Wall Street analyst estimates for Watsco, Inc. (WSO): consensus price target, buy/hold/sell recommendations and forecasts for revenue, EPS and EBITDA for the upcoming fiscal years.
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.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 8 |
| Hold | 17 |
| Sell | 2 |
| Strong Sell | 0 |
| Total analysts | 27 |
| Avg rating (1-5) | 0.22 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-04 | $4.13 | ||
| 2026-07-29 | $4.00 | $4.41 | -9.3% |
| 2026-04-28 | $1.87 | $1.73 | +8.1% |
| 2026-02-17 | $1.68 | $1.88 | -10.6% |
| 2025-10-29 | $3.98 | $4.44 | -10.4% |
| 2025-07-30 | $4.52 | $4.78 | -5.4% |
| 2025-04-23 | $1.93 | $2.29 | -15.7% |
| 2025-02-18 | $2.37 | $2.15 | +10.2% |
Valuation Ratios
| P/E Ratio | 25.23 |
| Price / Book | 3.72 |
| EV / EBITDA | 16.55 |
| Dividend Yield | 4.31% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.22B | $4.34B | $4.55B | $4.77B | $5.05B | $6.28B | $7.27B | $7.28B | $7.62B | $7.24B |
| Cost of Revenue | $3.19B | $3.28B | $3.43B | $3.61B | $3.83B | $4.61B | $5.24B | $5.29B | $5.57B | $5.21B |
| Gross Profit | $1.03B | $1.07B | $1.12B | $1.16B | $1.22B | $1.67B | $2.03B | $1.99B | $2.04B | $2.03B |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $689.0M | $715.7M | $757.5M | $800.3M | $833.1M | $1.06B | $1.22B | $1.22B | $1.26B | $1.34B |
| Operating Expenses | $689.0M | $711.8M | $748.2M | $790.1M | $821.8M | $1.04B | $1.20B | $1.20B | $1.26B | $1.34B |
| Operating Income | $345.6M | $353.9M | $372.1M | $366.9M | $401.0M | $628.5M | $831.6M | $794.8M | $781.8M | $692.6M |
| EBITDA | $365.7M | $375.9M | $394.2M | $391.4M | $426.9M | $656.7M | $840.6M | $803.7M | $792.1M | $781.4M |
| Interest Expense | $3.7M | $6.4M | $2.7M | $4.0M | $1.2M | $996,000 | $2.2M | $4.9M | -$20.9M | 0 |
| Pre-tax Income | $341.9M | $347.5M | $369.3M | $362.9M | $399.8M | $627.5M | $829.4M | $789.9M | $802.6M | $737.7M |
| Income Tax | $105.9M | $90.2M | $72.8M | $67.1M | $76.6M | $128.8M | $125.7M | $155.8M | $166.9M | $150.1M |
| Net Income | $182.8M | $208.2M | $242.9M | $245.9M | $269.6M | $418.9M | $601.2M | $536.3M | $536.3M | $497.0M |
| EPS | $4.73 | $5.12 | $6.48 | $6.51 | $7.03 | $10.83 | $15.46 | $13.67 | $13.34 | $12.25 |
| EPS (Diluted) | $4.73 | $5.12 | $6.48 | $6.50 | $7.01 | $10.78 | $15.41 | $13.67 | $13.30 | $12.25 |
| Shares Outstanding (Diluted) | $35.5M | $37.2M | $37.5M | $34.7M | $35.2M | $35.4M | $35.7M | $36.5M | $37.5M | $37.9M |
Price
| Price | $292.15 |
| Market Cap | $12.0B |
| Exchange | NYSE |
| Country | US |
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Explore sector: Industrials · Industrial - Distribution
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