Watsco Inc Ordinary Shares

WSO: XNYS (USA)

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HVAC Industry Transition to New Refrigerant Should Boost Watsco's Top-Line Growth in 2025

Brian Bernard

Feb 19, 2025

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.

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Watsco Inc Ordinary Shares

HVAC Industry Transition to New Refrigerant Should Boost Watsco's Top-Line Growth in 2025

Business Strategy and Outlook

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