Watsco Profit Margin 2010-2024 | WSO
Current and historical gross margin, operating margin and net profit margin for Watsco (WSO) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Watsco net profit margin as of September 30, 2024 is 6.99%.
Watsco Annual Profit Margins |
Watsco Quarterly Profit Margins |
Sector |
Industry |
Market Cap |
Revenue |
Construction |
Building Products - Air Conditioning & Heating |
$20.870B |
$7.284B |
Watsco is the largest distributor of Heating, ventilation and air conditioning equipment, as well as related parts and supplies. It distributes residential and commercial air conditioners; parts such as replacement compressors, evaporator coils and motors; as well as supplies such as thermostats, insulation materials, refrigerants, grills, registers, sheet metal, tools, concrete pads, tape, and adhesives. Its air conditioning and heating equipment is sold to the residential replacement market, the commercial market and residential new construction market. The company sources supply from main industry players including Rheem, Carrier, Nordyne, Goodman, Trane, and Lennox. Revenues as disaggregated by the company per major product lines within single reporting segment are as follows: HVAC equipment, Other HVAC products and Commercial refrigeration products. Watsco acquired Acme Refrigeration a major distributor of air conditioning, heating and refrigeration products.
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