Watsco WSO
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Watsco (WSO) Business Model and Operations Summary
Watsco is the largest heating, ventilation, air conditioning, and refrigeration products distributor in North America. The company primarily operates in the United States (90% of revenue) with significant exposure in the Sunbelt states. Watsco also has operations in Canada (5% of sales) and Latin America (5% of sales). The company's customer base consists of more than 125,000 contractors that serve the replacement and new construction HVACR markets for residential and light commercial applications.
Key Insights
Watsco (WSO) Core Market Data and Business Metrics
Latest Closing Price
$520.66Market Cap
$20.39 BillionPrice-Earnings Ratio
39.15Total Outstanding Shares
34.80 Million SharesTotal Employees
7,295Dividend
$3.00 Per Share QuarterlyIPO Date
June 16, 1994SIC Description
Wholesale-hardware & Plumbing & Heating Equipment & SuppliesPrimary Exchange
New York Stock ExchangeHeadquarters
2665 S Bayshore Dr, Coconut Grove, FL, 33133
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Short Interest
This information is bi-monthly aggregated short interest data reported to the Financial Industry Regulatory Authority (FINRA) by broker-dealers.
Average Daily Volume: The average number of shares traded per day over the specified period.
Days to Cover: The estimated number of days it would take to cover all short positions based on average trading volume.
Settlement Date: The date on which the short interest data is considered settled, typically based on exchange reporting schedules.
Short Interest: The total number of shares that have been sold short but have not yet been covered or closed out.
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Short Interest | Bi-Weekly Change (%) | Settlement Date | Days to Cover |
|---|---|---|---|
| 2,447,808 Shares | +1.27% | 3/14/2025 | 6.83 |
| 2,417,008 Shares | +3.78% | 2/28/2025 | 6.63 |
| 2,329,047 Shares | +1.32% | 2/14/2025 | 9.96 |
| 2,298,766 Shares | -0.93% | 1/31/2025 | 12.73 |
| 2,320,398 Shares | -1.85% | 1/15/2025 | 9.27 |
| 2,364,235 Shares | -3.72% | 12/31/2024 | 10.56 |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities | $-158.53 Million |
| Net Cash Flow, Continuing | $323.90 Million |
| Net Cash Flow From Operating Activities, Continuing | $773.10 Million |
| Net Cash Flow From Operating Activities | $773.10 Million |
| Net Cash Flow From Financing Activities, Continuing | $-158.53 Million |
| Net Cash Flow From Investing Activities, Continuing | $-290.67 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Cost Of Revenue | $5.57 Billion |
| Diluted Earnings Per Share | $13.30 |
| Income/Loss Before Equity Method Investments | $802.64 Million |
| Provision For Loan, Lease, And Other Losses | $0 |
| Basic Earnings Per Share | $13.34 |
| Net Income/Loss | $635.74 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $90.73 Million |
| Comprehensive Income/Loss | $609.45 Million |
| Comprehensive Income/Loss Attributable To Parent | $518.72 Million |
| Other Comprehensive Income/Loss | $-26.29 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Equity Attributable To Parent | $2.66 Billion |
| Noncurrent Assets | $1.40 Billion |
| Liabilities And Equity | $4.48 Billion |
| Inventory | $1.39 Billion |
| Equity | $3.06 Billion |
| Other Current Assets | $1.69 Billion |
Historical Dividends
Current dividend: $3.00 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Apr 1, 2025 | Apr 30, 2025 | Apr 15, 2025 | $3 | Quarterly |
| Jan 2, 2025 | Jan 31, 2025 | Jan 17, 2025 | $2.7 | Quarterly |
| Oct 1, 2024 | Oct 31, 2024 | Oct 16, 2024 | $2.7 | Quarterly |
| Jul 1, 2024 | Jul 31, 2024 | Jul 16, 2024 | $2.7 | Quarterly |
| Apr 1, 2024 | Apr 30, 2024 | Apr 15, 2024 | $2.7 | Quarterly |
| Jan 2, 2024 | Jan 31, 2024 | Jan 17, 2024 | $2.45 | Quarterly |