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Highest Return on Equity in the Industrial Conglomerates Industry Detected in Shares of 3M Co (MMM, CSL, ROP, RAVN, HON)

By Nick Russo

Below are the three companies in the Industrial Conglomerates industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

3M Co ranks highest with a ROE of 3,766.7%. Following is Carlisle Cos Inc with a ROE of 2,329.8%. Roper Technologi ranks third highest with a ROE of 1,561.8%.

Raven Industries follows with a ROE of 1,532.1%, and Honeywell Intl rounds out the top five with a ROE of 932.0%.

SmarTrend is monitoring the recent change of momentum in Honeywell Intl. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Honeywell Intl in search of a potential trend change.

Keywords: highest return on equity 3m co carlisle cos inc roper technologi raven industries honeywell intl