Stock Analysis on Net
Stock Analysis on Net

Honeywell International Inc. (NASDAQ:HON)

Common-Size Income Statement
Quarterly Data

Honeywell International Inc., common-size consolidated income statement (quarterly data)

Microsoft Excel
3 months ended: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Product sales 71.27 68.32 70.42 71.19 71.37 73.60 74.66 73.21 73.49 73.56 75.37 75.81 76.45 75.48 76.81 74.50 75.12 74.76 75.62 75.56
Service sales 28.73 31.68 29.58 28.81 28.63 26.40 25.34 26.79 26.51 26.44 24.63 24.19 23.55 24.52 23.19 25.50 24.88 25.24 24.38 24.44
Net sales 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Cost of products sold -49.64 -44.40 -45.19 -45.89 -46.60 -47.88 -48.35 -48.46 -53.09 -52.67 -53.75 -53.83 -53.78 -55.34 -55.68 -51.68 -52.91 -52.55 -52.45 -52.03
Cost of services sold -16.05 -17.15 -16.32 -16.13 -16.20 -14.61 -14.87 -15.10 -15.48 -15.14 -14.41 -13.70 -13.37 -13.70 -14.89 -13.71 -13.73 -13.90 -13.48 -14.15
Cost of products and services sold -65.69% -61.55% -61.51% -62.03% -62.80% -62.50% -63.22% -63.56% -68.57% -67.82% -68.15% -67.53% -67.15% -69.04% -70.56% -65.39% -66.64% -66.45% -65.93% -66.18%
Gross profit 34.31% 38.45% 38.49% 37.97% 37.20% 37.50% 36.78% 36.44% 31.43% 32.18% 31.85% 32.47% 32.85% 30.96% 29.44% 34.61% 33.36% 33.55% 34.07% 33.82%
Research and development expenses -3.81 -3.95 -4.10 -4.03 -3.86 -4.32 -4.31 -4.18 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Selling, general and administrative expenses -13.73 -13.59 -13.80 -14.86 -13.60 -13.72 -14.59 -17.08 -13.90 -13.60 -13.70 -14.62 -14.02 -14.15 -15.82 -14.63 -15.51 -14.26 -15.01 -15.34
Operating income 16.77% 20.91% 20.59% 19.09% 19.74% 19.46% 17.88% 15.17% 17.53% 18.59% 18.14% 17.85% 18.83% 16.81% 13.62% 19.98% 17.85% 19.28% 19.06% 18.48%
Other income (expense) 1.32 2.68 2.27 2.93 -5.23 3.76 2.12 3.81 4.10 2.54 4.16 5.23 1.45 -0.80 3.89 3.75 1.73 3.42 3.30 3.21
Interest and other financial charges -2.14 -2.24 -2.04 -1.92 -1.57 -1.09 -0.97 -1.01 -0.92 -1.06 -0.94 -1.06 -1.07 -1.30 -1.20 -0.86 -0.96 -1.06 -0.92 -0.96
Income before taxes 15.95% 21.35% 20.82% 20.10% 12.94% 22.13% 19.03% 17.97% 20.71% 20.06% 21.36% 22.01% 19.21% 14.72% 16.30% 22.86% 18.62% 21.65% 21.44% 20.73%
Tax expense -2.73 -4.91 -4.41 -4.22 -1.83 -4.83 -4.93 -4.43 -4.05 -5.04 -4.93 -4.89 -3.72 -4.71 -1.60 -3.89 -1.87 -3.51 -4.61 -4.57
Net income 13.22% 16.45% 16.41% 15.88% 11.11% 17.31% 14.11% 13.54% 16.66% 15.02% 16.43% 17.13% 15.49% 10.02% 14.70% 18.98% 16.74% 18.14% 16.83% 16.16%
Net (income) loss attributable to the noncontrolling interest 0.16 -0.01 -0.15 -0.16 -0.02 0.03 -0.02 0.00 -0.16 -0.19 -0.19 -0.25 -0.22 -0.29 -0.24 -0.30 -0.29 -0.26 -0.16 -0.23
Net income attributable to Honeywell 13.38% 16.44% 16.26% 15.73% 11.09% 17.34% 14.08% 13.54% 16.50% 14.84% 16.24% 16.88% 15.27% 9.72% 14.46% 18.68% 16.45% 17.87% 16.67% 15.94%

Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Honeywell International Inc. operating income as a percentage of net sales increased from Q2 2023 to Q3 2023 but then decreased significantly from Q3 2023 to Q4 2023.
Income before taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Honeywell International Inc. income before taxes as a percentage of net sales increased from Q2 2023 to Q3 2023 but then decreased significantly from Q3 2023 to Q4 2023.
Net income attributable to Honeywell The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Honeywell International Inc. net income attributable to Honeywell as a percentage of net sales increased from Q2 2023 to Q3 2023 but then decreased significantly from Q3 2023 to Q4 2023.