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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 Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '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 (YoY)
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%
Cost of Revenue
1,6341,5261,1051,1501,4981,4591,1011,2861,5941,5601,1341,1891,5601,4401,1021,1481,4851,5381,0731,100
Gross Profit
586.29578.93427.56428.44568.92603.49429.62468.08566.24579.76430.63414.42566.95562.62448.16433.55550.85595.53450.36412.12
Selling, General & Admin
370.75348.66322.6288.59343.14338.41322.43297.99327.69320.77309.4277319.46302.5286.66269.68321.37314.7283.03263.82
Amortization of Goodwill & Intangibles
---5.35---5.43---4.32---4.71---5.56
Other Operating Expenses
-9.67-------------------
Operating Expenses
361.08348.66322.6332.35343.14338.41322.43338.81327.69320.77309.4312.09319.46302.5286.66301.36321.37314.7283.03291.95
Operating Income
225.21230.27104.9596.09225.78265.08107.2129.27238.56258.99121.22102.32247.48260.13161.49132.19229.48280.83167.33120.17
Interest Expense
-------------1.89-3.42-0.62-0.01-0.48-1.11-0.56-0.24
Interest & Investment Income
4.63.56.465.853.732.335.426.716.774.912.471--------
Earnings From Equity Investments
-8.435.485.749.57.385.156.5910.388.075.465.799.517.243.645.386.936.324.053.03
Currency Exchange Gain (Loss)
--0.33-0.25-0.3-0.52-0.59-0.150.321.311.74-0.15-0.37-0.37-1.66-0.39-0.39-0.15-0.05-0.32-0.14
Pretax Income
229.8241.87116.64107.38238.5274.2117.61142.9257.02273.72129.01108.75254.73262.29164.13137.17235.77285.99170.49122.83
Income Tax Expense
46.9650.5723.720.3349.2757.4323.0727.7255.3759.0724.7511.0154.156.8933.75-19.9749.660.4835.627.2
Earnings From Continuing Operations
182.84191.392.9487.05189.23216.7794.54115.18201.65214.65104.2697.74200.62205.4130.37157.13186.17225.51134.8995.63
Minority Interest in Earnings
-27.47-27.97-13.87-15.31-27.66-33.16-14.48-18.34-30.62-33.24-17.26-15.19-29.67-32.64-20.3-19.46-28.53-32.95-21.59-16.75
Net Income
155.37163.3479.0771.75161.58183.6180.0696.84171.03181.418782.55170.95172.76110.07137.67157.64192.56113.378.89
Preferred Dividends & Other Adjustments
-10.736.124.6910.7112.175.256.6811.912.626.845.7211.9211.937.419.0714.3917.610.317.09
Net Income to Common
155.37152.672.9567.05150.87171.4574.8190.16159.13168.7980.1776.83159.03160.83102.66128.6143.25174.96102.9971.8
Net Income Growth (YoY)
2.98%-10.99%-2.49%-25.63%-5.19%1.58%-6.68%17.35%0.06%4.95%-21.91%-40.26%11.01%-8.07%-0.32%79.12%11.68%33.23%104.94%70.75%
Shares Outstanding (Basic)
3938383838383838383837373636363635353535
Shares Outstanding (Diluted)
3938383838383838383837373736363636363635
Shares Change (YoY)
1.69%0.77%0.30%0.50%0.66%0.72%2.31%2.52%2.99%3.29%1.92%1.85%2.86%2.56%2.25%1.82%0.34%0.26%0.49%0.62%
EPS (Basic)
4.034.001.921.773.984.531.982.394.244.502.172.094.364.432.843.564.044.942.912.02
EPS (Diluted)
3.774.001.921.773.984.521.982.394.224.492.172.094.354.422.833.564.034.932.902.02
EPS Growth (YoY)
-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%

Additional Metrics

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '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
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 Per Share
8.18-0.30-0.6810.249.13-0.38-4.899.835.921.362.657.849.37-1.38-1.515.647.824.62-3.100.60
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 Growth (YoY)
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%
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%
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%
Free Cash Flow 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%
EBITDA
237.24241.19115.97107.17236.77275.99117.97139.76249269131.11112.01256.27268.56169.68140.43237.54288.62174.92127.42
EBITDA Margin
10.69%11.46%7.56%6.79%11.46%13.38%7.70%7.97%11.53%12.57%8.38%6.99%12.05%13.41%10.94%8.88%11.67%13.53%11.48%8.43%
D&A For EBITDA
12.0310.9211.0211.0710.9910.9110.7810.4910.4410.019.889.688.798.438.188.248.067.787.597.25
EBIT
225.21230.27104.9596.09225.78265.08107.2129.27238.56258.99121.22102.32247.48260.13161.49132.19229.48280.83167.33120.17
EBIT 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%
Effective Tax Rate
20.43%20.91%20.32%18.93%20.66%20.95%19.61%19.40%21.54%21.58%19.18%10.12%21.24%21.69%20.57%-21.04%21.15%20.88%22.14%
SEC Filings: 10-K · 10-Q