Watsco Inc. (WSO)
Watsco Statistics
Share Statistics
Watsco has 40.38M shares outstanding. The number of shares has increased by 2.22% in one year.
| Shares Outstanding | 40.38M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 0.15% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 40.21M |
| Failed to Deliver (FTD) Shares | 9.61K |
| FTD / Avg. Volume | 4.71% |
Short Selling Information
The latest short interest is 2.46M, so 6.07% of the outstanding shares have been sold short.
| Short Interest | 2.46M |
| Short % of Shares Out | 6.07% |
| Short % of Float | 6.1% |
| Short Ratio (days to cover) | 13.08 |
Valuation Ratios
The PE ratio is 29.18 and the forward PE ratio is 36.24. Watsco 's PEG ratio is 0.73.
| PE Ratio | 29.18 |
| Forward PE | 36.24 |
| PS Ratio | 2.15 |
| Forward PS | 2.3 |
| PB Ratio | 7.02 |
| P/FCF Ratio | 29.73 |
| PEG Ratio | 0.73 |
Enterprise Valuation
Watsco Inc. has an Enterprise Value (EV) of 15.79B.
| EV / Earnings | 29.45 |
| EV / Sales | 2.17 |
| EV / EBITDA | 19.03 |
| EV / EBIT | 20.47 |
| EV / FCF | 30 |
Financial Position
The company has a current ratio of 3.36, with a Debt / Equity ratio of 0.18.
| Current Ratio | 3.36 |
| Quick Ratio | 1.47 |
| Debt / Equity | 0.18 |
| Total Debt / Capitalization | 15.36 |
| Cash Flow / Debt | 1.39 |
| Interest Coverage | 156.79 |
Financial Efficiency
Return on equity (ROE) is 0.24% and return on capital (ROIC) is 20.5%.
| Return on Equity (ROE) | 0.24% |
| Return on Assets (ROA) | 0.14% |
| Return on Capital (ROIC) | 20.5% |
| Revenue Per Employee | 990.99K |
| Profits Per Employee | 72.97K |
| Employee Count | 7.35K |
| Asset Turnover | 1.95 |
| Inventory Turnover | 3.93 |
Taxes
| Income Tax | 155.75M |
| Effective Tax Rate | 0.2 |
Stock Price Statistics
The stock price has increased by 24.38% in the last 52 weeks. The beta is 0.87, so Watsco 's price volatility has been higher than the market average.
| Beta | 0.87 |
| 52-Week Price Change | 24.38% |
| 50-Day Moving Average | 507.89 |
| 200-Day Moving Average | 483.25 |
| Relative Strength Index (RSI) | 48.42 |
| Average Volume (20 Days) | 204.11K |
Income Statement
In the last 12 months, Watsco had revenue of 7.28B and earned 536.34M in profits. Earnings per share was 13.67.
| Revenue | 7.28B |
| Gross Profit | 1.99B |
| Operating Income | 771.42M |
| Net Income | 536.34M |
| EBITDA | 829.90M |
| EBIT | 771.42M |
| Earnings Per Share (EPS) | 13.67 |
Balance Sheet
The company has 210.11M in cash and 404.79M in debt, giving a net cash position of -194.68M.
| Cash & Cash Equivalents | 210.11M |
| Total Debt | 404.79M |
| Net Cash | -194.68M |
| Retained Earnings | 1.18B |
| Total Assets | 4.52B |
| Working Capital | 2.20B |
Cash Flow
In the last 12 months, operating cash flow was 561.95M and capital expenditures -35.48M, giving a free cash flow of 526.48M.
| Operating Cash Flow | 561.95M |
| Capital Expenditures | -35.48M |
| Free Cash Flow | 526.48M |
| FCF Per Share | 14.41 |
Margins
Gross margin is 27.35%, with operating and profit margins of 10.59% and 7.36%.
| Gross Margin | 27.35% |
| Operating Margin | 10.59% |
| Pretax Margin | 10.84% |
| Profit Margin | 7.36% |
| EBITDA Margin | 11.39% |
| EBIT Margin | 10.59% |
| FCF Margin | 7.23% |
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 | 83.14% |
| Earnings Yield | 2.8% |
| FCF Yield | 2.67% |
Analyst Forecast
The average price target for WSO is $500, which is 2.3% higher than the current price. The consensus rating is "Hold".
| Price Target | $500 |
| Price Target Difference | 2.3% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
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 | 12.02 |
| Piotroski F-Score | 6 |