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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Watsco (WSO) Gross Margin (2016 - 2025)

Watsco (WSO) has disclosed Gross Margin for 17 consecutive years, with 27.14% as the latest value for Q4 2025.

  • Quarterly Gross Margin rose 45.0% to 27.14% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 28.05% through Dec 2025, up 121.0% year-over-year, with the annual reading at 28.05% for FY2025, 121.0% up from the prior year.
  • Gross Margin hit 27.14% in Q4 2025 for Watsco, down from 27.52% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 29.56% in Q1 2022 to a low of 25.84% in Q2 2021.
  • Historically, Gross Margin has averaged 27.35% across 5 years, with a median of 27.2% in 2021.
  • Biggest five-year swings in Gross Margin: skyrocketed 361bps in 2022 and later tumbled -157bps in 2023.
  • Year by year, Gross Margin stood at 27.26% in 2021, then rose by 1bps to 27.42% in 2022, then dropped by -6bps to 25.85% in 2023, then grew by 3bps to 26.69% in 2024, then grew by 2bps to 27.14% in 2025.
  • Business Quant data shows Gross Margin for WSO at 27.14% in Q4 2025, 27.52% in Q3 2025, and 29.26% in Q2 2025.