Watsco Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	324.35	526.27	210.11	147.51	118.27	146.07
Short-Term Investments	200	255.67	-	-	-	-
Cash & Short-Term Investments	524.35	781.94	210.11	147.51	118.27	146.07
Cash Growth	-4.67%	272.15%	42.44%	24.72%	-19.03%	96.18%
Receivables	941.88	877.94	797.83	747.11	698.46	535.29
Inventory	1,602	1,385	1,347	1,370	1,115	781.3
Other Current Assets	47.95	34.67	36.7	33.95	29.21	21.79
Total Current Assets	3,116	3,080	2,392	2,299	1,961	1,484
Property, Plant & Equipment	565.84	559.67	504.98	442.74	379.55	307.39
Long-Term Investments	192.34	171.19	148.78	134.48	117.6	103.91
Goodwill	465.06	451.86	457.15	430.71	434.02	412.49
Other Intangible Assets	206.99	208.47	218.15	175.19	186.9	169.93
Other Long-Term Assets	8.51	8.35	8.2	6.36	6.4	6.18
Total Assets	4,555	4,480	3,729	3,488	3,086	2,484
Accounts Payable	411.41	490.88	369.4	456.13	364.19	251.55
Accrued Expenses	284.02	361.46	220.96	282.37	261.32	150.95
Current Portion of Long-Term Debt	-	-	-	56.4	-	-
Current Portion of Leases	116.7	110.27	100.27	90.6	84.5	71.8
Other Current Liabilities	0.02	21.29	21.39	21.02	16.71	12.84
Total Current Liabilities	812.14	983.9	712.01	906.52	726.72	487.15
Long-Term Debt	-	-	15.4	-	89	-
Long-Term Leases	340.81	337.19	289.13	243.53	196.21	144.34
Long-Term Deferred Tax Liabilities	100.12	86.3	87.86	81.36	68.65	62.55
Other Long-Term Liabilities	-	7.89	8.59	8.52	7.86	10.56
Total Liabilities	1,253	1,415	1,113	1,240	1,088	704.59
Common Stock	22.31	22.22	22.13	21.81	21.84	21.7
Additional Paid-In Capital	1,550	1,472	1,153	973.06	1,004	950.92
Retained Earnings	1,369	1,296	1,183	1,030	760.8	636.37
Treasury Stock	-73.23	-73.48	-86.63	-87.44	-87.44	-87.44
Comprehensive Income & Other	-53.53	-59.89	-42.33	-47.71	-34.18	-34.87
Total Common Equity	2,815	2,657	2,230	1,889	1,665	1,487
Minority Interest	486.83	407.25	386.35	359.04	332.47	293.08
Shareholders' Equity	3,302	3,064	2,616	2,248	1,997	1,780
Total Liabilities & Equity	4,555	4,480	3,729	3,488	3,086	2,484
Total Debt	457.51	447.46	404.79	390.53	369.71	216.14
Net Cash (Debt)	66.84	334.48	-194.68	-243.02	-251.45	-70.08
Net Cash Per Share	1.77	8.92	-5.33	-6.81	-7.10	-1.99
Filing Date Shares Outstanding	37.93	37.78	36.76	36.24	35.41	35.28
Total Common Shares Outstanding	37.93	37.75	36.75	36.21	35.34	35.19
Working Capital	2,304	2,096	1,680	1,392	1,235	997.3
Book Value Per Share	74.21	70.39	60.67	52.18	47.11	42.25
Tangible Book Value	2,143	1,997	1,555	1,283	1,044	904.26
Tangible Book Value Per Share	56.49	52.90	42.30	35.44	29.54	25.70
Land	-	0.68	0.68	0.68	0.68	0.74
Buildings	-	103.39	100.09	93.03	85.86	80.88
Machinery	-	285.97	256.81	228.19	198.28	174.43

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