← WATSCO INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $4.2b |
$4.3b
+2.87%
|
$4.5b
+4.71%
|
$4.8b
+4.92%
|
$5.1b
+5.97%
|
$6.3b
+24.24%
|
$7.3b
+15.83%
|
$7.3b
+0.13%
|
$7.6b
+4.59%
|
$7.2b
-4.98%
|
$7.3b
+0.61%
|
|
| Cost of Revenue | $3.2b |
$3.3b
+2.83%
|
$3.4b
+4.58%
|
$3.6b
+5.46%
|
$3.8b
+6.05%
|
$4.6b
+20.37%
|
$5.2b
+13.69%
|
$5.3b
+0.91%
|
$5.6b
+5.33%
|
$5.2b
-6.54%
|
$5.3b
+1.36%
|
|
| Gross Profit | $1.0b |
$1.1b
+3.00%
|
$1.1b
+5.12%
|
$1.2b
+3.28%
|
$1.2b
+5.69%
|
$1.7b
+36.37%
|
$2.0b
+21.75%
|
$2.0b
-1.88%
|
$2.0b
+2.64%
|
$2.0b
-0.70%
|
$2.0b
-1.31%
|
|
| Interest Income (Expense), Net | ($3.7m) |
($6.4m)
-71.37%
|
($2.7m)
+56.94%
|
($4.0m)
-47.15%
|
($1.2m)
+69.27%
|
($996k)
+19.61%
|
($2.2m)
-117.37%
|
($4.9m)
-127.25%
|
$20.9m
+524.17%
|
$17.3m
-16.96%
|
$17.3m
0.00%
|
|
| Selling, General and Administrative Expense | $689.0m | $715.7m | $757.5m | $800.3m | $833.1m | $1.1b | $1.2b | $1.2b | $1.3b | $1.3b | $1.3b | |
| Amortization of Intangible Assets | $5.2m | $5.3m | $5.3m | $5.7m | $5.9m | $5.6m | $4.7m | $4.3m | $5.4m | $5.3m | — | |
| Operating Income (Loss) | $345.6m |
$353.9m
+2.38%
|
$372.1m
+5.15%
|
$366.9m
-1.40%
|
$401.0m
+9.31%
|
$628.5m
+56.73%
|
$831.6m
+32.31%
|
$794.8m
-4.42%
|
$781.8m
-1.64%
|
$720.3m
-7.86%
|
$657.1m
-8.78%
|
|
| Income (Loss) from Equity Method Investments | — | $3.9m | $9.3m | $10.3m | $11.3m | $19.3m | $22.7m | $26.2m | $30.5m | $27.8m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | $725.6m | $682.1m | $704.4m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $341.9m | $347.5m | $369.3m | $362.9m | $399.8m | $627.5m | $829.4m | $789.9m | $802.6m | $737.7m | $704.4m | |
| Current Income Tax Expense (Benefit) | $103.2m | $101.0m | $64.5m | $65.8m | $76.6m | $122.9m | $112.3m | $162.9m | $166.7m | $131.7m | $143.9m | |
| Income Tax Expense (Benefit) | $105.9m | $90.2m | $72.8m | $67.1m | $76.6m | $128.8m | $125.7m | $155.8m | $166.9m | $150.1m | $143.9m | |
| Net Income (Loss) Attributable to Parent | $182.8m |
$208.2m
+13.90%
|
$242.9m
+16.67%
|
$245.9m
+1.24%
|
$269.6m
+9.61%
|
$418.9m
+55.41%
|
$601.2m
+43.50%
|
$536.3m
-10.78%
|
$536.3m
-0.01%
|
$497.0m
-7.33%
|
$443.5m
-10.77%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $168.0m |
$190.8m
+13.56%
|
$223.1m
+16.96%
|
$225.5m
+1.07%
|
$246.4m
+9.27%
|
$381.7m
+54.87%
|
$601.2m
+57.51%
|
$536.3m
-10.78%
|
$536.3m
-0.01%
|
$464.2m
-13.44%
|
$443.5m
-4.46%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $53.2m | $49.1m | $53.6m | $49.8m | $53.6m | $79.8m | $102.5m | $97.8m | $99.5m | $90.6m | $443.5m | |
| Earnings Per Share, Basic | $5.16 | $5.81 | $6.50 | $6.51 | $7.03 | $10.83 | $15.46 | $13.72 | $13.34 | $12.27 | $11.68 | |
| Earnings Per Share, Diluted | $5.15 | $5.81 | $6.49 | $6.50 | $7.01 | $10.78 | $15.41 | $13.67 | $13.30 | $12.25 | $11.67 | |
| Common Stock, Dividends, Per Share, Declared | $3.60 | $4.60 | $5.60 | $6.40 | $6.92 | $7.62 | $8.55 | $9.80 | $10.55 | $11.70 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 32.6m | 32.8m | 34.3m | 34.6m | 35.1m | 35.2m | — | — | — | 37.8m | 38.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 32.6m | 32.9m | 34.4m | 34.7m | 35.2m | 35.4m | — | — | — | 37.9m | 38.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.