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Last update at 2024-01-22T14:30:00Z
Unlocking Q3 Potential of Watsco (WSO): Exploring Wall Street Estimates for Key Metrics
Mon 21 Oct 24, 01:16 PMWatsco (WSO) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Wed 16 Oct 24, 02:01 PMWatsco Schedules Third Quarter Earnings Conference Call on Wednesday, October 23, 2024
Tue 15 Oct 24, 11:30 AMWatsco Inc (WSO) Q2 2024 Earnings Call Highlights: Record Sales and Strategic Growth Initiatives
Wed 09 Oct 24, 07:25 PMFiring on All Cylinders: MRC Global (NYSE:MRC) Q2 Earnings Lead the Way
Mon 07 Oct 24, 08:18 AMWatsco (NYSE:WSO) sheds 3.3% this week, as yearly returns fall more in line with earnings growth
Fri 04 Oct 24, 11:21 AMWatsco Declares $2.70 Quarterly Dividend
Tue 01 Oct 24, 11:30 AMIs Watsco, Inc. (WSO) the Best Industrial Distribution Stock to Buy Now?
Sun 22 Sep 24, 09:58 AMWatsco, Inc. (WSO): A Bull Case Theory
Fri 20 Sep 24, 01:40 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 829.41M | 627.53M | 399.80M | 362.85M | 369.34M |
Minority interest | -102.52900M | 79.79M | 53.59M | 279.34M | 253.86M |
Net income | 601.17M | 418.94M | 269.58M | 245.95M | 242.93M |
Selling general administrative | 1221.38M | 1058.32M | 833.05M | 800.33M | 757.45M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 2030.29M | 1667.55M | 1222.82M | 1156.96M | 1120.25M |
Reconciled depreciation | 31.68M | 28.13M | 25.91M | 24.51M | 22.09M |
Ebit | 799.89M | 600.40M | 375.13M | 342.37M | 349.99M |
Ebitda | 831.58M | 628.53M | 401.03M | 366.88M | 372.08M |
Depreciation and amortization | 31.68M | 28.13M | 25.91M | 24.51M | 22.09M |
Non operating income net other | - | - | - | - | 0.00000M |
Operating income | 831.58M | 628.53M | 401.03M | 366.88M | 372.08M |
Other operating expenses | 6465.44M | 5670.96M | 4665.16M | 4413.73M | 4183.85M |
Interest expense | 2.17M | 1.00M | 1.24M | 4.03M | 2.74M |
Tax provision | 125.72M | 128.80M | 76.62M | 67.08M | 72.81M |
Interest income | - | - | - | - | - |
Net interest income | -2.16500M | -0.99600M | -1.23900M | -4.03200M | -2.74000M |
Extraordinary items | - | - | - | - | 0.00000M |
Non recurring | - | - | - | - | 0.00000M |
Other items | - | - | - | - | 0.00000M |
Income tax expense | 125.72M | 128.80M | 76.62M | 67.08M | 72.81M |
Total revenue | 7274.34M | 6280.19M | 5054.93M | 4770.36M | 4546.65M |
Total operating expenses | 1221.38M | 1058.32M | 833.05M | 800.33M | 757.45M |
Cost of revenue | 5244.06M | 4612.65M | 3832.11M | 3613.41M | 3426.40M |
Total other income expense net | -2.16500M | -0.99600M | -1.23900M | -4.03200M | 9.28M |
Discontinued operations | - | - | - | - | 0.00000M |
Net income from continuing ops | 703.70M | 498.74M | 323.17M | 295.77M | 296.53M |
Net income applicable to common shares | 601.17M | 418.94M | 269.58M | 225.54M | 223.14M |
Preferred stock and other adjustments | - | - | - | - | 0.00000M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Total assets | 3488.21M | 3085.86M | 2496.92M | 2556.16M | 2161.03M |
Intangible assets | 175.19M | 186.90M | 169.93M | 172.00M | 147.85M |
Earning assets | - | - | - | - | - |
Other current assets | 33.95M | 29.21M | 21.79M | 17.68M | 19.88M |
