Watsco (WSO-B) Gross Margin (2009 - 2026)
Watsco's Gross Margin came in at 27.50% for Q2 2026, down 1.76 percentage points from 29.26% a year earlier and down 0.39 percentage points from the prior quarter.
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Analysis
Watsco (WSO-B) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Watsco reported Gross Margin of 27.51%, down 0.03 percentage points year-over-year; for FY2025, it came in at 28.05%, up 1.21 percentage points from FY2024.
- Gross Margin carries a five-year change of +3.86 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 26.84% in FY2024 (-0.51 pp), 27.35% in FY2023 (-0.56 pp), 27.91% in FY2022 (+1.36 pp) and 26.55% in FY2021 (+2.36 pp).
- The five-year range for quarterly Gross Margin is 25.85% (Q4 2023) to 29.56% (Q1 2022).
- Year-over-year, Gross Margin increased in five of the last eight quarters, with an average year-over-year change of +0.37 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q1 2022 (a gain of 3.61 percentage points), and the weakest in Q2 2026 (a drop of 1.76 percentage points).
- Business Quant data shows WSO-B's Gross Margin at 27.89% (Q1 2026), 27.14% (Q4 2025) and 27.52% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.50% |
| Mar 31, 2026 | 27.89% |
| Dec 31, 2025 | 27.14% |
| Sep 30, 2025 | 27.52% |
| Jun 30, 2025 | 29.26% |
| Mar 31, 2025 | 28.06% |
| Dec 31, 2024 | 26.69% |
| Sep 30, 2024 | 26.21% |
| Jun 30, 2024 | 27.10% |
| Mar 31, 2024 | 27.52% |
| Dec 31, 2023 | 25.85% |
| Sep 30, 2023 | 26.66% |
| Jun 30, 2023 | 28.09% |
| Mar 31, 2023 | 28.90% |
| Dec 31, 2022 | 27.42% |
| Sep 30, 2022 | 27.06% |
| Jun 30, 2022 | 27.91% |
| Mar 31, 2022 | 29.56% |
| Dec 31, 2021 | 27.26% |
| Sep 30, 2021 | 27.08% |
API Access
Watsco Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=WSO-B&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "WSO-B", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=WSO-B&period=max&api_key=YOUR_API_KEY");
const data = await res.json();