Seek Returns

INIO vs. WSO.B: Innio vs. Watsco Stock Comparison

How do Innio (INIO) and Watsco (WSO.B) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Innio (INIO) and Watsco (WSO.B) both fall under the Capital Goods industry group, but INIO is classified in Electrical Equipment while WSO.B is classified in Trading Companies & Distributors.

Watsco (WSO.B) has been public since March 17, 1980, giving it decades of market history across multiple cycles, while Innio (INIO) listed only on June 8, 2026 and lacks comparable through-cycle data.

Company profile comparison for Innio (INIO) and Watsco (WSO.B)
Profile ItemINIOWSO.B
NameInnio N.V.Watsco Inc. Class B Common Stock
Country/RegionGermanyUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryElectrical EquipmentTrading Companies & Distributors
GICS Sub-IndustryHeavy Electrical EquipmentTrading Companies & Distributors
Market Capitalization10.33 billion USD12.92 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJune 8, 2026March 17, 1980
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

INIO
WSO.B
GSPC
Loading price history…
Innio (INIO) vs. Watsco (WSO.B), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for Innio (INIO) and Watsco (WSO.B). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Innio (INIO) and Watsco (WSO.B). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Innio (INIO) and Watsco (WSO.B)
MetricINIOWSO.B
Total Return (1Y)---11.21%
Total Return (3Y, Annualized)---3.05%
Total Return (5Y, Annualized)--4.30%

Risk Profile

Drawdown History

INIO
WSO.B
GSPC
Loading price history…
Innio (INIO) vs. Watsco (WSO.B), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for Innio (INIO) and Watsco (WSO.B). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Innio (INIO) reports a negative beta of -1.88, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. Watsco (WSO.B) has a non-negative beta of 0.64.

Innio (INIO) trades around 5.43M shares per day on average, while Watsco (WSO.B) sees only 74 — a volume gap that can matter for position sizing, exit liquidity, and order execution.

Risk profile metrics for Innio (INIO) and Watsco (WSO.B)
MetricINIOWSO.B
Volatility (1Y, Annualized)94.54%40.28%
Beta (5Y)-1.880.64
Max Drawdown (5Y)-67.59%-43.41%
Avg. Volume (3M)5.43M74

Risk-Adjusted Performance

Risk-Return Positioning

Both INIO and WSO.B need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Risk-adjusted metrics for Innio (INIO) and Watsco (WSO.B)
MetricINIOWSO.B
Sharpe Ratio (1Y)---0.38
Sortino Ratio (1Y)---0.57

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Watsco (WSO.B) earns 16.21% on shareholders’ equity, ranked against its industry; Innio (INIO) has no ROE this period.

INIO

Capital Goods industry group

--

Max
40.55%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%
INIO
--

WSO.B

Capital Goods industry group

16.21%

Max
40.55%
Q3
19.29%
WSO.B
16.21%
Median
12.12%
Q1
4.08%
Min
-17.12%
Loading chart…
Innio (INIO) vs. Watsco (WSO.B): INIO does not report ROE, so it has no value marker; WSO.B is benchmarked against the Capital Goods industry group.

Net Margin (TTM)

Both Innio (INIO) at 2.71% and Watsco (WSO.B) at 6.31% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

INIO

Capital Goods industry group

2.71%

Max
27.47%
Q3
12.10%
Median
6.30%
INIO
2.71%
Q1
1.40%
Min
-12.89%

WSO.B

Capital Goods industry group

6.31%

Max
27.47%
Q3
12.10%
WSO.B
6.31%
Median
6.30%
Q1
1.40%
Min
-12.89%
Loading chart…
Innio (INIO) vs. Watsco (WSO.B): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Innio (INIO) at 16.58% and Watsco (WSO.B) at 10.14% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

INIO

Capital Goods industry group

16.58%

Max
36.60%
Q3
18.33%
INIO
16.58%
Median
11.12%
Q1
5.14%
Min
-12.63%

WSO.B

Capital Goods industry group

10.14%

Max
36.60%
Q3
18.33%
Median
11.12%
WSO.B
10.14%
Q1
5.14%
Min
-12.63%
Loading chart…
Innio (INIO) vs. Watsco (WSO.B): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Innio (INIO) and Watsco (WSO.B)
MetricINIOWSO.B
ROE (TTM)--16.21%
ROA (TTM)--8.27%
Net Margin (TTM)2.71%6.31%
Operating Margin (TTM)16.58%10.14%
Gross Margin (TTM)33.08%27.18%

Growth

Revenue Growth

Innio (INIO) at 22.13% sits in the top revenue growth quartile, while Watsco (WSO.B) at -4.98% is in the bottom quartile, showing a clear gap in revenue momentum.

Loading chart…
Innio (INIO) vs. Watsco (WSO.B): A comparison of their Revenue Growth across different time periods.

EPS Growth

Innio (INIO) at 59.26% sits in the top EPS growth quartile, while Watsco (WSO.B) at -7.47% is closer to the peer norm — faster per-share earnings growth for INIO.

