| Indicators | Browse All

Watsco, Inc. (WSO)

Industrials | Industrial Distribution | Miami, United States | NYSE
393.71 USD +9.85 (2.566%) ⇧ (July 13, 2026, 4 p.m. EDT)
Short-term:★★☆☆☆Long-term:★★★★☆Dividends:★★⯪☆☆
Hot Take ↕ | July 11, 2026, 7 a.m. EDT

Watsco remains a high-quality industrial distribution powerhouse with an impressive 52-year dividend streak and robust return on equity, yet the investment case faces headwinds from stagnant growth and aggressive capital allocation. The business fundamentals are exceptional, supported by a fortress-like balance sheet and strong cash generation, which justifies a premium valuation over the long haul. However, the current payout ratio sits at nearly 99%, leaving little room for error if earnings fluctuate, which caps the dividend rating and introduces sustainability risk. In the short term, technical weakness relative to the 50-day moving average and heavy put option volume at deep strikes suggest the market is pricing in near-term volatility and downside protection. While the long-term trajectory remains strongly positive, investors should expect a period of consolidation rather than a rapid surge, making this a solid hold for income and compounding, but not a high-conviction entry for immediate momentum plays.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.102008
AutoETS0.102012
MSTL0.105552
AutoTheta0.138003

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 45%
H-stat 2.94
Ljung-Box p 0.000
Jarque-Bera p 0.255
Excess Kurtosis -1.20
Attribute Value
Sector Industrials
Ex Dividend Date 2026-07-15
Last Dividend Date 2026-04-15
Debt to Equity Ratio 15.124
Revenue per Share 191.161
Market Cap 16,216,237,056
Trailing P/E 32.24
Forward P/E 28.05
Beta 1.01
Profit Margins 6.85%
Website https://www.watsco.com

As of July 11, 2026, 7 a.m. EDT: Speculators are displaying mixed sentiment with a notable divergence between near-term upside targets and deep-dive downside protection. July and August call activity clusters around the 400 to 450 strike range, suggesting a bullish bias toward testing previous highs. However, August put activity reveals significant new flow and volume spikes at deep out-of-the-money strikes (200 to 240), accompanied by substantial implied volatility premiums. This indicates active hedging against a sharp decline, creating a tension where traders are simultaneously betting on a recovery while securing insurance against a crash.

