OneWater Marine (ONEW) Gross Margin (2018 - 2026)
OneWater Marine (ONEW) posted Gross Margin of 23.86% for Q1 2026, up 1.57% sequentially from 23.49% in Q4 2025, and up 102.0% YoY from 11.81% in Q1 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.
- Quarterly Gross Margin rose 102.0% year-over-year to 23.86% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.29% (down 19.0% YoY) and the FY2025 annual result came in at 22.81%, down 174.0% from the prior year.
- Gross Margin rose to 23.86% in Q1 2026 per ONEW's latest filing, from 23.49% in the prior quarter.
- The five-year high for Gross Margin was 32.33% in Q2 2022, with the low at 22.37% in Q4 2024.
- Average Gross Margin over 5 years is 26.12%, with a median of 24.65% recorded in 2024.
- Year-over-year, Gross Margin surged 530 bps in 2022 and plunged 551 bps in 2023.
- OneWater Marine's Gross Margin stood at 30.0% in 2022, then declined by 16 bps to 25.12% in 2023, then decreased by 11 bps to 22.37% in 2024, then advanced by 5 bps to 23.49% in 2025, then rose 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | NaaS Technology | 29.20 Bn | 29.20 Bn | - | - |
| 2 | Caseys General Stores | 28.94 Bn | 28.48 Bn | 1.08 Bn | 23.63% |
| 3 | Williams Sonoma | 27.71 Bn | 26.69 Bn | 1.10 Bn | 46.87% |
| 4 | Dick'S Sporting Goods | 19.10 Bn | 17.75 Bn | 1.77 Bn | 28.43% |
| 5 | Tractor Supply | 16.98 Bn | 16.76 Bn | 1.30 Bn | 36.22% |
| 6 | Best Buy | 16.25 Bn | 14.50 Bn | 2.10 Bn | 23.52% |
| 7 | Murphy USA | 10.35 Bn | 10.23 Bn | 3.98 Bn | 82.59% |
| 8 | Five Below | 10.07 Bn | 9.13 Bn | 696.98 Mn | 40.32% |
| 9 | Winmark | 8.93 Bn | 8.93 Bn | 20.23 Mn | 97.03% |
| 10 | OneWater Marine | 183.42 Mn | 140.64 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% |