HONA (Honeywell Aerospace) ROCE %: 25.48% (As of Mar. 2026)


HONA Honeywell Aerospace Inc HONA
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What is Honeywell Aerospace ROCE %?

Honeywell Aerospace HONA +2.94% 15 ROCE % is 25.48% as of Mar. 2026. GuruFocus rates HONA with a GF Score™ of 15/100. The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Honeywell Aerospace's annualized ROCE % for the quarter that ended in Mar. 2026 was 25.48%.

Honeywell Aerospace  (NAS:HONA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Honeywell Aerospace ROCE % Related Terms

Honeywell Aerospace ROCE % Historical Data

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The historical data trend for Honeywell Aerospace's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Honeywell Aerospace ROCE % Chart

Honeywell Aerospace Annual Data
Trend Dec23 Dec24 Dec25
ROCE %
0.00 31.82 28.68

Honeywell Aerospace Quarterly Data
Dec24 Mar25 Dec25 Mar26
ROCE % 0.00 33.85 0.00 25.48
HONA
15GF Score
Honeywell Aerospace Inc HONA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Honeywell Aerospace ROCE % Calculation

Honeywell Aerospace's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=3174/( ( (16845 - 5819) + (17685 - 6577) )/ 2 )
=3174/( (11026+11108)/ 2 )
=3174/11067
=28.68 %

Honeywell Aerospace's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=3396/( ( (17685 - 6577) + (21363 - 5813) )/ 2 )
=3396/( ( 11108 + 15550 )/ 2 )
=3396/13329
=25.48 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 25.48% mean?
Honeywell Aerospace (HONA) has a ROCE % of 25.48% as of Mar. 2026.
Is Honeywell Aerospace's ROCE % too high?
Honeywell Aerospace's current ROCE % is 25.48%. The Aerospace & Defense industry median ROCE % is 6.21. Honeywell Aerospace's value of 25.48% is 310.3% above this industry median. Overall, Honeywell Aerospace has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Honeywell Aerospace's ROCE % compare to NOC and TDG?
Honeywell Aerospace's ROCE % of 25.48% can be compared against companies in the Aerospace & Defense industry. The industry median ROCE % is 6.21. Honeywell Aerospace's value of 25.48% is 310.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Aerospace & Defense company?
The median ROCE % among Aerospace & Defense companies is 6.21, based on 351 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Honeywell Aerospace's current ROCE % of 25.48% is 310.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Aerospace & Defense industry, the median ROCE % is 6.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Aerospace's current ROCE % is 25.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Aerospace stock overvalued right now?
Honeywell Aerospace (HONA) has a current ROCE % of 25.48%. The current ROCE % is 25.48% and 310.3% above the Aerospace & Defense industry median of 6.21. Honeywell Aerospace's overall GF Score™ is 15/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Honeywell Aerospace (HONA), the current ROCE % is 25.48% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Honeywell Aerospace Business Description

Address 1944 E Sky Harbor Cir N, Phoenix, AZ, USA, 85034
Honeywell Aerospace Inc operates as an aerospace and defense supplier of systems and technologies that enable the production, maintenance, and safe operation of aerospace and defense platforms. Its products support original equipment manufacturer (OEM), government, defense prime contractor, and aircraft operator customers across the Commercial Air Transport, Business Aviation, and Defense and Space end markets. The company has three operating segments: Electronic Solutions (ES), Engines & Power Systems (E&PS), and Control Systems (CS ). The majority of revenue is derived from the Electronic Solutions segment, which offers Avionics, Navigation and Sensors, Electromagnetic Defensive Solutions, and Space systems. Geographically, the maximum revenue is generated from the United States.
15GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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