WSO Stock Cash Flow Statements

Watsco Quarterly Cash Flow Statements Chart

Quarterly

Annual

Stock-Based Compensation

Operating Cash Flow

Investing Cash Flow

Financing Cash Flow

Free Cash Flow

Capital Expenditure

Watsco Quarterly Cash Flow Statements Table

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-09-30	2024-06-30	2024-03-31	2023-09-30	2023-06-30	2023-03-31	2022-09-30	2022-06-30	2022-03-31	2021-09-30	2021-06-30	2021-03-31	2020-09-30	2020-06-30	2020-03-31	2019-09-30	2019-06-30	2019-03-31	2018-09-30	2018-06-30	2018-03-31	2017-09-30	2017-06-30	2017-03-31	2016-09-30	2016-06-30	2016-03-31	2015-09-30	2015-06-30	2015-03-31	2014-09-30	2014-06-30	2014-03-31	2013-03-31	2012-03-31	2010-03-31	2009-03-31	2008-03-31	2007-03-31	2006-03-31	2005-03-31	2004-03-31

cash flows from operating activities:
net income	216,768,000	94,540,000	201,647,000	214,651,000	104,262,000	200,624,000	205,403,000	130,371,000	186,170,000	225,506,000	134,890,000	164,844,000	172,133,000	66,127,000	126,206,000	104,242,000	36,247,000	99,655,000	107,910,000	43,804,000	96,886,000	108,264,000	42,377,000	80,019,000	90,847,000	33,768,000	80,518,000	81,424,000	34,174,000	74,644,000	84,241,000	31,300,000	71,131,000	78,385,000	24,403,000	21,089,000	13,492,000	5,475,000	-1,172,000	7,644,000	10,814,000	13,047,000	9,148,000	6,629,000
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization	10,910,000	10,777,000	10,438,000	10,011,000	9,882,000	8,791,000	8,432,000	8,183,000	8,064,000	7,783,000	7,593,000	6,997,000	6,979,000	6,898,000	6,452,000	6,419,000	6,479,000	6,327,000	5,888,000	5,768,000	5,473,000	5,489,000	5,538,000	5,575,000	5,569,000	5,365,000	5,035,000	5,086,000	4,957,000	4,807,000	4,788,000	4,621,000	4,501,000	4,413,000	4,434,000	4,300,000	3,081,000	2,602,000	1,718,000	1,812,000	1,480,000	1,435,000	1,467,000	1,907,000
share-based compensation	8,812,000	8,800,000	8,546,000	8,390,000	8,127,000	7,262,000	6,828,000	6,701,000	7,056,000	6,987,000	7,974,000	6,308,000	6,459,000	5,892,000	5,662,000	5,228,000	4,912,000	3,818,000	4,325,000	3,849,000	4,433,000	3,746,000	3,590,000	3,335,000	3,237,000	3,027,000	2,885,000	2,689,000	2,785,000	3,022,000	3,009,000	2,831,000	2,671,000	2,691,000	2,488,000	2,298,000	2,162,000	1,477,000	1,395,000	1,836,000	1,253,000	1,109,000
non-cash contribution to 401(k) plan	0	8,743,000	0	0	8,735,000			8,862,000			6,737,000			5,154,000			4,543,000			4,274,000			2,945,000			2,428,000	0	0	2,348,000	0	0	1,963,000		0	1,759,000
deferred income tax provision			2,410,000			2,450,000			2,213,000			1,851,000			1,501,000			1,609,000			2,356,000			1,362,000			1,723,000			2,625,000
benefit from doubtful accounts	-136,000	840,000	-961,000	707,000	862,000		362,000	1,043,000		3,078,000	1,061,000			393,000			2,005,000			1,406,000			898,000			401,000	776,000	273,000	1,056,000	829,000	-812,000	1,288,000		-511,000	927,000	1,160,000	520,000	2,036,000	3,104,000	1,133,000	650,000	414,000	767,000	633,000
(gain) loss on sale of property and equipment
other income from investment in unconsolidated entity	-7,382,000	-5,146,000	-10,376,000	-8,072,000	-5,460,000	-9,506,000	-7,238,000	-3,640,000	-6,927,000	-6,317,000	-4,045,000	-6,057,000	-5,539,000	-4,671,000	-4,055,000	-4,103,000	-1,014,000	-3,530,000	-2,965,000	-1,444,000	-3,696,000	-3,157,000	-1,638,000
changes in operating assets and liabilities, net of effects of acquisitions:
accounts receivable	-214,983,000	83,864,000	58,891,000	-170,460,000	-33,502,000	59,334,000	-178,749,000	-64,691,000	118,732,000	-197,703,000	-91,775,000	85,066,000	-222,005,000	-61,072,000	33,495,000	-99,978,000	-46,534,000	43,628,000	-144,112,000	-2,329,000	56,924,000	-173,046,000	-10,059,000	45,558,000	-129,272,000	-5,680,000	57,010,000	-141,768,000	-11,934,000	85,547,000	-161,455,000	-6,884,000	43,868,000	-152,750,000	1,992,000	-5,379,000	-12,234,000	6,725,000	12,254,000	-269,000	4,287,000	5,112,000	-4,312,000	-4,676,000
inventories	-162,966,000	-389,990,000	-22,218,000	81,235,000	-307,219,000	169,888,000	-72,876,000	-240,758,000	89,706,000	-92,656,000	-273,703,000	2,877,000	31,054,000	-204,593,000	-28,984,000	90,712,000	-27,280,000	43,143,000	-62,031,000	-55,560,000	63,265,000	-63,894,000	-49,937,000	-14,162,000	-17,422,000	-66,101,000	8,890,000	-3,252,000	-69,118,000	44,312,000	2,423,000	-126,900,000	27,499,000	-50,268,000	-126,316,000	-102,122,000	-67,083,000	-48,156,000	-9,383,000	-16,820,000	-41,658,000	-48,790,000	-14,984,000	-18,543,000
