Watsco, Inc. (WSO)
NYSE: WSO · Real-Time Price · USD
309.30
-1.43 (-0.46%)
At close: Jul 31, 2026, 4:00 PM EDT
310.40
+1.10 (0.36%)
After-hours: Jul 31, 2026, 7:55 PM EDT
Watsco Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 7,284 | 7,239 | 7,618 | 7,284 | 7,274 | 6,280 | |
Revenue Growth | -2.98% | -4.98% | 4.59% | 0.13% | 15.83% | 24.24% |
Cost of Revenue | 5,280 | 5,209 | 5,574 | 5,292 | 5,244 | 4,613 |
Gross Profit | 2,004 | 2,030 | 2,045 | 1,992 | 2,030 | 1,668 |
Selling, General & Admin | 1,348 | 1,338 | 1,293 | 1,224 | 1,221 | 1,058 |
Other Operating Expenses | -29.15 | -27.77 | -30.5 | -26.18 | -22.67 | -19.3 |
Total Operating Expenses | 1,319 | 1,310 | 1,263 | 1,197 | 1,199 | 1,039 |
Operating Income | 684.85 | 720.35 | 781.78 | 794.81 | 831.58 | 628.53 |
Interest Expense | - | 17.33 | 20.87 | -4.92 | -2.17 | -1 |
Total Non-Operating Income (Expense) | - | 17.33 | 20.87 | -4.92 | -2.17 | -1 |
Pretax Income | 704.39 | 737.68 | 802.64 | 789.89 | 829.41 | 627.53 |
Provision for Income Taxes | 143.86 | 150.09 | 166.9 | 155.75 | 125.72 | 128.8 |
Net Income | 560.52 | 587.59 | 635.74 | 634.14 | 703.7 | 498.74 |
Minority Interest in Earnings | - | 90.59 | 99.45 | 97.8 | 102.53 | 79.79 |
Net Income to Common | 475.73 | 496.99 | 536.29 | 536.34 | 601.17 | 418.95 |
Net Income Growth | -10.50% | -7.33% | -0.01% | -10.78% | 43.49% | 55.41% |
Shares Outstanding (Basic) | 38 | 38 | 37 | 36 | 36 | 35 |
Shares Outstanding (Diluted) | 38 | 38 | 38 | 37 | 36 | 35 |
Shares Change | 0.56% | 1.04% | 2.68% | 2.38% | 0.73% | 0.78% |
EPS (Basic) | 11.53 | 12.27 | 13.34 | 13.72 | 15.46 | 10.83 |
EPS (Diluted) | 11.53 | 12.25 | 13.30 | 13.67 | 15.41 | 10.78 |
EPS Growth | -11.58% | -7.90% | -2.71% | -11.29% | 42.95% | 53.78% |
Free Cash Flow | 706.13 | 535.06 | 743.01 | 526.48 | 536.31 | 324.1 |
Free Cash Flow Growth | 79.05% | -27.99% | 41.13% | -1.83% | 65.48% | -37.43% |
Free Cash Flow Per Share | 18.58 | 14.12 | 19.81 | 14.41 | 15.03 | 9.15 |
Dividends Per Share | 12.300 | 11.700 | 10.550 | 9.800 | 8.550 | 7.625 |
Dividend Growth | 10.81% | 10.90% | 7.65% | 14.62% | 12.13% | 10.11% |
Gross Margin | 27.51% | 28.05% | 26.84% | 27.35% | 27.91% | 26.55% |
Operating Margin | 9.40% | 9.95% | 10.26% | 10.91% | 11.43% | 10.01% |
Profit Margin | 7.70% | 8.12% | 8.34% | 8.71% | 9.67% | 7.94% |
FCF Margin | 9.69% | 7.39% | 9.75% | 7.23% | 7.37% | 5.16% |
EBITDA | 728.85 | 764.1 | 822.6 | 829.9 | 863.26 | 656.66 |
EBITDA Margin | 10.01% | 10.55% | 10.80% | 11.39% | 11.87% | 10.46% |
EBIT | 684.85 | 720.35 | 781.78 | 794.81 | 831.58 | 628.53 |
EBIT Margin | 9.40% | 9.95% | 10.26% | 10.91% | 11.43% | 10.01% |
Effective Tax Rate | 20.42% | 20.35% | 20.79% | 19.72% | 15.16% | 20.52% |