logo
logo
WSO stock ticker logo

Watsco, Inc.

NYSE•WSO
CEO: Mr. Albert H. Nahmad
Sector: Industrials
Industry: Industrial - Distribution
Listing Date: 1984-06-07
Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, refrigeration equipment, and related parts and supplies in the United States and internationally. The company distributes equipment, including residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. It also offers parts comprising replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation materials, refrigerants, ductworks, grills, registers, sheet metals, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies, as well as plumbing and bathroom remodeling supplies. The company serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. Watsco, Inc. was incorporated in 1956 and is headquartered in Miami, Florida.
Contact Information
2665 South Bayshore Drive, Suite 901, Miami, FL, 33133, United States
305-714-4100
www.watsco.com
Market Cap
$16.30B
P/E (TTM)
30.6
26.2
Dividend Yield
3.0%
52W High
$533.07
52W Low
$323.05
52W Range
37%
Rank30Top 19.5%
5.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$1.58B+0.00%
4-Quarter Trend

EPS

$1.68+0.00%
4-Quarter Trend

FCF

$388.93M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Non-Affiliate Market Value Aggregate market value held by non-affiliates reached approximately $15.615B USD as of June 30, 2025.
Distribution Network Scale Operated 695 total locations across US, Canada, Mexico, and Puerto Rico by December 31, 2025.
Carrier Joint Venture Revenue Combined joint ventures with Carrier represented 53% of total revenues for the fiscal year 2025.
Revenue Mix Shift Other HVAC products grew to 29% of 2025 revenues, up from 27% in the prior year.

Risk Factors

Supplier Concentration Risk Top ten suppliers accounted for 85% of purchases; 62% concentration risk tied to Carrier alone.
Acquisition Integration Challenges Acquisitions involve risks including integration failure, debt assumption, and potential shareholder dilution.
Trade Policy and Tariffs Potential cost increases from tariffs on components sourced from China and Mexico could harm profitability.
Cybersecurity System Threats Cyberattacks pose risk of system disruption, data corruption, and potential material adverse financial impact.

Outlook

Strategy Focus: Technology Launched scalable technology platforms, adding 300 employees to modernize customer experience and internal processes.
Growth Through Acquisitions Continue pursuing strategic acquisitions and joint ventures to achieve further penetration in existing markets.
Regulatory Efficiency Drivers Regulatory mandates periodically increase minimum SEER ratings, providing catalyst for higher efficiency system sales.
Market Strategy Execution Focus on exemplary service, product expansion, and technology to satisfy high-growth replacement market needs.

Peer Comparison

Revenue (TTM)

WCC stock ticker logoWCC
$23.50B
+7.7%
CHRW stock ticker logoCHRW
$16.23B
-8.4%
TXT stock ticker logoTXT
$14.80B
+3.9%

Gross Margin (Latest Quarter)

TRU stock ticker logoTRU
59.3%
-12.2pp
NDSN stock ticker logoNDSN
54.7%
+2.2pp
GGG stock ticker logoGGG
51.7%
+0.8pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
XPO$24.21B76.317.8%57.4%
WWD$23.19B47.319.6%19.2%
CHRW$21.92B37.732.5%32.2%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
1.0%
Moderate Growth
4Q Net Income CAGR
-3.6%
Stable Profitability
Cash Flow Stability
50%
Cash Flow Needs Attention

Deep Research

Next earnings:Apr 16, 2026
|
EPS:$1.74
|
Revenue:$1.48B
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data