What is Watsco Inc's ROI in the third quarter of 2024?
Watsco Inc achieved a return on average invested assets (ROI) of
16.85 % in its third quarter of 2024, this is above WSO's average return on investment of 15.46%.
Watsco Inc s investments during the 12 months ending in the third quarter of 2024 are valued at $3 billion
ROI decreased relative to the period ending Jun 30 2024, due to the decline in net income.
Within the
Capital Goods sector 22 other companies had a higher return on investment. While Return on investment, overall ranking has progressed in the Sep 30 2024 quarter, so far to
153, from total ROI ranking in the second quarter of 2024 at
363.
Definition and Formula of Return on Investment
| Return On Investment |
(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 Investment Change TTM |
13.3 % |
14.48 % |
15.23 % |
12.43 % |
10.07 % |
| Y / Y Net Income Change TTM |
-10.85 % |
-9.1 % |
28.37 % |
84.72 % |
272.52 % |
| Investment (TTM) in Millions |
3,948 |
3,785 |
3,635 |
3,307 |
3,498 |
| Return On Investment (TTM) |
16.85 % |
17.36 % |
17.49 % |
18.92 % |
21.42 % |
| WSO's Overall
Ranking |
# 153 |
# 363 |
# 368 |
# 187 |
# 327 |
| Seq. Investment Change TTM |
3.17 % |
2.27 % |
3.72 % |
3.52 % |
4.24 % |
| Seq. Net Income Change TTM |
0.17 % |
1.52 % |
-4.12 % |
-8.56 % |
2.13 % |
| Net Income (TTM) in Millions |
618 |
617 |
608 |
634 |
694 |
