Watsco Inc (WSO)
NYSE:WSO
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WSO Stock Chart & Stats
$430.26
$0.22(0.05%)
At close: 4:00 PM EST
$430.26
$0.22(0.05%)
Day’s Range― - ―
52-Week Range$323.05 - $494.94
Previous CloseN/A
Volume45.13K
Average Volume (3M)433.30K
Market Cap
$14.98B
Enterprise Value$15.01B
Total Cash (Recent Filing)$592.68M
Total Debt (Recent Filing)$476.20M
Price to Earnings (P/E)27.5
Beta1.00
Next Earnings
Aug 04, 2026EPS Estimate
4.36Next Dividend Ex-DateN/A
Dividend Yield3.38%
Share Statistics
EPS (TTM)12.06
Shares Outstanding35,003,790
10 Day Avg. Volume391,680
30 Day Avg. Volume433,299
Financial Highlights & Ratios
PEG Ratio-3.14
Price to Book (P/B)4.59
Price to Sales (P/S)1.76
P/FCF Ratio23.85
Enterprise Value/Market Cap1.00
Enterprise Value/Revenue2.07
Enterprise Value/Gross Profit7.31
Enterprise Value/Ebitda19.28
Forecast
1Y Price Target
$435.60Price Target Upside1.24% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)12.67
Revenue Forecast (FY)$7.53B
Bulls Say, Bears Say
Bulls Say
Conservative Balance Sheet / Low LeverageLow leverage (debt-to-equity ~0.17) and a debt-free posture provide durable financial flexibility. This reduces refinancing risk, supports opportunistic M&A and dividends, and cushions the business through HVAC cyclical troughs, preserving capital allocation optionality over months.
Strong Free Cash Flow And Earnings QualityHigh and consistent FCF (~$702M, ~94% of net income) underpins durable internal funding for dividends, buybacks, tech investment and acquisitions. Reliable cash conversion supports long-term returns and resilience to working-capital swings that can create periodic volatility.
Digital/e‑commerce And Platform Growth (OnCallAir)Accelerating e-commerce (16% growth) and OnCallAir (20% growth, GMV > $2B) strengthen a lower cost-to-serve, scalable channel. This structurally improves margins and customer stickiness, diversifies sales mix toward recurring parts and services, and supports long-term competitive advantage.
Bears Say
Inventory Build / Working-capital StrainA sizable inventory increase tied to product transitions and seasonal stocking ties up cash and raises risk of obsolescence. Over a multi-month horizon, higher inventory can compress free cash flow, necessitate markdowns, and amplify volatility from working-capital swings.
Unit-volume Pressure And Slowed Top-line GrowthPersistently lower unit volumes point to a mature end market and slower organic growth. Structural reliance on mix and pricing to offset units limits revenue upside and can pressure long-term margin expansion if volume-driven operating leverage remains muted.
OEM Price/tariff UncertaintyUncertainty around supplier price hikes and tariffs can create structural margin volatility. If Watsco cannot fully pass through higher OEM costs, earnings and demand may be impaired; ambiguous timing complicates planning and could weaken margin sustainability over quarters.
Watsco News
WSO FAQ
What was Watsco Inc’s price range in the past 12 months?
Watsco Inc lowest stock price was $323.05 and its highest was $494.94 in the past 12 months.
What is Watsco Inc’s market cap?
Watsco Inc’s market cap is $14.98B.
When is Watsco Inc’s upcoming earnings report date?
Watsco Inc’s upcoming earnings report date is Aug 04, 2026 which is in 62 days.
How were Watsco Inc’s earnings last quarter?
Watsco Inc released its earnings results on Apr 28, 2026. The company reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.693 by $0.177.
Is Watsco Inc overvalued?
According to Wall Street analysts Watsco Inc’s price is currently Undervalued.
Does Watsco Inc pay dividends?
Watsco Inc pays a Quarterly dividend of $3 which represents an annual dividend yield of 3.38%. See more information on Watsco Inc dividends here
What is Watsco Inc’s EPS estimate?
Watsco Inc’s EPS estimate is 4.36.
How many shares outstanding does Watsco Inc have?
Watsco Inc has 35,003,790 shares outstanding.
What happened to Watsco Inc’s price movement after its last earnings report?
Watsco Inc reported an EPS of $1.87 in its last earnings report, beating expectations of $1.693. Following the earnings report the stock price went down -4.025%.
Which hedge fund is a major shareholder of Watsco Inc?
Currently, no hedge funds are holding shares in WSO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Watsco Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$435.60 (1.24% Upside)
$435.60 (1.24% Upside)
Blogger Sentiment
Bullish
WSO Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 843.0 Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-16.43%
12-Months-Change
Fundamentals
Return on Equity
17.84%
Trailing 12-Months
Asset Growth
4.38%
Trailing 12-Months
Company Description
Watsco Inc
Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, refrigeration equipment, and related parts and supplies. The company distributes equipment comprising residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. It also offers parts, including 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. The company serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. As of December 31, 2021, it operated from 671 locations in the United States, Canada, Mexico, and Puerto Rico, as well as exports its products to Latin America and the Caribbean Basin. Watsco, Inc. was founded in 1945 and is headquartered in Miami, Florida.
WSO Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a predominately constructive tone: management highlighted stability returning after the A2L transition, modest top-line growth (2%), strong e-commerce and OnCallAir momentum (16% and 20% growth respectively, with GMV > $2B expected), a strategic acquisition (Jackson Supply, $230M, +25 locations), intact gross margins, flat SG&A and a debt-free balance sheet. Offsetting items were ongoing unit-volume pressure (though stabilizing), a notable Q1 inventory build, and uncertainty around forthcoming OEM price increases and seasonal comps. Overall the positive drivers (digital growth, acquisition, margin programs, strong balance sheet and improving seasonal momentum) outweigh the transitory operational uncertainties.View all WSO earnings summariesWSO Stock 12 Month Forecast
Average Price Target
$435.60
▲(1.24% Upside)
Technical Analysis
Ownership Overview
0.38% Insiders
36.76% Mutual Funds
19.10% Other Institutional Investors
15.98% Public Companies and
Individual Investors