Watsco, Inc. · Coconut Grove, FL United States (NYSE: WSO)
Key Watsco, Inc. Financials
| Company Type | Public -(NYSE: WSO) Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | $2,844.6 |
| 2010 Employees | 4,000 |
Watsco, Inc. Stock Quote (NYSE: WSO)
| Latest 02/15/12 13:46:57 EST | Change ($) | Change (%) | High | Low |
|---|---|---|---|---|
| $73.46 |  1.260 | 1.750 | $74.13 | $71.05 |
Quotes delayed 15 minutes for NASDAQ, 20 minues for NYSE and AMEX. Market Data provided by Interactive Data. Powered and Implemented by Interactive Data Managed Solutions. |
Watsco, Inc. Income Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Revenue | 2,844.6 | 2,001.8 | 1,700.2 |
| Cost of Goods Sold | 2,171.4 | 1,521.0 | 1,258.2 |
| Gross Profit | 673.2 | 480.8 | 442.0 |
| Gross Profit Margin | 23.7% | 24% | 26% |
| SG&A Expense | 507.7 | 399.8 | 343.4 |
| Depreciation & Amortization | 10.8 | 8.5 | 7.1 |
| Operating Income | 165.6 | 81.1 | 98.6 |
| Operating Margin | 5.8% | 4% | 5.8% |
| Nonoperating Income | 0.0 | 0.0 | 0.0 |
| Nonoperating Expenses | (3.5) | (2.7) | (2.0) |
| Income Before Taxes | 162.1 | 78.3 | 96.6 |
| Income Taxes | 50.4 | 26.8 | 36.2 |
| Net Income After Taxes | 111.7 | 51.6 | 60.4 |
| Continuing Operations | 80.8 | 51.6 | 60.4 |
| Discontinued Operations | -- | 0.0 | 0.0 |
| Total Operations | 80.8 | 43.3 | 60.4 |
| Total Net Income | 80.8 | 43.3 | 60.4 |
| Net Profit Margin | 2.8% | 2.2% | 3.6% |
| Diluted EPS from Total Net Income | 2.49 | 1.40 | 2.18 |
| Dividends per Share | 2.04 | 1.89 | 1.75 |
All amounts in millions of US Dollars except per share amounts.
Watsco, Inc. Balance Sheet
| Assets | Dec 10 | Dec 09 | Dec 08 |
| Current Assets | |||
| Cash | 126.5 | 58.1 | 41.4 |
| Net Receivables | 305.1 | 266.3 | 151.3 |
| Inventories | 391.9 | 410.1 | 250.9 |
| Other Current Assets | 14.5 | 20.8 | 13.0 |
| Total Current Assets | 838.0 | 755.3 | 456.7 |
| Net Fixed Assets | 31.2 | 33.1 | 24.2 |
| Other Noncurrent Assets | 368.0 | 372.2 | 235.1 |
| Total Assets | 1,237.2 | 1,160.6 | 716.1 |
| Liabilities | Dec 10 | Dec 09 | Dec 08 |
| Current Liabilities | |||
| Accounts Payable | 182.2 | 145.8 | 63.9 |
| Short-Term Debt | 0.1 | 0.2 | 0.3 |
| Other Current Liabilities | 83.7 | 78.0 | 43.7 |
| Total Current Liabilities | 266.0 | 223.9 | 107.8 |
| Long-Term Debt | 10.0 | 13.4 | 20.8 |
| Other Noncurrent Liabilities | 196.8 | 185.2 | 16.8 |
| Total Liabilities | 472.8 | 422.6 | 145.4 |
| Shareholder's Equity | |||
| Preferred Stock Equity | 0.0 | 0.0 | -- |
| Common Stock Equity | 764.5 | 738.0 | 570.7 |
| Total Equity | 764.5 | 738.0 | 570.7 |
| Shares Outstanding (thou.) | 32,449.4 | 32,138.6 | 28,309.0 |
All amounts in millions of US Dollars except per share amounts.
Watsco, Inc. Cash Flow Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Net Operating Cash Flow | 153 | 88 | 113 |
| Net Investing Cash Flow | (10.1) | (15.5) | (3.7) |
| Net Financing Cash Flow | (74.3) | (56.1) | (77.8) |
| Net Change in Cash | 68.4 | 16.6 | 32.0 |
| Depreciation & Amortization | 10.8 | 8.5 | 7.1 |
| Capital Expenditures | (8.4) | (5.9) | (4.0) |
| Cash Dividends Paid | (66.0) | (57.1) | (49.4) |
All amounts in millions of US Dollars except per share amounts.