Watsco Financial Ratios
NYSE: WSO.BIndustrialsIndustrial DistributionUSD
At close: Sep 28, 9:30 AM ET · Delayed 15 min
Watsco ratio analysis
Watsco earned a net margin of 6.9% in FY 2025, down from 7.0% a year earlier. Gross margin was 28.0% compared with a median of 24.6% over the prior 9 years. Return on equity reached 17.9%, meaning Watsco generated 0.18 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.17 versus 0.17 the year before, and the current ratio was 4.12. At the end of FY 2025, WSO.B traded at 27.7 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 16.4 to 40.2, with a median of 28.7. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Watsco financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 27.66 | 40.23 | 30.89 | 16.39 | 28.46 | 33.25 | 27.92 | 21.83 | 29.09 | 28.88 |
| Price / sales | 1.77 | 2.63 | 2.11 | — | 1.72 | 1.62 | 1.32 | 1.07 | 1.28 | 1.15 |
| Price / book | 4.61 | 7.53 | 6.89 | — | 6.49 | 5.50 | 4.38 | 3.61 | 4.27 | 4.82 |
| Gross margin | 28.0% | 26.8% | 27.4% | 27.9% | 26.6% | 24.2% | 24.3% | 24.6% | 24.5% | 24.5% |
| Operating margin | 10.0% | 10.3% | 10.9% | 11.4% | 10.0% | 7.9% | 7.7% | 8.2% | 8.2% | 8.2% |
| Net margin | 6.9% | 7.0% | 7.4% | 8.3% | 6.7% | 5.3% | 5.2% | 5.3% | 4.8% | 4.3% |
| Free cash flow margin | 7.4% | 9.8% | 7.2% | 7.4% | 5.2% | 10.2% | 6.7% | 3.4% | 6.6% | 5.6% |
| Return on equity (ROE) | 17.9% | 20.2% | 24.1% | 31.8% | 25.2% | 18.1% | 17.1% | 18.0% | 16.0% | 18.2% |
| Return on assets (ROA) | 11.3% | 12.0% | 14.4% | 17.2% | 13.6% | 10.9% | 9.6% | 11.2% | 10.2% | 9.8% |
| Debt / equity | 0.17 | 0.17 | 0.18 | 0.18 | 0.22 | 0.15 | 0.27 | 0.10 | 0.02 | 0.23 |
| Current ratio | 4.12 | 3.13 | 3.36 | 2.54 | 2.70 | 3.05 | 3.35 | 4.03 | 3.21 | 3.94 |
| Revenue growth | -5.0% | 4.6% | 0.1% | 15.8% | 24.2% | 6.0% | 4.9% | 4.7% | 2.9% | 2.6% |
| EPS growth | -7.9% | -2.7% | -11.3% | 42.9% | 53.8% | 7.8% | 0.2% | 11.7% | 12.8% | 5.1% |