Q4 2023 at 15.43% and the lowest in Q4 2022 at 14.00%. Despite minor fluctuations, the net profit margin has generally remained above 14%, indicating efficient cost management and a healthy bottom line. Honeywell International Inc's profitability performance appears to be robust based on the consistent levels of net profit margin observed in the given period.


Peer comparison

Dec 31, 2023

Company name
Symbol
Net profit margin
Honeywell International Inc
HON
15.44%
Raytheon Technologies Corp
RTX
4.64%

See also:

Honeywell International Inc Net Profit Margin (Quarterly Data)