Watsco
- Albert H. Nahmad[1]
- (Chairman & CEO)
- Aaron J. Nahmad
- (President)
- Ana M. Menendez
- (CFO)
[2][better source needed]
Watsco, Inc. is a distributor of air conditioning, heating and refrigeration equipment, and related parts and supplies (HVAC/R) in the United States.[2] Watsco was founded more than 60 years ago as a manufacturer of parts, components, and tools used in the HVAC/R industry. In 1989, the company shifted from manufacturing to distribution, by acquiring Gemaire Distributors Inc., a South Florida-based Rheem distributor.[3][4][5][6]
Key dates
1947: The company, Wagner Tool & Supply Corp., is founded in New York
1956: Watsco, Inc. incorporated in Florida
1963: The company goes public
1972: Albert H. Nahmad becomes chairman, president and CEO
1989: Watsco acquires an 80% interest in Gemaire in Florida and shifts focus to distribution
1990: The company acquires a 50.5% interest in Heating & Cooling Supply in California
1993: Watsco acquires an 80% interest in Comfort Supply in Texas
1996: Watsco purchases minority interests of Gemaire, Heating & Cooling & Comfort Supply
1997: The company acquires locations from Carrier and ICP; enters refrigeration market
1998: Watsco sells its manufacturing operation; revenues reach US$1 billion
2005: The company acquires East Coast Metal Distributors, a distributor of Goodman products
2009: Watsco forms first joint venture with Carrier Corporation; revenues reach US$2 billion
2011: The company enters Mexico
2012: Watsco enters Canada and revenues exceed US$3 billion
2015: The company's revenues reach US$4 billion
2019: Watsco expanded its presence in the Northeast
2020: The company's revenues reach US$5 billion
2021: Watsco expanded its presence in the Midwest and its revenues reach US$6 billion
2022: The company's revenues reach US$7 billion and the company was named to the Fortune 500 list
References
- ^ a b c "Watsco (WSO) Stock Price, Financials and News". Fortune 500. Archived from the original on 2019-04-18. Retrieved 2019-01-21.
- ^ a b "Watsco, Inc, Form 10-K, Annual Report, Filing Date Mar 1, 2018". secdatabase.com. Archived from the original on May 11, 2018. Retrieved May 10, 2018.
- ^ Brewer, Reuben Gregg (2023-04-20). "Why Watsco Stock Rose as Much as 12% at the Open Today". The Motley Fool. Archived from the original on 2023-05-02. Retrieved 2023-05-02.
- ^ Samaha, Lee (2023-02-16). "Why Shares in Dividend Investors' Favorite, Watsco, Soared This Week". The Motley Fool. Archived from the original on 2023-05-02. Retrieved 2023-05-02.
- ^ Everitt, Neil (2021-03-16). "Carrier and Watsco combine to acquire US distributor TEC". Cooling Post. Kent, United Kingdom. Archived from the original on 2023-05-02. Retrieved 2023-05-02.
- ^ Brohan, Mark (2022-07-27). "Watsco, a large HVAC distributor, grows ecommerce 25%". Digital Commerce 360. Chicago, Illinois, United States: Vertical Web Media LLC. Archived from the original on 2023-05-02. Retrieved 2023-05-02.
- v
- t
- e
- Antero Midstream
- Antero Resources
- ChampionX
- Chesapeake Energy
- Chord Energy
- Civitas Resources
- CNX Resources
- DT Midstream
- Equitrans Midstream
- HF Sinclair
- Matador Resources
- Murphy Oil
- Nov
- Ovintiv
- PBF Energy
- Permian Resources
- Range Resources
- Southwestern Energy
- Valaris Limited
- Weatherford International
- Alcoa
- AptarGroup
- Arcadium Lithium
- Ashland Global
- Avient
- Axalta
- Berry Global
- Cabot Corp
- Chemours
- Cleveland-Cliffs
- Commercial Metals
- Crown Holdings
- Eagle Materials
- Graphic Packaging
- Greif, Inc.
