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Top 5 Companies in the Industrial Conglomerates Industry With the Highest Return on Equity (MMM, CSL, ROP, RAVN, HON)

By Shiri Gupta

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 recommended that subscribers consider buying shares of Roper Technologi on January 11th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $272.97. Since that recommendation, shares of Roper Technologi have risen 34.0%. We continue to monitor Roper Technologi for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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