Honeywell International (STU:ALD) ROCE %: 9.79% (As of Mar. 2026)


STU:ALD Honeywell International Inc STU:ALD
82 GF Score
Price €200.50
GF Value €194.33
Valuation Fairly Valued
! 6 Warning Signs
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What is Honeywell International ROCE %?

Honeywell International STU:ALD +2.68% 82 ROCE % is 9.79% as of Mar. 2026. GuruFocus rates STU:ALD with a GF Score™ of 82/100 and a GF Value™ of €194.33 (Fairly Valued). The stock has 6 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 International's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.79%.

Honeywell International  (STU:ALD) 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 International ROCE % Related Terms

Honeywell International ROCE % Historical Data

* Premium members only.

The historical data trend for Honeywell International'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 International ROCE % Chart

Honeywell International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.40 16.08 16.03 15.32 12.33

Honeywell International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.33 15.51 17.75 -0.94 9.79
STU:ALD
82GF Score
Honeywell International Inc STU:ALD
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Honeywell International ROCE % Calculation

Honeywell International'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 )
=5824.28/( ( (71812.18 - 20299.48) + (62923.574 - 19995.556) )/ 2 )
=5824.28/( (51512.7+42928.018)/ 2 )
=5824.28/47220.359
=12.33 %

Honeywell International'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 )
=4297.32/( ( (62923.574 - 19995.556) + (63999.62 - 19103.525) )/ 2 )
=4297.32/( ( 42928.018 + 44896.095 )/ 2 )
=4297.32/43912.0565
=9.79 %

(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 9.79% mean?
Honeywell International (STU:ALD) has a ROCE % of 9.79% as of Mar. 2026.
Is Honeywell International's ROCE % too high?
Honeywell International's current ROCE % is 9.79%. The Conglomerates industry median ROCE % is 6.92. Honeywell International's value of 9.79% is 41.5% above this industry median. Overall, Honeywell International has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Honeywell International's ROCE % compare to MMM and VMI?
Honeywell International's ROCE % of 9.79% can be compared against companies in the Conglomerates industry. The industry median ROCE % is 6.92. Honeywell International's value of 9.79% is 41.5% 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 a Conglomerates company?
The median ROCE % among Conglomerates companies is 6.92, based on 556 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 International's current ROCE % of 9.79% is 41.5% 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 Conglomerates industry, the median ROCE % is 6.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell International's current ROCE % is 9.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell International stock overvalued right now?
Based on GuruFocus' analysis, Honeywell International (STU:ALD) is currently considered Fairly Valued. The stock's GF Value™ is €194.33, compared to a current price of €200.50 — trading 3.2% above its estimated fair value. The current ROCE % is 9.79% and 41.5% above the Conglomerates industry median of 6.92. Honeywell International's overall GF Score™ is 82/100 with 6 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 International (STU:ALD), the current ROCE % is 9.79% 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.

Is Honeywell International (STU:ALD) Overvalued in 2026?

Based on GuruFocus' analysis, Honeywell International stock appears to be overvalued. The current stock price of €200.50 is trading 3.2% above its estimated GF Value™ of €194.33. GuruFocus considers Honeywell International to be Fairly Valued.

Key valuation signals for STU:ALD:

  • ROCE %: 9.79%
  • GF Value™: €194.33 vs. price of €200.50 (3.2% above fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 41.5% above the Conglomerates median

No single metric tells the full story. See the STU:ALD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Honeywell International Business Description

Address 855 South Mint Street, Charlotte, NC, USA, 28202
Honeywell traces its roots to 1885 with Albert Butz's firm, Butz Thermo-Electric Regulator, which produced a predecessor to the modern thermostat. Other inventions by Honeywell include biodegradable detergent and autopilot. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace technologies, industrial automation, energy and sustainability solutions, and building automation. Recently, Honeywell has made several portfolio changes to focus on fewer end markets and align with a set of secular growth trends. The firm is working diligently to expand its installed base, deriving around one third of its revenue from recurring aftermarket services.
82GF Score

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

€200.50
Price
€194.33
GF Value