• Honeywell average return on equity for 2023 was 30.81, a 10.67% increase from 2022.
• Honeywell average return on equity for 2022 was 27.84, a 1.59% increase from 2021.
• Honeywell average return on equity for 2021 was 28.29, a 5.83% decline from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.