Watsco, Inc. (WSO) Stock Price & Analysis
Watsco, Inc. (WSO) closed at USD 327.04 on Thursday, October 22, 2026, up 7.22% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 305.03; the Oct 22, 2026 session ranged USD 302.37–330.65 on volume of 1,233,056 shares. Market capitalization is $13.49B, with a 52-week range of USD 277.34–459 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:25 UTC.
Also available as compact Markdown for AI agents: nexqual.com/WSO.md
Key facts (WSO)
- Last four reported quarters (through Jun 30, 2026): revenue $7.28B, net income $476M (6.5% margin), free cash flow $697M (SEC filings).
- Valuation: P/E 28.4x (avg 29.3x at the last 3 fiscal year-ends).
- 2 of 80 tracked superinvestors hold WSO (13F, Q2 2026): 1 new, 1 added, 0 reduced, 0 unchanged.
- Analysts: Hold (mean 2.86 on a 1–5 scale) (14 analysts), mean target USD 349.9 (range 315–433).
- Total return with dividends: 1Y -5.6% vs S&P 500 +14.9%; 5Y +28.4% vs S&P 500 +80.3%.
- Next earnings: 2026-10-27, EPS estimate USD 4.11, revenue estimate $2.21B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (WSO)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $6.28B | $7.27B | $7.28B | $7.62B | $7.24B | $7.28B |
| Gross profit | $1.67B | $2.03B | $1.99B | $2.04B | $2.03B | — |
| Operating income | $629M | $832M | $795M | $782M | $720M | $685M |
| Net income | $419M | $601M | $536M | $536M | $497M | $476M |
| EPS (diluted) | $10.78 | $15.41 | $13.67 | $13.30 | $12.25 | — |
| Free cash flow | $324M | $536M | $526M | $743M | $535M | $697M |
| Gross margin | 26.6% | 27.9% | 27.4% | 26.8% | 28.0% | — |
| Operating margin | 10.0% | 11.4% | 10.9% | 10.3% | 10.0% | 9.4% |
| Net margin | 6.7% | 8.3% | 7.4% | 7.0% | 6.9% | 6.5% |
| Revenue growth | +24.2% | +15.8% | +0.1% | +4.6% | -5.0% | — |
| Cash + short-term investments | $118M | $148M | $210M | $782M | $733M | — |
| Total debt | $285M | $244M | $305M | $337M | $362M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (WSO)
P/E 28.4x · P/S 1.9x · P/FCF 19.4x · P/B 4.5x · FCF yield 5.17% · Earnings yield 3.53% · Dividend yield (paid, TTM) 3.70%
P/E at fiscal year-ends: Dec 2025 25.7x, Dec 2024 33.1x, Dec 2023 29.2x.
Superinvestors (SEC 13F-HR, Q2 2026) (WSO)
2 of 80 tracked investors hold WSO. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Thomas Gayner | Markel Group | 1.90% | $249M | Added +2.7% |
| Francois Rochon | Giverny Capital | 0.92% | $27.5M | New position |
Analysts (WSO)
Consensus Hold (mean 2.86 on a 1–5 scale), 14 analysts; mean target USD 349.9 (low 315, high 433).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-15 | Mizuho | Target lowered | Neutral | $350 → $325 |
| 2026-10-12 | Morgan Stanley | Target lowered | Equal-Weight | $370 → $330 |
| 2026-08-17 | Stephens & Co. | Reiterated | Overweight | $485 |
| 2026-07-30 | DA Davidson | Target lowered | Neutral | $385 → $330 |
| 2026-07-28 | Baird | Target lowered | Outperform | $460 → $420 |
| 2026-07-10 | Morgan Stanley | Target raised | Equal-Weight | $370 → $405 |
Total return (dividends reinvested) (WSO)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -5.6% | +28.4% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -5.7% | +5.1% |
| Volatility (annualized) | 34.8% | 31.8% |
| Max drawdown | -38.2% (Apr 2026→Oct 2026) | -46.9% (Nov 2024→Oct 2026) |
Companies that name WSO in their SEC reports
| Relationship to WSO | Company | Filing | Sentence |
|---|---|---|---|
| partner | CARRIER GLOBAL Corp (CARR) | 10-K Feb 5, 2026 | “We sell our products and services through certain key distributor, joint venture and similar relationships, including the Carrier Enterprise joint ventures with Watsco, Inc., AHI-Carrier FZC, a United Arab Emirates-based joint venture and various joint ventures with members of the Midea Group.” |
WSO analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $4.11 | $4.31 | -4.7% | $2.21B | 10 |
| Next quarter (ends Dec 2026) | $1.94 | $2.05 | -5.2% | $1.72B | 9 |
| Current fiscal year (ends Dec 2026) | $12.14 | $12.71 | -4.4% | $7.58B | 11 |
| Next fiscal year (ends Dec 2027) | $13.30 | $13.74 | -3.2% | $8.08B | 11 |
