Watsco, Inc.

Watsco, Inc.

319.52
USD
+7.83
(+2.51%)
13.76EPS
35.69P/E
17.16BMarket Cap
Feb 17Next Earn
Watsco, Inc.
NYSE:WSO
(New York Stock Exchange)

Recent

price

319.52

P/E

ratio

35.69

div

yld

3.83%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
USD
87.66
90.22
99.41
107.79
112.68
116.48
118.79
116.63
121.37
124.74
131.06
161.66
187.49
184.45
188.8
178.41
- -
Revenue per Share
2.49
2.74
2.99
3.68
4.32
4.9
5.15
5.59
6.48
6.43
6.99
10.78
15.49
13.58
13.29
12.25
- -
Basic EPS, GAAP
4.71
1.86
5.02
4.33
4.14
6.31
7.93
8.23
4.55
8.78
13.85
9
14.74
14.23
19.16
14.04
- -
Free Cash Flow per Basic Share
2.03
2.22
7.42
1.15
2
2.79
3.59
4.41
5.58
6.31
6.89
7.58
8.57
9.69
10.5
11.68
9.21
Dividend per Share
23.56
24.32
21.67
24.2
25.25
27.11
28.31
34.86
35.98
37.54
38.54
42.86
48.69
56.47
65.84
68.55
- -
Book Value per Share
12.45
12.36
3.81
7.02
8.86
11.85
13.16
20.26
21.57
22.28
23.44
26.87
33.08
39.37
49.48
51.96
- -
Tangible Book Value per Share
32
33
35
35
35
35
36
37
37
38
39
39
39
39
40
41
41
Basic Weighted Avg Shares
2,845
2,978
3,432
3,743
3,945
4,113
4,221
4,342
4,547
4,770
5,055
6,280
7,274
7,284
7,618
7,239
- -
Sales/Revenue/Turnover
5.82
6.68
6.55
7.25
7.75
8.19
8.19
8.06
7.98
7.48
7.71
9.7
11.12
10.55
9.86
9.57
- -
Operating Margin (%)
11
12
16
18
18
19
20
22
22
25
26
28
32
35
41
44
- -
Depreciation Expense
81
90
103
128
151
173
183
208
243
246
270
419
601
536
536
497
- -
Net Income, GAAP
31.07
29.21
28.44
29.26
30.56
31.61
30.98
25.96
19.71
18.49
19.17
20.52
15.16
19.72
20.79
20.35
- -
Effective Tax Rate (%)
2.84
3.04
3.01
3.41
3.84
4.2
4.33
4.8
5.34
5.16
5.33
6.67
8.26
7.36
7.04
6.87
- -
Profit Margin (%)
572
605
733
778
870
911
925
921
1,084
1,085
997
1,235
1,392
1,680
2,096
2,237
- -
Working Capital
10
- -
316
231
304
246
236
22
136
312
144
285
244
305
337
362
- -
LT Debt
929
1,002
1,022
1,127
1,132
1,204
1,252
1,551
1,602
1,715
1,780
1,997
2,248
2,616
3,064
3,222
- -
Total Equity
12.36
14.37
13.64
14.23
15.2
15.96
16.24
17.12
18.04
15.6
15.84
22.9
28.19
22.55
18.96
15.91
- -
Return on Invested Capital (%)
5.65
4.72
4.44
5.33
6.99
8.53
9
10.71
11.57
10.4
10.61
15.58
20
15.64
13.37
11.27
- -
Return on Capital (%)
10.75
11.54
13.32
16.08
17.56
18.78
18.62
18.08
18.36
17.67
18.45
26.59
33.83
26.04
21.95
18.28
- -
Return on Common Equity (%)

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
118
120
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
369
416
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
41
41
42
Market Capitalization
14,790
17,164
12,589

