Watsco Inc
Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, and refrigeration equipment, and related parts and supplies in the United States, Canada, Latin America, and the Caribbean. The company distributes equipment, including residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and hea… Read more
Watsco Inc (WSO) - Total Assets
Latest total assets as of September 2025: $4.55 Billion USD
Based on the latest financial reports, Watsco Inc (WSO) holds total assets worth $4.55 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Watsco Inc - Total Assets Trend (1985–2024)
This chart illustrates how Watsco Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Watsco Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Watsco Inc's total assets of $4.55 Billion consist of 68.0% current assets and 32.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $526.27 Million | 11.6% |
| Accounts Receivable | $877.93 Million | 19.4% |
| Inventory | $1.39 Billion | 30.6% |
| Property, Plant & Equipment | $559.67 Million | 12.4% |
| Intangible Assets | $208.47 Million | 4.6% |
| Goodwill | $451.86 Million | 10.0% |
Asset Composition Trend (1985–2024)
This chart illustrates how Watsco Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Watsco Inc's current assets represent 68.0% of total assets in 2024, a decrease from 84.9% in 1985.
- Cash Position: Cash and equivalents constituted 11.6% of total assets in 2024, down from 56.8% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 13.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is inventory at 30.6% of total assets.
Watsco Inc Competitors by Total Assets
Key competitors of Watsco Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China National Complete Plant Import & Export Corp Ltd
SHE:000151
|
China | CN¥2.20 Billion |
|
Gs Global
KO:001250
|
Korea | ₩1.37 Trillion |
|
Sam Yung Tradi
KO:002810
|
Korea | ₩755.63 Billion |
|
Hae In
KO:003010
|
Korea | ₩252.85 Billion |
|
Nexgram Holdings Bhd
KLSE:0096
|
Malaysia | RM156.86 Million |
|
Playgram Co. Ltd
KO:009810
|
Korea | ₩295.37 Billion |
|
UNITRAD
KLSE:0247
|
Malaysia | RM1.16 Billion |
|
Yew Lee Pacific Group Berhad
KLSE:0248
|
Malaysia | RM82.73 Million |
Watsco Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Watsco Inc generates 1.68x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Watsco Inc generates $ 11.83 in net profit.
Watsco Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.84 | 3.36 | 3.00 |
| Quick Ratio | 1.86 | 1.65 | 1.41 |
| Cash Ratio | 0.40 | 0.32 | 0.00 |
| Working Capital | $2.30 Billion | $ 2.20 Billion | $ 997.30 Million |
Watsco Inc - Advanced Valuation Insights
This section examines the relationship between Watsco Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.98 |
| Latest Market Cap to Assets Ratio | 2.77 |
| Asset Growth Rate (YoY) | 21.5% |
| Total Assets | $4.53 Billion |
| Market Capitalization | $12.56 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Watsco Inc's assets at a significant premium ( 2.77x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Watsco Inc's assets grew by 21.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Watsco Inc (1985–2024)
The table below shows the annual total assets of Watsco Inc from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $4.53 Billion | +21.54% |
| 2023-12-31 | $3.73 Billion | +6.91% |
| 2022-12-31 | $3.49 Billion | +13.04% |
| 2021-12-31 | $3.09 Billion | +23.59% |
| 2020-12-31 | $2.50 Billion | -2.32% |
| 2019-12-31 | $2.56 Billion | +18.28% |
| 2018-12-31 | $2.16 Billion | +5.58% |
| 2017-12-31 | $2.05 Billion | +9.19% |
| 2016-12-31 | $1.87 Billion | +4.82% |
| 2015-12-31 | $1.79 Billion | -0.15% |
| 2014-12-31 | $1.79 Billion | +7.28% |
| 2013-12-31 | $1.67 Billion | -0.74% |
| 2012-12-31 | $1.68 Billion | +32.64% |
| 2011-12-31 | $1.27 Billion | +2.50% |
| 2010-12-31 | $1.24 Billion | +6.60% |
| 2009-12-31 | $1.16 Billion | +62.08% |
| 2008-12-31 | $716.06 Million | -4.29% |
| 2007-12-31 | $748.17 Million | +5.17% |
| 2006-12-31 | $711.37 Million | +4.81% |
| 2005-12-31 | $678.73 Million | +11.58% |
| 2004-12-31 | $608.29 Million | +13.68% |
| 2003-12-31 | $535.10 Million | +6.23% |
| 2002-12-31 | $503.72 Million | -3.28% |
| 2001-12-31 | $520.82 Million | -7.57% |
| 2000-12-31 | $563.47 Million | -4.32% |
| 1999-12-31 | $588.90 Million | +10.70% |
| 1998-12-31 | $532.00 Million | +24.88% |
| 1997-12-31 | $426.00 Million | +109.23% |
| 1996-12-31 | $203.60 Million | +40.51% |
| 1995-12-31 | $144.90 Million | +21.05% |
| 1994-12-31 | $119.70 Million | +9.12% |
| 1993-12-31 | $109.70 Million | +35.27% |
| 1992-12-31 | $81.10 Million | -0.86% |
| 1991-12-31 | $81.80 Million | -2.15% |
| 1990-12-31 | $83.60 Million | +75.63% |
| 1989-12-31 | $47.60 Million | +70.61% |
| 1988-12-31 | $27.90 Million | +14.81% |
| 1987-12-31 | $24.30 Million | -6.54% |
| 1986-12-31 | $26.00 Million | +35.42% |
| 1985-12-31 | $19.20 Million | -- |