Headquartered in Miami, FL Fiscal year ends December NYSE: WSO watsco.com
Watsco is the largest distributor of HVAC/R (heating, ventilation, air conditioning, and refrigeration) products in North America, operating in a highly fragmented $74 billion distribution market. The company distributes HVAC equipment, parts, supplies, and commercial refrigeration products to over 73,000 contractors, installers, and technicians through approximately 804 locations. Watsco has grown through a combination of organic expansion and the acquisition of 74 market-leading distributors since entering the distribution business in 1989. The company has invested approximately $280 million over the past five years in proprietary digital platforms, including e-commerce, mobile apps, the OnCallAir sales platform for contractors, pricing optimization tools, and AI-driven customer and internal productivity tools. Watsco is also expanding into dual-trade HVAC/plumbing distribution through recent acquisitions. The company maintains a conservative balance sheet and has paid dividends for 52 consecutive years. Updated
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Watsco is the largest distributor of HVAC/R (heating, ventilation, air conditioning, and refrigeration) products in North America, operating in a highly fragmented $74 billion distribution market.
24/7 Wall St.'s 12-month price target for WSO is $339.92, rated Buy. The Wall Street consensus target is $349.90. WSO price prediction →
