Watsco (WSO) Stock Price

Watsco Price

NYSE·CLOSED
309.30USD-1.43 (-0.46 %)
Market closed

Revenue has compounded at 7.6% per year over the past 19 years to 7.24 B USD. Earnings per share have grown at 8.1% per year over the last 19 years. Watsco's net margin stands at 6.9%, broadly stable from 6.7% several years earlier. Watsco currently offers a dividend yield of about 3.78%. The payout ratio is around 89% of earnings. The dividend has grown at 14.1% per year over the past 19 years. Analysts set a median price target of 433.50 USD, implying 40.2% above the current price. Of 20 analysts, 5 rate the stock a buy — an overall Hold consensus. Over the past year Watsco shares have lost 27.3%.

Watsco stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Watsco over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Watsco stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Watsco's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Watsco Stock Price History
DateWatsco Price
7/31/2026309.30 USD
7/30/2026310.73 USD
7/29/2026314.98 USD
7/27/2026365.23 USD
7/23/2026359.85 USD
7/22/2026362.00 USD
7/21/2026372.96 USD
7/20/2026370.77 USD
7/17/2026371.91 USD
7/16/2026385.16 USD
7/15/2026387.24 USD
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3/4/2026405.03 USD
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2/27/2026417.33 USD
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2/25/2026407.82 USD
2/24/2026412.13 USD
2/23/2026411.71 USD
2/20/2026409.93 USD
2/19/2026409.56 USD
2/18/2026419.32 USD
2/17/2026422.83 USD
2/13/2026417.92 USD
2/12/2026417.92 USD
2/11/2026415.07 USD
2/10/2026427.58 USD
2/9/2026425.55 USD
2/8/2026414.74 USD
2/6/2026419.92 USD
2/5/2026419.92 USD
2/4/2026405.94 USD
2/3/2026409.92 USD
2/2/2026390.43 USD
2/1/2026386.61 USD
1/30/2026386.45 USD
1/29/2026386.45 USD
1/28/2026383.42 USD
1/27/2026385.14 USD
1/26/2026385.84 USD
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1/20/2026384.82 USD
1/19/2026376.82 USD
1/16/2026381.56 USD
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10/24/2025362.30 USD
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10/22/2025359.08 USD
10/21/2025352.43 USD
10/20/2025379.16 USD
10/19/2025378.56 USD
10/17/2025369.81 USD
10/16/2025370.80 USD
10/15/2025369.33 USD
10/14/2025359.65 USD
10/13/2025366.36 USD
10/12/2025364.49 USD
10/10/2025366.11 USD
10/9/2025366.95 USD
10/8/2025380.64 USD
10/7/2025396.42 USD
10/6/2025396.34 USD
10/5/2025409.99 USD
10/3/2025415.01 USD
10/2/2025414.90 USD
10/1/2025411.17 USD
9/30/2025404.03 USD
9/29/2025404.30 USD
9/28/2025399.57 USD
9/25/2025398.01 USD
9/24/2025393.75 USD
9/23/2025390.65 USD
9/22/2025395.55 USD
9/21/2025391.46 USD
9/19/2025389.86 USD
9/18/2025389.85 USD
9/17/2025384.25 USD
9/16/2025387.53 USD
9/15/2025395.01 USD
9/14/2025386.52 USD
9/12/2025382.86 USD
9/11/2025381.94 USD
9/10/2025397.42 USD
9/9/2025390.13 USD
9/8/2025401.79 USD
9/7/2025408.87 USD
9/5/2025408.99 USD
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9/3/2025403.39 USD
9/2/2025393.44 USD
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8/29/2025400.80 USD
8/28/2025402.38 USD
8/27/2025401.70 USD
8/26/2025408.67 USD
8/25/2025407.04 USD
8/24/2025408.00 USD
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8/20/2025405.63 USD
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8/11/2025422.54 USD
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8/6/2025416.30 USD
8/5/2025418.05 USD
8/4/2025428.25 USD
8/3/2025425.51 USD
Access this data via the Eulerpool API

Watsco Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
7.28 B USD
794.81 M USD
536.34 M USD
Jan 1, 2024
7.62 B USD
781.78 M USD
536.29 M USD
Jan 1, 2025
7.24 B USD
692.58 M USD
496.99 M USD
Jan 1, 2026 (e)
7.60 B USD
786.13 M USD
484.87 M USD
Jan 1, 2027 (e)
7.99 B USD
827.13 M USD
526.02 M USD
Jan 1, 2028 (e)
8.41 B USD
869.91 M USD
574.63 M USD
Jan 1, 2029 (e)
9.24 B USD
956.22 M USD
644.30 M USD
Jan 1, 2030 (e)
9.53 B USD
985.70 M USD
886.86 M USD