- Knife River Corporation
- Louisiana-Pacific
- MP Materials
- NewMarket Corporation
- Olin
- Reliance Steel & Aluminum Co.
- Royal Gold
- RPM International
- Scotts Miracle-Gro Company
- Silgan Holdings
- Sonoco
- U.S. Steel
- Westlake
- Acuity Brands
- Advanced Drainage Systems
- AECOM
- AGCO
- ASGN Inc.
- Avis Budget Group
- Brink's
- BWX Technologies
- CACI International
- Carlisle Companies
- Chart Industries
- Clean Harbors
- Comfort Systems USA
- Concentrix
- Core & Main
- Crane
- Curtiss-Wright
- Donaldson
- Emcor
- EnerSys
- ESAB
- EXL Service
- Exponent, Inc.
- Flowserve
- Fluor
- Fortune Brands Innovations
- FTI Consulting
- GATX
- Genpact
- Graco
- GXO Logistics
- Hertz
- Hexcel
- Insperity
- ITT
- KBR
- Kirby
- Knight-Swift
- Landstar System
- Lennox International
- Lincoln Electric
- ManpowerGroup
- MasTec
- Maximus Inc.
- MDU Resources
- Middleby
- MSA Safety
- MSC Industrial Direct
- nVent Electric plc
- Oshkosh
- Owens Corning
- Paylocity
- RBC Bearings
- Regal Rexnord
- Ryder
- Saia
- Science Applications Intl Corp
- Sensata Technologies
- Simpson Manufacturing Company
- Stericycle
- Sunrun
- Terex
- Tetra Tech
- Timken
- The Toro Company
- Trex
- UFP Industries
- Valmont
- Watsco
- Watts Water Technologies
- Werner Enterprises
- WESCO International
- Woodward
- XPO, Inc.
- Adient
- Aramark
- Autoliv
- AutoNation
- Boyd Gaming
- Brunswick
- Burlington
- Capri Holdings
- Carter's
- Choice Hotels
- Churchill Downs Inc.
- Columbia Sportswear
- Crocs
- Deckers Brands
- Dick's Sporting Goods
- Duolingo
- Five Below
- Floor & Decor
- Fox Factory
- GameStop
- Gap
- Gentex
- Goodyear Tire & Rubber
- Graham Holdings
- Grand Canyon Education
- H&R Block
- Harley-Davidson
- Helen of Troy Limited
- Hilton Grand Vacations
- Hyatt
- KB Home
- Lear
- Leggett & Platt
- Light & Wonder
- Lithia Motors
- Macy's
- Marriott Vacations Worldwide
- Mattel
- Murphy USA
- Nordstrom
- Ollie's Bargain Outlet
- Penn Entertainment
- Penske Automotive Group
- Planet Fitness
- Polaris
- PVH
- RH
- Service Corp Intl
- Skechers
- Taylor Morrison
- Tempur Sealy
- Texas Roadhouse
- Thor Industries
- Toll Brothers
- TopBuild Corp.
- Travel + Leisure Co.
- Under Armour (Class A)
- Under Armour (Class C)
- Vail Resorts
- Valvoline
- Visteon
- Wendy's
- Williams-Sonoma
- Wingstop
- Wyndham Hotels & Resorts
- Yeti Holdings
- BellRing Brands
- BJ's Wholesale Club
- Boston Beer Company
- Casey's General Stores
- Celsius Holdings
- Coca-Cola Consolidated
- Coty
- Darling Ingredients
- e.l.f. Beauty
- Flowers Foods
- Grocery Outlet
- Ingredion
- Lancaster Colony Corp
- Performance Food Group
- Pilgrim's Pride
- Post Holdings
- Sprouts Farmers Market
- US Foods
- Acadia Healthcare
- Amedisys
- Arrowhead Pharmaceuticals
- Azenta
- Bruker
- Chemed Corp.
