Watsco (WSO-B) Return on Invested Capital [ROIC] (2010 - 2026)
Watsco's Return on Invested Capital [ROIC] was 14.94% in Q2 2026, down 1.98 percentage points from 16.93% a year earlier and down 0.50 percentage points from the prior quarter.
Watsco (WSO-B) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Watsco came in at 15.91%, down 3.05 percentage points from FY2024.
- Return on Invested Capital [ROIC] has now declined for three consecutive years, though with a five-year change of +0.07 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 18.96% in FY2024 (-3.59 pp), 22.55% in FY2023 (-5.64 pp), 28.19% in FY2022 (+5.29 pp) and 22.90% in FY2021 (+7.05 pp).
- The Q2 2026 figure marks the lowest quarterly Return on Invested Capital [ROIC] since Q2 2020.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for 13 straight quarters, with an average year-over-year change of -2.26 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q1 2022 (a gain of 5.24 percentage points); the worst was Q1 2024 (a drop of 6.38 percentage points).
- Per Business Quant data, WSO-B's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 15.44% (Q1 2026), 15.38% (Q4 2025) and 16.17% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.94% |
| Mar 31, 2026 | 15.44% |
| Dec 31, 2025 | 15.38% |
| Sep 30, 2025 | 16.17% |
| Jun 30, 2025 | 16.93% |
| Mar 31, 2025 | 17.20% |
| Dec 31, 2024 | 17.44% |
| Sep 30, 2024 | 17.20% |
| Jun 30, 2024 | 18.02% |
| Mar 31, 2024 | 19.17% |
| Dec 31, 2023 | 20.66% |
| Sep 30, 2023 | 22.17% |
| Jun 30, 2023 | 22.78% |
| Mar 31, 2023 | 25.55% |
| Dec 31, 2022 | 26.67% |
| Sep 30, 2022 | 23.91% |
| Jun 30, 2022 | 23.14% |
| Mar 31, 2022 | 22.69% |
| Dec 31, 2021 | 21.43% |
| Sep 30, 2021 | 19.95% |
Watsco Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=WSO-B&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=WSO-B&period=max&api_key=YOUR_API_KEY");
const data = await res.json();