Total liab | 1239.94M | 1088.45M | 717.16M | 841.39M | 559.32M |
Total stockholder equity | 1889.24M | 1664.95M | 1486.68M | 1435.43M | 1347.85M |
Deferred long term liab | 89.88M | 76.51M | 73.10M | - | 0.00000M |
Other current liab | 303.40M | 278.04M | 71.80M | 69.42M | 157.09M |
Common stock | 21.81M | 21.84M | 21.70M | 21.53M | 21.17M |
Capital stock | 21.81M | 21.84M | 21.70M | 21.53M | 21.17M |
Retained earnings | 1029.52M | 760.80M | 636.37M | 632.51M | 627.97M |
Other liab | 89.88M | 85.70M | 73.10M | 67.70M | 66.00M |
Good will | 430.71M | 434.02M | 412.49M | 411.22M | 392.00M |
Other assets | 6.36M | 6.40M | 6.18M | 6.58M | 7.90M |
Cash | 147.50M | 118.27M | 146.07M | 74.45M | 82.89M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 906.52M | 726.72M | 499.71M | 461.72M | 357.57M |
Current deferred revenue | - | - | 104.55M | 83.21M | 156.84M |
Net debt | 231.64M | 242.26M | 65.26M | 235.52M | 52.55M |
Short term debt | 147.00M | 84.50M | 71.80M | 69.42M | 0.25M |
Short long term debt | 147.00M | 84.50M | 71.80M | 69.42M | 0.25M |
Short long term debt total | 379.14M | 360.52M | 211.33M | 309.97M | 135.45M |
Other stockholder equity | 885.62M | 916.49M | 863.48M | 820.44M | 744.68M |
Property plant equipment | 125.42M | 111.02M | 98.22M | 321.89M | 91.05M |
Total current assets | 2298.74M | 1961.40M | 1497.02M | 1546.73M | 1441.81M |
Long term investments | 132.80M | 114.81M | 97.85M | 94.83M | 80.44M |
Net tangible assets | 1283.34M | 1664.95M | 1486.68M | 852.21M | 808.00M |
Short term investments | - | - | - | - | 0.00000M |
Net receivables | 747.11M | 698.46M | 535.29M | 533.81M | 501.91M |
Long term debt | 243.53M | 285.21M | 144.34M | 157.71M | 135.75M |
Inventory | 1370.17M | 1115.47M | 793.87M | 920.79M | 837.13M |
Accounts payable | 456.13M | 364.19M | 251.55M | 239.67M | 200.23M |
Total permanent equity | - | - | - | - | 0.00000M |
Noncontrolling interest in consolidated entity | 359.04M | 332.47M | 293.08M | - | 0.00000M |
Temporary equity redeemable noncontrolling interests | - | - | - | - | 0.00000M |
Accumulated other comprehensive income | -47.71000M | -34.17600M | -34.86700M | -39.05000M | -45.96800M |
Additional paid in capital | - | - | - | - | 0.00000M |
Common stock total equity | 21.81M | 21.84M | 21.70M | - | 0.00000M |
Preferred stock total equity | - | - | - | - | 0.00000M |
Retained earnings total equity | 1029.52M | 760.80M | 636.37M | - | 0.00000M |
Treasury stock | -87.44000M | -87.44000M | -87.44000M | - | 0.00000M |
Accumulated amortization | - | - | - | - | 0.00000M |
Non currrent assets other | -132.80200M | 9.19M | 12.25M | 9.48M | 88.33M |
Deferred long term asset charges | - | - | - | - | 0.00000M |
Non current assets total | 1189.47M | 1124.46M | 999.90M | 1009.43M | 719.23M |
Capital lease obligations | 232.14M | 187.02M | 139.53M | 154.27M | 0.00000M |
Long term debt total | 243.53M | 285.21M | 144.34M | - | 0.00000M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -33.83600M | -148.57700M | -16.34200M | -4.94000M | -3.76000M |
Change to liabilities | 121.99M | 182.82M | 33.94M | 12.73M | -57.39800M |
Total cashflows from investing activities | -33.83600M | -148.57700M | -16.34200M | -81.03700M | -26.31100M |
