HONEYWELL INTERNATIONAL INC (HON) closed fiscal year 2025 with a gross margin of 36.9 % and a net margin of 12.6 %.
HONEYWELL INTERNATIONAL INC (HON) closed fiscal year 2025 with a gross margin of 36.9 % and a net margin of 12.6 %. The same year shows an EBITDA margin of 25.4 % and an EBIT margin of 21.7 %. The free cash flow margin was 15.4 %. Against the previous year the gross margin moved −1.5 pp and the net margin −3.8 pp. Across the period the gross margin ranges between 14.9 % in 2008 and 38.5 % in 2024. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 23.96 % | 14.88 % | 23.02 % | 23.58 % | 21.83 % | 24.89 % | 27.37 % | 28.16 % | 30.67 % | 30.92 % | 30.57 % | 30.52 % | 33.70 % | 32.07 % | 35.85 % | 36.99 % | 37.48 % | 38.47 % | 36.93 % |
| EBITDA margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 26.01 % | 25.95 % | 25.41 % | 25.41 % |
| EBIT margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 22.62 % | 22.91 % | 22.08 % | 21.71 % |
| Net margin (%) | 7.07 % | 2.20 % | 5.17 % | 6.25 % | 5.66 % | 7.77 % | 10.05 % | 10.52 % | 12.36 % | 12.24 % | 3.81 % | 16.18 % | 16.73 % | 14.64 % | 16.11 % | 14.00 % | 17.14 % | 16.43 % | 12.63 % |
| FCF margin (%) | 9.09 % | 7.95 % | 11.15 % | 11.00 % | 5.59 % | 6.99 % | 8.67 % | 9.89 % | 11.52 % | 11.20 % | 12.17 % | 13.41 % | 16.50 % | 16.25 % | 14.95 % | 12.71 % | 13.93 % | 15.05 % | 15.37 % |
