Honeywell International (HON) ROIC: History & Chart

Name: Honeywell International Inc. (HON) Return on Invested Capital (ROIC) — historical time series
Creator: TGMCharts

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Honeywell International Inc.(HON)

Conglomerates · Charlotte, NC

$201.38-0.98 (-0.48%)

Delayed quote: Sep 14, 2026, 4:00 PM EDT

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About Honeywell International Inc.

Honeywell International Inc. functions as a global leader in diversified technology and manufacturing. Its Aerospace division furnishes a comprehensive array of products and services for the aviation and space industries. This includes crucial components like auxiliary power units, propulsion systems, integrated avionics, environmental control mechanisms, and electrical power solutions. The segment also supplies engine controls, flight safety systems, communication and navigation hardware, and advanced data and software applications. Additionally, it provides radar, surveillance systems, aircraft lighting, sophisticated instruments, satellite and space components, and aircraft wheels and brakes. Essential support services cover spare parts, repairs, overhauls, maintenance, thermal systems, and wireless connectivity management. The Honeywell Building Technologies unit focuses on creating smarter, safer, and more efficient structures. It develops software for optimizing and controlling building functions, alongside sensors, switches, control systems, and instrumentation for energy management. Offerings extend to access control systems, video surveillance, fire detection products, and the installation, upkeep, and upgrading of these systems. Within its Performance Materials and Technologies division, the company delivers solutions for automation control, instrumentation, and associated software and services. It also provides catalysts, adsorbents, specialized equipment, and consulting expertise. This segment supplies materials essential for manufacturing diverse end products, such as bullet-resistant armor, nylon, computer chips, and pharmaceutical packaging. Furthermore, it produces environmentally friendly materials with reduced and low global-warming potential, utilizing hydrofluoro-olefin technology. The Safety and Productivity Solutions group equips workers and industries with a wide range of products. These comprise personal protective equipment, apparel, gear, and footwear, alongside advanced gas detection technology. It offers cloud-based notification and emergency messaging systems, mobile devices and software, and solutions for supply chain and warehouse automation, including both equipment and software. Custom-engineered sensors, switches, and controls, as well as data and asset management productivity software solutions, also fall under this division. Established in 1906, Honeywell is headquartered in Charlotte, North Carolina.

Charlotte, NC

101,000 employees

www.honeywell.com

Industrials / Conglomerates

Sector: Industrials
Industry: Conglomerates
CEO: Vimal Kapur

View full financials

HON Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

6.63%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

8.73%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

10.40%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

10.20%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

10.45%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

10.69%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

10.50%

CURRENT VS TTM AVG

-24.00%

CURRENT VS 3Y AVG

-36.19%

CURRENT VS 5Y AVG

-34.96%

CURRENT VS 10Y AVG

-36.52%

CURRENT VS 15Y AVG

-37.94%

CURRENT VS 20Y AVG

-36.83%

SECTOR MEDIAN · INDUSTRIALS

9.55%

median of 154 covered companies

CURRENT VS SECTOR MEDIAN

-30.56%

vs the sector median at left

NAME	MARKET CAP	RETURN ON INVESTED CAPITAL (ROIC)	TTM	3Y	5Y
Honeywell International Inc. (HON)	$63.83B	6.63%	8.73%	10.40%	10.20%
PACCAR Inc (PCAR)vs ›	$64.67B	5.87%	8.32%	10.45%	8.19%
TransDigm Group Incorporated (TDG)vs ›	$62.15B	16.02%	14.51%	12.68%	11.40%
United Rentals, Inc. (URI)vs ›	$61.86B	11.11%	11.32%	11.51%	10.67%
W.W. Grainger, Inc. (GWW)vs ›	$60.32B	27.07%	28.31%	29.26%	26.11%
Republic Services, Inc. (RSG)vs ›	$69.49B	9.07%	9.07%	8.40%	8.01%
Fastenal Company (FAST)vs ›	$56.73B	30.16%	28.53%	28.70%	27.61%
Norfolk Southern Corporation (NSC)vs ›	$71.89B	7.33%	7.38%	7.64%	7.88%
Comfort Systems USA, Inc. (FIX)vs ›	$55.71B	38.80%	30.55%	25.18%	20.85%
Canadian National Railway Company (CNI)vs ›	$73.85B	8.89%	8.82%	9.98%	9.70%

NAME

MARKET CAP

RETURN ON INVESTED CAPITAL (ROIC)

