WSONYSEWholesale-Hardware & Plumbing & Heating Equipment & SuppliesFiscal year ends December 31Also trades as WSO.B

WATSCO INC

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026

$294.00−1.91 (-0.65%)

Close on Oct 19, 2026

Market cap: $11.23B
P/E (TTM): 25.3
Dividend yield: 3.98%

WATSCO INC income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31
Revenue	7,239	7,618	7,284	7,274	6,280	5,055	4,770	4,547	4,342	4,221	4,113	3,945	3,743	3,432	2,978	2,845	2,002	1,700
Cost of Revenue	5,209	5,574	5,292	5,244	4,613	3,832	3,613	3,426	3,276	3,186	3,106	2,988	2,844	2,617	2,249	2,171	1,521	1,258
Gross Profit	2,030	2,045	1,992	2,030	1,668	1,223	1,157	1,120	1,066	1,035	1,007	956	899	814	728	673	481	442
Selling, General & Admin	1,338	1,293	1,224	1,221	1,058	833	800	757	716	689	671	651	628	589	529	508	400	343
Advertising Expenses	–	–	–	–	–	–	–	–	25	22	21	20	22	24	25	27	12	–
Operating Income	720	782	795	832	629	401	367	372	354	346	337	306	271	225	199	166	81	99
Interest Expense	–	–	–	–	–	–	–	–	–	–	5.55	5.21	5.83	4.67	4.46	3.49	2.73	–
Income from Equity Investments	28	31	26	23	19	11	10	9.28	3.89	–	–	–	–	–	–	–	–	–
Asset Impairment Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–
Gain (Loss) on Sale of Assets	-0.41	-0.54	0.14	1.62	-0.35	-0.02	0.59	-0.03	-0.12	0.19	0.49	1.29	0.16	-0.10	-0.17	0.43	0.05	0.17
Pretax Income	738	803	790	829	628	400	363	369	348	342	331	301	265	220	195	162	78	97
Income Tax Expense	150	167	156	126	129	77	67	73	90	106	105	92	78	63	57	50	27	36
Net Income incl. Noncontrolling Interests	588	636	634	704	499	323	296	297	257	236	227	209	188	158	138	112	52	60
Minority Interest in Earnings	91	99	98	103	80	54	50	54	49	53	54	57	60	54	47	31	8.26	–
Net Income	497	536	536	601	419	270	246	243	208	183	173	151	128	103	90	81	43	60
Net Income to Common	464	499	499	–	382	246	226	223	191	168	159	140	119	86	84	76	40	–
EPS (Basic)(per share)	12.27	13.34	13.72	15.46	10.83	7.03	6.51	6.50	5.81	5.16	4.91	4.33	3.69	2.70	2.75	2.49	1.42	2.14
EPS (Diluted)(per share)	12.25	13.30	13.67	15.41	10.78	7.01	6.50	6.49	5.81	5.15	4.90	4.32	3.68	2.70	2.74	2.49	1.40	2.09
Shares Outstanding (Basic, Weighted)(shares)	38	37	36	–	35	35	35	34	33	33	32	32	32	32	31	30	28	–
Shares Outstanding (Diluted, Weighted)(shares)	38	38	37	–	35	35	35	34	33	33	32	32	32	32	31	31	29	–
Dividend per Share(per share)	11.70	10.55	9.80	8.55	7.63	6.93	6.40	5.60	4.60	3.60	2.80	2.00	1.15	7.48	2.23	2.04	1.89	1.75
EBITDA	764	823	830	863	657	427	391	394	376	366	356	324	289	241	211	176	90	106
Net Interest Income	17	21	-4.92	-2.17	-1.00	-1.24	-4.03	-2.74	-6.36	-3.71	-5.55	-5.21	–	–	–	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 27.5%
Operating margin: 9.4%
Net margin: 6.5%
Return on equity, FY2025: 18.3%

Financial strength

Current ratio: 3.20
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 33.7%

Valuation

P/E ratio: 25.3
Price to sales: 1.54
Price to book: 3.75
Dividend yield: 3.98%