watsco inc. - WSO

WSO

Close Chg Chg %
347.78 0.35 0.10%

Closed Market

348.13

+0.35 (0.10%)

Volume: 136.91K

Last Updated:

Dec 26, 2025, 3:59 PM EDT

Company Overview: watsco inc. - WSO

WSO Key Data

Open

$346.90

Day Range

345.48 - 348.99

52 Week Range

323.05 - 535.40

Market Cap

$14.11B

Shares Outstanding

40.56M

Public Float

34.78M

Beta

1.01

Rev. Per Employee

N/A

P/E Ratio

27.13

EPS

$12.84

Yield

336.42%

Dividend

$3.00

EX-DIVIDEND DATE

Oct 16, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

403.85K

 

WSO Performance

1 Week
 
-0.01%
 
1 Month
 
0.40%
 
3 Months
 
-12.62%
 
1 Year
 
-27.54%
 
5 Years
 
48.50%
 

WSO Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 16
Full Ratings ➔

About watsco inc. - WSO

Watsco, Inc. engages in the distribution of air conditioning, heating and refrigeration equipment, and related parts and supplies. Its products include residential central air conditioners, gas, electric & oil furnaces, commercial air conditioning and heating equipment, and other specialized equipment and parts, including replacement compressors, evaporator coils, motors and other component parts and supplies, including thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tape, adhesives, and other ancillary supplies. The company was founded by William Wagner in 1956 and is headquartered in Miami, FL.

WSO At a Glance

Watsco, Inc.
2665 South Bayshore Drive
Miami, Florida 33133
Phone 1-305-714-4100 Revenue 7.62B
Industry Building Products Net Income 498.89M
Sector Producer Manufacturing 2024 Sales Growth 4.593%
Fiscal Year-end 12 / 2025 Employees 7,295
View SEC Filings

WSO Valuation

P/E Current 27.135
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 35.629
Price to Sales Ratio 2.333
Price to Book Ratio 7.197
Price to Cash Flow Ratio 22.99
Enterprise Value to EBITDA 22.626
Enterprise Value to Sales 2.343
Total Debt to Enterprise Value 0.025

WSO Efficiency

Revenue/Employee 1,044,320.356
Income Per Employee 68,388.485
Receivables Turnover 8.678
Total Asset Turnover 1.833

WSO Liquidity

Current Ratio 3.13
Quick Ratio 1.722
Cash Ratio 0.795

WSO Profitability

Gross Margin 26.304
Operating Margin 9.819
Pretax Margin 10.536
Net Margin 6.549
Return on Assets 12.004
Return on Equity 20.418
Return on Total Capital 16.07
Return on Invested Capital 18.048

WSO Capital Structure

Total Debt to Total Equity 16.841
Total Debt to Total Capital 14.414
Total Debt to Total Assets 9.873
Long-Term Debt to Equity 12.691
Long-Term Debt to Total Capital 10.861
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Watsco Inc. - WSO

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
6.28B 7.27B 7.28B 7.62B
Sales Growth
+24.24% +15.83% +0.13% +4.59%
Cost of Goods Sold (COGS) incl D&A
4.64B 5.28B 5.33B 5.61B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
28.13M 31.68M 35.09M 40.82M
Depreciation
22.57M 26.97M 30.77M 35.39M
Amortization of Intangibles
5.56M 4.71M 4.32M 5.43M
COGS Growth
+20.26% +13.69% +0.97% +5.40%
Gross Income
1.64B 2.00B 1.96B 2.00B
Gross Income Growth
+37.06% +21.89% -2.08% +2.39%
Gross Profit Margin
+26.11% +27.47% +26.87% +26.30%
2021 2022 2023 2024 5-year trend
SG&A Expense
1.03B 1.19B 1.19B 1.26B
Research & Development
- - - -
-
Other SG&A
1.03B 1.19B 1.19B 1.26B
SGA Growth
+27.74% +15.37% -0.27% +5.92%
Other Operating Expense
- - - -
-
Unusual Expense
(237.00K) 917.00K 2.79M (3.23M)
EBIT after Unusual Expense
609.53M 808.91M 768.63M 751.27M
Non Operating Income/Expense
18.99M 22.67M 26.18M 51.37M
Non-Operating Interest Income
- - - 20.87M
-
Equity in Earnings of Affiliates
19.30M 22.67M 26.18M 30.50M
Interest Expense
- 996.00K 2.17M 4.92M
Interest Expense Growth
- -19.61% +117.37% +127.25%
Gross Interest Expense
- 996.00K 2.17M 4.92M
Interest Capitalized
- - - -
-
Pretax Income
627.53M 829.41M 789.89M 802.64M
Pretax Income Growth
+56.96% +32.17% -4.77% +1.61%
Pretax Margin
+9.99% +11.40% +10.84% +10.54%
Income Tax
128.80M 125.72M 155.75M 166.90M
Income Tax - Current - Domestic
111.86M 98.68M 148.88M 146.32M
Income Tax - Current - Foreign
10.99M 13.57M 14.05M 20.35M
Income Tax - Deferred - Domestic
7.81M 14.46M (6.88M) 1.77M
Income Tax - Deferred - Foreign
(1.87M) (995.00K) (297.00K) (1.54M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
19.30M 22.67M 26.18M 30.50M
Other After Tax Income (Expense)
(37.27M) (51.37M) (36.97M) (37.39M)
Consolidated Net Income
461.46M 652.33M 597.17M 598.35M
Minority Interest Expense
79.79M 102.53M 97.80M 99.45M
Net Income
381.67M 549.80M 499.37M 498.89M
Net Income Growth
+54.87% +44.05% -9.17% -0.10%
Net Margin Growth
+6.08% +7.56% +6.86% +6.55%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
381.67M 549.80M 499.37M 498.89M
Preferred Dividends
- - - -
-
Net Income Available to Common
381.67M 549.80M 499.37M 498.89M
EPS (Basic)
10.8294 15.4594 13.7167 13.3425
EPS (Basic) Growth
+54.11% +42.75% -11.27% -2.73%
Basic Shares Outstanding
35.24M 35.56M 36.41M 37.39M
EPS (Diluted)
10.7759 15.4077 13.6705 13.3008
EPS (Diluted) Growth
+53.70% +42.98% -11.27% -2.70%
Diluted Shares Outstanding
35.42M 35.68M 36.53M 37.51M
EBITDA
637.42M 841.51M 806.51M 788.86M
EBITDA Growth
+53.38% +32.02% -4.16% -2.19%
EBITDA Margin
+10.15% +11.57% +11.07% +10.35%

Snapshot

Average Recommendation HOLD Average Target Price 406.00
Number of Ratings 16 Current Quarters Estimate 1.959
FY Report Date 12 / 2025 Current Year's Estimate 12.428
Last Quarter’s Earnings 3.98 Median PE on CY Estimate N/A
Year Ago Earnings 13.30 Next Fiscal Year Estimate 13.242
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 13 10 14 14
Mean Estimate 1.96 1.98 12.43 13.24
High Estimates 2.52 2.31 13.30 14.63
Low Estimate 1.62 1.75 12.08 12.49
Coefficient of Variance 14.82 7.85 2.80 4.51

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 1 1 2
OVERWEIGHT 1 1 2
HOLD 13 13 13
UNDERWEIGHT 0 0 0
SELL 1 1 1
MEAN Hold Hold Hold

Insider Actions for Watsco Inc. - WSO

Date Name Shares Transaction Value
Jul 29, 2025 Gary L. Tapella Director 1,000 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Watsco Inc. in the News