Watsco Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	7,284	7,274	6,280	5,055	4,770	Upgrade
Revenue Growth (YoY)	0.13%	15.83%	24.24%	5.97%	4.92%	Upgrade
Cost of Revenue	5,292	5,244	4,613	3,832	3,613	Upgrade
Gross Profit	1,992	2,030	1,668	1,223	1,157	Upgrade
Selling, General & Admin	1,224	1,221	1,058	833.05	800.33	Upgrade
Other Operating Expenses	-26.18	-22.67	-19.3	-11.26	-10.26	Upgrade
Operating Expenses	1,197	1,199	1,039	821.79	790.07	Upgrade
Operating Income	794.81	831.58	628.53	401.03	366.88	Upgrade
Interest Expense / Income	4.92	2.17	1	1.24	4.03	Upgrade
Other Expense / Income	97.8	102.53	79.79	53.59	49.83	Upgrade
Pretax Income	692.09	726.88	547.74	346.2	313.03	Upgrade
Income Tax	155.75	125.72	128.8	76.62	67.08	Upgrade
Net Income	536.34	601.17	418.95	269.58	245.95	Upgrade
Net Income Growth	-10.78%	43.50%	55.41%	9.61%	1.24%	Upgrade
Shares Outstanding (Basic)	39	39	39	38	38	Upgrade
Shares Change	1.70%	-0.09%	0.76%	1.00%	1.80%	Upgrade
EPS (Basic)	13.72	15.46	10.83	7.03	6.51	Upgrade
EPS (Diluted)	13.67	15.41	10.78	7.01	6.50	Upgrade
EPS Growth	-11.29%	42.95%	53.78%	7.85%	0.15%	Upgrade
Free Cash Flow	527.78	538.18	325.46	518.04	319.35	Upgrade
Free Cash Flow Per Share	13.40	13.89	8.39	13.46	8.38	Upgrade
Dividend Per Share	9.800	8.550	7.625	6.925	6.400	Upgrade
Dividend Growth	14.62%	12.13%	10.11%	8.20%	14.29%	Upgrade
Gross Margin	27.35%	27.91%	26.55%	24.19%	24.25%	Upgrade
Operating Margin	10.91%	11.43%	10.01%	7.93%	7.69%	Upgrade
Profit Margin	7.36%	8.26%	6.67%	5.33%	5.16%	Upgrade
Free Cash Flow Margin	7.25%	7.40%	5.18%	10.25%	6.69%	Upgrade
Effective Tax Rate	22.50%	17.30%	23.51%	22.13%	21.43%	Upgrade
EBITDA	732.1	760.73	576.87	373.35	341.57	Upgrade
EBITDA Margin	10.05%	10.46%	9.19%	7.39%	7.16%	Upgrade
Depreciation & Amortization	35.09	31.68	28.13	25.91	24.51	Upgrade
EBIT	697.01	729.05	548.74	347.44	317.06	Upgrade
EBIT Margin	9.57%	10.02%	8.74%	6.87%	6.65%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).