Watsco (WSO-B) Return on Capital Employed [ROCE] (2010 - 2026)
Watsco's Return on Capital Employed [ROCE] was 18.08% in Q2 2026, down 3.80 percentage points from 21.88% a year earlier and down 1.98 percentage points from the prior quarter.
Watsco (WSO-B) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Watsco came in at 19.32%, down 5.74 percentage points from FY2024.
- Return on Capital Employed [ROCE] has now declined for three consecutive years, with a five-year change of -0.41 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 25.05% in FY2024 (-2.39 pp), 27.44% in FY2023 (-7.49 pp), 34.93% in FY2022 (+4.40 pp) and 30.54% in FY2021 (+10.81 pp).
- The Q2 2026 figure marks the lowest quarterly Return on Capital Employed [ROCE] since Q2 2020.
- Compared with a year earlier, Return on Capital Employed [ROCE] has declined for 13 straight quarters, with an average year-over-year change of -2.65 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q4 2021 (a gain of 7.32 percentage points); the worst was Q4 2023 (a drop of 6.56 percentage points).
- Per Business Quant data, WSO-B's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was 20.06% (Q1 2026), 19.12% (Q4 2025) and 19.71% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.08% |
| Mar 31, 2026 | 20.06% |
| Dec 31, 2025 | 19.12% |
| Sep 30, 2025 | 19.71% |
| Jun 30, 2025 | 21.88% |
| Mar 31, 2025 | 21.67% |
| Dec 31, 2024 | 22.24% |
| Sep 30, 2024 | 21.38% |
| Jun 30, 2024 | 22.14% |
| Mar 31, 2024 | 25.08% |
| Dec 31, 2023 | 25.06% |
| Sep 30, 2023 | 25.89% |
| Jun 30, 2023 | 26.83% |
| Mar 31, 2023 | 30.66% |
| Dec 31, 2022 | 31.62% |
| Sep 30, 2022 | 29.76% |
| Jun 30, 2022 | 30.66% |
| Mar 31, 2022 | 29.38% |
| Dec 31, 2021 | 26.61% |
| Sep 30, 2021 | 24.85% |
Watsco Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=WSO-B&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "WSO-B", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=WSO-B&period=max&api_key=YOUR_API_KEY");
const data = await res.json();