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Watsco, Inc. distributes air conditioning, heating, refrigeration equipment, and related parts and supplies. The company operates from 671 locations in the United States, Canada, Mexico, and Puerto Rico, as well as exports its products to Latin America and the Caribbean.
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $5.1B | $6.3B | $7.3B | $7.3B | $7.6B | $7.2B |
| Gross profit | $1.2B | $1.7B | $2.0B | $2.0B | $2.0B | $2.0B |
| Operating income | $401.0M | $628.5M | $831.6M | $794.8M | $781.8M | $720.3M |
| Net income | $269.6M | $498.7M | $703.7M | $634.1M | $635.7M | $587.6M |
| Diluted EPS | $7.01 | $10.78 | $15.41 | $13.67 | $13.30 | $12.25 |
| Operating cash flow | $534.4M | $349.6M | $572.0M | $562.0M | $773.1M | $569.6M |
| Free cash flow | $517.9M | $324.1M | $536.3M | $526.5M | $743.0M | $535.1M |
| Gross margin | 24.2% | 26.6% | 27.9% | 27.4% | 26.8% | 28.0% |
| Operating margin | 7.9% | 10.0% | 11.4% | 10.9% | 10.3% | 10.0% |
| Net margin | 5.3% | 7.9% | 9.7% | 8.7% | 8.3% | 8.1% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.1B | $2.2B | $1.8B | $1.5B | $2.1B | $2.1B | $1.6B | $1.5B |
| Gross profit | $579.8M | $566.2M | $468.1M | $429.6M | $603.5M | $568.9M | $428.4M | $427.6M |
| Operating income | $268.8M | $250.2M | $136.2M | $112.2M | $271.9M | $234.8M | $101.5M | $110.2M |
| Net income | $181.4M | $171.0M | $196.3M | $80.1M | $183.6M | $161.6M | $162.3M | $79.1M |
| Diluted EPS | $4.49 | $4.22 | $2.42 | $1.93 | $4.52 | $3.98 | $1.82 | $1.87 |
| Operating cash flow | $57.7M | $232.8M | $378.9M | -$177.6M | -$7.4M | $354.9M | $399.8M | -$18.9M |
| Free cash flow | $51.3M | $223.0M | $370.9M | -$185.2M | -$14.3M | $346.1M | $388.5M | -$25.9M |
| Gross margin | 27.1% | 26.2% | 26.7% | 28.1% | 29.3% | 27.5% | 27.1% | 27.9% |
| Operating margin | 12.6% | 11.6% | 7.8% | 7.3% | 13.2% | 11.4% | 6.4% | 7.2% |
| Net margin | 8.5% | 7.9% | 11.2% | 5.2% | 8.9% | 7.8% | 10.3% | 5.2% |
Consensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
No insider transactions in the last 12 months.
No insider transactions on file.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.