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10-Q Filing

WATSCO INC CIK: 105016 Q1 2025
Filing Information
Form Type 10-Q
Accession Number 0001193125-25-116461
Period End Date 20250331
Filing Date 20250509
Fiscal Year 2025
Fiscal Period Q1
XBRL Instance d938508d10q_htm.xml
Balance Sheet 132 line items
Line Item Tag Value Unit Period
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.50 USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.50 USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.50 USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.50 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $431.82M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $431.82M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $526.27M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $526.27M USD Point-in-time
Short-term cash investments ShortTermInvestments $255.67M USD Point-in-time
Short-term cash investments ShortTermInvestments $255.67M USD Point-in-time
Short-term cash investments ShortTermInvestments - USD Point-in-time
Short-term cash investments ShortTermInvestments - USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $794.31M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $794.31M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $877.93M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $877.93M USD Point-in-time
Inventories, net InventoryNet $1.39B USD Point-in-time
Inventories, net InventoryNet $1.39B USD Point-in-time
Inventories, net InventoryNet $1.78B USD Point-in-time
Inventories, net InventoryNet $1.78B USD Point-in-time
Other current assets OtherAssetsCurrent $33.12M USD Point-in-time
Other current assets OtherAssetsCurrent $33.12M USD Point-in-time
Other current assets OtherAssetsCurrent $34.67M USD Point-in-time
Other current assets OtherAssetsCurrent $34.67M USD Point-in-time
Total current assets AssetsCurrent $3.04B USD Point-in-time
Total current assets AssetsCurrent $3.04B USD Point-in-time
Total current assets AssetsCurrent $3.08B USD Point-in-time
Total current assets AssetsCurrent $3.08B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $140.53M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $140.53M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $138.11M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $138.11M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $432.69M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $432.69M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $419.14M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $419.14M USD Point-in-time
Goodwill Goodwill $451.86M USD Point-in-time
Goodwill Goodwill $451.86M USD Point-in-time
Goodwill Goodwill $454.87M USD Point-in-time
Goodwill Goodwill $454.87M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $207.36M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $207.36M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $208.47M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $208.47M USD Point-in-time
Investment in unconsolidated entity EquityMethodInvestments $173.76M USD Point-in-time
Investment in unconsolidated entity EquityMethodInvestments $173.76M USD Point-in-time
Investment in unconsolidated entity EquityMethodInvestments $168.61M USD Point-in-time
Investment in unconsolidated entity EquityMethodInvestments $168.61M USD Point-in-time
Other assets OtherAssetsNoncurrent $12.21M USD Point-in-time
Other assets OtherAssetsNoncurrent $12.21M USD Point-in-time
Other assets OtherAssetsNoncurrent $10.93M USD Point-in-time
Other assets OtherAssetsNoncurrent $10.93M USD Point-in-time
Total assets Assets $4.45B USD Point-in-time
Total assets Assets $4.45B USD Point-in-time
Total assets Assets $4.48B USD Point-in-time
Total assets Assets $4.48B USD Point-in-time
Current portion of lease liabilities LongTermDebtAndCapitalLeaseObligationsCurrent $110.27M USD Point-in-time
Current portion of lease liabilities LongTermDebtAndCapitalLeaseObligationsCurrent $110.27M USD Point-in-time
Current portion of lease liabilities LongTermDebtAndCapitalLeaseObligationsCurrent $113.32M USD Point-in-time
Current portion of lease liabilities LongTermDebtAndCapitalLeaseObligationsCurrent $113.32M USD Point-in-time
Accounts payable AccountsPayableCurrent $490.88M USD Point-in-time
Accounts payable AccountsPayableCurrent $490.88M USD Point-in-time
Accounts payable AccountsPayableCurrent $545.57M USD Point-in-time
Accounts payable AccountsPayableCurrent $545.57M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $382.75M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $382.75M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $266.25M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $266.25M USD Point-in-time
Total current liabilities LiabilitiesCurrent $925.14M USD Point-in-time
Total current liabilities LiabilitiesCurrent $925.14M USD Point-in-time
Total current liabilities LiabilitiesCurrent $983.90M USD Point-in-time
Total current liabilities LiabilitiesCurrent $983.90M USD Point-in-time
