Growth Metrics

Watsco (WSO) Invested Capital (2016 - 2026)

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

  • On a quarterly basis, Invested Capital rose 20.88% to $3.2 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $3.2 billion, a 20.88% increase, with the full-year FY2025 number at $3.2 billion, up 20.88% from a year prior.
  • Invested Capital hit $3.2 billion in Q4 2025 for Watsco, up from $2.9 billion in the prior quarter.
  • Over the last five years, Invested Capital for WSO hit a ceiling of $3.3 billion in Q2 2025 and a floor of $1.9 billion in Q1 2021.
  • Historically, Invested Capital has averaged $2.6 billion across 5 years, with a median of $2.6 billion in 2023.
  • Biggest five-year swings in Invested Capital: rose 26.23% in 2024 and later decreased 10.33% in 2025.
  • Tracing WSO's Invested Capital over 5 years: 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 1.73% to $2.7 billion in 2024, then increased by 20.88% to $3.2 billion in 2025.
  • Business Quant data shows Invested Capital for WSO at $3.2 billion in Q4 2025, $2.9 billion in Q3 2025, and $3.3 billion in Q2 2025.