Watsco Inc Class A
WSO: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$333.00 | Llhcsx | Xrdlsslpx |
Leading US HVAC Distributor Watsco Continues to Enjoy Strong Profit Margins
Business Strategy and Outlook
Watsco is the largest player in the fragmented heating, ventilation, air conditioning, and refrigeration distribution industry with a mid- to high-teens percentage market share. The company mostly operates in the United States (about 90% of sales) with an outsize presence in the Sunbelt states.