WSO Watsco Inc

  1. Stocks
  2. Industrials
  3. NYSE: WSO

Price (delayed)

$510.55

Market cap

$20.58B

P/E Ratio

39.15

Dividend/share

$10.3

EPS

$13.04

Enterprise value

$20.71B

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 31% year-on-year and by 13% since the previous quarter
WSO's debt is down by 24% year-on-year
Watsco's quick ratio has increased by 28% YoY but it has decreased by 10% QoQ
The price to earnings (P/E) is 46% higher than the 5-year quarterly average of 26.8 and 36% higher than the last 4 quarters average of 28.7
The EPS has declined by 15% year-on-year and by 5% 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
40.3M
Market cap
$20.58B
Enterprise value
$20.71B
Valuations
Price to earnings (P/E)
39.15
Price to book (P/B)
8.95
Price to sales (P/S)
3.1
EV/EBIT
31.28
EV/EBITDA
29.64
EV/Sales
2.84
Earnings
Revenue
$7.3B
EBIT
$661.85M
EBITDA
$698.63M
Free cash flow
$680.57M
Per share
EPS
$13.04
Free cash flow per share
$15.37
Book value per share
$57.07
Revenue per share
$164.86
TBVPS
$83.21
Balance sheet
Total assets
$4.36B
Total liabilities
$1.43B
Debt
$409.21M
Equity
$2.53B
Working capital
$1.97B
Liquidity
Debt to equity
0.16
Current ratio
2.92
Quick ratio
1.28
Net debt/EBITDA
0.19
Margins
EBITDA margin
9.6%
Gross margin
27.1%
Net margin
7%
Operating margin
10.4%
Efficiency
Return on assets
12.7%
Return on equity
22.8%
Return on invested capital
23.6%
Return on capital employed
19.9%
Return on sales
9.1%
Dividend
Dividend yield
2.02%
DPS
$10.3
Payout ratio
79%

WSO stock price

How has the Watsco stock price performed over time
Intraday
4.06%
1 week
3.27%
1 month
9.17%
1 year
36.88%
YTD
19.16%
QTD
10.21%

Financial performance

How have Watsco's revenue and profit performed over time
Revenue
$7.3B
Gross profit
$1.97B
Operating income
$756.61M
Net income
$513.27M
Gross margin
27.1%
Net margin
7%
WSO's net margin is down by 15% year-on-year and by 5% since the previous quarter
Watsco's net income has decreased by 14% YoY and by 4.3% from the previous quarter
The operating margin has decreased by 8% YoY and by 4.6% from the previous quarter
The operating income has contracted by 8% YoY and by 4.8% 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
39.15
P/B
8.95
P/S
3.1
EV/EBIT
31.28
EV/EBITDA
29.64
EV/Sales
2.84
The price to earnings (P/E) is 46% higher than the 5-year quarterly average of 26.8 and 36% higher than the last 4 quarters average of 28.7
The EPS has declined by 15% year-on-year and by 5% since the previous quarter
WSO's price to book (P/B) is 47% higher than its 5-year quarterly average of 6.1 and 23% higher than its last 4 quarters average of 7.3
The equity has increased by 31% year-on-year and by 13% since the previous quarter
The P/S is 82% above the 5-year quarterly average of 1.7 and 35% above the last 4 quarters average of 2.3

Efficiency

How efficient is Watsco business performance
The return on equity has declined by 28% year-on-year and by 11% since the previous quarter
Watsco's return on assets has decreased by 22% YoY and by 7% QoQ
The company's return on invested capital fell by 22% YoY and by 6% QoQ
The return on sales has declined by 8% year-on-year and by 5% since the previous quarter

Dividends

What is WSO's dividend history
Dividend details
DPS
$10.3
Dividend yield
2.02%
Payout ratio
79%
Recent dividends

Financial health

How did Watsco financials performed over time
The total liabilities has increased by 28% from the previous quarter but it has decreased by 4.2% YoY
Watsco's quick ratio has increased by 28% YoY but it has decreased by 10% QoQ
WSO's debt is 84% smaller than its equity
The debt to equity has declined by 43% year-on-year and by 11% since the previous quarter
The equity has increased by 31% year-on-year and by 13% since the previous quarter

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