Company Overview
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 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. It 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.
Why Investors Should Care
Generates a return on equity of 16.7%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 18.7%.
Trades at a P/E of 28.7, below the sector median of 29.9.
Carries low leverage with a debt-to-equity ratio of 0.15.
Offers a dividend yield of 4.10%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $7.24B (-5.0% YoY); net profit $496.99M.
- Trailing 12 Months Year-on-year growth — revenue +2.1%, earnings -11.7%.
- 5-Year Trend Long-term compounding — revenue CAGR -0.2%, profit CAGR -6.1%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -0.16% |
| 1 Year: | 2.10% |
Compounded Profit Growth
| 5 Years: | -6.15% |
| 1 Year: | -11.70% |
Stock Price Performance
| 1 Year: | -23.98% |
| 6 Months: | -15.91% |
| 3 Months: | -27.88% |
| 1 Month: | -7.27% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- Death Cross5d ago
- RSI (14)20.32 · Oversold
P/E of 28.65 is below the sector median of 29.87 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Attractive dividend yield of 4.10%.
- Generates positive free cash flow.
CONS
- Revenue declined at -0.2% CAGR over 5 years.
- Earnings shrank at -6.1% CAGR over 5 years.
- Trading 28.4% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
- RSI at 20 suggests oversold conditions.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | WSO-B Watsco, Inc. | 321.76 | 28.65 | $13.08B | 4.10% | 18.73% | 16.74% | -0.16% | -6.15% |
| 2 | GE GE Aerospace SPX | 360.07 | 44.62 | $375.67B | 0.53% | 11.89% | 45.43% | 16.32% | 195.89% |
| 3 | CAT Caterpillar Inc. SPX | 814.81 | 40.42 | $375.29B | 0.70% | 17.98% | 51.33% | 2.29% | 5.24% |
| 4 | RTX RTX Corporation SPX | 215.22 | 40.30 | $289.83B | 1.51% | 8.28% | 11.57% | 2.61% | 2.62% |
| 5 | GEV GE Vernova Inc. SPXAI | 990.29 | 28.32 | $266.11B | 0.19% | 6.30% | 75.71% | 8.68% | - |
| 6 | UNP Union Pacific Corporation SPX | 292.13 | 24.06 | $173.44B | 1.91% | 15.22% | 40.69% | 2.30% | 7.77% |
| 7 | BA The Boeing Company SPX | 216.14 | 85.09 | $170.38B | 0.00% | -9.01% | - | 1.67% | -3.28% |
| 8 | ETN Eaton Corporation plc SPXAI | 415.20 | 39.36 | $161.22B | 1.06% | 11.53% | 20.84% | 4.73% | 10.38% |
| 9 | DE Deere & Company SPX | 592.67 | 33.58 | $160.08B | 1.11% | - | 18.35% | 3.43% | 5.10% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | - | 1.53B | 2.06B | 2.07B | 1.58B | 1.53B | - |
| Cost of Revenue | - | 1.10B | 1.46B | 1.50B | 1.15B | 1.11B | - |
| Gross Profit | - | 429.62M | 603.49M | 568.91M | 428.44M | 427.56M | - |
| Operating Expenses | - | 322.58M | 331.62M | 343.65M | 332.64M | 322.85M | - |
| Operating Income | - | 107.04M | 271.87M | 225.26M | 95.79M | 104.70M | - |
| EBITDA | - | 117.82M | 282.78M | 236.25M | 106.86M | 115.72M | - |
| Interest Expense | - | - | - | - | - | - | - |
| Pretax Income | - | 117.61M | 274.20M | 238.50M | 107.38M | 116.64M | - |
| Tax Provision | - | 23.07M | 57.43M | 49.27M | 20.33M | 23.70M | - |
| Net Income | - | 80.06M | 183.61M | 161.57M | 71.75M | 79.07M | - |
| Diluted EPS | - | - | 4.23 | 3.72 | 1.57 | 1.75 | 3.71 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 7.27B | 7.28B | 7.62B | 7.24B |
| Cost of Revenue | - | 5.24B | 5.29B | 5.57B | 5.21B |
| Gross Profit | - | 2.03B | 1.99B | 2.04B | 2.03B |
