Watsco Statistics
Total Valuation
Watsco has a market cap or net worth of $18.37 billion. The enterprise value is $18.40 billion.
| Market Cap | 18.37B |
| Enterprise Value | 18.40B |
Important Dates
The last earnings date was Wednesday, April 23, 2025, before market open.
| Earnings Date | Apr 23, 2025 |
| Ex-Dividend Date | Apr 15, 2025 |
Share Statistics
Watsco has 37.89 million shares outstanding. The number of shares has increased by 2.77% in one year.
| Current Share Class | 32.26M |
| Shares Outstanding | 37.89M |
| Shares Change (YoY) | +2.77% |
| Shares Change (QoQ) | +0.31% |
| Owned by Insiders (%) | 13.18% |
| Owned by Institutions (%) | 95.34% |
| Float | 32.76M |
Valuation Ratios
The trailing PE ratio is 37.20 and the forward PE ratio is 33.33.
| PE Ratio | 37.20 |
| Forward PE | 33.33 |
| PS Ratio | 2.40 |
| Forward PS | 2.23 |
| PB Ratio | 6.89 |
| P/TBV Ratio | 9.17 |
| P/FCF Ratio | 39.93 |
| P/OCF Ratio | 37.35 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 23.71, with an EV/FCF ratio of 39.99.
| EV / Earnings | 37.42 |
| EV / Sales | 2.43 |
| EV / EBITDA | 23.71 |
| EV / EBIT | 25.06 |
| EV / FCF | 39.99 |
Financial Position
The company has a current ratio of 3.28, with a Debt / Equity ratio of 0.15.
| Current Ratio | 3.28 |
| Quick Ratio | 1.33 |
| Debt / Equity | 0.15 |
| Debt / EBITDA | 0.50 |
| Debt / FCF | 1.00 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 20.81% and return on invested capital (ROIC) is 13.33%.
| Return on Equity (ROE) | 20.81% |
| Return on Assets (ROA) | 10.41% |
| Return on Invested Capital (ROIC) | 13.33% |
| Return on Capital Employed (ROCE) | 20.80% |
| Revenue Per Employee | $1.04M |
| Profits Per Employee | $67,391 |
| Employee Count | 7,295 |
| Asset Turnover | 1.72 |
| Inventory Turnover | 3.23 |
Taxes
In the past 12 months, Watsco has paid $165.22 million in taxes.
| Income Tax | 165.22M |
| Effective Tax Rate | 20.88% |
Stock Price Statistics
The stock price has increased by +1.16% in the last 52 weeks. The beta is 1.11, so Watsco's price volatility has been higher than the market average.
| Beta (5Y) | 1.11 |
| 52-Week Price Change | +1.16% |
| 50-Day Moving Average | 492.10 |
| 200-Day Moving Average | 492.06 |
| Relative Strength Index (RSI) | 52.48 |
| Average Volume (20 Days) | 338,998 |
Short Selling Information
The latest short interest is 2.42 million, so 6.38% of the outstanding shares have been sold short.
| Short Interest | 2.42M |
| Short Previous Month | 2.41M |
| Short % of Shares Out | 6.38% |
| Short % of Float | 7.37% |
| Short Ratio (days to cover) | 6.79 |
Income Statement
In the last 12 months, Watsco had revenue of $7.58 billion and earned $491.62 million in profits. Earnings per share was $13.03.
| Revenue | 7.58B |
| Gross Profit | 2.04B |
| Operating Income | 734.01M |
| Pretax Income | 670.83M |
| Net Income | 491.62M |
| EBITDA | 775.73M |
| EBIT | 734.01M |
| Earnings Per Share (EPS) | $13.03 |
Balance Sheet
The company has $431.82 million in cash and $459.69 million in debt, giving a net cash position of -$27.87 million or -$0.74 per share.
| Cash & Cash Equivalents | 431.82M |
| Total Debt | 459.69M |
| Net Cash | -27.87M |
| Net Cash Per Share | -$0.74 |
| Equity (Book Value) | 3.09B |
| Book Value Per Share | 70.35 |
| Working Capital | 2.11B |
Cash Flow
In the last 12 months, operating cash flow was $491.75 million and capital expenditures -$31.79 million, giving a free cash flow of $460.01 million.
| Operating Cash Flow | 491.75M |
| Capital Expenditures | -31.79M |
| Free Cash Flow | 460.01M |
| FCF Per Share | $12.14 |
Margins
Gross margin is 26.95%, with operating and profit margins of 9.68% and 6.98%.
| Gross Margin | 26.95% |
| Operating Margin | 9.68% |
| Pretax Margin | 10.43% |
| Profit Margin | 6.98% |
| EBITDA Margin | 10.23% |
| EBIT Margin | 9.68% |
| FCF Margin | 6.07% |
Dividends & Yields
This stock pays an annual dividend of $12.00, which amounts to a dividend yield of 2.48%.
| Dividend Per Share | $12.00 |
| Dividend Yield | 2.48% |
| Dividend Growth (YoY) | 10.45% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 92.07% |
| Buyback Yield | -2.77% |
| Shareholder Yield | -0.30% |
| Earnings Yield | 2.68% |
| FCF Yield | 2.50% |
Analyst Forecast
The average price target for Watsco is $470.00, which is -3.06% lower than the current price. The consensus rating is "Hold".
| Price Target | $470.00 |
| Price Target Difference | -3.06% |
| 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 11.18 and a Piotroski F-Score of 5.
| Altman Z-Score | 11.18 |
| Piotroski F-Score | 5 |