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Watsco WSO Cash ratio

Cash ratio at other companies

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Lennox InternationalLII
-0.1×
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Trane TechnologiesTT
0.3×0.0×
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Ferguson EnterprisesFERG
0.1×0.0×
Carrier Global logo
Carrier GlobalCARR
0.2×-0.1×
EMCOR Group logo
EMCOR GroupEME
0.2×+0.1×
Comfort Systems USA logo
Comfort Systems USAFIX
0.3×+0.2×

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

Calculated from Watsco’s reported figures.

Based on the most recent quarter.

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 cash ratio?
Watsco (WSO) reported cash ratio of 0.4× in Q1 2026.
How has Watsco's cash ratio changed year-over-year?
Watsco's cash ratio decreased by 11.6% year-over-year, from 0.5× to 0.4×.
What is the long-term trend for Watsco's cash ratio?
Over 4 years (2021 to 2025), Watsco's cash ratio has grown at a 30.4% compound annual growth rate (CAGR), from 0.6× to 1.7×.
What does cash ratio mean?
How much of its short-term bills the company could pay with cash on hand right now.
How do you interpret cash ratio?
A buffer against stress, but persistently high cash ratios can indicate under-deployed capital. Interpret alongside the company's capital-allocation strategy.
How does cash ratio compare across companies?
Varies widely by business model and treasury policy; best read against the company's own history.