Watsco (WSO) Retained Earnings (2009 - 2026)
Watsco (WSO) posted Retained Earnings of $1.31 billion for Q2 2026, down 1.8% from $1.33 billion a year earlier but up 2.3% from the prior quarter.
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Analysis
Watsco (WSO) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025, Watsco's Retained Earnings came in at $1.32 billion, up 1.8% from FY2024.
- Annual Retained Earnings has increased for 13 consecutive years, with a five-year compound annual growth rate of 15.7% (FY2020 to FY2025).
- In prior years, Watsco's Retained Earnings was $1.3 billion in FY2024 (+9.5%), $1.18 billion in FY2023 (+14.9%), $1.03 billion in FY2022 (+35.3%) and $760.8 million in FY2021 (+19.6%).
- Quarterly Retained Earnings has run from a low of $756.99 million in Q3 2021 to a high of $1.37 billion in Q3 2025 over five years.
- On a year-over-year basis, Retained Earnings increased in seven of the last eight quarters, with growth averaging 4.9%.
- The strongest year-over-year quarter for Retained Earnings in the past five years was Q4 2022, with growth of 35.3%; the weakest was Q2 2026, with a decline of 1.8%.
- According to Business Quant data, Retained Earnings for the three prior quarters was $1.28 billion (Q1 2026), $1.32 billion (Q4 2025) and $1.37 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.68 Bn | 56.66 Bn | 1.98 Bn | 15.86 Bn |
| 2 | Fastenal | 56.84 Bn | 55.76 Bn | 1.06 Bn | 4.04 Bn |
| 3 | Ferguson Enterprises | 43.23 Bn | 40.45 Bn | 2.32 Bn | 7.40 Bn |
| 4 | Sunbelt Rentals Holdings | 30.01 Bn | 29.89 Bn | 1.25 Bn | 7.77 Bn |
| 5 | Reliance | 19.64 Bn | 18.69 Bn | 1.30 Bn | 7.48 Bn |
| 6 | Wesco International | 17.52 Bn | 14.83 Bn | 1.46 Bn | 5.82 Bn |
| 7 | Applied Industrial Technologies | 12.22 Bn | 12.09 Bn | 411.22 Mn | 2.79 Bn |
| 8 | Watsco | 10.77 Bn | 8.93 Bn | 578.93 Mn | 1.31 Bn |
| 9 | Avantor | 10.19 Bn | 8.98 Bn | 537.00 Mn | 1.75 Bn |
| 10 | Core & Main | 7.65 Bn | 6.95 Bn | 573.00 Mn | 784.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.31 Bn |
| Mar 31, 2026 | 1.28 Bn |
| Dec 31, 2025 | 1.32 Bn |
| Sep 30, 2025 | 1.37 Bn |
| Jun 30, 2025 | 1.33 Bn |
| Mar 31, 2025 | 1.27 Bn |
| Dec 31, 2024 | 1.30 Bn |
| Sep 30, 2024 | 1.31 Bn |
| Jun 30, 2024 | 1.25 Bn |
| Mar 31, 2024 | 1.17 Bn |
| Dec 31, 2023 | 1.18 Bn |
| Sep 30, 2023 | 1.20 Bn |
| Jun 30, 2023 | 1.12 Bn |
| Mar 31, 2023 | 1.04 Bn |
| Dec 31, 2022 | 1.03 Bn |
| Sep 30, 2022 | 977.05 Mn |
| Jun 30, 2022 | 905.17 Mn |
| Mar 31, 2022 | 798.30 Mn |
| Dec 31, 2021 | 760.80 Mn |
| Sep 30, 2021 | 756.99 Mn |
API Access
Watsco Retained Earnings 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=retained-earnings&ticker=WSO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=WSO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();