Watsco Statistics
Total Valuation
Watsco has a market cap or net worth of $18.96 billion. The enterprise value is $18.63 billion.
| Market Cap | 18.96B |
| Enterprise Value | 18.63B |
Important Dates
The next estimated earnings date is Wednesday, April 23, 2025, before market open.
| Earnings Date | Apr 23, 2025 |
| Ex-Dividend Date | Jan 17, 2025 |
Share Statistics
Watsco has 37.78 million shares outstanding. The number of shares has increased by 2.68% in one year.
| Current Share Class | 32.18M |
| Shares Outstanding | 37.78M |
| Shares Change (YoY) | +2.68% |
| Shares Change (QoQ) | +0.18% |
| Owned by Insiders (%) | 13.22% |
| Owned by Institutions (%) | 96.19% |
| Float | 32.76M |
Valuation Ratios
The trailing PE ratio is 37.73 and the forward PE ratio is 34.26.
| PE Ratio | 37.73 |
| Forward PE | 34.26 |
| PS Ratio | 2.46 |
| Forward PS | 2.32 |
| PB Ratio | 7.13 |
| P/TBV Ratio | 9.50 |
| P/FCF Ratio | 25.52 |
| P/OCF Ratio | 24.53 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 23.61, with an EV/FCF ratio of 25.07.
| EV / Earnings | 37.33 |
| EV / Sales | 2.44 |
| EV / EBITDA | 23.61 |
| EV / EBIT | 24.90 |
| EV / FCF | 25.07 |
Financial Position
The company has a current ratio of 3.13, with a Debt / Equity ratio of 0.15.
| Current Ratio | 3.13 |
| Quick Ratio | 1.69 |
| Debt / Equity | 0.15 |
| Debt / EBITDA | 0.48 |
| Debt / FCF | 0.60 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 22.38% and return on invested capital (ROIC) is 14.31%.
| Return on Equity (ROE) | 22.38% |
| Return on Assets (ROA) | 11.39% |
| Return on Invested Capital (ROIC) | 14.31% |
| Return on Capital Employed (ROCE) | 21.40% |
| Revenue Per Employee | $1.04M |
| Profits Per Employee | $68,388 |
| Employee Count | 7,295 |
| 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 +15.57% in the last 52 weeks. The beta is 0.91, so Watsco's price volatility has been similar to the market average.
| Beta (5Y) | 0.91 |
| 52-Week Price Change | +15.57% |
| 50-Day Moving Average | 496.32 |
| 200-Day Moving Average | 492.15 |
| Relative Strength Index (RSI) | 49.03 |
| Average Volume (20 Days) | 290,838 |
Short Selling Information
The latest short interest is 2.45 million, so 6.48% of the outstanding shares have been sold short.
| Short Interest | 2.45M |
| Short Previous Month | 2.33M |
| Short % of Shares Out | 6.48% |
| Short % of Float | 7.47% |
| Short Ratio (days to cover) | 6.71 |
Income Statement
In the last 12 months, Watsco had revenue of $7.62 billion and earned $498.89 million in profits. Earnings per share was $13.30.
| Revenue | 7.62B |
| Gross Profit | 2.04B |
| Operating Income | 748.04M |
| Pretax Income | 670.83M |
| Net Income | 498.89M |
| EBITDA | 788.86M |
| EBIT | 748.04M |
| Earnings Per Share (EPS) | $13.30 |
Balance Sheet
The company has $781.94 million in cash and $447.46 million in debt, giving a net cash position of $334.48 million or $8.85 per share.
| Cash & Cash Equivalents | 781.94M |
| Total Debt | 447.46M |
| Net Cash | 334.48M |
| Net Cash Per Share | $8.85 |
| Equity (Book Value) | 3.06B |
| Book Value Per Share | 70.39 |
| Working Capital | 2.10B |
Cash Flow
In the last 12 months, operating cash flow was $773.10 million and capital expenditures -$30.09 million, giving a free cash flow of $743.01 million.
| Operating Cash Flow | 773.10M |
| Capital Expenditures | -30.09M |
| Free Cash Flow | 743.01M |
| FCF Per Share | $19.67 |
Margins
Gross margin is 26.84%, with operating and profit margins of 9.82% and 7.04%.
| Gross Margin | 26.84% |
| Operating Margin | 9.82% |
| Pretax Margin | 10.54% |
| Profit Margin | 7.04% |
| EBITDA Margin | 10.35% |
| EBIT Margin | 9.82% |
| FCF Margin | 9.75% |
Dividends & Yields
This stock pays an annual dividend of $10.80, which amounts to a dividend yield of 2.15%.
| Dividend Per Share | $10.80 |
| Dividend Yield | 2.15% |
| Dividend Growth (YoY) | 10.20% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 81.20% |
| Buyback Yield | -2.68% |
| Shareholder Yield | -0.53% |
| Earnings Yield | 2.63% |
| FCF Yield | 3.92% |
Analyst Forecast
The average price target for Watsco is $486.25, which is -3.11% lower than the current price. The consensus rating is "Hold".
| Price Target | $486.25 |
| Price Target Difference | -3.11% |
| Analyst Consensus | Hold |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 7.88% |
| EPS Growth Forecast (5Y) | 9.47% |
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 10.52 and a Piotroski F-Score of 4.
| Altman Z-Score | 10.52 |
| Piotroski F-Score | 4 |