Watsco, Inc. (WSO) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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WSO Revenue Growth
Revenue Breakdown
WSO's revenue distribution by segment and geography
By Geography
WSO Revenue Analysis (2014–2025)
As of May 8, 2026, Watsco, Inc. (WSO) generated trailing twelve-month (TTM) revenue of $7.24 billion, reflecting modest growth of +0.1% year-over-year. The most recent quarter (Q1 2026) recorded $1.53 billion in revenue, down 2.9% sequentially.
Looking at the longer-term picture, WSO's 5-year compound annual growth rate (CAGR) stands at +7.4%, indicating steady revenue expansion. The company achieved its highest annual revenue of $7.62 billion in 2024.
When compared to Industrials sector peers including GWW (+6.6% YoY), MSM (+0.3% YoY), and FAST (+8.7% YoY), WSO has underperformed the peer group in terms of revenue growth. Compare WSO vs GWW →
WSO Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| WSOCurrent | $7.2B | +0.1% | +7.4% | 9.6% | |
 GWW | $17.9B | +6.6% | +8.7% | 15.0% | |
 MSM | $3.8B | +0.3% | +3.4% | 8.3% | |
 FAST | $8.2B | +8.7% | +7.7% | 20.2% | |
 IBP | $3.0B | +0.5% | +12.4% | 13.0% | |
 BLDR | $15.2B | -8.3% | +12.2% | 5.2% |
WSO Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $7.24B | -5.0% | $2.03B | 28.0% | $692.6M | 9.6% |
| 2024 | $7.62B | +4.6% | $2.04B | 26.8% | $781.8M | 10.3% |
| 2023 | $7.28B | +0.1% | $1.99B | 27.4% | $794.8M | 10.9% |
| 2022 | $7.27B | +15.8% | $2.03B | 27.9% | $831.6M | 11.4% |
| 2021 | $6.28B | +24.2% | $1.67B | 26.6% | $628.5M | 10.0% |
| 2020 | $5.05B | +6.0% | $1.22B | 24.2% | $401.0M | 7.9% |
| 2019 | $4.77B | +4.9% | $1.16B | 24.3% | $366.9M | 7.7% |
| 2018 | $4.55B | +4.7% | $1.12B | 24.6% | $372.1M | 8.2% |
| 2017 | $4.34B | +2.9% | $1.07B | 24.5% | $353.9M | 8.2% |
| 2016 | $4.22B | +2.6% | $1.03B | 24.5% | $345.6M | 8.2% |
Full WSO Stock Analysis
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Start ComparisonWSO — Frequently Asked Questions
Quick answers to the most common questions about buying WSO stock.
Is WSO's revenue growth accelerating or slowing?
WSO revenue growth slowed to +0.1%, below the 5-year CAGR of +7.4%. TTM revenue is $7.2B. The deceleration marks a shift from historical growth rates.
What is WSO's long-term revenue growth rate?
Watsco, Inc.'s 5-year revenue CAGR of +7.4% reflects the variable expansion pattern. Current YoY growth of +0.1% is near this long-term average.
How is WSO's revenue distributed by segment?
WSO reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.