Watsco Financial Statements From 2010 to 2025

WSO-B Stock  USD 507.10  3.39  0.67%   
Watsco financial statements provide useful quarterly and yearly information to potential Watsco Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Watsco financial statements helps investors assess Watsco's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Watsco's valuation are summarized below:
Gross Profit
B
Profit Margin
0.0704
Market Capitalization
20.6 B
Enterprise Value Revenue
2.6623
Revenue
7.6 B
We have found one hundred twenty available fundamental gauges for Watsco Inc, which can be analyzed and compared to other ratios and to its peers. All investors should make sure to confirm all of Watsco Inc prevalent market performance against the performance between 2010 and 2025 to make sure the company can sustain itself down the road. The current year's Market Cap is expected to grow to about 18.7 B. The current year's Enterprise Value is expected to grow to about 18.6 B

Watsco Total Revenue

8 Billion

Check Watsco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Watsco's main balance sheet or income statement drivers, such as Depreciation And Amortization of 42.9 M, Interest Expense of 21.9 M or Total Revenue of 8 B, as well as many indicators such as Price To Sales Ratio of 2.45, Dividend Yield of 0.0194 or PTB Ratio of 7.02. Watsco financial statements analysis is a perfect complement when working with Watsco Valuation or Volatility modules.
  
Check out the analysis of Watsco Correlation against competitors.

Watsco Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets4.7 B4.5 B2.4 B
Slightly volatile
Short and Long Term Debt Total469.8 M447.5 M257.6 M
Slightly volatile
Other Current Liabilities401.9 M382.7 M119.3 M
Slightly volatile
Total Current LiabilitiesB983.9 M482.5 M
Slightly volatile
Total Stockholder Equity2.8 B2.7 B1.4 B
Slightly volatile
Property Plant And Equipment Net587.7 M559.7 M226.4 M
Slightly volatile
Retained Earnings1.4 B1.3 B662.1 M
Slightly volatile
Cash552.6 M526.3 M135.9 M
Slightly volatile
Non Current Assets Total1.5 B1.4 B849.5 M
Slightly volatile
Cash And Short Term Investments821 M781.9 M168.6 M
Slightly volatile
Net Receivables921.8 M877.9 M535 M
Slightly volatile
Common Stock Shares Outstanding28 M37.5 M33.3 M
Slightly volatile
Liabilities And Stockholders Equity4.7 B4.5 B2.4 B
Slightly volatile
Non Current Liabilities Total453 M431.4 M286.2 M
Slightly volatile
Inventory1.5 B1.4 B851.3 M
Slightly volatile
Other Current Assets36.4 M34.7 M23.1 M
Slightly volatile
Other Stockholder Equity1.5 B1.4 B729 M
Slightly volatile
Total Liabilities1.5 B1.4 B768.7 M
Slightly volatile
Total Current Assets3.2 B3.1 B1.6 B
Slightly volatile
Short Term Debt115.8 M110.3 M45 M
Slightly volatile
Intangible Assets120.9 M208.5 M160.5 M
Slightly volatile
Accounts Payable515.4 M490.9 M255.4 M
Slightly volatile
Common Stock21 M22.2 M20.8 M
Slightly volatile
Good Will384.8 M451.9 M386 M
Slightly volatile
Other Liabilities61 M80.9 M83.9 M
Slightly volatile
Net Tangible AssetsB1.5 B869.6 M
Slightly volatile
Other Assets11.4 M5.7 M11.9 M
Very volatile
Long Term Debt13.2 M13.9 M242.4 M
Slightly volatile
Long Term Investments177 M168.6 M63.5 M
Slightly volatile
Short and Long Term Debt121.1 M115.3 M44.5 M
Slightly volatile
Property Plant Equipment131.4 M144.2 M113.1 M
Slightly volatile
Net Invested CapitalB2.7 B1.6 B
Slightly volatile
Net Working Capital1.4 B2.1 B1.1 B
Slightly volatile
Capital Stock23.9 M22.2 M21.6 M
Slightly volatile

