WSO-B
Watsco, Inc.
Price Chart
Latest Quote
$350.00
| Previous Close | $350.00 |
| Open | $350.00 |
| Day High | $350.00 |
| Day Low | $350.00 |
| Volume | 1 |
Stock Information
| Quarterly Dividend / Yield | $13.20 / 3.77% |
| Shares Outstanding | 5.65M |
| Quarterly Dividend Yield | 3.77% |
| Quarterly Dividend | $13.20 |
| Total Debt | $486.23M |
| Cash Equivalents | $592.68M |
| Revenue | $7.24B |
| Net Income | $462.34M |
| Sector | Industrials |
| Industry | Industrial Distribution |
| Market Cap | $14.23B |
| P/E Ratio | 28.74 |
| EPS (TTM) | $12.18 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $14.58B |
| Sales | $7.24B |
| Income | $462.34M |
| Book/sh | $67.94 |
| Cash/sh | $104.83 |
| Employees | 7K |
Financial Ratios
| Quick Ratio | 1.50 |
| Current Ratio | 3.34 |
| Debt/Eq | 15.12 |
| EPS Growth TTM | -1.20% |
Returns & Margins
| ROA | 9.50% |
| ROE | 18.59% |
| Gross Margin | 28.01% |
| Operating Margin | 6.85% |
| Profit Margin | 6.85% |
Ownership
| Insider Ownership | 93.08% |
| Institutional Ownership | 0.49% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| PEG | 1.38 |
| P/S | 1.97 |
| P/B | 5.15 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $415.79 |
| SMA50 | $397.76 |
| SMA200 | $383.38 |
| ATR | 7.3836 |
| Shares Float | 35.58M |
| Short Ratio | 3.57 |
| Volatility | 1.10 |
Performance History
| Week | -13.33% |
| Month | -22.22% |
| Quarter | -15.76% |
| 6 Months | +1.28% |
| YTD | +5.06% |
| Year | -19.74% |
| 3 Years | +18.75% |
| 5 Years | +38.05% |
| 10 Years | +259.69% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-03 | $350.00 | 0 |
| 2026-06-02 | $350.00 | 100 |
| 2026-06-01 | $403.83 | 0 |
| 2026-05-29 | $403.83 | 0 |
| 2026-05-28 | $403.83 | 0 |
| 2026-05-27 | $403.83 | 0 |
| 2026-05-26 | $403.83 | 0 |
| 2026-05-22 | $403.83 | 0 |
| 2026-05-21 | $403.83 | 0 |
| 2026-05-20 | $403.83 | 0 |
| 2026-05-19 | $403.83 | 0 |
| 2026-05-18 | $403.83 | 0 |
| 2026-05-15 | $403.83 | 100 |
| 2026-05-14 | $453.37 | 0 |
| 2026-05-13 | $453.37 | 0 |
| 2026-05-12 | $453.37 | 0 |
| 2026-05-11 | $453.37 | 0 |
| 2026-05-08 | $453.37 | 0 |
| 2026-05-07 | $453.37 | 0 |
| 2026-05-06 | $453.37 | 0 |
| 2026-05-05 | $453.37 | 100 |
| 2026-05-04 | $450.00 | 0 |
About Watsco, Inc.
Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, and refrigeration equipment, and related parts and supplies in the United States, Canada, Latin America, and the Caribbean. It distributes equipment, including residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. The company also offers parts comprising replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation materials, refrigerants, ductworks, grills, registers, sheet metals, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies, as well as plumbing and bathroom remodeling supplies. It serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. Watsco, Inc. was incorporated in 1956 and is headquartered in Miami, Florida.
đ° Latest News
Watsco Broadens HVAC Reach With Strategic Jackson Supply Buyout
Zacks âĸ 2026-06-03T13:50:00ZDividend Stocks To Consider In May 2026
Simply Wall St. âĸ 2026-05-29T17:31:56ZWatsco (WSO) Down 11.1% Since Last Earnings Report: Can It Rebound?
