NYSE: WSO - stock data...
NYSE: WSO
Proud to be one of the
country's largest corporations
based on revenues
Through its entrepreneurial and technology-driven culture, Watsco has established itself as the largest distributor in the highly fragmented $50+ billion North American HVAC/R distribution market.
18%
CAGR in operating
income
34-year as of 12/31/23
At Watsco, we are uniquely positioned to help drive the transition to a lower carbon future. That’s why we are committed to providing high efficiency HVAC units, heat pumps, and energy saving supplies.
from the sale of high efficiency equipment from January 2020 – December 2023
The company, Wagner Tool & Supply Corp., is founded in New York
1947
Watsco, Inc. is incorporated in Florida
1956
Watsco goes public
Albert H. Nahmad becomes Chairman, President and CEO
Watsco acquires an 80% interest in Gemaire in Florida and shifts focus to distribution
Watsco acquires locations from Carrier and ICP and enters the refrigeration market with the acquisition of Baker Distributing Company
Watsco sells its manufacturing operation and its revenues reach US$1 billion
Watsco acquires East Coast Metal Distributors, a distributor of Goodman products
2005
Watsco forms first joint venture with Carrier Global Corporation and its revenues reach US$2 billion
Watsco enters Canada and revenues exceed US$3 billion
Watsco expands its presence in the Northeast
Watsco’s revenues reach US$5 billion
Watsco expands its presence in the Midwest and its revenues reach US$6 billion
Watsco’s revenues reach US$7 billion, e-com sales reach US$2 billion and the company was named to the Fortune 500 list
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