Watsco, Inc.

NYSE:WSO Stock Report

Market Cap: US$20.0b

Watsco Management

Management criteria checks 3/4

Watsco's CEO is Albert Nahmad, appointed in Dec 1972, has a tenure of 51.92 years. total yearly compensation is $11.06M, comprised of 5.4% salary and 94.6% bonuses, including company stock and options. directly owns 11.19% of the company’s shares, worth $2.24B. The average tenure of the management team and the board of directors is 20 years and 2.7 years respectively.

Key information

Albert Nahmad

Chief executive officer

US$11.1m

Total compensation

CEO salary percentage5.4%
CEO tenure51.9yrs
CEO ownership11.2%
Management average tenure20yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

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

Why Watsco, Inc. (NYSE:WSO) Could Be Worth Watching

Dec 20
Why Watsco, Inc. (NYSE:WSO) Could Be Worth Watching

Estimating The Fair Value Of Watsco, Inc. (NYSE:WSO)

Nov 21
Estimating The Fair Value Of Watsco, Inc. (NYSE:WSO)

Watsco (NYSE:WSO) Might Become A Compounding Machine

Nov 08
Watsco (NYSE:WSO) Might Become A Compounding Machine

Watsco: Staying Chill For Now

Nov 08

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

Oct 24

Watsco (NYSE:WSO) Ticks All The Boxes When It Comes To Earnings Growth

Oct 11
Watsco (NYSE:WSO) Ticks All The Boxes When It Comes To Earnings Growth

At US$349, Is It Time To Put Watsco, Inc. (NYSE:WSO) On Your Watch List?

Sep 11
At US$349, Is It Time To Put Watsco, Inc. (NYSE:WSO) On Your Watch List?

Watsco: Time To Cool Off

Sep 08

Is Watsco, Inc. (NYSE:WSO) Worth US$355 Based On Its Intrinsic Value?

Aug 11
Is Watsco, Inc. (NYSE:WSO) Worth US$355 Based On Its Intrinsic Value?

Investors Should Be Encouraged By Watsco's (NYSE:WSO) Returns On Capital

Jul 27
Investors Should Be Encouraged By Watsco's (NYSE:WSO) Returns On Capital

Watsco (NYSE:WSO) Is Increasing Its Dividend To $2.45

Jul 12
Watsco (NYSE:WSO) Is Increasing Its Dividend To $2.45

Is Watsco (NYSE:WSO) A Risky Investment?

Jun 30
Is Watsco (NYSE:WSO) A Risky Investment?

Watsco: Shares Have Run Their Course (Rating Downgrade)

Jun 29

If EPS Growth Is Important To You, Watsco (NYSE:WSO) Presents An Opportunity

Jun 15
If EPS Growth Is Important To You, Watsco (NYSE:WSO) Presents An Opportunity

When Should You Buy Watsco, Inc. (NYSE:WSO)?

May 31
When Should You Buy Watsco, Inc. (NYSE:WSO)?

We Like Watsco's (NYSE:WSO) Returns And Here's How They're Trending

Apr 19
We Like Watsco's (NYSE:WSO) Returns And Here's How They're Trending

Watsco's (NYSE:WSO) Dividend Will Be Increased To $2.45

Apr 06
Watsco's (NYSE:WSO) Dividend Will Be Increased To $2.45

Watsco (NYSE:WSO) Has A Rock Solid Balance Sheet

Mar 28
Watsco (NYSE:WSO) Has A Rock Solid Balance Sheet

With EPS Growth And More, Watsco (NYSE:WSO) Makes An Interesting Case

Mar 12
With EPS Growth And More, Watsco (NYSE:WSO) Makes An Interesting Case

Estimating The Intrinsic Value Of Watsco, Inc. (NYSE:WSO)

Feb 26
Estimating The Intrinsic Value Of Watsco, Inc. (NYSE:WSO)

Watsco Q4 2022 Earnings Preview

Feb 15

Investors Shouldn't Overlook Watsco's (NYSE:WSO) Impressive Returns On Capital

Jan 15
Investors Shouldn't Overlook Watsco's (NYSE:WSO) Impressive Returns On Capital

Watsco hikes quarterly dividend by 11% to $2.45

Jan 03

Is Now The Time To Look At Buying Watsco, Inc. (NYSE:WSO)?

