Watsco Net Income Applicable To Common Shares from 2010 to 2026
| WSO Stock | USD 415.07 12.51 2.93% |
Net Income Applicable To Common Shares | First Reported 2000-03-31 | Previous Quarter 171.5 M | Current Value 150.9 M | Quarterly Volatility 46.4 M |
Check Watsco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Watsco's main balance sheet or income statement drivers, such as Depreciation And Amortization of 49.3 M, Interest Expense of 25.2 M or Total Revenue of 9.2 B, as well as many indicators such as Price To Sales Ratio of 2.2, Dividend Yield of 0.0202 or PTB Ratio of 6.32. Watsco financial statements analysis is a perfect complement when working with Watsco Valuation or Volatility modules.
Watsco | Net Income Applicable To Common Shares | Build AI portfolio with Watsco Stock |
Evaluating Watsco's Net Income Applicable To Common Shares across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Watsco Inc's fundamental strength.
Latest Watsco's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Watsco Inc over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Watsco's Net Income Applicable To Common Shares historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Watsco's overall financial position and show how it may be relating to other accounts over time.
| Net Income Applicable To Common Shares | 10 Years Trend |
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Net Income Applicable To Common Shares |
| Timeline |
Watsco Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | 291,626,741 | |
| Geometric Mean | 221,196,299 | |
| Coefficient Of Variation | 65.27 | |
| Mean Deviation | 163,937,077 | |
| Median | 242,932,000 | |
| Standard Deviation | 190,351,669 | |
| Sample Variance | 36233.8T | |
| Range | 583.3M | |
| R-Value | 0.96 | |
| Mean Square Error | 2741.3T | |
| R-Squared | 0.93 | |
| Slope | 36,333,847 | |
| Total Sum of Squares | 579740.1T |
Watsco Net Income Applicable To Common Shares History
About Watsco Financial Statements
Watsco investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how Watsco Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 573.7 M | 602.4 M |
Pair Trading with Watsco
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Watsco position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Watsco will appreciate offsetting losses from the drop in the long position's value.Moving together with Watsco Stock
| 0.8 | AL | Air Lease Sell-off Trend | PairCorr |
| 0.78 | DSGR | Distribution Solutions | PairCorr |
| 0.95 | WLFC | Willis Lease Finance | PairCorr |
| 0.86 | FTAI | FTAI Aviation Earnings Call This Week | PairCorr |
Moving against Watsco Stock
The ability to find closely correlated positions to Watsco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Watsco when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Watsco - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Watsco Inc to buy it.
The correlation of Watsco is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Watsco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Watsco Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Watsco can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Watsco Correlation against competitors. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Will Trading Companies & Distributors sector continue expanding? Could Watsco diversify its offerings? Factors like these will boost the valuation of Watsco. Anticipated expansion of Watsco directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Watsco data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.06) | Dividend Share 11.4 | Earnings Share 12.87 | Revenue Per Share | Quarterly Revenue Growth (0.04) |
Investors evaluate Watsco Inc using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Watsco's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Watsco's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Watsco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Watsco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Watsco's market price signifies the transaction level at which participants voluntarily complete trades.