Loading chart…
Innio (INIO) vs. Watsco (WSO.B): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Innio (INIO) and Watsco (WSO.B)
MetricINIOWSO.B
Revenue Growth (YoY)22.13%-4.98%
Revenue Growth (3Y CAGR)---0.16%
EPS Growth (YoY)59.26%-7.47%
EPS Growth (3Y CAGR)---6.89%

Financial Strength

Current Ratio (MRQ)

Watsco (WSO.B) at 3.15 carries current ratio above its industry’s typical mid-range, while Innio (INIO) at 1.27 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

INIO

Capital Goods industry group

1.27

Max
5.22
Q3
2.95
Median
2.08
Q1
1.43
INIO
1.27
Min
0.36

WSO.B

Capital Goods industry group

3.15

Max
5.22
WSO.B
3.15
Q3
2.95
Median
2.08
Q1
1.43
Min
0.36
Loading chart…
Innio (INIO) vs. Watsco (WSO.B): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Watsco (WSO.B) at 0.16 keeps leverage in the lower quartile, while Innio (INIO) at 8.53 is above its industry debt-to-equity ratio range.

INIO

Capital Goods industry group

8.53

INIO
8.53
Max
2.33
Q3
1.12
Median
0.60
Q1
0.29
Min
0.00

WSO.B

Capital Goods industry group

0.16

Max
2.33
Q3
1.12
Median
0.60
Q1
0.29
WSO.B
0.16
Min
0.00
Loading chart…
Innio (INIO) vs. Watsco (WSO.B): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Innio (INIO) and Watsco (WSO.B)
MetricINIOWSO.B
Current Ratio (MRQ)1.273.15
Debt / Equity (MRQ)8.530.16
Net Debt / EBITDA3.24-0.14

Dividends

Dividend Yield (TTM)

Innio (INIO) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Watsco (WSO.B) reports a yield of 4.02%, ranking against industry peers normally.

INIO

Capital Goods industry group

0.00%

Max
2.66%
Q3
1.14%
Median
0.24%
INIO
0.00%
Q1
0.00%
Min
0.00%

WSO.B

Capital Goods industry group

4.02%

WSO.B
4.02%
Max
2.66%
Q3
1.14%
Median
0.24%
Q1
0.00%
Min
0.00%
Loading chart…
Innio (INIO) vs. Watsco (WSO.B): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Watsco (WSO.B) reports payout ratio above 100% at 109.66%, meaning dividends exceeded current-period earnings; Innio (INIO) pays no dividend (payout 0.00%).

INIO

Capital Goods industry group

0.00%

Max
67.39%
Q3
28.02%
Median
6.86%
INIO
0.00%
Q1
0.00%
Min
0.00%

WSO.B

Capital Goods industry group

109.66%

WSO.B
109.66%
Max
67.39%
Q3
28.02%
Median
6.86%
Q1
0.00%
Min
0.00%
Loading chart…
Innio (INIO) vs. Watsco (WSO.B): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Innio (INIO) and Watsco (WSO.B)
MetricINIOWSO.B
Dividend Yield (TTM)0.00%4.02%
Dividend Payout Ratio (TTM)0.00%109.66%

Valuation

P/E Ratio (TTM)

Watsco (WSO.B) at 27.26 is near its industry’s usual P/E ratio, while Innio (INIO) at 105.92 sits above its peer range — an unusually expensive price for INIO’s trailing earnings.

INIO

Capital Goods industry group

105.92

INIO
105.92
Max
59.38
Q3
35.92
Median
25.41
Q1
19.47
Min
3.03

WSO.B

Capital Goods industry group

27.26

Max
59.38
Q3
35.92
WSO.B
27.26
Median
25.41
Q1
19.47
Min
3.03
Loading chart…
Innio (INIO) vs. Watsco (WSO.B): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Innio (INIO) at 2.94 and Watsco (WSO.B) at 1.74 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

INIO

Capital Goods industry group

2.94

Max
7.54
Q3
3.76
INIO
2.94
Median
2.15
Q1
1.03
Min
0.03

WSO.B

Capital Goods industry group

1.74

Max
7.54
Q3
3.76
Median
2.15
WSO.B
1.74
Q1
1.03
Min
0.03
Loading chart…
Innio (INIO) vs. Watsco (WSO.B): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Watsco (WSO.B) at 3.99 sits near its industry’s typical P/B ratio, while Innio (INIO) at 30.53 prices above its benchmark range — INIO looks rich relative to book.

INIO

Capital Goods industry group

30.53

INIO
30.53
Max
9.66
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08

WSO.B

Capital Goods industry group

3.99

Max
9.66
Q3
5.00
WSO.B
3.99
Median
3.12
Q1
1.81
Min
-1.08
Loading chart…
Innio (INIO) vs. Watsco (WSO.B): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Innio (INIO) and Watsco (WSO.B)
MetricINIOWSO.B
P/E Ratio (TTM)105.9227.26
P/S Ratio (TTM)2.941.74
P/B Ratio (MRQ)30.533.99
Free Cash Flow Yield (TTM)--3.50%