accounts payable and other liabilities	140,887,000	8,887,000	-14,635,000	-81,570,000	315,087,000	-85,834,000	1,629,000	101,813,000	-119,388,000	224,462,000	107,755,000	-19,100,000	132,938,000	149,914,000	-24,863,000	116,908,000	66,049,000	-62,058,000	106,335,000	55,350,000	-131,194,000	144,557,000	-36,649,000	32,638,000	41,541,000	63,032,000	-47,291,000	54,904,000	75,936,000	-39,536,000	12,844,000	72,050,000	-43,377,000	30,206,000	112,346,000	57,522,000	68,067,000	23,197,000	7,237,000	29,015,000	29,585,000	8,957,000
other	-2,423,000	811,000	360,000	-951,000	1,245,000	-5,540,000	7,221,000	1,160,000	-1,181,000	5,436,000	1,417,000	-4,181,000	5,108,000	1,042,000	-4,699,000	5,807,000	668,000	-4,384,000	5,865,000	-221,000	-2,333,000	2,829,000	431,000	-1,637,000	1,079,000	661,000	-5,331,000	-133,000	601,000	-2,102,000	-1,061,000	758,000	591,000	1,433,000	961,000	769,000	424,000	612,000	1,210,000	1,662,000	2,638,000	1,937,000	898,000	653,000
net cash from operating activities	-7,446,000	-177,644,000	232,764,000	57,735,000	103,706,000	352,519,000	-41,758,000	-47,421,000	285,808,000	174,694,000	-101,622,000	237,790,000	119,627,000	-37,745,000	111,523,000	219,396,000	41,859,000	129,084,000	15,511,000	52,936,000	89,321,000	22,358,000	-41,614,000	152,466,000	-2,078,000	34,317,000	104,367,000	81,000	41,852,000	173,885,000	-57,344,000	-16,783,000	106,877,000	-90,059,000	24,901,000	-17,499,000	9,453,000	-5,835,000	13,133,000	21,238,000	6,949,000	-30,334,000	-30,043,000	-25,410,000
cash flows from investing activities:
proceeds from (purchases of) short-term investments
proceeds from sale of property and equipment	246,000	98,000	61,000	62,000	58,000	45,000	1,176,000	56,000	56,000	-42,000	153,000	8,000	50,000	50,000	24,000	27,000	10,000	1,203,000	63,000	29,000	57,000	24,000	62,000	64,000	55,000	20,000	51,000	555,000	69,000	63,000	552,000	71,000	56,000	206,000	70,000	110,000	71,000	2,042,000	48,000	51,000	129,000	42,000	49,000	102,000
capital expenditures	-6,837,000	-7,541,000	-9,796,000	-6,417,000	-5,845,000	-9,669,000	-8,326,000	-7,505,000	-7,574,000	-10,628,000	-8,324,000	-5,762,000	-6,186,000	-4,822,000	-3,589,000	-4,160,000	-3,859,000	-4,810,000	-5,065,000	-4,132,000	-4,073,000	-5,330,000	-3,494,000	-3,517,000	-6,165,000	-4,147,000	-3,371,000	-2,875,000	-2,743,000	-5,960,000	-11,519,000	-3,114,000	-3,388,000	-4,110,000	-1,736,000	-3,069,000	-3,883,000	-1,708,000	-909,000	-628,000	-1,167,000	-1,685,000	-1,593,000	-823,000
free cash flows	-14,283,000	-185,185,000	222,968,000	51,318,000	97,861,000	342,850,000	-50,084,000	-54,926,000	278,234,000	164,066,000	-109,946,000	232,028,000	113,441,000	-42,567,000	107,934,000	215,236,000	38,000,000	124,274,000	10,446,000	48,804,000	85,248,000	17,028,000	-45,108,000	148,949,000	-8,243,000	30,170,000	100,996,000	-2,794,000	39,109,000	167,925,000	-68,863,000	-19,897,000	103,489,000	-94,169,000	23,165,000	-20,568,000	5,570,000	-7,543,000	12,224,000	20,610,000	5,782,000	-32,019,000	-31,636,000	-26,233,000
business acquisitions, net of cash acquired	-15,713,000	-3,670,000	0	5,000	-5,178,000	-838,000	0	-2,989,000	0			-2,913,000																														-1,260,000
net cash from investing activities	-22,304,000	244,556,000	-65,404,000	-6,350,000	-210,965,000	-10,462,000	-7,150,000	-10,438,000	-7,518,000	-10,670,000	-8,218,000	-8,667,000	-132,685,000	1,221,000	-3,565,000	-4,133,000	-3,849,000	-34,189,000	-26,703,000	-4,103,000	-13,604,000	-5,306,000	-3,432,000	-3,453,000	-69,710,000	-4,127,000	-3,320,000	-2,320,000	-2,674,000	-5,897,000	-10,967,000	-3,043,000	-3,332,000	-3,904,000	-1,666,000	-2,959,000	-3,812,000	334,000	-861,000	-577,000	2,892,000	-2,903,000	-51,216,000	-721,000
cash flows from financing activities:
dividends on common stock	-121,460,000	-109,037,000
distributions to non-controlling interest	0	-69,829,000																			0	0	-2,178,000	0	-1,000	-6,798,000	-18,913,000	1,000	-7,115,000	-9,612,000
