Honeywell Aerospace Inc (HONA) - Net Assets
Based on the latest financial reports, Honeywell Aerospace Inc (HONA) has net assets worth $-3.45 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($21.36 Billion) and total liabilities ($24.82 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore HONA current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-3.45 Billion |
| % of Total Assets | -16.17% |
| Annual Growth Rate | -3.76% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Honeywell Aerospace Inc - Net Assets Trend (2024–2025)
This chart illustrates how Honeywell Aerospace Inc's net assets have evolved over time, based on quarterly financial data. Check Honeywell Aerospace Inc (HONA) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Honeywell Aerospace Inc (2024–2025)
The table below shows the annual net assets of Honeywell Aerospace Inc from 2024 to 2025. For live valuation and market cap data, see market cap of Honeywell Aerospace Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $8.50 Billion | -3.76% |
| 2024-12-31 | $8.83 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Honeywell Aerospace Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $8.40 Billion | 100.00% |
| Total Equity | $8.40 Billion | 100.00% |
Honeywell Aerospace Inc Competitors by Market Cap
The table below lists competitors of Honeywell Aerospace Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Colgate-Palmolive Company
NYSE:CL
|
$70.06 Billion |
|
Münchener Rück AG
XETRA:MUV2
|
$70.09 Billion |
|
General Motors Company
NYSE:GM
|
$70.19 Billion |
|
MUENCH.RUECK.UNS.ADR 1/10
F:MUVB
|
$70.34 Billion |
|
Kinder Morgan Inc
NYSE:KMI
|
$69.73 Billion |
|
Glencore PLC
JSE:GLN
|
$69.63 Billion |
|
Bloom Energy Corp
NYSE:BE
|
$69.58 Billion |
|
Engie S.A.
PA:ENGI
|
$69.44 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Honeywell Aerospace Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,736,000,000 to 8,399,000,000, a change of -337,000,000 (-3.9%).
- Net income of 1,780,000,000 contributed positively to equity growth.
- Other factors decreased equity by 2,117,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.78 Billion | +21.19% |
| Other Changes | $-2.12 Billion | -25.21% |
| Total Change | $- | -3.86% |
Book Value vs Market Value Analysis
This analysis compares Honeywell Aerospace Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.33x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 8.01x to 8.33x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2024-12-31 | $27.57 | $220.75 | x |
| 2025-12-31 | $26.51 | $220.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Honeywell Aerospace Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 21.19%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.23%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 2.11x
- Recent ROE (21.19%) is below the historical average (26.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2024 | 32.25% | 18.24% | 0.92x | 1.93x | $1.94 Billion |
| 2025 | 21.19% | 10.23% | 0.98x | 2.11x | $940.10 Million |
Industry Comparison
This section compares Honeywell Aerospace Inc's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $-1,184,483,455
- Average return on equity (ROE) among peers: -7.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Honeywell Aerospace Inc (HONA) | $-3.45 Billion | 32.25% | N/A | $69.96 Billion |
| Archer Aviation Inc (ACHR) | $4.97 Million | -18.99% | 1.05x | $3.61 Billion |
| AAR Corp (AIR) | $336.49 Million | 10.45% | 1.19x | $5.39 Billion |
| Air Industries Group (AIRI) | $11.61 Million | -94.71% | 3.11x | $14.65 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $-85.59 Million | 0.00% | 0.00x | $172.20 Million |
| Arxis, Inc. Class A Common Stock (ARXS) | $2.98 Billion | -1.86% | 1.12x | $2.91 Billion |
| Astronics Corporation (ATRO) | $171.51 Million | 15.90% | 1.86x | $2.31 Billion |
| AeroVironment Inc (AVAV) | $608.21 Million | -0.69% | 0.50x | $7.32 Billion |
| AEVEX Corp. (AVEX) | $590.07 Million | -0.14% | 0.37x | $835.25 Million |
| Axon Enterprise Inc. (AXON) | $1.62 Billion | 10.88% | 1.11x | $37.06 Billion |
| The Boeing Company (BA) | $-18.07 Billion | 0.00% | 0.00x | $174.71 Billion |
About Honeywell Aerospace Inc
Honeywell Aerospace Inc. manufactures and supplies aircraft components, avionics, engines, and systems for airframe manufacturing, commercial airline, military and defense, business aviation, and space markets, as well as other markets in the aerospace industry. The company offers actuation products, air and thermal management products, auxiliary power units, cabin management and entertainment pr… Read more