OneWater Marine (ONEW) Gross Margin (2018 - 2026)
OneWater Marine (ONEW) posted quarterly Gross Margin of 24.02% for Q2 2026, up 75.0% year-over-year from 13.73% in Q2 2025, and up 0.67% on a QoQ basis from 23.86% in Q1 2026.
OneWater Marine (ONEW) Gross Margin (2018 - 2026) Analysis & Trends
OneWater Marine has reported Gross Margin for 9 years, with the latest figure at 24.02% in Q2 2026.
- Gross Margin for Q2 2026 came in at 24.02%, up 75.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 23.5% (up 39.0% YoY), and the FY2025 annual result was 22.81%, down 174.0% from the prior year.
- Gross Margin improved to 24.02% in Q2 2026, from 23.86% in the prior quarter.
- Over five years, Gross Margin peaked at 32.33% in Q2 2022 and troughed at 22.37% in Q4 2024.
- A 5-year average of 26.01% and a median of 24.55% in 2024 frame the typical range for Gross Margin.
- The widest annual swing landed in 2022, when Gross Margin jumped 530 bps; it then slumped 551 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 30.0% in 2022, then dropped by 16 bps to 25.12% in 2023, then retreated by 11 bps to 22.37% in 2024, then gained by 5 bps to 23.49% in 2025, then climbed by 2 bps to 24.02% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 24.02% in Q2 2026, 23.86% in Q1 2026, and 23.49% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.59 Bn | 30.06 Bn | 1.08 Bn | 23.63% |
| 2 | Williams Sonoma | 28.80 Bn | 27.78 Bn | 1.10 Bn | 46.87% |
| 3 | Ulta Beauty | 23.08 Bn | 22.86 Bn | 1.27 Bn | 40.07% |
| 4 | Best Buy | 18.50 Bn | 16.75 Bn | 2.10 Bn | 23.52% |
| 5 | Tractor Supply | 18.42 Bn | 18.19 Bn | 1.68 Bn | 37.05% |
| 6 | Dick'S Sporting Goods | 16.10 Bn | 15.11 Bn | 1.68 Bn | 32.59% |
| 7 | Five Below | 13.52 Bn | 12.41 Bn | 478.64 Mn | 37.23% |
| 8 | Murphy USA | 10.43 Bn | 10.25 Bn | 746.50 Mn | 10.97% |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 45.67% |
| 10 | OneWater Marine | 192.60 Mn | 151.40 Mn | 127.48 Mn | 24.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.02% |
| Mar 31, 2026 | 23.86% |
| Dec 31, 2025 | 23.49% |
| Sep 30, 2025 | 22.58% |
| Jun 30, 2025 | 23.27% |
| Mar 31, 2025 | 22.83% |
| Dec 31, 2024 | 22.37% |
| Sep 30, 2024 | 23.99% |
| Jun 30, 2024 | 24.45% |
| Mar 31, 2024 | 24.65% |
| Dec 31, 2023 | 25.12% |
| Sep 30, 2023 | 26.39% |
| Jun 30, 2023 | 26.83% |
| Mar 31, 2023 | 27.98% |
| Dec 31, 2022 | 30.00% |
| Sep 30, 2022 | 31.75% |
| Jun 30, 2022 | 32.33% |
| Mar 31, 2022 | 32.24% |
| Dec 31, 2021 | 30.02% |
| Sep 30, 2021 | 31.85% |