Watsco Inc. (WSO)
Watsco Statistics
Share Statistics
Watsco has 40.39M shares outstanding. The number of shares has increased by 2.22% in one year.
| Shares Outstanding | 40.39M |
| Shares Change (YoY) | 2.22% |
| Shares Change (QoQ) | 0.15% |
| Owned by Institutions (%) | 94.28% |
| Shares Floating | 40.24M |
| Failed to Deliver (FTD) Shares | 1.13K |
| FTD / Avg. Volume | 0.42% |
Short Selling Information
The latest short interest is 2.32M, so 5.75% of the outstanding shares have been sold short.
| Short Interest | 2.32M |
| Short % of Shares Out | 5.75% |
| Short % of Float | 5.77% |
| Short Ratio (days to cover) | 9.84 |
Valuation Ratios
The PE ratio is 33.15 and the forward PE ratio is 33.27. Watsco's PEG ratio is 7.19.
| PE Ratio | 33.15 |
| Forward PE | 33.27 |
| PS Ratio | 2.33 |
| Forward PS | 2.2 |
| PB Ratio | 6.69 |
| P/FCF Ratio | 22.99 |
| PEG Ratio | 7.19 |
Enterprise Valuation
Watsco Inc. has an Enterprise Value (EV) of 15.79B.
| EV / Earnings | 29.45 |
| EV / Sales | 2.07 |
| EV / EBITDA | 19.94 |
| EV / EBIT | 20.2 |
| EV / FCF | 20.43 |
Financial Position
The company has a current ratio of 3.13, with a Debt / Equity ratio of 0.17.
| Current Ratio | 3.13 |
| Quick Ratio | 1.72 |
| Debt / Equity | 0.17 |
| Total Debt / Capitalization | 14.41 |
| Cash Flow / Debt | 1.73 |
| Interest Coverage | 0 |
Financial Efficiency
Return on equity (ROE) is 0.2% and return on capital (ROIC) is 14.87%.
| Return on Equity (ROE) | 0.2% |
| Return on Assets (ROA) | 0.12% |
| Return on Capital (ROIC) | 14.87% |
| Revenue Per Employee | $1,055,168.56 |
| Profits Per Employee | $74,277.84 |
| Employee Count | 7,220 |
| Asset Turnover | 1.7 |
| Inventory Turnover | 4.02 |
Taxes
| Income Tax | 266.36M |
| Effective Tax Rate | 0.33 |
Stock Price Statistics
The stock price has increased by 21.76% in the last 52 weeks. The beta is 0.91, so Watsco's price volatility has been higher than the market average.
| Beta | 0.91 |
| 52-Week Price Change | 21.76% |
| 50-Day Moving Average | 488.13 |
| 200-Day Moving Average | 489.96 |
| Relative Strength Index (RSI) | 53.05 |
| Average Volume (20 Days) | 266.35K |
Income Statement
In the last 12 months, Watsco had revenue of 7.62B and earned 536.29M in profits. Earnings per share was 14.3.
| Revenue | 7.62B |
| Gross Profit | 2.04B |
| Operating Income | 781.77M |
| Net Income | 536.29M |
| EBITDA | 792.1M |
| EBIT | 781.77M |
| Earnings Per Share (EPS) | 14.3 |
Balance Sheet
The company has 526.27M in cash and 447.46M in debt, giving a net cash position of 78.81M.
| Cash & Cash Equivalents | 526.27M |
| Total Debt | 447.46M |
| Net Cash | 78.81M |
| Retained Earnings | 1.3B |
| Total Assets | 4.48B |
| Working Capital | 2.1B |
Cash Flow
In the last 12 months, operating cash flow was 773.1M and capital expenditures 0, giving a free cash flow of 773.1M.
| Operating Cash Flow | 773.1M |
| Capital Expenditures | 0 |
| Free Cash Flow | 773.1M |
| FCF Per Share | 20.61 |
Margins
Gross margin is 26.84%, with operating and profit margins of 10.26% and 7.04%.
| Gross Margin | 26.84% |
| Operating Margin | 10.26% |
| Pretax Margin | 10.54% |
| Profit Margin | 7.04% |
| EBITDA Margin | 10.4% |
| EBIT Margin | 10.26% |
| FCF Margin | 10.15% |
Dividends & Yields
WSO pays an annual dividend of $10.8, which amounts to a dividend yield of 2.18%.
| Dividend Per Share | $10.80 |
| Dividend Yield | 2.18% |
| Dividend Growth (YoY) | 10.2% |
| Payout Ratio | 81.02% |
| Earnings Yield | 2.92% |
| FCF Yield | 3.9% |
Analyst Forecast
The average price target for WSO is $480, which is -2.1% lower than the current price. The consensus rating is "Hold".
| Price Target | $480 |
| Price Target Difference | -2.1% |
| Analyst Consensus | Hold |
| Analyst Count | 5 |
Stock Splits
The last stock split was on Aug 17, 1998. It was a forward split with a ratio of 3:2.
| Last Split Date | Aug 17, 1998 |
| Split Type | forward |
| Split Ratio | 3:2 |
Scores
| Altman Z-Score | 11.47 |
| Piotroski F-Score | 6 |