Watsco (WSO) Net Income (2009 - 2026)
Watsco (WSO) recorded Net Income of $182.84 million in Q3 2026, down 3.4% from $189.23 million a year earlier and down 4.4% from the prior quarter.
Watsco (WSO) Net Income (2009 - 2026) Analysis & Trends
On a TTM basis, Watsco's Net Income came in at $554.14 million as of Sep 30, 2026, down 10.0% year-over-year; for FY2025, it was $587.59 million, down 7.6% from FY2024.
- Annual Net Income has a five-year compound annual growth rate of 12.7% (FY2020 to FY2025).
- Across earlier years, Net Income came in at $635.74 million in FY2024 (+0.3%), $634.14 million in FY2023 (-9.9%), $703.7 million in FY2022 (+41.1%) and $498.74 million in FY2021 (+54.3%).
- Quarterly Net Income has ranged from $87.05 million in Q4 2025 to $225.51 million in Q2 2022 over the past five years.
- On a year-over-year basis, Net Income has declined for five consecutive quarters, with an average decline of 4.7% over the last eight quarters.
- Peak year-over-year performance for Net Income in the last five years was growth of 107.8% in Q4 2021, against a decline of 37.8% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $191.3 million (Q2 2026), $92.94 million (Q1 2026) and $87.05 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 67.67 Bn | 65.03 Bn | 2.01 Bn | 616.00 Mn |
| 2 | United Rentals | 65.48 Bn | 64.60 Bn | 2.05 Bn | 920.00 Mn |
| 3 | Fastenal | 60.80 Bn | 59.80 Bn | 1.10 Bn | 401.60 Mn |
| 4 | Ferguson Enterprises | 45.51 Bn | 42.73 Bn | 2.32 Bn | 414.00 Mn |
| 5 | Sunbelt Rentals Holdings | 31.50 Bn | 31.38 Bn | 1.25 Bn | 438.00 Mn |
| 6 | Reliance | 21.26 Bn | 20.31 Bn | 1.45 Bn | 403.40 Mn |
| 7 | Wesco International | 14.25 Bn | 11.29 Bn | 1.57 Bn | 268.50 Mn |
| 8 | Watsco | 11.59 Bn | 9.28 Bn | 578.93 Mn | 191.30 Mn |
| 9 | Avantor | 10.49 Bn | 9.07 Bn | 534.80 Mn | 203.40 Mn |
| 10 | Applied Industrial Technologies | 10.39 Bn | 10.28 Bn | 392.21 Mn | 110.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 191.30 Mn |
| Mar 31, 2026 | 92.94 Mn |
| Dec 31, 2025 | 87.05 Mn |
| Sep 30, 2025 | 189.23 Mn |
| Jun 30, 2025 | 216.77 Mn |
| Mar 31, 2025 | 94.54 Mn |
| Dec 31, 2024 | 115.18 Mn |
| Sep 30, 2024 | 201.65 Mn |
| Jun 30, 2024 | 214.65 Mn |
| Mar 31, 2024 | 104.26 Mn |
| Dec 31, 2023 | 97.74 Mn |
| Sep 30, 2023 | 200.62 Mn |
| Jun 30, 2023 | 205.40 Mn |
| Mar 31, 2023 | 130.37 Mn |
| Dec 31, 2022 | 157.13 Mn |
| Sep 30, 2022 | 186.17 Mn |
| Jun 30, 2022 | 225.51 Mn |
| Mar 31, 2022 | 134.89 Mn |
| Dec 31, 2021 | 95.63 Mn |
| Sep 30, 2021 | 164.84 Mn |
Watsco Net Income 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=net-income&ticker=WSO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=WSO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();