Morningstar
•
Oct 07, 2026
Watsco, Inc.: Watsco Earnings: Residential HVAC Disappoints
Summary
Watsco is the largest HVAC and refrigeration products distributor in North America with approximately 13% market share. The company primarily operates in the United States (90% of revenue) with significant exposure in the Sunbelt states. Watsco also has operations in Canada,
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