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Watsco improves indoor living and working environments with air conditioning and heating solutions that provide comfort regardless of the outdoor climate. There are approximately 89 million central air conditioning and heating systems installed in the United States that have been in service for more than 10 years. Older systems often operate below today’s government mandated energy efficiency and environmental standards. Watsco has an opportunity to accelerate the replacement of these systems at a scale greater than our competitors as the movement toward reducing energy consumption and its environmental impact continues. This is especially important since heating and cooling accounts for approximately half of the energy consumed in a typical U.S. home.

Yearly Figures

(in thousands, except per share amounts)
FYE: 12/31 2016 2015 2014 2013
Net Revenues $4,220,702 $4,113,239 $3,944,540 $3,743,330
Net Income $182,810 $172,929 $151,387 $127,723
Earnings Per Share 5.15 4.90 4.32 3.68

Quarterly Figures

(in thousands, except per share amounts)
              Fourth Quarter
FYE: 12/31 12/31/16 12/31/15
Net Revenues $913,611 $903,816
Net Income $26,503 $24,383
Earnings Per Share 0.81 0.75

Contact Information

Contact Name: Shannon Savage
Contact Title: Investor Relations
Phone: 305-714-4105

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