Watsco (WSO) Invested Capital (2009 - 2026)

Watsco's (WSO) quarterly Invested Capital came in at $2.9 billion in Q1 2026, down 10.04% year-on-year from $3.2 billion in Q1 2025, and down 11.06% quarter-over-quarter from $3.2 billion in Q4 2025.

Watsco (WSO) Invested Capital (2009 - 2026) Analysis & Trends

Watsco has disclosed Invested Capital across 18 years of filings, most recently posting $2.9 billion for Q1 2026.

  • Invested Capital for Q1 2026 came in at $2.9 billion, down 10.04% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.9 billion (down 10.04% YoY), and the FY2025 annual result was $3.2 billion, up 4.92% from the prior year.
  • Invested Capital came in at $2.9 billion for Q1 2026 at Watsco, down from $3.2 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $3.4 billion in Q3 2025 to a low of $2.2 billion in Q1 2022.
  • The 5-year median for Invested Capital is $2.9 billion (2026), against an average of $2.8 billion.
  • Across the five-year window, Invested Capital advanced 28.41% in 2024 and decreased 10.04% in 2026, its largest moves.
  • Watsco's Invested Capital stood at $2.3 billion in 2022, then increased by 16.35% to $2.6 billion in 2023, then rose by 17.2% to $3.1 billion in 2024, then gained by 4.92% to $3.2 billion in 2025, then slipped by 11.06% to $2.9 billion in 2026.
  • The last three Invested Capital figures came in at $2.9 billion (Q1 2026), $3.2 billion (Q4 2025), and $3.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 W.W. Grainger 63.64 Bn 63.46 Bn 1.75 Bn 6.63 Bn
2 Fastenal 53.18 Bn 52.87 Bn 982.90 Mn 4.11 Bn
3 Ferguson Enterprises 45.51 Bn 44.69 Bn 2.32 Bn 6.17 Bn
4 Wesco International 17.33 Bn 16.62 Bn 1.29 Bn 5.35 Bn
5 Watsco 14.65 Bn 14.51 Bn 427.56 Mn 2.88 Bn
6 Qxo 12.24 Bn 9.19 Bn 409.30 Mn 13.22 Bn
7 Applied Industrial Technologies 11.99 Bn 11.82 Bn 380.80 Mn 1.88 Bn
8 Core & Main 9.98 Bn 9.84 Bn 428.00 Mn 2.10 Bn
9 Pool 7.00 Bn 6.92 Bn 329.87 Mn 1.15 Bn
10 Msc Industrial Direct 6.54 Bn 6.49 Bn 377.59 Mn 1.90 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.88 Bn
Dec 31, 2025 3.24 Bn
Sep 30, 2025 3.42 Bn
Jun 30, 2025 3.34 Bn
Mar 31, 2025 3.20 Bn
Dec 31, 2024 3.09 Bn
Sep 30, 2024 3.27 Bn
Jun 30, 2024 3.15 Bn
Mar 31, 2024 3.03 Bn
Dec 31, 2023 2.63 Bn
Sep 30, 2023 2.76 Bn
Jun 30, 2023 2.45 Bn
Mar 31, 2023 2.40 Bn
Dec 31, 2022 2.26 Bn
Sep 30, 2022 2.41 Bn
Jun 30, 2022 2.31 Bn
Mar 31, 2022 2.17 Bn
Dec 31, 2021 2.01 Bn
Sep 30, 2021 2.10 Bn
Jun 30, 2021 2.01 Bn