Watsco Financial Ratios
NYSE: WSOConsumer DiscretionaryIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM 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 traded at 28.4 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 16.2 to 35.8, with a median of 28.9. 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) | 28.35 | 35.77 | 31.34 | 16.18 | 29.02 | 32.32 | 27.58 | 22.02 | 29.27 | 28.76 |
| Price / sales | 1.82 | 2.33 | 2.14 | — | 1.76 | 1.57 | 1.30 | 1.08 | 1.29 | 1.14 |
| Price / book | 4.72 | 6.70 | 7.00 | — | 6.62 | 5.34 | 4.33 | 3.64 | 4.30 | 4.80 |
| 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% |