Watsco
WSO and WSO.BWatsco is the largest distributor of air conditioning, heating, and refrigeration (HVAC/R) equipment, parts, and supplies in North America.
Earnings
Next report
Jul 29, 2026 (In 2 weeks)Valuation & ratios
Competitors
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Profile
Watsco is the largest distributor of air conditioning, heating, and refrigeration (HVAC/R) equipment, parts, and supplies in North America. The company operates through a 'buy and build' strategy, acquiring market-leading distributors and scaling them through technology innovation, expanded product lines, and a vast network of distribution locations. Its core value proposition centers on providing immediate product availability and technical expertise to a large base of professional contractors serving the residential and commercial replacement markets.
Watsco is the dominant market leader in North American HVAC/R distribution, leveraging a massive scale and proprietary technology platforms to outperform fragmented local competitors and factory-owned networks.
Questions, answered.
- What is Watsco's market cap?
- Watsco (WSO) has a market capitalization of $15.7B and trades on NYSE.
- What is Watsco's revenue and profitability?
- Watsco generated $7.2B in trailing twelve-month revenue with net income of $496.0M, representing a net margin of 6.8%. Gross margin stands at 28.0%, with free cash flow of $694.4M. These figures are based on the Q1 2026 filing.
- Who are Watsco's competitors?
- Watsco's key competitors include Ferguson plc, Lennox International Inc., Trane Technologies plc, and others. These companies compete in similar markets and product categories.
- Who does Watsco partner with?
- Watsco's notable partners include Carrier Global Corporation, Rheem Manufacturing Company, Daikin Industries, Ltd., and others.
- What subsidiaries does Watsco have?
- Watsco's subsidiaries include Carrier Enterprise, Homans Associates LLC, Watsco Ventures, LLC, and others.
- Where is Watsco headquartered?
- Watsco is headquartered in United States of America and employs approximately 7,425 people. It has been publicly traded since 1984.
