Watsco Inc (WSO-B) — Capital Reinvestment Ratio
Watsco Inc (WSO-B) has a Capital Reinvestment Ratio of 0.03x as of December 2025, meaning it reinvests 0% of its operating cash flow ($399.77 Million) in capital expenditures ($10.84 Million). Check Watsco Inc (WSO-B) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Watsco Inc Capital Reinvestment Ratio (1991–2025)
This chart tracks Watsco Inc's Capital Reinvestment Ratio across 33 annual periods. For the full cash flow conversion analysis, see Watsco Inc (WSO-B) cash flow conversion.
Annual Capital Reinvestment Ratio for Watsco Inc (1991–2025)
Year-by-year Capital Reinvestment Ratio for Watsco Inc from 1991 to 2025. See cash generation quality of Watsco Inc to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.06x | $569.61 Million | $34.55 Million | ▲ +55.8% |
| 2024 | 0.04x | $773.10 Million | $30.09 Million | ▼ -38.4% |
| 2023 | 0.06x | $561.95 Million | $35.48 Million | ▲ +6.9% |
| 2022 | 0.06x | $571.96 Million | $33.79 Million | ▼ -14.3% |
| 2021 | 0.07x | $349.57 Million | $24.11 Million | ▲ +125.5% |
| 2020 | 0.03x | $534.38 Million | $16.34 Million | ▼ -37.5% |
| 2019 | 0.05x | $335.77 Million | $16.43 Million | ▼ -51.4% |
| 2018 | 0.10x | $170.56 Million | $17.15 Million | ▲ +69.8% |
| 2017 | 0.06x | $301.85 Million | $17.88 Million | ▼ -62.3% |
| 2016 | 0.16x | $277.76 Million | $43.58 Million | ▲ +46.6% |
| 2015 | 0.11x | $221.38 Million | $23.70 Million | ▼ -27.9% |
| 2014 | 0.15x | $144.98 Million | $21.51 Million | ▲ +52.9% |
| 2013 | 0.10x | $150.27 Million | $14.58 Million | ▲ +36.5% |
| 2012 | 0.07x | $173.34 Million | $12.32 Million | ▼ -68.6% |
| 2011 | 0.23x | $61.45 Million | $13.93 Million | ▲ +311.2% |
| 2010 | 0.06x | $152.80 Million | $8.42 Million | ▼ -17.7% |
| 2009 | 0.07x | $88.29 Million | $5.91 Million | ▲ +91.3% |
| 2008 | 0.04x | $113.47 Million | $3.97 Million | ▼ -37.7% |
| 2007 | 0.06x | $108.00 Million | $6.07 Million | ▼ -61.0% |
| 2006 | 0.14x | $68.54 Million | $9.88 Million | ▼ -28.6% |
| 2005 | 0.20x | $35.78 Million | $7.23 Million | ▲ +136.1% |
| 2004 | 0.09x | $56.66 Million | $4.85 Million | ▲ +67.9% |
| 2003 | 0.05x | $60.25 Million | $3.07 Million | ▼ -25.0% |
| 2002 | 0.07x | $66.86 Million | $4.54 Million | ▼ -22.8% |
| 2001 | 0.09x | $52.57 Million | $4.62 Million | ▼ -38.6% |
| 2000 | 0.14x | $49.06 Million | $7.03 Million | ▼ -81.6% |
| 1999 | 0.78x | $41.90 Million | $32.60 Million | ▼ -89.5% |
| 1998 | 7.43x | $4.70 Million | $34.90 Million | ▲ +448.2% |
| 1995 | 1.35x | $11.00 Million | $14.90 Million | ▼ -20.7% |
| 1994 | 1.71x | $2.40 Million | $4.10 Million | ▼ -48.8% |
| 1993 | 3.33x | $900.00K | $3.00 Million | ▲ +850.0% |
| 1992 | 0.35x | $5.70 Million | $2.00 Million | ▼ -90.4% |
| 1991 | 3.67x | $300.00K | $1.10 Million | — |