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Watsco WSO Net debt / EBITDA

Net debt / EBITDA at other companies

Lennox International logo
Lennox InternationalLII
1.4×+0.1×
Trane Technologies logo
Trane TechnologiesTT
0.9×-0.3×
Ferguson Enterprises logo
Ferguson EnterprisesFERG
1.7×-0.1×
SPX Technologies logo
SPX TechnologiesSPXC
1.1×-1.0×
Aaon logo
AaonAAON
-0.1×
Carrier Global logo
Carrier GlobalCARR
3.7×+1.4×

Other financials

Income statement

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Revenue$2.1B+2.1%
Gross profit$578.9M-4.1%
Operating income$238.4M-12.3%
Net income$163.3M-11.0%
EPS (diluted)$4.00-11.5%

Balance sheet

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Cash & equivalents$364.2M+24.3%
Total debt$496.3M+4.8%
Total equity$3.5B+25.8%
Total assets$5.1B+7.5%

Cash flow

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Operating cash flow-$2.5M+66.0%
CapEx$8.9M+30.7%
Free cash flow-$11.5M+19.7%

Valuation

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Market cap$13.8B-19.0%
P/E29×-3.0×
P/S1.9×-0.4×

Profitability

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Gross margin27.5%0.0pp
Operating margin9.4%-0.9pp
Net margin6.5%-0.5pp
FCF margin9.6%+4.3pp

Returns & leverage

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Return on equity15.3%-4.5pp
Debt / equity0.2×0.0×
Current ratio3.2×+0.1×

Where this comes from

Calculated from Watsco’s reported figures.

Based on the most recent quarter.

The source filing: Watsco’s 10-Q, filed May 8, 2026. Open the filing →

Filed
May 8, 2026, 4:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-214570

FAQ

What is Watsco's net debt / EBITDA?
Watsco (WSO) reported net debt / EBITDA of 0.1× in Q1 2026.
How has Watsco's net debt / EBITDA changed year-over-year?
Watsco's net debt / EBITDA increased by 163.4% year-over-year, from 0.1× to 0.1×.
What is the long-term trend for Watsco's net debt / EBITDA?
Over 5 years (2020 to 2025), Watsco's net debt / EBITDA has grown at a 30.8% compound annual growth rate (CAGR), from 0.2× to 0.7×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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