Watsco (WSO) Invested Capital (2009 - 2026)
Watsco's (WSO) quarterly Invested Capital came in at $3.6 billion in Q2 2026, down 2.26% year-over-year from $3.7 billion in Q2 2025, and down 2.92% quarter-over-quarter from $3.7 billion in Q1 2026.
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Analysis
Watsco (WSO) Invested Capital (2009 - 2026) Analysis & Trends
Watsco has disclosed Invested Capital across 18 years of filings, most recently posting $3.6 billion for Q2 2026.
- In Q2 2026, Invested Capital fell 2.26% year-over-year to $3.6 billion; the TTM figure through Jun 2026 stood at $3.6 billion (down 2.26% YoY), while the FY2025 annual figure was $3.7 billion, up 5.39% from the prior year.
- Invested Capital came in at $3.6 billion for Q2 2026 at Watsco, down from $3.7 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $3.8 billion in Q3 2025 to a low of $2.6 billion in Q4 2022.
- Average Invested Capital over 5 years is $3.3 billion, with a median of $3.4 billion recorded in 2024.
- Year-over-year, Invested Capital rose 28.62% in 2022 and retreated 2.26% in 2026.
- Over 5 years, Invested Capital stood at $2.6 billion in 2022, then climbed by 16.98% to $3.0 billion in 2023, then gained by 16.24% to $3.5 billion in 2024, then rose by 5.39% to $3.7 billion in 2025, then fell by 2.92% to $3.6 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $3.6 billion in Q2 2026, $3.7 billion in Q1 2026, and $3.7 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.74 Bn | 59.53 Bn | 1.98 Bn | 6.92 Bn |
| 2 | Fastenal | 57.47 Bn | 57.26 Bn | 1.06 Bn | 4.26 Bn |
| 3 | Ferguson Enterprises | 42.93 Bn | 42.11 Bn | 2.32 Bn | 10.00 Bn |
| 4 | Sunbelt Rentals Holdings | 31.01 Bn | 30.98 Bn | 1.25 Bn | 16.55 Bn |
| 5 | Reliance | 19.76 Bn | 19.53 Bn | 1.30 Bn | 9.08 Bn |
| 6 | Wesco International | 17.65 Bn | 16.83 Bn | 1.46 Bn | 11.16 Bn |
| 7 | Applied Industrial Technologies | 12.14 Bn | 12.02 Bn | 411.22 Mn | 2.12 Bn |
| 8 | Watsco | 11.58 Bn | 11.60 Bn | 578.93 Mn | 3.59 Bn |
| 9 | Avantor | 10.11 Bn | 9.80 Bn | 537.00 Mn | 9.37 Bn |
| 10 | Core & Main | 7.93 Bn | 7.69 Bn | 573.00 Mn | 4.55 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.59 Bn |
| Mar 31, 2026 | 3.70 Bn |
| Dec 31, 2025 | 3.70 Bn |
| Sep 30, 2025 | 3.76 Bn |
| Jun 30, 2025 | 3.68 Bn |
| Mar 31, 2025 | 3.55 Bn |
| Dec 31, 2024 | 3.51 Bn |
| Sep 30, 2024 | 3.59 Bn |
| Jun 30, 2024 | 3.46 Bn |
| Mar 31, 2024 | 3.34 Bn |
| Dec 31, 2023 | 3.02 Bn |
| Sep 30, 2023 | 3.15 Bn |
| Jun 30, 2023 | 3.15 Bn |
| Mar 31, 2023 | 2.85 Bn |
| Dec 31, 2022 | 2.58 Bn |
| Sep 30, 2022 | 2.65 Bn |
| Jun 30, 2022 | 2.74 Bn |
| Mar 31, 2022 | 2.65 Bn |
| Dec 31, 2021 | 2.37 Bn |
| Sep 30, 2021 | 2.30 Bn |
API Access
Watsco Invested Capital 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=invested-capital&ticker=WSO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=WSO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();