Watsco Statistics
Total Valuation
Watsco has a market cap or net worth of $18.77 billion. The enterprise value is $18.42 billion.
Important Dates
The last earnings date was Tuesday, February 18, 2025, before market open.
| Earnings Date | Feb 18, 2025 |
| Ex-Dividend Date | Jan 17, 2025 |
Share Statistics
Watsco has 37.64 million shares outstanding. The number of shares has increased by 2.68% in one year.
| Current Share Class | 32.09M |
| Shares Outstanding | 37.64M |
| Shares Change (YoY) | +2.68% |
| Shares Change (QoQ) | +0.18% |
| Owned by Insiders (%) | 13.20% |
| Owned by Institutions (%) | 96.19% |
| Float | 32.63M |
Valuation Ratios
The trailing PE ratio is 37.49 and the forward PE ratio is 33.96.
| PE Ratio | 37.49 |
| Forward PE | 33.96 |
| PS Ratio | 2.46 |
| Forward PS | 2.34 |
| PB Ratio | 7.08 |
| P/TBV Ratio | 10.33 |
| P/FCF Ratio | 25.26 |
| P/OCF Ratio | 24.28 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 23.26, with an EV/FCF ratio of 24.79.
| EV / Earnings | 34.35 |
| EV / Sales | 2.42 |
| EV / EBITDA | 23.26 |
| EV / EBIT | 24.52 |
| EV / FCF | 24.79 |
Financial Position
The company has a current ratio of 3.13, with a Debt / Equity ratio of 0.14.
| Current Ratio | 3.13 |
| Quick Ratio | 1.69 |
| Debt / Equity | 0.14 |
| Debt / EBITDA | 0.47 |
| Debt / FCF | 0.58 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 22.38% and return on invested capital (ROIC) is 14.41%.
| Return on Equity (ROE) | 22.38% |
| Return on Assets (ROA) | 11.44% |
| Return on Invested Capital (ROIC) | 14.41% |
| Return on Capital Employed (ROCE) | 21.49% |
| Revenue Per Employee | $1.03M |
| Profits Per Employee | $72,227 |
| Employee Count | 7,425 |
| Asset Turnover | 1.86 |
| Inventory Turnover | 4.08 |
Taxes
In the past 12 months, Watsco has paid $166.90 million in taxes.
| Income Tax | 166.90M |
| Effective Tax Rate | 20.79% |
Stock Price Statistics
The stock price has increased by +31.96% in the last 52 weeks. The beta is 0.93, so Watsco's price volatility has been similar to the market average.
| Beta (5Y) | 0.93 |
| 52-Week Price Change | +31.96% |
| 50-Day Moving Average | 488.01 |
| 200-Day Moving Average | 488.37 |
| Relative Strength Index (RSI) | 54.14 |
| Average Volume (20 Days) | 260,525 |
Short Selling Information
The latest short interest is 2.30 million, so 6.11% of the outstanding shares have been sold short.
| Short Interest | 2.30M |
| Short Previous Month | 2.36M |
| Short % of Shares Out | 6.11% |
| Short % of Float | 7.04% |
| Short Ratio (days to cover) | 11.04 |
Income Statement
In the last 12 months, Watsco had revenue of $7.62 billion and earned $536.29 million in profits. Earnings per share was $13.30.
| Revenue | 7.62B |
| Gross Profit | 2.04B |
| Operating Income | 751.27M |
| Pretax Income | 670.83M |
| Net Income | 536.29M |
| EBITDA | 792.10M |
| EBIT | 751.27M |
| Earnings Per Share (EPS) | $13.30 |
Full Income StatementBalance Sheet
The company has $781.94 million in cash and $431.99 million in debt, giving a net cash position of $349.95 million or $9.30 per share.
| Cash & Cash Equivalents | 781.94M |
| Total Debt | 431.99M |
| Net Cash | 349.95M |
| Net Cash Per Share | $9.30 |
| Equity (Book Value) | 3.06B |
| Book Value Per Share | 70.41 |
| Working Capital | 2.10B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $773.10 million and capital expenditures -$29.83 million, giving a free cash flow of $743.27 million.
| Operating Cash Flow | 773.10M |
| Capital Expenditures | -29.83M |
| Free Cash Flow | 743.27M |
| FCF Per Share | $19.74 |
Full Cash Flow StatementMargins
Gross margin is 26.84%, with operating and profit margins of 9.86% and 7.04%.
| Gross Margin | 26.84% |
| Operating Margin | 9.86% |
| Pretax Margin | 10.54% |
| Profit Margin | 7.04% |
| EBITDA Margin | 10.40% |
| EBIT Margin | 9.86% |
| FCF Margin | 9.76% |
Dividends & Yields
This stock pays an annual dividend of $10.80, which amounts to a dividend yield of 2.17%.
| Dividend Per Share | $10.80 |
| Dividend Yield | 2.17% |
| Dividend Growth (YoY) | 10.20% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 81.20% |
| Buyback Yield | -2.68% |
| Shareholder Yield | -0.51% |
| Earnings Yield | 2.86% |
| FCF Yield | 3.96% |
Dividend DetailsAnalyst Forecast
The average price target for Watsco is $495.00, which is -0.74% lower than the current price. The consensus rating is "Buy".
| Price Target | $495.00 |
| Price Target Difference | -0.74% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | 7.93% |
| EPS Growth Forecast (5Y) | 7.34% |
Stock ForecastsStock Splits
The last stock split was on August 17, 1998. It was a forward split with a ratio of 1.5:1.
| Last Split Date | Aug 17, 1998 |
| Split Type | Forward |
| Split Ratio | 1.5:1 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |