Honeywell Gross Margin 2010-2025 | HON
- Honeywell average gross margin for 2024 was 37.68%, a 0.16% increase from 2023.
- Honeywell average gross margin for 2023 was 37.62%, a 0.53% increase from 2022.
- Honeywell average gross margin for 2022 was 37.82%, a 14.81% decline from 2021.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.