Williams Sonoma (WSM) Operating Margin (2009 - 2026)
Williams Sonoma's (WSM) quarterly Operating Margin came in at 20.27% in Q1 2026, down 126.0% YoY from 77.96% in Q1 2025, and up 19.59% on a QoQ basis from 16.95% in Q4 2025.
Williams Sonoma (WSM) Operating Margin (2009 - 2026) Analysis & Trends
Williams Sonoma (WSM) has 18 years of Operating Margin data on file, last reported at 20.27% in Q1 2026.
- Quarterly Operating Margin fell 126.0% year-over-year to 20.27% in Q1 2026, while the trailing twelve-month figure through Feb 2026 was 18.13% (down 41.0% YoY) and the FY2026 annual result came in at 18.13%, down 41.0% from the prior year.
- Operating Margin grew to 20.27% in Q1 2026, from 16.95% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 21.53% in Q1 2025 to a low of 11.36% in Q2 2023.
- A 5-year average of 17.52% and a median of 17.1% in 2022 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2023 — Operating Margin slumped 574 bps — and 2024, when it surged 774 bps.
- Tracing WSM's Operating Margin over 5 years: stood at 15.49% in 2022, then advanced by 10 bps to 17.0% in 2023, then fell by 0 bps to 16.94% in 2024, then rose by 0 bps to 16.95% in 2025, then rose by 20 bps to 20.27% in 2026.
- The last three Operating Margin figures came in at 20.27% (Q1 2026), 16.95% (Q4 2025), and 17.86% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 7.66% |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 20.27% |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 14.17% |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 10.29% |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 4.14% |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 8.73% |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 12.00% |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 4.48% |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 21.99% |
| 10 | MINISO Group Holding | 3.42 Bn | 2.45 Bn | 414.86 Mn | 14.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 1, 2026 | 20.27% |
| Nov 2, 2025 | 16.95% |
| Aug 3, 2025 | 17.86% |
| May 4, 2025 | 16.80% |
| Feb 2, 2025 | 21.53% |
| Oct 27, 2024 | 16.94% |
| Jul 28, 2024 | 15.54% |
| Apr 28, 2024 | 19.10% |
| Jan 28, 2024 | 20.10% |
| Oct 29, 2023 | 17.00% |
| Jul 30, 2023 | 14.58% |
| Apr 30, 2023 | 11.36% |
| Jan 29, 2023 | 19.15% |
| Oct 30, 2022 | 15.49% |
| Jul 31, 2022 | 17.10% |
| May 1, 2022 | 17.10% |
| Jan 30, 2022 | 20.97% |
| Oct 31, 2021 | 16.13% |
| Aug 1, 2021 | 16.58% |
| May 2, 2021 | 15.73% |