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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) Net Margin (2016 - 2025)

Watsco (WSO) has disclosed Net Margin for 17 consecutive years, with 4.25% as the latest value for Q4 2025.

  • Quarterly Net Margin fell 89.0% to 4.25% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 7.31% through Dec 2025, down 15.0% year-over-year, with the annual reading at 6.41% for FY2025, 14.0% down from the prior year.
  • Net Margin hit 4.25% in Q4 2025 for Watsco, down from 7.3% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 10.57% in Q2 2022 to a low of 4.25% in Q4 2025.
  • Historically, Net Margin has averaged 8.02% across 5 years, with a median of 8.63% in 2023.
  • Biggest five-year swings in Net Margin: skyrocketed 361bps in 2022 and later crashed -429bps in 2023.
  • Year by year, Net Margin stood at 6.33% in 2021, then surged by 57bps to 9.94% in 2022, then crashed by -43bps to 5.65% in 2023, then fell by -9bps to 5.14% in 2024, then decreased by -17bps to 4.25% in 2025.
  • Business Quant data shows Net Margin for WSO at 4.25% in Q4 2025, 7.3% in Q3 2025, and 10.51% in Q2 2025.