Watsco

Miami, United States Founded: 1956 • Age: 70 yrs
Equipment and parts for HVACR industry are supplied.
Annual revenue $7.6B Latest available
Total funding - 1 rounds
Employees 7290 Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Watsco

Watsco is a company based in Miami (United States) founded in 1956. The company has 7,290 employees as of December 31, 2024. Watsco has completed 8 acquisitions, including Acme Facilities Group, Acme Refrigeration and Alert Labs. Watsco offers products and services including HVAC Products and Refrigeration Services.

  • Headquarter Miami, United States
  • Employees 7290 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Watsco, Inc.
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $7.62 B (USD)
    4.59
    as on Dec 31, 2024
  • Net Profit
    $498.89 M (USD)
    -0.1
    as on Dec 31, 2024
  • EBITDA
    $788.86 M (USD)
    -2.19
    as on Dec 31, 2024
  • Latest Funding Round
    $500 M (USD), Debt – Conventional

    Dec 07, 2018

  • Investors
    Not available
  • Employee Count
    7290

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Watsco

Watsco is a publicly listed company on the NYSE with ticker symbol WSO in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: WSO · Sector: Producer manufacturing · USA

Products & Services of Watsco

Watsco offers a comprehensive portfolio of products and services, including HVAC Products and Refrigeration Services.

Product name locked
Category locked
Primary

HVAC products are distributed for heating, ventilation, and air conditioning purposes, with an emphasis on technological innovation

Product name locked
Category locked
Locked

Refrigeration services are provided to support energy-efficient solutions in various applications

People of Watsco

Headcount 5000-10000
Employee Profiles 59
Board Members and Advisors 19
Employee Profiles
People
Shannon Savage
Vice President Of External Financial Reporting
People
Rich Iandoli
Co COO
People
Jesus Monroy
Staff Accountant
People
Rich Martin
Director Of Salesforce Platform

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Board Members and Advisors
people
Reena Karani
Trustee
people
Uttara P. Marti
Trustee
people
Katharina Margetts
Trustee
people
Najwa Mekki
Trustee

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Funding Insights of Watsco

Investments & Acquisitions by Watsco

Watsco has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Acme Facilities Group, Acme Refrigeration and Alert Labs.

Investments
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Investment portfolio details for Watsco

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
A range of connected sensors for basement monitoring is developed.
Locked Locked 2015 Locked
Distributor of HVAC and sheet metal supplies
Locked Locked 1974 Locked
Air conditioning, cooling, and ventilation services are provided.
Locked Locked 1964 Locked
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Complete acquisition details for Watsco

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Watsco

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Detailed financials for Watsco

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  • Profit trends
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Watsco Comparisons

Watsco Primary company
Description
Equipment and parts for HVAC/R industry are supplied.
Location
Miami, United States
Founded Year
1956
Annual Revenue
$7.62 B (USD)
Net Profit
$498.89 M (USD)
EBITDA
$788.86 M (USD)
Employees
7,290
As of 2024
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Peer comparison for Watsco

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Competitors of Watsco

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Detailed competitors of Watsco

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  • Domains and locations
  • Full company profiles
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Latest news on Watsco

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Complete news archive for Watsco

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Frequently Asked Questions about Watsco

Watsco was founded in 1956 and raised its 1st funding round 62 years after it was founded.

Watsco is headquartered in Miami, United States. It is registered at Miami, Florida, United States.

Albert Nahmad is the current CEO of Watsco.

As of Dec 31, 2024, the latest employee count at Watsco is 7,290.

Annual revenue of Watsco is $7.62B as on Dec 31, 2024.

The company was founded in 1956 and is headquartered in Miami, United States. Operations focus on supplying equipment and related parts to the HVACR sector. Distribution occurs across various regions, supporting contractors and service providers. In 2022, annual revenues reached 7.3 billion, with net profit recorded at 0.55 billion. Leadership is provided by CEO Albert Nahmad, overseeing domain watsco.com.

Watsco offers HVAC Products and Refrigeration Services.

Yes, Watsco is publicly traded on NYSE under the ticker symbol WSO.

Watsco has made 8 acquisitions, including Acme Facilities Group, Acme Refrigeration, and Alert Labs.

The ticker symbol of Watsco is WSO on NYSE.

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