Watsco, Inc. (WSO)

Solvency & Capital Structure

Total Debt

$526.2M

Net Debt

$62M

Watsco, Inc. currently has $526.2M in total debt. Net debt is $62M after cash offsets.

Financial Fundamentals

WSO • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	0.53	0.46	0.06	5.08	10.3%
2026-03-31	0.48	0.59	-0.12Net Cash	4.65	10.2%
2025-12-31	0.48	0.73	-0.25Net Cash	4.46	10.7%
2025-09-30	0.79	0.52	0.26	4.55	17.3%
2025-06-30	0.45	0.29	0.16	4.73	9.6%
2025-03-31	0.46	0.43	0.03	4.45	10.3%
2024-12-31	0.45	0.78	-0.33Net Cash	4.53	9.9%
2024-09-30	0.43	0.55	-0.12Net Cash	4.52	9.5%
2024-06-30	0.41	0.42	-0.01Net Cash	4.40	9.4%
2024-03-31	0.41	0.48	-0.07Net Cash	4.36	9.4%
2023-12-31	0.51	0.21	0.29	3.73	13.5%
2023-09-30	0.49	0.18	0.31	4.04	12.1%
2023-06-30	0.69	0.16	0.53	4.10	16.9%
2023-03-31	0.54	0.14	0.40	3.80	14.2%
2022-12-31	0.39	0.15	0.24	3.49	11.2%
2022-09-30	0.34	0.13	0.21	3.58	9.4%
2022-06-30	0.52	0.13	0.39	3.79	13.6%
2022-03-31	0.57	0.11	0.45	3.47	16.3%
2021-12-31	0.37	0.12	0.25	3.09	12.0%
2021-09-30	0.27	0.14	0.14	3.09	8.9%
2021-06-30	0.39	0.10	0.29	3.13	12.3%
2021-03-31	0.26	0.09	0.17	2.69	9.7%
2020-12-31	0.22	0.15	0.07	2.48	8.7%
2020-09-30	0.22	0.09	0.13	2.65	8.5%
2020-06-30	0.26	0.08	0.18	2.64	10.0%
2020-03-31	0.38	0.05	0.33	2.58	14.7%
2019-12-31	0.38	0.07	0.31	2.56	14.9%
2019-09-30	0.40	0.06	0.34	2.69	14.7%
2019-06-30	0.41	0.06	0.36	2.63	15.6%
2019-03-31	0.32	0.08	0.25	2.40	13.5%
2018-12-31	0.14	0.08	0.05	2.16	6.3%
2018-09-30	0.12	0.07	0.05	2.23	5.2%
2018-06-30	0.14	0.07	0.07	2.33	6.2%
2018-03-31	0.09	0.06	0.03	2.08	4.4%
2017-12-31	0.02	0.08	-0.06Net Cash	2.05	1.1%
2017-09-30	0.29	0.07	0.22	2.15	13.3%
2017-06-30	0.38	0.05	0.33	2.15	17.7%
2017-03-31	0.28	0.05	0.23	1.94	14.6%
2016-12-31	0.24	0.06	0.18	1.87	12.6%
2016-09-30	0.22	0.04	0.18	1.96	11.2%
2016-06-30	0.27	0.03	0.24	2.02	13.3%
2016-03-31	0.24	0.03	0.21	1.88	12.7%
2015-12-31	0.25	0.04	0.21	1.79	13.8%
2015-09-30	0.31	0.03	0.28	1.93	16.0%
2015-06-30	0.44	0.02	0.41	2.07	21.1%
2015-03-31	0.34	0.02	0.33	1.89	18.1%
2014-12-31	0.30	0.02	0.28	1.79	17.0%
2014-09-30	0.35	0.02	0.34	1.90	18.5%
2014-06-30	0.35	0.02	0.33	1.99	17.6%
2014-03-31	0.23	0.02	0.21	1.78	12.8%
2013-12-31	0.23	0.02	0.21	1.67	13.8%
2013-09-30	0.29	0.03	0.26	1.82	15.7%
2013-06-30	0.40	0.03	0.37	1.91	20.8%
2013-03-31	0.32	0.02	0.30	1.73	18.6%
2012-12-31	0.32	0.07	0.24	1.68	18.8%
2012-09-30	0.20	0.05	0.16	1.80	11.2%
2012-06-30	0.24	0.04	0.20	1.89	12.4%
