WSO Watsco Inc
Price (delayed)
$506.66
Market cap
$20.47B
P/E Ratio
37.98
Dividend/share
$11.1
EPS
$13.34
Enterprise value
$20.39B
Watsco is the largest distribution network for heating, air conditioning and refrigeration (HVAC/R) products with locations in the United States, Canada, Mexico and Puerto Rico, and on an export basis
Highlights
The equity has increased by 19% year-on-year
Watsco's quick ratio has increased by 19% YoY and by 6% QoQ
The EPS has declined by 2.8% year-on-year but it is up by 2.7% since the previous quarter
The price to earnings (P/E) is 34% higher than the 5-year quarterly average of 28.3 and 7% higher than the last 4 quarters average of 35.5
WSO's debt is up by 11% year-on-year and by 4.5% since the previous quarter
Key stats
What are the main financial stats of WSO
Market
Valuations
Earnings
Shares outstanding
40.41M
Market cap
$20.47B
Enterprise value
$20.39B
Price to earnings (P/E)
37.98
Price to book (P/B)
7.7
Price to sales (P/S)
2.69
EV/EBIT
29.89
EV/EBITDA
28.2
EV/Sales
2.68
Revenue
$7.62B
Gross profit
$2.04B
Operating income
$781.78M
Net income
$536.29M
EBIT
$682.32M
EBITDA
$723.14M
Free cash flow
$743.27M
Per share
Balance sheet
Liquidity
EPS
$13.34
EPS diluted
$13.3
Free cash flow per share
$18.41
Book value per share
$65.8
Revenue per share
$188.66
TBVPS
$94.58
Total assets
$4.48B
Total liabilities
$1.42B
Debt
$447.46M
Equity
$2.66B
Working capital
$2.1B
Debt to equity
0.17
Current ratio
3.13
Quick ratio
1.69
Net debt/EBITDA
-0.11
Margins
Efficiency
Dividend
EBITDA margin
9.5%
Gross margin
26.8%
Net margin
7%
Operating margin
10.3%
Return on assets
12.1%
Return on equity
20.4%
Return on invested capital
23.6%
Return on capital employed
19.5%
Return on sales
9%
Dividend yield
2.19%
DPS
$11.1
Payout ratio
83.2%
WSO stock price
How has the Watsco stock price performed over time
Intraday
1.8%
1 week
1.51%
1 month
-0.8%
1 year
25.43%
YTD
6.92%
QTD
-0.32%
Financial performance
How have Watsco's revenue and profit performed over time
Revenue
$7.62B
Gross profit
$2.04B
Operating income
$781.78M
Net income
$536.29M
Gross margin
26.8%
Net margin
7%
The operating margin has decreased by 6% YoY
WSO's net margin is down by 5% year-on-year
The company's revenue rose by 4.6% YoY and by 2% QoQ
The operating income has grown by 3.8% from the previous quarter
Growth
What is Watsco's growth rate over time
Valuation
What is Watsco stock price valuation
P/E
37.98
P/B
7.7
P/S
2.69
EV/EBIT
29.89
EV/EBITDA
28.2
EV/Sales
2.68
The price to earnings (P/E) is 34% higher than the 5-year quarterly average of 28.3 and 7% higher than the last 4 quarters average of 35.5
The EPS has declined by 2.8% year-on-year but it is up by 2.7% since the previous quarter
WSO's price to book (P/B) is 20% higher than its 5-year quarterly average of 6.4 and 8% higher than its last 4 quarters average of 7.1
The equity has increased by 19% year-on-year
The P/S is 42% above the 5-year quarterly average of 1.9 and 8% above the last 4 quarters average of 2.5
The company's revenue rose by 4.6% YoY and by 2% QoQ
Efficiency
How efficient is Watsco business performance
The return on equity has declined by 20% year-on-year
Watsco's return on assets has decreased by 12% YoY
The return on sales has declined by 6% year-on-year but it is up by 2.3% since the previous quarter
The company's return on invested capital fell by 6% YoY
Dividends
What is WSO's dividend history
DPS
$11.1
Dividend yield
2.19%
Payout ratio
83.2%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Watsco financials performed over time
The total liabilities has increased by 27% YoY and by 4.4% from the previous quarter
The total assets has grown by 20% YoY
WSO's debt is 83% smaller than its equity
The equity has increased by 19% year-on-year
WSO's debt is up by 11% year-on-year and by 4.5% since the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.