Honeywell International (HON) Return on Invested Capital [ROIC] (2009 - 2026)
Honeywell International's Return on Invested Capital [ROIC] came in at 12.25% for Q2 2026, down 0.85 percentage points from 13.10% a year earlier and down 1.21 percentage points from the prior quarter.
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Analysis
Honeywell International (HON) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Honeywell International's Return on Invested Capital [ROIC] was 10.73%, down 1.52 percentage points from FY2024.
- Return on Invested Capital [ROIC] has declined in each of the last three years, with a five-year change of -1.58 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 12.25% in FY2024 (-0.94 pp), 13.19% in FY2023 (-0.03 pp), 13.22% in FY2022 (+1.05 pp) and 12.17% in FY2021 (-0.14 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Invested Capital [ROIC] since Q1 2025.
- Year-over-year, Return on Invested Capital [ROIC] increased in five of the last eight quarters, with an average year-over-year change of +0.49 percentage points.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q3 2025 (a gain of 6.43 percentage points), and the weakest in Q3 2024 (a drop of 9.01 percentage points).
- Business Quant data shows HON's Return on Invested Capital [ROIC] at 13.46% (Q1 2026), 12.52% (Q4 2025) and 12.48% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 339.47 Bn | 293.47 Bn | 4.68 Bn | -53.90% |
| 2 | Rtx | 255.27 Bn | 228.48 Bn | 5.13 Bn | 8.08% |
| 3 | Boeing | 156.48 Bn | 63.18 Bn | 2.41 Bn | 7.69% |
| 4 | Lockheed Martin | 119.91 Bn | 106.64 Bn | 2.45 Bn | 26.98% |
| 5 | Howmet Aerospace | 92.95 Bn | 88.55 Bn | 951.00 Mn | 19.17% |
| 6 | General Dynamics | 91.08 Bn | 78.19 Bn | 2.18 Bn | 13.63% |
| 7 | Motorola Solutions | 75.61 Bn | 71.97 Bn | 1.68 Bn | 20.27% |
| 8 | Northrop Grumman | 72.52 Bn | 61.76 Bn | 2.12 Bn | 12.31% |
| 9 | Honeywell International | 67.37 Bn | 19.81 Bn | 3.65 Bn | 12.25% |
| 10 | TransDigm | 61.72 Bn | 49.81 Bn | 1.63 Bn | 15.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.25% |
| Mar 31, 2026 | 13.46% |
| Dec 31, 2025 | 12.52% |
| Sep 30, 2025 | 12.48% |
| Jun 30, 2025 | 13.10% |
| Mar 31, 2025 | 11.82% |
| Dec 31, 2024 | 10.77% |
| Sep 30, 2024 | 6.04% |
| Jun 30, 2024 | 8.02% |
| Mar 31, 2024 | 10.71% |
| Dec 31, 2023 | 12.98% |
| Sep 30, 2023 | 15.05% |
| Jun 30, 2023 | 15.01% |
| Mar 31, 2023 | 14.66% |
| Dec 31, 2022 | 13.86% |
| Sep 30, 2022 | 15.87% |
| Jun 30, 2022 | 14.71% |
| Mar 31, 2022 | 14.54% |
| Dec 31, 2021 | 14.94% |
| Sep 30, 2021 | 12.50% |
API Access
Honeywell International Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=HON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=HON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();