Watsco Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization42.9 M40.8 M23.5 M
Slightly volatile
Interest Expense21.9 M20.9 MM
Very volatile
Total RevenueB7.6 B4.9 B
Slightly volatile
Gross Profit2.1 BB1.2 B
Slightly volatile
Other Operating Expenses7.2 B6.8 B4.4 B
Slightly volatile
Operating Income820.9 M781.8 M438.3 M
Slightly volatile
EBITDA831.7 M792.1 M459.2 M
Slightly volatile
Cost Of Revenue5.9 B5.6 B3.6 B
Slightly volatile
Total Operating Expenses1.3 B1.3 B808.4 M
Slightly volatile
Income Before Tax842.8 M802.6 M439.2 M
Slightly volatile
Net Income563.1 M536.3 M278.3 M
Slightly volatile
Income Tax Expense279.7 M266.4 M110.2 M
Slightly volatile
Selling General Administrative1.4 B1.3 B809.6 M
Slightly volatile
Selling And Marketing Expenses59.9 M95 M55.2 M
Slightly volatile
Net Income From Continuing Ops443.3 M635.7 M386 M
Slightly volatile
Net Income Applicable To Common Shares725.9 M691.3 M335.3 M
Slightly volatile
Tax Provision121 M166.9 M109.2 M
Slightly volatile
Reconciled Depreciation31.7 M40.8 M26 M
Slightly volatile

