Honeywell International Inc (HON)

Operating profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Operating income (ttm)	US$ in thousands	7,925,000	8,176,000	7,955,000	7,434,000	7,455,000	6,698,000	6,844,000	6,958,000	6,594,000	7,120,000	6,623,000	6,620,000	6,541,000	6,358,000	6,094,000	5,514,000	5,696,000	5,715,000	6,156,000	6,900,000
Revenue (ttm)	US$ in thousands	38,495,000	37,840,000	37,324,000	36,895,000	36,655,000	36,408,000	36,147,000	35,954,000	35,466,000	34,937,000	34,459,000	34,314,000	34,392,000	34,635,000	33,959,000	32,628,000	32,637,000	33,233,000	34,522,000	36,288,000
Operating profit margin		20.59%	21.61%	21.31%	20.15%	20.34%	18.40%	18.93%	19.35%	18.59%	20.38%	19.22%	19.29%	19.02%	18.36%	17.95%	16.90%	17.45%	17.20%	17.83%	19.01%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $7,925,000K ÷ $38,495,000K
= 20.59%

Honeywell International Inc's operating profit margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The operating profit margin started at 19.01% in March 2020, slightly decreased to 17.83% in June 2020, and further declined to 16.90% by March 31, 2021. However, there was a gradual improvement, with the margin reaching 20.38% by September 30, 2022.

Following this peak, the operating profit margin experienced some variability, ranging from 18.40% to 21.61% up to September 30, 2024. A notable increase was observed in the operating profit margin from December 31, 2023, to June 30, 2024, where it climbed from 20.34% to 21.31%. Despite this increase, the margin slightly decreased to 20.59% by December 31, 2024.

Overall, Honeywell International Inc's operating profit margin has exhibited a mix of upward and downward trends over the analyzed period, reflecting the company's ability to manage operating expenses and generate profits from its operations.