{"filings":[{"id":90897,"accession_number":"0001193125-26-191427","cik":105016,"company_name":"WATSCO INC","ticker":"WSO","form_type":"8-K","filed_at":"2026-04-29T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Watsco to acquire Jackson Supply's HVAC distribution business for $198M in stock","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Watsco to issue ~458,985 shares (~$198M) to acquire Jackson Supply's HVAC distribution business.","$25M of the consideration shares placed in escrow for up to 12 months for purchase price adjustments and indemnification.","Closing subject to regulatory approval and customary conditions; no specific date given.","Shares issued in reliance on Section 4(a)(2) exemption; seller represented as accredited investor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":15823320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":90896,"accession_number":"0001193125-26-183549","cik":105016,"company_name":"WATSCO INC","ticker":"WSO","form_type":"8-K","filed_at":"2026-04-28T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Watsco Q1 revenue flat at $1.53B, EPS down 3% to $1.87; acquires Jackson Supply ($230M sales)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue flat at $1.53B; EPS down 3% to $1.87; operating income down 2% to $110M.","Acquires Jackson Supply Company, Sunbelt HVAC distributor with $230M annual sales; expected close Q2 2026.","Annual cash dividend increased 10% to $13.20 per share; 52 consecutive years of dividends.","Cash used in operations improved to $19M from $178M YoY, a $159M improvement.","E-commerce sales grew 16% to $2.6B annualized; OnCallAir GMV up 20% to $394M in Q1."],"consensus_eps_estimate":null,"consensus_eps_actual":1.87,"consensus_revenue_estimate":null,"consensus_revenue_actual":1533010000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":15823320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100737,"accession_number":"0001193125-26-053048","cik":105016,"company_name":"WATSCO INC","ticker":"WSO","form_type":"8-K","filed_at":"2026-02-17T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Watsco FY2025 revenue falls 5% to $7.24B; Q4 revenue down 10%; EPS $12.25; dividend raised 10% to $13.20","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY2025 revenue $7.24B (-5% YoY); gross margin record 28.0% (+120 bps); operating income $720M (-8%); EPS $12.25 vs $13.30","Q4 revenue $1.58B (-10%); gross margin 27.1% (+40 bps); operating income $102M (-25%); EPS $1.68 vs $2.37","Annual dividend increased 10% to $13.20 per share; 52nd consecutive year of dividends","Operating cash flow $570M for year, record $400M in Q4; inventory reduced 30% from peak to $1.4B","Balance sheet: $780M cash, no debt; e-commerce $2.5B (35% of sales); 73,000 digital users"],"consensus_eps_estimate":null,"consensus_eps_actual":12.25,"consensus_revenue_estimate":null,"consensus_revenue_actual":7239290000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":15823320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117035,"accession_number":"0001193125-25-254667","cik":105016,"company_name":"WATSCO INC","ticker":"WSO","form_type":"8-K","filed_at":"2025-10-29T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Watsco files Q3 2025 earnings 8-K; financial details not in filing text","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Press release with Q3 2025 results is not included in this filing text.","Watsco trades as WSO and WSOB on the NYSE.","No specific revenue, EPS, or guidance figures are available from the filing body."],"consensus_eps_estimate":null,"consensus_eps_actual":10.48,"consensus_revenue_estimate":null,"consensus_revenue_actual":5660533000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":15823320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133471,"accession_number":"0001193125-25-168635","cik":105016,"company_name":"WATSCO INC","ticker":"WSO","form_type":"8-K","filed_at":"2025-07-30T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Watsco Reports Q2 2025 Results: Record Gross Margins and Operating Margin Expansion Despite Revenue Decline","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue decreased 4% to $2.06 billion, but gross profit rose 4% to a record $603 million with 220 bps margin expansion to 29.3%.","EPS was $4.52 vs $4.49 prior year; operating income up 1% to $272 million; operating margin expanded 60 bps to 13.2%.","A2L product transition drove double-digit pricing, offset by lower unit volumes; new A2L equipment sales mix reached 60% in Q2.","Watsco raised annual dividend 11% to $12.00 per share in April 2025, marking 51st consecutive year of dividends.","Company had $293M cash, no debt, $3B equity; invested over $250M in technology in last five years; 70,000+ users on HVAC Pro+ Mobile Apps."],"consensus_eps_estimate":null,"consensus_eps_actual":6.5,"consensus_revenue_estimate":null,"consensus_revenue_actual":3593528000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":15823320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150153,"accession_number":"0001193125-25-135304","cik":105016,"company_name":"WATSCO INC","ticker":"WSO","form_type":"8-K","filed_at":"2025-06-05T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Watsco shareholders elect three directors, approve say-on-pay and auditor ratification at 2025 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Gary L. Tapella re-elected as Common director with 28,752,763 votes for (96.6%); 1,012,595 against.","J. Michael Custer and Valerie F. Schimel re-elected as Class B directors with over 52.4M votes for each.","Advisory say-on-pay approved: 77,563,325 for vs. 4,734,051 against; broker non-votes of 1,731,964.","Ratification of Deloitte & Touche as 2025 auditor passed with 85,042,552 votes for, only 41,086 against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":15823320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150152,"accession_number":"0001193125-25-090030","cik":105016,"company_name":"WATSCO INC","ticker":"WSO","form_type":"8-K","filed_at":"2025-04-23T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Watsco Q1 revenue down 2% to $1.53B, EPS $1.93 vs $2.17; core U.S. replacement sales up 10%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Gross profit flat at $430M; margin improved 60 bps to 28.1%; operating income $112M (7.3% margin).","A2L refrigerant transition