Watsco Inc Class A
WSO: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$865.00 | Nqymbx | Kwzbsctb |
We Think Watsco's Record-Setting Financial Performance Will Begin to Moderate in 2023
Business Strategy and Outlook
Watsco is the largest player in the fragmented heating, ventilation, air-conditioning, and refrigeration distribution industry with low-double-digit percentage market share. The company predominantly operates in the United States (approximately 90% of revenue) with an outsize presence in the Sunbelt states.