Watsco, Inc. (WSO)
NYSE: WSO · Real-Time Price · USD
376.22
-3.23 (-0.85%)
Mar 11, 2026, 1:40 PM EDT - Market open

Watsco Statistics

Total Valuation

Watsco has a market cap or net worth of $14.27 billion. The enterprise value is $14.14 billion.

Market Cap14.27B
Enterprise Value 14.14B

Important Dates

The next estimated earnings date is Wednesday, April 22, 2026, before market open.

Earnings Date Apr 22, 2026
Ex-Dividend Date Jan 16, 2026

Share Statistics

Watsco has 37.94 million shares outstanding. The number of shares has increased by 1.04% in one year.

Current Share Class 32.28M
Shares Outstanding 37.94M
Shares Change (YoY) +1.04%
Shares Change (QoQ) +0.02%
Owned by Insiders (%) 13.24%
Owned by Institutions (%) 100.79%
Float 32.89M

Valuation Ratios

The trailing PE ratio is 30.84 and the forward PE ratio is 29.82.

PE Ratio 30.84
Forward PE 29.82
PS Ratio 1.99
Forward PS 1.91
PB Ratio 5.17
P/TBV Ratio 6.83
P/FCF Ratio 26.91
P/OCF Ratio 25.27
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 19.16, with an EV/FCF ratio of 26.43.

EV / Earnings 30.47
EV / Sales 1.95
EV / EBITDA 19.16
EV / EBIT 20.37
EV / FCF 26.43

Financial Position

The company has a current ratio of 4.12, with a Debt / Equity ratio of 0.15.

Current Ratio 4.12
Quick Ratio 2.13
Debt / Equity 0.15
Debt / EBITDA 0.54
Debt / FCF 0.89
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 18.69% and return on invested capital (ROIC) is 17.83%.

Return on Equity (ROE) 18.69%
Return on Assets (ROA) 9.76%
Return on Invested Capital (ROIC) 17.83%
Return on Capital Employed (ROCE) 18.78%
Weighted Average Cost of Capital (WACC) 9.50%
Revenue Per Employee $1.04M
Profits Per Employee $66,789
Employee Count6,950
Asset Turnover 1.63
Inventory Turnover 3.76

Taxes

In the past 12 months, Watsco has paid $150.09 million in taxes.

Income Tax 150.09M
Effective Tax Rate 20.35%

Stock Price Statistics

The stock price has decreased by -27.42% in the last 52 weeks. The beta is 1.01, so Watsco's price volatility has been similar to the market average.

Beta (5Y) 1.01
52-Week Price Change -27.42%
50-Day Moving Average 390.43
200-Day Moving Average 398.41
Relative Strength Index (RSI) 33.68
Average Volume (20 Days) 357,783

Short Selling Information

The latest short interest is 3.52 million, so 9.27% of the outstanding shares have been sold short.

Short Interest 3.52M
Short Previous Month 3.28M
Short % of Shares Out 9.27%
Short % of Float 10.69%
Short Ratio (days to cover) 7.63

Income Statement

In the last 12 months, Watsco had revenue of $7.24 billion and earned $464.18 million in profits. Earnings per share was $12.25.

Revenue7.24B
Gross Profit 2.03B
Operating Income 694.14M
Pretax Income 737.68M
Net Income 464.18M
EBITDA 737.89M
EBIT 694.14M
Earnings Per Share (EPS) $12.25
Full Income Statement

Balance Sheet

The company has $733.28 million in cash and $478.79 million in debt, with a net cash position of $254.50 million or $6.71 per share.

Cash & Cash Equivalents 733.28M
Total Debt 478.79M
Net Cash 254.50M
Net Cash Per Share $6.71
Equity (Book Value) 3.22B
Book Value Per Share 73.36
Working Capital 2.24B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $569.61 million and capital expenditures -$34.55 million, giving a free cash flow of $535.06 million.

Operating Cash Flow 569.61M
Capital Expenditures -34.55M
Free Cash Flow 535.06M
FCF Per Share $14.10
Full Cash Flow Statement

Margins

Gross margin is 28.05%, with operating and profit margins of 9.59% and 6.87%.

Gross Margin 28.05%
Operating Margin 9.59%
Pretax Margin 10.19%
Profit Margin 6.87%
EBITDA Margin 10.19%
EBIT Margin 9.59%
FCF Margin 7.39%

Dividends & Yields

This stock pays an annual dividend of $13.20, which amounts to a dividend yield of 3.49%.

Dividend Per Share $13.20
Dividend Yield 3.49%
Dividend Growth (YoY) 11.11%
Years of Dividend Growth 12
Payout Ratio 97.98%
Buyback Yield -1.04%
Shareholder Yield 2.44%
Earnings Yield 3.22%
FCF Yield 3.72%
Dividend Details

Analyst Forecast

The average price target for Watsco is $410.00, which is 8.98% higher than the current price. The consensus rating is "Hold".

Price Target $410.00
Price Target Difference 8.98%
Analyst Consensus Hold
Analyst Count 6
Revenue Growth Forecast (5Y) 8.76%
EPS Growth Forecast (5Y) 19.30%
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 11.46 and a Piotroski F-Score of 6.

Altman Z-Score 11.46
Piotroski F-Score 6