Watsco, Inc. filings document the company's HVAC/R distribution business, periodic operating results, Regulation FD disclosures, dividend actions, and capital structure. Recent Form 8-K reports furnish quarterly and annual financial results and related press releases, including disclosures tied to Common stock and Class B common stock.
Proxy materials cover shareholder voting matters, board governance, executive compensation, equity awards, and pay-versus-performance disclosure. The filing record also identifies Watsco as a Florida corporation with Common stock and Class B common stock registered on the New York Stock Exchange under WSO and WSOB.
Watsco, Inc. (WSO) agreed to acquire Granite Group Holdings LLC and related entity BBH Granite Buyer, Inc. through a merger structure for an aggregate purchase price of $505.0 million, subject to customary post-closing adjustments. Granite Group Holdings is a diversified distributor of plumbing and HVAC products with approximately $500 million in sales across seven Northeastern states.
At closing, Watsco will pay 80% of the purchase price in cash and 20% in shares of its common stock, with the number of shares based on the daily volume-weighted average price over the ten trading days immediately before closing. Using the ten trading days ended September 16, 2026 and assuming no purchase price adjustments, Watsco estimates it would issue 324,257 common shares. The transaction is subject to customary conditions, including accuracy of representations and warranties, covenant performance, and expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. The consideration shares will be issued in a private placement relying on Section 4(a)(2) and Rule 506(b) of Regulation D, with all voting securityholders represented to be accredited investors.
Watsco, Inc. reported modest sales growth but lower profitability for the quarter ended June 30, 2026. Revenues were $2,104,859 (in thousands), up 2% year over year, while net income attributable to Watsco was $163,336 (in thousands), down 11%, as gross margin compressed from 29.3% to 27.5% and selling, general and administrative expenses rose slightly as a percentage of sales.
For the first half of 2026, revenues were $3,637,869 (in thousands), up 1%, and net income attributable to Watsco was $242,410 (in thousands), down 8%. Diluted EPS for common stock was $4.00 for the quarter and $5.92 year-to-date. The company closed the acquisition of Jackson Supply Company, issuing 517,884 shares of common stock valued at $186,164 (in thousands), adding 25 Sunbelt locations and initial estimated goodwill of $99,612 (in thousands).
Watsco ended the period with $364,189 (in thousands) of cash and cash equivalents, $100,000 (in thousands) in short-term cash investments, no outstanding balance on its $600,000 (in thousands) revolving credit facility, and negative operating cash flow of $21,440 (in thousands) driven by seasonal inventory and receivable build. Cash dividends on common stock totaled $6.30 per share for the first half. The company highlighted ongoing tariff uncertainty, climate-related efficiency trends, significant purchasing concentration with Carrier, and disclosed a contractual dispute with Gree regarding renewal of a distribution agreement, noting that Gree-branded products represented less than 3% of consolidated revenues over the preceding 12 months.
Watsco, Inc. reported Q2 2026 revenues of $2.1 billion, up 2%, with diluted earnings per share of $4.00, down 12% year over year. Gross margin was 27.5% versus 29.3% and operating income decreased 12% to $238 million as prior-year pricing benefits normalized.
The company closed the acquisition of Jackson Supply, an HVAC distributor with approximately $230 million in annualized sales across 25 Sunbelt locations, and maintained $464 million in cash and cash investments with no debt. E-commerce sales grew 13% in the first half of 2026, reaching $2.7 billion for the 12 months ended June 30, 2026. Operating cash use improved to $21 million versus $185 million a year earlier, and the annual dividend was increased 10% to $13.20 per share.
Watsco, Inc. has updated its earlier disclosure to report the exact number of shares issued for its acquisition of Jackson Supply Company’s HVAC distribution business. At the June 1, 2026 closing, Watsco issued 517,884 shares of common stock as consideration.
The purchase price was set at $198.0 million, net of Jackson’s business debt and transaction expenses, divided by the 10-day volume‑weighted average trading price before closing. Of the consideration shares, $25.0 million worth will be held in escrow for up to 12 months for purchase price adjustments and indemnification.
Watsco, Inc. registers an aggregate of 517,884 shares of Common stock for resale by selling shareholders. These shares were issued on June 1, 2026 in a private issuance tied to Watsco’s acquisition of substantially all assets of Jackson Supply Company. The registration was filed to satisfy registration rights granted to the selling shareholders; Watsco will receive no proceeds from resale. The prospectus supplement states the shares may be sold at market or negotiated prices and lists the NYSE last reported price of $363.86 per share on June 2, 2026.
Watsco, Inc. reported the results of its 2026 Annual Meeting of Shareholders. Shareholders elected Ana Lopez-Blazquez as a Common stock director and Cesar L. Alvarez and Denise Dickins as Class B Common stock directors, each with terms expiring in 2029.
Shareholders approved a non-binding advisory resolution on executive compensation, with 80,839,936 votes for and 2,969,397 against. They also ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the 2026 fiscal year, with 86,731,800 votes for and 9,111 against.
Capital International Investors amends Schedule 13G to report beneficial ownership of 3,540,962 shares of Watsco, Inc. common stock, representing 10.1% of 34,944,441 shares outstanding as stated in the filing. The filing breaks out voting and dispositive powers, showing sole voting power of 3,490,923 shares and sole dispositive power of 3,540,962 shares. The amendment is signed by a Senior Vice President on behalf of Capital International Investors.
Watsco, Inc. passive investor Capital Research Global Investors reports beneficial ownership of 1,898,603 shares, representing 5.4% of Watsco's 34,944,441 shares outstanding as of 03/31/2026. The filing shows sole voting power for 1,897,547 shares and sole dispositive power for 1,898,603 shares.