# Watsco share price today (Watsco, Inc., WSO)

> Watsco, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. WSO · Industrials · Industrial Distribution · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/wso

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: $311.69 (−15.3% in a year)
- P/E: 27.2× (lower than 56% of the last 4.6 years)
- Revenue (Jun 2026): $2.1 B (+2.1% on a year ago)
- Profit (Jun 2026): $153 M (−11.0% on a year ago)
- Operating margin: 10.9% (−2.0 points on a year ago)
- ROE: 14%, FY25
- ROIC: 14.8%, against a 9.5% cost of capital: +5.3 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Watsco share price today? Watsco, Inc.'s share price was $311.69 at the close on 3 November 2026. It has been falling for 17 weeks. That is 14.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between $280 and $441, and at that close it sat 20% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 19 weeks running. Over the last 10 years the share price moved +121% while the S&P 500 moved +255%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 26 June 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Watsco pay? Watsco, Inc. paid $12.30 per share over the last four reported quarters. The most recent declaration was $3.30 for Jun 2026. At today's price of $311.69 that is a yield of 3.95%, based on dividends already paid, not a forecast. ## Which stock lists is Watsco on? Watsco is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Watsco profitable? Watsco, Inc. earned $153 M of net profit in the Jun 2026 quarter, −11.0% on the same quarter a year earlier. Full-year FY25 profit was $464 M. Over 4 years profit has grown 5.0% a year on average. That is 7.2% of the quarter's revenue. The same quarter a year earlier earned $171 M. For the full year, FY25 profit was $464 M (−7.0% on the year before). Why profit moved: revenue changed +2.1% on a year earlier and the margin moved −2.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −11.1% and revenue −3.0%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Watsco make, and is it growing? Watsco, Inc. reported $2.1 B of revenue in the Jun 2026 quarter, +2.1% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 4 years it has grown 3.6% a year on average. The last full year, FY25, came in at $7.2 B. The last four reported quarters add to $7.3 B. FY25 revenue was $7.2 B, −5.0% on the year before. Recent pace: the last four quarters grew −3.0% on average, against 3.6% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −3.0%, against −1.0% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −10.5%, against −4.4% a year (rolling over). ## How much of every $100 of sales does Watsco keep? Watsco, Inc.'s operating margin was 10.9% in the Jun 2026 quarter, 2.0 percentage points lower than the same quarter a year ago. Across 5 years it has been between 9.6% and 11.1%. The latest quarter is within that range. Why the margin moved: operating margin changed −2.0 percentage points on the year while gross margin changed −1.8 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Watsco's profit turning into cash? Over the last 3 years, 130% of Watsco, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $570 M of operating cash against $464 M of profit. After $34.5 M of spending on assets, $535 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Watsco's cash go? Watsco, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $100 M on assets over the last 3 years. Averaged over those years that is 0.5% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $100 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Watsco's P/E ratio, and how does it compare with its own history? Watsco, Inc.'s P/E is 27.2×, in the middle of its own history: higher than 44% of past readings. Its usual P/E (the middle reading) is 28.4×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −7.9% while the price moved −15.3%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved −5.4% a year; about −8.4% a year came from earnings growth and about +3.0 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Watsco business getting better or worse? Watsco, Inc.'s business is getting worse. Revenue, profit and EPS growth are shrinking: revenue growth is −3.0% in the latest quarter, against +4.6% at its best in 12 quarters, with ROCE falling at 17.1%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Watsco earn on its capital? Watsco, Inc. earned a ROE of 14% in FY25. Its return on capital used (ROIC) is 5.3 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 6.4% net margin and 1.64× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 6.4% net margin × 1.64× asset turnover × 1.37× leverage (assets divided by equity) ≈ 14.4% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 14.8% − 9.5% = +5.3 percentage points. The 9.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value. The 14.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 19.4%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Watsco have too much debt? Watsco, Inc. has total debt of $535 M against shareholder equity of $3.5 B as of Jun 2026, so its debt is 0.15× its equity, which is very little. Year by year, that ratio went from 0.19 in FY21 to 0.15 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Watsco shareholding pattern? 12.4% of Watsco, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 8.5 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Watsco from balance-sheet trouble? For Watsco, Inc., the Z-score is 8.34. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 8.34 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Watsco rank in its industry? There is no score against its industry: Watsco, Inc. is not present in the sector comparison for Industrial Distribution. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Watsco compared with? No sector comparison is shown here, not present in the sector comparison. ## Which companies are close to Watsco in size? Watsco is the 6th largest of 20 Industrial Distribution companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Ferguson Enterprises Inc., WESCO International, Inc. and QXO, Inc. Just below it: Applied Industrial Technologies, Inc., Core & Main, Inc. and Pool Corporation. ### Industrial Distribution companies close in size

