Honeywell International (HON) Asset Utilization Ratio (2009 - 2026)
Honeywell International's (HON) Asset Utilization Ratio was 0.50 for Q2 2026, up 6.6% from 0.47 a year earlier but down 1.4% from the prior quarter.
Honeywell International (HON) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Dating back to Q3 2009, Honeywell International's Asset Utilization Ratio record includes 66 quarters.
- Asset Utilization Ratio has declined for three consecutive years.
- By year, Asset Utilization Ratio came in at 0.51 in FY2024 (-4.8%), 0.53 in FY2023 (-4.7%), 0.56 in FY2022 (+5.0%) and 0.53 in FY2021 (+0.6%).
- Five-year quarterly Asset Utilization Ratio spans a low of 0.44 in Q3 2024 and a high of 0.59 in Q2 2023.
- Year over year, Asset Utilization Ratio has now increased in each of the last five quarters, with an average decline of 2.7% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q1 2023 (growth of 9.6%); the low point was Q3 2024 (a decline of 25.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.51 (Q1 2026), 0.48 (Q4 2025) and 0.46 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 320.36 Bn | 274.13 Bn | 4.68 Bn | 0.40 |
| 2 | Rtx | 247.12 Bn | 218.60 Bn | 5.13 Bn | 0.54 |
| 3 | Boeing | 147.44 Bn | 54.13 Bn | 2.41 Bn | 0.57 |
| 4 | Lockheed Martin | 115.87 Bn | 102.60 Bn | 2.45 Bn | 1.27 |
| 5 | General Dynamics | 89.87 Bn | 76.98 Bn | 2.18 Bn | 0.92 |
| 6 | Howmet Aerospace | 86.73 Bn | 82.33 Bn | 951.00 Mn | 0.69 |
| 7 | Motorola Solutions | 74.51 Bn | 70.85 Bn | 1.68 Bn | 0.64 |
| 8 | Northrop Grumman | 68.22 Bn | 57.46 Bn | 2.12 Bn | 0.85 |
| 9 | Honeywell International | 65.74 Bn | 17.87 Bn | 3.65 Bn | 0.50 |
| 10 | TransDigm | 63.64 Bn | 51.65 Bn | 1.63 Bn | 0.38 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.50 |
| Mar 31, 2026 | 0.51 |
| Dec 31, 2025 | 0.48 |
| Sep 30, 2025 | 0.46 |
| Jun 30, 2025 | 0.47 |
| Mar 31, 2025 | 0.47 |
| Dec 31, 2024 | 0.47 |
| Sep 30, 2024 | 0.44 |
| Jun 30, 2024 | 0.47 |
| Mar 31, 2024 | 0.51 |
| Dec 31, 2023 | 0.54 |
| Sep 30, 2023 | 0.59 |
| Jun 30, 2023 | 0.59 |
| Mar 31, 2023 | 0.59 |
| Dec 31, 2022 | 0.58 |
| Sep 30, 2022 | 0.57 |
| Jun 30, 2022 | 0.55 |
| Mar 31, 2022 | 0.54 |
| Dec 31, 2021 | 0.53 |
| Sep 30, 2021 | 0.54 |
Honeywell International Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HON&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "HON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();