Friday, March 20, 2015

Honeywell International (HON) Return on Assets Analysis

Have you ever looked at an industrial conglomerate like Honeywell International (NYSE:HON) and settled on looking at segmental margin as the key indicator of each of its segments' prospects going forward? Or even decided that the company's investment and acquisition activity should be centered on the segment with the highest margin? If so, then you could be looking at things the wrong way. Arguably, the most important number to look at is segmental return on assets, or ROA. Let's take a look at why, and what the ROA numbers mean for Honeywell International.


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