Watsco Operating Income 2010-2023 | WSO

Watsco annual/quarterly operating income history and growth rate from 2010 to 2023. Operating income can be defined as income after operating expenses have been deducted and before interest payments and taxes have been deducted.
  • Watsco operating income for the quarter ending December 31, 2023 was $0.108B, a 21.46% decline year-over-year.
  • Watsco operating income for the twelve months ending December 31, 2023 was $0.795B, a 4.42% decline year-over-year.
  • Watsco annual operating income for 2023 was $0.795B, a 4.42% decline from 2022.
  • Watsco annual operating income for 2022 was $0.832B, a 32.31% increase from 2021.
  • Watsco annual operating income for 2021 was $0.629B, a 56.73% increase from 2020.
Watsco Annual Operating Income
(Millions of US $)
2023 $795
2022 $832
2021 $629
2020 $401
2019 $367
2018 $372
2017 $354
2016 $346
2015 $337
2014 $306
2013 $271
2012 $225
2011 $199
2010 $166
2009 $81
Watsco Quarterly Operating Income
(Millions of US $)
2023-12-31 $108
2023-09-30 $257
2023-06-30 $266
2023-03-31 $165
2022-12-31 $137
2022-09-30 $236
2022-06-30 $287
2022-03-31 $171
2021-12-31 $123
2021-09-30 $207
2021-06-30 $217
2021-03-31 $82
2020-12-31 $70
2020-09-30 $157
2020-06-30 $129
2020-03-31 $45
2019-12-31 $52
2019-09-30 $125
2019-06-30 $134
2019-03-31 $55
2018-12-31 $59
2018-09-30 $122
2018-06-30 $137
2018-03-31 $54
2017-12-31 $61
2017-09-30 $114
2017-06-30 $129
2017-03-31 $49
2016-12-31 $58
2016-09-30 $119
2016-06-30 $118
2016-03-31 $51
2015-12-31 $54
2015-09-30 $111
2015-06-30 $125
2015-03-31 $47
2014-12-31 $52
2014-09-30 $105
2014-06-30 $113
2014-03-31 $36
2013-12-31 $40
2013-09-30 $95
2013-06-30 $105
2013-03-31 $31
2012-12-31 $33
2012-09-30 $86
2012-06-30 $86
2012-03-31 $20
2011-12-31 $33
2011-09-30 $74
2011-06-30 $76
2011-03-31 $17
2010-12-31 $22
2010-09-30 $64
2010-06-30 $71
2010-03-31 $9
2009-12-31 $15
2009-09-30 $41
2009-06-30 $26
2009-03-31 $-2
Sector Industry Market Cap Revenue
Construction Building Products - Air Conditioning & Heating $19.134B $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
Lennox (LII) United States $17.700B 26.68
Watsco (WSO.B) United States $17.582B 34.24
Comfort Systems USA (FIX) United States $11.943B 33.74
AZEK (AZEK) United States $6.744B 51.30
AAON (AAON) United States $6.199B 34.17