Watsco, Inc.
WSO-B
New York Stock Exchange385.00
USD
+3.30
- -
Watsco, Inc.
WSO-B
(New York Stock Exchange)
Recent
price
385.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Watsco, Inc. distributes air conditioning, heating, and refrigeration equipment and related parts and supplies in the HVAC/R replacement market; its core products encompass residential and commercial HVAC units including air conditioners, heat pumps, furnaces, condensing units, compressors, evaporators, valves, refrigerants, walk-in coolers, ice machines, and non-equipment items such as parts, ductwork, air movement products, insulation, tools, installation supplies, thermostats, and air quality products from manufacturers including Flexible Technologies, Resideo Technologies, Copeland Corporation, Chemours, Mueller Industries, and Welbilt. The company operates approximately 702 locations across the United States, Canada, Mexico, Puerto Rico, and exports to Latin America and the Caribbean, serving HVAC/R contractors, technicians, building owners, and emerging large enterprise customers. Founded in 1947 and headquartered in Miami, Florida, Watsco employs a decentralized model with over 7,300 employees and maintains a leading position in the fragmented North American HVAC/R distribution industry through its buy-and-build strategy. In 2025, Watsco completed three acquisitions adding 10 locations and $47 million in annualized sales in high-growth Sunbelt markets: Southern Ice Equipment Distributors in May, a leading food-service and commercial refrigeration distributor with seven locations across Louisiana, Mississippi, Arkansas, Texas, New Mexico, and Arizona; Hawkins HVAC Distributors in April with sites in Charlotte and Columbia, South Carolina; and Lashley & Associates in January, a Houston-based distributor of commercial supplies and custom air movement products. The company continues aggressive acquisition activity, having completed 72 deals since 1989 including 12 since 2019 representing $1.6 billion in annualized sales and 120 locations, while investing over $250 million in technology such as mobile apps, e-commerce platforms generating $2.5 billion or 34% of sales, AI initiatives, and Project WatscoOne launching in early 2026 for enterprise-wide solutions in sales, marketing, pricing, product assortment, and order management.