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WSO

WSO - Watsco Inc Stock Price, Fair Value and News

385.03USD+1.76 (+0.46%)Market Closed
Watchlist

Market Summary

USD385.03+1.76
Market Closed
0.46%

WSO Stock Price

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WSO RSI Chart

WSO Valuation

Market Cap

15.2B

Price/Earnings (Trailing)

26.95

Price/Sales (Trailing)

2.08

EV/EBITDA

18.63

Price/Free Cashflow

28.81

WSO Price/Sales (Trailing)

WSO Profitability

EBT Margin

10.84%

Return on Equity

21.51%

Return on Assets

15.09%

Free Cashflow Yield

3.47%

WSO Fundamentals

WSO Revenue

Revenue (TTM)

7.3B

Rev. Growth (Yr)

1.39%

Rev. Growth (Qtr)

-24.62%

WSO Earnings

Earnings (TTM)

562.8M

Earnings Growth (Yr)

-49.2%

Earnings Growth (Qtr)

-67.2%

Breaking Down WSO Revenue

Last 7 days

-8.2%

Last 30 days

-6.4%

Last 90 days

-2.2%

Trailing 12 Months

29.6%

How does WSO drawdown profile look like?

WSO Financial Health

Current Ratio

3.36

Debt/Equity

0.12

Debt/Cashflow

1.85

WSO Investor Care

Dividend Yield

2.55%

Dividend/Share (TTM)

9.8

Shares Dilution (1Y)

1.70%

Diluted EPS (TTM)

13.67

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
20091.8B1.9B1.9B2.0B
20080001.7B

Which funds bought or sold WSO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 21, 2024
Raleigh Capital Management Inc.
reduced
-25.00
-5,969
34,943
0.02%
Feb 20, 2024
Quarry LP
new
-
21,424
21,424
-%
Feb 20, 2024
Prospect Financial Services LLC
new
-
239,944
239,944
0.24%
Feb 16, 2024
SageView Advisory Group, LLC
new
-
321,160
321,160
0.01%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
0.6
6,928,000
56,005,000
0.01%
Feb 16, 2024
HARBOUR INVESTMENTS, INC.
added
15.29
9,884
41,990
-%
Feb 16, 2024
O'Dell Group, LLC
new
-
44,561
44,561
0.01%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
9.24
1,452,930
7,529,930
0.03%
Feb 16, 2024
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main
unchanged
-
76,125
642,705
-%
Feb 15, 2024
Toroso Investments, LLC
sold off
-100
-899,729
-
-%

1–10 of 43

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
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
Jan 08, 2021
vanguard group inc
10.02%
3,291,057
SC 13G/A

Recent SEC filings of Watsco Inc

View All Filings
Date Filed Form Type Document
Feb 23, 2024
10-K
Annual Report
Feb 21, 2024
8-K
Current Report
Feb 13, 2024
8-K
Current Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Jan 23, 2024
SC 13G/A
Major Ownership Report
Jan 11, 2024
5
Insider Trading
Jan 11, 2024
4
Insider Trading
Jan 11, 2024
4
Insider Trading
Jan 11, 2024
5
Insider Trading
Jan 11, 2024
5
Insider Trading

What is the Fair Value of WSO?

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Disclaimer: Conduct thorough research and seek guidance from a certified financial advisor prior to finalizing any investment choices.

