Watsco, Inc. is a distributor of air conditioning, heating and refrigeration equipment, and related parts and supplies (HVAC/R) in the United States. Watsco was founded more than 60 years ago as a manufacturer of parts, components, and tools used in the HVAC/R industry. In 1989, the company shifted from manufacturing to distribution, by acquiring Gemaire Distributors Inc., a South Florida-based Rheem distributor.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| WSO | WATSCO INC | 2025-10-16 17:39:47 | 369.3 | -0.03 | -0.01 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WSO | 0000105016 | WATSCO INC | US9426222009 | 549300F1Y3LN5BX5WN75 | 590778222 | NYSE | 5070 | Wholesale-Hardware & Plumbing & Heating Equipment & Supplies | 1231 | FL | 2665 S BAYSHORE DR | COCONUT GROVE | FL | 33133 | UNITED STATES | US | 305-714-4100 | 2665 SOUTH BAYSHORE DR, STE 901, COCONUT GROVE, FL, 33133 | 2665 S BAYSHORE DR, COCONUT GROVE, FL, 33133 | — | HVAC | 1956 | Albert H. Nahmad | 7,300 | http://www.watsco.com/ | 16,284,000,000 | 34,676,359 | — | Watsco, Inc. is a distributor of air conditioning, heating and refrigeration equipment, and related parts and supplies (HVAC/R) in the United States. Watsco was founded more than 60 years ago as a manufacturer of parts, components, and tools used in the HVAC/R industry. In 1989, the company shifted from manufacturing to distribution, by acquiring Gemaire Distributors Inc., a South Florida-based Rheem distributor. | 2025-10-10 19:36:40 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 16,284,000,000 | 3,355,000,000 | 25.9494 | — | — | — |
| 2023 | 12,929,000,000 | 4,857,000,000 | 60.171 | — | — | — |
| 2022 | 8,072,000,000 | -1,580,000,000 | -16.3697 | — | — | — |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Barry S. Logan | Executive Vice President | 2024 | 435,000 | 0 | 0 | 0 | 13,025 | 448,025 |
| Ana M. Menendez | Chief Financial Officer | 2024 | 350,000 | 0 | 0 | 0 | 8,625 | 358,625 |
| Albert H. Nahmad | Chief Executive Officer | 2024 | 600,000 | 0 | 5,450,010 | 390 | 327,431 | 6,377,831 |
| Aaron J. Nahmad | President | 2024 | 600,000 | 0 | 9,357,044 | 756 | 15,125 | 9,972,925 |
| Ana M. Menendez | Chief Financial Officer | 2023 | 350,000 | 0 | 0 | 0 | 8,250 | 358,250 |
| Fiscal Year | Employee Count |
|---|---|
| 2024 | 7,220 |
| 2023 | 7,350 |
| 2022 | 7,200 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 7,618,317,000 | 7,283,767,000 | 7,274,344,000 |
| Cost Of Revenue | 5,573,604,000 | 5,291,627,000 | 5,244,055,000 |
| Gross Profit | 2,044,713,000 | 1,992,140,000 | 2,030,289,000 |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | 1,293,439,000 | 1,223,507,000 | 1,221,382,000 |
| Operating Expenses | 33,000 | 375,000 | — |
| Operating Income | 781,775,000 | 794,810,000 | 831,578,000 |
| Net Income | 536,286,000 | 536,337,000 | 601,167,000 |
| Earnings Per Share Basic | 13.34 | 13.72 | 15.46 |
| Earnings Per Share Diluted | 13.3 | 13.67 | 15.41 |
| Weighted Average Shares Outstanding Basic | 37,391,461 | 36,406,148 | 35,564,203 |
| Weighted Average Shares Outstanding Diluted | 37,510,332 | 36,531,683 | 35,683,634 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 526,271,000 | 210,112,000 | 147,505,000 |
| Marketable Securities Current | 255,669,000 | — | — |
| Accounts Receivable | 877,935,000 | 797,832,000 | 747,110,000 |
| Inventories | 1,385,436,000 | 1,347,289,000 | 1,370,173,000 |
| Non Trade Receivables | — | — | — |
| Other Assets Current | 34,670,000 | 36,698,000 | 33,951,000 |
| Total Assets Current | 3,079,981,000 | 2,391,931,000 | 2,298,739,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 140,535,000 | 136,230,000 | 125,424,000 |
| Other Assets Non Current | 10,928,000 | 10,741,000 | 8,033,000 |
| Total Assets Non Current | 1,399,542,000 | 1,337,251,000 | 1,189,475,000 |
| Total Assets | 4,479,523,000 | 3,729,182,000 | 3,488,214,000 |
| Accounts Payable | 490,879,000 | 369,396,000 | 456,128,000 |
| Deferred Revenue | — | — | — |
| Short Term Debt | 110,273,000 | 0 | 56,400,000 |
| Other Liabilities Current | 382,749,000 | 242,351,000 | 303,397,000 |
| Total Liabilities Current | 983,901,000 | 712,012,000 | 906,522,000 |
| Long Term Debt | 337,190,000 | 304,527,000 | 243,532,000 |
| Other Liabilities Non Current | — | — | — |
| Total Liabilities Non Current | — | — | — |
| Total Liabilities | — | — | — |
| Common Stock | 19,431,000 | 19,353,000 | 19,054,000 |
| Retained Earnings | 1,295,972,000 | 1,183,207,000 | 1,029,516,000 |
| Accumulated Other Comprehensive Income | -59,893,000 | -42,331,000 | -47,710,000 |
