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Industrials - Industrial - Distribution - NYSE - US
$ 520.74
-0.961 %
$ 21 B
Market Cap
40.09
P/E
1. INTRINSIC VALUE

Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, refrigeration equipment, and related parts and supplies. The company distributes equipment comprising residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. It also offers parts, including 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. The company serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems.[ Read More ]

The intrinsic value of one WSO stock under the base case scenario is HIDDEN Compared to the current market price of 521 USD, Watsco, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart WSO

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FINANCIALS
7.28 B REVENUE
0.13%
771 M OPERATING INCOME
-7.23%
536 M NET INCOME
-23.78%
562 M OPERATING CASH FLOW
-1.75%
-41.3 M INVESTING CASH FLOW
-22.19%
-460 M FINANCING CASH FLOW
8.71%
2.16 B REVENUE
0.97%
250 M OPERATING INCOME
-3.38%
272 M NET INCOME
60.92%
233 M OPERATING CASH FLOW
303.16%
-65.4 M INVESTING CASH FLOW
-929.98%
-98.9 M FINANCING CASH FLOW
5.47%
Balance Sheet Decomposition Watsco, Inc.
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Current Assets 2.39 B
Cash & Short-Term Investments 210 M
Receivables 798 M
Other Current Assets 1.38 B
Non-Current Assets 1.34 B
Long-Term Investments 149 M
PP&E 505 M
Other Non-Current Assets 683 M
Current Liabilities 712 M
Accounts Payable 369 M
Short-Term Debt 100 M
Other Current Liabilities 242 M
Non-Current Liabilities 401 M
Long-Term Debt 305 M
Other Non-Current Liabilities 96.5 M
EFFICIENCY
Earnings Waterfall Watsco, Inc.
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Revenue 7.28 B
Cost Of Revenue 5.29 B
Gross Profit 1.99 B
Operating Expenses 1.2 B
Operating Income 771 M
Other Expenses 235 M
Net Income 536 M
RATIOS
27.35% GROSS MARGIN
27.35%
10.59% OPERATING MARGIN
10.59%
7.36% NET MARGIN
7.36%
24.05% ROE
24.05%
14.38% ROA
14.38%
26.40% ROIC
26.40%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Watsco, Inc.
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Net Income 536 M
Depreciation & Amortization 35.1 M
Capital Expenditures -35.5 M
Stock-Based Compensation 30 M
Change in Working Capital -120 M
Others 101 M
Free Cash Flow 526 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Watsco, Inc.
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Wall Street analysts predict an average 1-year price target for WSO of $456 , with forecasts ranging from a low of $380 to a high of $540 .
WSO Lowest Price Target Wall Street Target
380 USD -27.03%
WSO Average Price Target Wall Street Target
456 USD -12.43%
WSO Highest Price Target Wall Street Target
540 USD 3.70%
4. DIVIDEND ANALYSIS
0.59% DIVIDEND YIELD
2.7 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Watsco, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
2.06 M USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
11 months ago
Dec 12, 2023
Sell 2.06 M USD
ALVAREZ CESAR L
Director
- 5000
412.34 USD
1 year ago
May 22, 2023
Sell 1.33 M USD
ALVAREZ CESAR L
Director
- 4000
332.64 USD
3 years ago
Apr 28, 2021
Sell 112 K USD
LOGAN BARRY S
Executive Vice President
- 383
292.457 USD
3 years ago
Apr 28, 2021
Sell 262 K USD
LOGAN BARRY S
Executive Vice President
- 892
293.4164 USD
3 years ago
Apr 28, 2021
Sell 1.24 M USD
LOGAN BARRY S
Executive Vice President
- 4225
294.4405 USD
4 years ago
Aug 03, 2020
Sell 1.1 M USD
SAPE GEORGE
Director
- 4667
235.254 USD
4 years ago
Jun 11, 2020
Sell 98.1 K USD
SAPE GEORGE
Director
- 560
175.2329 USD
4 years ago
Mar 05, 2020
Sell 86.9 K USD
LOGAN BARRY S
Executive Vice President
- 500
173.725 USD
4 years ago
Mar 04, 2020
Sell 638 K USD
LOGAN BARRY S
Executive Vice President
- 3800
167.7632 USD
4 years ago
Dec 02, 2019
Bought 18 K USD
Keeley Brian E.
Director
+ 100
179.83 USD
4 years ago
Dec 04, 2019
Bought 131 K USD
Keeley Brian E.