1. [Ferguson Enterprises Inc.](https://www.sectoralpha.in/us/stocks/ferg) $46.8 billion
2. [WESCO International, Inc.](https://www.sectoralpha.in/us/stocks/wcc) $17.1 billion
3. [QXO, Inc.](https://www.sectoralpha.in/us/stocks/qxo) $12.1 billion
4. Watsco, Inc. $12 billion
5. [Applied Industrial Technologies, Inc.](https://www.sectoralpha.in/us/stocks/ait) $11.1 billion
6. [Core & Main, Inc.](https://www.sectoralpha.in/us/stocks/cnm) $8.5 billion
7. [Pool Corporation](https://www.sectoralpha.in/us/stocks/pool) $7.4 billion

[All 20 Industrial Distribution companies, largest first](https://www.sectoralpha.in/us/sectors/industrial-distribution#all-companies)

### Companies close in size in other industries

1. [Texas Roadhouse, Inc.](https://www.sectoralpha.in/us/stocks/txrh) $12.3 billion · Restaurants
2. [Globe Life Inc.](https://www.sectoralpha.in/us/stocks/gl) $12.3 billion · Insurance - Life
3. Watsco, Inc. $12.2 billion
4. [Invesco Ltd.](https://www.sectoralpha.in/us/stocks/ivz) $12.2 billion · Asset Management
5. [GameStop Corp.](https://www.sectoralpha.in/us/stocks/gme) $12.2 billion · Specialty Retail

## What else do people ask about Watsco? ### What is Watsco's stock price today? Watsco, Inc.'s stock price is $311.69, −15.3% over the past year. The whole company is worth $12.0 B on the market. In the last 52 weeks it traded between $280 to $441; today it is 20% of the way up from the low, 14.7% below its 200-day average (as of 3 November 2026). ### What were Watsco's latest quarterly results? Watsco, Inc. reported revenue of $2.1 B and net profit of $153 M for the Jun 2026 quarter. Revenue rose 2.1% and profit fell 11.0% compared with a year earlier. Earnings per share were $4.00. The operating margin was 10.9%, 2.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Watsco's market cap? Watsco, Inc.'s market capitalisation is $12.0 B at a stock price of $311.69. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Watsco performing? Watsco, Inc.'s share price has been falling for 17 weeks. In its latest quarter, revenue rose 2.1% and profit fell 11.0% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 19 weeks running (as of 3 November 2026). ### Will Watsco's stock price go up? This page does not forecast Watsco, Inc.'s stock price. What it shows instead: the stock price is $311.69, and it has been falling for 17 weeks. Its P/E of 27.2× is higher than 44% of its own last 5 years (as of 3 November 2026). ### Where is Watsco in its business cycle? Watsco, Inc.'s FY25 operating margin was 9.6%, against a 5-year range of 9.6% to 11.1%: the low end of its own range, which is often where recoveries start. The latest quarter was 10.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Watsco story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Watsco a stock worth studying right now? What the numbers show: Watsco, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.