Company Watsco, Inc.

Equities

WSO

US9426222009

Electrical Components & Equipment

Market Closed - Nyse 04:00:01 2024-04-22 pm EDT 5-day change 1st Jan Change
406.5 USD +2.41% Intraday chart for Watsco, Inc. -1.44% -5.13%

Business Summary

Watsco, Inc. is engaged in the distribution of air conditioning, heating and refrigeration equipment and related parts and supplies (HVAC/R) with locations in the United States, Canada, Mexico, and Puerto Rico, and on an export basis to Latin America and the Caribbean. The Company sells products to the commercial refrigeration market, which include condensing units, compressors, evaporators, valves, refrigerants, walk-in coolers, and ice machines for industrial and commercial applications. It also sells a variety of non-equipment products including parts, ductwork, air movement products, insulation, tools, installation supplies, thermostats, and air quality products. It distributes products manufactured by Flexible Technologies, Inc. (Flexible Technologies), Resideo Technologies, Inc. (Resideo), Copeland Corporation, LLC, The Chemours Company (Chemours), Mueller Industries, Inc. (Mueller), and Welbilt, Inc. (Welbilt), among others. The Company operates in approximately 692 locations.

Number of employees: 7,388

Sales per Business

USD in Million2022Weight2023Weight Delta
HVAC Equipment
69.0 %
4,947 68.0 % 5,026 69.0 % +1.60%
Other HVAC Products
27.0 %
2,037 28.0 % 1,967 27.0 % -3.45%
Commercial Refrigeration Products
4.0 %
291 4.0 % 291 4.0 % +0.13%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
89.8 %
6,579 90.4 % 6,541 89.8 % -0.58%
Canada
5.1 %
389 5.3 % 375 5.1 % -3.72%
Latin America and the Caribbean
5.1 %
306 4.2 % 368 5.1 % +20.28%

Managers

Managers TitleAgeSince
Chief Executive Officer 83 72-11-30
Director of Finance/CFO 59 97-12-31
President 42 04-12-31
Chief Tech/Sci/R&D Officer - 11-07-31
Director/Board Member 61 91-12-31
Corporate Officer/Principal - 15-08-31

Members of the board

Members of the board TitleAgeSince
President 42 04-12-31
Director/Board Member 76 96-12-31
Chief Executive Officer 83 72-11-30
Director/Board Member 61 91-12-31
Director/Board Member 62 06-12-31
Director/Board Member 67 19-08-31
Director/Board Member 61 18-12-12
Director/Board Member - 22-03-31
Director/Board Member 66 23-06-04

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 10 5,610,512 493,633 ( 8.798 %) 48,263 ( 0.8602 %) 77.10 %
Stock B 1 38,713,337 33,678,199 ( 86.99 %) 4,778,988 ( 12.34 %)

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
11.15 %
3,782,852 11.15 % 1 634 M $
The Vanguard Group, Inc.
10.05 %
3,411,894 10.05 % 1 474 M $
Vanguard Fiduciary Trust Co.
9.623 %
3,265,589 9.623 % 1 411 M $
Merrill Lynch Investment Managers, Inc.
7.070 %
2,399,274 7.070 % 1 036 M $
Kayne Anderson Rudnick Investment Management LLC
4.880 %
1,655,950 4.880 % 715 M $
Baillie Gifford & Co.
4.351 %
1,476,317 4.351 % 638 M $
Fidelity Management & Research Co. LLC
4.208 %
1,427,790 4.208 % 617 M $
Charles Schwab Investment Management, Inc.
3.508 %
1,190,371 3.508 % 514 M $
1,174,659 3.462 % 507 M $
Capital Research & Management Co. (World Investors)
2.677 %
908,300 2.677 % 392 M $
NameEquities%Valuation
4,188,380 75.30 % 1 824 M $
306,487 5.510 % 134 M $
113,037 2.032 % 49 M $
67,088 1.206 % 29 M $
44,904 0.8073 % 20 M $
Dimensional Fund Advisors LP
0.1847 %
10,276 0.1847 % 4 M $
Gabelli Funds LLC
0.1416 %
7,875 0.1416 % 3 M $
Cominvest Asset Management GmbH
0.0396 %
2,200 0.0396 % 958 331 $
FAS Wealth Partners, Inc.
0.0394 %
2,192 0.0394 % 954 846 $
CSS LLC
0.0318 %
1,771 0.0318 % 771 456 $

Company contact information

Watsco, Inc.

2665 South Bayshore Drive Suite 901

33133, Miami

+305 714 4100

http://www.watsco.com
address Watsco, Inc.(WSO)