Director
+ 737
178.13 USD
5 years ago
Nov 14, 2019
Sell 17.8 K USD
MOSS BOB L
Director
- 100
178.0968 USD
5 years ago
Oct 21, 2019
Sell 96.2 K USD
SAPE GEORGE
Director
- 550
174.87 USD
5 years ago
Dec 20, 2018
Sell 353 K USD
LOGAN BARRY S
Senior Vice President
- 2500
141.2662 USD
6 years ago
Nov 22, 2017
Sell 533 K USD
LOGAN BARRY S
Senior Vice President
- 3246
164.2951 USD
7 years ago
Feb 28, 2017
Sell 176 M USD
UNITED TECHNOLOGIES CORP /DE/
10 percent owner
- 1250000
140.68 USD
8 years ago
Dec 09, 2015
Sell 365 K USD
Darnell David C.
Director
- 3000
121.6632 USD
9 years ago
Nov 12, 2015
Sell 975 K USD
LOGAN BARRY S
Senior Vice President
- 8000
121.8544 USD
9 years ago
Nov 21, 2014
Sell 304 K USD
MANLEY PAUL F
Director
- 3000
101.2806 USD
10 years ago
Sep 19, 2014
Bought 264 K USD
MOSS BOB L
Director
+ 3000
88.1369 USD
10 years ago
Aug 26, 2014
Sell 375 K USD
LOGAN BARRY S
Senior Vice President
- 4000
93.6878 USD
11 years ago
Oct 23, 2013
Sell 470 K USD
LOGAN BARRY S
Senior Vice President
- 4891
96.1728 USD
11 years ago
Sep 20, 2013
Bought 50.5 K USD
Dickins Denise
Director
+ 540
93.548 USD
11 years ago
Dec 21, 2012
Sell 120 K USD
Fedrizzi Steven R
Director
- 1585
75.792 USD
11 years ago
Nov 28, 2012
Sell 697 K USD
NAHMAD ALBERT H
Chairman and CEO
- 9900
70.4272 USD
11 years ago
Nov 28, 2012
Sell 2.06 M USD
NAHMAD ALBERT H
Chairman and CEO
- 28800
71.3584 USD
11 years ago
Nov 26, 2012
Sell 1.48 M USD
NAHMAD ALBERT H
Chairman and CEO
- 20579
71.6915 USD
11 years ago
Nov 26, 2012
Sell 197 K USD
NAHMAD ALBERT H
Chairman and CEO
- 2721
72.3111 USD
11 years ago
Nov 27, 2012
Sell 2.06 M USD
NAHMAD ALBERT H
Chairman and CEO
- 28885
71.4374 USD
11 years ago
Nov 21, 2012
Sell 697 K USD
NAHMAD ALBERT H
Chairman and CEO
- 9700
71.837 USD
12 years ago
Nov 20, 2012
Sell 1.61 M USD
NAHMAD ALBERT H
Chairman and CEO
- 22400
71.979 USD
12 years ago
Nov 20, 2012
Sell 414 K USD
NAHMAD ALBERT H
Chairman and CEO
- 5700
72.5707 USD
12 years ago
May 02, 2012
Sell 7.37 K USD
Dickins Denise
Director
- 100
73.72 USD
12 years ago
May 02, 2012
Sell 7.37 K USD
Dickins Denise
Director
- 100
73.725 USD
12 years ago
May 02, 2012
Sell 29.5 K USD
Dickins Denise
Director
- 400
73.73 USD
12 years ago
May 02, 2012
Sell 22.1 K USD
Dickins Denise
Director
- 300
73.74 USD
12 years ago
May 02, 2012
Sell 81.1 K USD
Dickins Denise
Director
- 1100
73.75 USD
12 years ago
May 02, 2012
Sell 155 K USD
Dickins Denise
Director
- 2100
73.76 USD
12 years ago
May 02, 2012
Sell 44.3 K USD
Dickins Denise
Director
- 600
73.77 USD
12 years ago
May 02, 2012
Sell 7.38 K USD
Dickins Denise
Director
- 100
73.772 USD
12 years ago
May 02, 2012
Sell 14.8 K USD
Dickins Denise
Director
- 200
73.78 USD
12 years ago
May 02, 2012
Sell 118 K USD
Dickins Denise
Director
- 1600
73.79 USD
12 years ago
May 02, 2012
Sell 162 K USD
Dickins Denise
Director
- 2200
73.8 USD
12 years ago
May 02, 2012
Sell 7.38 K USD
Dickins Denise
Director
- 100
73.802 USD
12 years ago
May 02, 2012
Sell 22.1 K USD
Dickins Denise
Director
- 300
73.81 USD
12 years ago
May 02, 2012
Sell 73.8 K USD
Dickins Denise
Director
- 1000
73.82 USD
12 years ago
May 02, 2012
Sell 44.3 K USD
Dickins Denise
Director
- 600
73.83 USD
12 years ago
May 02, 2012
Sell 66.5 K USD
Dickins Denise
Director
- 900
73.84 USD
12 years ago
May 02, 2012
Sell 66.5 K USD
Dickins Denise
Director
- 900
73.85 USD
12 years ago
May 02, 2012
