Risk factors
Watsco (WSO) risk factors
Item 1A of every Watsco Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors10 risks1 dropped1 reworded
Supplier concentration remains high with Carrier and Rheem accounting for 70% of purchases in 2025. Rheem supply details were expanded to include Friedrich and AireVantage products.
Filed Feb 27, 2026 - FY2024 10-K risk factors11 risks
Watsco relies heavily on Carrier for 62 percent of its HVAC product purchases. Distribution agreements with major suppliers lack stated expiration dates. Insider ownership is concentrated in Class B common stock.
Filed Feb 28, 2025