Track Watsco, Inc. — Monitor price, dividends, and performance in your free portfolio

Start Tracking Free

Watsco, Inc. WSO · Stock Open Watsco, Inc. in new tab

311.77 USD
P/E
25.91
EPS
11.68
Yield
4.04%
Safety Score
49
P/B
3.90
ROE
16.74
Beta
1.04
Target Price
379.00 USD
Watsco, Inc. logo

Watsco, Inc.

🧾 Earnings Recap – Q3 2025

Watsco, Inc. reported solid earnings and record cash flow amidst a challenging market environment, driven by strategic pricing gains and effective management of product transitions.

  • Q3 sales decreased 4%, with U.S. sales down 3%, but gross margins improved by 130 basis points to 27.5%.
  • Record cash flow of $355 million achieved in Q3, with continued focus on reducing inventory and working capital.
  • E-commerce sales penetration reached 34%, with certain markets achieving 60-70%, indicating robust growth in digital engagement.
  • The upcoming transition to next-generation equipment is largely complete, setting the stage for operational simplification and margin expansion towards the 30% target.
  • Investments in technology and innovation are expected to enhance competitive positioning, drive customer engagement, and optimize pricing strategies.
📅
Loading chart...
Key Metrics
Earnings dateOct. 28, 2026
P/E25.91
EPS11.68
Book Value77.60
Price to Book3.90
Debt/Equity15.41
% Insiders0.382%
Growth
Revenue Growth0.02%
Earnings Growth-0.12%
Estimates
Forward P/E22.80
Forward EPS13.27
Target Mean Price379.00
Dividend
Dividend Yield4.04%
Annual dividends12.60 USD
Ex-Div. DateJuly 16, 2026
Payout104.93%
5y avg Yield2.86%

DCF Valuation

Tweak assumptions to recompute fair value for Watsco, Inc. (WSO)
Currency: USD
DCF Assumptions
Decimal (e.g., 0.10 = 10%). Range allows declines (−50%) to strong growth (+50%).
Decimal (e.g., 0.30 = 30%).
Decimal (e.g., 0.04 = 4%).
Decimal (e.g., 0.20 = 20%).
Percent number (e.g., 3 = 3%).
Percent number (e.g., 10 = 10%).
Percent number (e.g., 5 = 5%).
DCF Result

Fair Value (DCF)
Current Price
Upside
WACC
Terminal PV
Σ PV of FCFs
Note: historical bars show reported FCF (for context); forward bars show PV of projected FCF; if no per-year data, totals are shown.

Watsco, Inc. Logo Watsco, Inc. Analysis (WSO)

United States Industrials Official Website Stock

Is Watsco, Inc. a good investment? Watsco, Inc. (WSO) is currently trading at 311.77 USD. Market analysts have a consensus price target of 379.00 USD. This suggests a potential upside from current levels.

In terms of valuation, the stock trades at a P/E ratio of 25.91. This valuation is generally in line with the broader market.

Earnings Schedule: Watsco, Inc. is expected to release its next earnings report on Oct. 28, 2026. The market consensus estimate for Forward EPS is 13.27.

For income investors, Watsco, Inc. pays a dividend yield of 4.04%. With a payout ratio of 105%, the dividend appears to be under pressure.

Investor FAQ

Does Watsco, Inc. pay a dividend?

Yes, it pays an annual dividend of 12.60 USD (4.04% yield).

What asset class is Watsco, Inc.?

Watsco, Inc. is classified as a Stock. You can compare it against 2 other assets in the "Related Symbols" list on this page.

When is the next earnings date?

The next earnings date is projected to be Oct. 28, 2026. The company currently has a trailing EPS of 11.68.

Company Profile

Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, and refrigeration equipment, and related parts and supplies in the United States, Canada, Latin America, and the Caribbean. It distributes equipment, including residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. The company also offers parts comprising 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. It serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. Watsco, Inc. was incorporated in 1956 and is headquartered in Miami, Florida.

