Investor Overview

Watsco, with our extensive distribution network, provides indoor comfort to homes and businesses regardless of conditions.

Financials

Over the last 25 years Watsco has become the undisputed industry leader producing a 21% compounded annual total shareholder return.

Fundamentals

Learn about our performance and what makes us the industry leader.

Stock Information

Our Common stock is listed on the NYSE under the ticker symbol “WSO” and our Class B common stock is listed on the NYSE under the ticker symbol “WSOB”

Corporate Governance

The primary role of Watsco’s Board of Directors is to oversee our business strategy, assess and manage risks and maximize long-term shareholder value

Investor Resources

Our Investor Resources page give you insight into our company’s culture and how it increases performance.


Cash Flow

  Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Update) Year Ending Dec 2013 (Update)
Net Income/Starting Line 235.98 226.52 208.70 187.72
Depreciation – Supplemental 20.07 19.12 17.93 17.71
Depreciation/Depletion 20.07 19.12 17.93 17.71
Deferred Taxes 2.72 4.69 0.29 8.59
Discontinued Operations
Unusual Items -0.19 -0.49 -1.29 -0.16
Other Non-Cash Items 18.15 14.83 14.01 11.11
Non-Cash Items 17.97 14.34 12.72 10.95
Accounts Receivable -26.94 -26.12 -41.07 -25.85
Inventories -9.73 -3.65 -98.74 -40.58
Accounts Payable 39.76 -13.23 45.24 -7.26
Other Assets & Liabilities, Net -2.07 -0.29 -0.09 -1.02
Changes in Working Capital 1.02 -43.28 -94.66 -74.70
Cash from Operating Activities 277.76 221.38 144.98 150.27
Purchase of Fixed Assets -43.58 -23.70 -21.51 -14.58
Capital Expenditures -43.58 -23.70 -21.51 -14.58
Acquisition of Business --
Sale of Fixed Assets 0.74 0.76 2.39 0.32
Sale/Maturity of Investment
Purchase of Investments
Other Investing Cash Flow
Other Investing Cash Flow Items, Total 0.74 0.76 2.39 0.32
Cash from Investing Activities -42.83 -22.94 -19.12 -14.26
Other Financing Cash Flow -81.81 -37.33 -129.55 -68.44
Financing Cash Flow Items -81.81 -37.33 -129.55 -68.44
Cash Dividends Paid - Common -127.60 -98.53 -69.87 -39.84
Total Cash Dividends Paid -127.60 -98.53 -69.87 -39.84
Sale/Issuance of Common 5.65 5.96 4.25 2.19
Repurchase/Retirement of Common
Common Stock, Net 5.65 5.96 4.25 2.19
Issuance (Retirement) of Stock, Net 5.65 5.96 4.25 2.19
Long Term Debt Reduction
Long Term Debt, Net -10.16 -56.41 74.96 -82.96
Issuance (Retirement) of Debt, Net -10.16 -56.41 74.96 -82.96
Cash from Financing Activities -213.92 -186.32 -120.21 -189.05
Foreign Exchange Effects -0.23 -1.34 -0.68 -1.26
Net Change in Cash 20.78 10.78 4.97 -54.29
Net Cash - Beginning Balance 35.23 24.45 19.48 73.77
Net Cash - Ending Balance 56.01 35.23 24.45 19.48
Cash Interest Paid 3.36 4.99 4.39 5.33
Cash Taxes Paid 99.01 103.26 82.85 73.17

In millions of USD (except for per share items)

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