- Doximity
- Encompass Health
- Enovis
- Envista Holdings
- Exelixis
- Globus Medical
- Haemonetics
- Halozyme
- HealthEquity
- Inari Medical
- Integra Lifesciences Holdings
- Jazz Pharmaceuticals
- Lantheus Holdings
- LivaNova
- Masimo
- Medpace
- Neogen
- Neurocrine Biosciences
- Option Care Health
- Penumbra
- Perrigo
- Progyny
- QuidelOrtho
- R1 RCM
- Repligen
- Shockwave Medical
- Sotera Health
- Tenet Healthcare
- United Therapeutics
- Affiliated Managers Group
- Ally Financial
- American Financial Group
- Annaly Capital Management
- Associated Bank
- Bank OZK
- Brighthouse Financial
- Cadence Bank
- Carlyle Group
- CNO Financial Group
- Columbia Banking System
- Commerce Bancshares
- East West Bancorp
- Equitable Holdings
- Erie Indemnity
- Essent Group Ltd.
- Euronet Worldwide
- Evercore
- Federated Hermes
- Fidelity National Financial
- First American
- First Financial Bankshares
- First Horizon
- FirstCash
- FNB Corporation
- Frost Bank
- Glacier Bancorp
- Hancock Whitney
- Hanover Insurance
- Home BancShares
- Houlihan Lokey
- Interactive Brokers
- Intl Bancshares Corp
- Janus Henderson
- Jefferies
- Kemper
- Kinsale Capital Group
- MGIC Investment Corporation
- Morningstar, Inc.
- New York Community Bank
- Old National Bank
- Old Republic International
- Pinnacle Financial Partners
- Primerica
- Prosperity Bancshares
- Reinsurance Group of America
- RenaissanceRe
- RLI
- SEI
- Selective Insurance Group
- SLM Corp
- South State Bank
- Starwood Property Trust
- Stifel
- Synovus
- Texas Capital Bancshares
- UMB Financial Corp.
- United Bankshares
- Unum
- Valley Bank
- Voya Financial
- Webster Bank
- Western Union
- WEX Inc.
- Wintrust
- Allegro MicroSystems
- Amkor Technology
- Arrow Electronics
- Aspen Technology
- Avnet
- Belden
- Blackbaud
- Calix
- Ciena
- Cirrus Logic
- Cognex
- Coherent Corp.
- CommVault Systems
- Crane NXT
- Dolby
- Dropbox
- Dynatrace
- GoDaddy
- IPG Photonics
- Kyndryl
- Lattice Semiconductor
- Littelfuse
- Lumentum Holdings
- MACOM Technology Solutions
- Manhattan Associates
- MKS Instruments
- Novanta
- Onto Innovation
- Power Integrations
- Pure Storage
- Qualys
- Rambus
- Silicon Labs
- Supermicro
- Synaptics
- TD Synnex
- Teradata
- Universal Display
- Vishay
- Vontier
- Wolfspeed
- Agree Realty
- Apartment Income REIT
- Brixmor Property Group
- COPT Defense Properties
- Cousins Properties
- CubeSmart
- EastGroup Properties
- EPR Properties
- Equity Lifestyle Properties
- First Industrial Realty Trust
- Gaming and Leisure Properties
- Healthcare Realty Trust
- IRT Living
- Jones Lang LaSalle
- Kilroy Realty Corp
- Kite Realty Group Trust
- Lamar Advertising Company
- Medical Properties Trust
- National Storage Affiliates Trust
- NNN Reit
- Omega Healthcare Investors
- Park Hotels & Resorts
- Physicians Realty Trust
- PotlatchDeltic
- Rayonier
- Rexford Industrial Realty
- Sabra Health Care REIT
- STAG Industrial
- Vornado Realty Trust
- W. P. Carey