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Watsco WSO Accounts Receivable

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Other financials

Income statement

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Revenue$1.5B+0.1%
Gross profit$427.6M-0.5%
Operating income$110.2M-1.8%
Net income$79.1M-1.2%
EPS (diluted)$1.87-3.1%

Balance sheet

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Cash & equivalents$392.7M-9.1%
Total debt$496.3M+4.8%
Total equity$2.8B+3.6%
Total assets$4.6B+4.4%

Cash flow

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Operating cash flow-$18.9M+89.4%
CapEx$7.0M-7.7%
Free cash flow-$25.9M+86.0%

Valuation

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Market cap$16.52B-28.1%
Enterprise value$16.62B-27.7%
P/E33.3×-10.1×
P/S2.3×-0.7×

Profitability

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Gross margin28%+1.1pp
Operating margin9.9%-0.2pp
Net margin6.8%-0.1pp

Returns & leverage

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Return on equity18.3%-2.1pp
Debt / equity0.2×0.0×
Current ratio3.3×+0.1×

Where this comes from

Reported directly by Watsco in its filing.

Tagged under the XBRL concept us-gaap:AccountsReceivableNetCurrent.

The official record: Watsco’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Watsco's accounts receivable?
Watsco (WSO) reported accounts receivable of $839.24M in Q1 2026.
How has Watsco's accounts receivable changed year-over-year?
Watsco's accounts receivable increased by 5.7% year-over-year, from $794.31M to $839.24M.
What is the long-term trend for Watsco's accounts receivable?
Over 5 years (2020 to 2025), Watsco's accounts receivable has grown at a 8.3% compound annual growth rate (CAGR), from $535.29M to $796.18M.
What does accounts receivable mean?
The amount of money customers owe the company for products purchased on credit, minus estimated uncollectible amounts.
How do you interpret accounts receivable?
A decrease relative to sales suggests efficient collection processes, while an increase may signal deteriorating customer credit quality or aggressive sales tactics.
How does accounts receivable compare across companies?
Standard across distribution industries; peers typically benchmark this against Days Sales Outstanding (DSO).