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Watsco Inc
NYSE:WSO

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Watsco Inc
NYSE:WSO
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Price: 401.93 USD -0.5% Market Closed
Updated: Apr 19, 2024

ROE
Return on Equity

24.3%
Current
26%
Average
7.5%
Industry
Positive for the last year
24.3%
Positive average
26%
Worse than average
Better than industry value

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
24.3%
=
Net Income
499.4m
/
Equity
2.1B

ROE Across Competitors

ROE Comparison
Watsco Inc Competitors

Country US
Market Cap 15.8B USD
ROE
24%
Country JP
Market Cap 14.3T JPY
ROE
11%
Country JP
Market Cap 10.7T JPY
ROE
15%
Country JP
Market Cap 9.4T JPY
ROE
15%
Country US
Market Cap 46.2B USD
ROE
66%
Country UK
Market Cap 34.2B GBP
ROE
35%
Country US
Market Cap 42.6B USD
ROE
32%
Country IN
Market Cap 3.5T INR
ROE
10%
Country US
Market Cap 38.6B USD
ROE
35%
Country UK
Market Cap 24B GBP
ROE
26%
Country JP
Market Cap 4.6T JPY
ROE
13%

Profitability Report

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

See Also

Discover More
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
24.3%
=
Net Income
499.4m
/
Equity
2.1B
What is the ROE of Watsco Inc?

Based on Watsco Inc's most recent financial statements, the company has ROE of 24.3%.