WATSCO INC WSO 84.19
Industrials · NYSE · Data as of 2026-10-14
WATSCO INC (WSO) has delivered +8.0% annualized revenue growth, +14.8% earnings growth, and +14.6% dividend growth over 10 years of data. Ranked #52 of 1968 stocks overall and #10 of 442 in the Industrials sector by Steady Score.
About WATSCO INC
Company Overview
Watsco distributes air-conditioning, heating and refrigeration equipment and related parts and supplies. It serves licensed contractors who install, replace and maintain residential and commercial systems across North America and parts of Latin America. The assortment includes complete systems, replacement components, refrigerants, tools and accessories from leading manufacturers, supported by local branches, technical assistance, delivery and digital ordering. Its network is designed to give contractors rapid access to products near their job sites.
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Business Model & Revenue
Revenue is generated by buying HVAC/R equipment, parts and supplies from manufacturers and reselling them to contractors. Watsco operates through a network of locations and several joint ventures, combining local market relationships with centralized technology, purchasing and operating practices. Replacement demand is especially important because installed systems wear out and efficiency standards evolve. Inventory availability, product mix and manufacturer relationships influence sales and margins.
Key Facts & Market Position
Watsco serves more than 130,000 active contractors, and no single customer represented more than 2% of 2025 revenue. Its scale, warehouse density, broad assortment and digital tools support rapid product access for time-sensitive repair work. Results remain seasonal and are affected by weather, housing activity, equipment transitions and the health of key supplier relationships.