OneWater Marine (ONEW) Gross Margin (2018 - 2026)
OneWater Marine (ONEW) reported Gross Margin of 23.86% for Q1 2026, up 102.0% on a YoY basis from 11.81% in Q1 2025, and up 1.57% sequentially from 23.49% in Q4 2025.
OneWater Marine (ONEW) Gross Margin (2018 - 2026) Analysis & Trends
OneWater Marine (ONEW) has 9 years of Gross Margin data on file, last reported at 23.86% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 102.0% year-over-year to 23.86%; the trailing twelve-month figure through Mar 2026 stood at 23.29% (down 19.0% YoY), and the FY2025 full-year result was 22.81%, down 174.0% from the prior year.
- Gross Margin rose to 23.86% in Q1 2026, from 23.49% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 32.33% in Q2 2022 to a low of 22.37% in Q4 2024.
- A 5-year average of 26.12% and a median of 24.65% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 530 bps in 2022 and plunged 551 bps in 2023, its largest moves.
- Tracing ONEW's Gross Margin over 5 years: stood at 30.0% in 2022, then retreated by 16 bps to 25.12% in 2023, then dropped by 11 bps to 22.37% in 2024, then grew by 5 bps to 23.49% in 2025, then advanced by 2 bps to 23.86% in 2026.
- Business Quant data shows ONEW's Gross Margin at 23.86% in Q1 2026, 23.49% in Q4 2025, and 22.58% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.31 Bn | 31.79 Bn | 1.08 Bn | 23.63% |
| 2 | NaaS Technology | 31.73 Bn | 31.73 Bn | - | - |
| 3 | Williams Sonoma | 28.06 Bn | 27.04 Bn | 1.10 Bn | 46.87% |
| 4 | Ulta Beauty | 22.96 Bn | 22.46 Bn | 1.48 Bn | 38.06% |
| 5 | Best Buy | 18.17 Bn | 16.42 Bn | 2.10 Bn | 23.52% |
| 6 | Dick'S Sporting Goods | 16.45 Bn | 15.10 Bn | 1.77 Bn | 28.43% |
| 7 | Tractor Supply | 15.91 Bn | 15.69 Bn | 1.30 Bn | 36.22% |
| 8 | MINISO Group Holding | 15.82 Bn | 14.75 Bn | 414.86 Mn | 46.39% |
| 9 | Five Below | 11.79 Bn | 10.86 Bn | 696.98 Mn | 40.32% |
| 10 | OneWater Marine | 205.02 Mn | 162.24 Mn | 105.53 Mn | 23.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 31.41% |