Watsco, Inc. (WSO)
NYSE: WSO · Real-Time Price · USD
323.51
-12.33 (-3.67%)
Nov 20, 2025, 4:00 PM EST - Market closed

Watsco Statistics

Total Valuation

Watsco has a market cap or net worth of $12.27 billion. The enterprise value is $12.20 billion.

Market Cap12.27B
Enterprise Value 12.20B

Important Dates

The last earnings date was Wednesday, October 29, 2025, before market open.

Earnings Date Oct 29, 2025
Ex-Dividend Date Oct 16, 2025

Share Statistics

Watsco has 37.93 million shares outstanding. The number of shares has increased by 1.54% in one year.

Current Share Class 32.30M
Shares Outstanding 37.93M
Shares Change (YoY) +1.54%
Shares Change (QoQ) +0.05%
Owned by Insiders (%) 13.16%
Owned by Institutions (%) 97.58%
Float 32.91M

Valuation Ratios

The trailing PE ratio is 25.13 and the forward PE ratio is 25.01.

PE Ratio 25.13
Forward PE 25.01
PS Ratio 1.65
Forward PS 1.56
PB Ratio 4.36
P/TBV Ratio 5.73
P/FCF Ratio 23.71
P/OCF Ratio 22.36
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 15.84, with an EV/FCF ratio of 23.59.

EV / Earnings 25.05
EV / Sales 1.65
EV / EBITDA 15.84
EV / EBIT 16.78
EV / FCF 23.59

Financial Position

The company has a current ratio of 3.84, with a Debt / Equity ratio of 0.14.

Current Ratio 3.84
Quick Ratio 1.81
Debt / Equity 0.14
Debt / EBITDA 0.50
Debt / FCF 0.88
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 19.05% and return on invested capital (ROIC) is 12.37%.

Return on Equity (ROE) 19.05%
Return on Assets (ROA) 10.02%
Return on Invested Capital (ROIC) 12.37%
Return on Capital Employed (ROCE) 19.43%
Revenue Per Employee $1.02M
Profits Per Employee $66,798
Employee Count7,295
Asset Turnover 1.63
Inventory Turnover 3.34

Taxes

In the past 12 months, Watsco has paid $157.48 million in taxes.

Income Tax 157.48M
Effective Tax Rate 20.37%

Stock Price Statistics

The stock price has decreased by -39.32% in the last 52 weeks. The beta is 1.00, so Watsco's price volatility has been similar to the market average.

Beta (5Y) 1.00
52-Week Price Change -39.32%
50-Day Moving Average 372.39
200-Day Moving Average 440.67
Relative Strength Index (RSI) 26.95
Average Volume (20 Days) 494,133

Short Selling Information

The latest short interest is 2.91 million, so 7.68% of the outstanding shares have been sold short.

Short Interest 2.91M
Short Previous Month 2.80M
Short % of Shares Out 7.68%
Short % of Float 8.85%
Short Ratio (days to cover) 4.92

Income Statement

In the last 12 months, Watsco had revenue of $7.41 billion and earned $487.29 million in profits. Earnings per share was $12.87.

Revenue7.41B
Gross Profit 2.07B
Operating Income 727.32M
Pretax Income 773.20M
Net Income 487.29M
EBITDA 770.49M
EBIT 727.32M
Earnings Per Share (EPS) $12.87
Full Income Statement

Balance Sheet

The company has $524.35 million in cash and $457.51 million in debt, giving a net cash position of $66.84 million or $1.76 per share.

Cash & Cash Equivalents 524.35M
Total Debt 457.51M
Net Cash 66.84M
Net Cash Per Share $1.76
Equity (Book Value) 3.30B
Book Value Per Share 74.21
Working Capital 2.30B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $548.74 million and capital expenditures -$31.29 million, giving a free cash flow of $517.46 million.

Operating Cash Flow 548.74M
Capital Expenditures -31.29M
Free Cash Flow 517.46M
FCF Per Share $13.64
Full Cash Flow Statement

Margins

Gross margin is 27.92%, with operating and profit margins of 9.81% and 7.04%.

Gross Margin 27.92%
Operating Margin 9.81%
Pretax Margin 10.43%
Profit Margin 7.04%
EBITDA Margin 10.39%
EBIT Margin 9.81%
FCF Margin 6.98%

Dividends & Yields

This stock pays an annual dividend of $12.00, which amounts to a dividend yield of 3.57%.

Dividend Per Share $12.00
Dividend Yield 3.57%
Dividend Growth (YoY) 10.90%
Years of Dividend Growth 11
Payout Ratio 90.89%
Buyback Yield -1.54%
Shareholder Yield 2.17%
Earnings Yield 3.97%
FCF Yield 4.22%
Dividend Details

Analyst Forecast

The average price target for Watsco is $435.00, which is 34.46% higher than the current price. The consensus rating is "Hold".

Price Target $435.00
Price Target Difference 34.46%
Analyst Consensus Hold
Analyst Count 8
Revenue Growth Forecast (5Y) 2.65%
EPS Growth Forecast (5Y) 6.98%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock 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

Watsco has an Altman Z-Score of 11.73 and a Piotroski F-Score of 6.

Altman Z-Score 11.73
Piotroski F-Score 6