Watsco, Inc. (WSO)
| Market Cap | 16.52B |
| Revenue (ttm) | 7.24B |
| Net Income (ttm) | 463.20M |
| Shares Out | 37.94M |
| EPS (ttm) | 12.18 |
| PE Ratio | 35.85 |
| Forward PE | 36.18 |
| Dividend | $13.20 (3.02%) |
| Ex-Dividend Date | Apr 16, 2026 |
| Volume | 700,277 |
| Open | 459.00 |
| Previous Close | 456.86 |
| Day's Range | 420.05 - 459.00 |
| 52-Week Range | 323.05 - 496.25 |
| Beta | 1.05 |
| Analysts | Hold |
| Price Target | 377.50 (-13.3%) |
| Earnings Date | Apr 28, 2026 |
About WSO
Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, and refrigeration equipment, and related parts and supplies in the United States, Canada, Latin America, and the Caribbean. It 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. The company also offers parts comprising replacement compressors, evaporator coils, motors, and other c... [Read more]
Financial Performance
In 2025, Watsco's revenue was $7.24 billion, a decrease of -4.98% compared to the previous year's $7.62 billion. Earnings were $464.18 million, a decrease of -6.96%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for WSO stock is "Hold." The 12-month stock price target is $377.5, which is a decrease of -13.30% from the latest price.
News
Watsco Earnings Call Transcript: Q1 2026
First quarter showed improving stability and 2% U.S. sales growth, with e-commerce and digital platforms outpacing overall performance. The Jackson Supply acquisition expands Sunbelt presence, while ongoing investments in technology and pricing tools support long-term margin goals.
Watsco First Quarter Performance Reflects Stabilizing Markets, Improved Operating Efficiency and Expanded Technology Adoption
Company to Acquire Jackson Supply Company, Leading Sunbelt Distributor with Annual Sales of $230 Million Company to Acquire Jackson Supply Company, Leading Sunbelt Distributor with Annual Sales of $23...
Watsco To Acquire Jackson Supply Company
$230 Million Distributor Adds 25 Locations in Core Sunbelt Markets Buy-and-Build Opportunity Adds Scale and Leverages Long-Term Technology Advantage MIAMI, April 28, 2026 (GLOBE NEWSWIRE) -- Watsco,...
Wall Street's Most Accurate Analysts Weigh In On 3 Industrials Stocks With Over 3% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Watsco Schedules First Quarter Conference Call On Tuesday, April 28, 2026
MIAMI, April 10, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it has scheduled a conference call to discuss its 2026 first quarter results on Tuesday, April 28, 2026 at 10:00...
Watsco Declares $3.30 Quarterly Dividend
MIAMI, April 01, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $3.30 on each outstanding share of its Common and Class B comm...
Watsco Transcript: JPMorgan Industrials Conference 2026
The company is leveraging advanced technology and a strong equity-driven culture to support contractors and drive growth, with digital tools reducing attrition and boosting high-efficiency product sales. Positive sales momentum is emerging, inventory is well-managed, and pricing strategies are expected to sustain margin improvements.
Watsco to Participate in the J.P. Morgan Industrials Conference on March 17, 2026 at 10:10 a.m.
MIAMI, March 16, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) today announced its participation in the upcoming J.P. Morgan 2026 Industrials Conference.
Watsco Earnings Call Transcript: Q4 2025
Double-digit pricing gains and improved gross margins offset a 17% decline in residential unit volumes, while record cash flow and a 10% dividend increase highlight strong capital discipline. Ongoing investments in technology and efficiency position the business for gradual margin improvement as the industry normalizes.
Watsco Boosts Annual Dividend 10% to $13.20 Per Share
MIAMI, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced that its Board of Directors approved a 10% increase in its annual dividend to $13.20 per share on each outstanding share of i...