2012-03-31	0.04	0.02	0.02	1.35	3.1%
2011-12-31	0.02	0.02	0.00	1.27	1.6%
2011-09-30	0.12	0.02	0.09	1.43	8.0%
2011-06-30	0.07	0.02	0.05	1.52	4.3%
2011-03-31	0.02	0.04	-0.01Net Cash	1.24	2.0%
2010-12-31	0.01	0.13	-0.12Net Cash	1.24	0.8%
2010-09-30	0.02	0.10	-0.08Net Cash	1.32	1.7%
2010-06-30	0.02	0.09	-0.07Net Cash	1.42	1.5%
2010-03-31	0.05	0.07	-0.03Net Cash	1.21	3.9%
2009-12-31	0.01	0.06	-0.05Net Cash	1.16	1.1%
2009-09-30	0.04	0.07	-0.02Net Cash	1.26	3.5%
2009-06-30	0.02	0.05	-0.02Net Cash	0.76	2.7%
2009-03-31	0.02	0.05	-0.02Net Cash	0.71	2.9%
2008-12-31	0.02	0.04	-0.02Net Cash	0.72	2.9%
2008-09-30	0.05	0.01	0.04	0.79	6.1%
2008-06-30	0.02	0.01	0.02	0.85	2.9%
2008-03-31	0.04	0.01	0.03	0.76	5.2%
2007-12-31	0.05	0.01	0.04	0.75	7.3%
2007-09-30	0.10	0.00	0.09	0.83	11.5%
2007-06-30	0.03	0.04	-0.01Net Cash	0.77	3.9%
2007-03-31	0.04	0.04	-0.00Net Cash	0.75	5.4%
2006-12-31	0.04	0.03	0.01	0.71	5.6%
2006-09-30	0.07	0.00	0.06	0.74	8.8%
2006-06-30	0.07	0.01	0.06	0.77	9.1%
2006-03-31	0.06	0.00	0.05	0.70	7.8%
2005-12-31	0.05	0.03	0.02	0.68	7.4%
2005-09-30	0.05	0.04	0.01	0.71	7.1%
2005-06-30	0.05	0.01	0.04	0.66	7.6%
2005-03-31	0.07	0.01	0.06	0.62	10.5%
2004-12-31	0.06	0.09	-0.03Net Cash	0.61	9.9%
2004-09-30	0.06	0.04	0.02	0.61	9.8%
2004-06-30	0.06	0.02	0.04	0.60	10.0%
2004-03-31	0.06	0.01	0.05	0.53	11.3%
2003-12-31	0.06	0.04	0.02	0.54	11.2%
2003-09-30	0.06	0.02	0.04	0.55	11.0%
2003-06-30	0.08	0.01	0.07	0.57	14.2%
2003-03-31	0.08	0.02	0.06	0.51	15.8%
2002-12-31	0.08	0.03	0.05	0.50	16.0%
2002-09-30	0.08	0.01	0.08	0.53	15.7%
2002-06-30	0.10	0.01	0.09	0.55	18.2%
2002-03-31	0.10	0.01	0.10	0.53	19.5%
2001-12-31	0.10	0.01	0.09	0.52	19.6%
2001-09-30	0.12	0.01	0.11	0.57	21.6%
2001-06-30	0.15	0.01	0.15	0.61	25.1%
2001-03-31	0.16	0.00	0.16	0.58	27.8%
2000-12-31	0.14	0.00	0.14	0.56	25.3%
2000-09-30	0.18	0.01	0.17	0.64	28.5%
2000-06-30	0.19	0.01	0.18	0.66	28.9%
2000-03-31	0.20	0.01	0.19	0.62	31.7%
1999-12-31	0.17	0.01	0.16	0.59	28.1%
1999-09-30	0.18	0.01	0.17	0.59	30.0%
1999-06-30	0.22	0.01	0.21	0.63	34.7%
1999-03-31	0.22	0.01	0.22	0.59	37.3%
1998-12-31	0.17	0.01	0.17	0.53	32.6%
1998-09-30	0.21	0.01	0.20	0.57	35.9%
1998-06-30	0.17	0.01	0.17	0.52	33.4%
1998-03-31	0.16	0.00	0.15	0.45	34.5%
1997-12-31	0.14	0.01	0.13	0.43	32.4%
1997-09-30	0.14	0.01	0.13	0.44	32.0%
1997-06-30	0.07	0.01	0.06	0.35	19.8%
1997-03-31	0.03	0.00	0.03	0.29	11.2%
1996-12-31	0.05	0.01	0.05	0.20	25.0%
1996-09-30	0.05	0.00	0.05	0.21	25.0%