- $18.43bn
- $18.53bn
- $7.62bn
- 96
- 31
- 51
- 62
Annual income statement for Watsco, fiscal year end - December 31st, USD millions except per share, conversion factor applied.
2020 December 31st | 2021 December 31st | 2022 December 31st | 2023 December 31st | 2024 December 31st | |
|---|---|---|---|---|---|
| Period Length: | 12 M | 12 M | 12 M | 12 M | 12 M |
| Source: | 10-K | 10-K | 10-K | 10-K | 10-K |
| Standards: | USG | USG | USG | USG | USG |
| Status: | Final | Final | Final | Final | Final |
| Revenue | |||||
| Total Revenue | 5,055 | 6,280 | 7,274 | 7,284 | 7,618 |
| Cost of Revenue | |||||
| Gross Profit | 1,223 | 1,668 | 2,030 | 1,992 | 2,045 |
| Selling / General / Administrative Expenses | |||||
| Depreciation and Amortization | |||||
| Total Operating Expenses | 4,654 | 5,652 | 6,443 | 6,489 | 6,837 |
| Operating Profit | 401 | 629 | 832 | 795 | 782 |
| Total Net Non Operating Interest Income / Expense | |||||
| Total Net Non Operating Interest Income / Expense | |||||
| Net Income Before Taxes | 400 | 628 | 829 | 790 | 803 |
| Provision for Income Taxes | |||||
| Net Income After Taxes | 323 | 499 | 704 | 634 | 636 |
| Minority Interest | |||||
| Net Income Before Extraordinary Items | |||||
| Net Income | 270 | 419 | 601 | 536 | 536 |
| Adjustments to Net Income | |||||
| Income Available to Common Shareholders Excluding Extraordinary Items | |||||
| Income Available to Common Shareholders Including Extraordinary Items | |||||
| Dilution Adjustment | |||||
| Diluted Net Income | 246 | 382 | 550 | 499 | 499 |
| Diluted Weighted Average Shares | |||||
| Basic EPS Including Extraordinary Items | |||||
| Diluted EPS Including Extraordinary Items | |||||
| Diluted EPS Excluding Extraordinary Items | |||||
| Normalised Income Before Taxes | |||||
| Normalised Income After Taxes | |||||
| Normalised Income Available to Common Shareholders | |||||
| Diluted Normalised EPS | 7.01 | 10.8 | 15.4 | 13.7 | 13.3 |
| Dividends per Share |