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WSO

NYSE
Weak · 41/100

Watsco Inc

Industrials
Trading Companies & Distributors

$402.54

0.5%

Updated Today 12:11 PM ET

Report Card

WSO at a glance — five pillars scored 0–100 from real filed financials.

Value
0
Growth
0
Profitability
0
Health
0
Dividends
0

Overall: Weak · 41/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.

Price — Past Year

▼ Down 11.9% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$15.61B

P/E

32.51x

Forward P/E (est.)

34.9x

ROE

17.8%

Revenue Growth

-4.5%

EPS Growth

-6.8%

Profit Margin

6.8%

FCF Yield

5.0%

Debt / Equity

0.01x

ROIC

19.0%

Interest Coverage

129.86x

Current Ratio

3.34x

Dividend Yield

3.2%

Implied Growth (rev. DCF)

5.4%

Rating Score

41/100

Business Overview
Research

Watsco Inc (WSO) is a large-cap company in the Trading Companies & Distributors industry, part of the Industrials sector of the S&P 500, with a market value around $15.61B.

In its latest reported year it generated about $7.24B in revenue and $496.99M in net profit.

Our model rates WSO Weak (41/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what WSO's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. WSO trades near $402.54, above its 50-day average ($400.41) and 200-day average ($382.80). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 63 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. WSO's is $11.79 (~2.9% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month WSO found buyers near $365.61 (support) and sellers near $420.90 (resistance); its 52-week range is $323.05–$494.94. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 0.3× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Revenue Growth
Research

4Y CAGR

3.6%

0/4 checks passedRevenue growingRevenue growth beats sector midpointEPS growingEPS growing faster than revenue

Revenue moved from $4.22B in 2016 to $7.24B in 2025, a 6.2% compound annual growth rate. The most recent year declined 4.5% year over year. Shrinking revenue is worth a closer look — is it cyclical or structural?

Profitability
Research
3/4 checks passedProfitableNet margin above sector midpointROE above 12%ROIC above 10%

Gross Margin

28.0%

Operating Margin

10.0%

Net Margin

6.9%

ROE

17.8%

Watsco Inc keeps about 6.8% of each sales dollar as net profit, with a 28.0% gross margin and 10.0% operating margin. Return on equity is 17.8% and return on invested capital about 19.0%. Margins are moderate — typical of a competitive but profitable business.

Debt Analysis
Research
4/4 checks passedDebt under 1× equityDebt under 2× equityInterest covered 3×+Short-term bills covered

Total Debt

$219.85M

Net Debt

-$172.83M

Net cash position

Net Debt / EBITDA

-0.24x

Debt / Equity

0.01x

Leverage: debt-to-equity is 0.0x, and operating profit covers interest about 129.9x, with a current ratio of 3.3x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $219.85M of total debt against $392.68M of cash.

Cash Flow Analysis
Research
3/3 checks passedPositive free cash flowFCF yield above 2%Market expects achievable growth (<8%)

Operating CF

$569.61M

Free Cash Flow

$535.06M

FCF Margin

7.4%

In the latest year Watsco Inc produced about $569.61M of operating cash flow and $535.06M of free cash flow after capital spending. That is a free-cash-flow yield of about 5.0% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research
1/4 checks passedPositive earnings (P/E meaningful)P/E below sector's upper bandForward P/E below trailing (earnings growing)Trading below DCF fair value

P/E

32.51x

P/S

2.23x

P/B

4.92x

EV / EBITDA

20.2x

WSO trades at 32.5x trailing earnings (about 34.9x on estimated forward earnings), 2.2x sales, and 4.9x book value. Reverse-engineering today's price implies the market expects roughly 5.4% long-term free-cash-flow growth. That is a premium multiple that needs growth to justify it.

DCF Fair Value (Educational)

A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.

DCF fair value / share

Current price

$402.54

-64% · Above fair-value estimate

Starting FCF (latest 10-K)

$535.06M

Growth, years 1–5

-4.5%

Fade to terminal, years 6–10

2.5%

Discount rate

9.0%

PV of 10-yr free cash flow$2.86B
PV of terminal value$2.78B
Estimated equity value$5.64B

Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
32.5xExpensive
Forward P/E
34.9xExpensive
P/S ratio
2.2xFair
Revenue growth
-4.5%Weak
EPS growth
-6.8%Weak
Gross margin
28.0%Weak
Net margin
6.8%Weak
ROE
17.8%Average

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Bull Case

The case for WSO:

  • Strong return on equity (17.8%) shows capital is put to work well.
  • Healthy free-cash-flow yield (~5.0%) funds buybacks and dividends.
  • A conservative balance sheet (debt/equity 0.0x) lowers risk.
  • Pays a 3.2% dividend on top of any price gains.
Bear Case

The case against WSO:

  • Revenue growth is slow/negative (-4.5%), limiting the upside engine.
  • Our model's overall read is Weak (41/100).
Key Risks
Research

Valuation risk — at 32.5x earnings, disappointing results could compress the multiple.

Growth risk — sluggish revenue (-4.5%) leaves little margin for execution missteps.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen weakly: Watsco Inc is a large-cap industrials business with shrinking revenue, with modest profitability, and a sound balance sheet. It trades at 32.5x earnings, which our model scores Weak (41/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

WSO — frequently asked questions

Is WSO a good stock to buy?

We don't give buy or sell advice. Our model rates Watsco Inc Weak (41/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.

What is WSO's rating on The Stocks School?

Watsco Inc currently scores 41/100 (Weak) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.

How our ratings work
Where does WSO's data come from?

Live price data plus real fundamentals and 5-year financials pulled directly from Watsco Inc's SEC filings — refreshed automatically, not hand-entered.

How is the 5-year projection for WSO calculated?

It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.

Is this WSO analysis financial advice?

No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell WSO. Always do your own research and consider a licensed professional.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.