Watsco Stock Price, News & Analysis

Watsco (NYSE: WSO) declared a regular quarterly cash dividend of $3.00 per share, payable on January 30, 2026 to shareholders of record at the close of business on January 16, 2026. The company has paid dividends for 52 consecutive years.

Watsco describes itself as the largest distributor in the $74 billion North American HVAC/R market, reporting an 18% compounded annual total-shareholder return since entering distribution in 1989 and noting > 72,000 contractors engage digitally with the company. Management said future dividend decisions will consider investment opportunities, cash flow, economic conditions and overall financial condition.

Watsco (NYSE: WSO) reported third-quarter and nine-month results for the period ended September 30, 2025, highlighting record gross profit, record gross margin and record third-quarter operating cash flow.

Key 3Q metrics: revenues $2.07B (-4%), gross profit $569M (flat), gross margin 27.5% (+130 bps), operating income $235M (-6%), EPS $3.98, and Q3 operating cash flow $355M. Nine-month highlights include revenues $5.66B (-3%) and gross margin 28.3% (+140 bps).

Balance sheet and operations: >$640M cash and investments, no debt, inventory peaked at $2.1B and declined to $1.6B at 9/30/25. Strategic notes: >$250M invested in technology over five years, ~72,000 authenticated app users, e-commerce $2.5B (34% of sales), and ongoing AI and pricing initiatives.

Watsco (NYSE: WSO) will host an Investor Day on December 11, 2025 in Coral Gables, Florida, starting at 9:00 a.m. ET; the event will be webcast live on the company website and in-person attendance requires emailing ir@watsco.com for details.

The agenda highlights updates to Watsco’s core technology platforms, previews of new innovations, AI-driven initiatives, and strategies intended to drive long-term growth and profitability in the fragmented $74 billion North American HVAC/R distribution market.

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.