Watsco (WSO) FCF Margin (2010 - 2026)
Watsco's (WSO) quarterly FCF Margin came in at 1.69% in Q1 2026, up 1041.0% year-on-year from 0.15% in Q1 2025, and down 106.86% quarter-over-quarter from 24.61% in Q4 2025.
Watsco (WSO) FCF Margin (2010 - 2026) Analysis & Trends
Watsco has disclosed FCF Margin across 17 years of filings, most recently posting 1.69% for Q1 2026.
- FCF Margin for Q1 2026 came in at 1.69%, up 1041.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.59% (up 352.0% YoY), and the FY2025 annual result was 7.39%, down 236.0% from the prior year.
- FCF Margin came in at 1.69% for Q1 2026 at Watsco, down from 24.61% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 24.61% in Q4 2025 to a low of 12.1% in Q1 2025.
- The 5-year median for FCF Margin is 7.69% (2022), against an average of 7.18%.
- Across the five-year window, FCF Margin soared 1150 bps in 2022 and tumbled 1835 bps in 2025, its largest moves.
- Watsco's FCF Margin stood at 12.9% in 2022, then soared by 40 bps to 18.0% in 2023, then advanced by 17 bps to 21.14% in 2024, then rose by 16 bps to 24.61% in 2025, then slumped by 107 bps to 1.69% in 2026.
- The last three FCF Margin figures came in at 1.69% (Q1 2026), 24.61% (Q4 2025), and 16.74% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | 6.08% |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 14.51% |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 10.17% |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | 3.26% |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | -1.69% |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | 2.78% |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | 7.62% |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 16.00% |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | 1.51% |
| 10 | Msc Industrial Direct | 6.54 Bn | 6.49 Bn | 377.59 Mn | 7.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 6.13% |