Watsco Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 3, 2026, 11:06 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
4.114.224.344.554.775.056.287.277.287.627.247.607.998.419.249.53
4.282.602.874.724.935.9524.2615.830.124.60-4.984.965.215.179.933.08
24.4824.5024.5324.6424.2324.1826.5427.9127.3526.8328.0428.0428.0428.0428.0428.04
1.011.031.071.121.161.221.672.031.992.042.032.132.242.362.592.67
336.00345.00353.00372.00366.00401.00628.00831.00794.00781.00692.00786.00827.00869.00956.00985.00
8.178.188.138.187.677.9310.0011.4210.9010.259.5610.3410.3510.3410.3410.34
172.00182.00208.00242.00245.00269.00418.00601.00536.00536.00496.00484.00526.00574.00644.00886.00
13.915.8114.2916.351.249.8055.3943.78-10.82-7.46-2.428.689.1312.2037.58
2.803.604.605.606.406.937.638.559.8010.5511.7012.6013.9915.54
40.0028.5727.7821.7414.298.2810.1012.0614.627.6510.907.6911.0311.08
35.3135.5337.2337.4638.2438.5738.8538.7539.4437.7537.9337.9337.9337.9337.9337.93
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Watsco generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Watsco retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Watsco's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Watsco has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Watsco's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Watsco stock margins

The Watsco margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Watsco. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Watsco.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
26.55 %
10.01 %
6.67 %
Jan 1, 2022
27.91 %
11.43 %
8.26 %
Jan 1, 2023
27.35 %
10.91 %
7.36 %
Jan 1, 2024
26.84 %
10.26 %
7.04 %
Jan 1, 2025
28.05 %
9.57 %
6.87 %
Jan 1, 2026 (e)
28.05 %
10.35 %
6.38 %
Jan 1, 2027 (e)
28.05 %
10.35 %
6.58 %
Jan 1, 2028 (e)
28.05 %
10.35 %
6.83 %

Watsco Stock Revenue, EBIT, Earnings per Share

The Watsco earnings per share therefore indicates how much revenue Watsco has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
161.66 USD
16.18 USD
10.78 USD
Jan 1, 2022
187.73 USD
21.46 USD
15.51 USD
Jan 1, 2023
184.67 USD
20.15 USD
13.60 USD
Jan 1, 2024
201.83 USD
20.71 USD
14.21 USD
Jan 1, 2025
190.87 USD
18.26 USD
13.10 USD
Jan 1, 2026 (e)
200.48 USD
20.73 USD
12.79 USD
Jan 1, 2027 (e)
210.93 USD
21.81 USD
13.88 USD
Jan 1, 2028 (e)
221.84 USD
22.94 USD
15.16 USD

Watsco business model & stock analysis

Watsco Inc is a leading US wholesaler of air conditioning and heating systems. The company was founded in 1956 and is headquartered in Miami, Florida. It has experienced rapid growth since its establishment and is now one of the largest companies in its industry. Its business model is focused on wholesale distribution, meaning that Watsco purchases air conditioning and heating systems from manufacturers at lower prices and resells them to dealers and installers. The company operates numerous sales offices and showrooms throughout North America to supply its customers with products. Its target market consists primarily of small and medium-sized installers and dealers. Watsco also works extensively with different innovative technologies, including an app that makes it easier for customers to order products and pay invoices. Watsco was founded in 1956 by two businessmen in South Florida. Starting as a small family business, it initially sold air conditioning units with a focus on wholesale distribution. Through family expansion and acquisitions of industry partners, the company experienced rapid growth, which has persisted to this day. Over the years, Watsco has continuously invested in technological advancements to better serve customers and improve company efficiency. The company is divided into several divisions, including air conditioning, heating, ventilation, refrigeration, and other miscellaneous products such as fasteners and roofing materials. Each division is further divided into different product lines, such as split systems, ductless systems, central heating systems, and accessories within the air conditioning division. Watsco offers a variety of HVAC products, including air conditioning units, heating systems, ventilation systems, and refrigeration systems. The product offering mainly consists of well-known brands such as Carrier, Trane, Lennox, and many more. The company focuses on providing innovative technology and design, as well as customized solutions, to help its customers meet their requirements more easily. In conclusion, Watsco has become an important and reputable wholesaler in the HVAC product industry. The company has a long history of growth and utilizes innovative technologies to better serve its customers. With its wide range of products and collaborations with renowned brands in the HVAC industry, Watsco has established itself as a leader in the field.

