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?