Income Statement - WATSCO INC (WSO)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 7,239.29 | 7,618.32 | 7,283.77 | 7,274.34 | 6,280.19 | 5,054.93 | 4,770.36 | 4,546.65 | 4,341.96 | 4,220.70 | 4,113.24 | 3,944.54 | 3,743.33 | 3,431.71 | 2,977.76 | 2,844.60 | 2,001.82 | 1,700.24 | 1,758.02 | 1,800.76 |
| Cost of revenue | 5,208.83 | 5,573.60 | 5,291.63 | 5,244.06 | 4,612.65 | 3,832.11 | 3,613.41 | 3,426.40 | 3,276.30 | 3,186.12 | 3,105.88 | 2,988.14 | 2,844.08 | 2,617.32 | 2,249.47 | 2,171.35 | 1,520.98 | 1,258.24 | 1,311.04 | 1,313.94 |
| Gross profit | 2,030.46 | 2,044.71 | 1,992.14 | 2,030.29 | 1,667.55 | 1,222.82 | 1,156.96 | 1,120.25 | 1,065.66 | 1,034.58 | 1,007.36 | 956.40 | 899.25 | 814.40 | 728.29 | 673.24 | 480.83 | 441.99 | 446.99 | 457.27 |
| Total operating expenses | 1,337.88 | 1,262.94 | 1,197.33 | 1,221.38 | 1,058.32 | 833.05 | 800.33 | 757.45 | 715.67 | 688.95 | 670.61 | 650.66 | 628.04 | 589.49 | 529.24 | 507.67 | 399.77 | 343.39 | 335.83 | 321.88 |
| Operating income | 692.58 | 781.78 | 794.81 | 831.58 | 628.53 | 401.03 | 366.88 | 372.08 | 353.87 | 345.63 | 336.75 | 305.75 | 271.21 | 224.91 | 199.05 | 165.57 | 81.06 | 98.61 | 111.15 | 135.39 |
| Non-operating income (net) | 45.09 | 20.87 | -4.92 | -2.17 | -1.00 | -1.24 | -4.03 | -2.74 | -6.36 | -3.71 | -5.55 | -5.21 | -5.83 | -4.67 | -4.46 | -3.49 | -2.73 | -2.02 | -3.17 | -3.61 |
| Income before tax | 737.68 | 802.64 | 789.89 | 829.41 | 627.53 | 399.80 | 362.85 | 369.34 | 347.51 | 341.92 | 331.20 | 300.54 | 265.38 | 220.24 | 194.59 | 162.08 | 78.33 | 96.59 | 107.98 | 131.78 |
| Income tax expense | 150.09 | 166.90 | 155.75 | 125.72 | 128.80 | 76.62 | 67.08 | 72.81 | 90.22 | 105.94 | 104.68 | 91.84 | 77.66 | 62.64 | 56.85 | 50.36 | 26.76 | 36.22 | 40.49 | 49.42 |
| Net income | 496.99 | 536.29 | 536.34 | 601.17 | 418.95 | 269.58 | 245.95 | 242.93 | 208.22 | 182.81 | 172.93 | 151.39 | 127.72 | 103.33 | 90.45 | 80.76 | 43.31 | 60.37 | 65.58 | 82.36 |
Show Quarterly Income Statement
Income Statement - WATSCO INC (WSO)
$(Billion, Million)| 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 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,533.01 | 1,578.76 | 2,067.01 | 2,062.44 | 1,531.09 | 1,753.96 | 2,160.04 | 2,139.33 | 1,564.99 | 1,603.20 | 2,126.85 | 2,003.08 | 1,550.64 | 1,581.22 | 2,035.80 | 2,133.76 | 1,523.57 | 1,511.87 | 1,782.57 | 1,849.64 | 1,136.12 | 1,154.72 | 1,536.67 | 1,355.39 | 1,008.16 | 1,072.32 | 1,394.92 | 1,371.85 | 931.28 | 991.33 | 1,296.01 | 1,332.74 | 926.58 | 964.35 | 1,229.59 | 1,275.92 | 872.10 | 913.61 | 1,241.23 | 1,214.44 | 851.42 | 903.82 | 1,177.01 | 1,223.44 | 808.97 | 876.79 | 1,135.00 | 1,170.19 | 762.57 | 827.35 | 1,081.89 | 1,120.45 | 713.63 | 765.54 | 1,020.86 | 1,011.80 | 633.51 | 645.83 | 914.04 | 883.55 | 534.34 | 657.25 | 812.79 | 864.81 | 509.76 | 563.61 | 741.90 | 404.97 | 291.34 | 334.79 | 475.23 | 509.82 | 380.40 | 397.64 | 518.60 | 471.11 | 376.84 | 387.57 | 506.86 | 512.03 | 394.31 |
