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%)
Company Growth (employees)
Type
Public
HQ
Miami, US
Founded
1947
Size (employees)
5,050 (est)
Website
watsco.com
Watsco was founded in 1947 and is headquartered in Miami, US

Watsco Office Locations

Watsco has an office in Miami
Miami, US (HQ)
901 2665 S Bayshore Dr

Watsco Financials and Metrics

Watsco Financials

Watsco's revenue was reported to be $4.2 b in FY, 2016 which is a 3% increase from the previous period.
USD

Revenue (FY, 2016)

4.2 b

Revenue growth (FY, 2015 - FY, 2016), %

3%

Gross profit (FY, 2016)

1 b

Gross profit margin (FY, 2016), %

25%

Net income (FY, 2016)

236 m

EBIT (FY, 2016)

345.6 m

Market capitalization (11-Dec-2017)

6 b

Cash (30-Sep-2017)

66.7 m
Watsco's current market capitalization is $6 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

3.7 b3.9 b4.1 b4.2 b

Revenue growth, %

5%4%3%

Cost of goods sold

3.1 b3.2 b

Gross profit

1 b1 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

19.5 m24.4 m35.2 m56 m

Accounts Receivable

399.6 m434.2 m451.1 m476 m

Inventories

583.2 m678 m674 m685 m

Current Assets

1 b1.2 b1.2 b1.2 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

29.2 m19.5 m16.9 m16.7 m16.3 m21.9 m28.5 m32.9 m30.5 m35.9 m47.4 m51 m66.7 m

Accounts Receivable

466.3 m394.9 m549.9 m502.5 m436.5 m599.1 m510 m464.2 m606.5 m548 m481.6 m613.2 m568.5 m

Inventories

643.9 m707.8 m760 m729.9 m800.9 m799 m751.9 m746.1 m749.3 m739.7 m751.5 m770 m786.1 m

Current Assets

1.2 b1.1 b1.3 b1.3 b1.3 b1.4 b1.3 b1.3 b1.4 b1.3 b1.3 b1.5 b1.4 b
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    187.7 m208.7 m226.5 m236 m

    Depreciation and Amortization

    17.7 m17.9 m19.1 m20.1 m

    Accounts Receivable

    (26 m)(41 m)(26 m)(26.9 m)

    Inventories

    (41 m)(99 m)(3.7 m)(9.7 m)
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017

    Accounts Receivable

    549.9 m502.5 m436.5 m599.1 m510 m464.2 m606.5 m548 m481.6 m568.5 m

    Inventories

    760 m729.9 m800.9 m799 m751.9 m746.1 m749.3 m739.7 m751.5 m786.1 m

    Accounts Payable

    269 m224.3 m238.3 m243.5 m200.6 m222.5 m273.3 m229.7 m259.7 m296.3 m
      Y, 2017

      Financial Leverage

      1.6 x
      Show all financial metrics

      Watsco Market Value History

      Watsco's Web-traffic and Trends

      Watsco Online and Social Media Presence

      Watsco Company Life and Culture

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