WSO · XBRL financial data

Watsco financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (WSO's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	5,055	6,280	7,274	7,284	7,618	7,239
Cost of goods and services sold	3,832	4,613	5,244	5,292	5,574	5,209
Gross profit	1,223	1,668	2,030	1,992	2,045	2,030
Selling, general and administrative	833	1,058	1,221	1,224	1,293	1,338
Operating income (loss)	401	629	832	795	782	720
Income tax expense (benefit)	77	129	126	156	167	150
Net income (loss)	270	419	601	536	536	497
Earnings per share, basic USD per share	7.03	10.83	15.46	13.72	13.34	12.27
Earnings per share, diluted USD per share	7.01	10.78	15.41	13.67	13.30	12.25
Weighted average shares, basic millions of shares	35	35	—	36	37	38
Weighted average shares, diluted millions of shares	35	35	—	37	38	38

Fiscal years (WSO's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	146	118	148	210	526	433
Short-term investments	—	—	—	0	256	300
Accounts receivable	535	698	747	798	878	796
Inventory	781	1,115	1,370	1,347	1,385	1,386
Total current assets	1,484	1,961	2,299	2,392	3,080	2,955
Property and equipment, net	98	111	125	136	141	136
Right-of-use asset	209	269	317	369	419	453
Goodwill	412	434	431	457	452	463
Total assets	2,484	3,086	3,488	3,729	4,480	4,415
Accounts payable	252	364	456	369	491	350
Accrued liabilities	164	278	303	242	383	250
Total current liabilities	487	727	907	712	984	718
Lease liability, non-current	—	187	232	277	322	351
Retained earnings	636	761	1,030	1,183	1,296	1,319
Total stockholders' equity	1,487	1,665	1,889	2,230	2,657	2,781
Total liabilities and equity	2,484	3,086	3,488	3,729	4,480	4,415

Fiscal years (WSO's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	270	419	601	536	536	497
Stock-based compensation	22	25	29	30	35	35
Depreciation and amortization	26	28	32	35	41	44
Net cash from operating activities	534	350	572	562	773	570
Purchases of property and equipment	16	25	36	35	30	35
Net cash from investing activities	(16)	(149)	(34)	(41)	(291)	(98)
Proceeds from issuing common stock	19	21	20	—	—	—
Dividends paid	266	295	332	383	424	474
Net cash from financing activities	(448)	(229)	(504)	(460)	(159)	(568)
Net change in cash	72	(28)	29	63	316	(93)

SIC 5070 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 5070 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Watsco	499	2,220	325*	not reported	Q3 FY26 10-QSep 30, 2026
Adi Global Distribution	131	1,286	not reported	75.9M	Q2 FY26 10-QJul 4, 2026
Ferguson Enterprises	437	8,751	(56)*	193.5M	Q2 FY26 10-QJun 30, 2026
Resideo Technologies	549	1,981	148*	151.8M	Q2 FY26 10-QJul 4, 2026

Not investment advice. Not affiliated with the U.S. SEC.

Data on this page was fetched Nov 7, 2026, 1:52 AM ET. The filing on SEC.gov is the record.