Watsco SWOT Analysis

Strengths

Watsco Inc has established itself as a prominent player in the HVAC (heating, ventilation, and air conditioning) industry, enjoying a strong market position.

The company benefits from an extensive distribution network, allowing it to reach a large customer base efficiently and effectively.

Watsco offers a wide range of HVAC products, giving it a competitive edge by catering to various customer needs and preferences.

Weaknesses

Due to its dependence on the construction sector and consumer spending, Watsco may experience declines in demand during economic downturns.

The company relies on suppliers for the procurement of HVAC products, which exposes it to potential supply chain disruptions and price fluctuations.

While Watsco has a strong presence in certain geographical areas, its operations are concentrated, which can limit growth opportunities in untapped markets.

Opportunities

As environmental concerns and energy regulations increase, there is a rising demand for energy-efficient HVAC products, which presents an opportunity for Watsco to expand its eco-friendly offerings.

The HVAC industry is continuously evolving, with advancements in technologies such as IoT and smart home systems. Watsco can capitalize on these innovations to develop and market cutting-edge solutions.

By diversifying its geographical presence and entering untapped markets, Watsco can extend its reach and tap into new customer segments, stimulating growth and increasing market share.

Threats

The HVAC industry is highly competitive, with numerous players vying for market share. Watsco faces the risk of losing customers and market position to its competitors.

Changes in government regulations regarding energy efficiency, environmental standards, and trade policies can impact Watsco's operations, requiring the company to adapt and comply with new requirements.

Fluctuations in the economy, including interest rates and consumer purchasing power, can have adverse effects on Watsco's sales and profitability, making it vulnerable to economic uncertainties.

Watsco Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Watsco Employees
Details
Date
Watsco Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Watsco Segments

Watsco Revenue by Region

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

United States
Latin America And The Caribbean
Latin America and Caribbean
CANADA
C A
MEXICO
M X
Details
Date
United States
Latin America And The Caribbean
Latin America and Caribbean
CANADA
C A
MEXICO
M X
Jan 1, 2018
4.13 B USD
0.00 USD
0.00 USD
291.69 M USD
0.00 USD
128.33 M USD
0.00 USD
Jan 1, 2019
4.18 B USD
292.12 M USD
0.00 USD
294.04 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
4.54 B USD
217.94 M USD
217.94 M USD
301.73 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
5.64 B USD
256.48 M USD
256.48 M USD
386.78 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
6.58 B USD
306.33 M USD
306.33 M USD
389.12 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
6.54 B USD
368.46 M USD
368.46 M USD
374.66 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
6.86 B USD
401.87 M USD
401.87 M USD
355.80 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
6.56 B USD
0.00 USD
344.26 M USD
338.11 M USD
0.00 USD
0.00 USD
0.00 USD

Watsco Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Watsco historical P/E ratio, EBIT multiple, and P/S ratio

Watsco annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Watsco shares outstanding

The number of shares of Watsco was 37.93 M in 2025. This indicates how many shares Watsco is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
38.85 M Stocks
Jan 1, 2022
38.75 M Stocks
Jan 1, 2023
39.44 M Stocks
Jan 1, 2024
37.75 M Stocks
Jan 1, 2025
37.93 M Stocks
Jan 1, 2026 (e)
37.93 M Stocks
Jan 1, 2027 (e)
37.93 M Stocks
Jan 1, 2028 (e)
37.93 M Stocks

Watsco stock splits

In Watsco's history, there have been no stock splits.

Watsco Dividend History

36 years of dividend payments · 12 consecutive increases

YearAnnual DividendYoY ChangePayments
20266.30USDYTD
Jan 16, 20263.00USD 0.0%1/2
Apr 16, 20263.30USD 10.0%2/2
202511.70USD 10.9%
Jan 17, 20252.70USD 0.0%1/4
Apr 15, 20253.00USD 11.1%2/4
Jul 16, 20253.00USD 0.0%3/4
Oct 16, 20253.00USD 0.0%4/4
202410.55USD 7.7%
20239.80USD 14.6%
20228.55USD 12.1%
20217.63USD 10.1%
20206.93USD 8.2%
20196.40USD 14.3%
20185.60USD 21.7%
20174.60USD 27.8%

