profit from every $100 of sales.
$0$100
Watsco
$313.24-0.00% today
-10.7% in 1 year
1-year low $287.501-year high $453.37
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $26.06 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Watsco sold, what it kept, and what it did with the cash.
Sales went from $7.27 billion in 2022 to $7.24 billion in 2025, with $497 million of profit last year.
SalesProfit
Watsco handed back 89% of the cash it generated last year.
$474M
Free cash flow 2025$535M
Bought back its own shares$4M
Paid as dividends$474M
Cash vs. debt$433M vs. $479M
AI analysis
An AI analyst reads Watsco's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 5,055 | 6,280 | 7,274 | 7,284 | 7,618 | 7,239 | |
| 1,223 | 1,668 | 2,030 | 1,992 | 2,045 | 2,030 | |
| 401 | 629 | 809 | 769 | 751 | 693 | |
| 427 | 657 | 841 | 804 | 792 | 736 | |
| 270 | 419 | 601 | 536 | 536 | 497 | |
| – | – | 14.17 | 12.65 | 12.36 | 11.44 | |
| 24.2% | 26.6% | 27.9% | 27.4% | 26.8% | 28.0% | |
| 7.9% | 10.0% | 11.1% | 10.6% | 9.9% | 9.6% | |
| 5.3% | 6.7% | 8.3% | 7.4% | 7.0% | 6.9% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 2,484 | 3,086 | 3,488 | 3,729 | 4,480 | 4,415 |
| Cash | 146 | 118 | 148 | 210 | 526 | 433 |
| Total debt | 216 | 370 | 391 | 405 | 447 | 479 |
| Total liabilities | – | – | 1,240 | 1,113 | 1,415 | 1,193 |
| 1,487 | 1,665 | 1,889 | 2,230 | 2,657 | 2,781 | |
| – | – | 39 | 39 | 40 | 41 | |
| 18.6% | 24.4% | 28.0% | 23.0% | 19.1% | 16.8% | |
| 18.1% | 25.2% | 31.8% | 24.1% | 20.2% | 17.9% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 534 | 350 | 572 | 562 | 773 | 570 | |
| 16 | 25 | 36 | 35 | 30 | 35 | |
| 518 | 324 | 536 | 526 | 743 | 535 | |
| Dividends paid | 266 | 295 | 332 | 383 | 424 | 474 |
| – | – | 87 | 3 | 40 | 4 | |
| 22 | 25 | 29 | 30 | 35 | 35 |
Valuation
- 26.1×
- –
- –
- –
- 1.8×
- 24.2×
- 17.7×
- 4.1%
- 3.8%
- 3.7%
Profitability
- 28.0%
- 9.6%
- 6.9%
- –
- –
- 0.0%
- –
- –
- –
- –
Growth
- +7.4%
- –
- –
- –
- +0.0%
Financial health
- –
- –
- –
- –
- –
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 45%of 985
Bottom 38%of 866
Top 48%of 984
Top 45%of 987
3.7%of the share price, paid each year
On $1,000 invested$37a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
95.3% of its profit
Room to growStretchedMore than it earns: 88.5%
News
Watsco declares $3.30 dividendSeeking Alpha · Oct 1, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Watsco
Is Watsco a good stock to buy?
A business with weak numbers at a fair price. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Watsco AI analysis
Does Watsco pay a dividend?
Yes. At today's price the dividend is 3.7% a year, about 95% of its yearly profit. In 2025 it paid out $474 million in dividends.
Is Watsco stock halal?
Yes. Watsco passes our halal screen: its business is permitted and its debt is 4% of its market value, under the 30% limit. How we check
How has Watsco stock done over the past year?
Down 10.7% over the past twelve months, to $313.24. It traded between $287.50 and $453.37 and is 30.9% below its high.
Prices: daily closes to Nov 6, 2026. Fundamentals: company reports via invest-like data.