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- Market Cap.:
- $13.91 billion
- Book Value:
- Revenue TTM:
- $7.17 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $2.03 billion
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Watsco Inc had its IPO on 1984-06-07 under the ticker symbol WSO.
The company operates in the Industrials sector and Industrial Distribution industry. Watsco Inc has a staff strength of 7,200 employees.
Shares of Watsco Inc opened at $349.02 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $343.65 - $351.79, and closed at $345.62.
This is a -1.54% slip from the previous day's closing price.
A total volume of 280,267 shares were traded at the close of the day’s session.
In the last one week, shares of Watsco Inc have slipped by -5.37%.
Watsco Inc's Key Ratios
Watsco Inc has a market cap of $13.91 billion, indicating a price to book ratio of 5.4028 and a price to sales ratio of 1.3946.
In the last 12-months Watsco Inc’s revenue was $7.17 billion with a gross profit of $2.03 billion and an EBITDA of $816.21 million. The EBITDA ratio measures Watsco Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Watsco Inc’s operating margin was 10.92% while its return on assets stood at 12.41% with a return of equity of 29.07%.
In Q2, Watsco Inc’s quarterly earnings growth was a negative -10.4% while revenue growth was a negative 6.1%.
Watsco Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $14.82 per share while it has a forward price to earnings multiple of 20.6186 and a PEG multiple of 4.622. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Watsco Inc’s profitability.
Watsco Inc stock is trading at a EV to sales ratio of 1.4685 and a EV to EBITDA ratio of 12.4751. Its price to sales ratio in the trailing 12-months stood at 1.3946.
Watsco Inc stock pays annual dividends of $9.3 per share, indicating a yield of 2.8% and a payout ratio of 64.4%.
Balance sheet and cash flow metrics
- Total Assets
- $4.10 billion
- Total Liabilities
- $956.00 million
- Operating Cash Flow
- Capital Expenditure
- $7.09 million
- Dividend Payout Ratio
Watsco Inc ended 2023 with $4.10 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.10 billion while shareholder equity stood at $2.04 billion.
Watsco Inc ended 2023 with $0 in deferred long-term liabilities, $956.00 million in other current liabilities, 21946000.00 in common stock, $1.12 billion in retained earnings and $431.59 million in goodwill. Its cash balance stood at $162.53 million and cash and short-term investments were $162.53 million. The company’s total short-term debt was $93,099,000 while long-term debt stood at $342.90 million.
Watsco Inc’s total current assets stands at $2.88 billion while long-term investments were $141.08 million and short-term investments were $0. Its net receivables were $990.66 million compared to accounts payable of $602.46 million and inventory worth $1.69 billion.
In 2023, Watsco Inc's operating cash flow was $-17588000.00 while its capital expenditure stood at $7.09 million.
Comparatively, Watsco Inc paid $0.64 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Watsco Inc stock is currently trading at $345.62 per share. It touched a 52-week high of $381.2805 and a 52-week low of $381.2805. Analysts tracking the stock have a 12-month average target price of $363.36.
Its 50-day moving average was $361.55 and 200-day moving average was $317.45 The short ratio stood at 16.38 indicating a short percent outstanding of 0%.
Around 75.7% of the company’s stock are held by insiders while 10601.4% are held by institutions.
Frequently Asked Questions About Watsco Inc
Similar Industry Stocks (Industrial Distribution)
Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, refrigeration equipment, and related parts and supplies. The company distributes equipment, including 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 comprising 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. It operates 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.