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Watsco Inc Asset Turnover Ratio
Quarterly Results, Trends, Rankings, Statistics
Due to the increase in investments during the third quarter 2024, Watsco Inc 's asset turnover ratio sequentially decreased to 1.93 in the third quarter (Sep 30 2024), this is lower than usual.
Within sector 4 more businesses have achieved higher asset turnover ratio. While Asset turnover ratio total ranking has improved so far during the III Quarter 2024, to 567, from total ranking in the second quarter 2024 at 1420.
Asset Turnover Ratio Definition
Select the Comparisons :
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Select the Ratio:
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WSO Asset Turnover Ratio |
(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 Asset Change |
11.95 % |
6.43 % |
14.32 % |
5.95 % |
12.34 % |
Y / Y Revenue Change |
1.56 % |
6.8 % |
0.93 % |
1.39 % |
4.47 % |
Asset Turnover Ratio (TTM) |
1.93 |
1.98 |
1.97 |
2.04 |
2.06 |
WSO's Total
Ranking |
# 567 |
# 1420 |
# 1224 |
# 124 |
# 232 |
Seq. Asset Change |
2.63 % |
0.94 % |
18.24 % |
-8.6 % |
-2.44 % |
Seq. Revenue Change |
0.97 % |
36.7 % |
-2.38 % |
-24.62 % |
6.18 % |
Asset Turnover Ratio Statistics |
High |
Average |
Low |
8.89 |
8.32 |
7.96 |
(Dec. 30, 2014) |
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(Jun 30 2020) |
Companies with similar Asset Turnover Ratio for the quarter ending Sep 30 2024, within Capital Goods Sector | Asset Turnover Ratio | Revenues for 12 Months ending Sep 30 2024 | Assets at quarter ending Sep 30 2024 | Blue Bird Corporation | 2.87 | $ 1,347.154 Millions | $ 470.181 Millions | Ies Holdings Inc | 2.54 | $ 2,884.358 Millions | $ 1,135.636 Millions | Fluor Corporation | 2.35 | $ 16,226.000 Millions | $ 6,896.000 Millions | Myr Group inc | 2.23 | $ 3,535.156 Millions | $ 1,584.634 Millions | Shimmick Corporation | 2.22 | $ 831.556 Millions | $ 373.974 Millions | Emcor Group Inc | 2.06 | $ 14,232.849 Millions | $ 6,922.887 Millions | Hyster yale Inc | 2.01 | $ 4,267.900 Millions | $ 2,121.450 Millions | Orion Group Holdings Inc | 1.88 | $ 745.953 Millions | $ 397.039 Millions | Miller Industries Inc | 1.87 | $ 1,331.129 Millions | $ 711.814 Millions | Watsco Inc | 1.76 | $ 7,467.552 Millions | $ 4,249.775 Millions | Dycom Industries Inc | 1.70 | $ 4,753.599 Millions | $ 2,792.466 Millions | Limbach Holdings Inc | 1.70 | $ 517.822 Millions | $ 305.496 Millions | Lennox International Inc | 1.67 | $ 5,151.100 Millions | $ 3,079.700 Millions | Comfort Systems Usa inc | 1.65 | $ 6,517.238 Millions | $ 3,958.789 Millions | Englobal Corporation | 1.58 | $ 27.927 Millions | $ 17.636 Millions | Matrix Service Co | 1.58 | $ 696.133 Millions | $ 441.587 Millions | Fluence Energy Inc | 1.56 | $ 2,698.080 Millions | $ 1,734.370 Millions | Nvr Inc | 1.55 | $ 10,111.441 Millions | $ 6,508.840 Millions | Applied Industrial Technologies Inc | 1.55 | $ 4,481.653 Millions | $ 2,898.207 Millions | United Homes Group Inc | 1.54 | $ 443.626 Millions | $ 288.126 Millions | Wabash National Corporation | 1.54 | $ 2,124.818 Millions | $ 1,383.998 Millions | Primoris Services Corporation | 1.53 | $ 6,140.083 Millions | $ 4,018.014 Millions | Trans lux Corporation | 1.52 | $ 12.894 Millions | $ 8.455 Millions | Siteone Landscape Supply Inc | 1.48 | $ 4,490.500 Millions | $ 3,035.475 Millions | Installed Building Products Inc | 1.44 | $ 2,909.897 Millions | $ 2,020.550 Millions | Sci Engineered Materials inc | 1.40 | $ 22.493 Millions | $ 16.123 Millions | Dream Finders Homes Inc | 1.39 | $ 4,028.413 Millions | $ 2,897.308 Millions | Granite Construction Inc | 1.39 | $ 3,961.081 Millions | $ 2,855.217 Millions | Marine Products Corporation | 1.38 | $ 258.409 Millions | $ 187.471 Millions | Quanta Services Inc | 1.38 | $ 22,902.721 Millions | $ 16,643.757 Millions |
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