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WSO

WSO - Watsco Inc Stock Price, Fair Value and News

494.38USD-0.49 (-0.10%)Market Closed

Market Summary

WSO
USD494.38-0.49
Market Closed
-0.10%

WSO Stock Price

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WSO RSI Chart

WSO Valuation

Market Cap

19.9B

Price/Earnings (Trailing)

37.62

Price/Sales (Trailing)

2.73

EV/EBITDA

25.26

Price/Free Cashflow

29.33

WSO Price/Sales (Trailing)

WSO Profitability

EBT Margin

10.34%

Return on Equity

20.96%

Return on Assets

12.15%

Free Cashflow Yield

3.41%

WSO Fundamentals

WSO Revenue

Revenue (TTM)

7.3B

Rev. Growth (Yr)

0.93%

Rev. Growth (Qtr)

-2.38%

WSO Earnings

Earnings (TTM)

529.6M

Earnings Growth (Yr)

-20.96%

Earnings Growth (Qtr)

31.37%

Breaking Down WSO Revenue

Last 7 days

0.4%

Last 30 days

0.7%

Last 90 days

24.6%

Trailing 12 Months

34.4%

How does WSO drawdown profile look like?

WSO Financial Health

Current Ratio

2.92

Debt/Equity

0.12

Debt/Cashflow

2.33

WSO Investor Care

Dividend Yield

1.98%

Dividend/Share (TTM)

9.8

Shares Dilution (1Y)

3.45%

Diluted EPS (TTM)

13.01

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20247.3B000
20237.3B7.2B7.3B7.3B
20226.7B7.0B7.2B7.3B
20215.2B5.7B5.9B6.3B
20204.8B4.8B5.0B5.1B
20194.6B4.6B4.7B4.8B
20184.4B4.5B4.5B4.5B
20174.2B4.3B4.3B4.3B
20164.2B4.1B4.2B4.2B
20154.0B4.0B4.1B4.1B
20143.8B3.8B3.9B3.9B
20133.5B3.6B3.7B3.7B
20123.1B3.2B3.3B3.4B
20112.9B2.9B3.0B3.0B
20102.2B2.7B2.8B2.8B
200901.8B1.9B2.0B
20080001.7B
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Which funds bought or sold WSO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jul 19, 2024
Hennion & Walsh Asset Management, Inc.
reduced
-10.66
-134,249
3,066,650
0.16%
Jul 19, 2024
RAYMOND JAMES & ASSOCIATES
reduced
-2.15
7,810,400
166,231,000
0.11%
Jul 19, 2024
First Horizon Advisors, Inc.
added
8.22
30,373
219,575
0.01%
Jul 19, 2024
Continuum Advisory, LLC
unchanged
-
-2,020
106,082
0.01%
Jul 19, 2024
Apollon Wealth Management, LLC
added
12.9
57,294
328,650
0.01%
Jul 19, 2024
First Pacific Financial
sold off
-100
-864
-
-%
Jul 19, 2024
Sumitomo Mitsui Trust Holdings, Inc.
reduced
-10.68
-1,297,620
29,501,000
0.02%
Jul 19, 2024
NISA INVESTMENT ADVISORS, LLC
added
16.27
1,700,710
8,588,470
0.05%
Jul 19, 2024
PARSONS CAPITAL MANAGEMENT INC/RI
unchanged
-
61,509
911,194
0.06%
Jul 19, 2024
River Road Asset Management, LLC
reduced
-32.93
-3,304,110
8,466,640
0.12%

1–10 of 50

Are Funds Buying or Selling WSO?

Are funds buying WSO calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own WSO
No. of Funds

Unveiling Watsco Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 10, 2024
vanguard group inc
10.05%
3,411,894
SC 13G/A
Feb 13, 2024
vanguard group inc
9.64%
3,265,589
SC 13G/A
Jan 23, 2024
blackrock inc.
12.0%
4,051,897
SC 13G/A
Feb 09, 2023
vanguard group inc
9.65%
3,210,219
SC 13G/A
Jan 24, 2023
blackrock inc.
12.1%
4,019,961
SC 13G
Jan 20, 2023
baillie gifford & co
6.56%
2,181,060
SC 13G/A
Jan 27, 2022
blackrock inc.
11.1%
3,677,204
SC 13G/A
Jan 26, 2022
baillie gifford & co
6.32%
2,086,034
SC 13G/A
Jan 25, 2022
blackrock inc.
11.1%
3,677,204
SC 13G/A
Jan 27, 2021
blackrock inc.
10.5%
3,452,488
SC 13G/A

