Watsco price to free cash flow WSO

Market value divided by free cash flow over the last twelve months, since 2011.

Today, Oct 23, 2026: 19.1×
10-year median: 26.0×
Against its 10-year history: 9th; percentile: 0 is its lowest day, 100 its highest
10-year range: 15.0× to 43.3×
Peer median: 25.3×

Watsco's price to free cash flow is 19.1× as of Oct 23, 2026.

That is below its ten-year median of 26.0×, lower than on 91% of days in the last ten years.

Over that time it ranged from 15.0× in Oct 2016 to 43.3× in May 2025.

The median for 10 industrial distribution stocks of a similar size is 25.3×.

Price to free cash flow over time

median 26×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	19.1×	16.6×	33.4×
2025	27.3×	24.8×	43.3×
2024	29.3×	23.2×	37.1×
2023	38.2×	21.2×	40.2×
2022	27.3×	21.9×	41.6×
2021	26.4×	17.9×	34.0×
2020	17.6×	16.8×	29.5×
2019	24.6×	23.6×	39.2×
2018	29.5×	21.8×	33.0×
2017	22.7×	20.5×	26.9×
2016	20.6×	15.0×	26.7×
2015	24.3×	24.1×	56.1×
2014	29.3×	17.9×	29.3×
2013	23.0×	15.1×	24.4×
2012	14.9×	14.1×	95.5×
2011	47.7×	17.5×	47.8×

Against its peers

Companies in Industrial - Distribution nearest Watsco's size, closest first, today.

Company	Price to free cash flow
WSOWatsco	19.1×
AITApplied Industrial Technologies	25.3×
WCCWESCO International	99.9×
CNMCore & Main	12.7×
POOLPool	24.0×
MSMMSC Industrial Direct	28.9×
SITESiteOne Landscape Supply	17.4×
LKQLKQ	7.1×
FERGFerguson	n/m
FASTFastenal	51.5×
GWWW.W. Grainger	42.1×
Peer median	25.3×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Watsco

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.