Watsco (WSO)
(Real Time Quote from BATS)
$498.09 USD
+1.33 (0.27%)
Updated Sep 24, 2024 12:58 PM ET
3-Hold of 5 3
C Value C Growth B Momentum C VGM
Company Summary
Incorporated in Florida in 1956, Watsco is the largest distributor of Heating, ventilation and air conditioning equipment, as well as related parts and supplies (HVAC/R) in North America. It distributes residential and commercial air conditioners; parts such as replacement compressors, evaporator coils and motors; as well as supplies such as thermostats, insulation materials, refrigerants, grills, registers, sheet metal, tools, concrete pads, tape and adhesives. Its air conditioning and heating equipment is sold to the residential replacement market, the commercial market and the residential new construction market.
At June 2024-end, Watsco distributes products in approximately 691 ...
Company Summary
Incorporated in Florida in 1956, Watsco is the largest distributor of Heating, ventilation and air conditioning equipment, as well as related parts and supplies (HVAC/R) in North America. It distributes residential and commercial air conditioners; parts such as replacement compressors, evaporator coils and motors; as well as supplies such as thermostats, insulation materials, refrigerants, grills, registers, sheet metal, tools, concrete pads, tape and adhesives. Its air conditioning and heating equipment is sold to the residential replacement market, the commercial market and the residential new construction market.
At June 2024-end, Watsco distributes products in approximately 691 locations in the United States, Canada, Mexico and Puerto Rico and on an export basis to Latin America and the Caribbean. Of these, no single location accounts for more than 3% of total revenues. The company sources supply from main industry players including Rheem, Carrier, Nordyne, Goodman, Trane, and Lennox.
Revenues are disaggregated by the company per major product lines within a single reporting segment: The HVAC equipment contributed 69% to 2023 revenues while other HVAC products contributed 27%. Commercial refrigeration products added 4% to 2023 revenues.
Currently, Watsco has the industry’s largest database of digitized product information, with more than 1.5 million SKUs being used by more than 375,000 technical contractors and technicians annually.
On Apr 1, 2024, the company raised its quarterly dividend by 10% to $2.70 per share (or $10.80 per share annually).
General Information
Watsco, Inc
2665 SOUTH BAYSHORE DRIVE SUITE 901
MIAMI, FL 33133
Phone: 305-714-4100
Fax: 305-858-4492
Email: info@watsco.com
Industry | Building Products - Air Conditioner and Heating |
Sector | Construction |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/17/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 4.89 |
Current Year EPS Consensus Estimate | 13.83 |
Estimated Long-Term EPS Growth Rate | NA |
Exp Earnings Date | 10/17/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 496.76 |
52 Week High | 520.41 |
52 Week Low | 338.58 |
Beta | 0.88 |
20 Day Moving Average | 229,365.41 |
Target Price Consensus | 469.00 |
4 Week | 3.06 |
12 Week | 7.54 |
YTD | 15.94 |
4 Week | 1.22 |
12 Week | 2.96 |
YTD | -3.30 |
Shares Outstanding (millions) | 40.34 |
Market Capitalization (millions) | 20,038.91 |
Short Ratio | NA |
Last Split Date | 8/17/1998 |
Dividend Yield | 2.17% |
Annual Dividend | $10.80 |
Payout Ratio | 0.83 |
Change in Payout Ratio | 0.00 |
Last Dividend Payout / Amount | 7/16/2024 / $2.70 |
Fundamental Ratios
P/E (F1) | 35.92 |
Trailing 12 Months | 38.01 |
PEG Ratio | NA |
vs. Previous Year | 1.58% |
vs. Previous Quarter | 106.91% |
vs. Previous Year | 6.80% |
vs. Previous Quarter | 36.70% |
Price/Book | 6.58 |
Price/Cash Flow | 34.25 |
Price / Sales | 2.70 |
6/30/24 | 18.55 |
3/31/24 | 19.26 |
12/31/23 | 21.36 |
6/30/24 | 12.64 |
3/31/24 | 12.65 |
12/31/23 | 13.69 |
6/30/24 | 3.21 |
3/31/24 | 2.92 |
12/31/23 | 3.36 |
6/30/24 | 1.55 |
3/31/24 | 1.31 |
12/31/23 | 1.47 |
6/30/24 | 7.02 |
3/31/24 | 7.03 |
12/31/23 | 7.36 |
6/30/24 | 7.02 |
3/31/24 | 7.03 |
12/31/23 | 7.36 |
6/30/24 | 10.31 |
3/31/24 | 10.34 |
12/31/23 | 10.85 |
6/30/24 | 75.46 |
3/31/24 | 72.64 |
12/31/23 | 66.41 |
6/30/24 | 3.55 |
3/31/24 | 3.41 |
12/31/23 | 3.41 |
6/30/24 | 0.01 |
3/31/24 | 0.01 |
12/31/23 | 0.01 |
6/30/24 | 0.51 |
3/31/24 | 0.52 |
12/31/23 | 1.04 |