Riding the HVAC Industry tailwinds: An Investment Analysis of Watsco Inc
Our deep dive on Watsco Inc. is out.
Watsco is the leading distributor of air conditioning, heating and refrigeration equipment, related parts and supplies in North and Latin America having a market share of 15%-18%, that is 2x larger than its next competitor.
Needless to say, Watsco share, returned an annualised return of 18% to its shareholders for the past 30 years.
The company stands to benefit from regulation catalysts.