Watsco Debt to Equity Ratio 2012-2025 | WSO

Current and historical debt to equity ratio values for Watsco (WSO) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Watsco debt/equity for the three months ending September 30, 2025 was 0.00.
Watsco Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2025-09-30 $1.25B $3.30B 0.38
2025-06-30 $1.51B $3.22B 0.47
2025-03-31 $1.37B $3.09B 0.44
2024-12-31 $1.42B $3.06B 0.46
2024-09-30 $1.36B $3.16B 0.43
2024-06-30 $1.35B $3.04B 0.44
2024-03-31 $1.43B $2.93B 0.49
2023-12-31 $1.11B $2.62B 0.43
2023-09-30 $1.37B $2.67B 0.52
2023-06-30 $1.65B $2.45B 0.67
2023-03-31 $1.49B $2.31B 0.65
2022-12-31 $1.24B $2.25B 0.55
2022-09-30 $1.27B $2.32B 0.55
2022-06-30 $1.57B $2.22B 0.71
2022-03-31 $1.39B $2.08B 0.67
2021-12-31 $1.09B $2.00B 0.55
2021-09-30 $1.07B $2.02B 0.53
2021-06-30 $1.20B $1.93B 0.62
2021-03-31 $0.90B $1.80B 0.50
2020-12-31 $0.71B $1.78B 0.40
2020-09-30 $0.84B $1.81B 0.46
2020-06-30 $0.90B $1.74B 0.52
2020-03-31 $0.90B $1.68B 0.53
2019-12-31 $0.84B $1.72B 0.49
2019-09-30 $0.94B $1.75B 0.54
2019-06-30 $1.00B $1.63B 0.61
2019-03-31 $0.80B $1.60B 0.50
2018-12-31 $0.56B $1.60B 0.35
2018-09-30 $0.57B $1.66B 0.34
2018-06-30 $0.72B $1.60B 0.45
2018-03-31 $0.53B $1.55B 0.34
2017-12-31 $0.50B $1.55B 0.32
2017-09-30 $0.82B $1.33B 0.61
2017-06-30 $0.87B $1.28B 0.68
2017-03-31 $0.73B $1.21B 0.60
2016-12-31 $0.62B $1.25B 0.50
2016-09-30 $0.65B $1.31B 0.50
2016-06-30 $0.75B $1.27B 0.59
2016-03-31 $0.66B $1.22B 0.54
2015-12-31 $0.59B $1.20B 0.49
2015-09-30 $0.71B $1.22B 0.58
2015-06-30 $0.88B $1.19B 0.74
2015-03-31 $0.77B $1.12B 0.68
2014-12-31 $0.66B $1.13B 0.58
2014-09-30 $0.77B $1.14B 0.67
2014-06-30 $0.81B $1.19B 0.68
2014-03-31 $0.65B $1.13B 0.58
2013-12-31 $0.54B $1.13B 0.48
2013-09-30 $0.66B $1.16B 0.57
2013-06-30 $0.82B $1.09B 0.76
2013-03-31 $0.69B $1.03B 0.67
2012-12-31 $0.66B $1.02B 0.65
2012-09-30 $0.58B $1.22B 0.47
2012-06-30 $0.66B $1.23B 0.54
2012-03-31 $0.35B $1.00B 0.35
2011-12-31 $0.27B $1.00B 0.27
2011-09-30 $0.42B $1.01B 0.42
2011-06-30 $0.55B $0.97B 0.56
2011-03-31 $0.34B $0.89B 0.38
2010-12-31 $0.31B $0.93B 0.33
2010-09-30 $0.38B $0.94B 0.41
2010-06-30 $0.50B $0.92B 0.54
2010-03-31 $0.32B $0.89B 0.36
2009-12-31 $0.27B $0.90B 0.30
2009-09-30 $0.36B $0.90B 0.40
2009-06-30 $0.19B $0.57B 0.34
2009-03-31 $0.15B $0.56B 0.27
2008-12-31 $0.15B $0.57B 0.26
2008-09-30 $0.21B $0.58B 0.36
2008-06-30 $0.28B $0.57B 0.49
2008-03-31 $0.21B $0.55B 0.39
2007-12-31 $0.20B $0.55B 0.36
2007-09-30 $0.27B $0.56B 0.48
2007-06-30 $0.23B $0.54B 0.42
2007-03-31 $0.23B $0.52B 0.45
2006-12-31 $0.19B $0.52B 0.38
2006-09-30 $0.23B $0.51B 0.45
2006-06-30 $0.28B $0.49B 0.59
2006-03-31 $0.23B $0.47B 0.48
2005-12-31 $0.23B $0.45B 0.51
2005-09-30 $0.25B $0.46B 0.53
2005-06-30 $0.23B $0.44B 0.51
2005-03-31 $0.20B $0.42B 0.46
2004-12-31 $0.21B $0.40B 0.51
2004-09-30 $0.21B $0.40B 0.52
2004-06-30 $0.22B $0.39B 0.56
