Watsco Statistics
Total Valuation
Watsco has a market cap or net worth of $15.84 billion. The enterprise value is $16.01 billion.
| Market Cap | 15.84B |
| Enterprise Value | 16.01B |
Important Dates
The last earnings date was Wednesday, July 30, 2025, before market open.
| Earnings Date | Jul 30, 2025 |
| Ex-Dividend Date | Jul 16, 2025 |
Share Statistics
Watsco has 37.92 million shares outstanding. The number of shares has increased by 2.13% in one year.
| Current Share Class | 32.28M |
| Shares Outstanding | 37.92M |
| Shares Change (YoY) | +2.13% |
| Shares Change (QoQ) | +0.12% |
| Owned by Insiders (%) | 13.17% |
| Owned by Institutions (%) | 95.24% |
| Float | 32.90M |
Valuation Ratios
The trailing PE ratio is 31.87 and the forward PE ratio is 29.84.
| PE Ratio | 31.87 |
| Forward PE | 29.84 |
| PS Ratio | 2.12 |
| Forward PS | 1.93 |
| PB Ratio | 5.79 |
| P/TBV Ratio | 7.60 |
| P/FCF Ratio | 40.17 |
| P/OCF Ratio | 37.16 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 20.46, with an EV/FCF ratio of 40.58.
| EV / Earnings | 32.31 |
| EV / Sales | 2.13 |
| EV / EBITDA | 20.46 |
| EV / EBIT | 21.63 |
| EV / FCF | 40.58 |
Financial Position
The company has a current ratio of 3.08, with a Debt / Equity ratio of 0.14.
| Current Ratio | 3.08 |
| Quick Ratio | 1.22 |
| Debt / Equity | 0.14 |
| Debt / EBITDA | 0.49 |
| Debt / FCF | 1.15 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 20.05% and return on invested capital (ROIC) is 12.97%.
| Return on Equity (ROE) | 20.05% |
| Return on Assets (ROA) | 10.14% |
| Return on Invested Capital (ROIC) | 12.97% |
| Return on Capital Employed (ROCE) | 20.23% |
| Revenue Per Employee | $1.03M |
| Profits Per Employee | $67,929 |
| Employee Count | 7,295 |
| Asset Turnover | 1.65 |
| Inventory Turnover | 3.09 |
Taxes
In the past 12 months, Watsco has paid $163.59 million in taxes.
| Income Tax | 163.59M |
| Effective Tax Rate | 20.66% |
Stock Price Statistics
The stock price has decreased by -11.80% in the last 52 weeks. The beta is 0.95, so Watsco's price volatility has been similar to the market average.
| Beta (5Y) | 0.95 |
| 52-Week Price Change | -11.80% |
| 50-Day Moving Average | 447.20 |
| 200-Day Moving Average | 482.04 |
| Relative Strength Index (RSI) | 38.20 |
| Average Volume (20 Days) | 354,156 |
Short Selling Information
The latest short interest is 2.48 million, so 6.54% of the outstanding shares have been sold short.
| Short Interest | 2.48M |
| Short Previous Month | 2.33M |
| Short % of Shares Out | 6.54% |
| Short % of Float | 7.53% |
| Short Ratio (days to cover) | 7.23 |
Income Statement
In the last 12 months, Watsco had revenue of $7.51 billion and earned $495.54 million in profits. Earnings per share was $13.11.
| Revenue | 7.51B |
| Gross Profit | 2.07B |
| Operating Income | 740.10M |
| Pretax Income | 670.83M |
| Net Income | 495.54M |
| EBITDA | 782.72M |
| EBIT | 740.10M |
| Earnings Per Share (EPS) | $13.11 |
Balance Sheet
The company has $292.98 million in cash and $454.09 million in debt, giving a net cash position of -$161.11 million or -$4.25 per share.
| Cash & Cash Equivalents | 292.98M |
| Total Debt | 454.09M |
| Net Cash | -161.11M |
| Net Cash Per Share | -$4.25 |
| Equity (Book Value) | 3.22B |
| Book Value Per Share | 72.80 |
| Working Capital | 2.23B |
Cash Flow
In the last 12 months, operating cash flow was $426.57 million and capital expenditures -$32.21 million, giving a free cash flow of $394.59 million.
| Operating Cash Flow | 426.57M |
| Capital Expenditures | -32.21M |
| Free Cash Flow | 394.59M |
| FCF Per Share | $10.41 |
Margins
Gross margin is 27.54%, with operating and profit margins of 9.86% and 7.08%.
| Gross Margin | 27.54% |
| Operating Margin | 9.86% |
| Pretax Margin | 10.55% |
| Profit Margin | 7.08% |
| EBITDA Margin | 10.43% |
| EBIT Margin | 9.86% |
| FCF Margin | 5.26% |
Dividends & Yields
This stock pays an annual dividend of $12.00, which amounts to a dividend yield of 2.87%.
| Dividend Per Share | $12.00 |
| Dividend Yield | 2.87% |
| Dividend Growth (YoY) | 10.68% |
| Years of Dividend Growth | 11 |
| Payout Ratio | 86.94% |
| Buyback Yield | -2.13% |
| Shareholder Yield | 0.75% |
| Earnings Yield | 3.13% |
| FCF Yield | 2.49% |
Analyst Forecast
The average price target for Watsco is $477.50, which is 14.31% higher than the current price. The consensus rating is "Hold".
| Price Target | $477.50 |
| Price Target Difference | 14.31% |
| Analyst Consensus | Hold |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 8.07% |
| EPS Growth Forecast (5Y) | 9.24% |
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 10.35 and a Piotroski F-Score of 4.
| Altman Z-Score | 10.35 |
| Piotroski F-Score | 4 |