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    W

    Watsco Inc (WSO)

    Official site

    INDUSTRIALS • INDUSTRIAL DISTRIBUTION • NYSE

    $299.34
    +4.25 (+1.44%)

    Market Cap: $12.21B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    44%(17/39)
    Avg Surprise
    +3.95%

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$4.10
    Range$3.89 - $4.35
    9 analysts
    EPS Revisions
    1
    0
    7d
    1
    3
    30d
    EPS Estimate DriftChange to current
    90d ago$4.28-4.1%
    60d ago$4.10+0.0%
    30d ago$4.12-0.3%
    7d ago$4.12-0.3%
    Current$4.10
    Revenue Consensus
    $2.2B
    Range$2.2B - $2.2B
    12 analysts
    Period ending Dec 31, 2026
    EPS Consensus$2.01
    Range$0.97 - $3.71
    10 analysts
    Revenue Consensus
    $1.7B
    Range$1.6B - $1.8B
    14 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$2.01---
    Sep 26EST
    		-$4.10---
    Jun 26
    Reported Jul 29
    		$4.00$4.38-8.68%Miss-11.5%
    Mar 26
    Reported Apr 28
    		$1.87$1.68+11.31%Beat-3.1%
    Dec 25
    Reported Feb 17
    		$1.68$1.96-14.29%Miss-29.1%
    Sep 25
    Reported Oct 29
    		$3.98$4.29-7.23%Miss-5.7%
    Jun 25
    Reported Jul 30
    		$4.52$4.83-6.42%Miss+0.7%
    Mar 25
    Reported Apr 23
    		$1.93$2.25-14.22%Miss-11.1%
    Dec 24
    Reported Feb 18
    		$2.37$2.19+8.24%Beat+15.0%
    Sep 24
    Reported Oct 23
    		$4.22$4.74-10.97%Miss-3.0%
    Jun 24
    Reported Jul 30
    		$4.49$4.73-5.07%Miss+1.6%
    Mar 24
    Reported Apr 24
    		$2.17$2.27-4.41%Miss-23.3%
    Dec 23
    Reported Feb 13
    		$2.06$2.41-14.52%Miss-42.0%
    Sep 23
    Reported Oct 19
    		$4.35$4.27+1.87%Beat+7.9%
    Jun 23
    Reported Aug 1
    		$4.42$4.93-10.34%Miss-10.3%
    Mar 23
    Reported Apr 20
    		$2.83$2.39+18.41%Beat-2.4%
    Dec 22
    Reported Feb 16
    		$3.55$2.12+67.45%Beat+75.7%
    Sep 22
    Reported Oct 20
    		$4.03$4.46-9.64%Miss+11.3%
    Jun 22
    Reported Jul 26
    		$4.93$5.07-2.76%Miss+32.9%
    Mar 22
    Reported Apr 21
    		$2.90$1.80+61.11%Beat+108.6%
    Dec 21
    Reported Feb 10
    		$2.02$1.69+19.53%Beat+77.2%
    Sep 21
    Reported Oct 20
    		$3.62$3.56+1.69%Beat+31.2%
    Jun 21
    Reported Jul 22
    		$3.71$3.07+20.85%Beat+64.2%
    Mar 21
    Reported Apr 22
    		$1.39$0.91+52.75%Beat+93.1%
    Dec 20
    Reported Feb 11
    		$1.14$0.99+15.15%Beat+23.9%
    Sep 20
    Reported Oct 22
    		$2.76$2.49+10.84%Beat+25.5%
    Jun 20
    Reported Jul 23
    		$2.26$1.88+20.21%Beat-5.8%
    Mar 20
    Reported Apr 23
    		$0.72$0.87-17.24%Miss-18.2%
    Dec 19
    Reported Feb 13
    		$0.92$0.99-7.07%Miss-9.8%
    Sep 19
    Reported Oct 17
    		$2.20$2.23-1.35%Miss+4.3%
    Jun 19
    Reported Jul 18
    		$2.40$2.53-5.14%Miss+0.0%
    Mar 19
    Reported Apr 23
    		$0.88$0.88+0.00%Beat-1.1%
    Dec 18
    Reported Feb 14
    		$1.02$1.06-3.77%Miss-14.3%
    Sep 18
    Reported Oct 25
    		$2.11$2.26-6.64%Miss+15.9%
    Jun 18
    Reported Jul 25
    		$2.40$2.46-2.44%Miss+15.9%
    Mar 18
    Reported Apr 24
    		$0.89$0.88+1.14%Beat+25.4%
    Dec 17
    Reported Feb 8
    		$1.19$1.00+19.00%Beat+46.9%
    Sep 17
    Reported Oct 25
    		$1.82$1.95-6.67%Miss-
    Jun 17
    Reported Jul 25
    		$2.07$2.04+1.47%Beat-
    Mar 17
    Reported Apr 25
    		$0.71$0.80-11.25%Miss-
    Dec 16
    Reported Feb 14
    		$0.81$0.87-6.90%Miss-

