Watsco Stock Price, News & Analysis

Watsco (NYSE: WSO) will host its third quarter 2025 earnings conference call on Wednesday, October 29, 2025 at 10:00 a.m. EDT. The Company will release results before the market opens on October 29, 2025, followed by prepared remarks and a live Q&A with senior management.

The call will be web-cast by CCBN StreetEvents and a replay will be posted on the company website. Investors may pre-register to receive a unique PIN; international and U.S. dial-in numbers are provided for participants who do not pre-register. Contact: Barry S. Logan, Executive Vice President.

Company background: Watsco operates in the $74 billion North American HVAC distribution market, has completed more than 70 acquisitions, delivered an 18% compounded annual total‑shareholder return since 1989, and serves over 70,000 contractors while advancing AI-driven initiatives and technology platforms.

Watsco (NYSE: WSO), North America's largest HVAC products distributor, has declared a quarterly cash dividend of $3.00 per share for both Common and Class B common stock. The dividend will be paid on October 31, 2025, to shareholders of record as of October 16, 2025.

The company has maintained an impressive 51-year streak of consecutive dividend payments. Operating in a $74 billion market, Watsco has achieved an 18% compounded annual total-shareholder return since 1989 through organic growth and strategic acquisitions. The company serves over 70,000 contractors through its technology platforms and is advancing AI initiatives to enhance customer experience.

Watsco (NYSE:WSO), the largest HVAC/R products distribution network operator in the Americas, announced that Executive Vice President Barry S. Logan will present at the 13th Annual Morgan Stanley Laguna Conference on September 11, 2025, at 4:50 p.m. PDT at the Ritz Carlton, Laguna Niguel.

The company serves over 375,000 contractors annually through its 701 locations across the U.S., Canada, Mexico, and Puerto Rico. Watsco focuses on the replacement market, targeting the approximately 102 million HVAC systems over 10 years old in the United States. The company has contributed to environmental sustainability by averting an estimated 24.5 million metric tons of CO2e emissions from January 2020 to June 2025 through higher-efficiency HVAC system sales.

Watsco (NYSE: WSO) reported Q2 2025 results with revenues declining 4% to $2.06 billion, while achieving record gross profit margins of 29.3%. The company maintained strong financial health with $293 million in cash, no debt, and $3 billion in shareholders' equity.

Despite challenging market conditions and the A2L refrigerant transition, operating income increased 1% to $272 million with EPS of $4.52. The company has invested over $250 million in technology initiatives, including AI-driven platforms, and serves over 70,000 contractors through its digital ecosystem. Watsco also increased its annual dividend by 11% to $12.00 per share, marking its 51st consecutive year of dividends.

Watsco (NYSE: WSO), the largest HVAC/R products distributor in the Americas, has scheduled its second quarter 2025 earnings conference call for July 30, 2025, at 10:00 a.m. EDT. The earnings results will be released before market opening on the same day.

The company highlighted its significant environmental impact, noting that it has helped avert an estimated 24.5 million metric tons of CO2e emissions from January 2020 to June 2025 through high-efficiency HVAC system sales. With approximately 102 million aging HVAC systems in the U.S. operating below current efficiency standards, Watsco is positioned to contribute significantly to climate change mitigation efforts.

Watsco (NYSE: WSO), the largest HVAC/R products distributor in the Americas, has declared a quarterly cash dividend of $3.00 per share for both Common and Class B common stock. The dividend will be paid on July 31, 2025, to shareholders of record as of July 16, 2025.

This marks Watsco's 200th consecutive quarter of dividend payments, extending its 51-year streak of shareholder distributions. The company maintains a conservative balance sheet while sharing cash flow through dividends to support its distribution network growth.

As a significant player in climate change mitigation, Watsco has contributed to averting an estimated 23.7 million metric tons of CO2e emissions from January 2020 to March 2025 through the sale of higher-efficiency HVAC systems, equivalent to removing 5.5 million gas-powered vehicles from the road annually.

[ "Maintained 51-year streak of consecutive dividend payments, reaching 200th consecutive quarter", "Strong market position as largest HVAC/R distributor in the Americas", "Significant environmental impact by averting 23.7 million metric tons of CO2e emissions (Jan 2020 - Mar 2025)", "Large market opportunity with 102 million aging HVAC systems in the US" ]

Watsco (NYSE: WSO) has completed three strategic acquisitions in 2025, expanding its distribution network in key Sunbelt markets. The main acquisition is Southern Ice Equipment Distributors, a leading distributor of food-service and commercial refrigeration equipment founded in 1984, with seven locations across Louisiana, Mississippi, Arkansas, Texas, New Mexico, and Arizona. The other acquisitions include Lashley & Associates in Houston and Hawkins HVAC Distributors in the Carolinas. Combined, these acquisitions add 10 new locations and approximately $47 million in annualized sales. Southern Ice will maintain its brand name and current leadership team. Watsco, which has completed 72 acquisitions since 1989, operates the largest HVAC/R distribution network in North America with 702 locations serving approximately 375,000 professionals annually.

Watsco (NYSE: WSO) reported Q1 2025 results amid a major product transition affecting 55% of sales. Revenue decreased 2% to $1.53 billion, while gross profit remained flat at $430 million with improved margins of 28.1%. Core U.S. residential replacement sales grew 10%, offset by declines in international markets and new housing segments.

The company is navigating a significant transition to new A2L refrigerant systems with lower environmental impact, which will convert nearly $1 billion in inventory throughout 2025. Watsco maintains a strong financial position with $432 million in cash and no debt. The company increased its annual dividend by 11% to $12.00 per share.

Earnings per share decreased to $1.93 from $2.17 year-over-year. The company's operating cash flow showed a use of $178 million due to inventory investments in new A2L products ahead of the selling season.

Watsco (NYSE: WSO) has announced its upcoming first quarter 2025 earnings conference call scheduled for Wednesday, April 23, 2025 at 10:00 a.m. (EDT). The earnings results will be released before market opening on February 18, 2025.

As the largest distributor of HVAC/R products across the United States, Canada, Mexico, and Puerto Rico, Watsco plays a important role in climate change mitigation. The company focuses on the replacement market, targeting the approximately 102 million HVAC systems in the US that are over 10 years old and operating below current efficiency standards.

From January 2020 to December 2024, Watsco's high-efficiency replacement systems have helped avert an estimated 22.8 million metric tons of CO2e emissions, equivalent to removing 5.3 million gas-powered vehicles from roads annually. This impact is significant considering HVAC systems account for about half of U.S. household energy consumption.