Growth Metrics

Watsco (WSO) Invested Capital (2016 - 2025)

Watsco's Invested Capital history spans 17 years, with the latest figure at $3.2 billion for Q4 2025.

  • For Q4 2025, Invested Capital rose 4.92% year-over-year to $3.2 billion; the TTM value through Dec 2025 reached $3.2 billion, up 4.92%, while the annual FY2025 figure was $3.2 billion, 4.92% up from the prior year.
  • Invested Capital for Q4 2025 was $3.2 billion at Watsco, up from $2.9 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $3.3 billion in Q2 2025 and bottomed at $1.9 billion in Q1 2021.
  • The 5-year median for Invested Capital is $2.5 billion (2023), against an average of $2.6 billion.
  • The largest annual shift saw Invested Capital rose 28.41% in 2024 before it dropped 10.33% in 2025.
  • A 5-year view of Invested Capital shows it stood at $2.0 billion in 2021, then grew by 12.64% to $2.3 billion in 2022, then rose by 16.35% to $2.6 billion in 2023, then grew by 17.2% to $3.1 billion in 2024, then increased by 4.92% to $3.2 billion in 2025.
  • Per Business Quant, the three most recent readings for WSO's Invested Capital are $3.2 billion (Q4 2025), $2.9 billion (Q3 2025), and $3.3 billion (Q2 2025).