net repayments of finance lease liabilities	-1,541,000	-1,569,000	-1,548,000	-1,502,000	-1,399,000	-999,000	-915,000	-880,000	-769,000	-724,000	-713,000	-516,000
net repayments under revolving credit agreement																																								-15,000,000
repurchases of common stock to satisfy employee withholding tax obligations			-1,638,000	-767,000	-442,000	-385,000	-38,000	-2,216,000	-292,000						-1,265,000	-243,000	-791,000	-545,000	-555,000	-428,000	-1,569,000
net proceeds from the sale of common stock			0	0	281,784,000	0
proceeds from non-controlling interest for investment in lashley	0	999,000
proceeds from issuances of common stock under employee related plans	3,044,000	11,049,000
proceeds from dividend reinvestment plan	7,403,000	6,708,000
net cash from financing activities	-112,554,000	-161,679,000	-98,871,000	-104,591,000	178,401,000	-328,108,000	69,167,000	51,301,000	-273,212,000	-143,684,000	101,412,000	-186,920,000	15,269,000	-16,250,000	-95,471,000	-187,911,000	-59,388,000	-90,407,000	-10,471,000	-54,856,000	-80,536,000	-2,565,000	23,339,000	-134,174,000	74,821,000	-38,929,000	-95,695,000	-40,000	-41,638,000	-160,849,000	73,805,000	12,017,000	-103,607,000	91,301,000	-23,112,000	-31,080,000	-3,257,000	21,504,000	-7,973,000	-22,591,000	-3,807,000	6,262,000	2,780,000	161,000
effect of foreign exchange rate changes on cash and cash equivalents	3,459,000	319,000	1,011,000	-804,000	-2,390,000	-1,453,000	1,312,000	8,000	-3,899,000	-1,898,000	767,000	-1,789,000	701,000	582,000	540,000	985,000	-1,840,000	-253,000	305,000	402,000	431,000	-560,000	-716,000	794,000	580,000	150,000	14,000	-33,000	87,000	-485,000	106,000	-387,000	-112,000	70,000	-144,000	-199,000
net increase in cash and cash equivalents	-138,845,000	-94,448,000	69,500,000	-54,010,000	68,752,000	12,496,000			1,179,000			40,414,000			13,027,000																					-51,737,000	2,384,000	16,003,000	4,299,000	-1,930,000	6,034,000
cash and cash equivalents at beginning of period	0	526,271,000	0	0	210,112,000	0	0	147,505,000	0	0	118,268,000	0	0	146,067,000	0	0	74,454,000	0	0	82,894,000	0	0	80,496,000	0	0	56,010,000	0	0	35,229,000	0	0	24,447,000	0	0	19,478,000	73,770,000	15,673,000	58,093,000	41,444,000	9,405,000	34,340,000	27,650,000	85,144,000	36,339,000
cash and cash equivalents at end of period	-138,845,000	431,823,000	69,500,000	-54,010,000	278,864,000	12,496,000	21,571,000	140,955,000	1,179,000	18,442,000	110,607,000	40,414,000	2,912,000	93,875,000	13,027,000	28,337,000	51,236,000	4,235,000	-21,358,000	77,273,000	-4,388,000	13,927,000	58,073,000	15,633,000	3,613,000	47,421,000	5,366,000	-2,312,000	32,856,000	6,654,000	5,600,000	16,251,000	-174,000	-2,592,000	19,457,000	22,033,000	18,057,000	74,096,000	45,743,000	7,475,000	40,374,000	675,000	6,665,000	10,369,000
supplemental cash flow information:
common stock issued for sie
common stock issued for lashley	0	493,000
common stock issued for csi
proceeds from (purchases of) short-term cash investments		255,669,000
gain on sale of property and equipment																											152,000			-54,000								-400,000
purchases of short-term cash investments			-55,669,000	0	-200,000,000
dividends on common and class b common stock			-108,918,000	-108,803,000	-96,765,000	-95,713,000	-95,439,000	-94,970,000	-85,758,000	-85,689,000	-75,795,000	-75,531,000	-75,388,000	-68,521,000	-68,139,000	-68,077,000	-61,238,000	-60,276,000	-60,213,000	-59,965,000	-54,186,000	-54,184,000	-46,581,000	-44,633,000	-37,452,000	-37,383,000	-30,134,000	-30,131,000	-30,033,000	-24,675,000	-24,641,000	-24,524,000	-20,975,000	-13,986,000	-13,923,000	-8,640,000	-20,470,000	-15,492,000	-12,748,000	-11,190,000
net (repayments) proceeds under current revolving credit agreement			0	0	-15,400,000
net repayments under prior revolving credit agreement
payment of fees related to revolving credit agreement						-257,000	0	-580,000							0																		-36,000
net proceeds from dividend reinvestment plan			6,554,000
net proceeds from issuances of common stock under employee-related plans			6,679,000			6,546,000
common stock issued for gateway supply company, inc.
common stock issued for commercial specialists, inc.			0	0	752,000
