Watsco, Inc.

WSO 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
+7.42%
EPS
−11.5%
Free cash flow
−8.87%
Total debt
+815.5%

Quarter to September 2026, against a year earlier

305.22 5.92 −1.90%
Market cap
$13.0B
P/E
27.0×
Fwd P/E
26.4×
Dividend yield
4.14%
F-score
6/9
Altman Z
9.62
Beneish M
−2.48
Dividend safety
56/100

Watsco, Inc. (WSO) Revenue growth

Alert me on Revenue growth

Watsco, Inc.'s revenue growth over the twelve months to 30 September 2026 was 0.30%, up 5.3 percentage points from fiscal 2025 (−4.98%). Over the past ten years it has ranged from −4.98% (fiscal 2025) to 24.2% (fiscal 2021) — the current reading is the lowest in ten years. That is below the Industrial Distribution industry median of 7.51% and below the Industrials sector median of 8.77%.

Revenue growth, annual

Embed this chart

Annual newest first

Period Revenue growth Change (points)
FY2025 −4.98% (9.57)
FY2024 4.59% 4.46
FY2023 0.13% (15.70)
FY2022 15.8% (8.41)
FY2021 24.2% 18.27
FY2020 5.97% 1.05
FY2019 4.92% 0.21
FY2018 4.71% 1.84
FY2017 2.87% 0.26
FY2016 2.61% (1.67)

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 7.42% 5.36
Jun 2026 2.06% 1.93
Mar 2026 0.13% 10.12
Dec 2025 −9.99% (5.68)
43 more quarters

Against its own ten years

Low −4.98% High 24.2%
Ten-year median 4.59%
Current reading's percentile 9

Revenue growth against peers

Company Revenue growth
QXO QXO, Inc. compare 408.3%
XMTR Xometry, Inc. compare 36.8%
WCC WESCO International, Inc. compare 13.5%
AIT Applied Industrial Technologies, Inc. compare 8.45%
MSM MSC Industrial Direct Company, Inc. compare 6.37%
POOL Pool Corporation compare 2.90%
WSO Watsco, Inc. 0.30%
CNM Core & Main, Inc. compare −0.54%
WSO.B Watsco, Inc. compare −2.98%
Industrial Distribution industry median 7.51%
Industrials sector median 8.77%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

More on WSO