Watsco, Inc. (WSO)
NYSE: WSO · Real-Time Price · USD
438.47
-18.39 (-4.03%)
At close: Apr 28, 2026, 4:00 PM EDT
432.07
-6.40 (-1.46%)
After-hours: Apr 28, 2026, 4:16 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 | 2020 - 2016 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | 2020 - 2016 |
| Revenue | 7,241 | 7,239 | 7,618 | 7,284 | 7,274 | 6,280 | Upgrade
|
| Revenue Growth (YoY) | -4.52% | -4.98% | 4.59% | 0.13% | 15.83% | 24.24% | Upgrade
|
| Cost of Revenue | 5,213 | 5,209 | 5,574 | 5,292 | 5,244 | 4,613 | Upgrade
|
| Gross Profit | 2,028 | 2,030 | 2,045 | 1,992 | 2,030 | 1,668 | Upgrade
|
| Selling, General & Admin | 1,293 | 1,293 | 1,256 | 1,186 | 1,189 | 1,030 | Upgrade
|
| Amortization of Goodwill & Intangibles | 5.35 | 5.35 | 5.43 | 4.32 | 4.71 | 5.56 | Upgrade
|
| Operating Expenses | 1,336 | 1,336 | 1,297 | 1,221 | 1,220 | 1,058 | Upgrade
|
| Operating Income | 692.14 | 694.14 | 748.04 | 771.42 | 809.82 | 609.47 | Upgrade
|
| Interest Expense | - | - | - | -4.92 | -2.17 | -1 | Upgrade
|
| Interest & Investment Income | 18.37 | 17.33 | 20.87 | - | - | - | Upgrade
|
| Earnings From Equity Investments | 27.77 | 27.77 | 30.5 | 26.18 | 22.67 | 19.3 | Upgrade
|
| Currency Exchange Gain (Loss) | -1.56 | -1.56 | 3.23 | -2.79 | -0.92 | -0.24 | Upgrade
|
| Pretax Income | 736.71 | 737.68 | 802.64 | 789.89 | 829.41 | 627.53 | Upgrade
|
| Income Tax Expense | 150.73 | 150.09 | 166.9 | 155.75 | 125.72 | 128.8 | Upgrade
|
| Earnings From Continuing Operations | 585.99 | 587.59 | 635.74 | 634.14 | 703.7 | 498.74 | Upgrade
|
| Minority Interest in Earnings | -89.98 | -90.59 | -99.45 | -97.8 | -102.53 | -79.79 | Upgrade
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| Net Income | 496.01 | 496.99 | 536.29 | 536.34 | 601.17 | 418.95 | Upgrade
|
| Preferred Dividends & Other Adjustments | 32.81 | 32.81 | 37.39 | 36.97 | 51.37 | 37.27 | Upgrade
|
| Net Income to Common | 463.2 | 464.18 | 498.89 | 499.37 | 549.8 | 381.67 | Upgrade
|
| Net Income Growth | -6.30% | -7.33% | -0.01% | -10.78% | 43.49% | 55.41% | Upgrade
|
| Shares Outstanding (Basic) | 38 | 38 | 37 | 36 | 36 | 35 | Upgrade
|
| Shares Outstanding (Diluted) | 38 | 38 | 38 | 37 | 36 | 35 | Upgrade
|
| Shares Change (YoY) | 0.54% | 1.04% | 2.68% | 2.38% | 0.73% | 0.78% | Upgrade
|
| EPS (Basic) | 12.23 | 12.27 | 13.34 | 13.72 | 15.46 | 10.83 | Upgrade
|
| EPS (Diluted) | 12.18 | 12.25 | 13.30 | 13.67 | 15.41 | 10.78 | Upgrade
|
| EPS Growth | -6.85% | -7.92% | -2.70% | -11.29% | 43.00% | 53.72% | Upgrade
|
| Free Cash Flow | 694.38 | 535.06 | 743.01 | 526.48 | 536.31 | 324.1 | Upgrade
|
| Free Cash Flow Per Share | 18.31 | 14.12 | 19.81 | 14.41 | 15.03 | 9.15 | Upgrade
|
| Dividend Per Share | 9.000 | 11.700 | 10.550 | 9.800 | 8.550 | 7.625 | Upgrade
|
| Dividend Growth | -16.67% | 10.90% | 7.65% | 14.62% | 12.13% | 10.11% | Upgrade
|
| Gross Margin | 28.01% | 28.05% | 26.84% | 27.35% | 27.91% | 26.55% | Upgrade
|
| Operating Margin | 9.56% | 9.59% | 9.82% | 10.59% | 11.13% | 9.71% | Upgrade
|
| Profit Margin | 6.40% | 6.41% | 6.55% | 6.86% | 7.56% | 6.08% | Upgrade
|
| Free Cash Flow Margin | 9.59% | 7.39% | 9.75% | 7.23% | 7.37% | 5.16% | Upgrade
|
| EBITDA | 736.13 | 737.89 | 788.86 | 806.51 | 841.51 | 637.59 | Upgrade
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| EBITDA Margin | 10.17% | 10.19% | 10.36% | 11.07% | 11.57% | 10.15% | Upgrade
|
| D&A For EBITDA | 43.99 | 43.75 | 40.82 | 35.09 | 31.68 | 28.13 | Upgrade
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| EBIT | 692.14 | 694.14 | 748.04 | 771.42 | 809.82 | 609.47 | Upgrade
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| EBIT Margin | 9.56% | 9.59% | 9.82% | 10.59% | 11.13% | 9.71% | Upgrade
|
| Effective Tax Rate | 20.46% | 20.35% | 20.79% | 19.72% | 15.16% | 20.52% | Upgrade
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| Advertising Expenses | - | 24.09 | 25.34 | 28.24 | 25.88 | 21.55 | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.