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Honeywell International (BSP:HONB34) Pretax Margin % : 18.75% (As of Sep. 2024)


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What is Honeywell International Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Honeywell International's Pre-Tax Income for the three months ended in Sep. 2024 was R$10,101 Mil. Honeywell International's Revenue for the three months ended in Sep. 2024 was R$53,872 Mil. Therefore, Honeywell International's pretax margin for the quarter that ended in Sep. 2024 was 18.75%.

The historical rank and industry rank for Honeywell International's Pretax Margin % or its related term are showing as below:

BSP:HONB34' s Pretax Margin % Range Over the Past 10 Years
Min: 14.43   Med: 17.95   Max: 21.04
Current: 18.96


BSP:HONB34's Pretax Margin % is ranked better than
81.77% of 532 companies
in the Conglomerates industry
Industry Median: 5.395 vs BSP:HONB34: 18.96

Honeywell International Pretax Margin % Historical Data

The historical data trend for Honeywell International's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Honeywell International Pretax Margin % Chart

Honeywell International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.59 18.42 21.04 17.99 19.53

Honeywell International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.35 15.95 20.55 20.61 18.75

Competitive Comparison of Honeywell International's Pretax Margin %

For the Conglomerates subindustry, Honeywell International's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Honeywell International's Pretax Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Honeywell International's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Honeywell International's Pretax Margin % falls into.



Honeywell International Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Honeywell International's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=35077.668/179636.468
=19.53 %

Honeywell International's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=10100.947/53871.718
=18.75 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Honeywell International  (BSP:HONB34) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Honeywell International Pretax Margin % Related Terms

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Honeywell International Business Description

Address
855 South Mint Street, Charlotte, NC, USA, 28202
Honeywell traces its roots to 1885 with Albert Butz's firm, Butz Thermo-Electric Regulator, which produced a predecessor to the modern thermostat. Other inventions by Honeywell include biodegradable detergent and autopilot. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace technologies (37% of 2023 company revenue), industrial automation (29%), energy and sustainability solutions (17%), and building automation (17%). Recently, Honeywell has made several portfolio changes to focus on fewer end markets and align with a set of secular growth trends. The firm is working diligently to expand its installed base, deriving around 30% of its revenue from recurring aftermarket services.

Honeywell International Headlines

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