Watsco (WSO) Tax Rate (2009 - 2026)

Watsco's (WSO) quarterly Tax Rate came in at 20.32% in Q1 2026, up 71.0% year-on-year from 11.88% in Q1 2025, and up 7.34% quarter-over-quarter from 18.93% in Q4 2025.

Watsco (WSO) Tax Rate (2009 - 2026) Analysis & Trends

Watsco has disclosed Tax Rate across 18 years of filings, most recently posting 20.32% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 20.32%, up 71.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.46% (down 42.0% YoY), and the FY2025 annual result was 20.35%, down 45.0% from the prior year.
  • Tax Rate came in at 20.32% for Q1 2026 at Watsco, up from 18.93% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 21.69% in Q2 2023 to a low of 14.56% in Q4 2022.
  • The 5-year median for Tax Rate is 20.66% (2025), against an average of 17.9%.
  • Across the five-year window, Tax Rate slumped 3670 bps in 2022 and jumped 2468 bps in 2023, its largest moves.
  • Watsco's Tax Rate stood at 14.56% in 2022, then surged by 170 bps to 10.12% in 2023, then surged by 92 bps to 19.4% in 2024, then declined by 2 bps to 18.93% in 2025, then advanced by 7 bps to 20.32% in 2026.
  • The last three Tax Rate figures came in at 20.32% (Q1 2026), 18.93% (Q4 2025), and 20.66% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 W.W. Grainger 63.64 Bn 63.46 Bn 1.75 Bn 22.74%
2 Fastenal 53.18 Bn 52.87 Bn 982.90 Mn 24.22%
3 Ferguson Enterprises 45.51 Bn 44.69 Bn 2.32 Bn 26.07%
4 Wesco International 17.33 Bn 16.62 Bn 1.29 Bn 21.86%
5 Watsco 14.65 Bn 14.51 Bn 427.56 Mn 20.32%
6 Qxo 12.24 Bn 9.19 Bn 409.30 Mn 18.98%
7 Applied Industrial Technologies 11.99 Bn 11.82 Bn 380.80 Mn 26.17%
8 Core & Main 9.98 Bn 9.84 Bn 428.00 Mn 22.34%
9 Pool 7.00 Bn 6.92 Bn 329.87 Mn 24.17%
10 Msc Industrial Direct 6.54 Bn 6.49 Bn 377.59 Mn 24.74%

Historic Data

Download Data
DateValue
Mar 31, 2026 20.32%
Mar 31, 2026 20.32%
Dec 31, 2025 18.93%
Dec 31, 2025 18.93%
Sep 30, 2025 20.66%
Sep 30, 2025 20.66%
Jun 30, 2025 20.94%
Jun 30, 2025 20.94%
Mar 31, 2025 19.61%
Mar 31, 2025 19.61%
Dec 31, 2024 19.40%
Dec 31, 2024 19.40%
Sep 30, 2024 21.54%
Sep 30, 2024 21.54%
Jun 30, 2024 21.58%
Jun 30, 2024 21.58%
Mar 31, 2024 19.18%
Mar 31, 2024 19.18%
Dec 31, 2023 10.12%
Dec 31, 2023 10.12%