Watsco Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	433.28	526.27	210.11	147.51	118.27
Short-Term Investments	300	255.67	-	-	-
Cash & Short-Term Investments	733.28	781.94	210.11	147.51	118.27
Cash Growth	-6.22%	272.15%	42.44%	24.72%	-19.03%
Receivables	796.18	877.94	797.83	747.11	698.46
Inventory	1,386	1,385	1,347	1,370	1,115
Other Current Assets	38.73	34.67	36.7	33.95	29.21
Total Current Assets	2,955	3,080	2,392	2,299	1,961
Property, Plant & Equipment	588.56	559.67	504.98	442.74	379.55
Long-Term Investments	190.2	171.19	148.78	134.48	117.6
Goodwill	462.51	451.86	457.15	430.71	434.02
Other Intangible Assets	210.43	208.47	218.15	175.19	186.9
Other Long-Term Assets	8.6	8.35	8.2	6.36	6.4
Total Assets	4,415	4,480	3,729	3,488	3,086
Accounts Payable	350.43	490.88	369.4	456.13	364.19
Accrued Expenses	231.46	361.46	220.96	282.37	261.32
Current Portion of Long-Term Debt	-	-	-	56.4	-
Current Portion of Leases	117.15	110.27	100.27	90.6	84.5
Other Current Liabilities	18.71	21.29	21.39	21.02	16.71
Total Current Liabilities	717.74	983.9	712.01	906.52	726.72
Long-Term Debt	-	-	15.4	-	89
Long-Term Leases	361.64	337.19	289.13	243.53	196.21
Long-Term Deferred Tax Liabilities	105.2	86.3	87.86	81.36	68.65
Other Long-Term Liabilities	8.16	7.89	8.59	8.52	7.86
Total Liabilities	1,193	1,415	1,113	1,240	1,088
Common Stock	22.32	22.22	22.13	21.81	21.84
Additional Paid-In Capital	1,563	1,472	1,153	973.06	1,004
Retained Earnings	1,319	1,296	1,183	1,030	760.8
Treasury Stock	-73.23	-73.48	-86.63	-87.44	-87.44
Comprehensive Income & Other	-50.31	-59.89	-42.33	-47.71	-34.18
Total Common Equity	2,781	2,657	2,230	1,889	1,665
Minority Interest	440.69	407.25	386.35	359.04	332.47
Shareholders' Equity	3,222	3,064	2,616	2,248	1,997
Total Liabilities & Equity	4,415	4,480	3,729	3,488	3,086
Total Debt	478.79	447.46	404.79	390.53	369.71
Net Cash (Debt)	254.5	334.48	-194.68	-243.02	-251.45
Net Cash Growth	-23.91%	-	-	-	-
Net Cash Per Share	6.71	8.92	-5.33	-6.81	-7.10
Filing Date Shares Outstanding	37.94	37.78	36.76	36.24	35.41
Total Common Shares Outstanding	37.91	37.75	36.75	36.21	35.34
Working Capital	2,237	2,096	1,680	1,392	1,235
Book Value Per Share	73.36	70.39	60.67	52.18	47.11
Tangible Book Value	2,108	1,997	1,555	1,283	1,044
Tangible Book Value Per Share	55.61	52.90	42.30	35.44	29.54
Land	0.68	0.68	0.68	0.68	0.68
Buildings	110.98	103.39	100.09	93.03	85.86
Machinery	298.31	285.97	256.81	228.19	198.28

Source: S&P Global Market Intelligence. Standard template. Financial Sources.