Zacks âĸ 2026-05-28T15:30:21ZAllient, Watsco, Keysight, Gibraltar, and Limbach Shares Plummet, What You Need To Know
StockStory âĸ 2026-05-19T15:32:55ZWatsco's (NYSE:WSO) Anemic Earnings Might Be Worse Than You Think
Simply Wall St. âĸ 2026-05-16T12:19:30Z3 Profitable Stocks with Open Questions
StockStory âĸ 2026-05-12T10:44:55ZWatsco (WSO) Outperformed Despite a Challenging Environment
Insider Monkey âĸ 2026-05-06T14:14:03Z3 Dividend Stocks To Consider With At Least 3% Yield
Simply Wall St. âĸ 2026-04-30T17:32:07ZWatsco Inc (WSO) Q1 2026 Earnings Call Highlights: E-commerce Surge and Strategic Expansion ...
GuruFocus.com âĸ 2026-04-29T07:06:51ZWatsco Q1 Earnings Call Highlights
MarketBeat âĸ 2026-04-29T04:07:45ZIncome Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $5,573,604,000 | $5,291,627,000 | $5,244,055,000 | $4,612,647,000 |
| Cost Of Revenue | $5,573,604,000 | $5,291,627,000 | $5,244,055,000 | $4,612,647,000 |
| Total Revenue | $7,618,317,000 | $7,283,767,000 | $7,274,344,000 | $6,280,192,000 |
| Operating Revenue | $7,618,317,000 | $7,283,767,000 | $7,274,344,000 | $6,280,192,000 |
| Expenses | ||||
| Total Expenses | $6,867,043,000 | $6,515,134,000 | $6,465,437,000 | $5,670,963,000 |
| Other Income Expense | $30,501,000 | $26,177,000 | $22,671,000 | $19,299,000 |
| Other Non Operating Income Expenses | $30,501,000 | $26,177,000 | $22,671,000 | $19,299,000 |
| Net Non Operating Interest Income Expense | $20,869,000 | $-4,920,000 | $-2,165,000 | $-996,000 |
| Total Other Finance Cost | $-20,869,000 | $4,920,000 | $2,165,000 | - |
| Operating Expense | $1,293,439,000 | $1,223,507,000 | $1,221,382,000 | $1,058,316,000 |
| Interest Expense | - | $4,920,000 | $2,165,000 | $996,000 |
| Interest Expense Non Operating | - | $4,920,000 | $2,165,000 | $996,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $536,286,000 | $536,337,000 | $601,167,000 | $418,945,000 |
| Net Interest Income | $20,869,000 | $-4,920,000 | $-2,165,000 | $-996,000 |
| Normalized Income | $536,286,000 | $536,337,000 | $601,167,000 | $418,945,000 |
| Net Income From Continuing And Discontinued Operation | $536,286,000 | $536,337,000 | $601,167,000 | $418,945,000 |
| Total Operating Income As Reported | $781,775,000 | $794,810,000 | $831,578,000 | $628,528,000 |
| Average Dilution Earnings | $23,000 | $34,000 | $71,000 | $51,000 |
| Net Income Common Stockholders | $498,894,000 | $499,371,000 | $549,802,000 | $381,672,000 |
| Net Income | $536,286,000 | $536,337,000 | $601,167,000 | $418,945,000 |
| Net Income Including Noncontrolling Interests | $635,740,000 | $634,139,000 | $703,696,000 | $498,735,000 |
| Net Income Continuous Operations | $635,740,000 | $634,139,000 | $703,696,000 | $498,735,000 |
| Pretax Income | $802,644,000 | $789,890,000 | $829,413,000 | $627,532,000 |
| Operating Income | $751,274,000 | $768,633,000 | $808,907,000 | $609,229,000 |
| Gross Profit | $2,044,713,000 | $1,992,140,000 | $2,030,289,000 | $1,667,545,000 |
| Per Share | ||||
