Watsco Revenue 2010-2023 | WSO
Watsco annual/quarterly revenue history and growth rate from 2010 to 2023. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.
- Watsco revenue for the quarter ending December 31, 2023 was $1.603B, a 1.39% increase year-over-year.
- Watsco revenue for the twelve months ending December 31, 2023 was $7.284B, a 0.13% increase year-over-year.
- Watsco annual revenue for 2023 was $7.284B, a 0.13% increase from 2022.
- Watsco annual revenue for 2022 was $7.274B, a 15.83% increase from 2021.
- Watsco annual revenue for 2021 was $6.28B, a 24.24% increase from 2020.
Watsco Annual Revenue
(Millions of US $) |
| 2023 |
$7,284 |
| 2022 |
$7,274 |
| 2021 |
$6,280 |
| 2020 |
$5,055 |
| 2019 |
$4,770 |
| 2018 |
$4,547 |
| 2017 |
$4,342 |
| 2016 |
$4,221 |
| 2015 |
$4,113 |
| 2014 |
$3,945 |
| 2013 |
$3,743 |
| 2012 |
$3,432 |
| 2011 |
$2,978 |
| 2010 |
$2,845 |
| 2009 |
$2,002 |
Watsco Quarterly Revenue
(Millions of US $) |
| 2023-12-31 |
$1,603 |
| 2023-09-30 |
$2,127 |
| 2023-06-30 |
$2,003 |
| 2023-03-31 |
$1,551 |
| 2022-12-31 |
$1,581 |
| 2022-09-30 |
$2,036 |
| 2022-06-30 |
$2,134 |
| 2022-03-31 |
$1,524 |
| 2021-12-31 |
$1,512 |
| 2021-09-30 |
$1,783 |
| 2021-06-30 |
$1,850 |
| 2021-03-31 |
$1,136 |
| 2020-12-31 |
$1,155 |
| 2020-09-30 |
$1,537 |
| 2020-06-30 |
$1,355 |
| 2020-03-31 |
$1,008 |
| 2019-12-31 |
$1,072 |
| 2019-09-30 |
$1,395 |
| 2019-06-30 |
$1,372 |
| 2019-03-31 |
$931 |
| 2018-12-31 |
$991 |
| 2018-09-30 |
$1,296 |
| 2018-06-30 |
$1,333 |
| 2018-03-31 |
$927 |
| 2017-12-31 |
$964 |
| 2017-09-30 |
$1,230 |
| 2017-06-30 |
$1,276 |
| 2017-03-31 |
$872 |
| 2016-12-31 |
$914 |
| 2016-09-30 |
$1,241 |
| 2016-06-30 |
$1,214 |
| 2016-03-31 |
$851 |
| 2015-12-31 |
$904 |
| 2015-09-30 |
$1,177 |
| 2015-06-30 |
$1,223 |
| 2015-03-31 |
$809 |
| 2014-12-31 |
$877 |
| 2014-09-30 |
$1,135 |
| 2014-06-30 |
$1,170 |
| 2014-03-31 |
$763 |
| 2013-12-31 |
$827 |
| 2013-09-30 |
$1,082 |
| 2013-06-30 |
$1,120 |
| 2013-03-31 |
$714 |
| 2012-12-31 |
$766 |
| 2012-09-30 |
$1,021 |
| 2012-06-30 |
$1,012 |
| 2012-03-31 |
$634 |
| 2011-12-31 |
$646 |
| 2011-09-30 |
$914 |
| 2011-06-30 |
$884 |
| 2011-03-31 |
$534 |
| 2010-12-31 |
$657 |
| 2010-09-30 |
$813 |
| 2010-06-30 |
$865 |
| 2010-03-31 |
$510 |
| 2009-12-31 |
$564 |
| 2009-09-30 |
$742 |
| 2009-06-30 |
$405 |
| 2009-03-31 |
$291 |
| Sector |
Industry |
Market Cap |
Revenue |
| Construction |
Building Products - Air Conditioning & Heating |
$16.335B |
$7.284B |
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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.
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