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Side-by-side financial comparison of FRESH DEL MONTE PRODUCE INC (FDP) and WATSCO INC (WSO). Click either name above to swap in a different company.
WATSCO INC is the larger business by last-quarter revenue ($1.6B vs $1.0B, roughly 1.5× FRESH DEL MONTE PRODUCE INC). WATSCO INC runs the higher net margin — 4.5% vs 3.2%, a 1.4% gap on every dollar of revenue. On growth, FRESH DEL MONTE PRODUCE INC posted the faster year-over-year revenue change (0.6% vs -10.0%). WATSCO INC produced more free cash flow last quarter ($388.5M vs $-17.2M). Over the past eight quarters, WATSCO INC's revenue compounded faster (0.4% CAGR vs -4.1%).
Fresh Del Monte Produce Incorporated is one of the world’s leading vertically integrated producers, distributors, and marketers of prepared, fresh and fresh-cut fruits and vegetables. Incorporated in George Town, Cayman Islands, its US executive office is located at 241 Sevilla Avenue, Coral Gables, Florida.
Watsco, Inc. is a distributor of air conditioning, heating and refrigeration equipment, and related parts and supplies (HVAC/R) in the United States. Watsco was founded more than 60 years ago as a manufacturer of parts, components, and tools used in the HVAC/R industry. In 1989, the company shifted from manufacturing to distribution, by acquiring Gemaire Distributors Inc., a South Florida-based Rheem distributor.
FDP vs WSO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $1.6B |
| Net Profit | $32.3M | $71.7M |
| Gross Margin | 10.4% | 27.1% |
| Operating Margin | 4.5% | 6.4% |
| Net Margin | 3.2% | 4.5% |
| Revenue YoY | 0.6% | -10.0% |
| Net Profit YoY | 59.1% | -25.9% |
| EPS (diluted) | $0.67 | $1.82 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.0B | $1.6B | ||
| Q3 25 | $1.0B | $2.1B | ||
| Q2 25 | $1.2B | $2.1B | ||
| Q1 25 | $1.1B | $1.5B | ||
| Q4 24 | $1.0B | $1.8B | ||
| Q3 24 | $1.0B | $2.2B | ||
| Q2 24 | $1.1B | $2.1B | ||
| Q1 24 | $1.1B | $1.6B |
| Q4 25 | $32.3M | $71.7M | ||
| Q3 25 | $-29.1M | $161.6M | ||
| Q2 25 | $56.8M | $183.6M | ||
| Q1 25 | $31.1M | $80.1M | ||
| Q4 24 | $20.3M | $96.8M | ||
| Q3 24 | $42.1M | $171.0M | ||
| Q2 24 | $53.6M | $181.4M | ||
| Q1 24 | $26.1M | $87.0M |
| Q4 25 | 10.4% | 27.1% | ||
| Q3 25 | 7.9% | 27.5% | ||
| Q2 25 | 10.2% | 29.3% | ||
| Q1 25 | 8.4% | 28.1% | ||
| Q4 24 | 6.8% | 26.7% | ||
| Q3 24 | 9.2% | 26.2% | ||
| Q2 24 | 9.9% | 27.1% | ||
| Q1 24 | 7.4% | 27.5% |
| Q4 25 | 4.5% | 6.4% | ||
| Q3 25 | -2.1% | 11.4% | ||
| Q2 25 | 5.8% | 13.2% | ||
| Q1 25 | 4.1% | 7.3% | ||
| Q4 24 | 3.0% | 7.8% | ||
| Q3 24 | 5.3% | 11.6% | ||
| Q2 24 | 6.0% | 12.6% | ||
| Q1 24 | 4.0% | 8.1% |
| Q4 25 | 3.2% | 4.5% | ||
| Q3 25 | -2.8% | 7.8% | ||
| Q2 25 | 4.8% | 8.9% | ||
| Q1 25 | 2.8% | 5.2% | ||
| Q4 24 | 2.0% | 5.5% | ||
| Q3 24 | 4.1% | 7.9% | ||
| Q2 24 | 4.7% | 8.5% | ||
| Q1 24 | 2.4% | 5.6% |
| Q4 25 | $0.67 | $1.82 | ||
| Q3 25 | $-0.61 | $3.98 | ||
| Q2 25 | $1.18 | $4.52 | ||
| Q1 25 | $0.64 | $1.93 | ||
| Q4 24 | $0.41 | $2.42 | ||
| Q3 24 | $0.88 | $4.22 | ||
| Q2 24 | $1.12 | $4.49 | ||
| Q1 24 | $0.55 | $2.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $35.7M | $733.3M |
| Total DebtLower is stronger | $176.2M | $361.6M |
| Stockholders' EquityBook value | $2.0B | $2.8B |
