Revenue
$2.10B
Fiscal year ended 2026-06-30Operating income
$238.37M
Fiscal year ended 2026-06-30Free cash flow
-$11.52M
Fiscal year ended 2026-06-30WATSCO INC (WSO) reported revenue of $2.10B and net income of $163.34M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from WATSCO INC’s SEC filings, each linked to the filing it came from.
Income
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.10B | $1.53B | $1.58B | $2.07B | $2.06B | $1.53B | $1.75B | $2.16B | $2.14B | $1.56B |
| Cost of revenue | $1.53B | $1.11B | $1.15B | $1.50B | $1.46B | $1.10B | $1.29B | $1.59B | $1.56B | $1.13B |
| Gross profit | $578.93M | $427.56M | $428.44M | $568.92M | $603.49M | $429.62M | $468.08M | $566.24M | $579.76M | $430.62M |
| Operating income | $238.37M | $110.18M | $101.53M | $234.76M | $271.87M | $112.19M | $136.19M | $250.25M | $268.80M | $126.54M |
| Net income | $163.34M | $79.07M | $71.74M | $161.58M | $183.61M | $80.06M | $96.84M | $171.03M | $181.41M | $87.00M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 38.19M | shares 37.96M | Unavailable | shares 37.92M | shares 37.90M | shares 37.85M | Unavailable | shares 37.67M | Unavailable | Unavailable |
| Pretax income | $241.87M | $116.64M | $107.38M | $238.50M | $274.20M | $117.60M | $142.90M | $257.02M | $273.72M | $129.01M |
| Income tax expense | $50.57M | $23.70M | $20.33M | $49.26M | $57.43M | $23.06M | $27.72M | $55.37M | $59.06M | $24.74M |
| Diluted EPS | $4.00 | $1.87 | Unavailable | $3.98 | $4.52 | $1.93 | Unavailable | $4.22 | $4.49 | $2.17 |
| Selling, general & administrative | $348.99M | $322.85M | $332.64M | $343.66M | $339.00M | $322.58M | $338.49M | $326.37M | $319.03M | $309.55M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $364.19M | $392.68M | $433.28M | $324.35M | $292.98M | $431.82M | $526.27M | $294.35M | $224.85M | $278.86M |
| Total assets | $5.08B | $4.65B | $4.41B | $4.55B | $4.73B | $4.45B | $4.48B | $4.52B | $4.40B | $4.36B |
| Current assets | $3.45B | $3.18B | $2.95B | $3.12B | $3.30B | $3.04B | $3.08B | $3.13B | $3.03B | $3.00B |
| Total liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current liabilities | $1.08B | $951.87M | $717.74M | $812.14M | $1.07B | $925.14M | $983.90M | $933.15M | $945.17M | $1.03B |
| Total equity incl. NCI | $3.47B | $3.21B | $3.22B | $3.30B | $3.22B | $3.09B | $3.06B | $3.16B | $3.04B | $2.93B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $1.89B | $1.72B | $1.39B | $1.60B | $1.95B | $1.78B | $1.39B | $1.60B | $1.57B | $1.66B |
| Accounts receivable | $1.06B | $839.24M | $796.18M | $941.88M | $1.02B | $794.31M | $877.94M | $944.50M | $1.00B | $832.12M |
| Goodwill | $559.69M | $461.36M | $462.51M | $465.06M | $466.17M | $454.87M | $451.86M | $458.83M | $458.35M | $459.44M |
| Long-term debt | Unavailable | $368.51M | $361.64M | $340.81M | $338.67M | $346.37M | $337.19M | $320.99M | $307.12M | $306.31M |
| Accounts payable | $660.30M | $587.42M | $350.42M | $411.41M | $678.11M | $545.57M | $490.88M | $549.44M | $564.08M | $687.64M |
Cash flow
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$2.54M | -$18.90M | $399.77M | $354.94M | -$7.45M | -$177.64M | $378.90M | $232.76M | $57.74M | $103.71M |
| Capital expenditures | $8.99M | $6.96M | $11.29M | $8.88M | $6.84M | $7.54M | $8.03M | $9.80M | $6.42M | $5.84M |
| Investing cash flow | $98.63M | $93.14M | -$111.60M | -$208.77M | -$22.30M | $244.56M | -$7.95M | -$65.40M | -$6.35M | -$210.96M |
| Financing cash flow | -$123.39M | -$113.97M | -$180.31M | -$113.57M | -$112.55M | -$161.68M | -$133.47M | -$98.87M | -$104.59M | $178.40M |
| Net change in cash | -$28.49M | -$40.60M | $108.94M | $31.37M | -$138.84M | -$94.45M | $231.92M | $69.50M | -$54.01M | $68.75M |
| Stock-based compensation | $8.63M | $8.08M | $8.66M | $9.07M | $8.81M | $8.80M | $9.96M | $8.55M | $8.39M | $8.13M |
| Common dividends paid | $134.14M | $121.78M | $121.68M | $121.59M | $121.46M | $109.04M | $109.04M | $108.92M | $108.80M | $96.76M |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $10.92M | $11.02M | $11.07M | $10.99M | $10.91M | $10.78M | $10.49M | $10.44M | $10.01M | $9.88M |
Derived
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | -$11.52M | -$25.87M | $388.47M | $346.06M | -$14.28M | -$185.18M | $370.86M | $222.97M | $51.32M | $97.86M |
| Gross margin | 27.5% | 27.9% | 27.1% | 27.5% | 29.3% | 28.1% | 26.7% | 26.2% | 27.1% | 27.5% |
| Operating margin | 11.3% | 7.2% | 6.4% | 11.4% | 13.2% | 7.3% | 7.8% | 11.6% | 12.6% | 8.1% |
| FCF margin | -0.5% | -1.7% | 24.6% | 16.7% | -0.7% | -12.1% | 21.1% | 10.3% | 2.4% | 6.3% |
| SBC / revenue | 0.4% | 0.5% | 0.5% | 0.4% | 0.4% | 0.6% | 0.6% | 0.4% | 0.4% | 0.5% |
| Current ratio | 3.20x | 3.34x | 4.12x | 3.84x | 3.08x | 3.28x | 3.13x | 3.36x | 3.21x | 2.92x |
| Revenue YoY growth | 2.1% | 0.1% | -10.0% | -4.3% | -3.6% | -2.2% | 9.4% | 1.6% | 6.8% | 0.9% |
| Net margin | 7.8% | 5.2% | 4.5% | 7.8% | 8.9% | 5.2% | 5.5% | 7.9% | 8.5% | 5.6% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 0.4% | 0.5% | 0.7% | 0.4% | 0.3% | 0.5% | 0.5% | 0.5% | 0.3% | 0.4% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | 0.10x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 20.9% | 20.3% | 18.9% | 20.7% | 20.9% | 19.6% | 19.4% | 21.5% | 21.6% | 19.2% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open WSO in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-07View SEC filing
10-Q · Filed 2026-05-08View SEC filing
10-K · Filed 2026-02-27View SEC filing
10-Q · Filed 2025-11-07View SEC filing
10-Q · Filed 2025-08-08View SEC filing
10-Q · Filed 2025-05-09View SEC filing
Companies in the same industry
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.