Watsco, Inc.
WSO.B Industrials Industrial Distribution
Watsco, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.2 billion, down 4.98% from fiscal 2024.
- Revenue
- +2.06%
- EPS
- −11.5%
- Free cash flow
- +17.6%
- Total debt
- −35.5%
Quarter to June 2026, against a year earlier
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Watsco, Inc. (WSO.B) Operating margin
Watsco, Inc.'s operating margin over the twelve months to 30 June 2026 was 9.40%, down 0.6 percentage points from fiscal 2025 (9.95%). Over the past ten years it has ranged from 7.69% (fiscal 2019) to 11.4% (fiscal 2022); the current reading is higher than 64% of that period. That is above the Industrial Distribution industry median of 7.44% and above the Industrials sector median of 5.21%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 9.95% | (0.31) |
| FY2024 | 10.3% | (0.65) |
| FY2023 | 10.9% | (0.52) |
| FY2022 | 11.4% | 1.42 |
| FY2021 | 10.0% | 2.08 |
| FY2020 | 7.93% | 0.24 |
| FY2019 | 7.69% | (0.49) |
| FY2018 | 8.18% | 0.03 |
| FY2017 | 8.15% | (0.04) |
| FY2016 | 8.19% | 0.00 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 11.3% | 4.13 |
| Mar 2026 | 7.19% | 0.76 |
| Dec 2025 | 6.43% | (4.93) |
| Sep 2025 | 11.4% | (1.82) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| AIT Applied Industrial Technologies, Inc. compare | 11.2% |
| POOL Pool Corporation compare | 10.5% |
| CNM Core & Main, Inc. compare | 9.64% |
| WSO.B Watsco, Inc. | 9.40% |
| WSO Watsco, Inc. compare | 9.08% |
| MSM MSC Industrial Direct Company, Inc. compare | 7.99% |
| WCC WESCO International, Inc. compare | 5.57% |
| XMTR Xometry, Inc. compare | −2.22% |
| QXO QXO, Inc. compare | −3.40% |
| Industrial Distribution industry median | 7.44% |
| Industrials sector median | 5.21% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on WSO.B
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement