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Industrials - Industrial - Distribution - NYSE - US
$ 472.7
-1.12 %
$ 19.1 B
Market Cap
35.57
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one WSO stock under the worst case scenario is HIDDEN Compared to the current market price of 473 USD, Watsco, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one WSO stock under the base case scenario is HIDDEN Compared to the current market price of 473 USD, Watsco, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one WSO stock under the best case scenario is HIDDEN Compared to the current market price of 473 USD, Watsco, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart WSO

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$580.0$580.0$560.0$560.0$540.0$540.0$520.0$520.0$500.0$500.0$480.0$480.0$460.0$460.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
7.62 B REVENUE
4.59%
782 M OPERATING INCOME
1.34%
636 M NET INCOME
0.25%
773 M OPERATING CASH FLOW
37.57%
-291 M INVESTING CASH FLOW
-603.07%
-159 M FINANCING CASH FLOW
65.54%
1.75 B REVENUE
-18.80%
136 M OPERATING INCOME
-45.58%
115 M NET INCOME
-57.59%
379 M OPERATING CASH FLOW
62.78%
-7.95 M INVESTING CASH FLOW
87.84%
-133 M FINANCING CASH FLOW
-34.99%
Balance Sheet Watsco, Inc.
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Current Assets 3.08 B
Cash & Short-Term Investments 782 M
Receivables 878 M
Other Current Assets 1.42 B
Non-Current Assets 1.4 B
Long-Term Investments 169 M
PP&E 560 M
Other Non-Current Assets 671 M
17.46 %19.60 %31.70 %3.76 %12.49 %14.99 %Total Assets$4.5b
Current Liabilities 984 M
Accounts Payable 491 M
Short-Term Debt 110 M
Other Current Liabilities 383 M
Non-Current Liabilities 431 M
Long-Term Debt 337 M
Other Non-Current Liabilities 94.2 M
34.68 %7.79 %27.04 %23.82 %6.66 %Total Liabilities$1.4b
EFFICIENCY
Earnings Waterfall Watsco, Inc.
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Revenue 7.62 B
Cost Of Revenue 5.57 B
Gross Profit 2.04 B
Operating Expenses 1.26 B
Operating Income 782 M
Other Expenses 146 M
Net Income 636 M
8b8b7b7b6b6b5b5b4b4b3b3b2b2b1b1b008b(6b)2b(1b)782m(146m)636mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
26.84% GROSS MARGIN
26.84%
10.26% OPERATING MARGIN
10.26%
7.04% NET MARGIN
7.04%
20.18% ROE
20.18%
11.97% ROA
11.97%
14.49% ROIC
14.49%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Watsco, Inc.
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800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 636 M
Depreciation & Amortization 40.8 M
Capital Expenditures 0
Stock-Based Compensation 35 M
Change in Working Capital 78.2 M
Others -9.24 M
Free Cash Flow 773 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 $469 , with forecasts ranging from a low of $415 to a high of $540 .
WSO Lowest Price Target Wall Street Target
415 USD -12.21%
WSO Average Price Target Wall Street Target
469 USD -0.85%
WSO Highest Price Target Wall Street Target
540 USD 14.24%
Price
Max Price Target
Min Price Target
Average Price Target
580580560560540540520520500500480480460460440440420420400400May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.61% DIVIDEND YIELD
3 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
12.00012.00010.00010.0008.0008.0006.0006.0004.0004.0002.0002.0000.0000.0000.70.851.051.251.61.61.7751.952.452.452.70.70.851.051.451.61.7751.952.22.452.730.70.851.251.451.61.7751.952.22.452.70.72.801.053.601.254.601.455.601.66.401.7756.931.957.632.28.552.459.802.710.555.702015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 9
6. Ownership
Insider Ownership Watsco, Inc.
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Sold
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0 USD 0
3-6 MONTHS
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6-9 MONTHS
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9-12 MONTHS
0 USD 0
Bought
0 USD 0
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3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
