Wholesale-Hardware & Plumbing & Heating Equipment & Supplies · SIC 5070

WATSCO INC

WSO-B

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Latest revenue

$1.53B

as of 2026-03-31

Latest net income

$79.1M

as of 2026-03-31

Net margin

5.2%

as of 2026-03-31

Price · 5Y

+9.8% / yr 4.0 pts / yr vs S&P 500 59.2% total
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Live market

delayed ≤15 min
$403.83
0.00%
Market cap
$14.00B
Enterprise value
$14.00B
P/E (trailing)
28.2×
Forward P/E
P/B
Dividend yield
3.0%
52-wk high
$471.49
52-wk low
$338.85
Beta
Shares out
34.7M

5-year trend

What this company does

AI

ITEM 1. BUSINESS General Watsco, Inc. and its subsidiaries (collectively, “Watsco,” the “Company”, or “we,” “us,” or “our”) was incorporated in Florida in 1956 and is the largest distributor of air conditioning, heating and refrigeration equipment and related parts and supplies (“HVAC/R”) in the HVAC/R distribution industry in North America. At December 31, 2025, we operated from 695 locations in 43 U.S. States, Canada, Mexico and Puerto Rico with additional market coverage on an export basis to portions of Latin America and the Caribbean, through which we serve more than 130,000 active contractors that service the replacement and new construction markets. Our revenues in HVAC/R…

AI summary unavailable — showing raw filing excerpt

Generated from WSO-B's filing dated 2026-02-27

Key risks

AI

ITEM 1A. RISK FACTORS Business Risk Factors Supplier Concentration and Supply Chain Risks The Company’s top ten suppliers accounted for 85% of our purchases during 2025, including 62% from Carrier and 8% from Rheem. Products supplied by Carrier include a diverse variety of brands of HVAC equipment including Carrier, Bryant, Payne, Tempstar, Heil, Comfortmaker, and Grandaire (a private label product created by the Company), along with complimentary replacement parts. Rheem provides Rheem-brand HVAC systems, as well as Freidrich and AireVantage (a private label product created by Nordyne, a subsidiary of Rheem), along with complimentary replacement parts. Given the significant concentration…

AI summary unavailable — showing raw filing excerpt

Generated from WSO-B's filing dated 2026-02-27

Profitability

Gross margin

28.0%

4.5%

Operating margin

10.0%

3.0%

Net margin

6.9%

2.5%

Return on equity

17.9%

11.5%

Return on assets

11.3%

6.0%

Leverage

Debt / equity

0.59×

14.4%

Long-term debt / equity

0.13×

2.5%

Debt / assets

37.0%

9.1%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$1.53B+0.1%$79.1M-1.2%5.2%

Q4 2025

2025-12-31

$1.58B-10.0%$71.7M-25.9%4.5%

Q3 2025

2025-09-30

$2.07B-4.3%$161.6M-5.5%7.8%

Q2 2025

2025-06-30

$2.06B-3.6%$183.6M+1.2%8.9%

Q1 2025

2025-03-31

$1.53B-2.2%$80.1M-8.0%5.2%

Q4 2024

2024-12-31

$1.75B$96.8M5.5%

Q3 2024

2024-09-30

$2.16B+1.6%$171.0M+0.0%7.9%

Q2 2024

2024-06-30

$2.14B+6.8%$181.4M+5.0%8.5%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Wholesale-Hardware & Plumbing & Heating Equipment & Supplies · SIC 5070

No data yet for industry average

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Insider activity

No insider transactions on file for WSO-B in the last 12 months.

Source: SEC Form 4 filings. Backfill runs nightly.

Who owns WSO-B

No institutional holdings on file for WSO-B yet.

Source: SEC Form 13F-HR. Updated quarterly (45-day filing lag).

Top questions investors are asking

Coming once WSO-B's latest filing finishes processing.