CSIMarket
 


Watsco Inc   (WSO)
Other Ticker:  
 


Watsco Inc 's Effective Tax Rate by quarter

Trends, Rankings, Statistics



WSO Effective Tax Rate (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Pre-Tax Income Change -20.72 % 8.04 % -8.29 % -3.73 % 11.67 %
Seq. Pre-Tax Income Change -57.31 % -2.88 % 59.81 % 19.66 % -41.82 %
Pre-Tax Income In Millions $108.75 $254.73 $262.29 $164.13 $137.17
Effective Tax Rate 10.12 % 21.24 % 21.69 % 20.57 % -14.56 %
Effective Tax Rate Total Ranking # 218 # 918 # 941 # 807 #
Income taxes expenses / -benefit In Millions $11.01 $54.10 $56.89 $33.75 $-19.97
Y / Y Income taxes expenses / -benefit Change - 9.08 % -5.94 % -5.19 % -
Seq. Income taxes expenses / -benefit Change -79.66 % -4.89 % 68.53 % - -


Commenting fourth Quarter 2023 Effective Tax Rate
Company's effective tax rate in IV. Quarter decreased compare to previous quarter to 10.12 %, a new company low.

Looking into IV. Quarter results within Miscellaneous Manufacturing industry 4 other companies have achieved lower Effective Tax Rate. While Effective Tax Rate total ranking has impoved so far to 218, from total ranking in previous quarter at 918.

WSO's Effective Tax Rate fourth quarter 2023 Company Ranking
Within: No.
Miscellaneous Manufacturing Industry # 5
Capital Goods Sector # 13
Overall # 218

WSO's Effective Tax Rate Statistics
High Average Low
33.99 % 24.37 % 10.12 %
(Dec 31 2014)   (Dec 31 2023)




Other Effective Tax Rate Profitability Ratios
WSO's Cumulative Effective Tax Rate
Miscellaneous Manufacturing Industry Effective Tax Rate Trends and Statistics
Capital Goods Sector Effective Tax Rate Statistics
Effective Tax Rate Profitability Trends for overall market
WSO's Effective Tax Rate Profitability versus Miscellaneous Manufacturing Industry, Capital Goods Sector and total Market
Highest Ranking Effective Tax Rate
Lowest Ranking Effective Tax Rate
Effective Tax Rate Profit Margin for WSO's Competitors
Effective Tax Rate Profit Margin for Watsco Inc 's Suppliers
Effective Tax Rate Profit Margin for WSO's Customers

You may also want to know
WSO's Annual Growth Rates WSO's Profitability Ratios WSO's Asset Turnover Ratio WSO's Dividend Growth
WSO's Roe WSO's Valuation Ratios WSO's Financial Strength Ratios WSO's Income taxes expenses / -benefit Growth
WSO's Roa WSO's Inventory Turnover Ratio WSO's Growth Rates WSO's Dividend Comparisons


Companies with similar Effective Tax Rate in the quarter ending Dec 31 2023, within Miscellaneous Manufacturing Industry Effective Tax RateDec 31 2023 MRQ Income taxes expenses / -benefitDec 31 2023 MRQ Pre-Tax Income
Littelfuse Inc  27.26 %$ 16.068 $ 58.949 
Ferguson Plc  25.64 %$ 111.000 $ 433.000 
Winnebago Industries Inc   25.00 %$ 8.600 $ 34.400 
Idex Corp  22.75 %$ 31.900 $ 140.200 
Thor Industries Inc   22.74 %$ 1.568 $ 6.894 
Advanced Drainage Systems Inc   22.20 %$ 30.131 $ 135.707 
Brady Corp  21.84 %$ 12.192 $ 55.820 
Snap on Inc  21.01 %$ 69.500 $ 330.800 
Itt Inc   20.60 %$ 24.200 $ 117.500 
The Gorman rupp Company  20.14 %$ 2.264 $ 11.240 
Abb Ltd  19.46 %$ 930.000 $ 4,778.000 
Powell Industries Inc   19.39 %$ 5.793 $ 29.878 
The Eastern Company  17.16 %$ 0.728 $ 4.245 
Amcor Plc  16.97 %$ 28.000 $ 165.000 
Trane Technologies Plc  15.96 %$ 98.100 $ 614.800 
Oil dri Corporation Of America  15.67 %$ 2.300 $ 14.682 
Daktronics Inc   14.96 %$ 1.889 $ 12.631 
Graco Inc   13.80 %$ 17.598 $ 127.552 
Watsco Inc   10.12 %$ 11.007 $ 108.748 
Lifetime Brands Inc   6.86 %$ 0.617 $ 8.998 
Flowserve Corp  5.59 %$ 3.991 $ 71.436 
Servotronics inc   3.17 %$ 0.036 $ 1.134 




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com