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
3,181
3,454
- -
Cash, Cash Equivalents & STI
593
464
- -
Accounts Receivable, Net
839
1,061
- -
Inventories
1,715
1,890
- -
Total Current Liabilities
952
1,080
- -
Payables & Accruals
834
960
- -
ST Debt
118
120
- -
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.54%
12.69%
5.15%
Free Cash Flow
18.54%
7.71%
-26.32%
Net Income, GAAP
12.79%
16.16%
-7.33%
Sales/Revenue/Turnover
6.09%
7.96%
-4.98%
Total Cash Common Dividend
17.24%
12.27%
11.86%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,565
2,139
2,160
1,754
7,618
2025
1,531
2,062
2,067
1,579
7,239
2026
1,533
2,105
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.16
4.5
4.24
2.4
13.29
2025
1.98
4.53
3.98
1.77
12.25
2026
1.94
3.97
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.4
2.7
2.7
2.7
10.5
2025
2.69
3
3
3
11.68
2026
3
3.26
- -
- -
- -
Business
Watsco, Inc. Watsco, Inc. (NYSE: WSO) distributes air conditioning, heating, and refrigeration equipment and related parts and supplies throughout the United States, Canada, Mexico, Puerto Rico, and on an export basis to Latin America and the Caribbean. The company offers residential ducted and ductless air conditioners; gas, electric, and oil furnaces; commercial air conditioning and heating systems; refrigeration units including compressors, evaporators, walk-in coolers, and ice-making machines; parts such as motors, controls, and refrigerants; specialty products like air purification and ventilation systems; and value-added services including technical support, training programs, and e-commerce platforms. Watsco, Inc. operates through a decentralized network of over 700 locations, serving more than 375,000 contractors, technicians, and installers primarily in the replacement market driven by aging systems and energy efficiency demands. Founded in 1945 and headquartered in Miami, Florida, the company employs approximately 7,300 people and focuses on the HVAC/R distribution industry. In 2025, Watsco, Inc. completed strategic acquisitions including Southern Ice Equipment Distributors in May, adding seven locations across Sunbelt states for food-service and commercial refrigeration; Lashley & Associates in January, enhancing commercial supplies and air movement products in Houston; and Hawkins HVAC Distributors in April, expanding HVAC equipment distribution in North and South Carolina, collectively contributing 10 new locations and about $47 million in annualized sales.

Company News

  • Heartland Opportunistic Value Equity Strategy Q3 2026 Portfolio Review

  • Watsco: A Great Opportunity For Long-Term Dividend Growth Investors

  • Watsco Remains Overvalued Even Following The Significant Decline From Its All-Time High In 2024

  • Brown Advisory Flexible Equity Strategy: Q3 2026 Top Contributors And Detractors

  • Watsco, Inc. (WSO) Q3 2026 Earnings Call Transcript

  • Watsco (WSO) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

  • Watsco (WSO) Q3 Earnings Miss Estimates

  • Watsco Reports Record Third Quarter Sales, Strong Cash Flow and Improving Demand

  • Nobody Brags About Owning an HVAC Distributor. Watsco and Ferguson Shareholders Don't Mind

  • Watsco (WSO) Expected to Release Quarterly Earnings on Tuesday

  • Watsco (WSO) Soars 7.2%: Is Further Upside Left in the Stock?

  • Watsco Completes $750 Million Unsecured Senior Credit Facility

  • Watsco, Inc. $WSO Holdings Lowered by Carnegie Investment Counsel

  • Watsco (WSO) Earnings Expected to Grow: Should You Buy?

  • Birch Hill Investment Advisors LLC Makes New Investment in Watsco, Inc. $WSO

  • Heartland Mid Cap Value Fund Q3 2026 Portfolio Activity

  • BBH Capital Partners Private Equity Exits The Granite Group

  • Top 50 High-Quality Dividend Growth Stocks For October 2026

  • Watsco Schedules Third Quarter Conference Call On Tuesday, October 27, 2026 at 10:00 a.m. (EDT)

  • Watsco (NYSE:WSO) Hits New 52-Week Low – Here’s What Happened