Exchange Ticker
NYQ (United States) WSO
FRA (Germany) WC3.F
Trades
Dividend Yield
4.04%
5y avg 2.86%
Annual Dividends
12.60USD
Next Ex. Div Date
July 16, 2026
Payout Ratio
104.93%
Dividend History paid per year (USD)
Historical Dividends
Year Total Dividends
2027
10.68 USD
July 30, 2027 (estimated) 3.6650
April 30, 2027 (estimated) 3.6650
Jan. 29, 2027 (estimated) 3.3483
2026
12.93 USD
Oct. 30, 2026 (estimated) 3.3319
July 31, 2026 3.3000
April 30, 2026 3.3000
Jan. 30, 2026 3.0000
2025
11.70 USD
Oct. 31, 2025 3.0000
July 31, 2025 3.0000
April 30, 2025 3.0000
Jan. 31, 2025 2.7000
2024
10.55 USD
Oct. 31, 2024 2.7000
July 31, 2024 2.7000
April 30, 2024 2.7000
Jan. 31, 2024 2.4500
2023
9.80 USD
Oct. 31, 2023 2.4500
July 31, 2023 2.4500
April 28, 2023 2.4500
Jan. 31, 2023 2.4500
2022
8.55 USD
Oct. 31, 2022 2.2000
July 29, 2022 2.2000
April 29, 2022 2.2000
Jan. 31, 2022 1.9500
2021
7.63 USD
Oct. 29, 2021 1.9500
July 30, 2021 1.9500
April 30, 2021 1.9500
Jan. 29, 2021 1.7750
2020
6.92 USD
Oct. 30, 2020 1.7750
July 31, 2020 1.7750
April 30, 2020 1.7750
Jan. 31, 2020 1.6000
2019
6.40 USD
Oct. 31, 2019 1.6000
July 31, 2019 1.6000
April 30, 2019 1.6000
Jan. 31, 2019 1.6000
2018
5.60 USD
Oct. 31, 2018 1.4500
July 31, 2018 1.4500
April 30, 2018 1.4500
Jan. 31, 2018 1.2500
2017
4.60 USD
Oct. 31, 2017 1.2500
July 31, 2017 1.2500
April 28, 2017 1.0500
Jan. 31, 2017 1.0500
2016
3.60 USD
Oct. 31, 2016 1.0500
July 29, 2016 0.8500
April 29, 2016 0.8500
Jan. 29, 2016 0.8500
2015
2.80 USD
Oct. 30, 2015 0.7000
July 31, 2015 0.7000
April 30, 2015 0.7000
Jan. 30, 2015 0.7000
2014
2.00 USD
Oct. 31, 2014 0.6000
July 31, 2014 0.6000
April 30, 2014 0.4000
Jan. 31, 2014 0.4000
2013
1.15 USD
Oct. 31, 2013 0.4000
July 31, 2013 0.2500
April 30, 2013 0.2500
Jan. 31, 2013 0.2500
2012
7.48 USD
Oct. 31, 2012 5.6200
July 31, 2012 0.6200
April 30, 2012 0.6200
Jan. 31, 2012 0.6200
2011
2.23 USD
Oct. 31, 2011 0.5700
July 29, 2011 0.5700
April 29, 2011 0.5700
Jan. 31, 2011 0.5200
2010
2.04 USD
Oct. 29, 2010 0.5200
July 30, 2010 0.5200
April 30, 2010 0.5200
Jan. 29, 2010 0.4800
2009
1.89 USD
Oct. 30, 2009 0.4800
July 31, 2009 0.4800
April 30, 2009 0.4800
Jan. 30, 2009 0.4500
2008
1.75 USD
Oct. 31, 2008 0.4500
July 31, 2008 0.4500
April 30, 2008 0.4500
Jan. 31, 2008 0.4000
2007
1.31 USD
Oct. 31, 2007 0.4000
July 31, 2007 0.3300
April 30, 2007 0.3300
Jan. 31, 2007 0.2500
2006
0.95 USD
Oct. 31, 2006 0.2500
July 31, 2006 0.2500
April 28, 2006 0.2500
Jan. 31, 2006 0.2000
2005
0.62 USD
Oct. 31, 2005 0.2000
July 29, 2005 0.1400
April 29, 2005 0.1400
Jan. 31, 2005 0.1400
2004
0.38 USD
Nov. 1, 2004 0.1000
Aug. 2, 2004 0.1000
April 30, 2004 0.1000
Jan. 31, 2004 0.0800
2003
0.20 USD
Oct. 31, 2003 0.0800
July 31, 2003 0.0400
April 30, 2003 0.0400
Jan. 31, 2003 0.0400
2002
