What is Honeywell International Inc 's ROA in the fourth quarter of 2023?
Honeywell International Inc achieved a return on average assets (ROA) of
9.26 % in its fourth quarter of 2023, this is above HON's average return on assets of 7.64%.
Honeywell International Inc s assets during the 12 months ending in the fourth quarter of 2023 are valued at $61 billion
Despite the company's net income deteriorating, Honeywell International Inc was able to improve its ROA compared to the third quarter of 2023.
However, within the
Conglomerates sector only one company had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to
465, from total ROA ranking in the third quarter of 2023 at
684.
What is ROA?