Sell 7.39 K USD
Dickins Denise
Director
- 100
73.8597 USD
12 years ago
May 02, 2012
Sell 458 K USD
Dickins Denise
Director
- 6200
73.86 USD
12 years ago
May 02, 2012
Sell 44.3 K USD
Dickins Denise
Director
- 600
73.87 USD
12 years ago
May 02, 2012
Sell 7.39 K USD
Dickins Denise
Director
- 100
73.8797 USD
12 years ago
May 02, 2012
Sell 22.2 K USD
Dickins Denise
Director
- 300
73.88 USD
12 years ago
May 02, 2012
Sell 7.37 K USD
Dickins Denise
Director
- 100
73.71 USD
12 years ago
May 02, 2012
Sell 73.4 K USD
LOGAN BARRY S
Senior Vice President
- 1000
73.44 USD
12 years ago
May 02, 2012
Sell 51.4 K USD
LOGAN BARRY S
Senior Vice President
- 700
73.45 USD
12 years ago
May 02, 2012
Sell 36.7 K USD
LOGAN BARRY S
Senior Vice President
- 500
73.46 USD
12 years ago
May 02, 2012
Sell 7.35 K USD
LOGAN BARRY S
Senior Vice President
- 100
73.465 USD
12 years ago
May 02, 2012
Sell 14.7 K USD
LOGAN BARRY S
Senior Vice President
- 200
73.47 USD
12 years ago
May 02, 2012
Sell 14.7 K USD
LOGAN BARRY S
Senior Vice President
- 200
73.485 USD
12 years ago
May 02, 2012
Sell 7.35 K USD
LOGAN BARRY S
Senior Vice President
- 100
73.5025 USD
12 years ago
May 02, 2012
Sell 14.7 K USD
LOGAN BARRY S
Senior Vice President
- 200
73.51 USD
12 years ago
May 02, 2012
Sell 53.5 K USD
LOGAN BARRY S
Senior Vice President
- 728
73.52 USD
12 years ago
May 02, 2012
Sell 7.35 K USD
LOGAN BARRY S
Senior Vice President
- 100
73.54 USD
12 years ago
May 02, 2012
Sell 7.35 K USD
LOGAN BARRY S
Senior Vice President
- 100
73.545 USD
12 years ago
May 02, 2012
Sell 7.36 K USD
LOGAN BARRY S
Senior Vice President
- 100
73.55 USD
12 years ago
May 02, 2012
Sell 21.9 K USD
LOGAN BARRY S
Senior Vice President
- 300
73.115 USD
12 years ago
May 02, 2012
Sell 36.6 K USD
LOGAN BARRY S
Senior Vice President
- 500
73.12 USD
12 years ago
May 02, 2012
Sell 7.31 K USD
LOGAN BARRY S
Senior Vice President
- 100
73.135 USD
12 years ago
May 02, 2012
Sell 14.6 K USD
LOGAN BARRY S
Senior Vice President
- 200
73.14 USD
12 years ago
May 02, 2012
Sell 14.6 K USD
LOGAN BARRY S
Senior Vice President
- 200
73.15 USD
12 years ago
May 02, 2012
Sell 58.5 K USD
LOGAN BARRY S
Senior Vice President
- 800
73.165 USD
12 years ago
May 02, 2012
Sell 29.3 K USD
LOGAN BARRY S
Senior Vice President
- 400
73.18 USD
12 years ago
May 02, 2012
Sell 58.6 K USD
LOGAN BARRY S
Senior Vice President
- 800
73.205 USD
12 years ago
May 02, 2012
Sell 14.6 K USD
LOGAN BARRY S
Senior Vice President
- 200
73.21 USD
12 years ago
May 02, 2012
Sell 46.6 K USD
LOGAN BARRY S
Senior Vice President
- 636
73.22 USD
12 years ago
May 02, 2012
Sell 29.3 K USD
LOGAN BARRY S
Senior Vice President
- 400
73.23 USD
12 years ago
May 02, 2012
Sell 22 K USD
LOGAN BARRY S
Senior Vice President
- 300
73.235 USD
12 years ago
May 02, 2012
Sell 34 K USD
LOGAN BARRY S
Senior Vice President
- 464
73.24 USD
12 years ago
May 02, 2012
Sell 14.6 K USD
LOGAN BARRY S
Senior Vice President
- 200
73.245 USD
12 years ago
May 02, 2012
Sell 44 K USD
LOGAN BARRY S
Senior Vice President
- 600
73.25 USD
12 years ago
May 02, 2012
Sell 44 K USD
LOGAN BARRY S
Senior Vice President
- 600
73.27 USD
12 years ago
May 02, 2012
Sell 22 K USD
LOGAN BARRY S
Senior Vice President
- 300
73.275 USD
12 years ago
May 02, 2012
Sell 58.6 K USD
LOGAN BARRY S
Senior Vice President
- 800
73.29 USD
12 years ago
May 02, 2012
Sell 14.7 K USD
LOGAN BARRY S
Senior Vice President
- 200
