WSO — Watsco Inc

✨ Hidden Gem Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Watsco Inc

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. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$380.95
Market Cap$15.38B
Float35.6M
Shares Outstanding35.0M
P/E (Forward)28.74
P/E (TTM)31.06
Price/Sales (TTM)2.12
vs. Analyst Target+11.5% to analyst PT
Profit Margin6.85%
Operating Margin (TTM)6.85%
Revenue (TTM)$7.24B
Earnings Growth (YoY)-3.10%
Dividend Rate13.2%
Analyst Target Price$424.70 (15 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $5.05B $270M $1.22B $427M
2021 $6.28B $419M $1.67B $657M
2022 $7.27B $601M $2.03B $863M
2023 $7.28B $536M $1.99B $804M
2024 $7.62B $536M $2.04B $792M
2025 $7.24B $497M $2.03B $781M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $2.06B $184M
Sep 2025 $2.07B $162M
Dec 2025 $1.58B $71.7M
Mar 2026 $1.53B $79.1M

Ownership & Float

Insider Ownership0.4%
Institutional Ownership114.0%
Short Float0.0%
% of All Funds Holding8.75%
Number of Funds Holding719

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$400.59Near-term / short-term trend
Weekly40-Week SMA$383.02Medium-term trend
Weekly80-Week SMA$429.99Cyclical trend (business cycle)
Weekly200-Week SMA$396.49Secular trend (multi-year)
Monthly10-Month SMA$384.44Near-term monthly trend
Monthly20-Month SMA$431.50Medium-term monthly trend
Monthly40-Month SMA$416.12Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$365.00 support 1.21x 0 months ago
$339.00 support 1.01x 3 months ago
$448.00 resistance 1.13x 8 months ago
$509.00 resistance 1.44x 12 months ago

Historical Earnings Reactions (123 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.20% 0.13% 56.10% 5.84% -3.60%
1 Day 0.24% -0.08% 47.97% 15.33% -11.30%
1 Week 0.49% 0.31% 52.03% 13.84% -16.91%
2 Weeks 1.14% 1.30% 61.79% 19.58% -18.58%
1 Month 2.66% 2.23% 60.66% 26.69% -18.47%

Next earnings: July 17, 2026 (49 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan2.4%57.1%42
Feb1.9%61.9%42
Mar4.7%66.7%42
Apr5.7%71.4%42
May3.6%56.1%41
Jun-0.6%46.3%41
Jul0.7%54.8%42
Aug-0.1%42.9%42
Sep-1.8%45.2%42
Oct-1.2%45.2%42
Nov3.3%61.9%42
Dec-0.5%45.2%42

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.03% 41.4% 1997
Tuesday 0.07% 43.2% 2169
Wednesday 0.08% 43.0% 2165
Thursday 0.06% 43.4% 2125
Friday 0.11% 43.0% 2116

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 114.0%

Insider Transactions — Smart Summary

Total insider ownership: 0.4%

Founder-led management: Albert H. Nahmad (Chairman & CEO)

12-Month Insider Activity Summary

Total Filings1
Net Value+N/A
Net Shares Change-2,200
% of Float-0.0%
C-Suite Filings0
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Custer John Michael -$986,194 1 1 sell

Significant Filings

DateInsiderTitleNet ValuePrice After
2025-06-12 Custer John Michael -$986,194 Transaction at $448.27, now -15.0%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Watsco Inc (WSO) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for WSO on Trend Edge →