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
Size (employees)
5,000 (est)
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

$5.03 B

Closing share price

$152
Watsco's current market capitalization is $5.03 B.

Watsco Financials

Watsco's revenue is $4.11 B in FY, 2015 which is 4.28% increase from the previous period.
FY, 2015FY, 2014FY, 2013

Revenue

$4.11 B$3.94 B$3.74 B

Revenue growth, %

4.3%5.4%

Gross profit

$1.01 B$956 M$899 M

Operating income

$337 M$306 M$271 M

Net Income

$227 M$209 M$188 M

Operating cash flow

$10.8 M$4.97 M$-54.3 M

Watsco Market Value History

Watsco Online Presence

Watsco Company Life