affects ~55% of sales; nearly $1B inventory conversion underway in 2025.","Dividend raised 11% to $12.00 per share; 51st consecutive year; cash $432M, no debt.","Operating cash flow use of $178M reflecting A2L inventory build and vendor payment timing.","Two new acquisitions in 2025; long-term strategy targets fragmented $74B HVAC/R distribution market."],"consensus_eps_estimate":null,"consensus_eps_actual":1.93,"consensus_revenue_estimate":null,"consensus_revenue_actual":1531086000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":15823320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169152,"accession_number":"0001193125-25-028152","cik":105016,"company_name":"WATSCO INC","ticker":"WSO","form_type":"8-K","filed_at":"2025-02-18T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Watsco reports record Q4 sales $1.75B, EPS $2.37; raises dividend 11% to $12.00","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue rose 9% to a record $1.75B; gross margin expanded 90bp to 26.7%.","Q4 operating income up 26% to $136M; EPS of $2.37 vs $2.06 last year (+15%).","Record Q4 operating cash flow of $379M; full-year operating cash flow $773M (+38%).","Annual dividend increased 11% to $12.00 per share, effective April 2025; 51st consecutive year.","Full-year sales $7.62B (+5%); EPS $13.30 vs $13.67; digital sales rose 8% to $2.6B."],"consensus_eps_estimate":null,"consensus_eps_actual":13.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":7618317000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":15823320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186210,"accession_number":"0001193125-24-259823","cik":105016,"company_name":"WATSCO INC","ticker":"WSO","form_type":"8-K","filed_at":"2024-11-15T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Watsco CEO Albert Nahmad's 2024 performance stock award cap doubled to $20M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Base salary unchanged at $600k for 2024; personal airplane use up to 90 hours.","Award formula based on EPS growth (higher rate above 5%) and stock price target ($428.47 or $514.16).","Award vests cliff on Oct 15, 2032; accelerated vesting for death, disability, or change in control.","Amendment approved Aug 13, 2024, effective Jan 1, 2024; prior cap was $10M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":15823320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186209,"accession_number":"0001193125-24-241444","cik":105016,"company_name":"WATSCO INC","ticker":"WSO","form_type":"8-K","filed_at":"2024-10-23T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Watsco posts record Q3 sales of $2.16B; EPS $4.22 flat YoY, operating cash flow up 50%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 sales record $2.16B (+2% YoY), operating income $250M (-2%), EPS $4.22 (-3%).","Nine-month sales $5.9B (+3%), EPS $10.92 vs $11.60, operating cash flow record $394M (+50%).","Residential HVAC unit sales stabilized; October trends show mid-single digit sales growth.","Annual dividend raised 10% to $10.80 per share effective April 2024.","Regulatory shift to A2L systems expected to impact ~60% of sales in 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":10.92,"consensus_revenue_estimate":null,"consensus_revenue_actual":5864355000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":15823320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202841,"accession_number":"0001193125-24-188253","cik":105016,"company_name":"WATSCO INC","ticker":"WSO","form_type":"8-K","filed_at":"2024-07-30T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Watsco Q2 record revenue $2.1B, EPS $4.49; cash flow improves $100M; dividend raised 10%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Record Q2 revenue $2.1B (+7% YoY); EPS $4.49 vs $4.42; operating margin 12.6%.","Operating cash flow improved by $100M to $58M (from -$42M use in 2023).","E-commerce sales grew 13%, accounting for 36% of total sales; 60K authenticated mobile users.","Dividend rate increased 10% to $10.80 per share, marking 50 consecutive years of payments.","Balance sheet: $425M cash and short-term investments; no borrowings on $600M credit facility."],"consensus_eps_estimate":null,"consensus_eps_actual":6.69,"consensus_revenue_estimate":null,"consensus_revenue_actual":3704319000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":15823320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219030,"accession_number":"0001193125-24-156097","cik":105016,"company_name":"WATSCO INC","ticker":"WSO","form_type":"8-K","filed_at":"2024-06-06T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Watsco reports 2024 Annual Meeting results; all proposals approved by shareholders","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Common shareholders re-elected Barry S. Logan as director with 21.85M votes for, 7.94M against.","Class B shareholders re-elected Aaron J. Nahmad and Albert H. Nahmad as directors with over 51M votes for each.","Advisory say-on-pay resolution passed with 65.6M for and 15.4M against (81% support).","Ratification of Deloitte & Touche as auditor for fiscal 2024 approved with 84.6M votes for."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":15823320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219029,"accession_number":"0001193125-24-108455","cik":105016,"company_name":"WATSCO INC","ticker":"WSO","form_type":"8-K","filed_at":"2024-04-24T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Watsco reports record Q1 sales of $1.56B, record cash flow, and 10% dividend increase","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenues increased 1% to a record $1.56 billion, with HVAC equipment down 1% and commercial refrigeration up 2%.","Record first-quarter operating cash flow of $104 million; cash and investments totaled $479 million with no debt.","Board approved a 10% increase in annual dividend to $10.80 per share, effective April 2024.","Earnings per share were $2.17 versus $2.83 in the prior-year quarter; equity raised $282 million via ATM offering.","Authenticated e-commerce users grew 6% to over 57,000; OnCallAir GMV rose 22% to $269 million."],"consensus_eps_estimate":null,"consensus_eps_actual":2.17,"consensus_revenue_estimate":null,"consensus_revenue_actual":1564991000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":15823320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}