---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-258924"
form_type: "8-K"
ticker: "WSO"
cik: "0000105016"
company_name: "WATSCO INC"
filed_at: "2023-10-19T23:59:59+00:00"
generated_at: "2026-06-09T19:36:34.342824+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Watsco posts record Q3 sales $2.13B, EPS $4.35; operating margin record 12.1%

## Summary
- Q3 revenue $2.13B (+4% YoY); operating income $257M (+9%); EPS $4.35 (+8%); all-time records.
- Nine-month sales $5.68B (flat YoY); EPS $11.60 vs $11.86; operating margin 12.1%.
- Acquired Gateway Supply Company ($180M annual sales, 15 locations in SC/NC) to expand plumbing/HVAC network.
- SG&A as % of sales down 80 bps to improve operating efficiency; technology users up 19% to 54,000.
- Dividend increased to $9.80 annualized since Jan 2021; balance sheet: $175M cash, $106M debt, $2.7B equity.

## SEC filing metadata
- accession: 0001193125-23-258924
- form_type: 8-K
- ticker: WSO
- cik: 0000105016
- company_name: WATSCO INC
- filed_at: 2023-10-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105016/000119312523258924/0001193125-23-258924-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105016/000119312523258924/d555934d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-258924
- JSON: https://secwatch.observer/filing/0001193125-23-258924.json
- Plain text: https://secwatch.observer/filing/0001193125-23-258924.txt

## Key facts
- Earnings Releases
  WATSCO INC reported financial results for quarter and nine months ended September 30, 2023.
  - Period: quarter and nine months ended September 30, 2023
  - Result: reported results
  source text: On October 19, 2023, Watsco, Inc., a Florida corporation (the “Company”), issued a press release reporting its financial results for the quarter and nine months ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/105016/000119312523258924/0001193125-23-258924-index.htm

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