Watsco (WSO) stock price, revenue, and financials

Watsco market cap is $6.3 b, and annual revenue was $4.55 b in FY 2018

$6.3 B

WSO Mkt cap, 10-Jun-2019

$1.4 B

Watsco Revenue Q2, 2019
Watsco Gross profit (Q2, 2019)328 M
Watsco Gross profit margin (Q2, 2019), %23.9%
Watsco Net income (Q2, 2019)107.9 M
Watsco EBIT (Q2, 2019)134.4 M
Watsco Cash, 30-Jun-201955.9 M

Watsco Revenue Breakdown

Embed Graph

Watsco revenue breakdown by geographic segment: 6.2% from Canada, 90.3% from United States and 3.5% from Other

Watsco Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

3.7b3.9b4.1b4.2b4.3b4.5b

Revenue growth, %

5%4%3%3%

Cost of goods sold

3.1b3.2b3.3b3.4b

Gross profit

1.0b1.0b1.1b1.1b

Gross profit Margin, %

24%25%25%25%

General and administrative expense

670.6m689.0m715.7m757.5m

Operating expense total

670.6m689.0m711.8m757.5m

EBIT

271.2m305.7m336.7m345.6m353.9m372.1m

EBIT margin, %

7%8%8%8%8%8%

Interest expense

5.5m3.7m6.4m2.7m

Pre tax profit

331.2m341.9m347.5m369.3m

Income tax expense

104.7m105.9m90.2m72.8m

Net Income

187.7m208.7m226.5m236.0m257.3m296.5m

Quarterly

USDQ3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

1.2b926.6m2.3b1.3b931.3m1.4b

Cost of goods sold

933.7m695.7m1.7b977.0m697.5m1.0b

Gross profit

295.9m230.8m551.6m319.0m233.8m328.0m

Gross profit Margin, %

24%25%24%25%25%24%

General and administrative expense

183.7m178.5m365.1m200.4m180.1m196.5m

Operating expense total

183.7m178.5m365.1m200.4m180.1m196.5m

EBIT

114.5m53.9m191.3m122.3m55.1m134.4m

EBIT margin, %

9%6%8%9%6%10%

Interest expense

2.1m565.0k1.3m1.0m776.0k1.2m

Pre tax profit

112.3m53.4m190.0m121.3m54.4m133.2m

Income tax expense

32.3m11.0m39.3m24.4m10.6m25.3m

Net Income

80.0m42.4m150.6m96.9m43.8m107.9m

Watsco Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

19.5m24.4m35.2m56.0m80.5m82.9m

Accounts Receivable

399.6m434.2m451.1m476.0m478.1m501.9m

Inventories

583.2m678.0m674.0m685.0m761.3m837.1m

Current Assets

1.0b1.2b1.2b1.2b1.3b1.4b

PP&E

45.4m53.5m62.7m90.5m91.2m91.0m

Goodwill

392.6m387.3m378.3m379.7m382.7m392.0m

Total Assets

1.7b1.8b1.8b1.9b2.0b2.2b

Accounts Payable

141.1m173.4m145.2m185.5m230.5m200.2m

Short-term debt

200.0k244.0k

Current Liabilities

243.5m287.0m270.3m314.9m416.5m357.6m

Long-term debt

235.6m22.1m

Total Debt

235.8m22.3m

Additional Paid-in Capital

606.4m580.6m602.5m592.4m804.0m832.1m

Retained Earnings

339.4m420.9m495.3m550.5m594.6m628.0m

Total Equity

1.1b1.1b1.2b1.3b1.6b1.6b

Debt to Equity Ratio

0.2 x0 x

Debt to Assets Ratio

0.1 x0 x

Financial Leverage

1.5 x1.6 x1.5 x1.5 x1.3 x1.3 x

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

29.2m19.5m16.9m16.7m16.3m21.9m28.5m32.9m30.5m35.9m47.4m51.0m66.7m58.1m72.0m67.6m77.3m55.9m

Accounts Receivable

466.3m394.9m549.9m502.5m436.5m599.1m510.0m464.2m606.5m548.0m481.6m613.2m568.5m486.7m659.9m602.8m504.7m655.4m

Inventories

643.9m707.8m760.0m729.9m800.9m799.0m751.9m746.1m749.3m739.7m751.5m770.0m786.1m810.0m872.9m810.9m893.6m967.4m

Current Assets

1.2b1.1b1.3b1.3b1.3b1.4b1.3b1.3b1.4b1.3b1.3b1.5b1.4b1.4b1.6b1.5b1.5b1.7b

PP&E

44.9m44.1m45.1m45.4m53.1m61.0m63.3m61.9m60.3m59.7m90.5m92.3m90.2m91.3m91.3m93.2m95.6m

