Watsco (WSO) Payout Ratio (2010 - 2026)
Watsco's (WSO) Payout Ratio was 1.13 for Q2 2026, up 24.4% from 0.91 a year earlier and up 7.0% from the prior quarter.
Analysis
Watsco (WSO) Payout Ratio (2010 - 2026) Analysis & Trends
For FY2025, Payout Ratio at Watsco was 1.02, up 20.2% from FY2024.
- Payout Ratio has increased for three consecutive years.
- By year, Payout Ratio came in at 0.85 in FY2024 (+10.8%), 0.77 in FY2023 (+38.6%), 0.55 in FY2022 (-21.3%) and 0.70 in FY2021 (-28.7%).
- The Q2 2026 figure ranks as the highest quarterly Payout Ratio since Q3 2013.
- Year over year, Payout Ratio has now increased in each of the last 13 quarters, with growth averaging 20.9% over the last eight quarters.
- The high point for year-over-year Payout Ratio in five years was Q4 2023 (growth of 29.0%); the low point was Q1 2022 (a decline of 31.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.06 (Q1 2026), 1.02 (Q4 2025) and 0.95 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 66.45 Bn | 65.21 Bn | 1.73 Bn |
| 2 | W.W. Grainger | 62.58 Bn | 60.18 Bn | 1.98 Bn |
| 3 | Fastenal | 59.02 Bn | 57.94 Bn | 1.06 Bn |
| 4 | Ferguson Enterprises | 43.33 Bn | 40.54 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 31.82 Bn | 31.70 Bn | 1.25 Bn |
| 6 | Reliance | 20.64 Bn | 19.68 Bn | 1.30 Bn |
| 7 | Wesco International | 17.76 Bn | 15.08 Bn | 1.46 Bn |
| 8 | Applied Industrial Technologies | 12.45 Bn | 12.32 Bn | 411.22 Mn |
| 9 | Watsco | 11.13 Bn | 8.82 Bn | 578.93 Mn |
| 10 | Avantor | 10.53 Bn | 9.33 Bn | 537.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.13 |
| Mar 31, 2026 | 1.06 |
| Dec 31, 2025 | 1.02 |
| Sep 30, 2025 | 0.95 |
| Jun 30, 2025 | 0.91 |
| Mar 31, 2025 | 0.87 |
| Dec 31, 2024 | 0.82 |
| Sep 30, 2024 | 0.81 |
| Jun 30, 2024 | 0.76 |
| Mar 31, 2024 | 0.75 |
| Dec 31, 2023 | 0.71 |
| Sep 30, 2023 | 0.63 |
| Jun 30, 2023 | 0.63 |
| Mar 31, 2023 | 0.59 |
| Dec 31, 2022 | 0.55 |
| Sep 30, 2022 | 0.59 |
| Jun 30, 2022 | 0.59 |
| Mar 31, 2022 | 0.63 |
| Dec 31, 2021 | 0.70 |
| Sep 30, 2021 | 0.75 |
API Access
Watsco Payout Ratio 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=payout-ratio&ticker=WSO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=WSO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();