Watsco D
D
WSO/B
316.98
USD
13.21
(4.35%)
Market Closed
Last updated: · Delayed 15 min
Volume
0
EPS
13
Div Yield
4.49
P/E
27
Market Cap
13,076,120,454
Title: Watsco
Sector: Industrials
Industry: Industrial Distribution
Watsco is the largest HVAC and refrigeration products distributor in North America with approximately 13% market share. The company primarily operates in the United States (90% of revenue) with significant exposure in the Sunbelt states. Watsco also has operations in Canada, Latin America, and the Caribbean. The company's customer base comprises more than 120,000 dealers and contractors serving the replacement and new-construction HVAC/R markets for residential and light-commercial applications. As much as 20% of residential HVAC units are distributed through Watsco in any given year. Revenue is approximately 75%-80% residential HVAC and 20%-25% commercial, with relatively small exposure to more complex "applied" solutions.