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

Watsco's (WSO) quarterly Return on Capital Employed came in at 20.06% in Q1 2026, down 160.0% year-on-year from 33.44% in Q1 2025, and up 4.92% quarter-over-quarter from 19.12% in Q4 2025.

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

Watsco has disclosed Return on Capital Employed across 17 years of filings, most recently posting 20.06% for Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 20.06%, down 160.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.06% (down 160.0% YoY), and the FY2025 annual result was 19.32%, down 574.0% from the prior year.
  • Return on Capital Employed came in at 20.06% for Q1 2026 at Watsco, up from 19.12% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 31.62% in Q4 2022 to a low of 19.12% in Q4 2025.
  • The 5-year median for Return on Capital Employed is 25.06% (2023), against an average of 24.89%.
  • Across the five-year window, Return on Capital Employed jumped 702 bps in 2022 and tumbled 656 bps in 2023, its largest moves.
  • Watsco's Return on Capital Employed stood at 31.62% in 2022, then fell by 21 bps to 25.06% in 2023, then declined by 11 bps to 22.24% in 2024, then dropped by 14 bps to 19.12% in 2025, then gained by 5 bps to 20.06% in 2026.
  • The last three Return on Capital Employed figures came in at 20.06% (Q1 2026), 19.12% (Q4 2025), and 19.71% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 W.W. Grainger 63.64 Bn 63.46 Bn 1.75 Bn 35.82%
2 Fastenal 53.18 Bn 52.87 Bn 982.90 Mn 39.69%
3 Ferguson Enterprises 45.51 Bn 44.69 Bn 2.32 Bn 23.37%
4 Wesco International 17.33 Bn 16.62 Bn 1.29 Bn 10.68%
5 Watsco 14.65 Bn 14.51 Bn 427.56 Mn 20.06%
6 Qxo 12.24 Bn 9.19 Bn 409.30 Mn -3.19%
7 Applied Industrial Technologies 11.99 Bn 11.82 Bn 380.80 Mn 20.70%
8 Core & Main 9.98 Bn 9.84 Bn 428.00 Mn 13.58%
9 Pool 7.00 Bn 6.92 Bn 329.87 Mn 22.86%
10 Msc Industrial Direct 6.54 Bn 6.49 Bn 377.59 Mn 17.50%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 25.05%