For the year ending 2025-12-31, WSO had -$92,988K decrease in cash & cash equivalents over the period. $535,063K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 587,588 |
| Depreciation and amortization | 43,752 |
| Share-based compensation | 35,344 |
| Non-cashcontribution to 401 plan | 8,743 |
| Deferred income tax provision (benefit) | 18,437 |
| Provision for doubtful accounts | 5,201 |
| Loss (gain) on sale of property and equipment | -407 |
| Other income from investment in unconsolidated entity | 27,765 |
| Accounts receivable, net | -83,425 |
| Inventories, net | -11,957 |
| Accounts payable and other liabilities | -203,051 |
| Other, net | -5,575 |
| Net cash provided by operating activities | 569,613 |
| Purchases of short-term cash investments | 300,000 |
| Capital expenditures | 34,550 |
| Business acquisitions, net of cash acquired | 19,198 |
| Other investments | 500 |
| Investment in unconsolidated entity | 0 |
| Proceeds from sale of property and equipment | 457 |
| Proceeds from maturities of short-term cash investments | 255,669 |
| Net cash used in investing activities | -98,122 |
| Dividends on common stock | 473,765 |
| Distributions tonon-controllinginterest | 132,196 |
| Net repayments of finance lease liabilities | 5,974 |
| Repurchases of common stock to satisfy employee withholding tax obligations | 3,657 |
| Net (repayments) proceeds under current revolving credit agreement | 0 |
| Net proceeds from the sale of common stock | 0 |
| Net repayments under prior revolving credit agreement | 0 |
| Payment of fees related to revolving credit agreement | 0 |
| Proceeds from non-controlling interest for investment-Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 0 |
| Proceeds from non-controlling interest for investment-Wl Lashley Associates Inc | 999 |
| Proceeds from dividend reinvestment plan | 21,665 |
| Proceeds from issuances of common stock under employee related plans | 24,812 |
| Net cash used in financing activities | -568,116 |
| Effect of foreign exchange rate changes on cash and cash equivalents | 3,637 |
| Net (decrease) increase in cash and cash equivalents | -92,988 |
| Cash and cash equivalents at beginning of year | 526,271 |
| Cash and cash equivalents at end of year | 433,283 |
WATSCO INC (WSO)
WATSCO INC (WSO)