73.35 USD
12 years ago
May 02, 2012
Sell 7.34 K USD
LOGAN BARRY S
Senior Vice President
- 100
73.38 USD
12 years ago
May 02, 2012
Sell 36.7 K USD
LOGAN BARRY S
Senior Vice President
- 500
73.39 USD
12 years ago
May 02, 2012
Sell 29.4 K USD
LOGAN BARRY S
Senior Vice President
- 400
73.4 USD
12 years ago
May 02, 2012
Sell 44 K USD
LOGAN BARRY S
Senior Vice President
- 600
73.41 USD
12 years ago
May 02, 2012
Sell 44.6 K USD
LOGAN BARRY S
Senior Vice President
- 608
73.42 USD
12 years ago
May 02, 2012
Sell 29.4 K USD
LOGAN BARRY S
Senior Vice President
- 400
73.43 USD
12 years ago
May 02, 2012
Sell 7.29 K USD
LOGAN BARRY S
Senior Vice President
- 100
72.875 USD
12 years ago
May 02, 2012
Sell 36.4 K USD
LOGAN BARRY S
Senior Vice President
- 500
72.88 USD
12 years ago
May 02, 2012
Sell 65.6 K USD
LOGAN BARRY S
Senior Vice President
- 900
72.89 USD
12 years ago
May 02, 2012
Sell 29.2 K USD
LOGAN BARRY S
Senior Vice President
- 400
72.905 USD
12 years ago
May 02, 2012
Sell 7.29 K USD
LOGAN BARRY S
Senior Vice President
- 100
72.908 USD
12 years ago
May 02, 2012
Sell 21.9 K USD
LOGAN BARRY S
Senior Vice President
- 300
72.91 USD
12 years ago
May 02, 2012
Sell 7.29 K USD
LOGAN BARRY S
Senior Vice President
- 100
72.915 USD
12 years ago
May 02, 2012
Sell 43.8 K USD
LOGAN BARRY S
Senior Vice President
- 600
72.92 USD
12 years ago
May 02, 2012
Sell 43.8 K USD
LOGAN BARRY S
Senior Vice President
- 600
72.93 USD
12 years ago
May 02, 2012
Sell 7.29 K USD
LOGAN BARRY S
Senior Vice President
- 100
72.94 USD
12 years ago
May 02, 2012
Sell 139 K USD
LOGAN BARRY S
Senior Vice President
- 1902
72.95 USD
12 years ago
May 02, 2012
Sell 7.3 K USD
LOGAN BARRY S
Senior Vice President
- 100
72.955 USD
12 years ago
May 02, 2012
Sell 104 K USD
LOGAN BARRY S
Senior Vice President
- 1420
72.96 USD
7. News
Watsco to Present at the Stephens Investment Conference on November 19, 2024 at 2:00 p.m. CT MIAMI, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Rick Gomez, Vice President of Corporate Development, is scheduled to present at the Stephens Investment Conference being held at the Grand Hyatt in Nashville, Tennessee on Tuesday, November 19, 2024 at 2:00 p.m. (CT). Internet users can listen to a live webcast of the presentation at the Investor Relations section of Watsco's website at http://www.watsco.com. globenewswire.com - 2 days ago
Undervalued Dividend Opportunities - 3 Industrial Stocks Worth Considering Using metrics like shares outstanding, long-term debt, gross margin, P/E ratio, and historical dividend yield to assess if something is undervalued. AO Smith is more mainstream and offers shareholder friendly management and compelling long-term returns. WSO has seen explosive revenue growth and its stock price reflects this, but dividend growth may be slowing due to a high payout ratio. seekingalpha.com - 1 week ago
International Markets and Watsco (WSO): A Deep Dive for Investors Examine Watsco's (WSO) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock. zacks.com - 1 week ago
Watsco: Primed For Market-Beating Returns Following Q3 Earnings Watsco reported mixed Q3 results, but sees a stabilizing HVAC equipment market and reason for optimism. The company expects pricing and volumes to increase due to new regulatory requirements. Watsco's moat is strong and the company continues to take market share. seekingalpha.com - 2 weeks ago
