• Watsco average return on investment for 2023 was 20.67, a 8.5% decline from 2022.
• Watsco average return on investment for 2022 was 22.59, a 30.2% decline from 2021.
• Watsco average return on investment for 2021 was 17.35, a 38.36% increase from 2020.

Roi - return on investment can be defined as an indicator of how profitable a company is relative to its assets invested by shareholders and long-term bond holders. Calculated by dividing a company's operating earnings by its long-term debt and shareholders equity.