| Diluted EPS | $12.36 | $12.65 | $14.17 | $9.83 |
| Basic EPS | $12.36 | $12.65 | $14.17 | $9.83 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $792,096,000 | $803,723,000 | $840,590,000 | $656,655,000 |
| Reconciled Depreciation | $40,822,000 | $35,090,000 | $31,683,000 | $28,127,000 |
| EBITDA (Bullshit earnings) | $792,096,000 | $803,723,000 | $840,590,000 | $656,655,000 |
| EBIT | $751,274,000 | $768,633,000 | $808,907,000 | $628,528,000 |
| Diluted Average Shares | $40,352,263 | $39,489,543 | $38,798,150 | $38,847,895 |
| Basic Average Shares | $40,352,263 | $39,489,543 | $38,798,150 | $38,847,895 |
| Diluted NI Availto Com Stockholders | $498,917,000 | $499,405,000 | $549,873,000 | $381,723,000 |
| Otherunder Preferred Stock Dividend | $37,392,000 | $36,966,000 | $51,365,000 | $37,273,000 |
| Minority Interests | $-99,454,000 | $-97,802,000 | $-102,529,000 | $-79,790,000 |
| Tax Provision | $166,904,000 | $155,751,000 | $125,717,000 | $128,797,000 |
| Selling General And Administration | $1,293,439,000 | $1,223,507,000 | $1,221,382,000 | $1,058,316,000 |
Balance Sheet (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $1,996,660,000 | $1,554,545,000 | $1,283,335,000 | $1,044,033,000 |
| Total Assets | $4,479,523,000 | $3,729,182,000 | $3,488,214,000 | $3,085,861,000 |
| Total Non Current Assets | $1,399,542,000 | $1,337,251,000 | $1,189,475,000 | $1,124,461,000 |
| Other Non Current Assets | $10,928,000 | $10,741,000 | $8,033,000 | $9,191,000 |
| Goodwill And Other Intangible Assets | $660,330,000 | $675,294,000 | $605,902,000 | $620,915,000 |
| Other Intangible Assets | $208,472,000 | $218,146,000 | $175,191,000 | $186,896,000 |
| Current Assets | $3,079,981,000 | $2,391,931,000 | $2,298,739,000 | $1,961,400,000 |
| Other Current Assets | $34,670,000 | $36,698,000 | $33,951,000 | $29,207,000 |
| Inventory | $1,385,436,000 | $1,347,289,000 | $1,370,173,000 | $1,115,469,000 |
| Receivables | $877,935,000 | $797,832,000 | $747,110,000 | $698,456,000 |
| Accounts Receivable | $877,935,000 | $797,832,000 | $747,110,000 | $698,456,000 |
| Cash Cash Equivalents And Short Term Investments | $781,940,000 | $210,112,000 | $147,505,000 | $118,268,000 |
| Cash And Cash Equivalents | $526,271,000 | $210,112,000 | $147,505,000 | $118,268,000 |
| Debt | ||||
| Total Debt | $447,463,000 | $404,792,000 | $390,529,000 | $369,714,000 |
| Long Term Debt And Capital Lease Obligation | $337,190,000 | $304,527,000 | $243,532,000 | $285,213,000 |
| Current Debt And Capital Lease Obligation | $110,273,000 | $100,265,000 | $146,997,000 | $84,501,000 |
| Long Term Debt | - | $15,400,000 | - | $89,000,000 |
| Current Debt | - | $100,265,000 | $56,400,000 | $84,501,000 |
| Other Current Borrowings | - | $100,265,000 | $56,400,000 | $84,501,000 |
| Net Debt | - | - | - | $55,233,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $1,415,285,000 | $1,112,992,000 | $1,239,936,000 | $1,088,446,000 |
