Company Watsco, Inc. Nyse

Equities

WSO.B

US9426221019

Electrical Components & Equipment

Market Closed - Nyse 21:15:00 13/05/2024 BST 5-day change 1st Jan Change
445.2 USD 0.00% Intraday chart for Watsco, Inc. 0.00% +5.44%

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

Members of the board

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

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 10 5,600,730 440,066 ( 7.857 %) 48,263 ( 0.8617 %) 78.73 %
Stock B 1 38,814,535 34,525,994 ( 88.95 %) 4,066,988 ( 10.48 %)

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
10.05 %
3,411,894 10.05 % 1 515 M $
The Vanguard Group, Inc.
10.05 %
3,411,894 10.05 % 1 515 M $
BlackRock Advisors LLC
9.973 %
3,384,292 9.973 % 1 503 M $
Fidelity Management & Research Co. LLC
8.980 %
3,047,435 8.980 % 1 353 M $
Merrill Lynch Investment Managers, Inc.
7.070 %
2,399,274 7.070 % 1 065 M $
Kayne Anderson Rudnick Investment Management LLC
4.880 %
1,655,950 4.880 % 735 M $
Baillie Gifford & Co.
4.298 %
1,458,370 4.298 % 648 M $
Charles Schwab Investment Management, Inc.
3.660 %
1,242,026 3.660 % 551 M $
1,174,659 3.462 % 522 M $
Capital Research & Management Co. (World Investors)
2.677 %
908,300 2.677 % 403 M $
NameEquities%Valuation
4,188,380 75.30 % 1 862 M $
306,487 5.510 % 136 M $
113,037 2.032 % 50 M $
67,088 1.206 % 30 M $
44,904 0.8073 % 20 M $
Dimensional Fund Advisors LP
0.1847 %
10,276 0.1847 % 5 M $
Gabelli Funds LLC
0.1416 %
7,875 0.1416 % 4 M $
Cominvest Asset Management GmbH
0.0396 %
2,200 0.0396 % 978 296 $
FAS Wealth Partners, Inc.
0.0395 %
2,199 0.0395 % 977 851 $
CSS LLC
0.0318 %
1,771 0.0318 % 787 528 $

Company contact information

Watsco, Inc.

2665 South Bayshore Drive Suite 901

33133, Miami

+305 714 4100

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