FY2025 · ended Dec 31, 2025 · Revenue $7.24B, -5.0% YoY · Filed Feb 27, 2026
Watsco Inc (WSO) files with the SEC under industry code 5070, Wholesale-Hardware & Plumbing & Heating Equipment & Supplies. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $7.2 billion and net income of $497.0 million. Free cash flow was $535.1 million. As of Jun 30, 2026 it held $464.2 million in cash and investments and $415.5 million in total debt.
Revenue (TTM)
$7.28B
-3.0% vs year-ago TTM
Net income (TTM)
$475.73M
-10.5% vs year-ago TTM
Operating cash flow (TTM)
$733.26M
+71.9% vs year-ago TTM
Free cash flow (TTM)
$697.14M
+76.8% vs year-ago TTM
EPS
$12.25
-7.9% vs prior year
Dividend per share
$11.70
+10.9% vs prior year
Shares outstanding
—
Net cash
$48.64M
as of Jun 30, 2026
Operating margin
9.4%
FY 2026
Company profile
- Industry
- Wholesale-Hardware & Plumbing & Heating Equipment & Supplies (SIC 5070)
- Listed as
- WSO (NYSE), WSO-B (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- FL
- Headquarters
- Coconut Grove, FL
- SEC filer status
- Large accelerated filer
- SEC CIK
- 105016
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $7.2B | $7.6B | $7.3B | $7.3B | $6.3B |
| Operating income | $720.3M | $781.8M | $794.8M | $831.6M | $628.5M |
| Net income | $497.0M | $536.3M | $536.3M | $601.2M | $418.9M |
| Diluted EPS | $12.25 | $13.30 | $13.67 | $15.41 | $10.78 |
| Operating cash flow | $569.6M | $773.1M | $562.0M | $572.0M | $349.6M |
| Free cash flow | $535.1M | $743.0M | $526.5M | $536.3M | $324.1M |
| Total assets | $4.4B | $4.5B | $3.7B | $3.5B | $3.1B |
| Stockholders' equity | $2.8B | $2.7B | $2.2B | $1.9B | $1.7B |
| Cash and investments | $733.3M | $781.9M | $210.1M | $147.5M | $118.3M |
| Total debt | $824.5M | $762.9M | $677.0M | $562.8M | $285.2M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Material agreement, Agreement ended, New debt
|
Oct 27, 2026 | Oct 21, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Oct 27, 2026 | Oct 27, 2026 |
| 8-K/A |
Amended current report
Unregistered share sale
|
Oct 14, 2026 | Sep 12, 2026 |
| 8-K | Current report | Oct 14, 2026 | Oct 14, 2026 |
| 8-K |
Current report
Unregistered share sale
|
Sep 17, 2026 | Sep 12, 2026 |
| 10-Q | Quarterly report | Aug 7, 2026 | Jun 30, 2026 |
All 1000 Watsco Inc SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.