Watsco Reports Record Full-Year Gross Margin, Meets Inventory Reduction Target and Generates Record 4th Quarter Cash Flow in Challenging Market Conditions
Boosts Annual Dividend 10% to $13.20 Per Share Entrepreneurial Culture, Transformational Technologies and Debt-Free Balance Sheet Positions Company for Growth MIAMI, Feb. 17, 2026 (GLOBE NEWSWIRE) -- ...
Watsco Schedules Conference Call to Review 2025 Fourth Quarter Performance and Annual Results
MIAMI, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it has scheduled a conference call to discuss its 2025 fourth quarter performance and annual results on Tuesday, ...
Watsco Declares $3.00 Quarterly Dividend
MIAMI, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $3.00 on each outstanding share of its Common and Class B commo...
Watsco Transcript: Investor Day 2025
Ambitious growth targets focus on $10B sales, 30% margins, and five inventory turns, driven by digital transformation, AI, and collaborative operational initiatives. Technology adoption, supply chain optimization, and new platforms like SupplySync.com are expected to boost non-equipment sales, margins, and customer loyalty.
Watsco Earnings Call Transcript: Q3 2025
Earnings and cash flow remained strong despite a 4% sales decline and industry volatility, with gross margins expanding to 27.5%. The A2L transition is nearly complete, e-commerce and digital platforms are driving growth, and inventory and cash positions are robust.
Watsco Reports Record Third Quarter Gross Profit, Gross Margin and Operating Cash Flow in Challenging Market Conditions
Strong Balance Sheet and Market-Leading Technologies Enable Continued Investments in Growth Strong Balance Sheet and Market-Leading Technologies Enable Continued Investments in Growth
Watsco to Host Investor Day to Showcase Transformational Technologies and New Strategies that Enhance Long-Term Growth and Profitability
MIAMI, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today it will hold a meeting for institutional investors and analysts on Thursday December 11, 2025 in Coral Gables, Florida...
Watsco Schedules Third Quarter Earnings Call on October 29, 2025
MIAMI, Oct. 13, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host its third quarter 2025 conference call on Wednesday, October 29, 2025 at 10:00 a.m. (EDT). Prepared ...
Watsco Transcript: Morgan Stanley’s 13th Annual Laguna Conference
HVAC market demand is down, driven by declines in new construction and subdued consumer spending, but pricing and margins remain stable. Inventory normalization is nearly complete, and growth initiatives with OEM partners are planned for next year. Dividend growth is supported by strong cash flow and no debt.
Watsco to Present at the 13th Annual Morgan Stanley Laguna Conference on September 11, 2025 at 4:50 p.m. PDT
MIAMI, Sept. 11, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Barry S. Logan, Executive Vice President, is scheduled to present at the 13th Annual Morgan Stanley Laguna Confe...
Watsco Earnings Call Transcript: Q2 2025
Q2 saw a 4% sales decline year-over-year, but record gross margins and higher EBIT, driven by pricing actions and technology. The A2L refrigerant transition increased costs and inventory, but margin expansion and digital growth offset volume weakness.
Watsco Reports Second Quarter 2025 Results and Provides Update on Innovation & Strategic Technology Initiatives
Record Gross Profit Margins & Expanded Operating Margins Amidst A2L Product Transition; Strong Balance Sheet Fortifies the Company and Enables Continued Investments in Growth
Watsco Schedules Second Quarter Earnings Call on July 30, 2025
MIAMI, July 18, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host its second quarter 2025 conference call on Wednesday, July 30, 2025 at 10:00 a.m. (EDT). Prepared re...
Watsco, Inc. (WSO) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Contact the Firm to Learn More About the Investigation
NEW YORK, NY / ACCESS Newswire / May 22, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Watsco, Inc. ("Watsco" or "the Company") (NYSE: WSO). In...
Bronstein, Gewirtz & Grossman, LLC Encourages Watsco, Inc. (WSO) Shareholders to Inquire about Securities Investigation
NEW YORK, NY / ACCESS Newswire / May 21, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Watsco, Inc. ("Watsco" or "the Company") (NYSE: WSO). In...