Company / Interest Expense
Watsco Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
-$996.0K
FY2023
5-year range
-$4.0M / -$996.0K
FY2019-FY2023
Trend
+19.6%
vs FY2022
Sector context
#104 of 113
Industrials
What the data says
Among 113 Industrials companies, Watsco is in the top 8% for interest expense. Interest Expense has fluctuated over the past 8 years, ranging from -$6M in FY2019 to -$996,000 in FY2023.
Based on SEC 10-K filings.
-$996,000 in FY2023.
Increased from -$4M to -$996,000 over the past 2 years.
Industrials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 8% in IndustrialsTop 8% of 113This company -$996.0K Sector average $104.6M
▼
-101.0% below sector average
Key checks
Key Insights
- In FY2023, interest expense increased 19.6% year-over-year.
- Ranks #104 out of 113 companies in the Industrials sector.
- Lowest interest expense in the period was in FY2019.
Company context
Key Data Points
- Altman Z-Score 3.47 (safe zone, above 2.9 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | -$996.0K | +19.6% |
| FY2022 | -$1.2M | +69.3% |
| FY2021 | -$4.0M | -47.2% |
| FY2020 | -$2.7M | +56.9% |
| FY2019 | -$6.4M | -71.4% |
| FY2018 | -$3.7M | +33.1% |
| FY2017 | -$5.5M | -6.6% |
| FY2016 | -$5.2M | -189.3% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026