Honeywell International (MIL:1HON) Tax Rate % : 21.17% (As of Mar. 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 Mar. 2024 was €364 Mil. Honeywell International's Pre-Tax Income for the three months ended in Mar. 2024 was €1,721 Mil. Therefore, Honeywell International's Tax Rate % for the quarter that ended in Mar. 2024 was 21.17%.

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
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															20.99	21.17	22.98	17.13	21.17

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 Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	364.32	/	1721.32
	=	21.17 %

Honeywell International Tax Rate % Related Terms

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Honeywell International (MIL:1HON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Honeywell International Inc (MIL:1HON) » Definitions » Tax Rate %

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Traded in Other Exchanges

HON:USA HON:Mexico ALD:Germany HON:Chile HON:Canada HONB34:Brazil HON:Austria 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. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. In recent years, the firm has made several portfolio changes, including the addition of Intelligrated in 2016, as well as the spinoffs of Garrett Technologies and Resideo in 2018. In 2019, the firm launched Honeywell Forge, its enterprise performance management software solution that leverages the firm's domain expertise in buildings, airlines, and critical infrastructure.

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