Watsco
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Watsco generated cash of $561,954,000, which is less than the previous year. Cash used in financing activities reached the amount of -$460,076,000 last year. Net change in cash is therefore $62,607,000.
Cash Flow
| 2014 | 144.98M | -19.12M | -120.20M |
|---|---|---|---|
| 2015 | 221.38M | -22.93M | -186.32M |
| 2016 | 277.75M | -42.83M | -213.91M |
| 2017 | 301.84M | -81.30M | -197.47M |
| 2018 | 170.55M | -26.31M | -139.60M |
| 2019 | 335.77M | -81.03M | -264.02M |
| 2020 | 534.37M | -16.34M | -448.49M |
| 2021 | 349.56M | -148.57M | -249.62M |
| 2022 | 571.96M | -33.83M | -503.95M |
| 2023 | 561.95M | -41.34M | -460.07M |
WSO-B Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 147.50M | 118.26M | 146.06M | 74.45M | 82.89M | 80.49M | 56.01M | 35.22M | 24.44M | 19.47M |
Operating activities | ||||||||||
Net income | 634.13M | 703.69M | 498.73M | 323.17M | 295.77M | 296.52M | 257.29M | 235.98M | 226.52M | 208.70M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 35.09M | 31.68M | 28.12M | 25.90M | 24.51M | 22.09M | 22.03M | 20.06M | 19.11M | 17.92M |
Stock-based compensation expense | 30M | 28.82M | 25.36M | 22.12M | 17.03M | 15.50M | 13.29M | 12.31M | 12.59M | 11.47M |
| Deferred income tax benefit | 30M | 28.82M | 25.36M | 22.12M | 17.03M | 15.50M | 13.29M | 12.31M | 12.59M | 11.47M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -36.03M | -60.15M | -130.41M | -3.55M | 8.45M | -28.83M | -1.67M | -26.94M | -26.12M | -41.06M |
Inventories | 64.62M | -259.86M | -243.66M | 139.92M | -15.52M | -78.95M | -73.40M | -9.72M | -3.65M | -98.74M |
Accounts payable | -162.04M | 121.99M | 182.81M | 33.93M | 12.73M | -57.39M | 95.28M | -2.06M | -285K | 45.24M |
Cash generated by operating activities | 561.95M | 571.96M | 349.56M | 534.37M | 335.77M | 170.55M | 301.84M | 277.75M | 221.38M | 144.98M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | -1M | 0 | -4.94M | -3.76M | -63.6M | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -35.47M | -33.78M | -24.10M | -16.34M | -16.42M | -16.92M | -17.70M | -43.57M | -23.69M | -21.51M |
Acquisitions Net | -3.82M | -47K | -129.46M | 94K | -64.61M | -9.38M | -63.6M | -42.16M | 760K | 0 |
Cash generated by investing activities | -41.34M | -33.83M | -148.57M | -16.34M | -81.03M | -26.31M | -81.30M | -42.83M | -22.93M | -19.12M |
Financing activities | ||||||||||
Common Stock Issued | 15.17M | 0 | 21.01M | 19.25M | 13.34M | 6.59M | 252.98M | 5.65M | 5.95M | 4.24M |
Payments for dividends | -382.64M | -332.44M | -294.52M | -265.71M | -241.41M | -209.21M | -164.14M | -127.60M | -98.53M | -69.87M |
Repurchases of common stock | -2.82M | -87.10M | -1.09M | -2.29M | -1.52M | -3.78M | -4.67M | -5.65M | -1.46M | 0 |
Repayments of term debt | -45.04M | -35.64M | -86.96M | -157.14M | 19.26M | -21.8M | -213.51M | -10.00M | -56.41M | -74.72M |
Cash used in financing activities | -460.07M | -503.95M | -249.62M | -448.49M | -264.02M | -139.60M | -197.47M | -213.91M | -186.32M | -120.20M |
Net Change In Cash | 62.60M | 29.23M | -27.79M | 71.61M | -8.44M | 2.39M | 24.48M | 20.78M | 10.78M | 4.96M |
Cash at end of period | 210.11M | 147.50M | 118.26M | 146.06M | 74.45M | 82.89M | 80.49M | 56.01M | 35.22M | 24.44M |
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