net proceeds from issuances of common stock under employee related plans					10,623,000
net proceeds under current revolving credit agreement						-237,300,000	145,300,000	197,600,000																												6,651,000
net (repayments) proceeds under prior revolving credit agreement							0	-56,400,000
net proceeds from issuances of common stock								8,747,000	8,407,000	3,808,000	4,420,000	2,486,000	4,813,000	3,874,000	6,974,000	3,692,000	2,541,000	4,404,000	1,949,000	1,127,000	1,238,000	1,783,000	2,958,000	1,203,000	525,000	1,387,000	2,120,000	741,000	2,101,000	1,293,000	1,854,000	1,381,000	872,000	859,000	873,000	497,000	1,181,000	2,643,000	2,379,000	362,000	1,743,000	2,448,000	1,577,000	2,248,000
net decrease in cash and cash equivalents								-6,550,000			-7,661,000			-52,192,000			-23,218,000	4,235,000	-21,358,000	-5,621,000		13,927,000	-22,423,000		3,613,000	-8,589,000		-2,312,000	-2,373,000		5,600,000	-8,196,000	-174,000	-2,592,000	-21,000							-26,975,000	-78,479,000	-25,970,000
proceeds from sale of equity securities												0	0	5,993,000
net (repayments) proceeds under revolving credit agreement															-32,689,000														-7,400,000						-2,553,000
proceeds from non-controlling interest for investment in tec distribution llc												0
common stock issued for acme refrigeration of baton rouge llc												0
common stock issued for makdad industrial supply co., inc.
net proceeds under revolving credit agreement										-58,900,000	173,500,000			48,900,000			443,000	-50,300,000	82,100,000	2,300,000	-25,200,000	50,600,000	69,200,000							-127,819,000
changes in operating assets and liabilities, net of effects of acquisition:
business acquisition											-47,000
net proceeds (repayments) under revolving credit agreement												-112,443,000														45,006,000						38,497,000
changes in operating assets and liabilities:
repayments of finance lease liabilities														-503,000
investment in unconsolidated entity																		0						0
net repayments of long-term obligations															-352,000	-308,000	-343,000		0	-230,000
proceeds from non-controlling interest for investment in unconsolidated entity																		0						0
purchase of additional ownership from non-controlling interest																		0						0	0	-42,688,000
proceeds from non-controlling interest for investment in peirce-phelps, inc.
common stock issued for peirce-phelps, inc.
common stock issued for dunphey & associates supply co., inc.																		0
business acquisition, net of cash acquired																																											-49,672,000
proceeds from short-term borrowings																				2,340,000					80,000	1,596,000
net repayments of other long-term obligations																						-61,000	-60,000		-51,000	-49,000		-15,000	-45,000			-41,000			-26,000			-56,000	-56,000	-41,000	-20,000	-12,000	-11,000
common stock issued for alert labs, inc.
adjustments to reconcile net income to net cash from by operating activities:
net (repayments) proceeds of other long-term obligations
common stock issued for alert labs inc.
net proceeds (repayments) of other long-term obligations
excess tax benefits from share-based compensation																													-854,000	-209,000	-1,416,000	-358,000	-133,000	-1,312,000	-131,000	-50,000	-148,000	-1,973,000	-2,452,000	-3,278,000	-1,430,000	-7,980,000
net repayments under other long-term obligations
net proceeds from other long-term obligations
proceeds from short-term debt
net (repayments of) proceeds from other long-term obligations
distributions to noncontrolling interest																																-3,654,000	0	-18,203,000	-7,614,000	-29,637,000	-6,630,000
purchase of additional ownership from noncontrolling interest
net proceeds from (repayments of) other long-term obligations
net repayments under prior revolving credit agreements
common stock issued for carrier enterprise iii
non-cash contribution for 401(k) plan																																				1,689,000	1,772,000
net (repayments of) proceeds from long-term obligations																																				-1,000
net proceeds under prior revolving credit agreements
