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XNYS
WSO.B
Market cap18bUSD
Jul 01, Last price  
437.48USD
1D
0.00%
Jan 2017
194.10%
Name

Watsco Inc

Chart & Performance

D1W1MN
P/E
33.09
P/S
2.33
EPS
13.22
Div Yield, %
2.41%
Shrs. gr., 5y
1.58%
Rev. gr., 5y
9.81%
Revenues
7.62b
+4.59%
1,682,724,0001,800,759,0001,758,022,0001,700,237,0002,001,815,0002,844,595,0002,977,759,0003,431,712,0003,743,330,0003,944,540,0004,113,239,0004,220,702,0004,341,955,0004,546,653,0004,770,362,0005,054,928,0006,280,192,0007,274,344,0007,283,767,0007,618,317,000
Net income
536m
-0.01%
70,019,00082,364,00065,577,00060,369,00043,314,00080,760,00090,450,000103,334,000127,723,000151,387,000172,929,000182,810,000208,221,000242,932,000245,950,000269,579,000418,945,000601,167,000536,337,000536,286,000
CFO
773m
+37.57%
35,782,00068,541,000107,998,000113,473,00088,287,000152,799,00061,452,000173,343,000150,269,000144,980,000221,383,000277,756,000301,846,000170,557,000335,771,000534,379,000349,566,000571,964,000561,954,000773,102,000
Dividend
Oct 16, 20242.7 USD/sh
Earnings
Jul 28, 2025

Profile

Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, refrigeration equipment, and related parts and supplies. The company distributes equipment comprising residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. It also offers parts, including replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation materials, refrigerants, ductworks, grills, registers, sheet metals, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies, as well as plumbing and bathroom remodeling supplies. The company serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. As of December 31, 2021, it operated from 671 locations in the United States, Canada, Mexico, and Puerto Rico, as well as exports its products to Latin America and the Caribbean Basin. Watsco, Inc. was founded in 1945 and is headquartered in Miami, Florida.
IPO date
Jun 16, 1994
Employees
7,200
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2024‑122023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
Income
Revenues
7,618,317
4.59%
7,283,767
0.13%
7,274,344
15.83%
Cost of revenue
5,573,604
6,477,253
6,465,437
Unusual Expense (Income)
NOPBT
2,044,713
806,514
808,907
NOPBT Margin
26.84%
11.07%
11.12%
Operating Taxes
266,358
155,751
125,717
Tax Rate
13.03%
19.31%
15.54%
NOPAT
1,778,355
650,763
683,190
Net income
536,286
-0.01%
536,337
-10.78%
601,167
43.50%
Dividends
(423,521)
(382,646)
(332,447)
Dividend yield
2.38%
2.44%
3.74%
Proceeds from repurchase of equity
242,111
12,351
(66,685)
BB yield
-1.36%
-0.08%
0.75%
Debt
Debt current
110,273
100,265
146,997
Long-term debt
784,653
593,654
464,288
Deferred revenue
(7,181)
Other long-term liabilities
94,194
7,181
Net debt
(55,625)
335,025
330,978
Cash flow
Cash from operating activities
773,102
561,954
571,964
CAPEX
(35,478)
(33,789)
Cash from investing activities
(290,670)
(41,343)
(33,836)
Cash from financing activities
(158,530)
(460,076)
(503,958)
FCF
1,869,319
410,160
429,201
Balance
Cash
781,940
210,112
147,505
Long term investments
168,611
148,782
132,802
Excess cash
569,635
Stockholders' equity
1,665,547
1,549,361
1,362,658
Invested Capital
3,036,260
3,020,982
2,627,419
ROIC
58.72%
23.04%
27.41%
ROCE
56.70%
25.87%
29.64%
EV
Common stock shares outstanding
37,510
36,532
35,684
Price
473.89
10.60%
428.47
71.80%
249.40
-20.29%
Market cap
17,775,771
13.56%
15,652,730
75.88%
8,899,498
-19.70%
EV
18,127,394
16,374,106
9,589,517
EBITDA
2,085,535
841,604
840,590
EV/EBITDA
8.69
19.46
11.41
Interest
4,920
2,165
Interest/NOPBT
0.61%
0.27%