Honeywell International Inc (HON)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 7,213,000 | 7,084,000 | 6,793,000 | 7,578,000 | 6,371,000 |
| Revenue | US$ in thousands | 38,498,000 | 36,662,000 | 35,466,000 | 34,392,000 | 32,637,000 |
| Operating profit margin | 18.74% | 19.32% | 19.15% | 22.03% | 19.52% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $7,213,000K ÷ $38,498,000K
= 18.74%
Honeywell International Inc's operating profit margin has shown some fluctuations over the past five years, ranging from 18.74% to 22.03%. The company experienced an upward trend from 2020 to 2021, reaching a peak of 22.03% in December 2021. However, there was a slight decline in the following years, with the margin decreasing to 19.15% in 2022 and 19.32% in 2023. By the end of 2024, the operating profit margin stood at 18.74%, showing a slight decrease compared to the previous year. Overall, Honeywell's operating profit margin remains relatively healthy, indicating the company's ability to generate profits from its core business operations, despite some variations in performance.
Peer comparison
Dec 31, 2024