Watsco, Inc.

WSO Industrials Industrial Distribution

Watsco, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.2 billion, down 4.98% from fiscal 2024.

Revenue
+7.42%
EPS
−11.5%
Free cash flow
−8.87%
Total debt
+815.5%

Quarter to September 2026, against a year earlier

311.78 7.74 −2.42%
Market cap
$13.0B
P/E
27.0×
Fwd P/E
26.4×
Dividend yield
4.14%
F-score
6/9
Altman Z
9.62
Beneish M
−2.48
Dividend safety
56/100

Watsco, Inc. (WSO) Return on equity

Alert me on Return on equity

Watsco, Inc.'s return on equity over the twelve months to 30 September 2026 was 12.8%, down 3.1 percentage points from fiscal 2025 (15.8%). Over the past ten years it has ranged from 13.6% (fiscal 2019) to 25.9% (fiscal 2022); the current reading is higher than 64% of that period. That is in line with the Industrial Distribution industry median of 13.2% and above the Industrials sector median of 3.71%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 15.8% (3.07)
FY2024 18.9% (3.17)
FY2023 22.1% (3.85)
FY2022 25.9% 5.69
FY2021 20.2% 6.11
FY2020 14.1% 0.50
FY2019 13.6% (0.56)
FY2018 14.2% 0.55
FY2017 13.6% (0.07)
FY2016 13.7% 0.04

Against its own ten years

Low 13.6% High 25.9%
Ten-year median 14.2%
Current reading's percentile 64

Return on equity against peers

Company Return on equity
POOL Pool Corporation compare 30.2%
CNM Core & Main, Inc. compare 22.6%
AIT Applied Industrial Technologies, Inc. compare 22.5%
MSM MSC Industrial Direct Company, Inc. compare 15.8%
WCC WESCO International, Inc. compare 15.5%
WSO.B Watsco, Inc. compare 13.2%
WSO Watsco, Inc. 12.8%
XMTR Xometry, Inc. compare −3.89%
QXO QXO, Inc. compare −7.22%
Industrial Distribution industry median 13.2%
Industrials sector median 3.71%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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