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StockVS

NYSE · Industrial Distribution · USD

Watsco, Inc. (WSO) Stock Analysis

Watsco, Inc. (WSO) is a Industrial Distribution stock listed on NYSE and quoted in US Dollar.

WSO

$315.13

−$0.25 (−0.08%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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WSO Key Statistics

As of Sep 4, 2026
Trading
Open
$315.10
Previous Close
$315.38
Day's Range
312.91–318.32
52-Week Range
295.75–459.00
Volume
281.40K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.04
Valuation
Market Cap
$13.00B
P/E Ratio
27.03
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
23.74
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.21
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.78
EPS (ttm)Profit attributable to each share over the last twelve months.
11.66
Financials (FY)
Revenue (FY)
$7.24B−4.98%
Net Income (FY)
$496.99M−7.33%
Profit marginThe share of revenue left as profit after all costs and taxes.
6.53%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
35.59M
1-Year Return
−19.27%
Dividend and dates
Dividend
$13.20+4.19%
Ex-Dividend Date
July 16, 2026
Earnings Date
October 28, 2026estimated
Avg Volume
455.31K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

WSO Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−4.16%
2025−27.02%
2024+13.22%
2023+77.00%
2022−17.74%
2021+42.09%
2020+30.57%
2019+34.99%
2018−15.54%
2017+18.36%
2016 (partial year)+4.36%

As of September 4, 2026.

WSO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$7.24B$496.99M6.9%
2024$7.62B$536.29M7.0%
2023$7.28B$536.34M7.4%
2022$7.27B$601.17M8.3%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$7.24B$2.03B$692.58M$496.99M6.9%
2024$7.62B$2.04B$751.27M$536.29M7.0%
2023$7.28B$1.99B$768.63M$536.34M7.4%
2022$7.27B$2.03B$808.91M$601.17M8.3%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

WSO Dividend History

$11.70+10.9% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$9.603—
2025$11.704+10.9%
2024$10.554+7.7%
2023$9.804+14.6%
YearDividends per sharePaymentsChange
2026 (partial year)$9.603—
2025$11.704+10.9%
2024$10.554+7.7%
2023$9.804+14.6%
2022$8.554+12.1%
2021$7.634+10.1%
2020$6.934+8.2%
2019$6.404+14.3%
2018$5.604+21.7%
2017$4.604+338.1%
2016$1.051—

Most recent payment: $3.20 per share, ex-dividend July 16, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

WSO Valuation vs Industrial Distribution Median

Median of 31 stocks
MetricWSOIndustrial Distribution medianvs median
P/E27.0322.4820% above
P/S ratio1.780.9981% above
Profit margin6.53%3.41%3.1 pts above

Medians across 31 Industrial Distribution stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

All 15 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Watsco, Inc. (WSO) carries a market capitalisation of $13.00B. It is classified in the Industrial Distribution industry, within the Industrials sector. The company reports 6,950 employees.

The most recent close on file for WSO is $315.13, dated September 4, 2026. That is −$0.25 (−0.08%) against the previous close. The 52-week range on file runs from $295.75 to $459.00. The latest close sits 6.55% above that 52-week low.

Financial Health

In fiscal 2025, Watsco, Inc. reported revenue of $7.24B. That is −4.98% against the prior fiscal year, when revenue was $7.62B. The same year closed with net income of $496.99M. That is −7.33% against the prior fiscal year. The reported profit margin is 6.53%. That is 3.1 percentage points above the Industrial Distribution median of 3.41%. Trailing earnings per share are 11.66.

Across the 4 fiscal years on file, revenue moves from $7.27B in 2022 to $7.24B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 27.03. That is 20.24% above the Industrial Distribution median of 22.48. The forward P/E on file is 23.74. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.21. Measured against sales, the shares trade at 1.78 times revenue. On price-to-sales that is 80.65% above the Industrial Distribution median of 0.99. The medians here are taken across 31 Industrial Distribution companies that report the metric.

Beta against the wider market is reported at 1.04. Annualized volatility over the trailing 10 years is 28.44%. The trailing one-year price return is −19.27%. Measured over 10 years, that is +11.15% a year compounded.

Growth & Income

Shareholders receive a dividend, yielding 4.19% on the latest price. That is 2.1 percentage points above the Industrial Distribution median yield of 2.13%. The indicated annual rate is $13.20 a share. The ex-dividend date on file is July 16, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $9.60 a share. The year before, 2025, totalled $11.70 a share.

So far in 2026 the price is −4.16%. Across the complete calendar years on file, 2023 returned +77.00% and 2025 returned −27.02%. Of the 9 complete calendar years on file, 6 finished higher.

Peer Comparison

Watsco, Inc. (WSO) operates in the Industrial Distribution industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Watsco, Inc. WSO $13.00B 27.0
W.W. Grainger, Inc. GWW $62.38B 33.5
Fastenal Company FAST $56.92B 42.4
Ferguson Enterprises Inc. FERG $44.19B 22.5

The Industrial Distribution industry average P/E ratio is 22.5x. Watsco, Inc. trades at a P/E of 27.0.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Watsco, Inc.

Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, and refrigeration equipment, and related parts and supplies in the United States, Canada, Latin America, and the Caribbean. It distributes equipment, including residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. The company also offers parts comprising replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation materials, refrigerants, ductworks, grills, registers, sheet metals, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies, as well as plumbing and bathroom remodeling supplies. It serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. Watsco, Inc. was incorporated in 1956 and is headquartered in Miami, Florida.

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