Stock Fundamentals

Company Information

Company Name
Watsco Inc
Sector
Industrials
Industry
Industrial Distribution
Exchange
NYSE
ISIN: US9426222009
CIK: 0000105016
CUSIP: 942622200
Currency: USD
Full Time Employees: 6,950
Phone: 305 714 4100
Fiscal Year End: December
IPO Date: Jun 07, 1984
Description:

Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, and refrigeration equipment, and related parts and supplies in the United States, Canada, Latin America, and the Caribbean. It distributes equipment, including residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. The company also offers parts comprising replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation materials, refrigerants, ductworks, grills, registers, sheet metals, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies, as well as plumbing and bathroom remodeling supplies. It serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. Watsco, Inc. was incorporated in 1956 and is headquartered in Miami, Florida.

Address:

2665 South Bayshore Drive, Miami, FL, United States, 33133

Directors & Officers

Name Title Year Born
Mr. Albert H. Nahmad Chairman & CEO 1941
Mr. Aaron J. Nahmad Co-Vice Chairman & President 1981
Ms. Ana M. Menendez CPA CFO & Treasurer 1965
Mr. Barry S. Logan CPA Executive VP of Planning & Strategy, Secretary and Director 1963
Mr. Steven Rupp Chief Technology Officer NA
Mr. Rick Gomez Vice President of Corporate Development NA
Mr. Paul W. Johnston Executive Vice President 1953

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 3.74M Sep 30, 2025 9.22% $0.03 -0.79%
Vanguard Group Inc 3.52M Dec 31, 2025 8.68% $0.02 -0.78%
Capital Research & Mgmt Co - Division 3 2.29M Sep 30, 2025 5.63% $0.15 741.45%
FMR Inc 1.97M Dec 31, 2025 4.84% $0.03 -34.48%
Charles Schwab Investment Management Inc 1.56M Dec 31, 2025 3.84% $0.08 3.09%
Kayne Anderson Rudnick Investment Management LLC 1.55M Sep 30, 2025 3.81% $1.52 0.89%
State Street Corp 1.24M Sep 30, 2025 3.05% $0.02 1.36%
Baillie Gifford & Co Limited. 917.49K Dec 31, 2025 2.26% $0.26 -2.82%
Blair William & Co 799.96K Sep 30, 2025 1.97% $0.86 -0.83%
Capital World Investors 634.02K Sep 30, 2025 1.56% $0.04 0.00%
Geode Capital Management, LLC 632.84K Sep 30, 2025 1.56% $0.02 0.57%
JPMorgan Chase & Co 631.25K Sep 30, 2025 1.55% $0.01 83.83%
Morgan Stanley - Brokerage Accounts 612.94K Sep 30, 2025 1.51% $0.02 3.86%
Markel Group Inc 565.17K Sep 30, 2025 1.39% $1.85 0.00%
Neuberger Berman Group LLC 482.11K Sep 30, 2025 1.19% $0.14 -8.13%
Davenport & Company LLC 470.18K Dec 31, 2025 1.16% $0.85 31.76%
Wells Fargo & Co 452.61K Sep 30, 2025 1.11% $0.03 -2.43%
Two Sigma Investments LLC 404.80K Dec 31, 2025 1.00% $0.19 133.88%
CapTrust Financial Advisors 390.48K Sep 30, 2025 0.96% $0.32 0.35%
Hamlin Capital Management, LLC 340.32K Dec 31, 2025 0.84% $2.75 -16.07%

Shares Statistics

Shares Outstanding: 34.94M
Shares Float: 32.89M
% Insiders: 39.10%
% Institutions: 11,498.80%
Short % Float: 11.26%

🏆 Top 10 Institutional Holders

Rank Holder Name Shares Held % of Shares Change Date Reported
1 BlackRock Inc 3.74M 9.22% ▼ 0.79% Sep 30, 2025
2 Vanguard Group Inc 3.52M 8.68% ▼ 0.78% Dec 31, 2025
3 Capital Research & Mgmt Co - Division 3 2.29M 5.63% ▲ 741.45% Sep 30, 2025
4 FMR Inc 1.97M 4.84% ▼ 34.48% Dec 31, 2025
5 Charles Schwab Investment Management Inc 1.56M 3.84% ▲ 3.09% Dec 31, 2025
6 Kayne Anderson Rudnick Investment Management LLC 1.55M 3.81% ▲ 0.89% Sep 30, 2025
7 State Street Corp 1.24M 3.05% ▲ 1.36% Sep 30, 2025
8 Baillie Gifford & Co Limited. 917.49K 2.26% ▼ 2.82% Dec 31, 2025
9 Blair William & Co 799.96K 1.97% ▼ 0.83% Sep 30, 2025
10 Capital World Investors 634.02K 1.56% ▲ 0.00% Sep 30, 2025

