WSO Stock Summary and Trading Ideas (Watsco | NYSE:WSO)

Watsco is the largest HVAC and refrigeration products distributor in North America with approximately 13% market share. The company primarily operates in the United States (90% of revenue) with significant exposure in the Sunbelt states. Watsco also has operations in Canada, Latin America, and the Caribbean. The company's customer base comprises more than 120,000 dealers and contractors serving the replacement and new-construction HVAC/R markets for residential and light-commercial applications. As much as 20% of residential HVAC units are distributed through Watsco in any given year. Revenue is approximately 75%-80% residential HVAC and 20%-25% commercial, with relatively small exposure to more complex "applied" solutions.

Watsco trades on the NYSE stock market under the symbol WSO.

As of March 11, 2026, WSO stock price declined to $374.09 with 269,028 million shares trading.

WSO has a beta of 0.65, meaning it tends to be less sensitive to market movements. WSO has a correlation of 0.12 to the broad based SPY ETF.

WSO has a market cap of $15.17 billion. This is considered a Large Cap stock.

Last quarter Watsco reported $2 billion in Revenue and $1.68 earnings per share. This fell short of revenue expectation by $-38 million and missed earnings estimates by -$.23.

In the last 3 years, WSO traded as high as $571.42 and as low as $284.05.

The top ETF exchange traded funds that WSO belongs to (by Net Assets): IJH, VTI, SCHD, VB, VBK.

WSO has underperformed the market in the last year with a price return of -23.6% while the SPY ETF gained +23.0%. However, in the short term, WSO had mixed performance relative to the market. It has outperformed in the last 3 months, returning +5.1% vs -1.6% return in SPY. But in the last 2 weeks, WSO shares have been beat by the market, returning -8.3% compared to an SPY return of -2.4%.

WSO support price is $370.33 and resistance is $388.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WSO shares will trade within this expected range on the day.