loss on sale of property and equipment
return of capital contribution to noncontrolling interest
net (repayments) proceeds under prior revolving credit agreements
net assets of locations contributed to carrier enterprise ii
net proceeds from (repayments of) long-term obligations																																					14,000
net borrowings under revolving credit agreements																																					22,500,000
non-cash contribution for 401(k) plans
net proceeds under revolving credit agreements																																						34,237,000
costs related to amendment of revolving credit agreement
net assets of locations contributed to joint venture
payment of fees related to revolving credit agreements
supplemental cash flow information
distribution to noncontrolling interest																																						-1,801,000
business acquisitions
costs to amend revolving credit agreement
costs of joint venture credit agreement
purchase of treasury stock																																										-3,655,000
income from discontinued operations, net of income taxes
gain on sale of available-for-sale securities																																									-1,083,000
net cash from operating activities of continuing operations																																								21,238,000
net cash from operating activities of discontinued operations
net proceeds from sale of available-for-sale securities
proceeds from sale of discontinued operations
net cash from investing activities of continuing operations																																								-577,000
net cash from investing activities of discontinued operations
net (repayments) proceeds under new revolving credit agreement
repayment of long-term notes
payment of new revolving credit agreement costs
purchases of available-for-sale securities																																									-3,172,000
proceeds from sale of available-for-sale securities																																									7,102,000
net repayment under revolving credit agreement
net income from continuing operations
adjustments to reconcile net income from continuing operations to net cash from operating activities:
net proceeds from new revolving credit agreement
net (repayment) borrowing under prior revolving credit agreement
net borrowings under revolving credit agreement																																										5,000,000	5,000,000
common and class b common stock dividends																																									-6,960,000	-5,499,000
tax benefits from share-based compensation
changes in assets and liabilities, net of effects of acquisitions:
amortization of unearned compensation																																											476,000
(gain) on sale of available-for-sale securities
tax benefit from stock-based compensation
tax benefit from exercise of stock options																																											868,000	647,000
tax benefit from stock restriction lapses																																											325,000
changes in assets and liabilities, net of effects of acquisition:
accounts payable and other current liabilities																																											-24,737,000
common stock dividends																																											-3,786,000	-2,075,000
accounts payable and accrued liabilities																																												-10,838,000
purchase of minority interest in consolidated subsidiary
net repayments of other debt																																												-12,000
restructuring reversals and other non-cash charges
payment of debt acquisition costs
net repayments of bank and other debt
restructuring costs and other non-cash charges
proceeds from issuance of long-term notes

We provide you with 20 years of cash flow statements for Watsco stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as operating cash flows, cash levels, capital expenditures, profits, stock-based compensations and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Watsco stock. Explore the full financial landscape of Watsco stock with our expertly curated income statements.

The information provided in this report about Watsco stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.