Watsco, Inc. (WSO.B)
NYSE: WSO.B · Real-Time Price · USD
504.10
+2.26 (0.45%)
Apr 25, 2025, 4:00 PM EDT - Market closed
Watsco Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Revenue | 7,584 | 7,618 | 7,284 | 7,274 | 6,280 | 5,055 | Upgrade
|
| Revenue Growth (YoY) | 3.92% | 4.59% | 0.13% | 15.83% | 24.24% | 5.96% | Upgrade
|
| Cost of Revenue | 5,541 | 5,574 | 5,292 | 5,244 | 4,613 | 3,832 | Upgrade
|
| Gross Profit | 2,044 | 2,045 | 1,992 | 2,030 | 1,668 | 1,223 | Upgrade
|
| Selling, General & Admin | 1,269 | 1,256 | 1,186 | 1,189 | 1,030 | 806.65 | Upgrade
|
| Operating Expenses | 1,310 | 1,297 | 1,221 | 1,220 | 1,058 | 832.56 | Upgrade
|
| Operating Income | 734.01 | 748.04 | 771.42 | 809.82 | 609.47 | 390.26 | Upgrade
|
| Interest Expense | - | - | -4.92 | -2.17 | -1 | -1.24 | Upgrade
|
| Interest & Investment Income | 23.82 | 20.87 | - | - | - | - | Upgrade
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| Earnings From Equity Investments | 30.19 | 30.5 | 26.18 | 22.67 | 19.3 | 11.26 | Upgrade
|
| Currency Exchange Gain (Loss) | 3.23 | 3.23 | -2.79 | -0.92 | -0.24 | -0.49 | Upgrade
|
| Pretax Income | 791.24 | 802.64 | 789.89 | 829.41 | 627.53 | 399.8 | Upgrade
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| Income Tax Expense | 165.22 | 166.9 | 155.75 | 125.72 | 128.8 | 76.62 | Upgrade
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| Earnings From Continuing Operations | 626.02 | 635.74 | 634.14 | 703.7 | 498.74 | 323.17 | Upgrade
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| Minority Interest in Earnings | -96.68 | -99.45 | -97.8 | -102.53 | -79.79 | -53.59 | Upgrade
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| Net Income | 529.34 | 536.29 | 536.34 | 601.17 | 418.95 | 269.58 | Upgrade
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| Preferred Dividends & Other Adjustments | 37.39 | 37.39 | 36.97 | 51.37 | 37.27 | 23.14 | Upgrade
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| Net Income to Common | 491.95 | 498.89 | 499.37 | 549.8 | 381.67 | 246.44 | Upgrade
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| Net Income Growth | 3.13% | -0.01% | -10.78% | 43.49% | 55.41% | 9.61% | Upgrade
|
| Shares Outstanding (Basic) | 38 | 37 | 36 | 36 | 35 | 35 | Upgrade
|
| Shares Outstanding (Diluted) | 38 | 38 | 37 | 36 | 35 | 35 | Upgrade
|
| Shares Change (YoY) | 2.77% | 2.68% | 2.38% | 0.73% | 0.78% | 1.37% | Upgrade
|
| EPS (Basic) | 13.08 | 13.34 | 13.72 | 15.46 | 10.83 | 7.03 | Upgrade
|
| EPS (Diluted) | 13.03 | 13.30 | 13.67 | 15.41 | 10.78 | 7.01 | Upgrade
|
| EPS Growth | 0.31% | -2.70% | -11.29% | 43.00% | 53.72% | 7.78% | Upgrade
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| Free Cash Flow | 460.01 | 743.01 | 526.48 | 536.31 | 324.1 | 517.94 | Upgrade
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| Free Cash Flow Per Share | 12.19 | 19.81 | 14.41 | 15.03 | 9.15 | 14.73 | Upgrade
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| Dividend Per Share | 10.800 | 10.550 | 9.800 | 8.550 | 7.625 | 6.925 | Upgrade
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| Dividend Growth | 10.20% | 7.65% | 14.62% | 12.13% | 10.11% | 8.20% | Upgrade
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| Gross Margin | 26.95% | 26.84% | 27.35% | 27.91% | 26.55% | 24.19% | Upgrade
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| Operating Margin | 9.68% | 9.82% | 10.59% | 11.13% | 9.71% | 7.72% | Upgrade
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| Profit Margin | 6.49% | 6.55% | 6.86% | 7.56% | 6.08% | 4.88% | Upgrade
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| Free Cash Flow Margin | 6.07% | 9.75% | 7.23% | 7.37% | 5.16% | 10.25% | Upgrade
|
| EBITDA | 775.72 | 788.86 | 806.51 | 841.51 | 637.59 | 416.17 | Upgrade
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| EBITDA Margin | 10.23% | 10.36% | 11.07% | 11.57% | 10.15% | 8.23% | Upgrade
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| D&A For EBITDA | 41.72 | 40.82 | 35.09 | 31.68 | 28.13 | 25.91 | Upgrade
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| EBIT | 734.01 | 748.04 | 771.42 | 809.82 | 609.47 | 390.26 | Upgrade
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| EBIT Margin | 9.68% | 9.82% | 10.59% | 11.13% | 9.71% | 7.72% | Upgrade
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| Effective Tax Rate | 20.88% | 20.79% | 19.72% | 15.16% | 20.52% | 19.17% | Upgrade
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| Advertising Expenses | - | 25.34 | 28.24 | 25.88 | 21.55 | 12.59 | Upgrade
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Updated Apr 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.