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Watsco Inc   (WSO)
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Watsco Inc 's ROA from the third quarter of 2024 to the third quarter of 2023 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Watsco Inc 's ROA in the third quarter of 2024?
Watsco Inc achieved a return on average assets (ROA) of 15.99 % in its third quarter of 2024, this is above WSO's average return on assets of 13.67%.
Watsco Inc s assets during the 12 months ending in the third quarter of 2024 are valued at $3 billion

ROA decreased relative to the period ending Jun 30 2024, due to the decline in net income.

However, within the Capital Goods sector 22 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Sep 30 2024 quarter, so far to 258, from total ROA ranking in the second quarter of 2024 at 287.

What is ROA?


Return On Assets (Sep 30 2024)
III. Quarter
(Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
Y / Y Total Assets Change 11.95 % 6.43 % 14.32 % 5.95 % 12.34 %
Y / Y Net Income Change 0.51 % 4.5 % -20.03 % -37.8 % 7.76 %
Net Income (TTM) in million 618 617 608 634 694
Return On Assets (TTM) 15.99 % 16.43 % 16.45 % 17.75 % 19.67 %
WSO's Total Ranking # 258 # 287 # 299 # 302 # 248
Total Assets (TTM) in million 4,119 4,014 3,976 3,363 3,679
Seq. Total Assets Change 2.63 % 0.94 % 18.24 % -8.6 % -2.44 %
Seq. Net Income Change -6.06 % 105.88 % 6.67 % -51.28 % -2.33 %



Return On Assets Company Ranking
Within: No.
Industry # 3
Sector # 23
Overall # 256

Return On Assets Statistics
High Average Low
19.64 %
13.67 %
10.53 %
(Dec 31 2022)   (Dec 31 2013)





Financial Statements
Watsco Inc 's Assets $ 4,119 million WSO's Balance sheet
Watsco Inc 's Income $ 202 million Quarterly WSO's Income Statement
WSO's Income by Division See WSO's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
Y / Y Total Assets Change 5.95 % 12.58 % 23.76 % -10.88 % 18.28 %
Total Assets in million 3,363 3,174 2,819 2,278 2,556
Y / Y Net Income Change -9.88 % 41.1 % 54.32 % 9.26 % -0.25 %
Net Income in million 634 704 499 323 296
Annual Return On Assets 18.86 % 22.17 % 17.69 % 14.19 % 11.57 %




Comment on WSO's ROA in the fiscal year ending 2023
In the fiscal year 2023 Watsco Inc 's ROA decreased compared to previous year to 18.86 %, due to deterioration of net income -9.88 % to $634.14 million, from $703.70 million a year ago, as WSO's assets were $3,362.69 million.


More Return On Assets Ratios
WSO's' Return on Assets at Yahoo Finance
Miscellaneous Manufacturing Industry Return On Assets Trends and Statistics
Capital Goods Sector Roa Statistics
Roa Trends for overall market
WSO's Roa Ratio versus Miscellaneous Manufacturing Industry, Capital Goods Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for WSO's Competitors
Roa for Watsco Inc 's Suppliers
Return On Assets for WSO's Customers

You may also want to know
WSO's Roi WSO's Inventory Turnover Ratio WSO's Growth Rates WSO's Dividend Comparisons
WSO's Profitability Ratios WSO's Asset Turnover Ratio WSO's Dividend Growth
WSO's Roe WSO's Valuation Ratios WSO's Financial Strength Ratios WSO's Dividend Payout Ratio



Companies with similar Return On Assets at Sep 30 2024, within Capital Goods Sector ROA
Triumph Group Inc   33.27 %
Dover Corp  29.44 %
Nvr Inc   25.11 %
Lennox International Inc  24.47 %
Cpi Aerostructures Inc   24.05 %
Nextracker Inc   23.71 %
Blue Bird Corporation  22.45 %
Illinois Tool Works Inc  22.09 %
Lam Research Corporation  21.54 %
Ies Holdings Inc   20.47 %
Aaon Inc   19.40 %
Green Brick Partners Inc   18.77 %
Pultegroup Inc  17.44 %
Powell Industries Inc   17.35 %
Graco Inc   17.15 %
Garmin Ltd  17.12 %
Axcelis Technologies Inc  17.03 %
Taylor Devices Inc   16.28 %
Atkore Inc   15.85 %
Sturm Ruger And Co Inc  15.68 %
Badger Meter Inc   15.49 %
Advanced Drainage Systems Inc   14.79 %
Watsco Inc   14.55 %
Lincoln Electric Holdings Inc  13.95 %
D r Horton Inc   13.83 %
Snap on Inc  13.62 %
Emcor Group Inc   13.38 %
Applied Industrial Technologies Inc   13.25 %
Brady Corp  13.17 %
Installed Building Products Inc   12.60 %


Date modified: 2024-11-02T13:25:28+00:00


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