---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-112095"
form_type: "8-K"
ticker: "WSO"
cik: "0000105016"
company_name: "WATSCO INC"
filed_at: "2022-04-21T23:59:59+00:00"
generated_at: "2026-06-26T05:34:27.464988+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Watsco Q1 EPS jumps 109% to $2.90; record sales $1.52B and dividend raised 13%

## Summary
- EPS $2.90 (up 109%), revenue $1.52B (+34%), both records; operating income $171M (11.2% margin, +400 bps).
- Same-store sales +25%, HVAC equipment +26%; gross margin +370 bps to record $450M.
- Annual dividend raised 13% to $8.80, payable April 29, 2022.
- Technology spending increased $10M to $46M; e-commerce sales surpassed $2B trailing twelve months.
- Unit sales up 8%, average selling prices up 18% reflecting inflation pass-through.

## SEC filing metadata
- accession: 0001193125-22-112095
- form_type: 8-K
- ticker: WSO
- cik: 0000105016
- company_name: WATSCO INC
- filed_at: 2022-04-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105016/000119312522112095/0001193125-22-112095-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105016/000119312522112095/d326472d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-112095
- JSON: https://secwatch.observer/filing/0001193125-22-112095.json
- Plain text: https://secwatch.observer/filing/0001193125-22-112095.txt

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