Watsco (FRA:WC3) Marketable Securities: €173 Mil (As of Mar. 2026)

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FRA:WC3 Watsco Inc FRA:WC3
86 GF Score
Price €315.20
GF Value €359.71
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Watsco Marketable Securities?

Watsco FRA:WC3 -1.13% 86 Marketable Securities is €173 Mil as of Mar. 2026. GuruFocus rates FRA:WC3 with a GF Score™ of 86/100 and a GF Value™ of €359.71 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Watsco's Marketable Securities for the quarter that ended in Mar. 2026 was €173 Mil.

Watsco's annual Marketable Securities increased from Dec. 2023 (€0 Mil) to Dec. 2024 (€244 Mil) and increased from Dec. 2024 (€244 Mil) to Dec. 2025 (€256 Mil).

Watsco  (FRA:WC3) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Watsco Marketable Securities Related Terms

Watsco Marketable Securities Historical Data

* Premium members only.

The historical data trend for Watsco's Marketable Securities 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.

Watsco Marketable Securities Chart

Watsco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 244.16 256.20

Watsco Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Marketable Securities Get a 7-Day Free Trial 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 0.00 0.00 170.40 256.20 173.00
FRA:WC3
86GF Score
Watsco Inc FRA:WC3
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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Watsco Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of €173 Mil mean?
Watsco (FRA:WC3) has a Marketable Securities of €173 Mil as of Mar. 2026. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Watsco and its competitors.
Is Watsco's Marketable Securities too high?
Watsco's current Marketable Securities is €173 Mil. Overall, Watsco has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Watsco's Marketable Securities compare to QXO and WCC?
Watsco's Marketable Securities of €173 Mil can be compared against companies in the Industrial Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Marketable Securities for an Industrial Distribution company?
A good Marketable Securities depends on the Industrial Distribution industry context. However, Marketable Securities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Watsco and its competitors. Watsco's current Marketable Securities is €173 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watsco stock overvalued right now?
Based on GuruFocus' analysis, Watsco (FRA:WC3) is currently considered Modestly Undervalued. The stock's GF Value™ is €359.71, compared to a current price of €315.20 — trading 12.4% below its estimated fair value. The current Marketable Securities is €173 Mil. Watsco's overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Watsco (FRA:WC3), the current Marketable Securities is €173 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Watsco (FRA:WC3) Overvalued in 2026?

Based on GuruFocus' analysis, Watsco stock appears to be undervalued. The current stock price of €315.20 is trading 12.4% below its estimated GF Value™ of €359.71. GuruFocus considers Watsco to be Modestly Undervalued.

Key valuation signals for FRA:WC3:

  • Marketable Securities: €173 Mil
  • GF Value™: €359.71 vs. price of €315.20 (12.4% below fair value)
  • GF Score™: 86/100 with 3 warning signs

No single metric tells the full story. See the FRA:WC3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Watsco Business Description

Address 2665 South Bayshore Drive, Suite 901, Miami, FL, USA, 33133
Watsco is the largest HVAC and refrigeration products distributor in North America with approximately 13% market share. The company primarily operates in the United States (90% of revenue) with significant exposure in the Sunbelt states. Watsco also has operations in Canada, Latin America, and the Caribbean. The company's customer base comprises more than 120,000 dealers and contractors serving the replacement and new-construction HVAC/R markets for residential and light-commercial applications. As much as 20% of residential HVAC units are distributed through Watsco in any given year. Revenue is approximately 75%-80% residential HVAC and 20%-25% commercial, with relatively small exposure to more complex "applied" solutions.
86GF Score

Get the complete analysis for FRA:WC3

Marketable Securities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€315.20
Price
€359.71
GF Value