Key Statistics (as of October 23, 2026 at 09:25 UTC)
| Price | USD 327.04 |
|---|---|
| Change | ▲ 7.22% (up) |
| Previous Close | USD 305.03 |
| Open | USD 303.87 |
| Day Range | USD 302.37 – 330.65 |
| 52-Week Range | USD 277.34 – 459 |
| Volume | 1,233,056 shares |
| Market Cap | $13.49B |
| Exchange | NYQ |
Technical Analysis (WSO)
Nexqual's technical model rates WSO "NEUTRAL" based on 4 bullish and 3 bearish signals across 127 daily candles, as of October 23, 2026 at 09:25 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 67.56 (neutral) |
| vs SMA50 | Above (USD 306.87) |
| MACD | -0.91 (negative) |
Analyst Ratings (WSO)
Wall Street analysts rate WSO "Hold" based on 14 analysts, with a mean price target of USD 349.9 (range USD 315–433), per Nexqual as of October 23, 2026 at 09:25 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 14 |
| Mean Target | USD 349.9 |
| High Target | USD 433 |
| Low Target | USD 315 |
| Buy / Hold / Sell | 3 / 10 / 1 |
Earnings (WSO)
| Next Earnings Date | 2026-10-27 |
|---|---|
| EPS Estimate | USD 4.18 |
| Revenue Estimate | $2.21B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 4 vs est 4.39 ▼ miss |
| 2026-03-31 | USD 1.87 vs est 1.68 ▲ beat |
| 2025-12-31 | USD 1.68 vs est 1.89 ▼ miss |
| 2025-09-30 | USD 3.98 vs est 4.29 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:25 UTC.
Financials & Fundamentals (WSO)
| Total Revenue | $7.28B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +2.10% |
| Gross Margin | +27.51% |
| Operating Margin | +10.94% |
| Profit Margin | +6.53% |
| ROE | +16.74% |
| Debt / Equity | 0.15 |
| Current Ratio | 3.2 |
| Total Cash | $464.19M |
| Total Debt | $535.27M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $697.14M (9.6% of revenue) |
Source: Nexqual, October 23, 2026 at 09:25 UTC.
Financial Health Score (WSO)
Nexqual rates Watsco, Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:25 UTC.
| Growth | Weak — Revenue -5% YoY (annual), declining |
|---|---|
| Profitability | Solid — Gross margin 28%, operating 11% (last 12 months) |
| Balance Sheet | Strong — $593M cash and investments vs $369M debt (Mar 2026, SEC), net cash |
| Cash Flow | Solid — FCF $697M (last 4 quarters to Jun 2026, SEC), 10% margin |
| Efficiency | Solid — ROE 17%, ROA 8.4% |
Ownership (WSO)
| Insider Ownership | +0.43% |
|---|---|
| Institutional Ownership | +108.82% |
| Shares Outstanding | 35.59M |
| Float | 33.79M |
| Short % of Float | +15.49% |
Source: Nexqual, October 23, 2026 at 09:25 UTC.
Leadership (WSO)
Watsco, Inc. is led by Albert H. Nahmad, Chairman & CEO, per Nexqual as of October 23, 2026 at 09:25 UTC.
| Chairman & CEO | Albert H. Nahmad |
|---|---|
| Co-Vice Chairman & President | Aaron J. Nahmad |
| CFO & Treasurer | Ana M. Menendez |
| Executive VP of Planning & Strategy, Secretary and Director | Barry S. Logan |
| Chief Technology Officer | Steven Rupp |
Major Backers & Investors (WSO)
Notable institutional backers of Watsco, Inc. include Capital International Investors, Capital Group, WASHINGTON MUTUAL INVESTORS FUND, according to Nexqual as of October 23, 2026 at 09:25 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Capital International Investors | 9.69% |
| Capital Group | 5.29% |
| WASHINGTON MUTUAL INVESTORS FUND | 4.97% |
| FMR, LLC | 4.74% |
| AMERICAN MUTUAL FUND | 4.3% |
| Charles Schwab Investment Management, Inc. | 4.06% |
| Kayne Anderson Rudnick Investment Management LLC | 3.15% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 11.65% |
| Vanguard Group | 9.31% |
| State Street | 3.68% |
Source: Nexqual, October 23, 2026 at 09:25 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| AIT | Applied Industrial Technologies | USD 319.4 | ▼ 5.75% |
| QXO | QXO, Inc. | USD 11.02 | ▲ 6.89% |
| WCC | WESCO International, Inc. | USD 323.68 | ▼ 7.23% |
| CNM | Core & Main, Inc. | USD 42.33 | ▲ 2.17% |
| POOL | Pool Corporation | USD 197.21 | ▲ 14.36% |
| XMTR | Xometry, Inc. | USD 89.16 | ▲ 0.25% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:25 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt