INDUSTRIAL EQUIPMENT
Industrial Conglomerates
World’s Most Productive Companies
Industrial Conglomerates
Industrial Conglomerates span multiple industrial businesses under one roof. Productivity reflects portfolio mix, operating-system discipline, and how effectively scale is converted into efficiency.
The group was about flat in 2025, sitting about 2% below its 2019 baseline. Honeywell stood out as a World’s Most Productive Company, reaching 1.10. Gains were concentrated in the leaders, with most of the group giving back ground.
Industrial Conglomerates World's Most Productive Companies
Productivity Snapshot
- Industrial Conglomerates ranks eighth of twenty-one Industrial Equipment peer groups in 2025, at an Industrial Productivity Index of 0.98, about 2% below its 2019 baseline.
- 3 of 8 companies grew productivity in 2025.
- It is the group’s World’s Most Productive Company: Honeywell (1.10).
- The group finished near its 2019 baseline in 2025, with its best operators using disciplined operating systems to stay ahead.
Interested in learning more about how you stack up, where to improve, and the impact on margin, cash, inventory, and assets?