Friday 6 November 2026 Export WSO’s income statement to Excel — free account

Watsco, Inc.

WSO Industrials Industrial Distribution

Watsco, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.2 billion, down 4.98% from fiscal 2024.

Revenue: +7.42%
EPS: −11.5%
Free cash flow: −8.87%
Total debt: +815.5%

Quarter to September 2026, against a year earlier

Dividend growth 10 yrs

304.94 6.20 −1.99%

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Market cap: $13.0B
P/E: 27.0×
Fwd P/E: 26.4×
Dividend yield: 4.14%
F-score: 6/9
Altman Z: 9.62
Beneish M: −2.48
Dividend safety: 56/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Watsco, Inc. (WSO) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Watsco, Inc. (WSO) trades at a P/B ratio of 3.4×. Over the past ten years it has ranged from 2.7× (December 2018) to 6.8× (November 2024); the current reading is higher than 13% of that period. That is in line with the Industrial Distribution industry median of 3.4× and above the Industrials sector median of 2.2×.

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<iframe src="https://stockrow.com/embed/WSO/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Watsco, Inc. P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/WSO/metrics/pb-ratio">Watsco, Inc. (WSO) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2025	4.0×	(31.58%)
FY2024	5.8×	(0.96%)
FY2023	5.8×	44.53%
FY2022	4.0×	(26.83%)
FY2021	5.5×	23.67%
FY2020	4.5×	22.65%
FY2019	3.6×	22.08%
FY2018	3.0×	(17.07%)
FY2017	3.6×	(7.20%)
FY2016	3.9×	22.74%

Period	P/B ratio	Change
Sep 2026	3.3×	(28.65%)
Jun 2026	4.6×	6.67%
Mar 2026	4.3×	8.49%
Dec 2025	4.0×	(14.66%)
43 more quarters	Free account

Against its own ten years

Low 2.7× High 6.8×

Ten-year median 4.1×

Current reading's percentile 10

Company	P/B ratio
QXO QXO, Inc. compare	1.0×
WCC WESCO International, Inc. compare	2.6×
WSO Watsco, Inc.	3.4×
WSO.B Watsco, Inc. compare	3.4×
CNM Core & Main, Inc. compare	4.2×
MSM MSC Industrial Direct Company, Inc. compare	4.3×
AIT Applied Industrial Technologies, Inc. compare	5.5×
POOL Pool Corporation compare	6.3×
XMTR Xometry, Inc. compare	10.3×
Industrial Distribution industry median	3.4×
Industrials sector median	2.2×
Market median	1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

Watsco, Inc. (WSO) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on WSO

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on WSO

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