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Watsco WSO Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin110.5%+3.1pp107.3%-3.3pp110.6%-0.4pp111.1%+8.9pp
Operating margin40.5%-0.4pp40.9%-3.8pp44.8%-0.1pp44.9%+7.5pp
Net margin28%-0.1pp28.1%-3.7pp31.8%+1.3pp30.5%+5.4pp
Returns
Return on equity77.4%-11.3pp88.7%-28.6pp117.3%-7.6pp124.9%+30.0pp
Return on invested capital82.7%-8.0pp90.7%-38.8pp129.5%+0.7pp128.9%+30.9pp
Efficiency
Asset turnover6.6×-0.5×7.1×-0.6×7.7×-0.8×8.5×+0.3×
Liquidity
Current ratio14.3×+1.7×12.6×+0.4×12.2×+1.8×10.3×0.0×
Leverage
Debt-to-equity0.9×0.0×0.8×-0.4×1.2×+0.1×1.2×+0.2×
Net debt / EBITDA1.1×+0.1×1.1×-1.1×2.2×+0.2×0.0×
Valuation
Market capitalization$68.07B-3.6%$70.6B+24.0%$56.92B+39.4%$40.85B-6.3%
Price / earnings130.6×-4.2×134.8×+35.3×99.5×+22.4×77.1×-44.4×
Price / sales9.1×-0.3×9.5×+1.6×7.8×+2.0×5.8×-1.7×
Price / book24.8×-2.1×26.9×-0.1×27×+4.7×22.3×-5.0×
EV / EBITDA86.4×-2.7×89.1×+19.4×69.6×+17.4×52.2×-27.1×
Dividend yield11%+1.8pp9.2%-1.2pp10.4%-2.1pp12.6%+2.1pp

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Questions, answered.

What are Watsco's profit margins?
Watsco (WSO) runs a 28.0% gross margin and a 9.9% operating margin, with a 6.8% net margin.
Where do Watsco's ratios come from?
Every ratio is computed from Watsco's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.