Watsco (WSO) FCF Margin (2010 - 2026)
Watsco's FCF Margin came in at -0.55% for Q2 2026, up 0.15 percentage points from -0.69% a year earlier and up 1.14 percentage points from the prior quarter.
Watsco (WSO) FCF Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Watsco reported FCF Margin of 9.57%, up 4.32 percentage points year-over-year; for FY2025, it came in at 7.39%, down 2.36 percentage points from FY2024.
- FCF Margin carries a five-year change of -2.86 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 9.75% in FY2024 (+2.52 pp), 7.23% in FY2023 (-0.14 pp), 7.37% in FY2022 (+2.21 pp) and 5.16% in FY2021 (-5.09 pp).
- The five-year range for quarterly FCF Margin is -12.10% (Q1 2025) to 24.61% (Q4 2025).
- Year-over-year, FCF Margin has increased for four consecutive quarters, with an average year-over-year change of -0.46 percentage points over the last eight quarters.
- The fastest year-over-year change in FCF Margin over five years came in Q4 2022 (a gain of 11.50 percentage points), and the weakest in Q1 2025 (a drop of 18.35 percentage points).
- Business Quant data shows WSO's FCF Margin at -1.69% (Q1 2026), 24.61% (Q4 2025) and 16.74% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn | 6.63% |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn | 8.45% |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn | 9.10% |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn | -0.48% |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn | 1.49% |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn | 0.38% |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn | 11.81% |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn | -0.55% |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn | 8.31% |
| 10 | Core & Main | 7.82 Bn | 7.12 Bn | 573.00 Mn | 2.05% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.55% |
| Mar 31, 2026 | -1.69% |
| Dec 31, 2025 | 24.61% |
| Sep 30, 2025 | 16.74% |
| Jun 30, 2025 | -0.69% |
| Mar 31, 2025 | -12.10% |
| Dec 31, 2024 | 21.14% |
| Sep 30, 2024 | 10.32% |
| Jun 30, 2024 | 2.40% |
| Mar 31, 2024 | 6.25% |
| Dec 31, 2023 | 18.00% |
| Sep 30, 2023 | 16.12% |
| Jun 30, 2023 | -2.50% |
| Mar 31, 2023 | -3.54% |
| Dec 31, 2022 | 12.90% |
| Sep 30, 2022 | 13.67% |
| Jun 30, 2022 | 7.69% |
| Mar 31, 2022 | -7.22% |
| Dec 31, 2021 | 1.40% |
| Sep 30, 2021 | 13.02% |
Watsco FCF 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=fcf-margin&ticker=WSO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=WSO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();