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Watsco WSO Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

Lennox International logo
Lennox InternationalLII
$404.4M+25.2%
Wesco International logo
Wesco InternationalWCC
$889M+14.6%
Mueller Industries logo
Mueller IndustriesMLI
$22.87M-30.0%
nVent Electric plc logo
nVent Electric plcNVT
$132.8M+25.4%
Genuine Parts logo
Genuine PartsGPC
$2.07B+13.2%
Home Depot logo
Home DepotHD
$9.28B+6.6%

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:OperatingLeaseRightOfUseAsset.

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 operating lease ROU assets?
Watsco (WSO) reported operating lease ROU assets of $460.73M in Q1 2026.
How has Watsco's operating lease ROU assets changed year-over-year?
Watsco's operating lease ROU assets increased by 6.5% year-over-year, from $432.69M to $460.73M.
What is the long-term trend for Watsco's operating lease ROU assets?
Over 5 years (2020 to 2025), Watsco's operating lease ROU assets has grown at a 16.7% compound annual growth rate (CAGR), from $209.17M to $452.55M.
What does operating lease ROU assets mean?
The value of the company's right to use leased property, like warehouses, over the duration of the lease.
How do you interpret operating lease ROU assets?
An increase indicates expansion of the physical footprint through leasing, while a decrease suggests consolidation or lease expirations.
How does operating lease ROU assets compare across companies?
Highly comparable across companies with similar distribution footprints and leasing strategies.