Watsco (WSO) Dividend Coverage Ratio (2010 - 2026)
Watsco's (WSO) Dividend Coverage Ratio was 1.14 for Q2 2026, down 19.4% from 1.41 a year earlier but up 95.0% from the prior quarter.
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Analysis
Watsco (WSO) Dividend Coverage Ratio (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Watsco's Dividend Coverage Ratio came in at 0.88, down 19.6% year-over-year; for FY2025, it was 0.98, down 16.8% from FY2024.
- Dividend Coverage Ratio has declined for three consecutive years.
- By year, Dividend Coverage Ratio came in at 1.18 in FY2024 (-9.7%), 1.31 in FY2023 (-27.8%), 1.81 in FY2022 (+27.1%) and 1.42 in FY2021 (+40.2%).
- Five-year quarterly Dividend Coverage Ratio spans a low of 0.55 in Q4 2025 and a high of 2.25 in Q2 2022.
- Year over year, Dividend Coverage Ratio has now declined in each of the last 14 quarters, with an average decline of 17.9% over the last eight quarters.
- The high point for year-over-year Dividend Coverage Ratio in five years was Q1 2022 (growth of 85.9%); the low point was Q4 2023 (a decline of 47.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.58 (Q1 2026), 0.55 (Q4 2025) and 1.24 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.83 Bn | 56.81 Bn | 1.98 Bn | 3.93 |
| 2 | Fastenal | 57.33 Bn | 56.25 Bn | 1.06 Bn | - |
| 3 | Ferguson Enterprises | 43.46 Bn | 40.68 Bn | 2.32 Bn | - |
| 4 | Sunbelt Rentals Holdings | 30.25 Bn | 30.13 Bn | 1.25 Bn | - |
| 5 | Reliance | 19.78 Bn | 18.82 Bn | 1.30 Bn | 5.06 |
| 6 | Wesco International | 17.79 Bn | 15.10 Bn | 1.46 Bn | 8.57 |
| 7 | Applied Industrial Technologies | 12.37 Bn | 12.24 Bn | 411.22 Mn | 6.28 |
| 8 | Watsco | 10.71 Bn | 8.87 Bn | 578.93 Mn | 1.14 |
| 9 | Avantor | 10.31 Bn | 9.11 Bn | 537.00 Mn | - |
| 10 | Core & Main | 7.69 Bn | 6.99 Bn | 573.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.14 |
| Mar 31, 2026 | 0.58 |
| Dec 31, 2025 | 0.55 |
| Sep 30, 2025 | 1.24 |
| Jun 30, 2025 | 1.41 |
| Mar 31, 2025 | 0.67 |
| Dec 31, 2024 | 0.83 |
| Sep 30, 2024 | 1.46 |
| Jun 30, 2024 | 1.67 |
| Mar 31, 2024 | 0.90 |
| Dec 31, 2023 | 0.86 |
| Sep 30, 2023 | 1.79 |
| Jun 30, 2023 | 1.81 |
| Mar 31, 2023 | 1.16 |
| Dec 31, 2022 | 1.62 |
| Sep 30, 2022 | 1.84 |
| Jun 30, 2022 | 2.25 |
| Mar 31, 2022 | 1.49 |
| Dec 31, 2021 | 1.05 |
| Sep 30, 2021 | 1.86 |
API Access
Watsco Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=WSO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "WSO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=WSO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();