| Total Non Current Liabilities Net Minority Interest | $431,384,000 | $400,980,000 | $333,414,000 | $361,724,000 |
| Other Non Current Liabilities | $94,194,000 | $96,453,000 | $89,882,000 | $76,511,000 |
| Current Liabilities | $983,901,000 | $712,012,000 | $906,522,000 | $726,722,000 |
| Payables And Accrued Expenses | $873,628,000 | $611,747,000 | $759,525,000 | $642,221,000 |
| Payables | $490,879,000 | $369,396,000 | $456,128,000 | $364,185,000 |
| Accounts Payable | $490,879,000 | $369,396,000 | $456,128,000 | $364,185,000 |
| Non Current Deferred Liabilities | - | $96,453,000 | $89,882,000 | $76,511,000 |
| Non Current Deferred Taxes Liabilities | - | $96,453,000 | $89,882,000 | $76,511,000 |
| Equity | ||||
| Common Stock Equity | $2,656,990,000 | $2,229,839,000 | $1,889,237,000 | $1,664,948,000 |
| Total Equity Gross Minority Interest | $3,064,238,000 | $2,616,190,000 | $2,248,278,000 | $1,997,415,000 |
| Stockholders Equity | $2,656,990,000 | $2,229,839,000 | $1,889,237,000 | $1,664,948,000 |
| Gains Losses Not Affecting Retained Earnings | $-59,893,000 | $-42,331,000 | $-47,710,000 | $-34,176,000 |
| Other Equity Adjustments | $-59,893,000 | $-42,331,000 | $-47,710,000 | $-34,176,000 |
| Retained Earnings | $1,295,972,000 | $1,183,207,000 | $1,029,516,000 | $760,796,000 |
| Long Term Equity Investment | $168,611,000 | $146,238,000 | $132,802,000 | $114,808,000 |
| Investments In Other Ventures Under Equity Method | - | - | - | $114,808,000 |
| Other | ||||
| Treasury Shares Number | $4,087,690 | $4,827,251 | $4,872,251 | $4,872,251 |
| Ordinary Shares Number | $40,352,263 | $39,489,543 | $38,798,150 | $38,847,895 |
| Share Issued | $44,439,953 | $44,316,794 | $43,670,401 | $43,720,146 |
| Tangible Book Value | $1,996,660,000 | $1,554,545,000 | $1,283,335,000 | $1,044,033,000 |
| Invested Capital | $2,656,990,000 | $2,245,239,000 | $1,945,637,000 | $1,753,948,000 |
| Working Capital | $2,096,080,000 | $1,679,919,000 | $1,392,217,000 | $1,234,678,000 |
| Capital Lease Obligations | $447,463,000 | $389,392,000 | $334,129,000 | $280,714,000 |
| Total Capitalization | $2,656,990,000 | $2,245,239,000 | $1,889,237,000 | $1,753,948,000 |
| Minority Interest | $407,248,000 | $386,351,000 | $359,041,000 | $332,467,000 |
| Treasury Stock | $73,479,000 | $86,630,000 | $87,440,000 | $87,440,000 |
| Additional Paid In Capital | $1,472,170,000 | $1,153,459,000 | $973,060,000 | $1,003,932,000 |
| Capital Stock | $22,220,000 | $22,134,000 | $21,811,000 | $21,836,000 |
| Common Stock | $22,220,000 | $22,134,000 | $21,811,000 | $21,836,000 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Long Term Capital Lease Obligation | $337,190,000 | $289,127,000 | $243,532,000 | $196,213,000 |
| Current Capital Lease Obligation | $110,273,000 | $100,265,000 | $90,597,000 | $84,501,000 |
| Current Accrued Expenses | $382,749,000 | $242,351,000 | $303,397,000 | $278,036,000 |
| Investments And Advances | $168,611,000 | $146,238,000 | $132,802,000 | $114,808,000 |
| Goodwill | $451,858,000 | $457,148,000 | $430,711,000 | $434,019,000 |