| Cost of revenue | 1,105.46 | 1,150.32 | 1,472.17 | 1,458.95 | 1,101.46 | 1,285.88 | 1,593.79 | 1,559.57 | 1,134.37 | 1,188.78 | 1,559.90 | 1,440.46 | 1,102.48 | 1,147.67 | 1,484.95 | 1,538.22 | 1,073.21 | 1,099.75 | 1,299.91 | 1,371.70 | 841.30 | 872.47 | 1,162.91 | 1,036.19 | 760.54 | 811.79 | 1,060.22 | 1,043.87 | 697.52 | 741.68 | 977.00 | 1,011.98 | 695.74 | 723.42 | 933.70 | 965.65 | 653.54 | 685.54 | 939.03 | 922.57 | 638.98 | 681.78 | 891.17 | 928.19 | 604.75 | 662.49 | 860.23 | 890.91 | 574.50 | 628.82 | 823.30 | 853.77 | 538.19 | 582.75 | 778.35 | 773.33 | 482.89 | 485.12 | 694.63 | 670.36 | 399.35 | 503.22 | 617.25 | 663.74 | 387.15 | 430.00 | 569.89 | 303.99 | 217.11 | 248.53 | 348.55 | 378.76 | 282.40 | 296.49 | 387.66 | 351.52 | 275.37 | 290.45 | 367.63 | 373.78 | 294.23 |
| Gross profit | 427.56 | 428.44 | 594.84 | 603.49 | 429.62 | 468.08 | 566.24 | 579.76 | 430.63 | 414.42 | 566.95 | 562.62 | 448.16 | 433.55 | 550.85 | 595.53 | 450.36 | 412.12 | 482.66 | 477.94 | 294.82 | 282.24 | 373.76 | 319.20 | 247.62 | 260.52 | 334.69 | 327.98 | 233.76 | 249.64 | 319.01 | 320.77 | 230.83 | 240.93 | 295.90 | 310.28 | 218.56 | 228.07 | 302.20 | 291.86 | 212.45 | 222.04 | 285.85 | 295.25 | 204.23 | 214.30 | 274.77 | 279.27 | 188.07 | 198.53 | 258.60 | 266.68 | 175.45 | 182.79 | 242.51 | 238.48 | 150.62 | 160.71 | 219.41 | 213.19 | 134.99 | 154.03 | 195.54 | 201.07 | 122.60 | 133.60 | 172.01 | 100.99 | 74.23 | 86.26 | 126.67 | 131.06 | 98.00 | 101.15 | 130.93 | 119.59 | 95.31 | 97.12 | 131.68 | 131.01 | 100.08 |
| Total operating expenses | 317.37 | 332.65 | 360.08 | 331.62 | 317.44 | 331.90 | 316.00 | 310.96 | 304.09 | 306.67 | 310.33 | 296.92 | 283.42 | 296.37 | 314.60 | 308.44 | 279.31 | 289.05 | 275.87 | 261.16 | 212.94 | 212.48 | 216.98 | 189.95 | 202.37 | 208.49 | 209.37 | 193.58 | 178.63 | 191.14 | 196.71 | 183.42 | 176.90 | 179.56 | 181.43 | 180.93 | 169.86 | 170.00 | 182.90 | 174.27 | 161.78 | 167.84 | 175.17 | 170.39 | 157.22 | 162.32 | 169.53 | 166.29 | 152.52 | 158.42 | 163.14 | 161.60 | 144.89 | 149.36 | 156.81 | 152.60 | 130.71 | 128.21 | 145.10 | 137.66 | 118.28 | 132.23 | 131.55 | 130.15 | 113.74 | 118.73 | 130.56 | 74.69 | 75.80 | 80.51 | 88.97 | 88.73 | 85.18 | 89.35 | 89.10 | 80.08 | 77.30 | 77.89 | 84.47 | 83.96 | 78.24 |
| Operating income | 110.18 | 95.79 | 234.76 | 271.87 | 112.19 | 136.19 | 250.25 | 268.80 | 126.54 | 107.75 | 256.62 | 265.71 | 164.74 | 137.18 | 236.25 | 287.10 | 171.05 | 123.07 | 206.80 | 216.78 | 81.88 | 69.76 | 156.78 | 129.25 | 45.24 | 52.03 | 125.32 | 134.40 | 55.13 | 58.50 | 122.30 | 137.35 | 53.94 | 61.37 | 114.46 | 129.35 | 48.70 | 58.07 | 119.30 | 117.59 | 50.67 | 54.20 | 110.68 | 124.86 | 47.01 | 51.98 | 105.24 | 112.98 | 35.55 | 40.12 | 95.46 | 105.09 | 30.55 | 33.43 | 85.70 | 85.87 | 19.91 | 32.50 | 74.31 | 75.53 | 16.71 | 21.80 | 63.99 | 70.92 | 8.87 | 14.88 | 41.45 | 26.29 | -1.56 | 5.75 | 37.70 | 42.33 | 12.83 | 11.80 | 41.84 | 39.51 | 18.01 | 19.23 | 47.22 | 47.05 | 21.84 |
