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Watsco (NYSE: WSO-B) — Company Overview, News & Financial Data

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Company profile

Watsco

Watsco is a distributor of air conditioning, heating, and refrigeration equipment, along with related parts and supplies in North America. The company operates a network of distribution locations across the United States, Canada, and Mexico, supplying residential and commercial HVAC contractors, industrial customers, and service technicians. Its operations encompass major business units such as Baker Distributing, Gemaire Distributors, Carrier Enterprise, East Coast Metal, Acme Refrigeration, and Gateway Supply Co. Watsco provides products ranging from ducted and ductless air conditioners and heat pumps to commercial refrigeration systems, replacement parts, installation supplies, and specialized contractor technology software.

Snapshot

Public USOwnership
1945Year founded
5,001–10,000Employees
Coconut Grove, United StatesHead office
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Global footprint

Operations

All Locations
Miami, US

Products and/or services of Watsco

  • Residential Heating and Air Conditioning Systems: Wholesale distribution of central air conditioners, heat pumps, gas furnaces, and ductless split systems to licensed HVAC contractors across North American markets for residential replacement and new construction installations.
  • Commercial HVAC and Refrigeration Equipment: Distribution of commercial rooftop units, chillers, applied HVAC systems, walk-in coolers, display cases, and industrial refrigeration equipment serving commercial facilities, retail stores, food service providers, and institutional properties.
  • Replacement Parts and Maintenance Supplies: Supply of OEM and aftermarket replacement components including compressors, electric motors, valves, controls, refrigerants, fans, electrical supplies, and specialized servicing tools required for repair, maintenance, and system restoration.
  • Air Distribution and Installation Accessories: Provision of sheet metal, flexible ducting, insulation, registers, grilles, adhesives, piping, tubing, and installation hardware necessary for completing full residential and commercial heating and cooling system installations.
  • Contractor Technology and E-Commerce Solutions: Digital software platforms and mobile e-commerce tools enabling HVAC contractors to search inventory, check product availability, process online orders, manage equipment warranties, and access technical product documentation.
  • Plumbing and Water Heating Supplies: Wholesale distribution of residential and commercial water heaters, plumbing fixtures, piping systems, valves, fittings, and associated plumbing supplies supporting trade contractors in residential and commercial mechanical projects.

Watsco executive team

  • Mr. Albert H. NahmadChairman & CEO
  • Mr. Aaron J. NahmadCo-Vice Chairman & President
  • Ms. Ana M. Menendez CPACFO & Treasurer
  • Mr. Barry S. Logan CPAExecutive VP of Planning & Strategy, Secretary and Director
  • Mr. Steven RuppChief Technology Officer
  • Mr. Rick GomezVice President of Corporate Development
  • Mr. Paul W. JohnstonExecutive Vice President