Watsco (WSO) EBT Margin (2009 - 2026)
Watsco's (WSO) quarterly EBT Margin came in at 7.61% in Q1 2026, down 7.0% year-on-year from 8.18% in Q1 2025, and up 11.87% quarter-over-quarter from 6.8% in Q4 2025.
Watsco (WSO) EBT Margin (2009 - 2026) Analysis & Trends
Watsco has disclosed EBT Margin across 18 years of filings, most recently posting 7.61% for Q1 2026.
- EBT Margin for Q1 2026 came in at 7.61%, down 7.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.17% (down 26.0% YoY), and the FY2025 annual result was 10.19%, down 35.0% from the prior year.
- EBT Margin came in at 7.61% for Q1 2026 at Watsco, up from 6.8% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 13.4% in Q2 2022 to a low of 6.78% in Q4 2023.
- The 5-year median for EBT Margin is 11.19% (2022), against an average of 10.31%.
- Across the five-year window, EBT Margin surged 399 bps in 2022 and plunged 234 bps in 2024, its largest moves.
- Watsco's EBT Margin stood at 8.67% in 2022, then fell by 22 bps to 6.78% in 2023, then climbed by 20 bps to 8.15% in 2024, then declined by 17 bps to 6.8% in 2025, then grew by 12 bps to 7.61% in 2026.
- The last three EBT Margin figures came in at 7.61% (Q1 2026), 6.8% (Q4 2025), and 11.54% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.43 Bn | 62.25 Bn | 1.75 Bn | 14.01% |
| 2 | Fastenal | 52.87 Bn | 52.56 Bn | 982.90 Mn | 20.36% |
| 3 | Ferguson Enterprises | 43.71 Bn | 42.89 Bn | 2.32 Bn | 7.49% |
| 4 | Wesco International | 17.21 Bn | 16.51 Bn | 1.29 Bn | 3.24% |
| 5 | Watsco | 14.12 Bn | 13.98 Bn | 427.56 Mn | 7.61% |
| 6 | Applied Industrial Technologies | 11.70 Bn | 11.53 Bn | 380.80 Mn | 10.80% |
| 7 | Qxo | 11.53 Bn | 8.48 Bn | 409.30 Mn | -16.20% |
| 8 | Core & Main | 9.91 Bn | 9.77 Bn | 428.00 Mn | 5.95% |
| 9 | Pool | 6.54 Bn | 6.47 Bn | 329.87 Mn | 6.17% |
| 10 | Msc Industrial Direct | 6.47 Bn | 6.42 Bn | 377.59 Mn | 6.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.61% |
| Dec 31, 2025 | 6.80% |
| Sep 30, 2025 | 11.54% |
| Jun 30, 2025 | 13.29% |
| Mar 31, 2025 | 7.68% |
| Dec 31, 2024 | 8.15% |
| Sep 30, 2024 | 11.90% |
| Jun 30, 2024 | 12.79% |
| Mar 31, 2024 | 8.24% |
| Dec 31, 2023 | 6.78% |
| Sep 30, 2023 | 11.98% |
| Jun 30, 2023 | 13.09% |
| Mar 31, 2023 | 10.58% |
| Dec 31, 2022 | 8.67% |
| Sep 30, 2022 | 11.58% |
| Jun 30, 2022 | 13.40% |
| Mar 31, 2022 | 11.19% |
| Dec 31, 2021 | 8.12% |
| Sep 30, 2021 | 11.59% |
| Jun 30, 2021 | 11.70% |