Honeywell International Inc (HON)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 8,271,000 | 7,084,000 | 6,793,000 | 7,578,000 | 6,371,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 957,000 | 15,856,000 | 17,319,000 | 19,242,000 | 17,790,000 |
| Return on total capital | 864.26% | 44.68% | 39.22% | 39.38% | 35.81% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $8,271,000K ÷ ($—K + $957,000K)
= 864.26%
Based on the provided data, the return on total capital for Honeywell International Inc has shown a positive trend over the years. The return on total capital increased from 35.81% as of December 31, 2020, to 864.26% as of December 31, 2024. However, the sharp increase in the return on total capital in 2024 to 864.26% may indicate potential anomalies or irregularities in the financial data.
Overall, the consistent improvement in the return on total capital from 2020 to 2024 suggests that Honeywell International Inc has been effectively utilizing its total capital to generate returns for its stakeholders. It would be important to further investigate the significant increase in the return on total capital in 2024 to ensure the accuracy of the financial data and the sustainability of such high returns in the future.
Peer comparison
Dec 31, 2024