Watsco Inc. - Class A logo

WSO

Watsco Inc. - Class A

$306.48

Earnings Summary

Revenue
$2133.76Mn
Net Profits
$192.56Mn
Net Profit Margins
9.02%
PE Ratio
26.11

Highlights

Revenue:

Watsco Inc. - Class A’s revenue jumped 15.36% since last year same period to $2133.76Mn in the Q2 2022. On a quarterly growth basis, Watsco Inc. - Class A has generated 40.05% jump in its revenue since last 3-months.

Net Profits:

Watsco Inc. - Class A’s net profit jumped 33.63% since last year same period to $192.56Mn in the Q2 2022. On a quarterly growth basis, Watsco Inc. - Class A has generated 69.96% jump in its net profits since last 3-months.

Net Profit Margins:

Watsco Inc. - Class A’s net profit margin jumped 15.83% since last year same period to 9.02% in the Q2 2022. On a quarterly growth basis, Watsco Inc. - Class A has generated 21.35% jump in its net profit margins since last 3-months.

PE Ratio:

Watsco Inc. - Class A’s price-to-earnings ratio after this Q2 2022 earnings stands at 26.11.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Watsco Inc. - Class A post its latest quarter earnings

EPS Estimate Current Quarter
4.27
EPS Estimate Current Year
4.27

Highlights

EPS Estimate Current Quarter:

Watsco Inc. - Class A’s earning per share (EPS) estimates for the current quarter stand at 4.27 - a -15.45% fall from last quarter’s estimates.

EPS Estimate Current Year:

Watsco Inc. - Class A’s earning per share (EPS) estimates for the current year stand at 4.27.

Key Ratios

Key ratios of the Watsco Inc. - Class A post its Q2 2022 earnings

Earning Per Share (EPS)
4.93
Return on Assets (ROA)
0.14
Return on Equity (ROE)
0.26
Dividend Per Share (DPS)
7.63

Highlights

Earning Per Share (EPS):

Watsco Inc. - Class A’s earning per share (EPS) jumped 32.88% since last year same period to 4.93 in the Q2 2022. This indicates that the Watsco Inc. - Class A has generated 32.88% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Watsco Inc. - Class A’s return on assets (ROA) stands at 0.14.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Watsco Inc. - Class A’s return on equity (ROE) stands at 0.26.

Dividend Per Share (DPS):

Watsco Inc. - Class A declared 7.63 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-05
1.78
2.9
62.92%
2022-08-04
5.05
4.93
-2.38%

Company Information

Watsco is the largest distribution network for heating, air conditioning and refrigeration (HVAC/R) products with locations in the United States, Canada, Mexico and Puerto Rico, and on an export basis to Latin America and the Caribbean. Watsco estimates that over 300,000 contractors and technicians visit or call one of its 600 locations each year to get information, obtain technical support and buy products. HVAC/R products provide comfort to homes and businesses regardless of the outdoor climate. Older systems often operate below today's government mandated energy efficiency and environmental standards. Watsco has an opportunity to accelerate the replacement of these systems at a scale greater than its competitors as the movement toward reducing energy consumption and its environmental impact continues. This is especially important since heating and cooling accounts for approximately half of the energy consumed in a typical U.S. home.

Organisation
Watsco Inc. - Class A
Headquarters
Coconut Grove, Florida, US
Employees
5.8K
Industry
Building Products
CEO
Albert Nahmad