Watsco (WSO) Minority Interest (2009 - 2026)
Watsco (WSO) reported Minority Interest of $506.4 million for Q3 2026, up 4.0% from $486.83 million a year earlier and up 5.8% from the prior quarter.
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Analysis
Watsco (WSO) Minority Interest (2009 - 2026) Analysis & Trends
At the end of FY2025, Watsco posted Minority Interest of $440.69 million, up 8.2% from FY2024.
- Minority Interest has increased for nine consecutive years, with a five-year compound annual growth rate of 8.5% (FY2020 to FY2025).
- By year, Minority Interest came in at $407.25 million in FY2024 (+5.4%), $386.35 million in FY2023 (+7.6%), $359.04 million in FY2022 (+8.0%) and $332.47 million in FY2021 (+13.4%).
- The Q3 2026 figure ranks as the highest quarterly Minority Interest in data going back to Q4 2009.
- Year over year, Minority Interest has now increased in each of the last 37 quarters, with growth averaging 5.6% over the last eight quarters.
- Across the past five years, year-over-year growth in Minority Interest ran from 3.8% in Q2 2026 to 16.4% in Q1 2022.
- Per Business Quant data, the three quarters before Q3 2026 came in at $478.8 million (Q2 2026), $452.82 million (Q1 2026) and $440.69 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 72.83 Bn | 71.95 Bn | 2.05 Bn |
| 2 | W.W. Grainger | 65.81 Bn | 63.40 Bn | 1.98 Bn |
| 3 | Fastenal | 60.04 Bn | 59.04 Bn | 1.10 Bn |
| 4 | Ferguson Enterprises | 47.03 Bn | 44.24 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 34.00 Bn | 33.88 Bn | 1.25 Bn |
| 6 | Reliance | 22.66 Bn | 21.72 Bn | 1.45 Bn |
| 7 | Wesco International | 17.04 Bn | 14.08 Bn | 1.57 Bn |
| 8 | Watsco | 11.87 Bn | 9.55 Bn | 578.93 Mn |
| 9 | Applied Industrial Technologies | 11.20 Bn | 11.09 Bn | 392.21 Mn |
| 10 | Avantor | 10.55 Bn | 9.14 Bn | 534.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 506.40 Mn |
| Jun 30, 2026 | 478.80 Mn |
| Mar 31, 2026 | 452.82 Mn |
| Dec 31, 2025 | 440.69 Mn |
| Sep 30, 2025 | 486.83 Mn |
| Jun 30, 2025 | 461.38 Mn |
| Mar 31, 2025 | 422.81 Mn |
| Dec 31, 2024 | 407.25 Mn |
| Sep 30, 2024 | 465.50 Mn |
| Jun 30, 2024 | 433.35 Mn |
| Mar 31, 2024 | 401.15 Mn |
| Dec 31, 2023 | 386.35 Mn |
| Sep 30, 2023 | 441.75 Mn |
| Jun 30, 2023 | 414.40 Mn |
| Mar 31, 2023 | 379.43 Mn |
| Dec 31, 2022 | 359.04 Mn |
| Sep 30, 2022 | 407.38 Mn |
| Jun 30, 2022 | 385.34 Mn |
| Mar 31, 2022 | 355.51 Mn |
| Dec 31, 2021 | 332.47 Mn |
API Access
Watsco Minority Interest 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=minority-interest&ticker=WSO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=WSO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();