Watsco Inc (WSO) — Capital Reinvestment Ratio
Watsco Inc (WSO) 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). See Watsco Inc balance sheet quality to measure how much of total assets are equity-financed.
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. Check WSO total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Watsco Inc (1991–2025)
Year-by-year Capital Reinvestment Ratio for Watsco Inc from 1991 to 2025. For live market cap and broader valuation context, see WSO market cap overview.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.06x | $569.61 Million | $34.09 Million | ▲ +53.8% |
| 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 | — |