Watsco, Inc. (WSO)

Watsco Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	392.68	433.28	526.27	210.11	147.51	118.27
Short-Term Investments	200	300	255.67	-	-	-
Cash & Short-Term Investments	592.68	733.28	781.94	210.11	147.51	118.27
Cash Growth	37.25%	-6.22%	272.15%	42.44%	24.72%	-19.03%
Receivables	839.24	796.18	877.94	797.83	747.11	698.46
Inventory	1,715	1,386	1,385	1,347	1,370	1,115
Other Current Assets	34.07	38.73	34.67	36.7	33.95	29.21
Total Current Assets	3,181	2,955	3,080	2,392	2,299	1,961
Property, Plant & Equipment	594.03	588.56	559.67	504.98	442.74	379.55
Long-Term Investments	-	190.2	171.19	148.78	134.48	117.6
Goodwill	-	462.51	451.86	457.15	430.71	434.02
Other Intangible Assets	874.29	210.43	208.47	218.15	175.19	186.9
Other Long-Term Assets	-	8.6	8.35	8.2	6.36	6.4
Total Assets	4,649	4,415	4,480	3,729	3,488	3,086
Accounts Payable	834.16	350.43	490.88	369.4	456.13	364.19
Accrued Expenses	-	231.46	361.46	220.96	282.37	261.32
Current Portion of Long-Term Debt	-	-	-	-	56.4	-
Current Portion of Leases	117.71	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	951.87	717.74	983.9	712.01	906.52	726.72
Long-Term Debt	-	-	-	15.4	-	89
Long-Term Leases	358.49	361.64	337.19	289.13	243.53	196.21
Long-Term Deferred Tax Liabilities	124.22	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	1,435	1,193	1,415	1,113	1,240	1,088
Common Stock	2,762	22.32	22.22	22.13	21.81	21.84
Additional Paid-In Capital	-	1,563	1,472	1,153	973.06	1,004
Retained Earnings	-	1,319	1,296	1,183	1,030	760.8
Treasury Stock	-	-73.23	-73.48	-86.63	-87.44	-87.44
Comprehensive Income & Other	-	-50.31	-59.89	-42.33	-47.71	-34.18
Total Common Equity	2,762	2,781	2,657	2,230	1,889	1,665
Minority Interest	452.82	440.69	407.25	386.35	359.04	332.47
Shareholders' Equity	3,215	3,222	3,064	2,616	2,248	1,997
Total Liabilities & Equity	4,649	4,415	4,480	3,729	3,488	3,086
Total Debt	476.2	478.79	447.46	404.79	390.53	369.71
Net Cash (Debt)	116.48	254.5	334.48	-194.68	-243.02	-251.45
Net Cash Growth	-	-23.91%	-	-	-	-
Net Cash Per Share	3.07	6.71	8.92	-5.33	-6.81	-7.10
Filing Date Shares Outstanding	37.96	37.94	37.78	36.76	36.24	35.41
Total Common Shares Outstanding	37.96	37.91	37.75	36.75	36.21	35.34
Working Capital	2,229	2,237	2,096	1,680	1,392	1,235
Book Value Per Share	72.75	73.36	70.39	60.67	52.18	47.11
Tangible Book Value	1,888	2,108	1,997	1,555	1,283	1,044
Tangible Book Value Per Share	49.73	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

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

SEC Filings: 10-K · 10-Q