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Watsco WSO Operating Income

Operating Income at other companies

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$163.5M-2.7%
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$776.1M-5.2%
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Ferguson EnterprisesFERG
$612M+20.7%
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Carrier GlobalCARR
$259M-58.8%
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$403.85M+26.7%
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Comfort Systems USAFIX
$485.72M+132%

Other financials

Income statement

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Revenue$1.5B+0.1%
Gross profit$427.6M-0.5%
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

Reported directly by Watsco in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

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 operating income?
Watsco (WSO) reported operating income of $110.18M in Q1 2026.
How has Watsco's operating income changed year-over-year?
Watsco's operating income decreased by 1.8% year-over-year, from $112.19M to $110.18M.
What is the long-term trend for Watsco's operating income?
Over 4 years (2021 to 2025), Watsco's operating income has grown at a 3.5% compound annual growth rate (CAGR), from $628.53M to $720.35M.
What does operating income mean?
Profit from core business activities before interest and taxes.
How do you interpret operating income?
An increase indicates improved operational efficiency and effective cost management.
How does operating income compare across companies?
The standard benchmark for operational performance; widely used for cross-company comparisons of core business health.