Honeywell International Inc (HON)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 7,213,000 | 7,159,000 | 6,379,000 | 7,235,000 | 6,012,000 |
| Revenue | US$ in thousands | 38,498,000 | 36,662,000 | 35,466,000 | 34,392,000 | 32,637,000 |
| Pretax margin | 18.74% | 19.53% | 17.99% | 21.04% | 18.42% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $7,213,000K ÷ $38,498,000K
= 18.74%
Based on the data provided, Honeywell International Inc's pretax margin has exhibited some fluctuations over the years. In December 2020, the pretax margin stood at 18.42%, showing a reasonable level of profitability before accounting for taxes. This margin improved to 21.04% by December 2021, indicating an increase in efficiency in generating profits relative to revenues.
However, in December 2022, the pretax margin dipped to 17.99%, suggesting a slight decrease in profitability compared to the previous year. The following year, in December 2023, there was a modest recovery as the pretax margin rose to 19.53%, showing signs of stabilization and potential for growth.
By December 2024, the pretax margin settled at 18.74%, indicating a relatively steady performance in maintaining profitability levels. Overall, the pretax margin of Honeywell International Inc has demonstrated variability over the years, with some fluctuations but generally maintaining a healthy level of profitability.
Peer comparison
Dec 31, 2024