    Dividends

    Dividend Metrics

    Forward Yield4.41%
    Forward Annual Dividend$13.20
    Payout Ratio70.89%
    FrequencyQuarterly
    Pay MonthsJan, Apr, Jul, Oct

    Growth

    3Y CAGR+11.02%
    5Y CAGR+11.06%
    WSO dividend history and ex-dividend datesRun WSO in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio25.96EV/EBITDA16.62x
    Price/FCF17.71xFCF Yield5.65%
    Profitability
    Profit Margin6.53%Operating Margin10.90%
    ROE16.70%ROIC17.45%
    Financial Health
    Debt/Equity0.04xInterest Coverage-35.05x
    Current Ratio3.20xQuick Ratio1.45x
    Trading Statistics
    Beta1.04Avg Volume537.14K
    52-Week High$450.0752-Week Low$274.28

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$289.75
    SMA 20$301.66
    SMA 50$308.51
    SMA 200$366.22
    EMA 10$293.49
    EMA 20$298.20
    EMA 50$312.74
    EMA 200$356.27

    MACD

    Line: -6.66Signal: -7.11Hist: 0.44

    ADX

    ADX: 33.2+DI: 21.2-DI: 27.2

    Aroon & PSAR

    Aroon Up36.0
    Aroon Down84.0
    PSAR$277.34

    Bollinger Bands

    Upper Band$330.83
    Lower Band$272.49
    %B Position1934%(Upper)
    Band Width0.46

    RSI (14-Day)

    Neutral
    48.1

    Momentum Oscillators

    Stoch %K41.0
    Stoch %D28.7
    Williams %R-44.6
    ROC (10d)-0.6%
    Momentum-1.81
    CCI (20d)-10.6
    MFI (14d)33.9

    Volatility Measures

    ATR (14d)$8.94(3.0%)
    StdDev (20d)14.58
    Hist Vol28.4%(Moderate)

    Volume Flow

    VWAP$299.76
    OBV-6.5M
    AD Line-113.5M
    CMF (20d)-0.016

    Volume Metrics

    Avg Vol (20d)547.4K
    Vol Ratio1.0x
    VWMA (20d)$301.39

    Pivot Points

    R3$307.23
    R2$301.88
    R1$298.49
    Pivot Point$293.14
    S1$289.74
    S2$284.39
    S3$281.00

