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Watsco Inc (WSO)

Watsco Inc (WSO)
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Watsco is the largest distributor of Heating, ventilation and air conditioning equipment, as well as related parts and supplies. It distributes residential and commercial air conditioners; parts such as replacement compressors, evaporator coils and motors; as well as supplies such as thermostats, insulation materials, refrigerants, grills, registers, sheet metal, tools, concrete pads, tape, and adhesives. Its air conditioning and heating equipment is sold to the residential replacement market, the commercial market and residential new construction market. The company sources supply from main industry players including Rheem, Carrier, Nordyne, Goodman, Trane, and Lennox. Revenues as disaggregated by the company per major product lines within single reporting segment are as follows: HVAC equipment, Other HVAC products and Commercial refrigeration products. Watsco acquired Acme Refrigeration a major distributor of air conditioning, heating and refrigeration products.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Sales 2,067,010 2,062,440 1,531,090 1,753,960 2,160,040
Sales Growth +0.22% +34.70% -12.71% -18.80% +0.97%
Net Income 161,580 183,610 80,060 96,840 171,030
Net Income Growth -12.00% +129.34% -17.33% -43.38% -5.72%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Total Assets 4,554,700 4,729,510 4,454,350 4,479,520 4,517,480
Total Assets Growth -3.70% +6.18% -0.56% -0.84% +2.78%
Total Liabilities 1,253,070 1,507,690 1,366,490 1,415,290 1,355,610
Total Liabilities Growth -16.89% +10.33% -3.45% +4.40% +0.33%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Operating Cash Flow 169,850 -185,090 -177,640 773,100 394,210
Operating Cash Flow Growth +191.77% -4.19% -122.98% +96.11% +144.18%
Net Cash Flow -201,920 -233,290 -94,450 316,160 84,240
Change in Net Cash Flow +13.45% -147.00% -129.87% +275.31% +471.51%
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