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Watsco WSO Gross Profit

Gross Profit at other companies

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$351.3M+3.1%
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$1.73B+3.0%
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Ferguson EnterprisesFERG
$2.32B+4.6%
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Carrier GlobalCARR
$1.5B+15.9%
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EMCOR GroupEME
$863.95M+19.5%
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Comfort Systems USAFIX
$754.41M+87.0%

Other financials

Income statement

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Revenue$1.5B+0.1%
Operating income$110.2M-1.8%
Net income$79.1M-1.2%
EPS (diluted)$1.87-3.1%

Balance sheet

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Cash & equivalents$392.7M-9.1%
Total debt$496.3M+4.8%
Total equity$2.8B+3.6%
Total assets$4.6B+4.4%

Cash flow

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Operating cash flow-$18.9M+89.4%
CapEx$7.0M-7.7%
Free cash flow-$25.9M+86.0%

Valuation

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Market cap$16.52B-28.1%
Enterprise value$16.62B-27.7%
P/E33.3×-10.1×
P/S2.3×-0.7×

Profitability

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Gross margin28%+1.1pp
Operating margin9.9%-0.2pp
Net margin6.8%-0.1pp

Returns & leverage

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Return on equity18.3%-2.1pp
Debt / equity0.2×0.0×
Current ratio3.3×+0.1×

Where this comes from

Calculated from Watsco’s reported figures.

The official record: Watsco’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Watsco's gross profit?
Watsco (WSO) reported gross profit of $427.56M in Q1 2026.
How has Watsco's gross profit changed year-over-year?
Watsco's gross profit decreased by 0.5% year-over-year, from $429.62M to $427.56M.
What is the long-term trend for Watsco's gross profit?
Over 4 years (2021 to 2025), Watsco's gross profit has grown at a 5.0% compound annual growth rate (CAGR), from $1.67B to $2.03B.
What does gross profit mean?
Revenue minus the direct costs of the products sold.
How do you interpret gross profit?
Higher gross profit indicates strong pricing power or favorable procurement terms with manufacturers.
How does gross profit compare across companies?
A key indicator of competitive advantage in distribution; compared against industry-standard gross margin percentages.