Honeywell International Inc. (HON) Return on Invested Capital (ROIC): 9.22%
Is Honeywell International Inc.’s return on invested capital (ROIC) high or low?
Honeywell International Inc.'s return on invested capital (ROIC) of 9.22% is in line with its 5-year average of 9.60%, near the low end of its 5-year range (8.93%–10.65%).
As of Thursday, June 11, 2026. 1.60% above its 12-month average of 9.07%.
HON Return on Invested Capital (ROIC) Chart
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
RETURN ON INVESTED CAPITAL (ROIC)
9.22%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
10.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
10.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.92%
CURRENT VS TTM AVG
+1.60%
CURRENT VS 3Y AVG
-5.77%
CURRENT VS 5Y AVG
-3.94%
CURRENT VS 10Y AVG
-8.62%
CURRENT VS 15Y AVG
-8.99%
CURRENT VS 20Y AVG
-7.03%
HON Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Honeywell International Inc. (HON) | $134.39B | 9.22% | 9.07% | 9.79% | 9.60% |
| Lockheed Martin Corporation (LMT) | $125.60B | 17.39% | 16.86% | 18.35% | 18.91% |
| Eaton Corporation plc (ETN) | $148.14B | 13.14% | 13.05% | 11.55% | 10.10% |
| Deere & Company (DE) | $151.13B | 7.13% | 7.13% | 9.73% | 9.30% |
| Union Pacific Corporation (UNP) | $157.34B | 11.70% | 11.65% | 11.67% | 11.45% |
| Parker-Hannifin Corporation (PH) | $111.16B | 13.69% | 12.91% | 11.49% | 10.97% |
| The Boeing Company (BA) | $169.45B | -6.67% | -11.95% | -8.08% | -8.72% |
| Automatic Data Processing, Inc. (ADP) | $91.77B | 24.66% | 32.02% | 35.59% | 31.77% |
| United Parcel Service, Inc. (UPS) | $89.45B | 10.40% | 11.21% | 13.32% | 13.95% |
| Cummins Inc. (CMI) | $88.11B | 11.41% | 12.55% | 9.89% | 10.37% |
Capital Efficiency
ROIC
9.2%
ROE
19.2%
Honeywell International Inc. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Honeywell International Inc. 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 9.22%.
- Is Honeywell International Inc.'s return on invested capital (ROIC) high or low?
- Honeywell International Inc.'s return on invested capital (ROIC) of 9.22% is in line with its 5-year average of 9.60%, near the low end of its 5-year range (8.93%–10.65%).
- 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 9.07%.
- 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 9.79%.
- 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 9.60%.
- 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 10.09%.
- 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 10.13%.
- 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 9.92%.
Honeywell International Inc. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 9.22% |
| 2024-12-31 | 8.93% |
| 2023-12-31 | 10.34% |
| 2022-12-31 | 10.65% |
| 2021-12-31 | 9.52% |
| 2020-12-31 | 8.93% |
| 2019-12-31 | 12.37% |
| 2018-12-31 | 13.50% |
| 2017-12-31 | 3.14% |
| 2016-12-31 | 10.98% |
| 2015-12-31 | 13.41% |
| 2014-12-31 | 13.02% |
| 2013-12-31 | 12.10% |
| 2012-12-31 | 10.51% |
| 2011-12-31 | 7.46% |
| 2010-12-31 | 8.02% |
| 2009-12-31 | 7.24% |
| 2008-12-31 | 10.10% |
| 2007-12-31 | 11.37% |
| 2006-12-31 | 10.35% |
| 2005-12-31 | 7.10% |
| 2004-12-31 | 4.98% |
| 2003-12-31 | 6.91% |
| 2002-12-31 | 2.08% |
| 2001-12-31 | 0.20% |
| 2000-12-31 | 9.86% |
| 1999-12-31 | 7.77% |
| 1998-12-31 | 11.35% |
| 1997-12-31 | 13.85% |
| 1996-12-31 | 10.17% |
Related Metrics
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.
- Sector
- Industrials
- Industry
- Conglomerates
- CEO
- Vimal Kapur