Watsco (WSO) Net Income Attributable to Noncontrolling Interests (2009 - 2026)
Watsco (WSO) reported Net Income Attributable to Noncontrolling Interests of $27.47 million for Q3 2026, down 0.7% from $27.66 million a year earlier and down 1.8% from the prior quarter.
Watsco (WSO) Net Income Attributable to Noncontrolling Interests (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Watsco's Net Income Attributable to Noncontrolling Interests came in at $84.61 million, down 9.6% year-over-year; for FY2025, it came in at $90.59 million, down 8.9% from FY2024.
- Net Income Attributable to Noncontrolling Interests has a five-year compound annual growth rate of 11.1% (FY2020 to FY2025).
- By year, Net Income Attributable to Noncontrolling Interests came in at $99.45 million in FY2024 (+1.7%), $97.8 million in FY2023 (-4.6%), $102.53 million in FY2022 (+28.5%) and $79.79 million in FY2021 (+48.9%).
- Five-year quarterly Net Income Attributable to Noncontrolling Interests spans a low of $13.87 million in Q1 2026 and a high of $33.24 million in Q2 2024.
- Year over year, Net Income Attributable to Noncontrolling Interests has now declined in each of the last seven quarters, with an average decline of 5.3% over the last eight quarters.
- The high point for year-over-year Net Income Attributable to Noncontrolling Interests in five years was Q1 2022 (growth of 95.7%); the low point was Q4 2023 (a decline of 21.9%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $27.97 million (Q2 2026), $13.87 million (Q1 2026) and $15.31 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCI Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 67.67 Bn | 65.03 Bn | 2.01 Bn | 29.00 Mn |
| 2 | United Rentals | 65.48 Bn | 64.60 Bn | 2.05 Bn | - |
| 3 | Fastenal | 60.80 Bn | 59.80 Bn | 1.10 Bn | - |
| 4 | Ferguson Enterprises | 45.51 Bn | 42.73 Bn | 2.32 Bn | - |
| 5 | Sunbelt Rentals Holdings | 31.50 Bn | 31.38 Bn | 1.25 Bn | - |
| 6 | Reliance | 21.26 Bn | 20.31 Bn | 1.45 Bn | 500,000.00 |
| 7 | Wesco International | 14.25 Bn | 11.29 Bn | 1.57 Bn | 700,000.00 |
| 8 | Watsco | 11.59 Bn | 9.28 Bn | 578.93 Mn | 27.97 Mn |
| 9 | Avantor | 10.49 Bn | 9.07 Bn | 534.80 Mn | - |
| 10 | Applied Industrial Technologies | 10.39 Bn | 10.28 Bn | 392.21 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.97 Mn |
| Mar 31, 2026 | 13.87 Mn |
| Dec 31, 2025 | 15.31 Mn |
| Sep 30, 2025 | 27.66 Mn |
| Jun 30, 2025 | 33.16 Mn |
| Mar 31, 2025 | 14.48 Mn |
| Dec 31, 2024 | 18.34 Mn |
| Sep 30, 2024 | 30.62 Mn |
| Jun 30, 2024 | 33.24 Mn |
| Mar 31, 2024 | 17.26 Mn |
| Dec 31, 2023 | 15.19 Mn |
| Sep 30, 2023 | 29.67 Mn |
| Jun 30, 2023 | 32.64 Mn |
| Mar 31, 2023 | 20.30 Mn |
| Dec 31, 2022 | 19.46 Mn |
| Sep 30, 2022 | 28.53 Mn |
| Jun 30, 2022 | 32.95 Mn |
| Mar 31, 2022 | 21.59 Mn |
| Dec 31, 2021 | 16.75 Mn |
| Sep 30, 2021 | 23.98 Mn |
Watsco Net Income Attributable to Noncontrolling Interests API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=income-from-non-controlling-interests&ticker=WSO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-non-controlling-interests", "ticker": "WSO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=income-from-non-controlling-interests&ticker=WSO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();