Watsco dividend history and estimates

In 2025, Watsco paid a dividend amounting to 11.70 USD. Dividend means that Watsco distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2021
7.63 USD
0.00 USD
0.00 USD
Jan 1, 2022
8.55 USD
0.00 USD
0.00 USD
Jan 1, 2023
9.80 USD
0.00 USD
0.00 USD
Jan 1, 2024
10.55 USD
0.00 USD
0.00 USD
Jan 1, 2025
11.70 USD
0.00 USD
0.00 USD
Jan 1, 2026 (e)
6.30 USD
6.30 USD
0.00 USD
Jan 1, 2027 (e)
0.00 USD
13.99 USD
0.00 USD
Jan 1, 2028 (e)
0.00 USD
15.54 USD
0.00 USD

Watsco dividend payout ratio

In 2025, Watsco had a payout ratio of 89.29%. The payout ratio indicates the percentage of the company's profits that Watsco distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
70.71 %
Jan 1, 2022
55.11 %
Jan 1, 2023
72.07 %
Jan 1, 2024
74.26 %
Jan 1, 2025
89.29 %
Jan 1, 2026 (e)
98.49 %
Jan 1, 2027 (e)
100.82 %
Jan 1, 2028 (e)
102.50 %

Current Watsco forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
11.26 %
Buy
25.00 % (5)
Hold
70.00 % (14)
Sell
5.00 % (1)
12M Price Target
433.50
Last Price
309.30
Currency
USD
12M Return Potential
40.16 %
LTM Return
0 %

Watsco Analyst Rating Actions

DateFirmActionRatingReliability
7/30/2026
DA Davidson
DA Davidson
MaintainedNeutral
7/28/2026
Baird
Baird
MaintainedOutperform
7/10/2026
Morgan Stanley
Morgan Stanley
MaintainedEqual Weight60
4/29/2026
Stephens & Co.
Stephens & Co.
MaintainedOverweight
2/19/2026
JP Morgan
JP Morgan
MaintainedNeutral80
1/16/2026
JP Morgan
JP Morgan
MaintainedNeutral80
1/14/2026
Morgan Stanley
Morgan Stanley
MaintainedEqual Weight60
1/5/2026
Mizuho
Mizuho
MaintainedNeutral31
11/6/2025
UBS
UBS
MaintainedNeutral51
10/30/2025
JP Morgan
JP Morgan
MaintainedNeutral80

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Watsco Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/4/20264.49USD-2.17 BUSD-2026 Q2
4/28/20261.71USD-1.50 BUSD-2026 Q1
2/18/20261.90USD-1.64 BUSD-2025 Q4
4/18/20242.80USD-1.64 BUSD-2024 Q1
2/14/20242.47USD-1.67 BUSD-2023 Q4
7/24/20234.86USD-2.25 BUSD-2023 Q2
4/19/20232.47USD-1.59 BUSD-2023 Q1
2/8/20232.15USD-1.63 BUSD-2022 Q4
10/20/20224.41USD-2.07 BUSD-2022 Q3
7/26/20225.10USD-2.21 BUSD-2022 Q2
...

EESG©

Eulerpool ESG Scorecard© for the Watsco stock

44/100
20
Environment
41
Social
71
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees21
Percentage of women in management
Percentage of Asian employees1.2
Share of Asian management
Percentage of Hispanic/Latino employees19.3
Hispano/Latino Management share
Percentage of Black employees12.7
Black Management Share
Percentage of white employees64.7
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Watsco shareholder structure

% Name
12.25041%
Capital International Investors
Capital International Investors
10.79173%
BLACKROCK, INC.
BLACKROCK, INC.
9.25650%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
9.17478%
CAPITAL INTERNATIONAL INVESTORS
CAPITAL INTERNATIONAL INVESTORS
8.35661%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
5.00952%
CAPITAL RESEARCH GLOBAL INVESTORS
CAPITAL RESEARCH GLOBAL INVESTORS
...

