What is ROE for Honeywell International Inc in the second quarter 2024?
Honeywell International Inc achieved a return on average equity (ROE) of
33.73 % in its second quarter 2024, this is above HON's average return on equity of 25.12%.
Honeywell International Incs equity during the 12 months ending in the second quarter 2024 are valued at $17 billion
ROE has advanced compared to 33.2% in the first quarter 2024, due to net income growth.
Within the
Conglomerates industry only one company had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the first quarter 2024 from
25 to
47.
What is ROE?