Honeywell Operating Margin 2010-2024 | HON
- Honeywell average operating margin for 2023 was 19.55%, a 11.14% increase from 2022.
- Honeywell average operating margin for 2022 was 17.59%, a 1.24% increase from 2021.
- Honeywell average operating margin for 2021 was 17.81%, a 0.34% decline from 2020.
Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.