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.

Last Updated: October 21, 2026

WSO

$305.03

+$3.18 (+1.05%)

Oct 21, 2026 · Market close

Compare

Price History

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

Compare WSO with… →

WSO Key Statistics

As of Oct 21, 2026
Trading
Open
$303.55
Previous Close
$301.85
Day's Range
301.00–308.33
52-Week Range
277.34–459.00
Volume
417.50K
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
$12.58B
P/E Ratio
26.14
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
22.99
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.
1.16
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.73
EPS (ttm)Profit attributable to each share over the last twelve months.
11.67
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
−17.56%
Dividend and dates
Dividend
$13.20+4.37%
Ex-Dividend Date
October 16, 2026
Earnings Date
October 27, 2026
Avg Volume
532.89K

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

Key facts

As of October 21, 2026, WSO closed at $305.03, −17.56% over 1 year.

Watsco, Inc. (WSO) has a market capitalization of $12.58B.

In fiscal 2025, WSO reported revenue of $7.24B.

WSO Stock Return by Calendar Year

Watsco, Inc. (WSO) 10-year return: what $10,000 became

1 year
$10,000 $8,244
−17.56%
5 years
$10,000 $11,718
+17.18%
10 years
$10,000 $29,338
+193.38%

If you had invested $10,000 in Watsco, Inc. (WSO) 10 years ago, at the close on October 21, 2016, it would have been worth $29,338 at the close on October 21, 2026: +193.38% in total, +11.36% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

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

YearReturn
2026 (partial year)−7.23%
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 October 21, 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—

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/E26.1424.138% above
P/S ratio1.730.9680% above
Profit margin6.53%3.73%2.8 pts above

Medians across 31 Industrial Distribution stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

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

Analysis

Data-derived

Company Overview

Watsco, Inc. (WSO) carries a market capitalisation of $12.58B. 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 $305.03, dated October 21, 2026. That is +$3.18 (+1.05%) against the previous close. The 52-week range on file runs from $277.34 to $459.00. The latest close sits 9.98% 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 2.8 percentage points above the Industrial Distribution median of 3.73%. Trailing earnings per share are 11.67.

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 26.14. That is 8.33% above the Industrial Distribution median of 24.13. The forward P/E on file is 22.99. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.16. Measured against sales, the shares trade at 1.73 times revenue. On price-to-sales that is 79.73% above the Industrial Distribution median of 0.96. 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 28.46%. The trailing one-year total return is −17.56%. Measured over 10 years, that is +11.36% a year compounded.

Growth & Income

Shareholders receive a dividend, yielding 4.37% on the latest price. That is 2.4 percentage points above the Industrial Distribution median yield of 1.93%. The indicated annual rate is $13.20 a share. The ex-dividend date on file is October 16, 2026. Dividends are recorded for 10 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 total return is −7.23%. 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 $12.58B 26.1
W.W. Grainger, Inc. GWW $63.67B 34.5
Fastenal Company FAST $60.23B 42.7
Ferguson Enterprises Inc. FERG $44.10B 22.4

The Industrial Distribution industry average P/E ratio is 24.1x. Watsco, Inc. trades at a P/E of 26.1.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

Related Industrial Distribution Stocks

View all Industrial Distribution stocks →

Popular Industrials Stocks

View all Industrials stocks →

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.

Visit website →