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
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%