Watsco (WSO) Operating Leases (2019 - 2026)

Watsco's (WSO) 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) 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 62.43 Bn 62.25 Bn 1.75 Bn
2 Fastenal 52.87 Bn 52.56 Bn 982.90 Mn
3 Ferguson Enterprises 43.71 Bn 42.89 Bn 2.32 Bn
4 Wesco International 17.21 Bn 16.51 Bn 1.29 Bn
5 Watsco 14.12 Bn 13.98 Bn 427.56 Mn
6 Applied Industrial Technologies 11.70 Bn 11.53 Bn 380.80 Mn
7 Qxo 11.53 Bn 8.48 Bn 409.30 Mn
8 Core & Main 9.91 Bn 9.77 Bn 428.00 Mn
9 Pool 6.54 Bn 6.47 Bn 329.87 Mn
10 Msc Industrial Direct 6.47 Bn 6.42 Bn 377.59 Mn

Historic Data

Download Data
DateValue
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