Jan 01
Is Now The Time To Look At Buying Watsco, Inc. (NYSE:WSO)?

Is Watsco (NYSE:WSO) A Risky Investment?

Dec 18
Is Watsco (NYSE:WSO) A Risky Investment?

Watsco: Finally Worth Considering

Dec 07

Does Watsco (NYSE:WSO) Deserve A Spot On Your Watchlist?

Dec 04
Does Watsco (NYSE:WSO) Deserve A Spot On Your Watchlist?

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

Nov 20
A Look At The Intrinsic Value Of Watsco, Inc. (NYSE:WSO)

Watsco Q3 2022 Earnings Preview

Oct 19

Watsco declares $2.20 dividend

Oct 03

What Does Watsco, Inc.'s (NYSE:WSO) Share Price Indicate?

Oct 02
What Does Watsco, Inc.'s (NYSE:WSO) Share Price Indicate?

Watsco: Still Not An Ideal Play

Sep 25

Watsco (NYSE:WSO) Is Very Good At Capital Allocation

Sep 18
Watsco (NYSE:WSO) Is Very Good At Capital Allocation

Is Watsco (NYSE:WSO) A Risky Investment?

Sep 04
Is Watsco (NYSE:WSO) A Risky Investment?

Does Watsco (NYSE:WSO) Deserve A Spot On Your Watchlist?

Aug 22
Does Watsco (NYSE:WSO) Deserve A Spot On Your Watchlist?

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

Sep 30 2018n/an/a

US$226m

Jun 30 2018n/an/a

US$213m

Mar 31 2018n/an/a

US$199m

Dec 31 2017US$8mUS$725k

US$191m

Compensation vs Market: Albert's total compensation ($USD11.06M) is about average for companies of similar size in the US market ($USD12.73M).

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

CEO

Albert Nahmad (83 yo)

51.9yrs

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 & CEO51.9yrsUS$11.06m11.19%
$ 2.2b
Aaron Nahmad
Co-Vice Chairman & President13yrsUS$13.11m0.91%
$ 181.2m
Ana Menendez
CFO & Treasurer26.8yrsUS$358.25k0.31%
$ 61.3m
Barry Logan
Executive VP of Planning & Strategy27.8yrsUS$449.52k0.60%
$ 120.9m
Steven Rupp
Chief Technology Officer13.3yrsno datano data
Paul Johnston
Executive Vice President10.7yrsUS$872.05kno data

20.0yrs

Average Tenure

61yo

Average Age

Experienced Management: WSO's management team is seasoned and experienced (20 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Albert Nahmad
Chairman & CEO51.9yrsUS$11.06m11.19%
$ 2.2b
Aaron Nahmad
Co-Vice Chairman & President13yrsUS$13.11m0.91%
$ 181.2m
Barry Logan
Executive VP of Planning & Strategyless than a yearUS$449.52k0.60%
$ 120.9m
Cesar Alvarez
Independent Co-Vice Chairman of the Board7.4yrsno data0.0066%
$ 1.3m
Gary Tapella
Member of Advisory Board2.8yrsUS$4.00kno data
Bob Moss
Member of Advisory Board1.4yrsno datano data
Alan Potamkin
Member of the Advisory Board2yrsno datano data
Brian Keeley
Member of Advisory Board2.6yrsno datano data
Denise Dickins
Independent Director17.8yrsUS$50.00k0.051%
$ 10.2m
John MacDonald
Member of Advisory Boardless than a yearno data0.0053%
$ 1.1m
Steven Rubin
Member of Advisory Boardless than a yearno datano data
J. Custer
Lead Independent Director5.9yrsUS$166.59k0.015%
$ 3.1m

2.7yrs

Average Tenure

67yo

Average Age

Experienced Board: WSO's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.