0.11 USD
Oct. 31, 2002 0.0300
July 31, 2002 0.0300
April 30, 2002 0.0300
Jan. 31, 2002 0.0250
2001
0.10 USD
Oct. 31, 2001 0.0250
July 27, 2001 0.0250
April 30, 2001 0.0250
Jan. 31, 2001 0.0250
2000
0.10 USD
Oct. 31, 2000 0.0250
July 28, 2000 0.0250
April 28, 2000 0.0250
Jan. 31, 2000 0.0250
1999
0.10 USD
Oct. 29, 1999 0.0250
July 30, 1999 0.0260
April 30, 1999 0.0250
Jan. 29, 1999 0.0250
1998
0.13 USD
Oct. 30, 1998 0.0250
July 31, 1998 0.0350
April 30, 1998 0.0350
Jan. 30, 1998 0.0350
1997
0.14 USD
Oct. 31, 1997 0.0350
July 31, 1997 0.0350
April 30, 1997 0.0350
Jan. 31, 1997 0.0350
1996
0.21 USD
Oct. 31, 1996 0.0350
July 31, 1996 0.0350
April 30, 1996 0.0222
April 30, 1996 0.0500
Jan. 31, 1996 0.0222
Jan. 31, 1996 0.0500
1995
0.31 USD
Oct. 31, 1995 0.0222
Oct. 31, 1995 0.0500
July 31, 1995 0.0500
July 31, 1995 0.0222
April 28, 1995 0.0193
April 28, 1995 0.0650
Jan. 31, 1995 0.0650
Jan. 31, 1995 0.0193
1994
0.33 USD
Oct. 31, 1994 0.0650
Oct. 31, 1994 0.0193
July 29, 1994 0.0650
July 29, 1994 0.0193
April 29, 1994 0.0193
April 29, 1994 0.0650
Jan. 31, 1994 0.0600
Jan. 31, 1994 0.0178
1993
0.31 USD
Oct. 29, 1993 0.0600
Oct. 29, 1993 0.0178
July 30, 1993 0.0178
July 30, 1993 0.0600
April 30, 1993 0.0178
April 30, 1993 0.0600
Jan. 31, 1993 0.0600
Jan. 31, 1993 0.0178
1992
0.28 USD
Oct. 30, 1992 0.0178
Oct. 30, 1992 0.0600
July 31, 1992 0.0178
July 31, 1992 0.0600
April 30, 1992 0.0178
April 30, 1992 0.0600
Jan. 31, 1992 0.0500
1991
0.29 USD
Oct. 31, 1991 0.0500
July 31, 1991 0.0500
April 30, 1991 0.1431
Feb. 28, 1991 0.0500
1990
0.24 USD
Oct. 25, 1990 0.0476
July 25, 1990 0.0476
April 24, 1990 0.0955
Jan. 25, 1990 0.0476
1989
0.24 USD
Oct. 25, 1989 0.0476
July 25, 1989 0.0476
April 24, 1989 0.0955
Jan. 25, 1989 0.0476
1988
0.24 USD
Oct. 25, 1988 0.0476
July 25, 1988 0.0476
April 25, 1988 0.0955
Jan. 25, 1988 0.0476
1987
0.29 USD
Oct. 26, 1987 0.0476
July 27, 1987 0.0476
May 11, 1987 0.0955
April 24, 1987 0.0476
Jan. 26, 1987 0.0476
1986
0.19 USD
Oct. 27, 1986 0.0476
July 25, 1986 0.0476
April 24, 1986 0.0476
Jan. 27, 1986 0.0476
1985
0.19 USD
Oct. 25, 1985 0.0476
July 15, 1985 0.0476
May 9, 1985 0.0476
Jan. 25, 1985 0.0476
Upcoming Dividends
Name Payment Date Status Amount
Watsco, Inc. Jul 31, 2026 3.3 USD
Watsco, Inc. Apr 30, 2026 3.3 USD
Watsco, Inc. Jan 30, 2026 3.0 USD
Watsco, Inc. Oct 31, 2025 3.0 USD
Stock Splits
Split Date Split Ratio to 1
April 9, 1992 1.05
May 16, 1995 1.5
June 17, 1996 1.5
Aug. 17, 1998 1.5
Explore Premium Features

Unlock detailed news and exclusive insights with our Premium subscription.

See Pricing Plans

Fundamentals

Under Construction

This feature will be available soon. Stay tuned!

Follow us on Twitter for updates: @allinvestview

Check out our Roadmap for upcoming features.

Community Discussion