2004-03-31 $0.17B $0.37B 0.46
2003-12-31 $0.17B $0.36B 0.48
2003-09-30 $0.19B $0.35B 0.55
2003-06-30 $0.22B $0.34B 0.65
2003-03-31 $0.18B $0.33B 0.55
2002-12-31 $0.18B $0.33B 0.53
2002-09-30 $0.20B $0.33B 0.59
2002-06-30 $0.22B $0.33B 0.66
2002-03-31 $0.20B $0.33B 0.62
2001-12-31 $0.20B $0.32B 0.62
2001-09-30 $0.25B $0.32B 0.77
2001-06-30 $0.29B $0.32B 0.91
2001-03-31 $0.27B $0.30B 0.90
2000-12-31 $0.26B $0.30B 0.85
2000-09-30 $0.33B $0.32B 1.03
2000-06-30 $0.35B $0.31B 1.15
2000-03-31 $0.32B $0.30B 1.09
1999-12-31 $0.29B $0.30B 0.95
1999-09-30 $0.28B $0.31B 0.91
1999-06-30 $0.34B $0.30B 1.13
1999-03-31 $0.31B $0.28B 1.10
1998-12-31 $0.26B $0.28B 0.94
1998-09-30 $0.30B $0.27B 1.13
1998-06-30 $0.28B $0.24B 1.14
1998-03-31 $0.22B $0.23B 0.95
1997-12-31 $0.20B $0.23B 0.89
1997-09-30 $0.22B $0.22B 0.99
1997-06-30 $0.14B $0.21B 0.64
1997-03-31 $0.08B $0.21B 0.39
1996-12-31 $0.08B $0.12B 0.70
1996-09-30 $0.09B $0.12B 0.78
1996-06-30 $0.00B 0.00
1996-03-31 $0.09B $0.10B 0.89
1995-12-31 $0.09B $0.05B 1.70
1995-09-30 $0.10B $0.05B 1.81
1995-06-30 $0.11B $0.05B 2.12
1995-03-31 $0.09B $0.05B 1.92
1994-12-31 $0.07B $0.05B 1.56
1994-09-30 $0.08B $0.05B 1.83
1994-06-30 $0.07B $0.04B 1.65
1994-03-31 $0.07B $0.04B 1.57
1993-12-31 $0.07B $0.04B 1.63
1993-09-30 $0.06B $0.04B 1.47
1993-06-30 $0.07B $0.04B 1.68
1993-03-31 $0.05B $0.04B 1.49
1992-12-31 $0.06B $0.03B 2.21
1992-09-30 $0.06B $0.02B 2.42
1992-06-30 $0.06B $0.02B 2.88
1992-03-31 $0.06B $0.02B 2.66
1991-12-31 $0.06B $0.02B 2.93
1991-09-30 $0.06B $0.02B 2.77
1991-06-30 $0.06B $0.02B 3.10
1991-03-31 $0.06B $0.02B 3.30
1990-12-31 $0.06B $0.02B 3.35
1990-09-30 $0.03B $0.02B 1.84
1990-06-30 $0.03B $0.01B 2.25
1990-03-31 $0.03B $0.01B 2.42
1989-12-31 $0.04B $0.01B 2.73
1988-12-31 $0.02B $0.01B 1.39
Sector Industry Market Cap Revenue
Industrial Products General Industrial Machinery $15.283B $7.618B
Watsco is the largest distributor of Heating, ventilation and air conditioning equipment, as well as related parts and supplies. It distributes residential and commercial air conditioners; parts such as replacement compressors, evaporator coils and motors; as well as supplies such as thermostats, insulation materials, refrigerants, grills, registers, sheet metal, tools, concrete pads, tape, and adhesives. Its air conditioning and heating equipment is sold to the residential replacement market, the commercial market and residential new construction market. The company sources supply from main industry players including Rheem, Carrier, Nordyne, Goodman, Trane, and Lennox. Revenues as disaggregated by the company per major product lines within single reporting segment are as follows: HVAC equipment, Other HVAC products and Commercial refrigeration products. Watsco acquired Acme Refrigeration a major distributor of air conditioning, heating and refrigeration products.
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