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Watsco WSO Provision for Credit Losses

Provision for Credit Losses at other companies

Lennox International logo
Lennox InternationalLII
$400K+180%
Aaon logo
AaonAAON
-$120K-236%
CSW Industrials logo
CSW IndustrialsCSW
$188K+161%
Worthington Enterprises logo
Worthington EnterprisesWOR
-$97K-109%
Mueller Industries logo
Mueller IndustriesMLI
$861K+770%
SMP
Standard Motor ProductsSMP
-$124K-108%

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$13.72B-19.0%
P/E28.8×-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

Reported directly by Watsco in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.

The source filing: Watsco’s 8-K, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 7:30 AM EDT
Accession
0001193125-26-322168

FAQ

What is Watsco's provision for credit losses?
Watsco (WSO) reported provision for credit losses of $646K in Q2 2026.
What is the long-term trend for Watsco's provision for credit losses?
Over 3 years (2021 to 2025), Watsco's provision for credit losses has grown at a -8.2% compound annual growth rate (CAGR), from $6.89M to $5.34M.
What does provision for credit losses mean?
Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.

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