Watsco (WSO) Return on Capital Employed (2010 - 2026)

Watsco (WSO) posted Return on Capital Employed of 20.06% for Q1 2026, up 4.92% sequentially from 19.12% in Q4 2025, and down 160.0% YoY from 33.44% in Q1 2025.

Watsco (WSO) Return on Capital Employed (2010 - 2026) Analysis & Trends

Watsco has reported Return on Capital Employed for 17 years, with the latest figure at 20.06% in Q1 2026.

  • Quarterly Return on Capital Employed fell 160.0% year-over-year to 20.06% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 20.06% (down 160.0% YoY) and the FY2025 annual result came in at 19.32%, down 574.0% from the prior year.
  • Return on Capital Employed rose to 20.06% in Q1 2026 per WSO's latest filing, from 19.12% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 31.62% in Q4 2022 and troughed at 19.12% in Q4 2025.
  • A 5-year average of 24.89% and a median of 25.06% in 2023 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2022 and 2023: Return on Capital Employed soared 702 bps in 2022, then tumbled 656 bps in 2023.
  • Over 5 years, Return on Capital Employed stood at 31.62% in 2022, then decreased by 21 bps to 25.06% in 2023, then retreated by 11 bps to 22.24% in 2024, then fell by 14 bps to 19.12% in 2025, then climbed by 5 bps to 20.06% in 2026.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 20.06%, 19.12%, and 19.71% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 W.W. Grainger 62.04 Bn 61.46 Bn 1.98 Bn 36.77%
2 Fastenal 59.03 Bn 58.83 Bn 1.06 Bn 40.62%
3 Ferguson Enterprises 47.99 Bn 47.17 Bn 2.32 Bn 23.37%
4 Wesco International 17.78 Bn 16.97 Bn 1.46 Bn 10.99%
5 Applied Industrial Technologies 13.25 Bn 13.08 Bn 380.80 Mn 20.70%
6 Watsco 11.97 Bn 11.50 Bn 578.93 Mn 18.08%
7 Core & Main 8.70 Bn 8.55 Bn 520.00 Mn 14.28%
8 Pool 7.21 Bn 7.18 Bn 540.76 Mn 18.74%
9 Msc Industrial Direct 6.76 Bn 6.69 Bn 430.41 Mn 20.14%
10 Xometry 5.15 Bn 4.63 Bn 87.15 Mn -4.44%

Historic Data

Download Data
DateValue
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%