Watsco, Inc.

NYSE:WSO Stock Report

Market Cap: US$18.2b

Watsco Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Albert Nahmad

Chief executive officer

US$11.1m

Total compensation

CEO salary percentage5.4%
CEO tenure52yrs
CEO ownership11.2%
Management average tenure20.1yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

Unpleasant Surprises Could Be In Store For Watsco, Inc.'s (NYSE:WSO) Shares

Dec 24
Unpleasant Surprises Could Be In Store For Watsco, Inc.'s (NYSE:WSO) Shares

Should You Think About Buying Watsco, Inc. (NYSE:WSO) Now?

Dec 09
Should You Think About Buying Watsco, Inc. (NYSE:WSO) Now?

Watsco: Primed For Market-Beating Returns Following Q3 Earnings

Oct 31

Why The 21% Return On Capital At Watsco (NYSE:WSO) Should Have Your Attention

Oct 01
Why The 21% Return On Capital At Watsco (NYSE:WSO) Should Have Your Attention

Watsco: Good Growth Prospects, But Premium Valuation Limits Upside

Sep 21

Is It Too Late To Consider Buying Watsco, Inc. (NYSE:WSO)?

Sep 08
Is It Too Late To Consider Buying Watsco, Inc. (NYSE:WSO)?

Is Watsco, Inc. (NYSE:WSO) Expensive For A Reason? A Look At Its Intrinsic Value

Aug 21
Is Watsco, Inc. (NYSE:WSO) Expensive For A Reason? A Look At Its Intrinsic Value

Earnings Update: Here's Why Analysts Just Lifted Their Watsco, Inc. (NYSE:WSO) Price Target To US$447

Aug 01
Earnings Update: Here's Why Analysts Just Lifted Their Watsco, Inc. (NYSE:WSO) Price Target To US$447

Watsco: Overoptimistic Margin Expectations

Jul 07

Watsco (NYSE:WSO) Is Aiming To Keep Up Its Impressive Returns

May 30
Watsco (NYSE:WSO) Is Aiming To Keep Up Its Impressive Returns

Is Watsco, Inc. (NYSE:WSO) Potentially Undervalued?

Apr 22
Is Watsco, Inc. (NYSE:WSO) Potentially Undervalued?

Watsco's (NYSE:WSO) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 04
Watsco's (NYSE:WSO) Shareholders Will Receive A Bigger Dividend Than Last Year

A Look At The Intrinsic Value Of Watsco, Inc. (NYSE:WSO)

Mar 12
A Look At The Intrinsic Value Of Watsco, Inc. (NYSE:WSO)

Watsco: A Fantastic Dividend Compounder I Just Put On My Watchlist

Mar 07

Returns on Capital Paint A Bright Future For Watsco (NYSE:WSO)

Feb 16
Returns on Capital Paint A Bright Future For Watsco (NYSE:WSO)

Is Watsco (NYSE:WSO) Using Too Much Debt?

Feb 01
Is Watsco (NYSE:WSO) Using Too Much Debt?

Watsco: A Simple Thesis For A Great Company

Jan 16

Watsco, Inc.'s (NYSE:WSO) Price Is Out Of Tune With Earnings

Jan 04
Watsco, Inc.'s (NYSE:WSO) Price Is Out Of Tune With Earnings

Watsco: Staying Chill For Now

Nov 08

Watsco, Inc.: Strong Growth Driven By Supply Chain Disruption Is Diminishing

Oct 24

Watsco: Time To Cool Off

Sep 08

Watsco: Shares Have Run Their Course (Rating Downgrade)

Jun 29

Watsco Q4 2022 Earnings Preview

Feb 15

Watsco hikes quarterly dividend by 11% to $2.45

Jan 03

Watsco: Finally Worth Considering

Dec 07

Watsco Q3 2022 Earnings Preview

Oct 19

Watsco declares $2.20 dividend

Oct 03

Watsco: Still Not An Ideal Play

Sep 25

CEO Compensation Analysis

How has Albert Nahmad's remuneration changed compared to Watsco's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$486m

