Honeywell International Inc (HON)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 7,925,000 | 8,176,000 | 7,955,000 | 7,434,000 | 7,455,000 | 6,698,000 | 6,844,000 | 6,958,000 | 6,594,000 | 7,120,000 | 6,623,000 | 6,620,000 | 6,541,000 | 6,358,000 | 6,094,000 | 5,514,000 | 5,696,000 | 5,715,000 | 6,156,000 | 6,900,000 |
| 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 |
| Operating ROA | 10.54% | 11.13% | 11.47% | 11.32% | 12.12% | 10.93% | 10.98% | 11.62% | 10.59% | 11.81% | 10.64% | 10.45% | 10.15% | 9.90% | 9.53% | 8.68% | 8.82% | 9.01% | 9.68% | 12.02% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $7,925,000K ÷ $75,196,000K
= 10.54%
Operating ROA measures how well a company generates operating income from its total assets. Looking at the data provided for Honeywell International Inc, the company's operating ROA has shown fluctuations over the quarters.
Between March 31, 2020, and December 31, 2020, the operating ROA decreased from 12.02% to 8.82%, reflecting a decline in operating income generated from its assets. Subsequently, there was a gradual increase in operating ROA from March 31, 2021, reaching a peak of 12.12% on December 31, 2023. This increase indicates an improvement in the company's ability to generate operating income relative to its total assets.
However, the operating ROA declined to 10.54% by December 31, 2024, which may suggest a decrease in operating efficiency or profitability relative to the company's asset base.
Overall, the trend in Honeywell International Inc's operating ROA shows some fluctuations, with periods of increase and decrease, highlighting the importance of monitoring operational efficiency and asset utilization for sustainable performance.
Peer comparison
Dec 31, 2024