Earnings Summary

Watsco Inc.’s revenue jumped 0.93% since last year same period to $1564.99Mn in the Q1 2024. On a quarterly growth basis, Watsco Inc. has generated -2.38% fall in its revenue since last 3-months.

Watsco Inc.’s net profit fell -20.96% since last year same period to $87Mn in the Q1 2024. On a quarterly growth basis, Watsco Inc. has generated 5.4% jump in its net profits since last 3-months.

Watsco Inc.’s net profit margin fell -21.68% since last year same period to 5.56% in the Q1 2024. On a quarterly growth basis, Watsco Inc. has generated 7.97% jump in its net profit margins since last 3-months.

Watsco Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 38.75.

Watsco Inc.’s earning per share (EPS) estimates for the current quarter stand at 4.67 - a 104.82% jump from last quarter’s estimates.

Watsco Inc.’s earning per share (EPS) estimates for the current year stand at 4.67.

Watsco Inc.’s earning per share (EPS) fell -23.32% since last year same period to 2.17 in the Q1 2024. This indicates that the Watsco Inc. has generated -23.32% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Watsco Inc.’s return on assets (ROA) stands at 0.11.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Watsco Inc.’s return on equity (ROE) stands at 0.23.

Watsco Inc. declared 2.45 dividend per share during the earnings announcement for Q1 2024.