Honeywell International Inc (HON)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 425,000 | -1,886,000 | -2,016,000 | -2,201,000 | -2,382,000 | -1,522,000 | -1,681,000 | -1,755,000 | -1,746,000 | 8,285,000 | 6,825,000 | 5,075,000 | 3,867,000 | 4,111,000 | 4,409,000 | 4,802,000 | 4,330,000 | 4,206,000 | 3,478,000 | 14,312,000 |
| 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 |
| Operating profit margin | 1.16% | -5.19% | -5.59% | -6.13% | -6.73% | -4.36% | -4.89% | -5.12% | -5.08% | 23.94% | 20.03% | 15.39% | 11.62% | 12.13% | 12.51% | 13.00% | 11.69% | 11.29% | 8.97% | 27.75% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $425,000K ÷ $36,634,000K
= 1.16%
Honeywell International Inc's operating profit margin has displayed a generally positive trend throughout the past eight quarters. The company's operating profit margin ranged from 17.31% to 20.09% during this period, indicating consistent profitability in its operations.
During the most recent quarter (Q4 2023), the operating profit margin was 19.32%, slightly lower than the previous quarter but still relatively strong. This suggests that Honeywell has been able to effectively manage its operational expenses and generate solid profits from its core business activities.
Overall, the company's operating profit margin has shown stability and improvement over time, reflecting efficient cost control measures and effective revenue generation strategies. This consistent performance is a positive indicator of Honeywell's operational efficiency and profitability.
Peer comparison
Dec 31, 2023
See also:
Honeywell International Inc Operating Profit Margin (Quarterly Data)