Return On Equity ratio Analysis of Watsco Inc. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Good ROE
26.52
Period Ending - Dec-22
Very Good ROE
31.82
Growth
-16.64 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Good ROE
23.13
Most recent Quarter ROE
Period Ending - Mar-24
Indecisive ROE
3.17
ROE Analysis of Watsco Inc.
| ROE Ratio of Watsco Inc. with value of 23.13 means its generates profits efficiently by using its Shareholders Fund. |
| ROE Ratio of WSO-B has fallen by -16.64 % Compared to previous Financial Year. |
| ROE Ratio with value of 31.82 was highest in Year Dec-22 in last Five Years. |
| ROE Ratio with value of 17.13 was lowest in Year Dec-19 in last Five Years. |
| Latest ROE Ratio with value of 26.52 is Greater than Average ROE of 23.76 in last five years. |
Other ROE Related Info of WSO-B that may interest you.
Watsco Inc. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| WSO-B | 390.85 | 390.85 | 0 % | Industrial Distribution |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Very Low Profitability Stock | |
FY - Historical Return On Equity of Watsco Inc.
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 26.52 | 31.82 | 25.16 | 18.13 | 17.13 | 18.02 | 16.04 |
| Change | -16.64 % | 26.46 % | 38.77 % | 5.83 % | -4.93 % | 12.35 % | -11.73 % |
FY Chart of Return On Equity of Watsco Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)