Operating lease liabilities, net of current portion OperatingLeaseLiabilitiesNetOfCurrentPortion $332.52M USD Point-in-time
Operating lease liabilities, net of current portion OperatingLeaseLiabilitiesNetOfCurrentPortion $332.52M USD Point-in-time
Operating lease liabilities, net of current portion OperatingLeaseLiabilitiesNetOfCurrentPortion $321.71M USD Point-in-time
Operating lease liabilities, net of current portion OperatingLeaseLiabilitiesNetOfCurrentPortion $321.71M USD Point-in-time
Finance lease liabilities, net of current portion FinanceLeaseLiabilityNoncurrent $13.85M USD Point-in-time
Finance lease liabilities, net of current portion FinanceLeaseLiabilityNoncurrent $13.85M USD Point-in-time
Finance lease liabilities, net of current portion FinanceLeaseLiabilityNoncurrent $15.47M USD Point-in-time
Finance lease liabilities, net of current portion FinanceLeaseLiabilityNoncurrent $15.47M USD Point-in-time
Total long-term obligations LongTermDebtAndCapitalLeaseObligations $346.37M USD Point-in-time
Total long-term obligations LongTermDebtAndCapitalLeaseObligations $346.37M USD Point-in-time
Total long-term obligations LongTermDebtAndCapitalLeaseObligations $337.19M USD Point-in-time
Total long-term obligations LongTermDebtAndCapitalLeaseObligations $337.19M USD Point-in-time
Deferred income taxes and other liabilities DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent $94.98M USD Point-in-time
Deferred income taxes and other liabilities DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent $94.98M USD Point-in-time
Deferred income taxes and other liabilities DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent $94.19M USD Point-in-time
Deferred income taxes and other liabilities DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent $94.19M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Preferred stock, $0.50 par value PreferredStockValue - USD Point-in-time
Preferred stock, $0.50 par value PreferredStockValue - USD Point-in-time
Preferred stock, $0.50 par value PreferredStockValue - USD Point-in-time
Preferred stock, $0.50 par value PreferredStockValue - USD Point-in-time
Paid-in capital AdditionalPaidInCapitalCommonStock $1.47B USD Point-in-time
Paid-in capital AdditionalPaidInCapitalCommonStock $1.47B USD Point-in-time
Paid-in capital AdditionalPaidInCapitalCommonStock $1.51B USD Point-in-time
Paid-in capital AdditionalPaidInCapitalCommonStock $1.51B USD Point-in-time
Accumulated other comprehensive loss, net of tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $-59.89M USD Point-in-time
Accumulated other comprehensive loss, net of tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $-59.89M USD Point-in-time
Accumulated other comprehensive loss, net of tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $-59.73M USD Point-in-time
Accumulated other comprehensive loss, net of tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $-59.73M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.30B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.30B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.27B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.27B USD Point-in-time
Treasury stock, at cost TreasuryStockValue $73.48M USD Point-in-time
Treasury stock, at cost TreasuryStockValue $73.48M USD Point-in-time
Treasury stock, at cost TreasuryStockValue $73.31M USD Point-in-time
Treasury stock, at cost TreasuryStockValue $73.31M USD Point-in-time
Total Watsco, Inc. shareholders' equity StockholdersEquity $2.67B USD Point-in-time
Total Watsco, Inc. shareholders' equity StockholdersEquity $2.67B USD Point-in-time
Total Watsco, Inc. shareholders' equity StockholdersEquity $2.66B USD Point-in-time
Total Watsco, Inc. shareholders' equity StockholdersEquity $2.66B USD Point-in-time
Non-controlling interest MinorityInterest $422.81M USD Point-in-time
Non-controlling interest MinorityInterest $422.81M USD Point-in-time
Non-controlling interest MinorityInterest $407.25M USD Point-in-time
Non-controlling interest MinorityInterest $407.25M USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.09B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.09B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.93B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.93B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.62B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.62B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.06B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.06B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $4.48B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $4.48B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $4.45B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $4.45B USD Point-in-time
Income Statement 56 line items
Line Item Tag Value Unit Period
Revenues Revenues $1.56B USD 1 Quarter
Revenues Revenues $1.56B USD 1 Quarter
Revenues Revenues $1.53B USD 1 Quarter
Revenues Revenues $1.53B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $1.10B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $1.10B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $1.13B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $1.13B USD 1 Quarter
