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3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Honeywell International does not have enough data to calculate 3-Year ROIIC %.
Honeywell International (TSX:HON) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Honeywell International 3-Year ROIIC % Related Terms
Honeywell International 3-Year ROIIC % Historical 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.
TSX:HON vs MMM, VMI, SEB: 3-Year ROIIC % Comparison
For the Conglomerates subindustry, Honeywell International's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Honeywell International 3-Year ROIIC % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Honeywell International's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Honeywell International's 3-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Honeywell International (TSX:HON) has a 3-Year ROIIC % of 0.00 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Honeywell International and its competitors. According to the industry distribution chart, Honeywell International ranks #999999 out of 530 companies in the Conglomerates industry.
Is Honeywell International's 3-Year ROIIC % too high?
Honeywell International's current 3-Year ROIIC % is 0.00. Based on the distribution chart, Honeywell International ranks #999999 out of 530 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Honeywell International has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell International's 3-Year ROIIC % compare to MMM and VMI?
According to the Conglomerates industry distribution chart, Honeywell International ranks #999999 out of 530 companies for 3-Year ROIIC %. This places Honeywell International in the lower half of its industry. The industry median 3-Year ROIIC % is 1.61. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Conglomerates company?
The median 3-Year ROIIC % among Conglomerates companies is 1.61, based on 530 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Honeywell International and its competitors. For the Conglomerates industry, the median 3-Year ROIIC % is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell International's current 3-Year ROIIC % is 0.00. 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 (TSX:HON) is currently considered Modestly Overvalued. The stock's GF Value™ is C$10.46, compared to a current price of C$13.18 — trading 26% above its estimated fair value. The current 3-Year ROIIC % is 0.00. Honeywell International's overall GF Score™ is 55/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Honeywell International (TSX:HON), the current 3-Year ROIIC % is 0.00 as of Dec. 2025. 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 (TSX:HON) Overvalued in 2026?
Based on GuruFocus' analysis, Honeywell International stock appears to be overvalued.
The current stock price of C$13.18 is trading 26% above its estimated GF Value™ of C$10.46.
GuruFocus considers Honeywell International to be Modestly Overvalued.
Key valuation signals for TSX:HON:
3-Year ROIIC %: 0.00
GF Value™: C$10.46 vs. price of C$13.18 (26% above fair value)
No single metric tells the full story. See the TSX:HON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
55GF Score
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