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Watsco (Watsco) EV-to-EBIT

: 20.38 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Watsco's Enterprise Value is $16,196 Mil. Watsco's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $795 Mil. Therefore, Watsco's EV-to-EBIT for today is 20.38.

The historical rank and industry rank for Watsco's EV-to-EBIT or its related term are showing as below:

WSO.B' s EV-to-EBIT Range Over the Past 10 Years
Min: 11.26   Med: 15.51   Max: 25.92
Current: 20.38

During the past 13 years, the highest EV-to-EBIT of Watsco was 25.92. The lowest was 11.26. And the median was 15.51.

WSO.B's EV-to-EBIT is ranked worse than
76.87% of 134 companies
in the Industrial Distribution industry
Industry Median: 9.035 vs WSO.B: 20.38

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Watsco's Enterprise Value for the quarter that ended in Dec. 2023 was $17,253 Mil. Watsco's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $795 Mil. Watsco's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.61%.


Watsco EV-to-EBIT Historical Data

The historical data trend for Watsco's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Watsco Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.38 22.69 20.27 12.36 22.02

Watsco Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.36 15.96 19.72 18.97 22.02

Competitive Comparison

For the Industrial Distribution subindustry, Watsco's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Watsco EV-to-EBIT Distribution

For the Industrial Distribution industry and Industrials sector, Watsco's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Watsco's EV-to-EBIT falls into.



Watsco EV-to-EBIT Calculation

Watsco's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=16196.478/794.81
=20.38

Watsco's current Enterprise Value is $16,196 Mil.
Watsco's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $795 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Watsco  (NYSE:WSO.B) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Watsco's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=794.81/17253.4979
=4.61 %

Watsco's Enterprise Value for the quarter that ended in Dec. 2023 was $17,253 Mil.
Watsco's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $795 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Watsco EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Watsco's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Watsco (Watsco) Business Description

Traded in Other Exchanges
Address
2665 South Bayshore Drive, Suite 901, Miami, FL, USA, 33133
Watsco is the largest heating, ventilation, air-conditioning, and refrigeration products distributor in North America. The company primarily operates in the United States (91% of 2022 revenue) with significant exposure in the Sunbelt states. Watsco also has operations in Canada (5% of sales) and Latin America and the Caribbean (4% of sales). The company's customer base consists of more than 120,000 dealers and contractors that serve the replacement and new construction HVACR markets for residential and light commercial applications.

Watsco (Watsco) Headlines

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