Watsco Inc. (WSO)
Watsco Statistics
Share Statistics
Watsco has 40.42M shares outstanding. The number of shares has increased by 0.07% in one year.
| Shares Outstanding | 40.42M |
| Shares Change (YoY) | 0.07% |
| Shares Change (QoQ) | -0.07% |
| Owned by Institutions (%) | 94.3% |
| Shares Floating | 40.26M |
| Failed to Deliver (FTD) Shares | 3.36K |
| FTD / Avg. Volume | 1.17% |
Short Selling Information
The latest short interest is 2.42M, so 5.98% of the outstanding shares have been sold short.
| Short Interest | 2.42M |
| Short % of Shares Out | 5.98% |
| Short % of Float | 6% |
| Short Ratio (days to cover) | 6.63 |
Valuation Ratios
The PE ratio is 33.04 and the forward PE ratio is 31.44. Watsco's PEG ratio is -13.69.
| PE Ratio | 33.04 |
| Forward PE | 31.44 |
| PS Ratio | 2.33 |
| Forward PS | 2.3 |
| PB Ratio | 6.67 |
| P/FCF Ratio | 22.92 |
| PEG Ratio | -13.69 |
Enterprise Valuation
Watsco has an Enterprise Value (EV) of 17.64B.
| EV / Sales | 2.32 |
| EV / EBITDA | 22.27 |
| EV / EBIT | 22.82 |
| EV / FCF | 22.82 |
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 |
| Debt / EBITDA | 0.56 |
| Debt / FCF | 0.58 |
| Interest Coverage | 0 |
Financial Efficiency
Return on Equity is 20.18% and Return on Invested Capital is 14.49%.
| Return on Equity | 20.18% |
| Return on Assets | 11.97% |
| Return on Invested Capital | 14.49% |
| Revenue Per Employee | $1.06M |
| Profits Per Employee | $74.28K |
| Employee Count | 7,220 |
| Asset Turnover | 1.7 |
| Inventory Turnover | 4.02 |
Taxes
| Income Tax | 266.36M |
| Effective Tax Rate | 33.19% |
Stock Price Statistics
The stock price has increased by 23.59% in the last 52 weeks. The beta is 0.99, so Watsco's price volatility has been higher than the market average.
| Beta | 0.99 |
| 52-Week Price Change | 23.59% |
| 50-Day Moving Average | 497.44 |
| 200-Day Moving Average | 493.17 |
| Relative Strength Index (RSI) | 55.82 |
| Average Volume (20 Days) | 286.24K |
Income Statement
In the last 12 months, Watsco had revenue of 7.62B and earned 536.29M in profits. Earnings per share was 13.34.
| Revenue | 7.62B |
| Gross Profit | 2.04B |
| Operating Income | 781.77M |
| Net Income | 536.29M |
| EBITDA | 792.1M |
| EBIT | 751.27M |
| Earnings Per Share (EPS) | 13.34 |
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 | 20.68 |
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 $13.8, which amounts to a dividend yield of 2.15%.
| Dividend Per Share | $13.80 |
| Dividend Yield | 2.15% |
| Dividend Growth (YoY) | 10.2% |
| Payout Ratio | 103.92% |
| Earnings Yield | 3.03% |
| FCF Yield | 4.36% |
Analyst Forecast
The average price target for WSO is $480, which is -6% lower than the current price. The consensus rating is "Hold".
| Price Target | $480 |
| Price Target Difference | -6% |
| 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 | 11.63 |
| Piotroski F-Score | 6 |