WATSCO INCWSO
Market cap
$11.7B
P/E ratio
| Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
| Revenues | 2,845 | 2,978 | 3,432 | 3,743 | 3,945 | 4,113 | 4,221 | 4,342 | 4,547 | 4,770 | 5,055 | 6,280 | 7,274 | 7,284 | 7,618 |
| Cost of sales | 2,171 | 2,249 | 2,617 | 2,844 | 2,988 | 3,106 | 3,186 | 3,276 | 3,426 | 3,613 | 3,832 | 4,613 | 5,244 | 5,292 | 5,574 |
| Gross profit | 673 | 728 | 814 | 899 | 956 | 1,007 | 1,035 | 1,066 | 1,120 | 1,157 | 1,223 | 1,668 | 2,030 | 1,992 | 2,045 |
| Selling, General and Administrative Expense | 508 | 529 | 589 | 628 | 651 | 671 | 689 | 716 | 757 | 800 | 833 | 1,058 | 1,221 | 1,224 | 1,293 |
| Other income | - | - | - | - | - | - | - | 4 | 9 | 10 | 11 | 19 | 23 | 26 | 31 |
| Operating income | 166 | 199 | 225 | 271 | 306 | 337 | 346 | 354 | 372 | 367 | 401 | 629 | 832 | 795 | 782 |
| Interest (income) expense, net | - | - | - | - | - | - | -4 | -6 | -3 | -4 | -1 | -1 | -2 | -5 | 21 |
| Income before income taxes | - | - | - | - | 301 | 331 | 342 | 348 | 369 | 363 | 400 | 628 | 829 | 790 | 803 |
| Income taxes | 50 | 57 | 63 | 78 | 92 | 105 | 106 | 90 | 73 | 67 | 77 | 129 | 126 | 156 | 167 |
| Net income | 112 | 138 | 158 | 188 | 209 | 227 | 236 | 257 | 297 | 296 | 323 | 499 | 704 | 634 | 636 |
| Less: net income attributable to non-controlling interest | 31 | 47 | 54 | 60 | 57 | 54 | 53 | 49 | 54 | 50 | 54 | 80 | 103 | 98 | 99 |
| Net income attributable to Watsco, Inc. | 112 | 138 | 158 | 188 | 209 | 227 | 236 | 257 | 297 | 296 | 323 | 499 | 704 | 634 | 636 |
| Basic | 2.49 | 2.75 | 2.7 | 3.69 | 4.33 | 4.91 | 5.16 | 5.81 | 6.5 | 6.51 | 7.03 | 10.83 | 15.46 | 13.72 | 13.34 |
| Diluted | 2.49 | 2.74 | 2.7 | 3.68 | 4.32 | 4.9 | 5.15 | 5.81 | 6.49 | 6.5 | 7.01 | 10.78 | 15.41 | 13.67 | 13.3 |