Honeywell International Inc (HON)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 5,705,000 | 5,683,000 | 5,784,000 | 5,727,000 | 5,658,000 | 5,414,000 | 5,452,000 | 5,226,000 | 4,966,000 | 5,375,000 | 5,080,000 | 5,249,000 | 5,542,000 | 5,473,000 | 4,974,000 | 4,625,000 | 4,779,000 | 4,982,000 | 5,848,000 | 6,308,000 |
| Total stockholders’ equity | US$ in thousands | 26,674,000 | 17,406,000 | 16,947,000 | 16,454,000 | 15,856,000 | 17,775,000 | 17,299,000 | 17,515,000 | 17,319,000 | 17,707,000 | 17,541,000 | 18,365,000 | 19,242,000 | 17,842,000 | 18,202,000 | 18,252,000 | 17,790,000 | 18,313,000 | 18,147,000 | 17,644,000 |
| ROE | 21.39% | 32.65% | 34.13% | 34.81% | 35.68% | 30.46% | 31.52% | 29.84% | 28.67% | 30.36% | 28.96% | 28.58% | 28.80% | 30.67% | 27.33% | 25.34% | 26.86% | 27.20% | 32.23% | 35.75% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $5,705,000K ÷ $26,674,000K
= 21.39%
The return on equity (ROE) of Honeywell International Inc has shown fluctuations over the analyzed period from March 2020 to December 2024. The ROE stood at 35.75% in March 2020, indicating that for every dollar of shareholders' equity invested, the company generated a profit of 35.75 cents.
Subsequently, the ROE displayed a trend of decline, reaching its lowest point of 21.39% in December 2024. This downward trend suggests a decrease in the company's ability to generate profits from the shareholders' equity.
However, it is important to note that the ROE figures fluctuated within a range during the period, indicating some level of volatility in the company's profitability relative to its equity base. The ROE peaked at 35.68% in December 2023, showcasing a temporary resurgence in profitability.
Overall, a declining trend in ROE over time may raise concerns about the company's efficiency in utilizing shareholder funds to generate profits. Further analysis of the company's financial performance and operational factors might be necessary to understand the reasons behind the fluctuations in ROE.
Peer comparison
Dec 31, 2024
See also:
Honeywell International Inc Return on Equity (ROE) (Quarterly Data)