Watsco Net Income 2024

Watsco Net Income

651.55 M USD

Watsco Dividend yield

2.06 %

Ticker

WSO

ISIN

US9426222009

WKN

885676

In 2024, Watsco's profit amounted to 651.55 M USD, a 30.47% increase from the 499.37 M USD profit recorded in the previous year.

The Watsco Net Income history

YEARNET INCOME (undefined USD)
2028e869.86
2027e938.41
2026e809.3
2025e738.8
2024e651.55
2023499.37
2022549.8
2021381.67
2020246.4
2019225.5
2018223.1
2017190.8
2016168
2015159.3
2014139.9
2013118.7
201285.7
201184.4
201076
200940
200856.6
200761.6
200682.4
200570
200448.1

Watsco Aktienanalyse

What does Watsco do?

Watsco Inc is a leading US wholesaler of air conditioning and heating systems. The company was founded in 1956 and is headquartered in Miami, Florida. It has experienced rapid growth since its establishment and is now one of the largest companies in its industry. Its business model is focused on wholesale distribution, meaning that Watsco purchases air conditioning and heating systems from manufacturers at lower prices and resells them to dealers and installers. The company operates numerous sales offices and showrooms throughout North America to supply its customers with products. Its target market consists primarily of small and medium-sized installers and dealers. Watsco also works extensively with different innovative technologies, including an app that makes it easier for customers to order products and pay invoices. Watsco was founded in 1956 by two businessmen in South Florida. Starting as a small family business, it initially sold air conditioning units with a focus on wholesale distribution. Through family expansion and acquisitions of industry partners, the company experienced rapid growth, which has persisted to this day. Over the years, Watsco has continuously invested in technological advancements to better serve customers and improve company efficiency. The company is divided into several divisions, including air conditioning, heating, ventilation, refrigeration, and other miscellaneous products such as fasteners and roofing materials. Each division is further divided into different product lines, such as split systems, ductless systems, central heating systems, and accessories within the air conditioning division. Watsco offers a variety of HVAC products, including air conditioning units, heating systems, ventilation systems, and refrigeration systems. The product offering mainly consists of well-known brands such as Carrier, Trane, Lennox, and many more. The company focuses on providing innovative technology and design, as well as customized solutions, to help its customers meet their requirements more easily. In conclusion, Watsco has become an important and reputable wholesaler in the HVAC product industry. The company has a long history of growth and utilizes innovative technologies to better serve its customers. With its wide range of products and collaborations with renowned brands in the HVAC industry, Watsco has established itself as a leader in the field. Watsco ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Watsco's Profit Margins

The profit margins of Watsco represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Watsco's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Watsco's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Watsco's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Watsco’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Watsco Stock

How much profit has Watsco made this year?

Watsco has made 651.55 M USD this year.

How has the profit developed compared to last year?

The profit has increased by 30.47% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Watsco publish its earnings?

Watsco publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Watsco?

The profits of Watsco are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Watsco?

You can learn more about the earnings of Watsco by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Watsco pay?

Over the past 12 months, Watsco paid a dividend of 9.8 USD . This corresponds to a dividend yield of about 2.06 %. For the coming 12 months, Watsco is expected to pay a dividend of 10.77 USD.

What is the dividend yield of Watsco?

The current dividend yield of Watsco is 2.06 %.

When does Watsco pay dividends?

Watsco pays a quarterly dividend. This is distributed in the months of August, December, March, May.

How secure is the dividend of Watsco?

Watsco paid dividends every year for the past 25 years.

What is the dividend of Watsco?

For the upcoming 12 months, dividends amounting to 10.77 USD are expected. This corresponds to a dividend yield of 2.27 %.

In which sector is Watsco located?

Watsco is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Watsco kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Watsco from 4/30/2024 amounting to 2.7 USD, you needed to have the stock in your portfolio before the ex-date on 4/12/2024.

When did Watsco pay the last dividend?

The last dividend was paid out on 4/30/2024.

What was the dividend of Watsco in the year 2023?

In the year 2023, Watsco distributed 8.55 USD as dividends.

In which currency does Watsco pay out the dividend?

The dividends of Watsco are distributed in USD.

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Andere Kennzahlen von Watsco

Our stock analysis for Watsco Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Watsco Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.