Watsco, Inc.
Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, refrigeration equipment, and related parts and supplies. The company distributes equipment comprising residential ducted and ductless air conditioners, such as gas, elec…
Industrial - Distribution
US, Miami [HQ]
WSO-B/Financial Reporting
Income Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,001.00 | 2,844.00 | 2,977.00 | 3,431.00 | 3,743.00 | 3,944.00 | 4,113.00 | 4,220.00 | 4,341.00 | 4,546.00 | 4,770.00 | 5,054.00 | 6,280.00 | 7,274.00 | 7,283.00 | |
|
EPS
|
1.40 | 2.49 | 2.74 | 2.48 | 3.42 | 4.00 | 4.51 | 4.73 | 5.12 | 6.48 | 6.51 | 7.03 | 10.83 | 15.46 | 13.72 | |
| Diluted in mil. | 1.40 | 2.49 | 2.74 | 2.48 | 3.42 | 4.00 | 4.51 | 4.73 | 5.12 | 6.48 | 6.50 | 7.01 | 10.78 | 15.41 | 13.67 | |
|
Profit
|
480.00 | 673.00 | 728.00 | 814.00 | 899.00 | 956.00 | 1,007.00 | 1,034.00 | 1,065.00 | 1,120.00 | 1,156.00 | 1,222.00 | 1,667.00 | 2,030.00 | 1,957.00 | |
| Gross Margin | 24.02 | 23.67 | 24.46 | 23.73 | 24.02 | 24.25 | 24.49 | 24.51 | 24.54 | 24.64 | 24.25 | 24.19 | 26.55 | 27.91 | 26.87 | |
| Pre Tax | 78.00 | 162.00 | 194.00 | 220.00 | 265.00 | 300.00 | 331.00 | 341.00 | 347.00 | 369.00 | 362.00 | 399.00 | 627.00 | 829.00 | 789.00 | |
| Profit Margin | 3.91 | 5.70 | 6.53 | 6.42 | 7.09 | 7.62 | 8.05 | 8.10 | 8.00 | 8.12 | 7.61 | 7.91 | 9.99 | 11.40 | 10.84 | |
| ETR | 34.16 | 31.07 | 29.21 | 28.44 | 29.26 | 30.56 | 31.61 | 30.98 | 25.96 | 19.71 | 18.49 | 19.17 | 20.52 | 15.16 | 19.72 | |
| Net | 43.00 | 80.00 | 90.00 | 103.00 | 127.00 | 151.00 | 172.00 | 182.00 | 208.00 | 242.00 | 245.00 | 269.00 | 418.00 | 601.00 | 536.00 | |
| Profit Margin | 2.16 | 2.84 | 3.04 | 3.01 | 3.41 | 3.84 | 4.20 | 4.33 | 4.80 | 5.34 | 5.16 | 5.33 | 6.67 | 8.26 | 7.36 | |
| EBITDA | 81.00 | 165.00 | 199.00 | 224.00 | 271.00 | 305.00 | 336.00 | 345.00 | 353.00 | 372.00 | 366.00 | 401.00 | 628.00 | 831.00 | 806.00 | |
| EBITDA Margin | 4.05 | 5.82 | 6.68 | 6.55 | 7.25 | 7.75 | 8.19 | 8.19 | 8.15 | 8.18 | 7.69 | 7.93 | 10.01 | 11.43 | 11.07 | |
| Operating Income | 81.00 | 165.00 | 199.00 | 224.00 | 271.00 | 305.00 | 336.00 | 345.00 | 353.00 | 372.00 | 366.00 | 401.00 | 628.00 | 831.00 | 771.00 | |
| Operating Margin | 4.05 | 5.82 | 6.68 | 6.55 | 7.25 | 7.75 | 8.19 | 8.19 | 8.15 | 8.18 | 7.69 | 7.93 | 10.01 | 11.43 | 10.59 | |
| Interest Income | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Loss | -1,920.00 | -2,679.00 | -2,778.00 | -3,206.00 | -3,472.00 | -3,638.00 | -3,776.00 | -3,875.00 | -3,991.00 | -4,183.00 | -4,413.00 | -4,665.00 | -5,670.00 | -6,465.00 | -6,512.00 | |
| Cost of Revenue | -1,520.00 | -2,171.00 | -2,249.00 | -2,617.00 | -2,844.00 | -2,988.00 | -3,105.00 | -3,186.00 | -3,276.00 | -3,426.00 | -3,613.00 | -3,832.00 | -4,612.00 | -5,244.00 | -5,326.00 | |
|
Operating Expenses
|
-399.00 | -507.00 | -529.00 | -589.00 | -628.00 | -650.00 | -670.00 | -688.00 | -715.00 | -757.00 | -800.00 | -833.00 | -1,058.00 | -1,221.00 | -1,185.00 | |
| R&D | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| G&A | -399.00 | -507.00 | -529.00 | -589.00 | -628.00 | -650.00 | -670.00 | -688.00 | -715.00 | -757.00 | -745.00 | -778.00 | -987.00 | -1,134.00 | -1,103.00 | |
| SG&A | -399.00 | -507.00 | -529.00 | -589.00 | -628.00 | -650.00 | -670.00 | -688.00 | -715.00 | -757.00 | -800.00 | -833.00 | -1,058.00 | -1,221.00 | -1,185.00 | |
| S&M | - - | - - | - - | -37.00 | -39.00 | -43.00 | -41.00 | -42.00 | -47.00 | -51.00 | -54.00 | -55.00 | -70.00 | -86.00 | -82.00 | |
| Depreciation and Amortization | -8.00 | -10.00 | -11.00 | -15.00 | -17.00 | -17.00 | -19.00 | -20.00 | -22.00 | -22.00 | -24.00 | -25.00 | -28.00 | -31.00 | -35.00 | |
| Interest Expenses | -2.00 | -3.00 | -51.00 | -4.00 | -5.00 | -5.00 | -5.00 | -3.00 | -6.00 | -2.00 | -4.00 | -1.00 | - - | -2.00 | -4.00 | |
| Other Expenses | -2.00 | -3.00 | -4.00 | -4.00 | -5.00 | -5.00 | -5.00 | -3.00 | -3.00 | -9.00 | -4.00 | -1.00 | - - | -2.00 | -18.00 | |
|
WA Shares Outstanding
|
28.00 | 32.00 | 33.00 | 34.00 | 34.00 | 35.00 | 35.00 | 35.00 | 37.00 | 37.00 | 34.00 | 35.00 | 35.00 | 35.00 | 36.00 | |
| Diluted | 28.00 | 32.00 | 33.00 | 34.00 | 34.00 | 35.00 | 35.00 | 35.00 | 37.00 | 37.00 | 34.00 | 35.00 | 35.00 | 35.00 | 36.00 |