Watsco (WSO) EBIT Margin (2009 - 2026)
Watsco (WSO) recorded EBIT Margin of 11.32% in Q2 2026, down 1.86 percentage points from 13.18% a year earlier but up 4.14 percentage points from the prior quarter.
Powered by 
Analysis
Watsco (WSO) EBIT Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Watsco's EBIT Margin came in at 9.40% as of Jun 30, 2026, down 0.86 percentage points year-over-year; for FY2025, it was 9.95%, down 0.31 percentage points from FY2024.
- Annual EBIT Margin has declined for three straight years, though with a five-year change of +2.02 percentage points (FY2020 to FY2025).
- Across earlier years, EBIT Margin came in at 10.26% in FY2024 (-0.65 pp), 10.91% in FY2023 (-0.52 pp), 11.43% in FY2022 (+1.42 pp) and 10.01% in FY2021 (+2.07 pp).
- Quarterly EBIT Margin has ranged from 6.43% in Q4 2025 to 13.46% in Q2 2022 over the past five years.
- On a year-over-year basis, EBIT Margin has declined for four consecutive quarters, with an average year-over-year change of -0.39 percentage points over the last eight quarters.
- Peak year-over-year performance for EBIT Margin in the last five years was a gain of 4.02 percentage points in Q1 2022, against a drop of 2.54 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 7.19% (Q1 2026), 6.43% (Q4 2025) and 11.36% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 72.91 Bn | 72.03 Bn | 2.05 Bn | 28.80% |
| 2 | W.W. Grainger | 64.80 Bn | 62.40 Bn | 1.98 Bn | 16.07% |
| 3 | Fastenal | 59.89 Bn | 58.89 Bn | 1.10 Bn | 21.55% |
| 4 | Ferguson Enterprises | 46.83 Bn | 44.05 Bn | 2.32 Bn | 8.19% |
| 5 | Sunbelt Rentals Holdings | 33.98 Bn | 33.85 Bn | 1.25 Bn | 22.18% |
| 6 | Reliance | 22.88 Bn | 21.93 Bn | 1.45 Bn | 10.59% |
| 7 | Wesco International | 17.12 Bn | 14.17 Bn | 1.57 Bn | 6.24% |
| 8 | Watsco | 11.77 Bn | 9.46 Bn | 578.93 Mn | 11.32% |
| 9 | Applied Industrial Technologies | 11.18 Bn | 11.07 Bn | 392.21 Mn | 11.12% |
| 10 | Avantor | 10.68 Bn | 9.27 Bn | 534.80 Mn | 8.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.32% |
| Mar 31, 2026 | 7.19% |
| Dec 31, 2025 | 6.43% |
| Sep 30, 2025 | 11.36% |
| Jun 30, 2025 | 13.18% |
| Mar 31, 2025 | 7.33% |
| Dec 31, 2024 | 7.76% |
| Sep 30, 2024 | 11.59% |
| Jun 30, 2024 | 12.56% |
| Mar 31, 2024 | 8.09% |
| Dec 31, 2023 | 6.72% |
| Sep 30, 2023 | 12.07% |
| Jun 30, 2023 | 13.26% |
| Mar 31, 2023 | 10.62% |
| Dec 31, 2022 | 8.68% |
| Sep 30, 2022 | 11.60% |
| Jun 30, 2022 | 13.46% |
| Mar 31, 2022 | 11.23% |
| Dec 31, 2021 | 8.14% |
| Sep 30, 2021 | 11.60% |
API Access
Watsco EBIT 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=ebit-margin&ticker=WSO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "WSO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=WSO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();