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WSO

WSO

Industrials · Industrial Distribution

$389.48+1.21%
Mkt Cap: $16.04BDY: 3.43%

Performance

WSO (WSO) Stock Analysis 2026

Rule-based · Updated daily · Not financial advice

WSO (WSO) operates in the Industrial Distribution space within the Industrials sector. With a market cap of $16.0B, it qualifies as a mid-cap company. Growth is moderate and the business remains profitable, offering a balanced risk/reward profile compared to high-multiple peers.

Bull Case4
  • Forward P/E (28.1×) is lower than trailing P/E (31.9×) — analysts expect earnings to improve
  • ROE of 18.6% shows management efficiently converts equity into profit
  • Current ratio of 3.3× — ample short-term liquidity
  • Dividend yield of 3.43% provides consistent income on top of price appreciation
Bear Case3
  • P/E of 31.9× is above average — valuation requires continued strong growth to justify
  • Earnings fell 3% YoY — profitability is under pressure
  • High debt-to-equity of 15.12× increases financial risk, especially with elevated interest rates

Verdict

Buy / Hold

More positives than negatives. Fundamentals support holding while monitoring key risks.

AI Insight

Powered by Claude

AI-generated analysis for informational purposes only. Not financial advice.

Related Articles

Revenue & Results

Dividends

Current DY

3.43%

5Y Avg Annual

$9.3800

Last Payment

$3.3000

Ex-Date

04/16/2026

Annual dividends paid per share

2011
2019
2026
Ex-DatePaymentAmountEst. DY
Latest04/16/2026
04/30/2026$3.30003.39%
01/16/2026
01/30/2026$3.00003.08%
10/16/2025
10/30/2025$3.00003.08%
07/16/2025
07/30/2025$3.00003.08%
04/15/2025
04/29/2025$3.00003.08%
01/17/2025
01/31/2025$2.70002.77%
10/16/2024
10/30/2024$2.70002.77%
07/16/2024
07/30/2024$2.70002.77%

Magic Number

Shares needed to self-fund your next purchase

$389.48

Price

÷

$3.3000

Last div. (quarterly)

=

119

shares

Own 119 WSO shares ($46,348.12) and each quarterly dividend pays for 1 new share — the snowball runs on its own.

Investment target

$46,348.12

New shares / year

+4 shares

If You Had Invested…

Hypothetical return based on historical prices

$

* Dividend reinvestment calculated at ex-date price. For informational purposes only.

Earnings

Next Earnings

Jul 29, 2026

43

days

EPS (TTM)

$12.20

P/E (TTM)

31.9

Fwd P/E

28.1

Earnings History

SEC EDGAR · official filings

SEC filings

SEC Filings

Official EDGAR documents

All filings

Key Statistics

Valuation

Market Cap$16.04B
P/E Ratio31.92
Forward P/E28.11
P/B Ratio
PEG Ratio1.50
EPS (TTM)$12.20

Trading

Open
Day High
Day Low
52W High$494.94
52W Low$323.05
Volume
Avg Volume (3M)462,541
Beta1.03

Dividends

Dividend Yield3.43%
Annual Rate$13.20
Ex-Div Date2026-04-16
Payout Ratio98.44%

Profitability

Profit Margin6.85%
Operating Margin6.85%
ROE18.59%
ROA9.50%
Revenue Growth0.10%
Earnings Growth-3.10%

Balance Sheet

Total Revenue$7.24B
Total Debt$486.23M
Debt / Equity15.12
Current Ratio3.34
Free Cash Flow$523.72M

Fair Value Estimates

Current price: $389.48

Graham Number

√(22.5 × EPS × Book Value)

$136.56

-64.9% downside

Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.

Bazin Ceiling Price

Avg. Annual DPS (5Y) ÷ 6%

$160.75

-58.7% downside

Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.

These are simplified estimates. Not financial advice.

Buy & Hold Checklist

Quality criteria for long-term holding

8/10

80% score

Pays dividends

15Y hist.

15+ years of dividend history

Dividend consistency (5Y+)

15 yrs

Uninterrupted dividend payments for at least 5 years

ROE above 10%

18.6%

Return on equity — measures how efficiently capital is used

Positive profit margin

6.9%

Net profit margin must be positive — company earns more than it spends

Revenue growth (annual)

+0.1%

Annual revenue must be growing compared to the prior year

Earnings growth (annual)

-3.1%

Annual earnings must be growing compared to the prior year

Debt/Equity below 2×

15.12×

Low financial leverage reduces risk of distress

Current ratio above 1

3.34×

Short-term assets must cover short-term liabilities

Daily liquidity above $5M

$180M/day

High trading volume ensures easy entry and exit

Dividend yield above 0%

3.43%

Stock must distribute income to shareholders

Related Assets

Industrials

About WSO

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. The company also offers parts comprising replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation materials, refrigerants, ductworks, grills, registers, sheet metals, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies, as well as plumbing and bathroom remodeling supplies. It serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. Watsco, Inc. was incorporated in 1956 and is headquartered in Miami, Florida.

Sector

Industrials

Industry

Industrial Distribution

Location

Miami, United States

Employees

6,950