TTM

Honeywell International Inc. (HON)

$63.83B

6.63%

8.73%

10.40%

10.20%

PACCAR Inc (PCAR)vs ›

$64.67B

5.87%

8.32%

10.45%

8.19%

TransDigm Group Incorporated (TDG)vs ›

$62.15B

16.02%

14.51%

12.68%

11.40%

United Rentals, Inc. (URI)vs ›

$61.86B

11.11%

11.32%

11.51%

10.67%

W.W. Grainger, Inc. (GWW)vs ›

$60.32B

27.07%

28.31%

29.26%

26.11%

Republic Services, Inc. (RSG)vs ›

$69.49B

9.07%

8.40%

8.01%

Fastenal Company (FAST)vs ›

$56.73B

30.16%

28.53%

28.70%

27.61%

Norfolk Southern Corporation (NSC)vs ›

$71.89B

7.33%

7.38%

7.64%

7.88%

Comfort Systems USA, Inc. (FIX)vs ›

$55.71B

38.80%

30.55%

25.18%

20.85%

Canadian National Railway Company (CNI)vs ›

$73.85B

8.89%

8.82%

9.98%

9.70%

Return on Invested Capital (ROIC) Formula & Definition

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.

Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for Honeywell International Inc. (HON)?

The return on invested capital (ROIC) for HON stock is 6.63%.

Is Honeywell International Inc.'s return on invested capital (ROIC) high or low?

The return on invested capital (ROIC) of 6.63% is 35% below its 5-year average of 10.20%, near the low end of its 5-year range (6.63%–12.21%).

What is the TTM average return on invested capital (ROIC) for Honeywell International Inc. (HON)?

The TTM average return on invested capital (ROIC) for HON stock is 8.73%.

What is the 3Y average return on invested capital (ROIC) for Honeywell International Inc. (HON)?

The 3Y average return on invested capital (ROIC) for HON stock is 10.40%.

What is the 5Y average return on invested capital (ROIC) for Honeywell International Inc. (HON)?

The 5Y average return on invested capital (ROIC) for HON stock is 10.20%.

What is the 10Y average return on invested capital (ROIC) for Honeywell International Inc. (HON)?

The 10Y average return on invested capital (ROIC) for HON stock is 10.45%.

What is the 15Y average return on invested capital (ROIC) for Honeywell International Inc. (HON)?

The 15Y average return on invested capital (ROIC) for HON stock is 10.69%.

What is the 20Y average return on invested capital (ROIC) for Honeywell International Inc. (HON)?

The 20Y average return on invested capital (ROIC) for HON stock is 10.50%.

DATE	RETURN ON INVESTED CAPITAL (ROIC)
2026-06-30	6.63%
2026-03-31	7.77%
2025-12-31	9.47%
2025-09-30	9.70%
2025-06-30	10.08%
2025-03-31	10.22%
2024-12-31	10.23%
2024-09-30	9.96%
2024-06-30	10.52%
2024-03-31	10.99%
2023-12-31	11.98%
2023-09-30	12.21%
2023-06-30	11.64%
2023-03-31	11.60%
2022-12-31	10.70%
2022-09-30	10.08%
2022-06-30	9.30%
2022-03-31	9.17%
2021-12-31	9.56%
2021-09-30	9.69%
2021-06-30	9.15%
2021-03-31	8.60%
2020-12-31	8.96%
2020-09-30	9.41%
2020-06-30	10.46%
2020-03-31	12.94%
2019-12-31	12.42%
2019-09-30	11.89%
2019-06-30	13.92%
2019-03-31	13.08%
2018-12-31	13.50%
2018-09-30	7.87%
2018-06-30	8.01%
2018-03-31	7.58%
2017-12-31	7.66%
2017-09-30	10.99%
2017-06-30	11.22%
2017-03-31	11.71%
2016-12-31	12.13%
2016-09-30	12.27%
2016-06-30	13.21%
2016-03-31	13.12%
2015-12-31	13.41%
2015-09-30	13.32%
2015-06-30	13.18%
2015-03-31	13.30%
2014-12-31	13.02%
2014-09-30	12.51%
2014-06-30	11.91%
2014-03-31	11.85%
2013-12-31	12.10%
2013-09-30	10.60%
2013-06-30	11.07%
2013-03-31	10.71%
2012-12-31	10.51%
2012-09-30	8.69%
2012-06-30	8.08%
2012-03-31	7.64%
2011-12-31	7.46%
2011-09-30	10.98%
2011-06-30	10.21%
2011-03-31	9.55%
2010-12-31	9.28%
2010-09-30	9.13%
2010-06-30	9.77%
2010-03-31	9.79%
2009-12-31	9.49%
2009-09-30	9.51%
2009-06-30	8.20%
2009-03-31	9.25%
2008-12-31	10.09%
2008-09-30	9.71%
2008-06-30	11.20%
2008-03-31	11.42%
2007-12-31	11.37%
2007-09-30	11.12%
2007-06-30	11.05%
2007-03-31	10.77%
2006-12-31	10.35%
2006-09-30	9.00%
2006-06-30	8.44%
2006-03-31	7.51%
2005-12-31	7.22%
2005-09-30	6.40%
2005-06-30	5.92%
2005-03-31	5.39%
2004-12-31	5.51%
2004-09-30	6.05%
2004-06-30	6.24%
2004-03-31	6.75%
2003-12-31	6.91%
2003-09-30	7.73%
2003-06-30	8.10%

