Company
Watsco, Inc.
Headquarters: Miami, FL, United States
Founded: 1956, Florida
Employees: 6,850
CEO: Mr. Albert H. Nahmad
Market Cap
$16.17 Billion
USD as of Jan. 1, 2024
Watsco, Inc. Categories
United States Industrials Industrial DistributionUnited States Industrials United States Industrial Distribution
Top Competitors by Market Capitalization
Industry: Industrial Distribution
| Company | Market Cap (USD) |
|---|---|
| Rational AG | $50.16 B |
| W.W. Grainger, Inc. | $40.50 B |
| Ferguson plc | $39.27 B |
| Fastenal Company | $35.55 B |
| Rheinmetall AG | $14.57 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Boeing | $148.18 B |
| Union Pacific | $147.34 B |
| Caterpillar | $145.65 B |
| Siemens | $138.51 B |
| General Electric | $135.68 B |
Detailed Description
Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, refrigeration equipment, and related parts and supplies. The company distributes equipment comprising residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. It also offers parts, including replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation materials, refrigerants, ductworks, grills, registers, sheet metals, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies, as well as plumbing and bathroom remodeling supplies. The company serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. As of December 31, 2021, it operated from 671 locations in the United States, Canada, Mexico, and Puerto Rico, as well as exports its products to Latin America and the Caribbean Basin. Watsco, Inc. was founded in 1945 and is headquartered in Miami, Florida.
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Stocks & Indices
Watsco, Inc. has the following listings and related stock indices.
Stock: NYSE: WSO.B wb_incandescent
Stock: NYSE: WSO wb_incandescent
Stock: Bovespa: W1SO34 wb_incandescent
Stock: FSX: WC3 wb_incandescent
Stock: FSX: WC30 wb_incandescent
Product & Services
HVAC parts and supplies
Key People
Albert H. Nahmad (Chairman & CEO) Aaron J. Nahmad (President) Ana M. Menendez (CFO)
Financials
Revenue: US$ 5.05 billion (2020)
Operating income: US$ 401.03 million (2020)
Net income: US$ 323.17 million (2020)
Total assets: US$ 2.48 billion (2020)
Total equity: US$ 1.78 billion (2020)