OneWater Marine (ONEW) Gross Margin (2018 - 2026)

OneWater Marine's (ONEW) quarterly Gross Margin came in at 23.86% in Q1 2026, up 102.0% year-on-year from 11.81% in Q1 2025, and up 1.57% quarter-over-quarter from 23.49% in Q4 2025.

OneWater Marine (ONEW) Gross Margin (2018 - 2026) Analysis & Trends

OneWater Marine has disclosed Gross Margin across 9 years of filings, most recently posting 23.86% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 23.86%, up 102.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.29% (down 19.0% YoY), and the FY2025 annual result was 22.81%, down 174.0% from the prior year.
  • Gross Margin came in at 23.86% for Q1 2026 at OneWater Marine, up 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.
  • The 5-year median for Gross Margin is 24.65% (2024), against an average of 26.12%.
  • Across the five-year window, Gross Margin jumped 530 bps in 2022 and slumped 551 bps in 2023, its largest moves.
  • OneWater Marine's Gross Margin stood at 30.0% in 2022, then decreased by 16 bps to 25.12% in 2023, then declined by 11 bps to 22.37% in 2024, then increased by 5 bps to 23.49% in 2025, then climbed by 2 bps to 23.86% in 2026.
  • The last three Gross Margin figures came in at 23.86% (Q1 2026), 23.49% (Q4 2025), and 22.58% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn 25.70%
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 46.87%
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 38.06%
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 28.43%
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 36.22%
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 23.52%
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 40.32%
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 82.59%
10 OneWater Marine 176.18 Mn 133.41 Mn 105.53 Mn 23.86%

Historic Data

Download Data
DateValue
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%