Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The return on invested capital (ROIC) is 22.59% as of the fiscal period ended Wednesday, December 31, 2025.
Limited history available
HONA Return on Invested Capital (ROIC) has fewer than three reported periods, so a trend chart would be misleading.
RETURN ON INVESTED CAPITAL (ROIC)
22.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
9.56%
median of 151 covered companies
CURRENT VS SECTOR MEDIAN
+136.30%
vs the sector median at left
Honeywell Aerospace Inc
Market Cap
$51.46B
Return on Invested Capital (ROIC)
22.59%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$52.66B
Return on Invested Capital (ROIC)
7.63%
TTM Avg
8.59%
3Y Avg
7.85%
5Y Avg
2.05%
Market Cap
$53.45B
Return on Invested Capital (ROIC)
38.80%
TTM Avg
30.55%
3Y Avg
25.18%
5Y Avg
20.85%
Market Cap
$49.36B
Return on Invested Capital (ROIC)
7.64%
TTM Avg
7.77%
3Y Avg
6.65%
5Y Avg
5.74%
Market Cap
$48.94B
Return on Invested Capital (ROIC)
5.30%
TTM Avg
5.24%
3Y Avg
5.14%
5Y Avg
4.21%
Market Cap
$54.15B
Return on Invested Capital (ROIC)
11.38%
TTM Avg
11.11%
3Y Avg
10.87%
5Y Avg
10.37%
Market Cap
$48.46B
Return on Invested Capital (ROIC)
5.03%
TTM Avg
4.58%
3Y Avg
5.74%
5Y Avg
7.20%
Market Cap
$48.42B
Return on Invested Capital (ROIC)
1.09%
TTM Avg
0.27%
3Y Avg
2.42%
5Y Avg
-0.79%
Market Cap
$48.16B
Return on Invested Capital (ROIC)
11.26%
TTM Avg
10.50%
3Y Avg
9.87%
5Y Avg
10.08%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Honeywell Aerospace Inc (HONA) | $51.46B | 22.59% | N/A | N/A | N/A |
| Delta Air Lines, Inc. (DAL)vs › | $52.66B | 7.63% | 8.59% | 7.85% | 2.05% |
| Comfort Systems USA, Inc. (FIX)vs › | $53.45B | 38.80% | 30.55% | 25.18% | 20.85% |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.36B | 7.64% | 7.77% | 6.65% | 5.74% |
| L3Harris Technologies, Inc. (LHX)vs › | $48.94B | 5.30% | 5.24% | 5.14% | 4.21% |
| AMETEK, Inc. (AME)vs › | $54.15B | 11.38% | 11.11% | 10.87% | 10.37% |
| Carrier Global Corporation (CARR)vs › | $48.46B | 5.03% | 4.58% | 5.74% | 7.20% |
| Axon Enterprise, Inc. (AXON)vs › | $48.42B | 1.09% | 0.27% | 2.42% | -0.79% |
| HEICO Corporation (HEI-A)vs › | $48.16B | 11.26% | 10.50% | 9.87% | 10.08% |
| Rockwell Automation, Inc. (ROK)vs › | $47.94B | 19.92% | 13.19% | 14.28% | 13.82% |
ROIC
22.6%
ROE
21.2%
ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)
Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 22.59% |