3 No-Brainer Dividend Stocks to Buy and Hold for Decades to Come Buying and holding a stock over the long term requires conviction that the company will live up to investor expectations. fool.com - 2 weeks ago
Watsco Declares $3.00 Quarterly Dividend, Reflects 11% Increase to an Annual Rate of $12.00 Per Share MIAMI, April 01, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $3.00 on each outstanding share of its Common and Class B common stock payable on April 30, 2025 to shareholders of record at the close of business on April 15, 2025. This marks an 11% increase to an annual rate of $12.00 per share. globenewswire.com - 2 weeks ago
Why Is Watsco (WSO) Down 0.7% Since Last Earnings Report? Watsco (WSO) reported earnings 30 days ago. What's next for the stock? zacks.com - 1 month ago
Here's Why You Should Retain Watsco Stock in Your Portfolio Now WSO is expanding through strong sales and technology advancements. However, rising costs remain a challenge. zacks.com - 1 month ago
Watsco to Participate in the J.P. Morgan 2025 Industrials Conference on March 12, 2025 at 8:15 a.m. MIAMI, March 11, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) today announced  its participation in the upcoming J.P. Morgan 2025 Industrials Conference. globenewswire.com - 1 month ago
Watsco Is Primed For A Growth Acceleration, And I'm Buying More Watsco's Q4 results were exceptional, with record sales, expanded margins, and new customer growth, signaling strong future growth potential. The company benefits from long-term tailwinds, regulatory changes, and a strong moat, making it well-positioned for sustained demand and continued market share gains. Watsco's dividend increase by 11% and robust free cash flow growth underscore its commitment to delivering shareholder value and confidence in future performance. seekingalpha.com - 1 month ago
Watsco (WSO) Upgraded to Buy: What Does It Mean for the Stock? Watsco (WSO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. zacks.com - 1 month ago
Watsco's Q4 Earnings & Revenues Beat, HVAC Equipment Sales Up Y/Y WSO's fourth-quarter 2024 results reflect solid HVAC equipment demand trends across geographies. Read on to learn about the firm's performance. zacks.com - 1 month ago
Watsco (WSO) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates The headline numbers for Watsco (WSO) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 2 months ago
Watsco (WSO) Q4 Earnings and Revenues Surpass Estimates Watsco (WSO) came out with quarterly earnings of $2.37 per share, beating the Zacks Consensus Estimate of $2.13 per share. This compares to earnings of $2.06 per share a year ago. zacks.com - 2 months ago
Watsco: Q4 Earnings Beat Expectations HVAC/R equipment distributor specialist Watsco (WSO 1.51%) reported robust fourth-quarter and full-year 2024 earnings on Tuesday, Feb. 18, that topped analysts' consensus estimates. Key highlights included earnings per share (EPS) of $2.37, rising from $2.06 the previous year and outperforming the $2.19 estimate. fool.com - 2 months ago
Watsco Boosts Annual Dividend 11% to $12.00 Per Share MIAMI, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced that its Board of Directors approved an 11% increase in its annual dividend to $12.00 per share on each outstanding share of its Common and Class B common stock. The increase will be reflected in the Company's next quarterly dividend payment in April 2025. globenewswire.com - 2 months ago
8. Profile Summary

Watsco, Inc. WSO

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COUNTRY US
INDUSTRY Industrial - Distribution
MARKET CAP $ 19.1 B
Dividend Yield 0.61%
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 7220
Officers Mr. Rick Gomez Vice President of Corporate Development Mr. Albert H. Nahmad Chairman & Chief Executive Officer Mr. Barry S. Logan CPA Executive Vice President of Planning & Strategy, Secretary and Director Mr. Paul W. Johnston Executive Vice President Mr. Aaron J. Nahmad Co-Vice Chairman & President Mr. Steven Rupp Chief Technology Officer