Jun 30 2024n/an/a

US$485m

Mar 31 2024n/an/a

US$477m

Dec 31 2023US$11mUS$600k

US$499m

Sep 30 2023n/an/a

US$551m

Jun 30 2023n/an/a

US$535m

Mar 31 2023n/an/a

US$549m

Dec 31 2022US$11mUS$600k

US$550m

Sep 30 2022n/an/a

US$493m

Jun 30 2022n/an/a

US$478m

Mar 31 2022n/an/a

US$434m

Dec 31 2021US$11mUS$300k

US$382m

Sep 30 2021n/an/a

US$352m

Jun 30 2021n/an/a

US$321m

Mar 31 2021n/an/a

US$270m

Dec 31 2020US$11mUS$375k

US$246m

Sep 30 2020n/an/a

US$239m

Jun 30 2020n/an/a

US$218m

Mar 31 2020n/an/a

US$220m

Dec 31 2019US$11mUS$580k

US$226m

Sep 30 2019n/an/a

US$228m

Jun 30 2019n/an/a

US$224m

Mar 31 2019n/an/a

US$224m

Dec 31 2018US$7mUS$658k

US$223m

Compensation vs Market: Albert's total compensation ($USD11.06M) is about average for companies of similar size in the US market ($USD12.86M).

Compensation vs Earnings: Albert's compensation has been consistent with company performance over the past year.

CEO

Albert Nahmad (83 yo)

52yrs

Tenure

US$11,058,336

Compensation

Mr. Albert H. Nahmad has been the Chief Executive Officer of Watsco, Inc. since December 1972. Mr. Nahmad is a General Partner of Alna Capital Associates. Mr. Nahmad served as President of Watsco, Inc. fro...

Leadership Team

NamePositionTenureCompensationOwnership
Albert Nahmad
Chairman & CEO52yrsUS$11.06m11.19%
$ 2.0b
Aaron Nahmad
Co-Vice Chairman & President13.1yrsUS$13.11m0.91%
$ 164.9m
Ana Menendez
CFO & Treasurer26.9yrsUS$358.25k0.31%
$ 55.8m
Barry Logan
Executive VP of Planning & Strategy27.9yrsUS$449.52k0.38%
$ 70.0m
Steven Rupp
Chief Technology Officer13.3yrsno datano data
Rick Gomez
Vice President of Corporate Developmentno datano datano data
Paul Johnston
Executive Vice President10.8yrsUS$872.05kno data

20.1yrs

Average Tenure

61yo

Average Age

Experienced Management: WSO's management team is seasoned and experienced (20.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Albert Nahmad
Chairman & CEO52yrsUS$11.06m11.19%
$ 2.0b
Aaron Nahmad
Co-Vice Chairman & President13.1yrsUS$13.11m0.91%
$ 164.9m
Barry Logan
Executive VP of Planning & Strategyless than a yearUS$449.52k0.38%
$ 70.0m
Cesar Alvarez
Independent Co-Vice Chairman of the Board7.5yrsno data0.0066%
$ 1.2m
Gary Tapella
Member of Advisory Board2.8yrsUS$4.00kno data
Bob Moss
Member of Advisory Board1.5yrsno datano data
Alan Potamkin
Member of the Advisory Board2.1yrsno datano data
Brian Keeley
Member of Advisory Board2.7yrsno datano data
Denise Dickins
Independent Director17.9yrsUS$50.00k0.051%
$ 9.3m
John MacDonald
Member of Advisory Boardless than a yearno data0.0053%
$ 966.8k
Steven Rubin
Member of Advisory Boardless than a yearno datano data
J. Custer
Lead Independent Director6yrsUS$166.59k0.015%
$ 2.8m

2.8yrs

Average Tenure

67yo

Average Age

Experienced Board: WSO's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 23:11
End of Day Share Price 2024/12/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Watsco, Inc. is covered by 30 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David MantheyBaird
Scott DavisBarclays
Robert BarryBuckingham Research Group Inc.