Watsco WSO Return on invested capital

Return on invested capital at other companies

Lennox InternationalLII

35.7%-10.7pp

Trane TechnologiesTT

31%+5.9pp

Ferguson EnterprisesFERG

19.1%—

SPX TechnologiesSPXC

11.3%+0.7pp

Carrier GlobalCARR

6.9%0.0pp

CSW Industrials, Inc.CSW

9.3%-4.3pp

FAQ

What is Watsco's return on invested capital?

Watsco (WSO) reported return on invested capital of 20.5% in Q1 2026.

How has Watsco's return on invested capital changed year-over-year?

Watsco's return on invested capital decreased by 9.2% year-over-year, from 22.6% to 20.5%.

What is the long-term trend for Watsco's return on invested capital?

Over 5 years (2020 to 2025), Watsco's return on invested capital has grown at a -2.1% compound annual growth rate (CAGR), from 20.1% to 18.1%.

What does return on invested capital mean?

Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.