
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.
Watsco's Q4 2024 earnings exceeded expectations, driven by strong HVAC sales and e-commerce growth. The company's dividend increase and strategic initiatives signal confidence in future prospects.
Watsco (WSO) Q4 earnings beat expectations, driven by strong HVAC/R demand and strategic tech investments. Dividend hike signals financial strength. A comprehensive analysis.
Watsco (WSO) reported record Q4 2024 earnings, increased its dividend by 11%, and is capitalizing on HVAC market trends. Debt-free and innovative.
Watsco, Inc. (WSO) exceeded Q4 2024 expectations with record sales, expanded margins, and an 11% dividend hike, reflecting strong HVAC equipment demand.