Gross profit GrossProfit $430.62M USD 1 Quarter
Gross profit GrossProfit $430.62M USD 1 Quarter
Gross profit GrossProfit $429.62M USD 1 Quarter
Gross profit GrossProfit $429.62M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $309.55M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $309.55M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $322.58M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $322.58M USD 1 Quarter
Other income IncomeLossFromEquityMethodInvestments $5.15M USD 1 Quarter
Other income IncomeLossFromEquityMethodInvestments $5.15M USD 1 Quarter
Other income IncomeLossFromEquityMethodInvestments $5.46M USD 1 Quarter
Other income IncomeLossFromEquityMethodInvestments $5.46M USD 1 Quarter
Operating income OperatingIncomeLoss $126.54M USD 1 Quarter
Operating income OperatingIncomeLoss $126.54M USD 1 Quarter
Operating income OperatingIncomeLoss $112.19M USD 1 Quarter
Operating income OperatingIncomeLoss $112.19M USD 1 Quarter
Interest income, net InterestIncomeExpenseNet $5.42M USD 1 Quarter
Interest income, net InterestIncomeExpenseNet $5.42M USD 1 Quarter
Interest income, net InterestIncomeExpenseNet $2.47M USD 1 Quarter
Interest income, net InterestIncomeExpenseNet $2.47M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $117.61M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $117.61M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $129.01M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $129.01M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $23.07M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $23.07M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $24.75M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $24.75M USD 1 Quarter
Net income ProfitLoss $104.26M USD 1 Quarter
Net income ProfitLoss $104.26M USD 1 Quarter
Net income ProfitLoss $94.54M USD 1 Quarter
Net income ProfitLoss $94.54M USD 1 Quarter
Less: net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $14.48M USD 1 Quarter
Less: net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $14.48M USD 1 Quarter
Less: net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $17.26M USD 1 Quarter
Less: net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $17.26M USD 1 Quarter
Net income attributable to Watsco, Inc. NetIncomeLoss $80.06M USD 1 Quarter
Net income attributable to Watsco, Inc. NetIncomeLoss $80.06M USD 1 Quarter
Net income attributable to Watsco, Inc. NetIncomeLoss $87.00M USD 1 Quarter
Net income attributable to Watsco, Inc. NetIncomeLoss $87.00M USD 1 Quarter
Basic EarningsPerShareBasic $2.17 USD 1 Quarter
Basic EarningsPerShareBasic $2.17 USD 1 Quarter
Basic EarningsPerShareBasic $1.93 USD 1 Quarter
Basic EarningsPerShareBasic $1.93 USD 1 Quarter
Diluted EarningsPerShareDiluted $2.17 USD 1 Quarter
Diluted EarningsPerShareDiluted $2.17 USD 1 Quarter
Diluted EarningsPerShareDiluted $1.93 USD 1 Quarter
Diluted EarningsPerShareDiluted $1.93 USD 1 Quarter
Cash Flow Statement 132 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $104.26M USD 1 Quarter
Net income ProfitLoss $104.26M USD 1 Quarter
Net income ProfitLoss $94.54M USD 1 Quarter
Net income ProfitLoss $94.54M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $9.88M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $9.88M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $10.78M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $10.78M USD 1 Quarter
Share-based compensation ShareBasedCompensation $8.13M USD 1 Quarter
Share-based compensation ShareBasedCompensation $8.13M USD 1 Quarter
Share-based compensation ShareBasedCompensation $8.80M USD 1 Quarter
Share-based compensation ShareBasedCompensation $8.80M USD 1 Quarter
Non-cash contribution to 401(k) plan NonCashContributionTo401KPlan $8.74M USD 1 Quarter
Non-cash contribution to 401(k) plan NonCashContributionTo401KPlan $8.74M USD 1 Quarter
Non-cash contribution to 401(k) plan NonCashContributionTo401KPlan $8.73M USD 1 Quarter
Non-cash contribution to 401(k) plan NonCashContributionTo401KPlan $8.73M USD 1 Quarter
Provision for doubtful accounts ProvisionForDoubtfulAccounts $840.00K USD 1 Quarter
Provision for doubtful accounts ProvisionForDoubtfulAccounts $840.00K USD 1 Quarter
Provision for doubtful accounts ProvisionForDoubtfulAccounts $862.00K USD 1 Quarter
Provision for doubtful accounts ProvisionForDoubtfulAccounts $862.00K USD 1 Quarter
Other income from investment in unconsolidated entity IncomeLossFromEquityMethodInvestments $5.15M USD 1 Quarter
Other income from investment in unconsolidated entity IncomeLossFromEquityMethodInvestments $5.15M USD 1 Quarter
Other income from investment in unconsolidated entity IncomeLossFromEquityMethodInvestments $5.46M USD 1 Quarter
