Watsco Inc.
Company Overview
Watsco, Inc. is the largest distributor of air conditioning, heating and refrigeration equipment and related parts and supplies (HVAC/R) in North America. The company operates through a network of locations across the United States, Canada, Mexico and Puerto Rico, serving over 120,000 contractor customers through more than 675 locations.
The company's primary business involves distributing HVAC/R equipment manufactured by companies like Carrier, Rheem, Lennox, and others, along with parts and supplies needed for installation and maintenance. Their business model is focused on distribution rather than manufacturing, making them a crucial link in the HVAC/R supply chain.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $2.16b | $1.91b | - | $-6773000.0 | 0.00% | 0.35% |
| June 30, 2024 | $2.14b | $1.87b | - | $-4913000.0 | 0.00% | 0.26% |
| March 31, 2024 | $1.56b | $1.44b | - | $-2470000.0 | 0.00% | 0.17% |
Company Impact
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