Watsco Inc Ordinary Shares
WSO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|!! | LOCK|wq>C | LOCK|SJYn>P> |
Watsco Earnings: 2024 Was Another Record-Setting Year, but We Still See Shares as Overvalued
Watsco's fourth-quarter revenue surged 9% year over year to a record $1.75 billion and operating margin expanded 110 basis points to 7.8%. The heating, ventilation, and air-conditioning industry's shift to higher-price products using a new refrigerant should support continued growth in 2025.