Other income from investment in unconsolidated entity IncomeLossFromEquityMethodInvestments $5.46M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-1.25M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-1.25M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-811.00K USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-811.00K USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $-83.86M USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $-83.86M USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $33.50M USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $33.50M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $389.99M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $389.99M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $307.22M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $307.22M USD 1 Quarter
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $315.09M USD 1 Quarter
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $315.09M USD 1 Quarter
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $8.89M USD 1 Quarter
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $8.89M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $-1.69M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $-1.69M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $-230.00K USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $-230.00K USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $103.71M USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $103.71M USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-177.64M USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-177.64M USD 1 Quarter
Proceeds from (purchases of) short-term cash investments PaymentsForProceedsFromShortTermInvestments $-255.67M USD 1 Quarter
Proceeds from (purchases of) short-term cash investments PaymentsForProceedsFromShortTermInvestments $-255.67M USD 1 Quarter
Proceeds from (purchases of) short-term cash investments PaymentsForProceedsFromShortTermInvestments $200.00M USD 1 Quarter
Proceeds from (purchases of) short-term cash investments PaymentsForProceedsFromShortTermInvestments $200.00M USD 1 Quarter
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $58.00K USD 1 Quarter
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $58.00K USD 1 Quarter
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $98.00K USD 1 Quarter
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $98.00K USD 1 Quarter
Business acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $3.67M USD 1 Quarter
Business acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $3.67M USD 1 Quarter
Business acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $5.18M USD 1 Quarter
Business acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $5.18M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $5.84M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $5.84M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $7.54M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $7.54M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-210.97M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-210.97M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $244.56M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $244.56M USD 1 Quarter
Dividends on common stock PaymentsOfDividendsCommonStock $96.77M USD 1 Quarter
Dividends on common stock PaymentsOfDividendsCommonStock $96.77M USD 1 Quarter
Dividends on common stock PaymentsOfDividendsCommonStock $109.04M USD 1 Quarter
Dividends on common stock PaymentsOfDividendsCommonStock $109.04M USD 1 Quarter
Distributions to non-controlling interest PaymentsOfDividendsMinorityInterest - USD 1 Quarter
Distributions to non-controlling interest PaymentsOfDividendsMinorityInterest - USD 1 Quarter
Distributions to non-controlling interest PaymentsOfDividendsMinorityInterest $69.83M USD 1 Quarter
Distributions to non-controlling interest PaymentsOfDividendsMinorityInterest $69.83M USD 1 Quarter
Net repayments of finance lease liabilities NetRepaymentsOfFinanceLeaseLiabilities $1.40M USD 1 Quarter
Net repayments of finance lease liabilities NetRepaymentsOfFinanceLeaseLiabilities $1.40M USD 1 Quarter
Net repayments of finance lease liabilities NetRepaymentsOfFinanceLeaseLiabilities $1.57M USD 1 Quarter
Net repayments of finance lease liabilities NetRepaymentsOfFinanceLeaseLiabilities $1.57M USD 1 Quarter
Net repayments under revolving credit agreement RepaymentsOfLongTermLinesOfCredit $15.40M USD 1 Quarter
Net repayments under revolving credit agreement RepaymentsOfLongTermLinesOfCredit $15.40M USD 1 Quarter
Net repayments under revolving credit agreement RepaymentsOfLongTermLinesOfCredit - USD 1 Quarter
Net repayments under revolving credit agreement RepaymentsOfLongTermLinesOfCredit - USD 1 Quarter
Repurchases of common stock to satisfy employee withholding tax obligations PaymentsRelatedToTaxWithholdingForShareBasedCompensation - USD 1 Quarter
Repurchases of common stock to satisfy employee withholding tax obligations PaymentsRelatedToTaxWithholdingForShareBasedCompensation - USD 1 Quarter
Repurchases of common stock to satisfy employee withholding tax obligations PaymentsRelatedToTaxWithholdingForShareBasedCompensation $442.00K USD 1 Quarter
Repurchases of common stock to satisfy employee withholding tax obligations PaymentsRelatedToTaxWithholdingForShareBasedCompensation $442.00K USD 1 Quarter
