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Watsco WSO Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

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$17.34M+17.5%
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5.8%+0.1pp
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$299.64M

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$535.3M+14.3%
Total equity$3.0B+8.5%
Total assets$5.1B+7.5%

Cash flow

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Operating cash flow-$2.5M+66.0%
CapEx$9.0M+31.5%
Free cash flow-$11.5M+19.3%

Valuation

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Market cap$13.22B-21.9%
Enterprise value$13.39B-21.7%
P/E27.8×-4.1×
P/S1.8×-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 equity16.5%-3.3pp
Debt / equity0.2×0.0×
Current ratio3.2×+0.1×

Where this comes from

Reported directly by Watsco in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

The source filing: Watsco’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-340204
Line itemJune 30, 2026December 31, 2025
Other current assets38,66838,725
Total current assets3,454,0972,954,506
Property and equipment, net146,892136,012
Operating lease right-of-use assets509,300452,547
Goodwill559,693462,509
Intangible assets, net205,252210,427
Investment in unconsolidated entity193,899185,234
Other assets15,58413,570

ITEM 1. CONDENSED CONSOLIDATED UNAUDITED FINANCIAL STATEMENTS

FAQ

What is Watsco's operating lease ROU assets?
Watsco (WSO) reported operating lease ROU assets of $509.3M in Q2 2026.
How has Watsco's operating lease ROU assets changed year-over-year?
Watsco's operating lease ROU assets increased by 19.6% year-over-year, from $425.94M to $509.3M.
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?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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