Watsco

Watsco

Trading Companies & Distributors
Watsco is the largest heating, ventilation, air conditioning, and refrigeration products distributor in North America. The company primarily operates in the United States (90% of revenue), with significant exposure in the Sun Belt states. Watsco also has operations in Canada (5% of sales) and Latin America (5% of sales). The company's customer base consists of more than 125,000 contractors that serve the replacement and new construction HVACR markets for residential and light commercial applications.

$12.9B

Market Cap • 9/28/2026

1956

(70 years)

Founded

1984

(42 years ago)

IPO

NYSE

Listing Exchange

Flag of United States

United States

Country

Valuation

P/B

4,3

P/S

1,8

P/EBITDA

17,7

P/OCF

17,6

P/FCF

18,5

P/E

27,2

BVPS

78,8

EPS

11,5

Market Cap

Market Cap

12,9B

EV

13,5B

EV/Revenue

1,8

EV/EBITDA

18,5

EV/EBIT

19,7

Payout

Dividend Per Share

13,1

Dividend Yield

4,2%

Buyback Yield

-0,3%

Total Yield

3,9%

Dividend Yield 5Y

3,3%

Payout

104,9%

Retained Earnings

1,3B

Profitability

Gross Margin

27,5%

EBITDA Margin

10%

EBIT Margin

9,4%

Net Margin

7,7%

D&A/EBITDA

0%

R&D/Revenue

0%

Capex/Revenue

0,5%

Capex/D&A

82,1%

Capex/OCF

4,9%

SBC/OCF

4,7%

% PPE

12,9%

% Goodwill

11%

ROE

16,7%

ROIC

15,3%

Growth

CAGR Revenue 5Y

5,1%

CAGR Op. Income 5Y

5,5%

CAGR Net Income 5Y

5,9%

CAGR EPS 5Y

5,1%

CAGR OCF 5Y

15,6%

Leverage

N.D./EBITDA

0,1

Debt/Equity

0%

Current Ratio

3,2

Quick Ratio

1,4

Interest Coverage

—

Premium

Unlock 100% of the data and have immediate access on more than 6.000 companies with updated information!
  • Unrestricted access
  • Unlimited data history
  • Analysis videos
  • Quarterly highlights
  • Customizable financials table
  • Ranking
  • Discussions

...and much more!

Get Premium