| Total Assets | $3.1B | $4.4B |
| Debt / EquityLower = less leverage | 0.09× | 0.13× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $35.7M | $733.3M | ||
| Q3 25 | $97.2M | $524.3M | ||
| Q2 25 | $85.5M | $293.0M | ||
| Q1 25 | $34.4M | $431.8M | ||
| Q4 24 | $32.6M | $781.9M | ||
| Q3 24 | $50.8M | $550.0M | ||
| Q2 24 | $37.8M | $424.9M | ||
| Q1 24 | $42.2M | $478.9M |
| Q4 25 | $176.2M | $361.6M | ||
| Q3 25 | $176.7M | $340.8M | ||
| Q2 25 | $205.2M | $338.7M | ||
| Q1 25 | $237.4M | $346.4M | ||
| Q4 24 | $248.9M | $337.2M | ||
| Q3 24 | $274.8M | $321.0M | ||
| Q2 24 | $290.4M | $307.1M | ||
| Q1 24 | $405.8M | $306.3M |
| Q4 25 | $2.0B | $2.8B | ||
| Q3 25 | $2.0B | $2.8B | ||
| Q2 25 | $2.1B | $2.8B | ||
| Q1 25 | $2.0B | $2.7B | ||
| Q4 24 | $2.0B | $2.7B | ||
| Q3 24 | $2.0B | $2.7B | ||
| Q2 24 | $2.0B | $2.6B | ||
| Q1 24 | $1.9B | $2.5B |
| Q4 25 | $3.1B | $4.4B | ||
| Q3 25 | $3.1B | $4.6B | ||
| Q2 25 | $3.2B | $4.7B | ||
| Q1 25 | $3.2B | $4.5B | ||
| Q4 24 | $3.1B | $4.5B | ||
| Q3 24 | $3.2B | $4.5B | ||
| Q2 24 | $3.1B | $4.4B | ||
| Q1 24 | $3.2B | $4.4B |
| Q4 25 | 0.09× | 0.13× | ||
| Q3 25 | 0.09× | 0.12× | ||
| Q2 25 | 0.10× | 0.12× | ||
| Q1 25 | 0.12× | 0.13× | ||
| Q4 24 | 0.13× | 0.13× | ||
| Q3 24 | 0.14× | 0.12× | ||
| Q2 24 | 0.15× | 0.12× | ||
| Q1 24 | 0.21× | 0.12× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $10.9M | $399.8M |
| Free Cash FlowOCF − Capex | $-17.2M | $388.5M |
| FCF MarginFCF / Revenue | -1.7% | 24.6% |
| Capex IntensityCapex / Revenue | 2.8% | 0.7% |
| Cash ConversionOCF / Net Profit | 0.34× | 5.57× |
| TTM Free Cash FlowTrailing 4 quarters | $181.3M | $535.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.9M | $399.8M | ||
| Q3 25 | $75.0M | $354.9M | ||
| Q2 25 | $113.1M | $-7.4M | ||
| Q1 25 | $46.1M | $-177.6M | ||
| Q4 24 | $-4.7M | $378.9M | ||
| Q3 24 | $43.5M | $232.8M | ||
| Q2 24 | $125.0M | $57.7M | ||
| Q1 24 | $18.7M | $103.7M |
| Q4 25 | $-17.2M | $388.5M | ||
| Q3 25 | $60.9M | $346.1M | ||
| Q2 25 | $101.5M | $-14.3M | ||
| Q1 25 | $36.1M | $-185.2M | ||
| Q4 24 | $-22.3M | $370.9M | ||
| Q3 24 | $30.1M | $223.0M | ||
| Q2 24 | $117.0M | $51.3M | ||
| Q1 24 | $6.0M | $97.9M |
| Q4 25 | -1.7% | 24.6% | ||
| Q3 25 | 6.0% | 16.7% | ||
| Q2 25 | 8.6% | -0.7% | ||
| Q1 25 | 3.3% | -12.1% | ||
| Q4 24 | -2.2% | 21.1% | ||
| Q3 24 | 3.0% | 10.3% | ||
| Q2 24 | 10.3% | 2.4% | ||
| Q1 24 | 0.5% | 6.3% |
| Q4 25 | 2.8% | 0.7% | ||
| Q3 25 | 1.4% | 0.4% | ||
| Q2 25 | 1.0% | 0.3% | ||
| Q1 25 | 0.9% | 0.5% | ||
| Q4 24 | 1.7% | 0.5% | ||
| Q3 24 | 1.3% | 0.5% | ||
| Q2 24 | 0.7% | 0.3% | ||
| Q1 24 | 1.1% | 0.4% |
| Q4 25 | 0.34× | 5.57× | ||
| Q3 25 | — | 2.20× | ||
| Q2 25 | 1.99× | -0.04× | ||
| Q1 25 | 1.48× | -2.22× | ||
| Q4 24 | -0.23× | 3.91× | ||
| Q3 24 | 1.03× | 1.36× | ||
| Q2 24 | 2.33× | 0.32× | ||
| Q1 24 | 0.72× | 1.19× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FDP
| Other | $482.7M | 47% |
| Gold Pineapples | $184.9M | 18% |
| Fresh Cut Fruit | $126.4M | 12% |
| Fresh Cut Vegetables | $69.3M | 7% |
| Avocados | $66.9M | 7% |
| Other Fruit Productsand Services | $26.1M | 3% |
| Non Tropical Fruit | $23.0M | 2% |
| Melons | $20.6M | 2% |
| Vegetables | $19.6M | 2% |
WSO
Segment breakdown not available.