| Net PPE | $559,673,000 | $504,978,000 | $442,738,000 | $379,547,000 |
| Accumulated Depreciation | $-249,508,000 | $-221,346,000 | $-196,479,000 | $-173,790,000 |
| Gross PPE | $809,181,000 | $726,324,000 | $639,217,000 | $553,337,000 |
| Other Properties | $419,138,000 | $368,748,000 | $317,314,000 | $268,528,000 |
| Machinery Furniture Equipment | $285,973,000 | $256,814,000 | $228,194,000 | $198,276,000 |
| Buildings And Improvements | $103,394,000 | $100,086,000 | $93,033,000 | $85,857,000 |
| Land And Improvements | $676,000 | $676,000 | $676,000 | $676,000 |
| Properties | $0 | $0 | $0 | $0 |
| Other Short Term Investments | $255,669,000 | $0 | - | - |
Cash Flow Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $743,012,000 | $526,476,000 | $536,312,000 | $324,102,000 |
| Operating Activities | ||||
| Operating Cash Flow | $773,102,000 | $561,954,000 | $571,964,000 | $349,566,000 |
| Cash Flow From Continuing Operating Activities | $773,102,000 | $561,954,000 | $571,964,000 | $349,566,000 |
| Operating Gains Losses | $-21,230,000 | $-17,458,000 | $-17,549,000 | $-13,795,000 |
| Investing Activities | ||||
| Capital Expenditure | $-30,090,000 | $-35,478,000 | $-35,652,000 | $-25,464,000 |
| Investing Cash Flow | $-290,670,000 | $-41,343,000 | $-33,836,000 | $-148,577,000 |
| Cash Flow From Continuing Investing Activities | $-290,670,000 | $-41,343,000 | $-33,836,000 | $-148,577,000 |
| Capital Expenditure Reported | $-30,090,000 | $-35,478,000 | $-35,652,000 | $-25,464,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-39,673,000 | $-2,828,000 | $-87,107,000 | $-1,092,000 |
| Issuance Of Capital Stock | $281,784,000 | $15,179,000 | $0 | $21,014,000 |
| Financing Cash Flow | $-158,530,000 | $-460,076,000 | $-503,958,000 | $-228,602,000 |
| Cash Flow From Continuing Financing Activities | $-158,530,000 | $-460,076,000 | $-503,958,000 | $-228,602,000 |
| Net Other Financing Charges | $13,224,000 | $-73,019,000 | $-69,184,000 | $-40,962,000 |
| Cash Dividends Paid | $-423,521,000 | $-382,646,000 | $-332,447,000 | $-294,522,000 |
| Common Stock Dividend Paid | $-423,521,000 | $-382,646,000 | $-332,447,000 | $-294,522,000 |
| Net Common Stock Issuance | $242,111,000 | $12,351,000 | $-87,107,000 | $19,922,000 |
| Common Stock Issuance | $281,784,000 | $15,179,000 | $0 | $21,014,000 |
| Other | ||||
| Repayment Of Debt | $-21,427,000 | $-61,289,000 | $-35,642,000 | $-2,040,000 |
| Interest Paid Supplemental Data | $969,000 | $10,115,000 | $3,505,000 | $913,000 |
| Income Tax Paid Supplemental Data | $124,599,000 | $188,443,000 | $105,736,000 | $124,984,000 |
| End Cash Position | $526,271,000 | $210,112,000 | $147,505,000 | $118,268,000 |
| Beginning Cash Position | $210,112,000 | $147,505,000 | $118,268,000 | $146,067,000 |
| Effect Of Exchange Rate Changes | $-7,743,000 | $2,072,000 | $-4,933,000 | $-186,000 |
| Changes In Cash | $323,902,000 | $60,535,000 | $34,170,000 | $-27,613,000 |