Watsco Beneficial Ownership Filings (SEC 13D/G)

Free Float
80.5%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
13.96%
(on behalf of Merrill Lynch Asset Management Group ("AMG"))**
(on behalf of Merrill Lynch Asset Management Group ("AMG"))**
SEC ↗
11.00%
Baillie Gifford & Co (Scottish partnership)
Baillie Gifford & Co (Scottish partnership)
SEC ↗
11.00%
(: 22-3330049
(: 22-3330049
SEC ↗
10.90%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
10.80%
WAM Acquisition GP, Inc.
WAM Acquisition GP, Inc.
SEC ↗
10.51%
Abigail P. Johnson
Abigail P. Johnson
SEC ↗
10.10%
Capital International Investors
Capital International Investors
SEC ↗
10.03%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
9.74%
Edward C. Johnson 3d
Edward C. Johnson 3d
SEC ↗
9.22%
Merrill Lynch Special Value Fund, Inc.
Merrill Lynch Special Value Fund, Inc.
SEC ↗

Watsco Executives and Management Board

10 members · avg. age 65 · 40 % women

AN

Mr. Aaron Nahmad (43)

President, Co-Vice Chairman of the Board · since 2005

9.97 M USD

Management

AN

Mr. Albert Nahmad (84)

Chairman of the Board, Chief Executive Officer · since 1972

6.38 M USD
BL

Mr. Barry Logan (61)

Executive Vice President, Secretary, Director · since 1996

448,025.00 USD
AM

Ms. Ana Menendez (60)

Chief Financial Officer, Treasurer

358,625.00 USD

Board of Directors

VS

Ms. Valerie Schimel (56)

Director

179,045.00 USD
AL

Ms. Ana Lopez-Blazquez (67)

Independent Director

129,028.00 USD
CA

Mr. Cesar Alvarez (77)

Independent Co-Vice Chairman of the Board

39,883.00 USD
DD

Dr. Denise Dickins (63)

Independent Director

25,000.00 USD
JC

Mr. J. Michael Custer (62)

Lead Independent Director

10,000.00 USD
GT

Mr. Gary Tapella (81)

Independent Director

Watsco Supply Chain

Watsco Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
30 companies
#Nameβ 1YTrend
1
Welbilt
Supplier·Machinery·US
0.14
0.55
0.22
0.05
0.15
0.88
2
Berkshire Hathaway Inc.
Supplier
0.57
0.70
0.88
-0.16
0.18
0.87
3
Owens Corning
Supplier·Building Products·US
-0.77
-0.81
-0.12
0.03
-0.01
0.87
-0.01
4
Trane Technologies plc
Supplier·Building Products·IE
0.97
0.88
0.38
0.67
0.32
0.86
0.36
5
Berkshire Hathaway B
Supplier·US
0.97
0.82
0.89
-0.18
0.16
0.86
#Nameβ 1YTrend
1
AB Electrolux (publ)
Supplier
0.76
0.27
2
Daikin Industries,Ltd.
Supplier
0.75
0.68
0.02
0.52
0.12
3
Mitsubishi Electric Corporation
Supplier
0.61
0.71
-0.45
0.24
4
Fujitsu Limited
Supplier
-0.28
-0.40
-0.38
0.34
5
Toshiba Corporation
Supplier
-0.71
-0.75
-0.63
0.17
0.35

Frequently asked questions about Watsco

The business model of Watsco Inc revolves around the distribution of HVAC (Heating, Ventilation, and Air Conditioning) products to HVAC contractors and technicians. As the leading distributor of HVAC products in North America, Watsco partners with various manufacturers to provide a wide range of residential and commercial HVAC systems, equipment, and parts. By leveraging its extensive distribution network, Watsco ensures prompt delivery, offers technical support, and enhances customer satisfaction. With a focus on innovation and sustainable solutions, Watsco strives to meet the evolving needs of its customers, assisting them in creating efficient and comfortable environments.

Watsco Inc is primarily active in the HVAC (Heating, Ventilation, and Air Conditioning) industry.

The main competitors of Watsco Inc in the market include Carrier Global Corporation, Johnson Controls International PLC, and Lennox International Inc.

Watsco Inc is a leading distributor of HVAC (heating, ventilation, and air conditioning) products and refrigeration systems. Founded in 1956, the company has grown to become one of the largest providers in the industry. With headquarters in Miami, Florida, Watsco Inc serves customers across North America and operates through a network of more than 600 locations. Over the years, the company has consistently expanded its product offerings and enhanced its customer service capabilities. Watsco Inc focuses on forging strong relationships with contractors, offering a wide range of high-quality products, and embracing technological advancements to meet the evolving needs of the HVAC industry.

Watsco Inc, a prominent HVAC distributor, has achieved several significant milestones. The company expanded its operations geographically, establishing a strong presence across North America through strategic acquisitions. Watsco Inc also surpassed the $4 billion mark in annual revenues, demonstrating consistent growth and financial success. Moreover, the company managed to cultivate long-term partnerships with leading HVAC manufacturers, enabling it to offer a diverse range of high-quality products to customers. Watsco Inc has consistently been recognized as an industry leader, emphasizing its commitment to customer satisfaction, innovation, and excellence. These achievements solidify Watsco Inc's position as a reputable and successful player in the HVAC industry.