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.78% 3.02% 2.59% 2.80%
Dividend History
Date Dividend Yield %
2026-04-16 3.300000 0.782176
2026-01-16 3.000000 0.786246
2025-10-16 3.000000 0.812282
2025-07-16 3.000000 0.635930
2025-04-15 3.000000 0.587820
2025-01-17 2.700000 0.544048
2024-10-16 2.700000 0.545885
2024-07-16 2.700000 0.519341
2024-04-12 2.700000 0.646381
2024-01-16 2.450000 0.609362
2023-10-16 2.450000 0.640791
2023-07-14 2.450000 0.671877
2023-04-14 2.450000 0.785332
2023-01-13 2.450000 0.889421
2022-10-14 2.200000 0.911086
2022-07-14 2.200000 0.882648
2022-04-13 2.200000 0.746446
2022-01-13 1.950000 0.646788
2021-10-14 1.950000 0.689119
2021-07-14 1.950000 0.680201
2021-04-14 1.950000 0.704251
2021-01-14 1.775000 0.762195
2020-10-14 1.775000 0.745924
2020-07-15 1.775000 0.927668
2020-04-14 1.775000 1.146123
2020-01-15 1.600000 0.912149
2019-10-11 1.600000 0.944454
2019-07-15 1.600000 0.990405
2019-04-12 1.600000 1.105354
2019-01-15 1.600000 1.126285
2018-10-12 1.450000 0.888971
2018-07-16 1.450000 0.802346
2018-04-13 1.450000 0.790578
2018-01-12 1.250000 0.717401
2017-10-13 1.250000 0.783404
2017-07-13 1.250000 0.825409
2017-04-11 1.050000 0.744945
2017-01-12 1.050000 0.712928
2016-10-13 1.050000 0.753498
2016-07-13 0.850000 0.605931
2016-04-13 0.850000 0.629723
2016-01-13 0.850000 0.781322
2015-10-13 0.700000 0.549149
2015-07-13 0.700000 0.557991
2015-04-13 0.700000 0.560538
2015-01-16 0.700000 0.662816
2014-10-10 0.600000 0.694364
2014-07-11 0.600000 0.614125
2014-04-11 0.400000 0.409207
2014-01-13 0.400000 0.426667
2013-10-10 0.400000 0.422520
2013-07-11 0.250000 0.275786
2013-04-11 0.250000 0.302480
2013-01-23 0.250000 0.332668
2012-10-11 5.620000 8.136673
2012-07-12 0.620000 0.823592
2012-04-12 0.620000 0.858726
2012-01-11 0.620000 0.905109
2011-10-12 0.570000 0.955254
2011-07-13 0.570000 0.863898
2011-04-13 0.570000 0.818966
2011-01-12 0.520000 0.836551
2010-10-13 0.520000 0.906397
2010-07-13 0.520000 0.860927
2010-04-13 0.520000 0.883302
2010-01-13 0.480000 0.976404
2009-10-13 0.480000 0.909953
2009-07-13 0.480000 1.054945
2009-04-13 0.480000 1.206637
2009-01-13 0.450000 1.253482
2008-10-10 0.450000 0.956429
2008-07-11 0.450000 1.040944
2008-04-11 0.450000 1.031164
2008-01-11 0.400000 1.199400
2007-10-11 0.400000 0.907853
2007-07-11 0.330000 0.580475
2007-04-11 0.330000 0.657240
2007-01-10 0.250000 0.546329
2006-10-11 0.250000 0.534874
2006-07-12 0.250000 0.456371
2006-04-11 0.250000 0.392034
2006-01-11 0.200000 0.303951
2005-10-12 0.200000 0.400962
2005-07-13 0.140000 0.331518
2005-04-13 0.140000 0.334768
2005-01-12 0.140000 0.399772
2004-10-13 0.100000 0.326052
2004-07-13 0.100000 0.369686
2004-04-13 0.100000 0.353982
2004-01-13 0.080000 0.353982
2003-10-10 0.080000 0.400000
2003-07-11 0.040000 0.237107
2003-04-11 0.040000 0.269906
2003-01-13 0.040000 0.236967
2002-10-10 0.030000 0.217391
2002-07-11 0.030000 0.171527
2002-04-11 0.030000 0.165654
2002-01-10 0.025000 0.170068
2001-10-11 0.025000 0.206441
2001-07-11 0.025000 0.192604
2001-04-11 0.025000 0.191424
2001-01-10 0.025000 0.182615
2000-10-12 0.025000 0.250000
2000-07-12 0.025000 0.186916
2000-04-12 0.025000 0.213904
2000-01-12 0.025000 0.205128
1999-10-13 0.025000 0.242424
1999-07-13 0.026000 0.160618
1999-04-13 0.025000 0.149813
1999-01-13 0.025000 0.142349
1998-10-13 0.025000 0.169492
1998-07-13 0.023333 0.100357
1998-04-13 0.023333 0.139649
1998-01-13 0.023333 0.139301
1997-10-10 0.023333 0.116909
1997-07-11 0.023333 0.125278
1997-04-11 0.023333 0.140702
1997-01-13 0.023333 0.135264
1996-10-10 0.023333 0.187917
1996-07-11 0.023333 0.183004
1996-04-11 0.022222 0.187792
1996-01-17 0.022222 0.273970
1995-10-12 0.022222 0.305340
1995-07-12 0.022222 0.373828
1995-04-10 0.019259 0.363631
1995-01-09 0.019259 0.403095
1994-10-11 0.019259 0.412693
1994-07-11 0.019259 0.406245
1994-04-11 0.019259 0.429746
1994-01-10 0.017778 0.432438
1993-10-08 0.017778 0.417397
1993-07-09 0.017778 0.384005
1993-04-08 0.017778 0.440372
1993-01-11 0.017778 0.500006
1992-10-08 0.017778 0.533340
1992-07-09 0.017778 0.666675
1992-04-09 0.017778 0.695661
Additional Data
dividendRate 13.2
dividendYield 3.44
exDividendDate 2026-07-16
trailingAnnualDividendRate 12.0
trailingAnnualDividendYield 0.0312614
lastDividendValue 3.3
lastDividendDate 2026-04-16
dividendDate 2026-07-31

