Watsco Research and Development Expenses 2010-2023 | WSO

Watsco annual/quarterly research and development expenses history and growth rate from 2010 to 2023. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Watsco research and development expenses for the quarter ending December 31, 2023 were $M, a NAN% increase year-over-year.
  • Watsco research and development expenses for the twelve months ending December 31, 2023 were $0M, a NAN% increase year-over-year.
  • Watsco annual research and development expenses for 2023 were $0B, a NAN% decline from 2022.
  • Watsco annual research and development expenses for 2022 were $0B, a NAN% decline from 2021.
  • Watsco annual research and development expenses for 2021 were $0B, a NAN% decline from 2020.
Watsco Annual Research and Development Expenses
(Millions of US $)
2023 $
2022 $
2021 $
2020 $
2019 $
2018 $
2017 $
2016 $
2015 $
2014 $
2013 $
2012 $
2011 $
2010 $
2009 $
Watsco Quarterly Research and Development Expenses
(Millions of US $)
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30
2020-06-30
2020-03-31
2019-12-31
2019-09-30
2019-06-30
2019-03-31
2018-12-31
2018-09-30
2018-06-30
2018-03-31
2017-12-31
2017-09-30
2017-06-30
2017-03-31
2016-12-31
2016-09-30
2016-06-30
2016-03-31
2015-12-31
2015-09-30
2015-06-30
2015-03-31
2014-12-31
2014-09-30
2014-06-30
2014-03-31
2013-12-31
2013-09-30
2013-06-30
2013-03-31
2012-12-31
2012-09-30
2012-06-30
2012-03-31
2011-12-31
2011-09-30
2011-06-30
2011-03-31
2010-12-31
2010-09-30
2010-06-30
2010-03-31
2009-12-31
2009-09-30
2009-06-30
2009-03-31
Sector Industry Market Cap Revenue
Construction Building Products - Air Conditioning & Heating $19.065B $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 $17.931B 27.03
Watsco (WSO.B) United States $17.582B 34.24
Comfort Systems USA (FIX) United States $12.130B 34.26
AZEK (AZEK) United States $7.132B 54.26
AAON (AAON) United States $6.233B 34.36