DATE

RETURN ON INVESTED CAPITAL (ROIC)

2026-06-30

6.63%

2026-03-31

7.77%

2025-12-31

9.47%

2025-09-30

9.70%

2025-06-30

10.08%

2025-03-31

10.22%

2024-12-31

10.23%

2024-09-30

9.96%

2024-06-30

10.52%

2024-03-31

10.99%

2023-12-31

11.98%

2023-09-30

12.21%

2023-06-30

11.64%

2023-03-31

11.60%

2022-12-31

10.70%

2022-09-30

10.08%

2022-06-30

9.30%

2022-03-31

9.17%

2021-12-31

9.56%

2021-09-30

9.69%

2021-06-30

9.15%

2021-03-31

8.60%

2020-12-31

8.96%

2020-09-30

9.41%

2020-06-30

10.46%

2020-03-31

12.94%

2019-12-31

12.42%

2019-09-30

11.89%

2019-06-30

13.92%

2019-03-31

13.08%

2018-12-31

13.50%

2018-09-30

7.87%

2018-06-30

8.01%

2018-03-31

7.58%

2017-12-31

7.66%

2017-09-30

10.99%

2017-06-30

11.22%

2017-03-31

11.71%

2016-12-31

12.13%

2016-09-30

12.27%

2016-06-30

13.21%

2016-03-31

13.12%

2015-12-31

13.41%

2015-09-30

13.32%

2015-06-30

13.18%

2015-03-31

13.30%

2014-12-31

13.02%

2014-09-30

12.51%

2014-06-30

11.91%

2014-03-31

11.85%

2013-12-31

12.10%

2013-09-30

10.60%

2013-06-30

11.07%

2013-03-31

10.71%

2012-12-31

10.51%

2012-09-30

8.69%

2012-06-30

8.08%

2012-03-31

7.64%

2011-12-31

7.46%

2011-09-30

10.98%

2011-06-30

10.21%

2011-03-31

9.55%

2010-12-31

9.28%

2010-09-30

9.13%

2010-06-30

9.77%

2010-03-31

9.79%

2009-12-31

9.49%

2009-09-30

9.51%

2009-06-30

8.20%

2009-03-31

9.25%

2008-12-31

10.09%

2008-09-30

9.71%

2008-06-30

11.20%

2008-03-31

11.42%

2007-12-31

11.37%

2007-09-30

11.12%

2007-06-30

11.05%

2007-03-31

10.77%

2006-12-31

10.35%

2006-09-30

9.00%

2006-06-30

8.44%

2006-03-31

7.51%

2005-12-31

7.22%

2005-09-30

6.40%

2005-06-30

5.92%

2005-03-31

5.39%

2004-12-31

5.51%

2004-09-30

6.05%

2004-06-30

6.24%

2004-03-31

6.75%

2003-12-31

6.91%

2003-09-30

7.73%

2003-06-30

8.10%

Return on Invested Capital (ROIC): 6.63%

HON Return on Invested Capital (ROIC)

HON Average Return on Invested Capital (ROIC) Chart

HON Current vs Average Return on Invested Capital (ROIC) Chart

HON Return on Invested Capital (ROIC) Metrics

HON Competitors' Return on Invested Capital (ROIC)

Capital Efficiency

Return on Invested Capital (ROIC) Formula & Definition

Return on Invested Capital (ROIC) FAQ

HON Return on Invested Capital (ROIC) History

Related Metrics