Net borrowings | -35.64200M | 88.98M | -157.33700M | 20.50M | 113.40M |
Total cash from financing activities | -503.95800M | -228.60200M | -448.49300M | -264.02300M | -139.60300M |
Change to operating activities | 1.33M | -10.43800M | 167.15M | -5.87300M | -2.99100M |
Net income | 703.70M | 498.74M | 323.17M | 295.77M | 296.53M |
Change in cash | 29.24M | -27.79900M | 71.61M | -8.44000M | 2.40M |
Begin period cash flow | 118.27M | 146.07M | 74.45M | 82.89M | 80.50M |
End period cash flow | 147.50M | 118.27M | 146.07M | 74.45M | 82.89M |
Total cash from operating activities | 571.96M | 349.57M | 534.38M | 335.77M | 170.56M |
Issuance of capital stock | 20.42M | 21.01M | 19.26M | 13.34M | 6.59M |
Depreciation | 31.68M | 28.13M | 25.91M | 24.51M | 22.09M |
Other cashflows from investing activities | 1.82M | -123.11300M | 0.09M | 4.99M | 4.99M |
Dividends paid | -332.44700M | -294.52200M | -265.71300M | -241.41200M | 209.22M |
Change to inventory | -259.86000M | -243.66000M | 139.93M | -15.52500M | -78.95400M |
Change to account receivables | -60.15400M | -130.41400M | -3.55900M | 8.46M | -28.83100M |
Sale purchase of stock | -87.10700M | -1.09200M | -2.29900M | -1.52800M | -3.78200M |
Other cashflows from financing activities | -101.78400M | 48.04M | -42.59700M | -33.18400M | 88.61M |
Change to netincome | 33.28M | 24.40M | 18.15M | 59.64M | 70.71M |
Capital expenditures | 33.79M | 24.11M | 16.34M | 16.43M | 16.93M |
Change receivables | -60.15400M | -130.41400M | -3.55900M | - | 0.00000M |
Cash flows other operating | 1.33M | -10.43800M | -3.16000M | - | 0.00000M |
Exchange rate changes | - | -0.18600M | 2.07M | - | 0.00000M |
Cash and cash equivalents changes | 34.17M | -27.79900M | 71.61M | - | 0.00000M |
Change in working capital | -196.69200M | -201.69300M | 167.15M | -0.20700M | -168.17400M |
Stock based compensation | 28.82M | 25.36M | 22.13M | 17.03M | 15.51M |
Other non cash items | -9.01000M | -6.90700M | -4.01600M | -2.61900M | -3.69100M |
Free cash flow | 538.17M | 325.46M | 518.04M | 319.35M | 153.63M |
Sector: Industrials Industry: Industrial Distribution
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
WSO-B Watsco Inc |
- -% | 412.60 | 27.85 | 28.25 | 2.27 | 7.48 | 2.31 | 19.57 |
GWW WW Grainger Inc |
15.96 1.35% | 1194.41 | 23.17 | 21.79 | 2.53 | 13.38 | 2.67 | 15.55 |
FERG Ferguson Plc |
3.43 1.69% | 206.17 | 21.38 | 19.34 | 1.30 | 7.15 | 1.45 | 14.92 |
FAST Fastenal Company |
0.54 0.66% | 82.36 | 32.06 | 32.79 | 5.46 | 12.04 | 5.53 | 23.77 |
WSO Watsco Inc |
12.80 2.40% | 546.20 | 28.08 | 27.93 | 2.27 | 7.40 | 2.31 | 19.57 |
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.
2665 South Bayshore Drive, Miami, FL, United States, 33133
Name | Title | Year Born |
---|---|---|
Mr. Albert H. Nahmad | Chairman & CEO | 1941 |
Mr. Aaron J. Nahmad | Pres & Director | 1981 |
Ms. Ana M. Menendez | CFO & Treasurer | 1965 |
Mr. Barry S. Logan | Exec. VP of Planning & Strategy and Sec. | 1963 |
Mr. Steven Rupp | Chief Technology Officer | NA |
Mr. Paul W. Johnston | Exec. VP | 1953 |
Mr. Rick Gomez | VP of Corp. Devel. | NA |
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