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Watsco Inc
NYSE:WSO

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Watsco Inc
NYSE:WSO
Watchlist
Price: 433.8 USD -1.54%
Updated: Apr 25, 2024

ROA
Return on Assets

13.8%
Current
14%
Average
3%
Industry
Positive for the last year
13.8%
Positive average
14%
Worse than average
Better than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
13.8%
=
Net Income
499.4m
/
Total Assets
3.8B

ROA Across Competitors

ROA Comparison
Watsco Inc Competitors

Country US
Market Cap 17.4B USD
ROA
14%
Country JP
Market Cap 14.4T JPY
ROA
4%
Country JP
Market Cap 11.1T JPY
ROA
6%
Country JP
Market Cap 10T JPY
ROA
5%
Country US
Market Cap 47.3B USD
ROA
23%
Country US
Market Cap 44.1B USD
ROA
10%
Country UK
Market Cap 33.9B GBP
ROA
11%
Country IN
Market Cap 3.5T INR
ROA
3%
Country US
Market Cap 38.8B USD
ROA
25%
Country UK
Market Cap 25.5B GBP
ROA
8%
Country JP
Market Cap 4.7T JPY
ROA
5%

Profitability Report

View the profitability report to see the full profitability analysis for Watsco Inc.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
13.8%
=
Net Income
499.4m
/
Total Assets
3.8B
What is the ROA of Watsco Inc?

Based on Watsco Inc's most recent financial statements, the company has ROA of 13.8%.