Watsco (WSO-B) Operating Leases (2019 - 2026)
Watsco's (WSO-B) quarterly Operating Leases came in at $358.5 million in Q1 2026, up 7.81% year-on-year from $332.5 million in Q1 2025, and up 2.25% quarter-over-quarter from $350.6 million in Q4 2025.
Watsco (WSO-B) Operating Leases (2019 - 2026) Analysis & Trends
Watsco has disclosed Operating Leases across 8 years of filings, most recently posting $358.5 million for Q1 2026.
- Operating Leases for Q1 2026 came in at $358.5 million, up 7.81% year-over-year; the trailing twelve-month figure through Mar 2026 was $358.5 million (up 7.81% YoY), and the FY2025 annual result was $350.6 million, up 8.98% from the prior year.
- Operating Leases came in at $358.5 million for Q1 2026 at Watsco, up from $350.6 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $358.5 million in Q1 2026 to a low of $205.2 million in Q1 2022.
- The 5-year median for Operating Leases is $291.0 million (2024), against an average of $283.4 million.
- Across the five-year window, Operating Leases soared 54.46% in 2022 and advanced 7.46% in 2025, its largest moves.
- Watsco's Operating Leases stood at $232.1 million in 2022, then gained by 19.29% to $276.9 million in 2023, then grew by 16.18% to $321.7 million in 2024, then rose by 8.98% to $350.6 million in 2025, then increased by 2.25% to $358.5 million in 2026.
- The last three Operating Leases figures came in at $358.5 million (Q1 2026), $350.6 million (Q4 2025), and $328.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | W.W. Grainger | 63.34 Bn | 63.16 Bn | 1.75 Bn |
| 2 | Fastenal | 52.88 Bn | 52.58 Bn | 982.90 Mn |
| 3 | Ferguson Enterprises | 45.75 Bn | 44.93 Bn | 2.32 Bn |
| 4 | Wesco International | 17.30 Bn | 16.60 Bn | 1.29 Bn |
| 5 | Watsco | 14.75 Bn | 14.61 Bn | 427.56 Mn |
| 6 | Qxo | 12.58 Bn | 9.54 Bn | 409.30 Mn |
| 7 | Applied Industrial Technologies | 12.04 Bn | 11.87 Bn | 380.80 Mn |
| 8 | Core & Main | 9.00 Bn | 8.92 Bn | 520.00 Mn |
| 9 | Pool | 7.20 Bn | 7.13 Bn | 329.87 Mn |
| 10 | Watsco | - | - | 427.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 358.49 Mn |
| Dec 31, 2025 | 350.62 Mn |
| Sep 30, 2025 | 328.19 Mn |
| Jun 30, 2025 | 324.60 Mn |
| Mar 31, 2025 | 332.52 Mn |
| Dec 31, 2024 | 321.72 Mn |
| Sep 30, 2024 | 305.41 Mn |
| Jun 30, 2024 | 291.43 Mn |
| Mar 31, 2024 | 290.95 Mn |
| Dec 31, 2023 | 276.91 Mn |
| Sep 30, 2023 | 272.15 Mn |
| Jun 30, 2023 | 247.93 Mn |
| Mar 31, 2023 | 239.31 Mn |
| Dec 31, 2022 | 232.14 Mn |
| Sep 30, 2022 | 227.56 Mn |
| Jun 30, 2022 | 213.34 Mn |
| Mar 31, 2022 | 205.16 Mn |
| Dec 31, 2021 | 187.02 Mn |
| Sep 30, 2021 | 182.77 Mn |
| Jun 30, 2021 | 184.93 Mn |