Net proceeds from the sale of Common stock ProceedsFromSaleOfTreasuryStock - USD 1 Quarter
Net proceeds from the sale of Common stock ProceedsFromSaleOfTreasuryStock - USD 1 Quarter
Net proceeds from the sale of Common stock ProceedsFromSaleOfTreasuryStock $281.78M USD 1 Quarter
Net proceeds from the sale of Common stock ProceedsFromSaleOfTreasuryStock $281.78M USD 1 Quarter
Proceeds from non-controlling interest for investment in Lashley ProceedsFromMinorityShareholders $999.00K USD 1 Quarter
Proceeds from non-controlling interest for investment in Lashley ProceedsFromMinorityShareholders $999.00K USD 1 Quarter
Proceeds from non-controlling interest for investment in Lashley ProceedsFromMinorityShareholders - USD 1 Quarter
Proceeds from non-controlling interest for investment in Lashley ProceedsFromMinorityShareholders - USD 1 Quarter
Proceeds from Dividend Reinvestment Plan ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan $6.71M USD 1 Quarter
Proceeds from Dividend Reinvestment Plan ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan $6.71M USD 1 Quarter
Proceeds from Dividend Reinvestment Plan ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan - USD 1 Quarter
Proceeds from Dividend Reinvestment Plan ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan - USD 1 Quarter
Net proceeds from issuances of Common stock under employee related plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans $10.62M USD 1 Quarter
Net proceeds from issuances of Common stock under employee related plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans $10.62M USD 1 Quarter
Net proceeds from issuances of Common stock under employee related plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans $11.05M USD 1 Quarter
Net proceeds from issuances of Common stock under employee related plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans $11.05M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $178.40M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $178.40M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-161.68M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-161.68M USD 1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-2.39M USD 1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-2.39M USD 1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $319.00K USD 1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $319.00K USD 1 Quarter
Net (decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-94.45M USD 1 Quarter
Net (decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-94.45M USD 1 Quarter
Net (decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $68.75M USD 1 Quarter
Net (decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $68.75M USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $210.11M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $210.11M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $278.86M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $278.86M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $526.27M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $526.27M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $431.82M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $431.82M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $210.11M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $210.11M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $278.86M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $278.86M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $526.27M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $526.27M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $431.82M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $431.82M USD Point-in-time
Stockholders Equity 56 line items
Line Item Tag Value Unit Period
Cash dividends declared and paid, common stock CommonStockDividendsPerShareDeclared $2.45 USD 1 Quarter
Cash dividends declared and paid, common stock CommonStockDividendsPerShareDeclared $2.45 USD 1 Quarter
Cash dividends declared and paid, common stock CommonStockDividendsPerShareDeclared $2.70 USD 1 Quarter
Cash dividends declared and paid, common stock CommonStockDividendsPerShareDeclared $2.70 USD 1 Quarter
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.09B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.09B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.93B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.93B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.62B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.62B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.06B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.06B USD Point-in-time
Net income ProfitLoss $104.26M USD 1 Quarter
Net income ProfitLoss $104.26M USD 1 Quarter
Net income ProfitLoss $94.54M USD 1 Quarter
Net income ProfitLoss $94.54M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $248.00K USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $248.00K USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-8.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-8.00M USD 1 Quarter