Recent SEC filings of Watsco Inc

View All Filings
Date Filed Form Type Document
Jun 06, 2024
8-K
Current Report
Jun 06, 2024
4
Insider Trading
May 14, 2024
4
Insider Trading
May 13, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 07, 2024
144
Notice of Insider Sale Intent
May 06, 2024
144
Notice of Insider Sale Intent
May 03, 2024
424B5
Prospectus Filed
May 03, 2024
10-Q
Quarterly Report
Apr 26, 2024
DEF 14A
DEF 14A

Watsco Inc News

Latest updates
Defense World10 hours ago
American Banking and Market News30 hours ago
American Banking and Market News34 hours ago
Quantisnow18 Jul 202405:26 pm
American Banking and Market News16 Jul 202405:11 am
MarketBeat16 Jul 202412:03 am

Watsco Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-2.4%1,5651,6032,1272,0031,5511,5812,0362,1341,5241,5121,7831,8501,1361,1551,5371,3551,0081,0721,3951,372931
Gross Profit3.9%431414567563448434551596450412483478295282374319248261335328234
  S&GA Expenses-0.9%310312320304287302322315283292282267218215221194203211213197180
EBITDA Margin-3.9%0.11*0.11*0.12*0.12*0.12*0.12*0.12*0.12*0.11*0.10*0.10*0.10*---------
Interest Expenses147.0%2.001.00-1.89-3.41-0.61-0.01-0.48-1.11-0.56-0.24-0.22-0.45-0.09-0.06-0.11-0.28-0.79-0.61-1.43-1.21-0.78
Income Taxes124.8%25.0011.0054.0057.0034.00-19.9650.0060.0036.0027.0042.0044.0016.0013.0030.0025.008.007.0024.0025.0011.00
Earnings Before Taxes18.6%12910925526216413723628617012320721682.0070.0015712944.0051.0012413354.00
EBT Margin-4.6%0.10*0.11*0.11*0.11*0.11*0.11*0.11*0.11*0.11*0.10*0.10*0.09*---------
Net Income31.4%87.0066.0017120511011015822613559.0014117266.0046.0010610436.0037.0083.0090.0035.00
Net Income Margin-4.4%0.07*0.08*0.08*0.08*0.09*0.09*0.08*0.08*0.08*0.07*0.07*0.07*---------
Free Cashflow-66.1%98.00289343-50.08-54.93204278164-10921.00232113---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets16.8%4,3573,7294,0394,1033,8013,4883,5853,7893,4743,0863,0913,1322,6922,4842,6482,6372,5822,5562,6932,6322,399
  Current Assets25.4%2,9982,3922,7312,8832,5982,2992,4102,6242,3201,9611,9812,0221,6951,4841,6441,6311,5901,5471,6911,6951,490
    Cash Equivalents32.7%27921017516314114813012911111813797.0094.0014693.0080.0051.0074.0060.0056.0077.00
  Inventory22.9%1,6561,3471,5501,6891,6141,3701,3851,4811,3901,1151,0421,045987781885854943921970967894
  Net PPE1.7%13813613412812712512212011511110610510098.0098.0097.0097.0099.0098.0096.0093.00
  Goodwill0.5%459457492432431431430433434434433435413412410409407412407399394
  Current Liabilities44.1%1,0267128889569539079401,061837727797815631487609639520462542581470
  Short Term Borrowings---------------------2.00
  Long Term Debt0.6%306305390602448244247427478285191305187144153193310312329351264
Shareholder's Equity13.3%2,5262,2302,2242,4522,3082,2482,3162,2202,0811,9972,0221,9321,7971,7801,8101,7361,6831,7151,7531,6331,599
  Retained Earnings-0.8%1,1731,1831,1971,1221,0451,030977905798761757692623636659620602633656633603
  Additional Paid-In Capital25.9%1,4521,1531,1391,0239979731,0471,0321,0241,004988979967951940929920908895829842
Minority Interest3.8%401386442414379359407385356332377356305293320299279279310278264
Float----12,929---8,072---9,652---5,937---5,328-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-65.3%103,706298,614352,519-41,758-47,421213,084285,808174,694-101,62229,894237,790119,627-37,745161,601111,523219,39641,859138,240129,08415,51152,936
  Share Based Compensation-11.7%8,1279,2097,2626,8286,7016,8047,0566,9877,9746,7066,3086,4595,8926,3275,6625,2284,9125,0403,8184,3253,849
Cashflow From Investing-1487.0%-210,965-13,293-10,462-7,150-10,438-7,430-7,518-10,670-8,218-8,446-8,667-132,6851,221-4,795-3,565-4,133-3,849-16,042-34,189-26,703-4,103
Cashflow From Financing170.7%178,401-252,436-328,10869,16751,301-188,474-273,212-143,684101,412-40,701-186,92015,269-16,250-105,723-95,471-187,911-59,388-108,289-90,407-10,471-54,856
  Dividend Payments0.2%96,76596,52495,71395,43994,97085,20585,75885,68975,79575,08275,53175,38868,52168,25968,13968,07761,23860,95860,27660,21359,965
  Buy Backs197.4%5651904675956,452-5492,179--894863--2,7551,096791-669555428
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WSO Income Statement

