Watsco Statistics
Total Valuation
Watsco has a market cap or net worth of $17.51 billion. The enterprise value is $17.70 billion.
| Market Cap | 17.51B |
| Enterprise Value | 17.70B |
Important Dates
The last earnings date was Wednesday, April 24, 2024, before market open.
| Earnings Date | Apr 24, 2024 |
| Ex-Dividend Date | Apr 12, 2024 |
Share Statistics
Watsco has 39.33 million shares outstanding. The number of shares has increased by 1.70% in one year.
| Shares Outstanding | 39.33M |
| Shares Change (YoY) | +1.70% |
| Shares Change (QoQ) | +0.84% |
| Owned by Insiders (%) | 91.13% |
| Owned by Institutions (%) | 0.45% |
| Float | 31.90M |
Valuation Ratios
The trailing PE ratio is 32.56 and the forward PE ratio is 31.15. Watsco's PEG ratio is 3.31.
| PE Ratio | 32.56 |
| Forward PE | 31.15 |
| PS Ratio | 2.40 |
| Forward PS | 2.24 |
| PB Ratio | 7.85 |
| P/FCF Ratio | 33.17 |
| PEG Ratio | 3.31 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 24.18, with an EV/FCF ratio of 33.54.
| EV / Earnings | 33.01 |
| EV / Sales | 2.43 |
| EV / EBITDA | 24.18 |
| EV / EBIT | 25.40 |
| EV / FCF | 33.54 |
Financial Position
The company has a current ratio of 3.36, with a Debt / Equity ratio of 0.18.
| Current Ratio | 3.36 |
| Quick Ratio | 1.42 |
| Debt / Equity | 0.18 |
| Debt / EBITDA | 0.55 |
| Debt / FCF | 0.77 |
| Interest Coverage | 141.67 |
Financial Efficiency
Return on equity (ROE) is 25.50% and return on invested capital (ROIC) is 23.38%.
| Return on Equity (ROE) | 25.50% |
| Return on Assets (ROA) | 13.70% |
| Return on Capital (ROIC) | 23.38% |
| Revenue Per Employee | $980,979 |
| Profits Per Employee | $72,234 |
| Employee Count | 7,425 |
| Asset Turnover | 1.86 |
| Inventory Turnover | 3.89 |
Taxes
In the past 12 months, Watsco has paid $155.75 million in taxes.
| Income Tax | 155.75M |
| Effective Tax Rate | 22.50% |
Stock Price Statistics
The stock price has increased by +28.97% in the last 52 weeks. The beta is 0.87, so Watsco's price volatility has been lower than the market average.
| Beta (1Y) | 0.87 |
| 52-Week Price Change | +28.97% |
| 50-Day Moving Average | 408.13 |
| 200-Day Moving Average | 387.81 |
| Relative Strength Index (RSI) | 94.35 |
| Average Volume (30 Days) | 11 |
Short Selling Information
The latest short interest is 102, so 0.00% of the outstanding shares have been sold short.
| Short Interest | 102 |
| Short Previous Month | 1 |
| Short % of Shares Out | 0.00% |
| Short % of Float | 0.00% |
| Short Ratio (days to cover) | 6.80 |
Income Statement
In the last 12 months, Watsco had revenue of $7.28 billion and earned $536.34 million in profits. Earnings per share was $13.67.
| Revenue | 7.28B |
| Gross Profit | 1.99B |
| Operating Income | 794.81M |
| Pretax Income | 692.09M |
| Net Income | 536.34M |
| EBITDA | 732.10M |
| EBIT | 697.01M |
| Earnings Per Share (EPS) | $13.67 |
Balance Sheet
The company has $210.11 million in cash and $404.79 million in debt, giving a net cash position of -$194.68 million or -$4.95 per share.
| Cash & Cash Equivalents | 210.11M |
| Total Debt | 404.79M |
| Net Cash | -194.68M |
| Net Cash Per Share | -$4.95 |
| Equity / Book Value | 2.23B |
| Book Value Per Share | 56.69 |
| Working Capital | 1.68B |
Cash Flow
In the last 12 months, operating cash flow was $561.95 million and capital expenditures -$34.17 million, giving a free cash flow of $527.78 million.
| Operating Cash Flow | 561.95M |
| Capital Expenditures | -34.17M |
| Free Cash Flow | 527.78M |
| FCF Per Share | $13.40 |
Margins
Gross margin is 27.35%, with operating and profit margins of 10.91% and 7.36%.
| Gross Margin | 27.35% |
| Operating Margin | 10.91% |
| Pretax Margin | 9.50% |
| Profit Margin | 7.36% |
| EBITDA Margin | 10.05% |
| EBIT Margin | 9.57% |
| FCF Margin | 7.25% |
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) | 8.06% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 79.01% |
| Buyback Yield | -1.70% |
| Shareholder Yield | 0.73% |
| Earnings Yield | 3.06% |
| FCF Yield | 3.01% |
Analyst Forecast
The average price target for Watsco is $381.13, which is -14.38% lower than the current price. The consensus rating is "Hold".
| Price Target | $381.13 |
| Price Target Difference | -14.38% |
| Analyst Consensus | Hold |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | 8.10% |
| EPS Growth Forecast (5Y) | 6.45% |
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 12.99 and a Piotroski F-Score of 5.
| Altman Z-Score | 12.99 |
| Piotroski F-Score | 5 |