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Watsco achieves record gross margin of 28% in 2025, raises dividend 10%
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Watsco achieves record gross margin of 28% in 2025, raises dividend 10%

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Watsco (NYSE:WSO) posted full-year 2025 revenues of $7.24 billion, down 5% from the prior year, reflecting headwinds in equipment volumes offset partially by an 11% increase in average domestic selling prices and contributions from parts and supplies.