Valuation Metrics

Enterprise Value: $14.95B
Trailing P/E: 29.75
Forward P/E: 27.32

Financial Highlights

Market Cap: $14.79B
EBITDA: $737.89M
P/E Ratio: $29.75
PEG Ratio: $1.42
Book Value: $73.36
Dividend/Share: $11.70
Dividend Yield: 3.13%
Earnings/Share: $12.23
Profit Margin: 6.87%
Operating Margin: 6.09%
ROA (TTM): 9.76%
ROE (TTM): 18.69%
Revenue (TTM): $7.24B
Revenue/Share (TTM): $191.34
Earnings Growth (YOY): -26.00%
Revenue Growth (YOY): -10.00%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Download Financials (Excel)

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 4.12x 0.04x 0.28x 24.94x 0.15x
2024-12-31 3.13x 0.04x 0.32x 37.46x 0.14x
2023-12-31 3.36x 0.10x 0.30x 161.55x 0.27x
2022-12-31 2.54x 0.21x 0.36x 384.10x 0.45x
2021-12-31 2.70x 0.22x 0.35x 631.05x 0.56x
2020-12-31 3.00x 0.15x 0.29x 323.68x 0.51x
2019-12-31 3.35x 0.27x 0.33x 90.99x 0.97x
2018-12-31 4.03x 0.10x 0.26x 135.80x 0.35x
2017-12-31 3.21x 0.02x 0.24x 55.61x 0.06x
2016-12-31 3.94x 0.23x 0.33x 93.09x 0.64x
2015-12-31 4.37x 0.26x 0.33x 60.71x 0.69x
2014-12-31 4.03x 0.34x 0.37x 58.73x 0.94x
2013-12-31 4.19x 0.27x 0.32x 46.52x 0.80x
2012-12-31 3.60x 0.42x 0.39x 48.21x 1.31x
2011-12-31 3.71x 0.02x 0.21x 3.85x 0.09x
2010-12-31 2.94x 0.01x 0.26x 47.44x 0.06x
2009-12-31 3.37x 0.02x 0.23x 29.68x 0.15x
2008-12-31 4.24x 0.04x 0.20x 48.86x 0.20x
2007-12-31 3.77x 0.10x 0.26x 21.86x 0.47x
2006-12-31 3.32x 0.08x 0.27x 35.44x 0.28x
2005-12-31 2.76x 0.11x 0.34x 35.09x 0.41x
2004-12-31 3.11x 0.15x 0.34x 18.59x 0.68x
2003-12-31 3.50x 0.17x 0.33x 11.11x 0.88x
2002-12-31 4.00x 0.24x 0.35x 7.43x 1.36x
2001-12-31 4.08x 0.32x 0.38x 3.08x 1.62x
2000-12-31 3.44x 0.47x 0.46x 1.57x 2.15x
1999-12-31 3.38x 0.02x 0.49x 4.80x 0.08x
1998-12-31 4.57x 0.00x 0.48x 4.75x 0.02x
1997-12-31 5.28x 0.00x 0.47x 19.33x 0.02x
1996-12-31 5.48x 0.00x 0.40x 8.44x 0.03x
1995-12-31 1.58x 0.87x 0.54x 2.96x 2.74x
1994-12-31 1.75x 0.72x 0.51x 3.33x 1.95x
1993-12-31 1.83x 0.65x 0.51x 10.36x 2.06x
1992-12-31 1.82x 0.71x 0.59x 2.54x 1.52x
1991-12-31 3.72x 0.10x 0.66x 2.10x 0.19x
1990-12-31 3.67x 0.10x 0.77x 2.09x 0.23x
1989-12-31 3.16x 0.14x 0.73x 2.03x 0.26x
1988-12-31 5.18x 0.09x 0.58x -0.43x -0.14x
1987-12-31 12.62x 0.03x 0.51x 1.82x 0.16x
1986-12-31 13.29x 0.02x 0.52x 1.21x 0.14x
1985-12-31 8.58x 0.03x 0.42x 0.47x 0.25x

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Sep 23, 2025 Val T. Hoyle N/A Sale N/A $395.30 N/A
Aug 13, 2025 Lisa C. McClain N/A Sale N/A $431.94 N/A
Jun 17, 2025 Lisa C. McClain N/A Purchase N/A $423.93 N/A
Dec 18, 2024 Barry S. Logan N/A Sale 11.00K $508.21 $5.59M
May 10, 2024 Barry S Logan N/A Sale 774.00 $473.85 $366.76K
May 09, 2024 John Alexander Macdonald N/A Sale 5.33K $466.41 $2.49M

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