Watsco, Inc.

Watsco, Inc.

WSOยทNYSE

$368.36

+1.2%
IndustrialsIndustrial - Distribution

Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, refrigeration equipment, and related parts and supplies. The company distributes equipment comprising residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. It also offers parts, including replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation materials, refrigerants, ductworks, grills, registers, sheet metals, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies, as well as plumbing and bathroom remodeling supplies. The company serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. As of December 31, 2021, it operated from 671 locations in the United States, Canada, Mexico, and Puerto Rico, as well as exports its products to Latin America and the Caribbean Basin. Watsco, Inc. was founded in 1945 and is headquartered in Miami, Florida.

At a Glance

Live Snapshot
Market Cap$14.98B
EPS12.2500
P/E Ratio30.07
Earnings Date07/29/2026
3Y-
5Y+43.0%
10Y+72.0%
3Y-17.0%
5Y+84.0%
10Y+172.0%
3Y-
5Y+7.0%
10Y+102.0%
Watsco, Inc.

Watsco, Inc. Profit Bridge

WSO ยท NYSE
Revenue7.24B
Cost of Goods Sold (5.21B)
Gross Profit2.03B
Operating Expenses (1.34B)
Operating Income692.58M
Interest Expense (0.00)
Other Income/Expense45.09M
Pretax Income737.68M
Income Tax (150.09M)
Net Income496.99M
Net Income
496.99M

Profitability Analysis

Gross Margin

28.0%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

9.6%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

6.9%

Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.

Effective Tax Rate

20.3%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.

Watsco, Inc. Income Statement

WSO โ€ข NYSE

Watsco, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
7.2B
7.6B
7.3B
7.3B
6.3B
5.1B
4.8B
4.5B
4.3B
4.2B
4.1B
3.9B
3.7B
3.4B
3B
2.8B
2B
1.7B
1.8B
1.8B
GROSS PROFIT
(5.2B)
(5.6B)
(5.3B)
(5.2B)
(4.6B)
(3.8B)
(3.6B)
(3.4B)
(3.3B)
(3.2B)
(3.1B)
(3B)
(2.8B)
(2.6B)
(2.2B)
(2.2B)
(1.5B)
(1.3B)
(1.3B)
(1.3B)
2B
2B
2B
2B
1.7B
1.2B
1.2B
1.1B
1.1B
1B
1B
956.4M
899.3M
814.4M
728.3M
673.2M
480.8M
442M
447M
457.3M
OPERATING INCOME
(1.3B)
(1.3B)
(1.2B)
(1.2B)
(1B)
(821.8M)
(790.1M)
(748.2M)
(711.8M)
(689M)
(670.6M)
(650.7M)
(628M)
(589.5M)
(529.2M)
(507.7M)
(399.8M)
(343.4M)
(335.8M)
(321.9M)
(1.3B)
(1.3B)
(1.2B)
(1.2B)
(1.1B)
(833.1M)
(800.3M)
(757.5M)
(715.7M)
(689M)
(670.6M)
(650.7M)
(628M)
(589.5M)
(529.2M)
(507.7M)
(399.8M)
(343.4M)
(335.8M)
(321.9M)
692.6M
781.8M
794.8M
831.6M
628.5M
401M
366.9M
372.1M
353.9M
345.6M
336.7M
305.7M
271.2M
224.9M
199.1M
165.6M
81.1M
98.6M
111.2M
135.4M
PRE-TAX INCOME
(0.0)
-20.9M
(4.9M)
(2.2M)
(996K)
(1.2M)
(4M)
(2.7M)
(6.4M)
(3.7M)
(5.5M)
(5.2M)
(5.8M)
(4.7M)
(51.8M)
(3.5M)
(2.7M)
(2M)
(5.1M)
(3.8M)
17.3M
20.9M
-4.9M
-2.2M
-996K
-1.2M
-4M
-2.7M
-6.4M
-3.7M
-5.5M
-5.2M
-5.8M
-4.7M
-4.5M
-3.5M
-2.7M
-2M
0.0
0.0
(0.0)
(7.1M)
-26.2M
-22.7M
-19.3M
-11.3M
-10.3M
-9.3M
-3.9M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
45.1M
20.9M
-4.9M
-2.2M
-996K
-1.2M
-4M
-2.7M
-6.4M
-3.7M
-5.5M
-5.2M
-5.8M
-4.7M
-4.5M
-3.5M
-2.7M
-2M
-3.2M
-3.8M
737.7M
802.6M
789.9M
829.4M
627.5M
399.8M
362.9M
369.3M
347.5M
341.9M
331.2M
300.5M
265.4M
220.2M
194.6M
162.1M
78.3M
96.6M
108M
131.8M
NET INCOME
(150.1M)
(166.9M)
(155.8M)
(125.7M)
(128.8M)
(76.6M)
(67.1M)
(72.8M)
(90.2M)
(105.9M)
(104.7M)
(91.8M)
(77.7M)
(62.6M)
(56.9M)
(50.4M)
(26.8M)
(36.2M)
(40.5M)
(49.4M)
497M
536.3M
536.3M
601.2M
418.9M
269.6M
246M
242.9M
208.2M
182.8M
172.9M
151.4M
127.7M
103.3M
90.5M
80.8M
43.3M
60.4M
65.6M
82.4M

SEC Filings

WSO - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 08, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 29, 2026
April 23, 2026
2026
8-K

8-K 2026

N/A

April 28, 2026
April 28, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 24, 2026
June 01, 2026
2026
10-K

10-K 2025 FY

FY

February 27, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 17, 2026
February 17, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 07, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 29, 2025
October 29, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 08, 2025
June 30, 2025
2025
8-K

8-K 2025

N/A

July 30, 2025
July 30, 2025
2025
Showing 1 to 10 of 346 filings