Company / Operating Income
Watsco Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$720.3M
FY2025
5-year range
$366.9M / $781.8M
FY2021-FY2025
Trend
-7.9%
vs FY2024
Sector context
#77 of 328
Industrials
What the data says
Watsco's operating income of $720M is higher than 77% of companies in the Industrials sector (FY2025). Operating Income has fluctuated over the past 10 years, ranging from $306M in FY2016 to $782M in FY2024.
Based on SEC 10-K filings.
$720M in FY2025 with a 5-year CAGR of +14.1%. Top quartile in the Industrials sector.
Improved from $629M to $720M over the past 2 years.
Industrials sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- +21.6%
- 5-Year CAGR
- +14.1%
- 10-Year CAGR
- -
Sector benchmark
In line with sector averageTop 23% of 328This company $720.3M Sector average $718.3M
▼
In line with sector average
Key checks
Key Insights
- 5-year CAGR of +14.1%, indicating consistent growth.
- In FY2025, operating income decreased 7.9% year-over-year.
- Ranks #77 out of 328 companies in the Industrials sector.
- Peak operating income was recorded in FY2024.
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 | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $720.3M | -7.9% |
| FY2024 | $781.8M | +24.4% |
| FY2023 | $628.5M | +56.7% |
| FY2022 | $401.0M | +9.3% |
| FY2021 | $366.9M | -1.4% |
| FY2020 | $372.1M | +5.1% |
| FY2019 | $353.9M | +2.4% |
| FY2018 | $345.6M | +2.6% |
| FY2017 | $336.7M | +10.1% |
| FY2016 | $305.7M | +12.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026