Honeywell AerospaceHONA +2.94%15 Pretax Margin % is 14.84% as of Mar. 2026, which is 32% below its 10-year median of 21.81. GuruFocus rates HONA with a GF Score™ of 15/100. The stock has 4 warning signs investors should review. Among 348 Aerospace & Defense companies, Honeywell Aerospace ranks better than 77.3% on this metric.
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 Aerospace Pretax Margin % Related Terms
Honeywell Aerospace Pretax Margin % Historical Data
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The historical data trend for Honeywell Aerospace'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.
Honeywell Aerospace Pretax Margin % Chart
Honeywell Aerospace Annual Data
Trend
Dec23
Dec24
Dec25
Pretax Margin %
25.17
21.81
13.54
Honeywell Aerospace Quarterly Data
Dec24
Mar25
Dec25
Mar26
Pretax Margin %
0.00
22.90
0.00
14.84
HONA vs NOC, TDG, LHX: Pretax Margin % Comparison
For the Aerospace & Defense subindustry, Honeywell Aerospace'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 Aerospace Pretax Margin % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Honeywell Aerospace's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Honeywell Aerospace's Pretax Margin % falls into.
* 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 Aerospace (HONA) has a Pretax Margin % of 14.84% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Honeywell Aerospace and its competitors. This is 32% below median its historical median of 21.81. Over the past decade, Honeywell Aerospace's Pretax Margin % has ranged from 13.54 to 25.17. According to the industry distribution chart, Honeywell Aerospace ranks #79 out of 348 companies in the Aerospace & Defense industry, placing it in the top 22.7%.
Is Honeywell Aerospace's Pretax Margin % too high?
Honeywell Aerospace's current Pretax Margin % of 14.84% is 32% below median its 10-year median of 21.81. Over the past 10 years, this metric has ranged from a low of 13.54 to a high of 25.17. The Aerospace & Defense industry median Pretax Margin % is 6.14. Honeywell Aerospace's value of 14.84% is 141.7% above this industry median. Based on the distribution chart, Honeywell Aerospace ranks #79 out of 348 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Honeywell Aerospace has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Honeywell Aerospace's Pretax Margin % compare to NOC and TDG?
According to the Aerospace & Defense industry distribution chart, Honeywell Aerospace ranks #79 out of 348 companies for Pretax Margin %. This places Honeywell Aerospace in the top 23% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 6.14. Honeywell Aerospace's value of 14.84% is 141.7% above this benchmark. Historically, Honeywell Aerospace's own Pretax Margin % has ranged from 13.54 to 25.17 over the past decade. While the company's 10-year median is 21.81 vs. the industry median of 6.14, Honeywell Aerospace has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Aerospace & Defense company?
The median Pretax Margin % among Aerospace & Defense companies is 6.14, based on 348 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Honeywell Aerospace's current Pretax Margin % of 14.84% is 141.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Honeywell Aerospace and its competitors. For the Aerospace & Defense industry, the median Pretax Margin % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Aerospace's current Pretax Margin % is 14.84%, which is 32% below median its own 10-year median of 21.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Aerospace stock overvalued right now?
Honeywell Aerospace (HONA) has a current Pretax Margin % of 14.84%. The current Pretax Margin % is 14.84%, which is 32% below median its 10-year median of 21.81 and 141.7% above the Aerospace & Defense industry median of 6.14. Honeywell Aerospace's overall GF Score™ is 15/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Honeywell Aerospace (HONA), the current Pretax Margin % is 14.84% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Honeywell Aerospace Inc operates as an aerospace and defense supplier of systems and technologies that enable the production, maintenance, and safe operation of aerospace and defense platforms. Its products support original equipment manufacturer (OEM), government, defense prime contractor, and aircraft operator customers across the Commercial Air Transport, Business Aviation, and Defense and Space end markets. The company has three operating segments: Electronic Solutions (ES), Engines & Power Systems (E&PS), and Control Systems (CS ). The majority of revenue is derived from the Electronic Solutions segment, which offers Avionics, Navigation and Sensors, Electromagnetic Defensive Solutions, and Space systems. Geographically, the maximum revenue is generated from the United States.
15GF Score
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