Watsco (WSO) EBT Margin (2009 - 2026)
Watsco (WSO) reported EBT Margin of 11.49% for Q2 2026, down 1.80 percentage points from 13.29% a year earlier but up 3.88 percentage points from the prior quarter.
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Analysis
Watsco (WSO) EBT Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Watsco's EBT Margin came in at 9.67%, down 0.87 percentage points year-over-year; for FY2025, it came in at 10.19%, down 0.35 percentage points from FY2024.
- EBT Margin has declined for three consecutive years, though with a five-year change of +2.28 percentage points (FY2020 to FY2025).
- By year, EBT Margin came in at 10.54% in FY2024 (-0.31 pp), 10.84% in FY2023 (-0.56 pp), 11.40% in FY2022 (+1.41 pp) and 9.99% in FY2021 (+2.08 pp).
- Five-year quarterly EBT Margin spans a low of 6.78% in Q4 2023 and a high of 13.40% in Q2 2022.
- Year over year, EBT Margin has now declined in each of the last four quarters, with an average year-over-year change of -0.29 percentage points over the last eight quarters.
- The high point for year-over-year EBT Margin in five years was Q1 2022 (a gain of 3.99 percentage points); the low point was Q1 2024 (a drop of 2.34 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 7.61% (Q1 2026), 6.80% (Q4 2025) and 11.54% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 66.45 Bn | 65.21 Bn | 1.73 Bn | 22.83% |
| 2 | W.W. Grainger | 62.58 Bn | 60.18 Bn | 1.98 Bn | 15.89% |
| 3 | Fastenal | 59.02 Bn | 57.94 Bn | 1.06 Bn | 21.04% |
| 4 | Ferguson Enterprises | 43.33 Bn | 40.54 Bn | 2.32 Bn | 7.49% |
| 5 | Sunbelt Rentals Holdings | 31.82 Bn | 31.70 Bn | 1.25 Bn | 18.97% |
| 6 | Reliance | 20.64 Bn | 19.68 Bn | 1.30 Bn | 9.28% |
| 7 | Wesco International | 17.76 Bn | 15.08 Bn | 1.46 Bn | 4.08% |
| 8 | Applied Industrial Technologies | 12.45 Bn | 12.32 Bn | 411.22 Mn | 11.66% |
| 9 | Watsco | 11.13 Bn | 8.82 Bn | 578.93 Mn | 11.49% |
| 10 | Avantor | 10.53 Bn | 9.33 Bn | 537.00 Mn | 4.80% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.49% |
| 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% |
API Access
Watsco EBT 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=ebt-margin&ticker=WSO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=WSO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();