How did Watsco's revenue and expenses trend in Q4 2024 compared to previous quarters?
5/8/2025 07:11pm
Watsco's revenue and expenses in Q4 2024 showed a significant increase in revenue compared to the previous quarter, while expenses remained relatively stable.
1. **Revenue Trend**: The total revenue for Q4 2024 was $7.62 billion, which is a substantial increase from the $5.86 billion reported in Q3 2024. This indicates a strong revenue growth in the last quarter of the year.
2. **Expense Trend**: The total expenses for Q4 2024 were not provided, but the cumulative expenses for Q2 and Q3 2024 were $3.7 billion and $5.86 billion, respectively. Assuming the trend of increasing expenses continued, the expenses in Q4 2024 might have been higher than $5.86 billion but lower than the revenue of $7.62 billion.
3. **Comparison**: The revenue growth in Q4 2024 is notable compared to the previous quarter's revenue of $5.86 billion. This suggests that Watsco may have experienced a seasonal surge in sales or business activity during Q4, which is common for companies in the heating, ventilation, and air conditioning (HVAC) industry.
In conclusion, Watsco's revenue trend in Q4 2024 was strongly positive, with a significant increase from the previous quarter, while the expenses remained within a reasonable range, indicating efficient management and operational effectiveness during the period.