Watsco, Inc. (NYSE:WSO) is the largest distributor of heating, air conditioning, and refrigeration (HVAC/R) products with 507 locations in 36 states, Puerto Rico, Latin America and the Caribbean. Founded more than 50 years ago as a manufacturer of parts and components for HVAC/R equipment, Watsco entered the distribution segment in 1989 and has become the industry leader with sales of $2.0 billion in 2009. Watsco has 4,000 employees assisting over 50,000 contractors who, in turn, service, repair or replace HVAC/R systems. Watsco meets contractor’s needs by supplying the products required for the four major industry segments: Air conditioners, furnaces and related parts (50%) Air movement products, including ductwork and insulation (25%) Controls, including thermostats and air treatment systems (15%) Refrigeration products (10%)
Miami, US
Size (employees)
5,050 (est)+1%
Watsco was founded in 1947 and is headquartered in Miami, US

Watsco Office Locations

Watsco has office in Miami
Miami, US

Watsco Metrics

Watsco Summary

Market capitalization

$4.8 b

Closing share price

Watsco's current market capitalization is $4.8 b.

Watsco Financials

Watsco's revenue is $4.2 b in FY, 2016 which is a 2.6% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016


$3.7 b$3.9 b$4.1 b$4.2 b

Revenue growth, %


Gross profit

$899.3 m$956.4 m$1 b


$271.2 m$305.7 m$336.7 m

Net Income

$187.7 m$208.7 m$226.5 m$236 m

Operating cash flow

($54.3 m)$5 m$10.8 m

Watsco Market Value History

Watsco Online Presence

Watsco Company Life

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