Watsco, Inc.

Watsco, Inc. is a distributor of air conditioning, heating, and refrigeration equipment, along with related parts and supplies. The company serves contractors and dealers in the replacement and new construction markets for residential and light commercial central HVAC and refrigeration systems. Its product portfolio includes residential ducted and ductless air conditioners, gas/electric/oil furnaces, commercial HVAC systems, and specialized equipment. It also supplies replacement compressors, evaporator coils, motors, thermostats, insulation materials, refrigerants, ductwork, sheet metals, tools, copper tubing, and plumbing and bathroom remodeling supplies. Watsco operates across the United States, Canada, Latin America, and the Caribbean.

Watsco, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol WSO. The company's financial reporting and stock trading are conducted in US Dollars (USD). As a US-based corporation headquartered in Miami, Florida, its primary listing is on the NYSE, one of the world's largest stock exchanges, providing liquidity and visibility to investors globally.

Watsco, Inc. operates in the Industrials sector, specifically within the Industrial Distribution industry. As an industrial distributor, the company acts as an intermediary between manufacturers of HVAC and refrigeration equipment and the contractors and dealers who install and service these systems. This industry involves warehousing, logistics, and supply chain management to ensure that parts and equipment are readily available to customers across residential and light commercial markets.

Watsco, Inc. is headquartered in Miami, Florida, United States. The company was incorporated in 1956 and has since expanded its operations to serve markets across the United States, Canada, Latin America, and the Caribbean. Its geographic reach covers both domestic and international regions, with a focus on providing HVAC and refrigeration distribution services to contractors and dealers in replacement and new construction markets for residential and light commercial systems.

Watsco generates revenue by distributing air conditioning, heating, and refrigeration equipment, parts, and supplies to contractors and dealers. The company's business model relies on a vast inventory of products from various manufacturers, which it sells to customers who install or service HVAC and refrigeration systems. Revenue comes from both equipment sales (such as residential ducted and ductless AC units, furnaces, and commercial systems) and aftermarket parts and supplies (like compressors, motors, thermostats, refrigerants, and ductwork). The company serves the replacement market (which is less cyclical) and new construction, with a significant portion of revenue driven by the need for HVAC maintenance and upgrades.