Goodwill

394.7m390.1m392.4m389.4m382.5m383.3m380.0m381.2m381.5m380.8m380.2m381.2m383.0m381.6m380.7m397.5m393.5m398.6m

Total Assets

1.8b1.8b2.0b1.9b1.9b2.1b1.9b1.9b2.0b2.0b1.9b2.2b2.1b2.1b2.3b2.2b2.4b2.6b

Accounts Payable

198.3m260.7m269.0m224.3m238.3m243.5m200.6m222.5m273.3m229.7m259.7m286.4m296.3m245.4m358.1m234.5m278.6m356.1m

Short-term debt

2.4m793.0k1.6m1.7m1.5m2.3m

Current Liabilities

311.8m353.2m385.7m340.8m356.1m371.9m331.0m347.3m406.5m358.1m378.9m424.4m460.4m377.7m522.9m508.8m469.8m580.5m

Total Debt

2.4m793.0k1.6m1.7m1.5m2.3m

Additional Paid-in Capital

603.6m613.3m616.0m576.3m588.1m593.0m597.5m610.3m610.3m614.8m575.0m575.7m582.8m814.7m817.6m829.1m841.6m828.9m

Retained Earnings

335.9m342.2m384.3m417.8m419.4m460.2m493.5m490.8m525.3m558.2m539.3m575.6m596.0m581.9m617.7m642.6m603.0m633.0m

Total Equity

1.2b1.1b1.2b1.1b1.1b1.2b1.2b1.2b1.3b1.3b1.2b1.3b1.3b1.5b1.6b1.7b1.6b1.6b

Debt to Equity Ratio

0 x0 x0 x0 x0 x

Debt to Assets Ratio

0 x0 x0 x0 x0 x

Financial Leverage

1.6 x1.6 x1.7 x1.7 x1.7 x1.7 x1.6 x1.5 x1.6 x1.5 x1.6 x1.7 x1.6 x1.3 x1.5 x1.3 x1.5 x1.6 x

Watsco Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

187.7m208.7m226.5m236.0m257.3m296.5m

Depreciation and Amortization

17.7m17.9m19.1m20.1m22.0m22.1m

Accounts Receivable

(26.0m)(41.0m)(26.1m)(26.9m)(1.7m)(28.8m)

Inventories

(41.0m)(99.0m)(3.7m)(9.7m)(73.4m)(79.0m)

Accounts Payable

(7.3m)45.2m(11.8m)43.7m100.0m(57.4m)

Cash From Operating Activities

150.3m145.0m222.8m281.7m306.5m170.6m

Cash From Investing Activities

(14.3m)(19.1m)(22.9m)(42.8m)(81.3m)(26.3m)

Long-term Borrowings

(56.4m)(10.2m)(213.5m)

Dividends Paid

(98.5m)(127.6m)(164.1m)

Cash From Financing Activities

(189.0m)(120.2m)(187.8m)(217.9m)(202.1m)(139.6m)

Net Change in Cash

10.8m20.8m24.5m

Free Cash Flow

135.7m123.5m199.2m238.2m288.6m153.4m

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

159.8m24.4m124.6m42.4m150.6m247.5m43.8m151.7m

Depreciation and Amortization

13.2m4.4m10.9m5.5m11.0m16.5m5.8m11.7m

Accounts Receivable

(90.2m)2.0m549.9m502.5m436.5m599.1m510.0m464.2m606.5m548.0m481.6m(135.0m)568.5m(10.1m)(183.1m)(126.2m)(2.3m)(146.4m)

Inventories

(99.7m)(126.3m)760.0m729.9m800.9m799.0m751.9m746.1m749.3m739.7m751.5m(83.5m)786.1m(49.9m)(113.8m)(50.6m)(55.6m)(117.6m)

Accounts Payable

60.3m112.3m269.0m224.3m238.3m243.5m200.6m222.5m273.3m229.7m259.7m104.6m296.3m(36.6m)107.9m(23.3m)55.4m161.7m

Cash From Operating Activities

51.2m24.9m32.2m(41.6m)(19.3m)70.1m52.9m68.4m

Cash From Investing Activities

(10.7m)(1.7m)(73.8m)(3.4m)(8.7m)(22.3m)(4.1m)(30.8m)

Cash From Financing Activities

(84.7m)(23.1m)35.9m23.3m20.8m(59.8m)(54.9m)(65.3m)

Free Cash Flow

40.3m23.2m21.9m(45.1m)(28.1m)57.2m48.8m59.3m

Watsco Ratios

USDY, 2019

Financial Leverage

1.6 x

Watsco Employee Rating

3.825 votes
Culture & Values
3.4
Work/Life Balance
3.8
Senior Management
3.6
Salary & Benefits
3.3
Career Opportunities
3.7
Source