Honeywell International Inc (HON)

Total asset turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Revenue (ttm)	US$ in thousands	38,495,000	37,840,000	37,324,000	36,895,000	36,655,000	36,408,000	36,147,000	35,954,000	35,466,000	34,937,000	34,459,000	34,314,000	34,392,000	34,635,000	33,959,000	32,628,000	32,637,000	33,233,000	34,522,000	36,288,000
Total assets	US$ in thousands	75,196,000	73,492,000	69,329,000	65,645,000	61,525,000	61,296,000	62,337,000	59,883,000	62,275,000	60,287,000	62,258,000	63,352,000	64,470,000	64,191,000	63,945,000	63,561,000	64,586,000	63,459,000	63,604,000	57,422,000
Total asset turnover		0.51	0.51	0.54	0.56	0.60	0.59	0.58	0.60	0.57	0.58	0.55	0.54	0.53	0.54	0.53	0.51	0.51	0.52	0.54	0.63

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $38,495,000K ÷ $75,196,000K
= 0.51

Honeywell International Inc's total asset turnover has shown fluctuating trends over the period under review, ranging from a low of 0.51 to a high of 0.60. The metric indicates how efficiently the company is generating revenue relative to its total assets. A higher total asset turnover generally signifies better efficiency in asset utilization.

Between March 31, 2020, and June 30, 2020, there was a notable decrease in the total asset turnover from 0.63 to 0.54, indicating a possible decline in revenue generated per dollar of assets. However, the metric demonstrated some volatility in the subsequent quarters before stabilizing around 0.54 to 0.55 in the most recent periods up to December 31, 2024.

Overall, Honeywell International Inc's total asset turnover suggests moderate efficiency in utilizing its assets to generate revenue, with some fluctuations that may warrant further investigation into the company's operational and financial performance during specific periods.