Watsco (WSO) Equity Ratio (2009 - 2026)
Watsco's (WSO) quarterly Equity Ratio came in at 0.59 in Q1 2026, down 14.3% year-on-year from 0.69 in Q1 2025, and down 18.6% quarter-over-quarter from 0.73 in Q4 2025.
Watsco (WSO) Equity Ratio (2009 - 2026) Analysis & Trends
Watsco has disclosed Equity Ratio across 18 years of filings, most recently posting 0.59 for Q1 2026.
- Equity Ratio for Q1 2026 came in at 0.59, down 14.3% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.59 (down 14.3% YoY), and the FY2025 annual result was 0.73, up 6.69% from the prior year.
- Equity Ratio came in at 0.59 for Q1 2026 at Watsco, down from 0.73 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 0.73 in Q4 2025 to a low of 0.59 in Q2 2022.
- The 5-year median for Equity Ratio is 0.67 (2024), against an average of 0.66.
- Across the five-year window, Equity Ratio climbed 15.89% in 2024 and fell 14.3% in 2026, its largest moves.
- Watsco's Equity Ratio stood at 0.64 in 2022, then climbed by 8.85% to 0.7 in 2023, then declined by 2.49% to 0.68 in 2024, then climbed by 6.69% to 0.73 in 2025, then fell by 18.6% to 0.59 in 2026.
- The last three Equity Ratio figures came in at 0.59 (Q1 2026), 0.73 (Q4 2025), and 0.72 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.43 Bn | 62.25 Bn | 1.75 Bn | 0.46 |
| 2 | Fastenal | 52.87 Bn | 52.56 Bn | 982.90 Mn | 0.77 |
| 3 | Ferguson Enterprises | 43.71 Bn | 42.89 Bn | 2.32 Bn | 0.33 |
| 4 | Wesco International | 17.21 Bn | 16.51 Bn | 1.29 Bn | 0.30 |
| 5 | Watsco | 14.12 Bn | 13.98 Bn | 427.56 Mn | 0.59 |
| 6 | Applied Industrial Technologies | 11.70 Bn | 11.53 Bn | 380.80 Mn | 0.62 |
| 7 | Qxo | 11.53 Bn | 8.48 Bn | 409.30 Mn | 0.61 |
| 8 | Core & Main | 9.91 Bn | 9.77 Bn | 428.00 Mn | 0.34 |
| 9 | Pool | 6.54 Bn | 6.47 Bn | 329.87 Mn | 0.28 |
| 10 | Msc Industrial Direct | 6.47 Bn | 6.42 Bn | 377.59 Mn | 0.56 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.59 |
| Dec 31, 2025 | 0.73 |
| Sep 30, 2025 | 0.72 |
| Jun 30, 2025 | 0.68 |
| Mar 31, 2025 | 0.69 |
| Dec 31, 2024 | 0.68 |
| Sep 30, 2024 | 0.70 |
| Jun 30, 2024 | 0.69 |
| Mar 31, 2024 | 0.67 |
| Dec 31, 2023 | 0.70 |
| Sep 30, 2023 | 0.66 |
| Jun 30, 2023 | 0.60 |
| Mar 31, 2023 | 0.61 |
| Dec 31, 2022 | 0.64 |
| Sep 30, 2022 | 0.65 |
| Jun 30, 2022 | 0.59 |
| Mar 31, 2022 | 0.60 |
| Dec 31, 2021 | 0.65 |
| Sep 30, 2021 | 0.65 |
| Jun 30, 2021 | 0.62 |