United States was Watsco’s largest region in fiscal 2025, bringing in $13.11B of $14.48B (91%).
| Geography | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $13.16B | $13.08B | $13.72B | $13.11B | ||||||||||||
| Canada | $778.24M | $749.32M | $711.59M | $676.23M | ||||||||||||
| Latin America & Caribbean | $612.66M | $736.92M | $803.74M | $688.51M | ||||||||||||
| Latin America & The Caribbean | — | — | — | — | ||||||||||||
| Mexico | — | — | — | — | ||||||||||||
| Total | $14.55B | $14.57B | $15.24B | $14.48B |
Watsco brought in $14.48B from its three regions in fiscal 2025, the year ended December 31, 2025. That was down 5.0% from $15.24B in fiscal 2024. United States was the largest at $13.11B (90.6%), ahead of Latin America & Caribbean at $688.51M (4.8%) and Canada at $676.23M (4.7%).
Compared with fiscal 2024, every region above 2% of revenue shrank. United States held up best, down 4.4% to $13.11B, and Latin America & Caribbean fell the most, down 14.3% to $688.51M. From fiscal 2022 to 2025, combined revenue from these regions fell from $14.55B to $14.48B, a compound annual decline of 0.2%. United States' share held steady at about 90.6%.
Watsco (WSO) reports its revenue by geography. In fiscal 2025, United States was its largest region, bringing in $13.11B (90.6% of the total), followed by Latin America & Caribbean at $688.51M (4.8%).
United States was Watsco's largest region in fiscal 2025, bringing in $13.11B, or 90.6% of the $14.48B total across its three regions.
Every figure comes from Watsco's annual financial filings, as reported. Each line keeps the name Watsco gives it, and years follow its fiscal calendar.
Watsco's revenue by geography goes back to fiscal 2010, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.