Watsco Net Income 2010-2023 | WSO

Watsco annual/quarterly net income history and growth rate from 2010 to 2023. Net income can be defined as company's net profit or loss after all revenues, income items, and expenses have been accounted for.
  • Watsco net income for the quarter ending December 31, 2023 was $0.046B, a 47.19% decline year-over-year.
  • Watsco net income for the twelve months ending December 31, 2023 was $0.499B, a 9.17% decline year-over-year.
  • Watsco annual net income for 2023 was $0.499B, a 9.17% decline from 2022.
  • Watsco annual net income for 2022 was $0.55B, a 44.05% increase from 2021.
  • Watsco annual net income for 2021 was $0.382B, a 54.87% increase from 2020.
Watsco Annual Net Income
(Millions of US $)
2023 $499
2022 $550
2021 $382
2020 $246
2019 $226
2018 $223
2017 $191
2016 $168
2015 $159
2014 $140
2013 $119
2012 $86
2011 $84
2010 $76
2009 $43
Watsco Quarterly Net Income
(Millions of US $)
2023-12-31 $46
2023-09-30 $171
2023-06-30 $173
2023-03-31 $110
2022-12-31 $86
2022-09-30 $158
2022-06-30 $193
2022-03-31 $113
2021-12-31 $73
2021-09-30 $128
2021-06-30 $131
2021-03-31 $49
2020-12-31 $45
2020-09-30 $97
2020-06-30 $79
2020-03-31 $25
2019-12-31 $36
2019-09-30 $77
2019-06-30 $83
2019-03-31 $30
2018-12-31 $37
2018-09-30 $73
2018-06-30 $83
2018-03-31 $30
2017-12-31 $41
2017-09-30 $60
2017-06-30 $68
2017-03-31 $23
2016-12-31 $27
2016-09-30 $58
2016-06-30 $59
2016-03-31 $23
2015-12-31 $25
2015-09-30 $53
2015-06-30 $60
2015-03-31 $21
2014-12-31 $22
2014-09-30 $50
2014-06-30 $52
2014-03-31 $16
2013-12-31 $16
2013-09-30 $42
2013-06-30 $48
2013-03-31 $12
2012-12-31 $4
2012-09-30 $38
2012-06-30 $36
2012-03-31 $7
2011-12-31 $13
2011-09-30 $31
2011-06-30 $34
2011-03-31 $6
2010-12-31 $8
2010-09-30 $30
2010-06-30 $35
2010-03-31 $4
2009-12-31 $7
2009-09-30 $21
2009-06-30 $16
2009-03-31 $-1
Sector Industry Market Cap Revenue
Construction Building Products - Air Conditioning & Heating $15.875B $7.284B
Watsco is the largest distributor of Heating, ventilation and air conditioning equipment, as well as related parts and supplies. It distributes residential and commercial air conditioners; parts such as replacement compressors, evaporator coils and motors; as well as supplies such as thermostats, insulation materials, refrigerants, grills, registers, sheet metal, tools, concrete pads, tape, and adhesives. Its air conditioning and heating equipment is sold to the residential replacement market, the commercial market and residential new construction market. The company sources supply from main industry players including Rheem, Carrier, Nordyne, Goodman, Trane, and Lennox. Revenues as disaggregated by the company per major product lines within single reporting segment are as follows: HVAC equipment, Other HVAC products and Commercial refrigeration products. Watsco acquired Acme Refrigeration a major distributor of air conditioning, heating and refrigeration products.
Stock Name Country Market Cap PE Ratio
Watsco (WSO.B) United States $16.670B 30.90
Lennox (LII) United States $16.338B 25.51
Comfort Systems USA (FIX) United States $10.428B 33.47
AAON (AAON) United States $6.998B 38.86
AZEK (AZEK) United States $6.689B 50.89