| Non-operating income (net) | 6.46 | 11.59 | 3.73 | 2.33 | 5.42 | 6.71 | 6.77 | 4.91 | 2.47 | 1.00 | -1.89 | -3.42 | -0.62 | -0.01 | -0.48 | -1.11 | -0.56 | -0.24 | -0.22 | -0.45 | -0.09 | -0.06 | -0.11 | -0.28 | -0.79 | -0.61 | -1.43 | -1.21 | -0.78 | -0.37 | -1.05 | -0.76 | -0.57 | -1.34 | -2.12 | -1.65 | -1.26 | -0.68 | -1.00 | -1.05 | -0.99 | -1.02 | -1.52 | -1.63 | -1.38 | -1.42 | -1.53 | -1.25 | -1.01 | -1.18 | -1.78 | -1.69 | -1.18 | -1.24 | -1.19 | -1.35 | -0.89 | -1.29 | -1.35 | -1.00 | -0.82 | -0.83 | -0.87 | -0.89 | -0.90 | -1.03 | -1.03 | -0.34 | -0.33 | -0.40 | -0.63 | -0.39 | -0.60 | -1.08 | -1.26 | -0.39 | -0.71 | -0.80 | -0.95 | -1.01 | -0.80 |
| Income before tax | 116.64 | 107.38 | 238.50 | 274.20 | 117.61 | 142.90 | 257.02 | 273.72 | 129.01 | 108.75 | 254.73 | 262.29 | 164.13 | 137.17 | 235.77 | 285.99 | 170.49 | 122.83 | 206.58 | 216.34 | 81.79 | 69.70 | 156.67 | 128.97 | 44.45 | 51.42 | 123.89 | 133.19 | 54.36 | 58.14 | 121.25 | 136.58 | 53.37 | 60.02 | 112.34 | 127.70 | 47.44 | 57.40 | 118.30 | 116.54 | 49.68 | 53.18 | 109.16 | 123.23 | 45.63 | 50.56 | 103.70 | 111.73 | 34.54 | 38.94 | 93.67 | 103.40 | 29.37 | 32.19 | 84.51 | 84.52 | 19.02 | 31.21 | 72.96 | 74.53 | 15.89 | 20.97 | 63.12 | 70.03 | 7.97 | 13.85 | 40.42 | 25.95 | -1.89 | 5.35 | 37.07 | 41.94 | 12.23 | 10.72 | 40.58 | 39.12 | 17.30 | 18.43 | 46.27 | 46.04 | 21.04 |
| Income tax expense | 23.70 | 20.33 | 49.27 | 57.43 | 23.07 | 27.72 | 55.37 | 59.07 | 24.75 | 11.01 | 54.10 | 56.89 | 33.75 | -19.97 | 49.60 | 60.48 | 35.60 | 27.20 | 41.73 | 44.20 | 15.67 | 13.23 | 30.47 | 24.72 | 8.21 | 7.02 | 24.23 | 25.28 | 10.55 | 9.14 | 24.36 | 28.32 | 11.00 | 7.37 | 32.33 | 36.85 | 13.68 | 17.53 | 37.79 | 35.11 | 15.51 | 16.84 | 34.52 | 38.99 | 14.33 | 15.78 | 32.57 | 33.35 | 10.14 | 11.01 | 27.56 | 30.82 | 8.28 | 8.51 | 24.98 | 23.62 | 5.53 | 8.68 | 21.14 | 22.26 | 4.77 | 6.44 | 19.61 | 21.82 | 2.49 | 4.53 | 13.28 | 9.67 | -0.72 | 2.01 | 13.74 | 15.89 | 4.59 | 4.02 | 15.22 | 14.67 | 6.49 | 6.91 | 17.22 | 17.30 | 8.00 |
| Net income | 79.07 | 71.75 | 161.58 | 183.61 | 80.06 | 96.84 | 171.03 | 181.41 | 87.00 | 82.55 | 170.95 | 172.76 | 110.07 | 137.67 | 157.64 | 192.56 | 113.30 | 78.89 | 140.87 | 144.10 | 55.09 | 46.01 | 106.49 | 86.58 | 30.50 | 37.28 | 83.48 | 90.16 | 35.04 | 39.59 | 79.16 | 89.96 | 34.22 | 43.26 | 65.03 | 73.76 | 26.18 | 29.55 | 63.10 | 64.62 | 25.54 | 26.49 | 57.97 | 65.42 | 23.05 | 24.07 | 54.46 | 56.10 | 16.75 | 17.32 | 45.70 | 51.32 | 13.39 | 14.76 | 41.01 | 39.10 | 8.47 | 13.38 | 33.55 | 36.02 | 7.50 | 10.45 | 31.44 | 35.05 | 3.83 | 7.07 | 21.13 | 16.28 | -1.17 | 3.34 | 23.33 | 26.05 | 7.64 | 6.67 | 25.25 | 22.85 | 11.14 | 11.52 | 29.05 | 28.75 | 13.05 |