| Proceeds From Stock Option Exercised | $31,083,000 | $29,127,000 | $20,422,000 | $21,014,000 |
| Common Stock Payments | $-39,673,000 | $-2,828,000 | $-87,107,000 | $-1,092,000 |
| Net Issuance Payments Of Debt | $-21,427,000 | $-45,889,000 | $-35,642,000 | $86,960,000 |
| Net Long Term Debt Issuance | $-21,427,000 | $-45,889,000 | $-35,642,000 | $86,960,000 |
| Long Term Debt Payments | $-21,427,000 | $-61,289,000 | $-35,642,000 | $-2,040,000 |
| Net Investment Purchase And Sale | $-255,669,000 | $-500,000 | $0 | $4,993,000 |
| Purchase Of Investment | $-255,669,000 | $-500,000 | $0 | $-1,000,000 |
| Net Business Purchase And Sale | $-5,173,000 | $-6,671,000 | $-47,000 | $-129,462,000 |
| Purchase Of Business | $-5,173,000 | $-6,671,000 | $-47,000 | $-129,462,000 |
| Net PPE Purchase And Sale | $262,000 | $1,306,000 | $1,863,000 | $1,356,000 |
| Sale Of PPE | $262,000 | $1,306,000 | $1,863,000 | $1,356,000 |
| Change In Working Capital | $78,234,000 | $-119,796,000 | $-196,692,000 | $-201,693,000 |
| Change In Other Working Capital | $7,702,000 | $13,661,000 | $1,329,000 | $-10,438,000 |
| Change In Payables And Accrued Expense | $197,765,000 | $-162,042,000 | $121,993,000 | $182,819,000 |
| Change In Payable | $197,765,000 | $-162,042,000 | $121,993,000 | $182,819,000 |
| Change In Account Payable | $197,765,000 | $-162,042,000 | $121,993,000 | $182,819,000 |
| Change In Inventory | $-41,678,000 | $64,620,000 | $-259,860,000 | $-243,660,000 |
| Change In Receivables | $-85,555,000 | $-36,035,000 | $-60,154,000 | $-130,414,000 |
| Changes In Account Receivables | $-85,555,000 | $-36,035,000 | $-60,154,000 | $-130,414,000 |
| Stock Based Compensation | $35,022,000 | $30,000,000 | $28,821,000 | $25,365,000 |
| Provisionand Write Offof Assets | $4,285,000 | $7,158,000 | $8,539,000 | $6,888,000 |
| Deferred Tax | $229,000 | $-7,179,000 | $13,466,000 | $5,939,000 |
| Deferred Income Tax | $229,000 | $-7,179,000 | $13,466,000 | $5,939,000 |
| Depreciation Amortization Depletion | $40,822,000 | $35,090,000 | $31,683,000 | $28,127,000 |
| Depreciation And Amortization | $40,822,000 | $35,090,000 | $31,683,000 | $28,127,000 |
| Amortization Cash Flow | $5,431,000 | $4,323,000 | $4,709,000 | $5,561,000 |
| Amortization Of Intangibles | $5,431,000 | $4,323,000 | $4,709,000 | $5,561,000 |
| Depreciation | $35,391,000 | $30,767,000 | $26,974,000 | $22,566,000 |
| Pension And Employee Benefit Expense | $8,735,000 | $8,862,000 | $6,746,000 | $5,154,000 |
| Earnings Losses From Equity Investments | $-30,501,000 | $-26,177,000 | $-22,671,000 | $-19,299,000 |
| Gain Loss On Sale Of PPE | $536,000 | $-143,000 | $-1,624,000 | $350,000 |
| Net Income From Continuing Operations | $635,740,000 | $634,139,000 | $703,696,000 | $498,735,000 |
| Issuance Of Debt | - | $15,400,000 | $0 | $89,000,000 |
| Long Term Debt Issuance | - | $15,400,000 | $0 | $89,000,000 |
| Sale Of Investment | - | $0 | $0 | $5,993,000 |
| Net Short Term Debt Issuance | - | - | $-32,600,000 | $89,000,000 |