Honeywell InternationalSTU:ALD +0.49%71 Pretax Margin % is 9.69% as of Mar. 2026, which is 46% below its 10-year median of 17.99. GuruFocus rates STU:ALD with a GF Score™ of 71/100 and a GF Value™ of €194.03 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 548 Conglomerates companies, Honeywell International ranks better than 69.89% on this metric.
The historical rank and industry rank for Honeywell International's Pretax Margin % or its related term are showing as below:
STU:ALD'
s Pretax Margin % Range Over the Past 10 Years
Min: 12.18 Med: 17.99 Max: 21.04
Current: 12.18
STU:ALD's Pretax Margin % is ranked better than 69.89% of 548
companies
in the Conglomerates industry
Industry Median: 6.57
vs STU:ALD: 12.18
Honeywell International (STU:ALD) 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
Honeywell International Pretax Margin % Historical Data
* 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.
STU:ALD vs MMM, VMI, SEB: Pretax Margin % Comparison
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 Pretax Margin % vs 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.
* 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 (STU:ALD) has a Pretax Margin % of 9.69% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Honeywell International and its competitors. This is 46% below median its historical median of 17.99. Over the past decade, Honeywell International's Pretax Margin % has ranged from 12.18 to 21.04. According to the industry distribution chart, Honeywell International ranks #165 out of 548 companies in the Conglomerates industry, placing it in the top 30.1%.
Is Honeywell International's Pretax Margin % too high?
Honeywell International's current Pretax Margin % of 9.69% is 46% below median its 10-year median of 17.99. Over the past 10 years, this metric has ranged from a low of 12.18 to a high of 21.04. The Conglomerates industry median Pretax Margin % is 6.57. Honeywell International's value of 9.69% is 47.5% above this industry median. Based on the distribution chart, Honeywell International ranks #165 out of 548 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Honeywell International has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell International's Pretax Margin % compare to MMM and VMI?
According to the Conglomerates industry distribution chart, Honeywell International ranks #165 out of 548 companies for Pretax Margin %. This puts Honeywell International in the upper half of its industry. The industry median Pretax Margin % is 6.57. Honeywell International's value of 9.69% is 47.5% above this benchmark. Historically, Honeywell International's own Pretax Margin % has ranged from 12.18 to 21.04 over the past decade. While the company's 10-year median is 17.99 vs. the industry median of 6.57, Honeywell International 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 a Conglomerates company?
The median Pretax Margin % among Conglomerates companies is 6.57, based on 548 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 International's current Pretax Margin % of 9.69% is 47.5% 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 International and its competitors. For the Conglomerates industry, the median Pretax Margin % is 6.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell International's current Pretax Margin % is 9.69%, which is 46% below median its own 10-year median of 17.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell International stock overvalued right now?
Based on GuruFocus' analysis, Honeywell International (STU:ALD) is currently considered Significantly Overvalued. The stock's GF Value™ is €194.03, compared to a current price of €408.70 — trading 110.6% above its estimated fair value. The current Pretax Margin % is 9.69%, which is 46% below median its 10-year median of 17.99 and 47.5% above the Conglomerates industry median of 6.57. Honeywell International's overall GF Score™ is 71/100 with 7 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 International (STU:ALD), the current Pretax Margin % is 9.69% 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.
Is Honeywell International (STU:ALD) Overvalued in 2026?
Based on GuruFocus' analysis, Honeywell International stock appears to be overvalued.
The current stock price of €408.70 is trading 110.6% above its estimated GF Value™ of €194.03.
GuruFocus considers Honeywell International to be Significantly Overvalued.
Key valuation signals for STU:ALD:
Pretax Margin %: 9.69% (46% below median its 10-year median of 17.99)
GF Value™: €194.03 vs. price of €408.70 (110.6% above fair value)
Industry Position: 47.5% above the Conglomerates median (#165 of 548)
No single metric tells the full story. See the STU:ALD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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, industrial automation, energy and sustainability solutions, and building automation. 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 one third of its revenue from recurring aftermarket services.
71GF Score
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