---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-302553"
form_type: "8-K"
ticker: "WSO"
cik: "0000105016"
company_name: "WATSCO INC"
filed_at: "2021-10-20T23:59:59+00:00"
generated_at: "2026-06-28T19:30:49.244642+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Watsco Q3 EPS $3.62 beats prior year by 31%; record sales $1.78B, up 16%

## Summary
- EPS $3.62 (up 31% YoY) on record sales $1.78B; nine-month EPS $8.75 (up 50%).
- Operating margin expanded 140 bps to record 11.6%; gross margin 27.1% (+280 bps).
- Q3 operating cash flow record $238M, up 113% YoY.
- Completed three acquisitions totaling $114M; opened 20 new stores in 2021.
- Added 450 employees; annual dividend raised 10% to $7.80/share (effective April 2021).

## SEC filing metadata
- accession: 0001193125-21-302553
- form_type: 8-K
- ticker: WSO
- cik: 0000105016
- company_name: WATSCO INC
- filed_at: 2021-10-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105016/000119312521302553/0001193125-21-302553-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105016/000119312521302553/d190629d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-302553
- JSON: https://secwatch.observer/filing/0001193125-21-302553.json
- Plain text: https://secwatch.observer/filing/0001193125-21-302553.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
