Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Honeywell Aerospace's Revenue for the
three
months ended in Mar. 2026 was $4,352 Mil. Honeywell Aerospace's Total Assets for the quarter that ended in Mar. 2026 was $19,524 Mil. Therefore, Honeywell Aerospace's Asset Turnover for the quarter that ended in Mar. 2026 was 0.22.
Asset Turnover is linked to ROE % through Du Pont Formula. Honeywell Aerospace's annualizedROE % for the quarter that ended in Mar. 2026 was 83.29%. It is also linked to ROA % through Du Pont Formula. Honeywell Aerospace's annualizedROA % for the quarter that ended in Mar. 2026 was 10.33%.
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.
** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.
It is also linked to ROA % through Du Pont Formula:
Honeywell Aerospace's annulizedROA % for the quarter that ended in Mar. 2026 is
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.
Be Aware
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.
Honeywell Aerospace Asset Turnover Related Terms
Honeywell Aerospace Asset Turnover Historical Data
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The historical data trend for Honeywell Aerospace's Asset Turnover 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 Asset Turnover Chart
Honeywell Aerospace Annual Data
Trend
Dec23
Dec24
Dec25
Asset Turnover
0.00
0.92
1.01
Honeywell Aerospace Quarterly Data
Dec24
Mar25
Dec25
Mar26
Asset Turnover
0.00
0.24
0.00
0.22
HONA vs NOC, TDG, LHX: Asset Turnover Comparison
For the Aerospace & Defense subindustry, Honeywell Aerospace's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Aerospace Asset Turnover vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Honeywell Aerospace's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Honeywell Aerospace's Asset Turnover 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.
Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.
Honeywell Aerospace (HONA) has a Asset Turnover of 0.22 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Honeywell Aerospace and its competitors.
Is Honeywell Aerospace's Asset Turnover too high?
Honeywell Aerospace's current Asset Turnover is 0.22. 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 Asset Turnover compare to NOC and TDG?
Honeywell Aerospace's Asset Turnover of 0.22 can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Aerospace & Defense company?
A good Asset Turnover depends on the Aerospace & Defense industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Honeywell Aerospace and its competitors. Honeywell Aerospace's current Asset Turnover is 0.22. 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 Asset Turnover of 0.22. The current Asset Turnover is 0.22. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Honeywell Aerospace (HONA), the current Asset Turnover is 0.22 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 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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