Watsco (WSO) Asset Utilization Ratio (2010 - 2026)
Watsco's Asset Utilization Ratio came in at 1.44 for Q3 2026, down 9.8% from 1.60 a year earlier and down 3.7% from the prior quarter.
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Analysis
Watsco (WSO) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025, Watsco's Asset Utilization Ratio was 1.63, down 12.3% from FY2024.
- Asset Utilization Ratio has declined in each of the last four years.
- Going back by year, Asset Utilization Ratio was 1.86 in FY2024 (-8.0%), 2.02 in FY2023 (-8.8%), 2.21 in FY2022 (-1.9%) and 2.25 in FY2021 (+12.4%).
- The Q3 2026 figure represents the lowest quarterly Asset Utilization Ratio in data going back to Q3 2010.
- Year-over-year, Asset Utilization Ratio has declined for 15 consecutive quarters, with an average decline of 6.6% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q4 2021 (growth of 3.2%), and the weakest in Q1 2024 (a decline of 9.9%).
- Business Quant data shows WSO's Asset Utilization Ratio at 1.50 (Q2 2026), 1.60 (Q1 2026) and 1.61 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 68.95 Bn | 66.71 Bn | 2.01 Bn | 1.96 |
| 2 | United Rentals | 68.54 Bn | 67.66 Bn | 2.05 Bn | 0.55 |
| 3 | Fastenal | 62.92 Bn | 61.91 Bn | 1.10 Bn | 1.68 |
| 4 | Ferguson Enterprises | 50.34 Bn | 47.55 Bn | 2.32 Bn | 1.77 |
| 5 | Sunbelt Rentals Holdings | 33.33 Bn | 33.21 Bn | 1.25 Bn | 0.50 |
| 6 | Reliance | 21.77 Bn | 20.83 Bn | 1.45 Bn | 1.52 |
| 7 | Wesco International | 15.42 Bn | 12.47 Bn | 1.57 Bn | 1.42 |
| 8 | Watsco | 11.20 Bn | 9.27 Bn | 586.29 Mn | 1.44 |
| 9 | Applied Industrial Technologies | 10.92 Bn | 10.80 Bn | 392.21 Mn | 1.69 |
| 10 | Avantor | 10.55 Bn | 9.13 Bn | 534.80 Mn | 0.57 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.44 |
| Jun 30, 2026 | 1.50 |
| Mar 31, 2026 | 1.60 |
| Dec 31, 2025 | 1.61 |
| Sep 30, 2025 | 1.60 |
| Jun 30, 2025 | 1.63 |
| Mar 31, 2025 | 1.70 |
| Dec 31, 2024 | 1.69 |
| Sep 30, 2024 | 1.68 |
| Jun 30, 2024 | 1.70 |
| Mar 31, 2024 | 1.81 |
| Dec 31, 2023 | 1.88 |
| Sep 30, 2023 | 1.78 |
| Jun 30, 2023 | 1.81 |
| Mar 31, 2023 | 2.00 |
| Dec 31, 2022 | 2.06 |
| Sep 30, 2022 | 1.95 |
| Jun 30, 2022 | 1.91 |
| Mar 31, 2022 | 2.03 |
| Dec 31, 2021 | 2.03 |
API Access
Watsco Asset Utilization Ratio 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=asset-utilization-ratio&ticker=WSO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "WSO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=WSO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();