2024-03-31
Condensed Consolidated Unaudited Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues$ 1,564,991$ 1,550,641
Cost of sales1,134,3661,102,484
Gross profit430,625448,157
Selling, general and administrative expenses309,548287,057
Other income5,4603,640
Operating income126,537164,740
Interest (income) expense, net(2,470)615
Income before income taxes129,007164,125
Income taxes24,74533,754
Net income104,262130,371
Less: net income attributable to non-controlling interest17,25820,298
Net income attributable to Watsco, Inc.$ 87,004$ 110,073
Earnings per share for Common and Class B common stock:  
Basic$ 2.17$ 2.84
Diluted$ 2.17$ 2.83

WSO Balance Sheet

2024-03-31
Condensed Consolidated Unaudited Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 278,864$ 210,112
Short-term cash investments200,0000
Accounts receivable, net832,119797,832
Inventories, net1,655,6351,347,289
Other current assets31,75436,698
Total current assets2,998,3722,391,931
Property and equipment, net138,486136,230
Operating lease right-of-use assets383,434368,748
Goodwill459,440457,148
Intangible assets, net214,055218,146
Investment in unconsolidated entity151,698146,238
Other assets11,63310,741
Total assets4,357,1183,729,182
Current liabilities:  
Current portion of lease liabilities102,897100,265
Accounts payable687,637369,396
Accrued expenses and other current liabilities235,592242,351
Total current liabilities1,026,126712,012
Long-term obligations:  
Borrowings under revolving credit agreement015,400
Operating lease liabilities, net of current portion290,951276,913
Finance lease liabilities, net of current portion15,36212,214
Total long-term obligations306,313304,527
Deferred income taxes and other liabilities97,10696,453
Commitments and contingencies
Watsco, Inc. shareholders' equity:  
Preferred stock, $0.50 par value00
Paid-in capital1,452,4501,153,459
Accumulated other comprehensive loss, net of tax(47,870)(42,331)
Retained earnings1,173,4461,183,207
Treasury stock, at cost(73,810)(86,630)
Total Watsco, Inc. shareholders' equity2,526,4252,229,839
Non-controlling interest401,148386,351
Total shareholders' equity2,927,5732,616,190
Total liabilities and shareholders' equity4,357,1183,729,182
Common Stock [Member]  
Watsco, Inc. shareholders' equity:  
Common stock19,40819,353
Class B Common Stock [Member]  
Watsco, Inc. shareholders' equity:  
Common stock$ 2,801$ 2,781
WSO
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.
 CEO
 WEBSITEwatsco.com
 INDUSTRYIntegrated Freight & Logistics
 EMPLOYEES7200

Watsco Inc Frequently Asked Questions


What is the ticker symbol for Watsco Inc? What does WSO stand for in stocks?

WSO is the stock ticker symbol of Watsco Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Watsco Inc (WSO)?

As of Fri Jul 19 2024, market cap of Watsco Inc is 19.92 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WSO stock?

You can check WSO's fair value in chart for subscribers.

What is the fair value of WSO stock?

You can check WSO's fair value in chart for subscribers. The fair value of Watsco Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Watsco Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WSO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Watsco Inc a good stock to buy?

The fair value guage provides a quick view whether WSO is over valued or under valued. Whether Watsco Inc is cheap or expensive depends on the assumptions which impact Watsco Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WSO.

What is Watsco Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jul 19 2024, WSO's PE ratio (Price to Earnings) is 37.62 and Price to Sales (PS) ratio is 2.73. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WSO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Watsco Inc's stock?

In the past 10 years, Watsco Inc has provided 0.213 (multiply by 100 for percentage) rate of return.