Watsco Inc

WC30

Company Profile

  • Business description

    Watsco is the largest HVAC and refrigeration products distributor in North America with approximately 13% market share. The company primarily operates in the United States (90% of revenue) with significant exposure in the Sunbelt states. Watsco also has operations in Canada, Latin America, and the Caribbean. The company's customer base comprises more than 120,000 dealers and contractors serving the replacement and new-construction HVAC/R markets for residential and light-commercial applications. As much as 20% of residential HVAC units are distributed through Watsco in any given year. Revenue is approximately 75%-80% residential HVAC and 20%-25% commercial, with relatively small exposure to more complex “applied” solutions.

  • Contact

    2665 South Bayshore Drive
    Suite 901
    MiamiFL33133
    USA

    T: +1 305 714-4100

    E: [email protected]

    https://www.watsco.com

  • Sector

    Industrials

    Stock type

    Sensitive

  • Industry

    Industrial Distribution

    Fiscal Year End

    31 December 2026

    Employees

    7,050

Stocks News & Analysis

stocks

CSL’s latest result suggests the worst may be over

Relief replaces disappointment but can growth return?
stocks

ASX listed pharma boosted by weight loss drugs

GLP-1 momentum drives earnings for narrow moat share.
stocks

Nvidia earns upgrade as AI buildouts accelerate

Demand for AI infrastructure shows no signs of slowing.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries9,271.406.300.07%
CAC 408,334.5066.68-0.79%
DAX 4026,258.11311.88-1.17%
Dow JONES (US)53,185.90374.09-0.70%
FTSE 10010,824.2631.720.29%
HKSE25,566.9917.80-0.07%
NASDAQ26,370.8931.54-0.12%
Nikkei 22566,311.9393.63-0.14%
NZX 50 Index13,851.5665.74-0.47%
S&P 5007,686.1425.62-0.33%
S&P/ASX 2009,076.0010.400.11%
SSE Composite Index3,986.3034.120.86%

Market Movers