Watsco Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow220.6 M210.1 M89.8 M
Slightly volatile
Depreciation42.9 M40.8 M23.6 M
Slightly volatile
Dividends Paid444.7 M423.5 M214 M
Slightly volatile
Capital Expenditures19.3 M30.1 M21.3 M
Slightly volatile
Total Cash From Operating Activities811.8 M773.1 M340 M
Slightly volatile
Net Income667.5 M635.7 M341.8 M
Slightly volatile
End Period Cash Flow552.6 M526.3 M135.3 M
Slightly volatile
Stock Based Compensation36.8 M35 M17.9 M
Slightly volatile
Change To Netincome45.5 M29.9 M66.1 M
Slightly volatile
Issuance Of Capital Stock295.9 M281.8 M46.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.452.33331.3768
Slightly volatile
Dividend Yield0.01940.02380.0327
Slightly volatile
PTB Ratio7.026.69024.7223
Slightly volatile
Days Sales Outstanding50.3842.062641.5903
Very volatile
Book Value Per Share85.7881.690546.2043
Slightly volatile
Operating Cash Flow Per Share21.6420.61049.4187
Slightly volatile
Stock Based Compensation To Revenue0.00260.00460.0034
Slightly volatile
Capex To Depreciation2.071.161.0652
Pretty Stable
PB Ratio7.026.69024.7223
Slightly volatile
EV To Sales2.442.32291.3706
Slightly volatile
ROIC0.080.14490.148
Slightly volatile
Inventory Turnover3.34.0234.1674
Pretty Stable
Net Income Per Share15.0114.2977.7226
Slightly volatile
Days Of Inventory On Hand99.890.728486.4893
Slightly volatile
Payables Turnover11.4211.354315.0996
Slightly volatile
Sales General And Administrative To Revenue0.20.170.1657
Very volatile
Capex To Revenue0.00530.00560.0049
Pretty Stable
Cash Per Share21.8920.8464.6657
Slightly volatile
POCF Ratio15.9822.992824.8954
Slightly volatile
Interest Coverage148141149
Slightly volatile
Payout Ratio0.420.78970.7829
Pretty Stable
Capex To Operating Cash Flow0.0690.07260.3152
Slightly volatile
Days Payables Outstanding29.432.146325.0164
Slightly volatile
Income Quality0.821.21610.8949
Slightly volatile
ROE0.110.20180.1776
Slightly volatile
EV To Operating Cash Flow29.3222.890933.8962
Slightly volatile
PE Ratio34.833.146125.6449
Slightly volatile
Return On Tangible Assets0.07660.14040.1345
Slightly volatile
Earnings Yield0.02870.03020.0417
Slightly volatile
Intangibles To Total Assets0.180.14740.2615
Slightly volatile
Current Ratio4.53.13043.8898
Slightly volatile
Tangible Book Value Per Share67.2964.086629.6697
Slightly volatile
Receivables Turnover6.678.67758.8163
Very volatile
Graham Number15815181.0644
Slightly volatile
Shareholders Equity Per Share74.3870.833638.3565
Slightly volatile
Debt To Equity0.160.16840.2102
Slightly volatile
Capex Per Share0.651.120.6303
Slightly volatile
Revenue Per Share213203135
Slightly volatile
Interest Debt Per Share12.5311.92917.3613
Slightly volatile
Debt To Assets0.09490.09990.1135
Slightly volatile
Enterprise Value Over EBITDA23.4622.341914.8249
Slightly volatile
Short Term Coverage Ratios4.795.043.1 K
Slightly volatile
Price Earnings Ratio34.833.146125.6449
Slightly volatile
Operating Cycle152133132
Pretty Stable
Price Book Value Ratio7.026.69024.7223
Slightly volatile
Days Of Payables Outstanding29.432.146325.0164
Slightly volatile
Dividend Payout Ratio0.420.78970.7829
Pretty Stable
Price To Operating Cash Flows Ratio15.9822.992824.8954
Slightly volatile
Pretax Profit Margin0.110.10540.087
Slightly volatile
Ebt Per Ebit0.71.02671.0195
Slightly volatile
Operating Profit Margin0.110.10260.0848
Slightly volatile
Effective Tax Rate0.350.33190.2523
Very volatile
Company Equity Multiplier2.221.68591.8263
Very volatile
Long Term Debt To Capitalization0.00750.00790.1294
Slightly volatile
Total Debt To Capitalization0.140.14410.1667
Slightly volatile
Return On Capital Employed0.130.22360.2016
Slightly volatile
Debt Equity Ratio0.160.16840.2102
Slightly volatile
Ebit Per Revenue0.110.10260.0848
Slightly volatile
Quick Ratio2.431.72231.927
Slightly volatile
Dividend Paid And Capex Coverage Ratio2.241.82541.4356
Slightly volatile
Net Income Per E B T0.670.66810.6142
Slightly volatile
Cash Ratio0.890.53490.5916
Slightly volatile
Cash Conversion Cycle127101109
Pretty Stable
Operating Cash Flow Sales Ratio0.110.10150.061
Slightly volatile
Days Of Inventory Outstanding99.890.728486.4893
Slightly volatile
Days Of Sales Outstanding50.3842.062641.5903
Very volatile
Cash Flow Coverage Ratios1.641.72772.0397
Very volatile
Price To Book Ratio7.026.69024.7223
Slightly volatile
Fixed Asset Turnover12.9313.612139.5487
Slightly volatile
Capital Expenditure Coverage Ratio8.2614.2612.5983
Slightly volatile
Price Cash Flow Ratio15.9822.992824.8954
Slightly volatile
Enterprise Value Multiple23.4622.341914.8249
Slightly volatile
Debt Ratio0.09490.09990.1135
Slightly volatile
Cash Flow To Debt Ratio1.641.72772.0397
Very volatile
Price Sales Ratio2.452.33331.3768
Slightly volatile
Return On Assets0.130.11970.1038
Slightly volatile
Asset Turnover1.581.70071.9678
Very volatile
Net Profit Margin0.07390.07040.0547
Slightly volatile
Gross Profit Margin0.280.26840.2621
Very volatile
Price Fair Value7.026.69024.7223
Slightly volatile
Return On Equity0.110.20180.1776
Slightly volatile

Watsco Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap18.7 B17.8 B7.6 B
Slightly volatile
Enterprise Value18.6 B17.7 B7.7 B
Slightly volatile

Watsco Fundamental Market Drivers

Forward Price Earnings33.8983
Cash And Short Term Investments781.9 M

About Watsco Financial Statements

Watsco stakeholders use historical fundamental indicators, such as Watsco's revenue or net income, to determine how well the company is positioned to perform in the future. Although Watsco investors may analyze each financial statement separately, they are all interrelated. For example, changes in Watsco's assets and liabilities are reflected in the revenues and expenses on Watsco's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Watsco Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue120.2 M95.9 M
Total Revenue7.6 BB
Cost Of Revenue5.6 B5.9 B
Sales General And Administrative To Revenue 0.17  0.20 
Capex To Revenue 0.01  0.01 
Revenue Per Share 203.10  213.25 
Ebit Per Revenue 0.10  0.11 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Watsco Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Watsco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Watsco Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Watsco Inc Stock:
Check out the analysis of Watsco Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Please note, there is a significant difference between Watsco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Watsco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Watsco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.