Info Dump

Attribute Value
52 Week Change -0.18792444
Address1 2,665 South Bayshore Drive
Address2 Suite 901
All Time High 571.42
All Time Low 1.657848
Ask 625.99
Ask Size 80
Audit Risk 3
Average Analyst Rating 2.8 - Hold
Average Daily Volume10 Day 351,550
Average Daily Volume3 Month 405,552
Average Volume 405,552
Average Volume10Days 351,550
Beta 1.008
Bid 0.0
Bid Size 80
Board Risk 9
Book Value 72.698
City Miami
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 4
Country United States
Crypto Tradeable 0
Currency USD
Current Price 393.71
Current Ratio 3.342
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 394.6
Day Low 384.1158
Debt To Equity 15.124
Display Name Watsco
Dividend Date 1,785,456,000
Dividend Rate 13.2
Dividend Yield 3.44
Earnings Call Timestamp End 1,777,384,800
Earnings Call Timestamp Start 1,777,384,800
Earnings Growth -0.031
Earnings Quarterly Growth -0.012
Earnings Timestamp 1,777,379,400
Earnings Timestamp End 1,785,328,200
Earnings Timestamp Start 1,785,328,200
Ebitda 735,894,976
Ebitda Margins 0.10163
Enterprise To Ebitda 20.798
Enterprise To Revenue 2.114
Enterprise Value 15,305,026,560
Eps Current Year 12.78451
Eps Forward 14.03829
Eps Trailing Twelve Months 12.21
Esg Populated 0
Ex Dividend Date 1,784,160,000
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 395.4842
Fifty Day Average Change -1.7742004
Fifty Day Average Change Percent -0.004486148
Fifty Two Week Change Percent -18.792444
Fifty Two Week High 494.94
Fifty Two Week High Change -101.23001
Fifty Two Week High Change Percent -0.20452987
Fifty Two Week Low 323.05
Fifty Two Week Low Change 70.66
Fifty Two Week Low Change Percent 0.21872777
Fifty Two Week Range 323.05 - 494.94
Financial Currency USD
First Trade Date Milliseconds 455,463,000,000
Five Year Avg Dividend Yield 2.69
Float Shares 32,987,252
Forward Eps 14.03829
Forward P E 28.045439
Free Cashflow 523,716,128
Full Exchange Name NYSE
Full Time Employees 6,950
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.28012
Gross Profits 2,028,396,032
Has Pre Post Market Data 1
Held Percent Insiders 0.0038800002
Held Percent Institutions 1.13682
Implied Shares Outstanding 41,188,278
Industry Industrial Distribution
Industry Disp Industrial Distribution
Industry Key industrial-distribution
Ir Website http://investors.watsco.com/phoenix.zhtml?c=94992&p=irol-irhome
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,776,297,600
Last Dividend Value 3.3
Last Fiscal Year End 1,767,139,200
Last Split Date 903,312,000
Last Split Factor 3:2
Long Business Summary 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. It distributes equipment, including residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. The company also offers parts comprising 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. It serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. Watsco, Inc. was incorporated in 1956 and is headquartered in Miami, Florida.
Long Name Watsco, Inc.
Market us_market
Market Cap 16,216,237,056
Market State PRE
Max Age 86,400
Message Board Id finmb_313461
Most Recent Quarter 1,774,915,200
Net Income To Common 462,335,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 15,816,977,657
Number Of Analyst Opinions 10
Open 386.02
Operating Cashflow 728,352,000
Operating Margins 0.06846
Overall Risk 9
Payout Ratio 0.98440003
Peg Ratio 1.52
Phone 305 714 4100
Pre Market Change 2.5200195
Pre Market Change Percent 0.64007
Pre Market Price 396.23
Pre Market Time 1,784,017,997
Previous Close 383.86
Price Eps Current Year 30.795862
Price Hint 2
Price To Book 5.4156923
Price To Sales Trailing12 Months 2.2394361
Profit Margins 0.0685
Quick Ratio 1.504
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.78571
Region US
Regular Market Change 9.85001
Regular Market Change Percent 2.56604
Regular Market Day High 394.6
Regular Market Day Low 384.1158
Regular Market Day Range 384.1158 - 394.6
Regular Market Open 386.02
Regular Market Previous Close 383.86
Regular Market Price 393.71
Regular Market Time 1,783,972,803
Regular Market Volume 287,360
Return On Assets 0.095
Return On Equity 0.18595
Revenue Growth 0.001
Revenue Per Share 191.161
Sand P52 Week Change 0.20847368
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Share Holder Rights Risk 10
Shares Outstanding 35,534,537
Shares Percent Shares Out 0.0
Shares Short 25
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 88
Short Name Watsco, Inc.
Short Percent Of Float 0.0
Short Ratio 0.0
Source Interval 15
State FL
Symbol WSO
Target High Price 485.0
Target Low Price 385.0
Target Mean Price 430.2
Target Median Price 427.5
Total Cash 592,678,976
Total Cash Per Share 15.599
Total Debt 486,227,008
Total Revenue 7,241,213,952
Tradeable 0
Trailing Annual Dividend Rate 12.0
Trailing Annual Dividend Yield 0.0312614
Trailing Eps 12.21
Trailing P E 32.24488
Trailing Peg Ratio 1.5169
Triggerable 1
Two Hundred Day Average 382.6724
Two Hundred Day Average Change 11.037598
Two Hundred Day Average Change Percent 0.028843464
Type Disp Equity
Volume 287,360
Website https://www.watsco.com
Zip 33,133