Watsco (WSO) Return on Equity [ROE] (2009 - 2026)
Watsco (WSO) posted Return on Equity [ROE] of 15.81% for Q3 2026, down 3.06 percentage points from 18.88% a year earlier and down 0.95 percentage points from the prior quarter.
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Analysis
Watsco (WSO) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Watsco's Return on Equity [ROE] came in at 18.69%, down 3.69 percentage points from FY2024.
- Annual Return on Equity [ROE] has declined for three consecutive years, though with a five-year change of +0.20 percentage points (FY2020 to FY2025).
- In prior years, Watsco's Return on Equity [ROE] was 22.38% in FY2024 (-3.69 pp), 26.07% in FY2023 (-7.08 pp), 33.15% in FY2022 (+6.74 pp) and 26.41% in FY2021 (+7.91 pp).
- The Q3 2026 figure stands as the lowest quarterly Return on Equity [ROE] since Q4 2012.
- On a year-over-year basis, Return on Equity [ROE] has declined in each of the last 14 quarters, with an average year-over-year change of -2.22 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was Q1 2022, with a gain of 8.09 percentage points; the weakest was Q1 2024, with a drop of 8.75 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior quarters was 16.76% (Q2 2026), 18.21% (Q1 2026) and 18.01% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 68.95 Bn | 66.71 Bn | 2.01 Bn | 49.21% |
| 2 | United Rentals | 68.54 Bn | 67.66 Bn | 2.05 Bn | 30.20% |
| 3 | Fastenal | 62.92 Bn | 61.91 Bn | 1.10 Bn | 34.51% |
| 4 | Ferguson Enterprises | 50.34 Bn | 47.55 Bn | 2.32 Bn | 34.02% |
| 5 | Sunbelt Rentals Holdings | 33.33 Bn | 33.21 Bn | 1.25 Bn | 20.69% |
| 6 | Reliance | 21.77 Bn | 20.83 Bn | 1.45 Bn | 14.65% |
| 7 | Wesco International | 15.42 Bn | 12.47 Bn | 1.57 Bn | 14.89% |
| 8 | Watsco | 11.20 Bn | 9.27 Bn | 586.29 Mn | 15.81% |
| 9 | Applied Industrial Technologies | 10.92 Bn | 10.80 Bn | 392.21 Mn | 22.64% |
| 10 | Avantor | 10.55 Bn | 9.13 Bn | 534.80 Mn | 5.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.81% |
| Jun 30, 2026 | 16.76% |
| Mar 31, 2026 | 18.21% |
| Dec 31, 2025 | 18.01% |
| Sep 30, 2025 | 18.88% |
| Jun 30, 2025 | 19.91% |
| Mar 31, 2025 | 20.35% |
| Dec 31, 2024 | 20.42% |
| Sep 30, 2024 | 19.93% |
| Jun 30, 2024 | 20.67% |
| Mar 31, 2024 | 21.94% |
| Dec 31, 2023 | 24.01% |
| Sep 30, 2023 | 27.10% |
| Jun 30, 2023 | 28.53% |
| Mar 31, 2023 | 30.69% |
| Dec 31, 2022 | 30.83% |
| Sep 30, 2022 | 28.32% |
| Jun 30, 2022 | 28.87% |
| Mar 31, 2022 | 27.83% |
| Dec 31, 2021 | 24.82% |
API Access
Watsco Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=WSO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=WSO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();