    Advanced Oscillators

    TSI-21.91
    Ultimate Osc55.2
    KST-64.01

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$2.10B$1.53B$1.58B$2.07B$2.06B$1.53B$1.75B$2.16B$2.14B$1.56B$1.60B$2.13B
    Cost of Revenue$1.53B$1.11B$1.15B$1.50B$1.46B$1.10B$1.29B$1.59B$1.56B$1.13B$1.19B$1.56B
    Gross Profit$578.93M$427.56M$428.44M$568.91M$603.49M$429.62M$468.08M$566.24M$579.76M$430.63M$414.42M$566.95M
    Operating Expenses$340.56M$317.37M$326.91M$334.15M$331.62M$317.44M$331.90M$316.00M$310.96M$304.09M$286.28M$319.83M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$348.99M$322.85M$332.64M$343.65M$339.00M$322.58M$338.49M$326.37M$319.03M$309.55M$312.46M$319.83M
    Operating Income$238.37M$110.18M$101.53M$234.76M$271.87M$112.19M$136.19M$250.25M$268.80M$126.54M$107.75M$256.62M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$9.51M
    Interest Expense$-3,497,000$-6,459,000$-5,850,000$-3,733,000$-2,329,000$-5,417,000$-6,713,000$-6,773,000$-4,913,000$-2,470,000$-1,000,000$1.89M
    Income Before Tax$241.87M$116.64M$107.38M$238.50M$274.20M$117.61M$142.90M$257.02M$273.72M$129.01M$108.75M$254.73M
    Income Tax Expense$50.57M$23.70M$20.33M$49.27M$57.43M$23.07M$27.72M$55.37M$59.06M$24.75M$11.01M$54.10M
    Net Income$191.30M$92.94M$87.05M$189.23M$216.77M$94.54M$115.18M$201.65M$214.65M$104.26M$97.74M$200.62M
    EBITDA$249.30M$121.20M$112.60M$245.75M$282.78M$122.97M$146.68M$260.69M$278.81M$136.42M$117.43M$265.41M
    EBIT$238.37M$110.18M$101.53M$234.76M$271.87M$112.19M$136.19M$250.25M$268.80M$126.54M$107.75M$256.62M
    * Some calculated fields are derived from available data when not provided by source

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    News

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    WSO Valuation and Fair Value

    P/E
    26.0x
    Forward P/E
    21.3x
    EV/EBITDA
    16.6x
    P/FCF
    17.7x
    PEG
    1.2x
    P/B
    4.1x
    See GNG's fair value

    WSO Profitability: Margins, ROIC and FCF

    Gross margin
    27.5%
    Operating margin
    10.9%
    Net margin
    6.5%
    ROIC
    17.4%
    ROE
    16.7%
    FCF margin
    9.6%
    FCF yield
    5.6%

    WSO Competitors

    CompanyTicker
    BWX Technologies IncBWXT
    Applied Industrial TechnologiesAIT
    Lennox International IncLII
    Grupo Aeroportuario del Pacifico SAB De CV ADRPAC
    Sterling Infrastructure, Inc.STRL
    Embraer SA ADRERJ
    Textron IncTXT
    Watts Water Technologies IncWTS

    Sector: Industrials

    WSO Analyst Ratings

    Consensus
    Hold
    Analysts
    14
    Strong Buy
    1
    Buy
    2
    Hold
    10
    Sell
    1
    Strong Sell
    0

    WSO Bull Case vs Bear Case

    Bull case

    • WSO earns a 17.4% return on invested capital.

    Bear case

    • WSO beat EPS estimates in 25.0% of its last 8 reported quarters.

    WSO Earnings: Beat Rate and Next Report

    Beat rate
    2 of 8 quarters (25.0%)
    Average surprise
    -5.3%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $4.10
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    1 up, 3 down

    WSO Dividend

    Forward yield
    4.4%
    Payout ratio
    70.9%
    3Y DPS growth
    11.0%
    5Y DPS growth
    11.1%
    Pay months
    Jan, Apr, Jul, Oct
    WSO dividend history

    Frequently Asked Questions About WSO

    What is WSO's current dividend yield?

    Watsco Inc (WSO) has a forward dividend yield of 4.41%.

    Does WSO pay dividends?

    Yes, Watsco Inc pays dividends with a forward dividend yield of 4.41%.

    What is WSO's P/E ratio?

    Watsco Inc has a price-to-earnings (P/E) ratio of 25.96.

    What is WSO's market cap?

    Watsco Inc (WSO) has a market capitalization of $12.21B with a current stock price of $299.34.

    Related stocks

    Sector: Industrials

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