WSO Watsco Inc

  1. Stocks
  2. Industrials
  3. NYSE: WSO

Price (delayed)

$401.93

Market cap

$17.79B

P/E Ratio

29.3

Dividend/share

$10.05

EPS

$13.72

Enterprise value

$17.99B

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
Watsco's quick ratio has increased by 43% YoY and by 12% QoQ
The equity has increased by 18% year-on-year
WSO's debt is down by 17% since the previous quarter but it is up by 3.7% year-on-year
The price to earnings (P/E) is 14% higher than the last 4 quarters average of 25.6 and 11% higher than the 5-year quarterly average of 26.3
The EPS has declined by 11% year-on-year and by 10% since the previous quarter
Sector: Industrials
Industry: Industrial Distribution
Website: https://www.watsco.com/
Peers: HDSN LII BECN GWW

Key stats

What are the main financial stats of WSO
Market
Shares outstanding
44.27M
Market cap
$17.79B
Enterprise value
$17.99B
Valuations
Price to earnings (P/E)
29.3
Price to book (P/B)
7.1
Price to sales (P/S)
2.17
EV/EBIT
25.81
EV/EBITDA
24.57
EV/Sales
2.47
Earnings
Revenue
$7.28B
EBIT
$697.01M
EBITDA
$732.1M
Free cash flow
$527.78M
Per share
EPS
$13.72
Free cash flow per share
$13.4
Book value per share
$56.6
Revenue per share
$184.89
TBVPS
$77.52
Balance sheet
Total assets
$3.73B
Total liabilities
$1.11B
Debt
$404.79M
Equity
$2.23B
Working capital
$1.68B
Liquidity
Debt to equity
0.18
Current ratio
3.36
Quick ratio
1.42
Net debt/EBITDA
0.27
Margins
EBITDA margin
10.1%
Gross margin
27.4%
Net margin
7.4%
Operating margin
10.9%
Efficiency
Return on assets
13.7%
Return on equity
25.5%
Return on invested capital
25.2%
Return on capital employed
23.1%
Return on sales
9.6%
Dividend
Dividend yield
2.5%
DPS
$10.05
Payout ratio
73.3%

WSO stock price

How has the Watsco stock price performed over time
Intraday
-0.5%
1 week
-3.11%
1 month
-1.99%
1 year
26.19%
YTD
-6.19%
QTD
-6.95%

Financial performance

How have Watsco's revenue and profit performed over time
Revenue
$7.28B
Gross profit
$1.99B
Operating income
$794.81M
Net income
$536.34M
Gross margin
27.4%
Net margin
7.4%
WSO's net margin is down by 11% year-on-year and by 9% since the previous quarter
Watsco's net income has decreased by 11% YoY and by 9% from the previous quarter
The operating margin has decreased by 4.4% from the previous quarter and by 4.4% YoY
The operating income has contracted by 4.4% YoY and by 3.6% from the previous quarter

Growth

What is Watsco's growth rate over time

Valuation

What is Watsco stock price valuation
WSO P/E details
P/E
29.3
P/B
7.1
P/S
2.17
EV/EBIT
25.81
EV/EBITDA
24.57
EV/Sales
2.47
The price to earnings (P/E) is 14% higher than the last 4 quarters average of 25.6 and 11% higher than the 5-year quarterly average of 26.3
The EPS has declined by 11% year-on-year and by 10% since the previous quarter
WSO's price to book (P/B) is 20% higher than its 5-year quarterly average of 5.9
The equity has increased by 18% year-on-year
The P/S is 28% above the 5-year quarterly average of 1.7 and 9% above the last 4 quarters average of 2.0

Efficiency

How efficient is Watsco business performance
The return on equity has declined by 22% year-on-year and by 13% since the previous quarter
Watsco's return on assets has decreased by 18% YoY and by 10% QoQ
The company's return on invested capital fell by 18% YoY and by 6% QoQ
The return on sales has declined by 4% year-on-year and by 3% since the previous quarter

Dividends

What is WSO's dividend history
Dividend details
DPS
$10.05
Dividend yield
2.5%
Payout ratio
73.3%
Recent dividends

Financial health

How did Watsco financials performed over time
Watsco's quick ratio has increased by 43% YoY and by 12% QoQ
WSO's current ratio is up by 32% YoY and by 9% from the previous quarter
WSO's debt is 82% smaller than its equity
The debt to equity has declined by 18% since the previous quarter and by 14% year-on-year
The equity has increased by 18% year-on-year

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.