Added to YB: 2026-01-20
Pitch date: 2026-01-16
WSO [bullish]
Watsco, Inc.
+9.38%
current return
Author Info
Company Info
Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, and refrigeration equipment, and related parts and supplies in the United States, Canada, Latin America, and the Caribbean.
Market Cap
$16.0B
Pitch Price
$374.43
Price Target
N/A
Dividend
2.84%
EV/EBITDA
17.97
P/E
34.52
EV/Sales
2.24
Sector
Trading Companies and Distributors
Category
growth
thoughts on Watsco
WSO (added to position): Largest HVAC distributor at 12-20% market share, acquired 70+ independents at 5-7x EBIT. Ductless systems (10-15% volume) growing teens/twenties vs tepid ducted growth, higher margins. Mitsubishi's largest customer. Strong moats in fragmented industry serving 150k+ contractors.
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