Watsco, Inc. (WSO)

Watsco Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	364.19	433.28	526.27	210.11	147.51	118.27
Short-Term Investments	100	300	255.67	-	-	-
Cash & Short-Term Investments	464.19	733.28	781.94	210.11	147.51	118.27
Cash Growth	58.44%	-6.22%	272.15%	42.44%	24.72%	-19.03%
Receivables	1,061	796.18	877.94	797.83	747.11	698.46
Inventory	1,890	1,386	1,385	1,347	1,370	1,115
Other Current Assets	38.67	38.73	34.67	36.7	33.95	29.21
Total Current Assets	3,454	2,955	3,080	2,392	2,299	1,961
Property, Plant & Equipment	656.19	588.56	559.67	504.98	442.74	379.55
Long-Term Investments	199.53	190.2	171.19	148.78	134.48	117.6
Goodwill	559.69	462.51	451.86	457.15	430.71	434.02
Other Intangible Assets	205.25	210.43	208.47	218.15	175.19	186.9
Other Long-Term Assets	9.95	8.6	8.35	8.2	6.36	6.4
Total Assets	5,085	4,415	4,480	3,729	3,488	3,086

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	660.3	350.43	490.88	369.4	456.13	364.19
Accrued Expenses	299.75	231.46	361.46	220.96	282.37	261.32
Current Portion of Long-Term Debt	-	-	-	-	56.4	-
Current Portion of Leases	119.72	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	1,080	717.74	983.9	712.01	906.52	726.72
Long-Term Debt	-	-	-	15.4	-	89
Long-Term Leases	415.55	361.64	337.19	289.13	243.53	196.21
Long-Term Deferred Tax Liabilities	116.19	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	1,612	1,193	1,415	1,113	1,240	1,088

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	22.65	22.32	22.22	22.13	21.81	21.84
Additional Paid-In Capital	1,796	1,563	1,472	1,153	973.06	1,004
Retained Earnings	1,306	1,319	1,296	1,183	1,030	760.8
Treasury Stock	-73.23	-73.23	-73.48	-86.63	-87.44	-87.44
Comprehensive Income & Other	-57.11	-50.31	-59.89	-42.33	-47.71	-34.18
Total Common Equity	2,994	2,781	2,657	2,230	1,889	1,665
Minority Interest	478.8	440.69	407.25	386.35	359.04	332.47
Shareholders' Equity	3,473	3,222	3,064	2,616	2,248	1,997
Total Liabilities & Equity	5,085	4,415	4,480	3,729	3,488	3,086

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	535.27	478.79	447.46	404.79	390.53	369.71
Net Cash (Debt)	-71.08	254.5	334.48	-194.68	-243.02	-251.45
Net Cash Growth	-	-23.91%	-	-	-	-
Net Cash Per Share	-1.87	6.71	8.92	-5.33	-6.81	-7.10
Filing Date Shares Outstanding	38.59	37.94	37.78	36.76	36.24	35.41
Total Common Shares Outstanding	38.59	37.91	37.75	36.75	36.21	35.34
Working Capital	2,374	2,237	2,096	1,680	1,392	1,235
Book Value Per Share	77.60	73.36	70.39	60.67	52.18	47.11
Tangible Book Value	2,229	2,108	1,997	1,555	1,283	1,044
Tangible Book Value Per Share	57.78	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

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 29, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 22, 2026

Data Sources Report a data error