Watsco distributes air conditioning, heating, refrigeration equipment and related parts and supplies in different countries. The Company distributes equipment, including residential central air conditioners, gas, electric, and oil furnaces, commercial air conditioning and heating equipment. It also distributes various parts comprising replacement compressors, evaporator coils, motors, and other component parts and supplies, such as thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies.
Type
Public
HQ
Miami, US
Founded
1945
Size (employees)
5,050 (est)
Website
watsco.com
Watsco was founded in 1945 and is headquartered in Miami, US
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Watsco Office Locations

Watsco has an office in Miami
Miami, US (HQ)
2665 S Bayshore Dr
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Watsco Financials and Metrics

Watsco Financials

Watsco's revenue was reported to be $4.22 b in FY, 2016 which is a 2.6% increase from the previous period.
USD

Revenue (Q1, 2018)

926.6 m

Gross profit (Q1, 2018)

230.8 m

Gross profit margin (Q1, 2018), %

24.9%

Net income (Q1, 2018)

42.4 m

EBIT (Q1, 2018)

53.9 m

Market capitalization (22-Jun-2018)

6.8 b

Closing share price (22-Jun-2018)

181.6

Cash (31-Mar-2018)

58.1 m
Watsco's current market capitalization is $6.8 b.
Annual
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
Quarterly
USDQ1, 2018

Revenue

926.6 m

Cost of goods sold

695.7 m

Gross profit

230.8 m

Gross profit Margin, %

25%
Annual
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
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

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 m58.1 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 m486.7 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 m810 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 b1.4 b
Annual
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

Inventories

(41 m)(99 m)(3.7 m)(9.7 m)

Accounts Payable

(7.3 m)45.2 m(13.2 m)39.8 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018

Net Income

42.4 m

Depreciation and Amortization

5.5 m

Inventories

760 m729.9 m800.9 m799 m751.9 m746.1 m749.3 m739.7 m751.5 m786.1 m(49.9 m)

Accounts Payable

269 m224.3 m238.3 m243.5 m200.6 m222.5 m273.3 m229.7 m259.7 m296.3 m(36.6 m)
USDY, 2018

Financial Leverage

1.3 x
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Watsco Online and Social Media Presence

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Watsco News and Updates

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