Watsco Gross Profit 2010-2024 | WSO

Watsco annual/quarterly gross profit history and growth rate from 2010 to 2024. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
  • Watsco gross profit for the quarter ending March 31, 2024 was $0.431B, a 3.91% decline year-over-year.
  • Watsco gross profit for the twelve months ending March 31, 2024 was $1.975B, a 2.64% decline year-over-year.
  • Watsco annual gross profit for 2023 was $1.992B, a 1.88% decline from 2022.
  • Watsco annual gross profit for 2022 was $2.03B, a 21.75% increase from 2021.
  • Watsco annual gross profit for 2021 was $1.668B, a 36.37% increase from 2020.
Watsco Annual Gross Profit
(Millions of US $)
2023 $1,992
2022 $2,030
2021 $1,668
2020 $1,223
2019 $1,157
2018 $1,120
2017 $1,066
2016 $1,035
2015 $1,007
2014 $956
2013 $899
2012 $814
2011 $728
2010 $673
2009 $481
Watsco Quarterly Gross Profit
(Millions of US $)
2024-03-31 $431
2023-12-31 $414
2023-09-30 $567
2023-06-30 $563
2023-03-31 $448
2022-12-31 $434
2022-09-30 $551
2022-06-30 $596
2022-03-31 $450
2021-12-31 $412
2021-09-30 $483
2021-06-30 $478
2021-03-31 $295
2020-12-31 $282
2020-09-30 $374
2020-06-30 $319
2020-03-31 $248
2019-12-31 $261
2019-09-30 $335
2019-06-30 $328
2019-03-31 $234
2018-12-31 $250
2018-09-30 $319
2018-06-30 $321
2018-03-31 $231
2017-12-31 $241
2017-09-30 $296
2017-06-30 $310
2017-03-31 $219
2016-12-31 $228
2016-09-30 $302
2016-06-30 $292
2016-03-31 $212
2015-12-31 $222
2015-09-30 $286
2015-06-30 $295
2015-03-31 $204
2014-12-31 $214
2014-09-30 $275
2014-06-30 $279
2014-03-31 $188
2013-12-31 $199
2013-09-30 $259
2013-06-30 $267
2013-03-31 $175
2012-12-31 $183
2012-09-30 $243
2012-06-30 $238
2012-03-31 $151
2011-12-31 $161
2011-09-30 $219
2011-06-30 $213
2011-03-31 $135
2010-12-31 $154
2010-09-30 $196
2010-06-30 $201
2010-03-31 $123
2009-12-31 $134
2009-09-30 $172
2009-06-30 $101
2009-03-31 $74
Sector Industry Market Cap Revenue
Construction Building Products - Air Conditioning & Heating $16.335B $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 $16.980B 26.51
Watsco (WSO.B) United States $16.670B 30.90
Comfort Systems USA (FIX) United States $11.008B 35.33
AAON (AAON) United States $7.271B 40.38
AZEK (AZEK) United States $6.847B 52.09