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Watsco, Inc. (WSO)
NYSE: WSO · Real-Time Price · USD
319.52
+7.83 (2.51%)
At close: Nov 4, 2026, 4:00 PM EST
318.18
-1.34 (-0.42%)
After-hours: Nov 4, 2026, 7:30 PM EST

Watsco Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Revenue
2,2202,1051,5331,5792,0672,0621,5311,7542,1602,1391,5651,6032,1272,0031,5511,5812,0362,1341,5241,512
Revenue Growth
7.42%2.06%0.13%-9.99%-4.31%-3.59%-2.17%9.40%1.56%6.80%0.92%1.39%4.47%-6.12%1.78%4.59%14.21%15.36%34.10%30.93%
Gross Profit
586.29578.93427.56428.44568.92603.49429.62468.08566.24579.76430.63414.42566.95562.62448.16433.55550.85595.53450.36412.12
Operating Income
225.21230.27104.9596.09225.78265.08107.2129.27238.56258.99121.22102.32247.48260.13161.49132.19229.48280.83167.33120.17
Net Income
155.37152.672.9567.05150.87171.4574.8190.16159.13168.7980.1776.83159.03160.83102.66128.6143.25174.96102.9971.8
Earnings Per Share
3.774.001.921.773.984.521.982.394.224.492.172.094.354.422.833.564.034.932.902.02
EPS Growth
-5.38%-11.68%-2.94%-26.00%-5.82%0.84%-8.92%14.46%-2.84%1.60%-23.27%-41.34%7.92%-10.37%-2.52%75.91%11.29%32.87%104.00%69.84%

Revenue by Geography
Chart
Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
United States
1,9271,3951,4171,8881,8741,3781,5801,9551,9261,3991,4221,9251,7991,3951,4221,8511,9341,3711,345
Canada
88.3267.3980.1887.8193.7176.4183.796.695.779.886.01100.03107.3681.2685.97100.57113.1689.4295.92
Latin America and the Caribbean
89.7970.1482.0490.8394.3577.0489.79108.44117.1386.5195.14102.2696.6974.3773.284.1686.1662.8170.86
Revenue (Total)
2,1051,5331,5792,0672,0621,5311,7542,1602,1391,5651,6032,1272,0031,5511,5812,0362,1341,5241,512

Cash & Debt
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash & Investments
648.7464.19592.68733.28524.35292.98431.82781.94550.02424.85478.86210.11175.02162.53140.96147.51130.23129.05110.61118.27
Total Debt
553.72535.27486.23478.79457.51454.09459.69447.46428.36411.53409.21404.79488.85694.9540.68390.53336.37515.75565.11369.71
Net Cash (Debt)
94.98-71.08106.45254.566.84-161.11-27.87334.48121.6613.3369.65-194.68-313.82-532.38-399.72-243.02-206.14-386.7-454.5-251.45
Net Cash Growth
42.10%---23.91%-45.06%---------------
Net Cash Per Share
2.46-1.862.806.711.76-4.25-0.748.863.230.351.88-5.29-8.58-14.61-11.01-6.72-5.80-10.89-12.80-7.08

Cash Flow & CapEx
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Operating Cash Flow
325.1-2.54-18.91399.77354.94-7.45-177.64378.9232.7657.74103.71298.61352.52-41.76-47.42213.08285.81174.69-101.6229.89
Capital Expenditures
-9.67-8.99-6.96-11.29-8.88-6.84-7.54-8.03-9.8-6.42-5.85-9.98-9.67-8.33-7.51-9.13-7.57-10.63-8.32-8.69
Free Cash Flow
315.43-11.52-25.87388.47346.06-14.28-185.19370.87222.9751.3297.86288.64342.85-50.08-54.93203.96278.23164.07-109.9521.2
Free Cash Flow Growth
-8.85%--4.75%55.21%--28.49%-34.97%--41.52%23.22%--862.07%19.91%44.63%--86.48%

Margins
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Gross Margin
26.41%27.50%27.89%27.14%27.52%29.26%28.06%26.69%26.21%27.10%27.52%25.85%26.66%28.09%28.90%27.42%27.06%27.91%29.56%27.26%
Operating Margin
10.14%10.94%6.85%6.09%10.92%12.85%7.00%7.37%11.04%12.11%7.75%6.38%11.64%12.99%10.42%8.36%11.27%13.16%10.98%7.95%
Pretax Margin
10.35%11.49%7.61%6.80%11.54%13.29%7.68%8.15%11.90%12.79%8.24%6.78%11.98%13.09%10.58%8.67%11.58%13.40%11.19%8.12%
Profit Margin
7.00%7.25%4.76%4.25%7.30%8.31%4.89%5.14%7.37%7.89%5.12%4.79%7.48%8.03%6.62%8.13%7.04%8.20%6.76%4.75%
FCF Margin
14.21%-0.55%-1.69%24.61%16.74%-0.69%-12.10%21.14%10.32%2.40%6.25%18.00%16.12%-2.50%-3.54%12.90%13.67%7.69%-7.22%1.40%

Dividends
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Dividend Per Share
3.3003.3003.0003.0003.0003.0002.7002.7002.7002.7002.4502.4502.4502.4502.4502.2002.2002.2001.9501.950
Dividend Per Share Growth
10.00%10.00%11.11%11.11%11.11%11.11%10.20%10.20%10.20%10.20%0%11.36%11.36%11.36%25.64%12.82%12.82%12.82%9.86%9.86%
Dividend Yield
4.14%3.03%3.30%3.47%2.82%2.52%2.13%2.19%2.09%2.18%2.32%2.29%2.56%2.46%2.86%3.51%3.17%3.36%2.56%2.44%

Valuation
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
PE Ratio
26.1835.3529.9127.5631.4433.7238.9536.4938.1835.6833.2731.5124.8825.7420.9616.0318.7617.8024.9228.96
Forward PE
24.4332.9828.8226.4329.3130.5434.7033.0933.5432.5729.9228.9126.4126.7923.5018.2918.5116.7925.4129.35
P/FCF Ratio
17.59--23.9129.61--24.4728.0222.1623.3629.8931.04--16.4426.1627.68-34.10
PS Ratio
1.582.151.911.772.072.232.532.392.482.332.172.161.891.921.581.211.281.221.621.76