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Watsco Inc (WSO)

Watsco Inc (WSO)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
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.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 7,239,290 7,618,320 7,283,770 7,274,340 6,280,190
Sales Growth -4.98% +4.59% +0.13% +15.83% +24.24%
Net Income 496,990 536,290 536,340 601,170 418,950
Net Income Growth -7.33% -0.01% -10.78% +43.49% +55.41%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 4,414,810 4,479,520 3,729,180 3,488,210 3,085,860
Total Assets Growth -1.44% +20.12% +6.91% +13.04% +24.21%
Total Liabilities 1,192,740 1,415,290 1,112,990 1,239,940 1,088,450
Total Liabilities Growth -15.72% +27.16% -10.24% +13.92% +54.48%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow 569,610 773,100 561,950 571,960 349,570
Operating Cash Flow Growth -26.32% +37.57% -1.75% +63.62% -34.58%
Net Cash Flow -92,990 316,160 62,610 29,240 -27,800
Change in Net Cash Flow -129.41% +404.97% +114.12% +205.18% -138.82%
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