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%)
Type
Public
HQ
Miami, US
Founded
1947
Employees
5,000 (est)
Watsco was founded in 1947 and is headquartered in Miami, US

Watsco Locations

Miami, US

Watsco Metrics

Watsco Summary

Market capitalization

$5.05 B

Closing share price

$154
Watsco's latest market capitalization is $5.05 B.

Watsco Market Value History

Watsco Company Life