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
DateValue
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