Company / Income Tax
Honeywell Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$1.0B
FY2025
5-year range
$1.0B / $1.6B
FY2021-FY2025
Trend
-19.3%
vs FY2024
Sector context
#9 of 357
Industrials
What the data says
Among 357 Industrials companies, Honeywell is in the bottom 3% for income tax. Income Tax has declined for 4 consecutive years, from $1.6B in FY2021 to $1.0B in FY2025.
Based on SEC 10-K filings.
$1.0B in FY2025 with a 5-year CAGR of -2.6%. Top quartile in the Industrials sector.
Improved from $1.3B to $1.0B over the past 2 years.
Industrials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -10.6%
- 5-Year CAGR
- -2.6%
- 10-Year CAGR
- -
Sector benchmark
Bottom 3% in IndustrialsTop 97% of 357This company $1.0B Sector average $123.9M
▼
+713.4% above sector average
Key checks
Key Insights
- Honeywell's income tax has declined for 4 consecutive years.
- 5-year CAGR of -2.6%, indicating a declining trend.
- In FY2025, income tax decreased 19.3% year-over-year.
- Ranks #9 out of 357 companies in the Industrials sector.
Company context
Key Data Points
- Altman Z-Score 1.21 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 36.5%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.0B | -19.3% |
| FY2024 | $1.2B | -1.0% |
| FY2023 | $1.3B | -10.6% |
| FY2022 | $1.4B | -13.1% |
| FY2021 | $1.6B | +41.7% |
| FY2020 | $1.1B | -13.7% |
| FY2019 | $1.3B | +101.7% |
| FY2018 | $659.0M | -87.7% |
| FY2017 | $5.4B | +234.5% |
| FY2016 | $1.6B | -7.8% |
As of FY2025 · SEC 10-K · Updated Mar 12, 2026