Honeywell International: A Dynamic Player With Lofty Returns

Honeywell International (HON) continues to impress investors with its strong operational performance, innovation, and the potential to make smart changes in the company product portfolio according to the business requirements. Consequently, the company’s return on equity ratio is currently standing around 25, significantly higher than the industry average of 16. Its management has also successfully sustained investors’ confidence over the last five years, resulting in a share price appreciation of 123%.

However, the company now plans to make a big gamble by separating its aerospace business into a new company. The aerospace segment was Honeywell’s largest revenue generating segment in FY2016 with $14.75 billion in annual sales. Unfortunately, this segment has been under pressure over the last couple of years, creating pressure on the performance of the entire business. Here's a brief description of Honeywell's history in all things outer space related.


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