| Total Shareholders Equity | 2,656,990,000 | 2,229,839,000 | 1,889,237,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 35,391,000 | 30,767,000 | 26,974,000 |
| Share Based Compensation Expense | 35,022,000 | 30,000,000 | 28,821,000 |
| Other Non Cash Income Expense | -536,000 | 143,000 | 1,624,000 |
| Change In Accounts Receivable | 85,555,000 | 36,035,000 | 60,154,000 |
| Change In Inventories | 41,678,000 | -64,620,000 | 259,860,000 |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | 197,765,000 | -162,042,000 | 121,993,000 |
| Change In Other Liabilities | -7,702,000 | -13,661,000 | -1,329,000 |
| Cash From Operating Activities | 773,102,000 | 561,954,000 | 571,964,000 |
| Purchases Of Marketable Securities | 255,669,000 | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 30,090,000 | 35,478,000 | 35,652,000 |
| Acquisition Of Business | 5,173,000 | 3,822,000 | 47,000 |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -290,670,000 | -41,343,000 | -33,836,000 |
| Tax Withholding For Share Based Compensation | 39,673,000 | 2,828,000 | 87,107,000 |
| Payments Of Dividends | 423,521,000 | 382,646,000 | 332,447,000 |
| Issuance Of Common Stock | — | — | 20,422,000 |
| Repurchase Of Common Stock | — | — | — |
| Issuance Of Long Term Debt | — | -56,400,000 | — |
| Repayment Of Long Term Debt | — | — | — |
| Other Financing Activities | 2,292,000 | 2,292,000 | 1,997,000 |
| Cash From Financing Activities | -158,530,000 | -460,076,000 | -503,958,000 |
| Change In Cash | 316,159,000 | 62,607,000 | 29,237,000 |
| Cash At End Of Period | 526,271,000 | 210,112,000 | 147,505,000 |
| Income Taxes Paid | 124,599,000 | 188,443,000 | 105,736,000 |
| Interest Paid | 969,000 | 10,115,000 | 3,505,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | 13.34 | 13.72 | 15.46 |
| Price To Earnings Ratio | 35.524 | 31.2296 | 16.132 |
| Earnings Growth Rate | -2.7697 | -11.2549 | 42.7516 |
| Price Earnings To Growth Ratio | -12.826 | -2.7748 | 0.3773 |
| Book Value Per Share | 93.4872 | 82.8753 | 72.5924 |
| Price To Book Ratio | 5.069 | 5.1701 | 3.4356 |
| Ebitda | 717,145,000 | 750,627,000 | 731,712,000 |
| Enterprise Value | 17,640,631,453.29 | 15,693,357,233.56 | 9,022,139,228.2 |
| Dividend Yield | 0.0239 | 0.0245 | 0.0375 |
| Dividend Payout Ratio | 0.7897 | 0.7134 | 0.553 |
| Debt To Equity Ratio | 0.1684 | 0.1366 | 0.1588 |
| Capital Expenditures | 39,696,000 | 41,573,000 | 41,379,000 |
| Free Cash Flow | 733,406,000 | 520,381,000 | 530,585,000 |
| Return On Equity | 0.2018 | 0.2405 | 0.3182 |
| One Year Beta | 1.2324 | 1.1814 | 1.0094 |
| Three Year Beta | 1.0776 | 1.0271 | 0.7186 |
| Five Year Beta | 0.7906 | 0.762 | 0.7304 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Tapella Gary L | Director | 2025-07-24 | 1,000 | A | 1,000 |
| Custer John Michael | Director | 2025-06-10 | 2,200 | D | 3,552 |
| Dickins Denise | Director | 2025-05-15 | 191 | D | 21,907 |
| Dickins Denise | Director | 2025-05-12 | 4,500 | A | 0 |
| Dickins Denise | Director | 2025-05-12 | 1,624 | D | 2,876 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Valerie Hoyle | 2025-10-10 | OR04 | Sale | 2025-09-23 | Spouse | $1,001 - $15,000 |
| Valerie Hoyle | 2025-09-12 | OR04 | Purchase | 2024-10-29 | Spouse | $1,001 - $15,000 |
| Lisa McClain | 2025-09-12 | MI09 | Sale | 2025-08-13 | Spouse | $1,001 - $15,000 |
| Lisa McClain | 2025-08-13 | MI09 | Purchase | 2025-06-17 | Spouse | $1,001 - $15,000 |
| Lois Frankel | 2023-10-10 | FL22 | Sale | 2023-09-08 | — | $1,001 - $15,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| Carnegie Investment Counsel | 2025-09-30 | 13,646,338 | 33,753 | 404.3 |
| BURNEY CO/ | 2025-09-30 | 388,128 | 960 | 404.3 |
| PFS Partners, LLC | 2025-09-30 | 809 | 2 | 404.5 |
| TRUST CO OF TOLEDO NA /OH/ | 2025-09-30 | 76,817 | 190 | 404.3 |
| Blue Trust, Inc. | 2025-09-30 | 222,365 | 550 | 404.3 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| Strategic Trust | 2025-08-31 | RUNNING OAK EFFICIENT GROWTH ETF | RUNN | 15,327 | 6,167,278.26 | 1.6247 |
| TRUST FOR PROFESSIONAL MANAGERS | 2025-08-31 | Column Small Cap Fund | CFSLX | 615 | 247,463.7 | 0.0516 |
| TRUST FOR PROFESSIONAL MANAGERS | 2025-08-31 | Column Small Cap Select Fund | CFSSX | 3,542 | 1,425,229.96 | 0.0992 |
| TRUST FOR PROFESSIONAL MANAGERS | 2025-08-31 | Column Mid Cap Fund | CFMCX | 825 | 331,963.5 | 0.0333 |
| TRUST FOR PROFESSIONAL MANAGERS | 2025-08-31 | Dearborn Partners Rising Dividend Fund - Class I Shares | DRDIX | 25,200 | 10,139,976 | 1.6062 |