Common stock contribution to 401(k) plan StockIssuedDuringPeriodValueEmployeeBenefitPlan $8.73M USD 1 Quarter
Common stock contribution to 401(k) plan StockIssuedDuringPeriodValueEmployeeBenefitPlan $8.73M USD 1 Quarter
Common stock contribution to 401(k) plan StockIssuedDuringPeriodValueEmployeeBenefitPlan $8.74M USD 1 Quarter
Common stock contribution to 401(k) plan StockIssuedDuringPeriodValueEmployeeBenefitPlan $8.74M USD 1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue $11.05M USD 1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue $11.05M USD 1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue $10.75M USD 1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue $10.75M USD 1 Quarter
Retirement of common stock StockRepurchasedAndRetiredDuringPeriodValue $565.00K USD 1 Quarter
Retirement of common stock StockRepurchasedAndRetiredDuringPeriodValue $565.00K USD 1 Quarter
Net proceeds from the sale of Common stock StockIssuedDuringPeriodValueTreasuryStockReissued $281.75M USD 1 Quarter
Net proceeds from the sale of Common stock StockIssuedDuringPeriodValueTreasuryStockReissued $281.75M USD 1 Quarter
Common stock issued StockIssuedDuringPeriodValueAcquisitions $752.00K USD 1 Quarter
Common stock issued StockIssuedDuringPeriodValueAcquisitions $752.00K USD 1 Quarter
Common stock issued StockIssuedDuringPeriodValueAcquisitions $493.00K USD 1 Quarter
Common stock issued StockIssuedDuringPeriodValueAcquisitions $493.00K USD 1 Quarter
Investment in Lashley ContributionFromNonControllingInterestForInvestmentInConsolidatedEntity $999.00K USD 1 Quarter
Investment in Lashley ContributionFromNonControllingInterestForInvestmentInConsolidatedEntity $999.00K USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $9.88M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $9.88M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $10.47M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $10.47M USD 1 Quarter
Dividend reinvestment plan StockIssuedDuringPeriodValueDividendReinvestmentPlan $6.71M USD 1 Quarter
Dividend reinvestment plan StockIssuedDuringPeriodValueDividendReinvestmentPlan $6.71M USD 1 Quarter
Dividends declared and paid on common stock DividendsCommonStockCash $96.77M USD 1 Quarter
Dividends declared and paid on common stock DividendsCommonStockCash $96.77M USD 1 Quarter
Dividends declared and paid on common stock DividendsCommonStockCash $109.04M USD 1 Quarter
Dividends declared and paid on common stock DividendsCommonStockCash $109.04M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.09B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.09B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.93B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.93B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.62B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.62B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.06B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.06B USD Point-in-time
Comprehensive Income 24 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $104.26M USD 1 Quarter
Net income ProfitLoss $104.26M USD 1 Quarter
Net income ProfitLoss $94.54M USD 1 Quarter
Net income ProfitLoss $94.54M USD 1 Quarter
Other comprehensive income (loss), net of tax Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-8.00M USD 1 Quarter
Other comprehensive income (loss), net of tax Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-8.00M USD 1 Quarter
Other comprehensive income (loss), net of tax Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $248.00K USD 1 Quarter
Other comprehensive income (loss), net of tax Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $248.00K USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $248.00K USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $248.00K USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-8.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-8.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $96.26M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $96.26M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $94.79M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $94.79M USD 1 Quarter
Less: comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $14.56M USD 1 Quarter
Less: comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $14.56M USD 1 Quarter
Less: comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $14.80M USD 1 Quarter
Less: comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $14.80M USD 1 Quarter
Comprehensive income attributable to Watsco, Inc. ComprehensiveIncomeNetOfTax $80.22M USD 1 Quarter
Comprehensive income attributable to Watsco, Inc. ComprehensiveIncomeNetOfTax $80.22M USD 1 Quarter
Comprehensive income attributable to Watsco, Inc. ComprehensiveIncomeNetOfTax $81.47M USD 1 Quarter
Comprehensive income attributable to Watsco, Inc. ComprehensiveIncomeNetOfTax $81.47M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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