Watsco Inc News

Latest updates
MarketBeat13 hours ago
InvestorsObserver21 Feb 202404:16 pm
Simply Wall St16 Feb 202412:22 pm
Yahoo Finance14 Feb 202408:00 am
Yahoo Finance09 Feb 202408:00 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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-24.6%1,6032,1272,0031,5511,5812,0362,1341,5241,5121,7831,8501,1361,1551,5371,3551,0081,0721,3951,372931991
Gross Profit-26.9%414567563448434551596450412483478295282374319248261335328234250
  S&GA Expenses-2.3%312320304287302322315283292282267218215221194203211213197180192
EBITDA Margin-3.5%0.11*0.12*0.12*0.12*0.12*0.12*0.12*0.11*0.10*0.10*0.10*----------
Interest Expenses100.0%--1.89-3.41-0.61-0.01-0.48-1.11-0.56-0.24-0.22-0.45-0.09-0.06-0.11-0.28-0.79-0.61-1.43-1.21-0.78-1.13
Income Taxes-79.7%11.0054.0057.0034.00-19.9650.0060.0036.0027.0042.0044.0016.0013.0030.0025.008.007.0024.0025.0011.009.00
Earnings Before Taxes-57.3%10925526216413723628617012320721682.0070.0015712944.0051.0012413354.0058.00
EBT Margin-3.8%0.11*0.11*0.11*0.11*0.11*0.11*0.11*0.11*0.10*0.10*0.09*----------
Net Income-67.2%56.0017120513011015822613559.0014117266.0046.0010610436.0037.0083.0090.0035.0040.00
Net Income Margin-9.1%0.08*0.08*0.08*0.09*0.09*0.08*0.08*0.08*0.07*0.07*0.07*----------
Free Cashflow-15.8%289343-50.08-54.93204278164-10921.00232113----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-7.7%3,7294,0394,1033,8013,4883,5853,7893,4743,0863,0913,1322,6922,4842,6482,6372,5822,5562,6932,6322,3992,161
  Current Assets-12.4%2,3922,7312,8832,5982,2992,4102,6242,3201,9611,9812,0221,6951,4841,6441,6311,5901,5471,6911,6951,4901,442
    Cash Equivalents20.0%21017516314114813012911111813797.0094.0014693.0080.0051.0074.0060.0056.0077.0083.00
  Inventory-13.1%1,3471,5501,6891,6141,3701,3851,4811,3901,1151,0421,045987781885854943921970967894837
  Net PPE1.6%13613412812712512212011511110610510098.0098.0097.0097.0099.0098.0096.0093.0091.00
  Goodwill-7.0%457492432431431430433434434433435413412410409407412407399394411
  Current Liabilities-19.8%7128889569539079401,061837727797815631487609639520462542581470358
  Short Term Borrowings--------------------2.00-
  Long Term Debt-22.0%305390602448244247427478285191305187144153193310312329351264136
Shareholder's Equity17.6%2,6162,2242,4522,3081,8892,3162,2202,0811,9972,0221,9321,7971,7801,8101,7361,6831,7151,7531,6331,5991,602
  Retained Earnings-1.2%1,1831,1971,1221,0451,030977905798761757692623636659620602633656633603628
  Additional Paid-In Capital1.3%1,1531,1391,0239979731,0471,0321,0241,004988979967951940929920908895829842832
Minority Interest-12.5%386442414379359407385356332377356305293320299279279310278264254
Float-------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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-15.3%298,614352,519-41,758-47,421213,084285,808174,694-101,62229,894237,790119,627-37,745161,601111,523219,39641,859138,240129,08415,51152,936100,492
  Share Based Compensation26.8%9,2097,2626,8286,7016,8047,0566,9877,9746,7066,3086,4595,8926,3275,6625,2284,9125,0403,8184,3253,8493,739
Cashflow From Investing-27.1%-13,293-10,462-7,150-10,438-7,430-7,518-10,670-8,218-8,446-8,667-132,6851,221-4,795-3,565-4,133-3,849-16,042-34,189-26,703-4,103-3,969
Cashflow From Financing23.1%-252,436-328,10869,16751,301-188,474-273,212-143,684101,412-40,701-186,92015,269-16,250-105,723-95,471-187,911-59,388-108,289-90,407-10,471-54,856-79,841
  Dividend Payments0.8%96,52495,71395,43994,97085,20585,75885,68975,79575,08275,53175,38868,52168,25968,13968,07761,23860,95860,27660,21359,96554,267
  Buy Backs-59.3%1904675956,452-5492,179--894863--2,7551,096791-669555428-

WSO Income Statement

2023-09-30
Condensed Consolidated Unaudited Statements of Income - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues$ 2,126,845$ 2,035,796$ 5,680,570$ 5,693,121
Cost of sales1,559,9001,484,9484,102,8464,096,382
Gross profit566,945550,8481,577,7241,596,739
Selling, general and administrative expenses319,834321,522911,046919,629
Other income9,5066,92720,38417,289
Operating income256,617236,253687,062694,399
Interest expense, net1,8904835,9202,151
Income before income taxes254,727235,770681,142692,248
Income taxes54,10349,600144,744145,682
Net income200,624186,170536,398546,566
Less: net income attributable to non-controlling interest29,67128,52982,60883,070
Net income attributable to Watsco, Inc.$ 170,953$ 157,641$ 453,790$ 463,496
Earnings per share for Common and Class B common stock:    
Basic$ 4.36$ 4.04$ 11.64$ 11.9
Diluted$ 4.35$ 4.03$ 11.6$ 11.86

WSO Balance Sheet

2023-09-30
Condensed Consolidated Unaudited Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 175,022$ 147,505
Accounts receivable, net949,317747,110
Inventories, net1,549,7401,370,173
Other current assets56,49333,951
Total current assets2,730,5722,298,739
Property and equipment, net134,076125,424
Operating lease right-of-use assets362,901317,314
Goodwill491,522430,711
Intangible assets, net172,473175,191
Investment in unconsolidated entity137,596132,802
Other assets9,9278,033
Total assets4,039,0673,488,214
Current liabilities:  
Current portion of lease liabilities98,50790,597
Borrowings under revolving credit agreement056,400
Accounts payable509,308456,128
Accrued expenses and other current liabilities279,813303,397
Total current liabilities887,628906,522
Long-term obligations:  
Borrowings under revolving credit agreement105,6000
Operating lease liabilities, net of current portion272,154232,144
Finance lease liabilities, net of current portion12,58511,388
Total long-term obligations390,339243,532
Deferred income taxes and other liabilities95,33889,882
Commitments and contingencies
Watsco, Inc. shareholders' equity:  
Preferred stock, $0.50 par value00
Paid-in capital1,138,749973,060
Accumulated other comprehensive loss, net of tax(47,405)(47,710)
Retained earnings1,197,1841,029,516
Treasury stock, at cost(86,630)(87,440)
Total Watsco, Inc. shareholders' equity2,224,0091,889,237
Non-controlling interest441,753359,041
Total shareholders' equity2,665,7622,248,278
Total liabilities and shareholders' equity4,039,0673,488,214
Common Stock  
Watsco, Inc. shareholders' equity:  
Common stock19,32319,054
Class B Common Stock  
Watsco, Inc. shareholders' equity:  
Common stock$ 2,788$ 2,757
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
 WEBSITEwww.watsco.com
 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 Feb 23 2024, market cap of Watsco Inc is 15.17 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 Feb 23 2024, WSO's PE ratio (Price to Earnings) is 24.58 and Price to Sales (PS) ratio is 2.09. 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 0.18 (multiply by 100 for percentage) rate of return.