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WSO

Watsco, Inc.

WSO

NYSE·Industrials·Industrial - Distribution·Mkt cap $16.8B

$404.71

-0.71%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$323.05 - $494.94

P/E

33.59

Fwd P/E

31.10

Beta

1.03

Div Yield

3.02%

Avg Vol

416.4K

Shares Out

40.7M

Mkt Cap

$16.8B

Price action

Price chart

Down 10.7% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

3 reasons

  • Market leadership as North America's largest HVAC distributor with 671 strategically located branches
  • Extensive supplier relationships and inventory depth providing one-stop shopping for contractors
  • Established customer base of contractors and dealers with high switching costs and recurring revenue

Bear Case

2 risks

  • Average volatility.
  • Premium valuation to Industrial Distribution peers

Growth

Stable outlook

Residential replacement market driven by aging HVAC systems and climate change adaptation

Value

Premium valuation to Industrial Distribution peers

Momentum

Strong

+10.1% over 3m

Quality

Stable

Strong fundamentals

Dividend

Solid

3.02% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Apr 16, 2026

Q2 26 RECAP

APR 28, 2026

Reported EPS of $1.87 vs $1.73 consensus (+8.1% surprise). Revenue of $1.5B vs $1.5B expected (+3.1%). Beat on both top and bottom lines.

EPS beat +8.1%
Rev beat +3.1%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+8.1%

Next: Apr 16, 2026

Revenue trend · last 8Q

+9%

-2%

-4%

-4%

-10%

+0%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$2.1B

$2.2B

$1.8B

$1.5B

$2.1B

$2.1B

$1.6B

$1.5B

Margins · last 8Q

Gross

27.9%

Operating

7.2%

Profit

5.2%

Wall Street consensus

4 analysts · 25% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

25%

Hold

3

75%

Sell

0%

Median Price Target

$485.00

+19.8% vs $404.71

Low $485.00
Median $485.00
High $485.00

Latest: Stephens · $485.00 · Apr 29, 2026

1 analyst covering

vs Industry

How WSO stacks vs Industrial - Distribution

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.