Watsco Inc is primarily present in the United States.

Watsco Inc represents a strong commitment to integrity, innovation, and customer satisfaction. The company believes in conducting business ethically and making decisions that benefit both shareholders and stakeholders. Watsco follows a corporate philosophy that emphasizes long-term growth, operational excellence, and strategic partnerships. By providing quality products and services, Watsco aims to enhance its customers' comfort and improve overall energy efficiency. With a focus on continuous improvement and technological advancements, the company remains dedicated to being a leader in the HVAC industry. Watsco Inc strives to create value for its shareholders while maintaining a positive impact on society and the environment.

Analysts currently set an average price target of 421.36 USD for the Watsco stock (median: 433.50 USD), implying +36.2 % versus the latest price. The consensus is based on 20 analyst ratings.

20 analysts currently rate the Watsco stock: 5 recommend buying, 14 holding and 1 selling. For 2026, analysts expect Watsco to generate revenue of 7.60 B USD and earnings per share of 12.78 USD.

Converted at the current exchange rate, the Watsco share trades at 268.05 EUR (309.30 USD).

The Watsco share (WSO) is listed on 5 stock exchanges, including: NYSE (WSO), Frankfurt (WC3.F), München (WC3.MU), Düsseldorf (WC3.DU), SIX (Zürich) (WC3.SW).

Watsco Inc is a leading distributor of air conditioning, ventilation, and heating systems, as well as other related products in the USA. The company was founded in 1956 and is headquartered in Miami, Florida. The business model of Watsco is focused on providing customers with high-quality products and services. The company operates more than 500 distribution locations and serves customers in North America, Latin America, and the Caribbean. One of the main divisions of Watsco is the sale of air conditioning units. The company offers a wide range of brands such as Carrier, Lennox, Trane, Honeywell, and more. Watsco sells both centralized and decentralized air conditioning systems suitable for residential and commercial buildings. Additionally, the company offers various types of air conditioning units such as split systems, mini-split systems, packaged systems, and window air conditioners. Another important area of Watsco is the supply of spare parts and accessories for air conditioning and heating systems. The company holds over 1 million parts in stock and offers both original parts and aftermarket products. Customers can purchase spare parts and accessories online or at the company's retail locations. Watsco also provides installation and maintenance services for air conditioning and heating systems. The company has over 5,000 qualified technicians who can assist customers with the installation and maintenance of air conditioning and heating systems. Customers can choose between maintenance or repair services to ensure optimal performance of their climate and heating systems. In addition to the services mentioned above, Watsco also offers a selection of ventilation and heating systems. The company sells different types of heating systems such as heat pumps, boilers, and energy-efficient heaters. Additionally, Watsco offers a wide range of ventilation systems, such as rooftop ventilation units, circulating fans, and wall fans. Overall, the business model of Watsco is focused on providing customers with a comprehensive range of air conditioning, ventilation, heating, spare part, and service solutions. The company has a strong focus on customer service and offers a wide range of products and services to meet the needs of its customers. In this way, Watsco has become one of the largest distributors of air conditioning and heating systems in North America.

The expected revenue of Watsco is 7.60 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Watsco is 484.87 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Watsco is currently 24.19. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Watsco stock.

The price-to-sales ratio (P/S) of Watsco is currently 1.54. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Watsco stock.

The Eulerpool Quality Score for Watsco is 6/10.

The ISIN of Watsco is US9426222009. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Watsco is 885676. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Watsco is WSO. The ticker symbol is used to trade Watsco shares on the stock exchange.

Over the past 12 months, Watsco paid a dividend of 11.70 USD . This corresponds to a dividend yield of about 3.78 %. For the coming 12 months, Watsco is expected to pay a dividend of 13.99 USD.

The current dividend yield of Watsco is 3.78 %.

Watsco pays a dividend, distributed in the months of , , , .

Watsco paid dividends every year for the past 35 years.

For the upcoming 12 months, dividends amounting to 13.99 USD are expected. This corresponds to a dividend yield of 4.50 %.

Watsco is assigned to the 'Industry' sector.

In the year 2025, Watsco distributed 10.55 USD as dividends.

The dividends of Watsco are distributed in USD.

All fundamentals and in-depth analysis of Watsco

Our stock analysis for Watsco stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Watsco. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.