| Operating Expenses | - | 1.22B | 1.22B | 1.29B | 1.34B |
| Operating Income | - | 808.91M | 768.63M | 751.27M | 692.58M |
| EBITDA | - | 840.59M | 803.72M | 792.10M | 736.33M |
| Interest Expense | 996.00K | 2.17M | 4.92M | - | - |
| Pretax Income | - | 829.41M | 789.89M | 802.64M | 737.68M |
| Tax Provision | - | 125.72M | 155.75M | 166.90M | 150.09M |
| Net Income | - | 601.17M | 536.34M | 536.29M | 496.99M |
| Diluted EPS | - | 14.17 | 12.65 | 12.36 | 11.44 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 3.49B | 3.73B | 4.48B | 4.41B |
| Current Assets | - | 2.30B | 2.39B | 3.08B | 2.95B |
| Cash & Equivalents | - | 147.50M | 210.11M | 526.27M | 433.28M |
| Inventory | - | 1.37B | 1.35B | 1.39B | 1.39B |
| Receivables | - | 747.11M | 797.83M | 877.93M | 796.18M |
| Total Liabilities | - | 1.24B | 1.11B | 1.42B | 1.19B |
| Current Liabilities | - | 906.52M | 712.01M | 983.90M | 717.74M |
| Long Term Debt | 89.00M | - | 15.40M | - | - |
| Total Debt | - | 390.53M | 404.79M | 447.46M | 478.79M |
| Total Equity | - | 1.89B | 2.23B | 2.66B | 2.78B |
| Shares Outstanding | - | 43.67M | 44.32M | 44.44M | 44.64M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 571.96M | 561.95M | 773.10M | 569.61M |
| Investing Cash Flow | - | -33.84M | -41.34M | -290.67M | -98.12M |
| Financing Cash Flow | - | -503.96M | -460.08M | -158.53M | -568.12M |
| Capital Expenditure | - | -35.65M | -35.48M | -30.09M | -34.55M |
| Free Cash Flow | - | 536.31M | 526.48M | 743.01M | 535.06M |
| Net Change in Cash | - | 34.17M | 60.53M | 323.90M | -96.62M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 27.9% | 27.4% | 26.8% | 28.0% |
| Operating Margin % | - | 11.1% | 10.6% | 9.9% | 9.6% |
| Net Margin % | - | 8.3% | 7.4% | 7.0% | 6.9% |
| ROE % | - | 31.8% | 24.1% | 20.2% | 17.9% |
| ROCE % | - | 31.3% | 25.5% | 21.5% | 18.7% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Dimensional Fund Advisors LP | 0.18% | 10.27K | $3.30M |
| 2 | Gabelli Funds, LLC | 0.14% | 7.80K | $2.51M |
| 3 | FAS Wealth Partners, Inc. | 0.04% | 2.16K | $695.97K |
| 4 | Goldman Sachs Group Inc | 0.02% | 1.37K | $440.17K |
| 5 | Df Dent & Co Inc | 0.02% | 1.25K | $400.59K |
| 6 | UMB Bank NA/MO | 0.01% | 332 | $106.82K |
| 7 | Raymond James Financial, Inc. | 0.01% | 557 | $179.22K |
| 8 | Morgan Stanley | 0.01% | 589 | $189.52K |
| 9 | Crews Bank & Trust | 0.01% | 500 | $160.88K |
| 10 | Tower Research Capital LLC (TRC) | - | 11 | $3.54K |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for WSO-B
WSO-B — Frequently Asked Questions
What is the current share price of Watsco, Inc. (WSO-B)?
As of 2026-08-02 19:16 PDT, Watsco, Inc. (WSO-B) trades at $321.76 on NYSE. Its 52-week range is $317.63 to $449.48.
What is the market capitalisation of WSO-B?
Watsco, Inc. (WSO-B) has a market capitalisation of $13.08B on NYSE.
What is the P/E ratio of WSO-B?
WSO-B trades at a trailing price-to-earnings (P/E) ratio of 28.65. The industry average P/E is 29.87. Its price-to-book (P/B) ratio is 4.10.
Does WSO-B pay a dividend?
Watsco, Inc. (WSO-B) currently offers a dividend yield of 4.10%.
What is the return on equity (ROE) of WSO-B?
WSO-B has a return on equity (ROE) of 16.74%. Its return on capital employed (ROCE) is 18.73%.
Is WSO-B a good stock to buy?
This page provides a data-driven analysis of Watsco, Inc. (WSO-B), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.