Watsco stock reports 2.1 percent revenue growth in Q2

Published on 09/24/2026 at 00:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Watsco stock delivered quarterly EPS of USD 4.00 in Q2 2026, below USD 4.41 consensus. A USD 505.0 million acquisition expands its plumbing and HVAC distribution footprint.

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Watsco stock (ISIN US9426222009) stood at USD 325.37 on the NYSE on September 23, 2026, while the company reported Q2 2026 revenue of USD 2.10 billion, up 2.1 percent year over year. The latest figures show modest sales growth alongside a sharper earnings gap.

Revenue grows as earnings lag

According to Yahoo Finance, Watsco's Q2 revenue rose 2.1 percent from the year-earlier period to USD 2.10 billion. The result fell 1.9 percent short of analyst expectations, making the comparison more important than the headline growth rate.

Quarterly EPS came in at USD 4.00, compared with USD 4.52 in the year-earlier quarter and a USD 4.41 consensus estimate, according to MarketBeat. That puts the earnings decline at 11.5 percent year over year and the consensus miss at USD 0.41 per share.

Granite deal adds scale

Watsco agreed on September 14, 2026, to acquire The Granite Group for an aggregate purchase price of USD 505.0 million. The transaction adds a distributor of plumbing and HVAC products across seven Northeastern states, as GlobeNewswire reported.

The acquisition gives Watsco a second growth lever beside organic HVAC demand. The contrast is clear: Q2 revenue increased 2.1 percent, while the purchase price represents a sizeable expansion of the distribution platform and adds plumbing exposure to the product mix.

Stock remains below yearly high

At USD 325.37 on September 23, 2026, Watsco stock was USD 133.63 below its 52-week high of USD 459.00 and USD 29.62 above its 52-week low of USD 295.75. Its market capitalization stood at USD 13,401,430,338 on the same date.

For investors, the central tension is numerical: the company is still growing sales, but Q2 EPS fell from USD 4.52 to USD 4.00. The Granite transaction now places capital deployment beside margin recovery as the key measure for the next reported period.

Watsco stock and valuation

Watsco stock was quoted at USD 325.37 on the NYSE on September 23, 2026. The price was 0.06 percent below the prior session's USD 325.58, a small daily move that leaves the Q2 earnings comparison and the USD 505.0 million deal as the stronger company-specific reference points.