Watsco Q3 Earnings & Revenues Lag Estimates, Stock Down WSO third-quarter 2024 results highlight better HVAC systems but tepid other HVAC and commercial refrigeration products. zacks.com - 3 weeks ago
Watsco, Inc. (WSO) Q3 2024 Earnings Call Transcript Watsco, Inc. (NYSE:WSO ) Q3 2024 Earnings Conference Call October 23, 2024 10:00 AM ET Company Participants Albert Nahmad - Chairman and CEO Paul Johnston - Executive Vice President Barry Logan - Executive Vice President of Planning and Strategy and Secretary A.J. Nahmad - President Rick Gomez - Vice President Conference Call Participants David Manthey - Robert W. seekingalpha.com - 3 weeks ago
Watsco (WSO) Q3 Earnings and Revenues Miss Estimates Watsco (WSO) came out with quarterly earnings of $4.22 per share, missing the Zacks Consensus Estimate of $4.84 per share. This compares to earnings of $4.35 per share a year ago. zacks.com - 3 weeks ago
Watsco Reports Record Sales, Enhanced Operating Efficiency, Strong Cash Flow and Improving Business Trends Entrepreneurial Culture, Debt-Free Balance Sheet, Leading Technologies and Upcoming Regulatory Change Support Long-Term Investment and Growth Entrepreneurial Culture, Debt-Free Balance Sheet, Leading Technologies and Upcoming Regulatory Change Support Long-Term Investment and Growth globenewswire.com - 3 weeks ago
Watsco Gears Up to Report Q3 Earnings: Here's What to Expect WSO's positive HVAC demand trends, technology innovation and operating efficiencies are likely to get reflected in its third-quarter performance. zacks.com - 3 weeks ago
Unlocking Q3 Potential of Watsco (WSO): Exploring Wall Street Estimates for Key Metrics Evaluate the expected performance of Watsco (WSO) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight. zacks.com - 3 weeks ago
Watsco (WSO) Earnings Expected to Grow: What to Know Ahead of Next Week's Release Watsco (WSO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 1 month ago
Watsco Schedules Third Quarter Earnings Conference Call on Wednesday, October 23, 2024 MIAMI, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2024 third quarter financial results on Wednesday, October 23, 2024 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team. globenewswire.com - 1 month ago
8. Profile Summary

Watsco, Inc. WSO

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COUNTRY US
INDUSTRY Industrial - Distribution
MARKET CAP $ 21 B
Dividend Yield 0.59%
Description Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, refrigeration equipment, and related parts and supplies. The company distributes equipment comprising residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. It also offers parts, including 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. The company serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. As of December 31, 2021, it operated from 671 locations in the United States, Canada, Mexico, and Puerto Rico, as well as exports its products to Latin America and the Caribbean Basin. Watsco, Inc. was founded in 1945 and is headquartered in Miami, Florida.
Contact 2665 South Bayshore Drive, Miami, FL, 33133 https://www.watsco.com
IPO Date June 7, 1984
Employees 7350
Officers Mr. Albert H. Nahmad Chairman & Chief Executive Officer Mr. Aaron J. Nahmad Co-Vice Chairman & President Mr. Paul W. Johnston Executive Vice President Mr. Steven Rupp Chief Technology Officer