Watsco Ratios and Metrics

Market cap in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 18, 2026	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
Market Capitalization	74,693	70,458	112,434	76,352	46,601	61,584
Market Cap Growth	-30.06%	-37.33%	47.26%	63.84%	-24.33%	47.65%
Enterprise Value	75,677	72,771	114,561	80,018	49,845	64,446
Last Close Price	78.70	75.59	116.46	73.65	43.32	64.89
PE Ratio	29.21	27.56	36.44	31.51	16.03	28.96
PS Ratio	1.87	1.77	2.39	2.16	1.21	1.76
PB Ratio	4.21	3.97	5.93	6.02	3.92	5.53
P/TBV Ratio	6.43	6.07	9.11	10.12	6.87	10.59
P/FCF Ratio	25.34	23.91	24.47	29.89	16.44	34.10
P/OCF Ratio	23.81	22.46	23.51	28.00	15.41	31.62
EV/Sales Ratio	1.98	1.83	2.43	2.26	1.30	1.84
EV/EBITDA Ratio	15.64	17.91	23.48	20.45	11.20	18.14
EV/EBIT Ratio	19.83	19.03	24.76	21.38	11.64	18.98
EV/FCF Ratio	25.68	24.69	24.93	31.32	17.58	35.69
Debt / Equity Ratio	0.15	0.15	0.15	0.16	0.17	0.19
Debt / EBITDA Ratio	0.54	0.54	0.48	0.44	0.41	0.50
Debt / FCF Ratio	0.90	0.90	0.60	0.77	0.73	1.14
Net Debt / Equity Ratio	-0.08	-0.08	-0.11	0.07	0.11	0.13
Net Debt / EBITDA Ratio	-0.34	-0.34	-0.42	0.24	0.29	0.39
Net Debt / FCF Ratio	-0.48	-0.48	-0.45	0.37	0.45	0.78
Asset Turnover	1.63	1.63	1.86	2.02	2.21	2.26
Inventory Turnover	3.76	3.76	4.08	3.90	4.22	4.86
Quick Ratio	2.13	2.13	1.69	1.42	0.99	1.12
Current Ratio	4.12	4.12	3.13	3.36	2.54	2.70
Return on Equity (ROE)	18.69%	18.69%	22.38%	26.07%	33.15%	26.41%
Return on Assets (ROA)	9.75%	9.75%	11.39%	13.36%	15.40%	13.68%
Return on Invested Capital (ROIC)	17.83%	19.41%	21.39%	23.36%	28.99%	23.64%
Return on Capital Employed (ROCE)	18.80%	18.80%	21.40%	25.60%	31.40%	25.80%
Earnings Yield	3.42%	3.89%	2.95%	3.41%	6.82%	3.79%
FCF Yield	3.95%	4.18%	4.09%	3.35%	6.08%	2.93%
Dividend Yield	2.25%	85.25%	56.03%	64.57%	104.35%	65.47%
Payout Ratio	2.62%	95.33%	78.97%	71.34%	55.30%	70.30%
Buyback Yield / Dilution	-1.04%	-1.04%	-2.68%	-2.38%	-0.73%	-0.78%
Total Shareholder Return	1.21%	84.21%	53.35%	62.19%	103.61%	64.69%

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