Honeywell International (FRA:ALD) Tax Rate % : 22.42% (As of Sep. 2024)

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What is Honeywell International Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Honeywell International's Tax Expense for the three months ended in Sep. 2024 was €369 Mil. Honeywell International's Pre-Tax Income for the three months ended in Sep. 2024 was €1,643 Mil. Therefore, Honeywell International's Tax Rate % for the quarter that ended in Sep. 2024 was 22.42%.

Honeywell International Tax Rate % Historical Data

The historical data trend for Honeywell International's Tax Rate % 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.

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Honeywell International Tax Rate % Chart

Honeywell International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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17.58

19.08

22.46

22.14

20.77

Honeywell International Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															22.98	17.13	21.17	20.97	22.42

Honeywell International Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Honeywell International's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	1363.579	/	6564.803
	=	20.77 %

Honeywell International's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	368.509	/	1643.424
	=	22.42 %

Honeywell International Tax Rate % Related Terms

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Honeywell International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Honeywell International Inc (FRA:ALD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

HON:USA HON:Mexico 1HON:Italy ALDB:Germany ALD:Germany ALD:Germany ALD:Germany HON:Canada HONB34:Brazil HON:Argentina

Address

855 South Mint Street, Charlotte, NC, USA, 28202

Website

https://www.honeywell.com

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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