Watsco Statistics
Total Valuation
Watsco has a market cap or net worth of $17.83 billion. The enterprise value is $17.76 billion.
Market Cap | 17.83B |
Enterprise Value | 17.76B |
Important Dates
The next estimated earnings date is Tuesday, July 30, 2024, before market open.
Earnings Date | Jul 30, 2024 |
Ex-Dividend Date | Jul 16, 2024 |
Share Statistics
Watsco has 40.05 million shares outstanding. The number of shares has increased by 14.01% in one year.
Shares Outstanding | 40.05M |
Shares Change (YoY) | +14.01% |
Shares Change (QoQ) | +12.37% |
Owned by Insiders (%) | 92.09% |
Owned by Institutions (%) | 0.48% |
Float | n/a |
Valuation Ratios
The trailing PE ratio is 34.22 and the forward PE ratio is 30.90. Watsco's PEG ratio is 3.31.
PE Ratio | 34.22 |
Forward PE | 30.90 |
PS Ratio | 2.44 |
Forward PS | 2.26 |
PB Ratio | 7.06 |
P/FCF Ratio | 26.20 |
PEG Ratio | 3.31 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 25.42, with an EV/FCF ratio of 26.10.
EV / Earnings | 34.60 |
EV / Sales | 2.43 |
EV / EBITDA | 25.42 |
EV / EBIT | 26.83 |
EV / FCF | 26.10 |
Financial Position
The company has a current ratio of 2.92, with a Debt / Equity ratio of 0.16.
Current Ratio | 2.92 |
Quick Ratio | 1.28 |
Debt / Equity | 0.16 |
Debt / EBITDA | 0.59 |
Debt / FCF | 0.60 |
Interest Coverage | 360.68 |
Financial Efficiency
Return on equity (ROE) is 22.80% and return on invested capital (ROIC) is 20.04%.
Return on Equity (ROE) | 22.80% |
Return on Assets (ROA) | 12.70% |
Return on Capital (ROIC) | 20.04% |
Revenue Per Employee | $982,911 |
Profits Per Employee | $69,127 |
Employee Count | 7,425 |
Asset Turnover | 1.80 |
Inventory Turnover | 3.26 |
Taxes
In the past 12 months, Watsco has paid $146.74 million in taxes.
Income Tax | 146.74M |
Effective Tax Rate | 22.23% |
Stock Price Statistics
The stock price has increased by +22.02% in the last 52 weeks. The beta is 0.87, so Watsco's price volatility has been lower than the market average.
Beta (5Y) | 0.87 |
52-Week Price Change | +22.02% |
50-Day Moving Average | 444.99 |
200-Day Moving Average | 410.18 |
Relative Strength Index (RSI) | 13.56 |
Average Volume (20 Days) | 29 |
Short Selling Information
The latest short interest is 38, so 0.00% of the outstanding shares have been sold short.
Short Interest | 38 |
Short Previous Month | 6 |
Short % of Shares Out | 0.00% |
Short % of Float | n/a |
Short Ratio (days to cover) | 2.85 |
Income Statement
In the last 12 months, Watsco had revenue of $7.30 billion and earned $513.27 million in profits. Earnings per share was $13.01.
Revenue | 7.30B |
Gross Profit | 1.97B |
Operating Income | 756.61M |
Pretax Income | 660.01M |
Net Income | 513.27M |
EBITDA | 698.63M |
EBIT | 661.85M |
Earnings Per Share (EPS) | $13.01 |
Balance Sheet
The company has $478.86 million in cash and $409.21 million in debt, giving a net cash position of $69.65 million or $1.74 per share.
Cash & Cash Equivalents | 478.86M |
Total Debt | 409.21M |
Net Cash | 69.65M |
Net Cash Per Share | $1.74 |
Equity (Book Value) | 2.53B |
Book Value Per Share | 63.08 |
Working Capital | 1.97B |
Cash Flow
In the last 12 months, operating cash flow was $713.08 million and capital expenditures -$32.51 million, giving a free cash flow of $680.57 million.
Operating Cash Flow | 713.08M |
Capital Expenditures | -32.51M |
Free Cash Flow | 680.57M |
FCF Per Share | $15.37 |
Margins
Gross margin is 27.06%, with operating and profit margins of 10.37% and 7.03%.
Gross Margin | 27.06% |
Operating Margin | 10.37% |
Pretax Margin | 9.04% |
Profit Margin | 7.03% |
EBITDA Margin | 9.57% |
EBIT Margin | 9.07% |
FCF Margin | 9.33% |
Dividends & Yields
This stock pays an annual dividend of $10.80, which amounts to a dividend yield of 2.43%.
Dividend Per Share | $10.80 |
Dividend Yield | 2.43% |
Dividend Growth (YoY) | 7.85% |
Years of Dividend Growth | 10 |
Payout Ratio | 83.01% |
Buyback Yield | -14.01% |
Shareholder Yield | -11.59% |
Earnings Yield | 2.88% |
FCF Yield | 3.82% |
Analyst Forecast
The average price target for Watsco is $397.33, which is -10.74% lower than the current price. The consensus rating is "Hold".
Price Target | $397.33 |
Price Target Difference | -10.74% |
Analyst Consensus | Hold |
Analyst Count | 6 |
Revenue Growth Forecast (5Y) | 8.00% |
EPS Growth Forecast (5Y) | 6.77% |
Stock Splits
The last stock split was on August 17, 1998. It was a forward split with a ratio of 3:2.
Last Split Date | Aug 17, 1998 |
Split Type | Forward |
Split Ratio | 3:2 |
Scores
Watsco has an Altman Z-Score of 10.58 and a Piotroski F-Score of 6.
Altman Z-Score | 10.58 |
Piotroski F-Score | 6 |