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CapEx at other companies

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$55.5M+118%
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Trane TechnologiesTT
$79.7M-33.0%
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Ferguson EnterprisesFERG
$92M+26.0%
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Carrier GlobalCARR
$94M+49.2%
EMCOR Group logo
EMCOR GroupEME
$28.71M+9.9%
Comfort Systems USA logo
Comfort Systems USAFIX
$147.47M+564%

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%
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:PaymentsToAcquirePropertyPlantAndEquipment.

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 capex?
Watsco (WSO) reported capex of $6.96M in Q1 2026.
How has Watsco's capex changed year-over-year?
Watsco's capex decreased by 7.7% year-over-year, from $7.54M to $6.96M.
What is the long-term trend for Watsco's capex?
Over 4 years (2021 to 2025), Watsco's capex has grown at a 7.9% compound annual growth rate (CAGR), from $25.46M to $34.55M.
What does capex mean?
Cash spent on acquiring or maintaining long-term physical assets.
How do you interpret capex?
High levels indicate growth investment, while low levels may suggest maintenance-only spending or capital efficiency.
How does capex compare across companies?
Standard metric for capital-intensive industries; essential for evaluating growth vs. maintenance spending.