Honeywell International Inc
NASDAQ:HON
ROIC
Return on Invested Capital
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
ROIC Across Competitors
| Country | Company | Market Cap | ROIC | ||
|---|---|---|---|---|---|
| US |
|
Honeywell International Inc
NASDAQ:HON
|
136.9B USD |
12%
|
|
| US |
|
General Electric Co
NYSE:GE
|
229.2B USD |
5%
|
|
| DE |
|
Siemens AG
XETRA:SIE
|
168.6B EUR |
8%
|
|
| JP |
|
Hitachi Ltd
TSE:6501
|
17.8T JPY |
7%
|
|
| ZA |
B
|
Bidvest Group Ltd
JSE:BVT
|
79.8B Zac |
10%
|
|
| US |
|
3M Co
NYSE:MMM
|
76.7B USD |
12%
|
|
| US |
R
|
Roper Technologies Inc
F:ROP
|
54B EUR |
5%
|
|
| CN |
|
CITIC Ltd
HKEX:267
|
279.8B HKD |
0%
|
|
| HK |
|
CK Hutchison Holdings Ltd
HKEX:1
|
170.6B HKD |
2%
|
|
| PH |
|
SM Investments Corp
XPHS:SM
|
1.1T PHP |
9%
|
|
| SE |
|
Lifco AB (publ)
STO:LIFCO B
|
176.5B SEK |
12%
|
Honeywell International Inc
Glance View
In the sprawling narrative of industrial giants, Honeywell International Inc. emerges as a multifaceted conglomerate with a rich tapestry of engineering innovation and diversified business streams. This American enterprise traces its roots back to the late 1800s, evolving from a modest heating specialty company into a global powerhouse with a presence in various sectors. Honeywell operates at the intersection of technology and industry, developing solutions that touch nearly every aspect of modern life. From aerospace systems that propel aircraft across the globe to building technologies that enhance energy efficiency and safety, Honeywell's business model is anchored in its ability to leverage advanced technology to meet changing market demands. The company's revenue streams flow through four core business segments: Aerospace, Honeywell Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. In Aerospace, Honeywell provides engines, avionics, and other critical components, capitalizing on both commercial and defense markets. The Building Technologies division offers products and services that optimize building operations and energy usage. Meanwhile, the Performance Materials and Technologies segment transforms raw materials into high-performance products, serving industries from petrochemicals to electronics. Lastly, Safety and Productivity Solutions deliver innovations in sensing, safety, and supply chain automation. Honeywell's constant focus on research and development ensures it remains at the forefront of technological advancement, which is vital for sustaining its multifaceted revenue streams in a competitive global environment.
See Also
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
Based on Honeywell International Inc's most recent financial statements, the company has ROIC of 12.4%.
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