When did Watsco report Q1 2025 earnings?

Watsco (WSO) reported Q1 2025 earnings on April 23, 2025 before market open.

What were Watsco's Q1 2025 revenue and EPS?

Watsco reported revenue of $1.5B and diluted EPS of $1.93 for Q1 2025.

Did Watsco beat estimates in Q1 2025?

Revenue missed the consensus estimate of $2.2B by $704.2M. EPS missed the consensus estimate of $2.29 by $0.36.

How did Watsco's Q1 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue declined 2.2% from $1.6B a year earlier and diluted EPS declined 11.1% from $2.17.

Where can I find Watsco's Q1 2025 SEC filings?

You can read the 10-Q periodic report (0001193125-25-116461) directly on SEC EDGAR. The filing index links above go to sec.gov.

Watsco WSO Q1 2025 earnings

Reported April 23, 2025 · Before market open

Revenue$1.5BMiss by $704.2M Diluted EPS$1.93Miss by $0.36

Revenue estimate$2.2B

EPS estimate$2.29

Next report

Jul 29, 2026 (In 2 weeks)

Revenue estimate$2.1B

EPS estimate$4.36

Financials

Q1 2025

Income statement

See full

Revenue$1.5B-2.2%

Gross profit$429.6M-0.2%

Operating income$112.2M-11.3%

Net income$80.1M-8.0%

EPS (diluted)$1.93-11.1%

Balance sheet

See full

Cash & equivalents$431.8M+54.9%

Total debt$473.5M+11.5%

Total equity$2.7B+5.5%

Total assets$4.5B+2.2%

Cash flow

See full

Operating cash flow-$177.6M-271%

CapEx$7.5M+29.0%

Free cash flow-$185.2M-289%

Valuation & ratios

Valuation

as of 03/31/25

See full

Market cap$20.54B+28.9%

Enterprise value$20.58B+28.0%

P/E38.8×+7.8×

P/S2.7×+0.5×

Profitability

See full

Gross margin26.9%-0.1pp

Operating margin10.1%-0.2pp

Net margin7%-0.1pp

FCF margin6.1%-3.2pp

Returns & leverage

See full

Return on equity20.4%-2.6pp

Debt / equity0.2×0.0×

Current ratio3.3×+0.4×

Segments

By geography

See full

US$1.4B—

CA$76.4M—

Versus estimates

Revenue

Q1 2026$1.5BBeat by $45.8M Q4 2025$1.6BMiss by $38.1M Q3 2025$2.1BMiss by $98.1M Q2 2025$2.1BMiss by $162.4M

Q1 2025$1.5BMiss by $704.2M

Q4 2024$1.8BBeat by $89.5M

Diluted EPS

Q1 2026$1.87Beat by $0.14 Q4 2025$1.68Miss by $0.20 Q3 2025$3.98Miss by $0.46 Q2 2025$4.52Miss by $0.26

Q1 2025$1.93Miss by $0.36

Q4 2024$2.37Beat by $0.22

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Questions, answered.

When did Watsco report Q1 2025 earnings?: Watsco (WSO) reported Q1 2025 earnings on April 23, 2025 before market open.
What were Watsco's Q1 2025 revenue and EPS?: Watsco reported revenue of $1.5B and diluted EPS of $1.93 for Q1 2025.
Did Watsco beat estimates in Q1 2025?: Revenue missed the consensus estimate of $2.2B by $704.2M. EPS missed the consensus estimate of $2.29 by $0.36.
How did Watsco's Q1 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue declined 2.2% from $1.6B a year earlier and diluted EPS declined 11.1% from $2.17.
Where can I find Watsco's Q1 2025 SEC filings?: You can read the 10-Q periodic report (0001193125-25-116461) directly on SEC EDGAR. The filing index links above go to sec.gov.