Watsco (WSO) Tax Rate (2009 - 2026)

Watsco (WSO) posted Tax Rate of 20.32% for Q1 2026, up 1053.85% sequentially from 1.76% in Q4 2025, and up 71.0% YoY from 11.88% in Q1 2025.

Analysis

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

Watsco has reported Tax Rate for 18 years, with the latest figure at 20.32% in Q1 2026.

Quarterly Tax Rate rose 71.0% year-over-year to 20.32% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 17.96% (down 293.0% YoY) and the FY2025 annual result came in at 17.85%, down 295.0% from the prior year.
Tax Rate advanced to 20.32% in Q1 2026 per WSO's latest filing, from 1.76% in the prior quarter.
Over five years, Tax Rate peaked at 21.69% in Q2 2023 and troughed at 14.56% in Q4 2022.
A 5-year average of 16.89% and a median of 20.66% in 2025 frame the typical range for Tax Rate.
The sharpest annual moves came in 2022 and 2023: Tax Rate slumped 3670 bps in 2022, then soared 2468 bps in 2023.
Over 5 years, Tax Rate stood at 14.56% in 2022, then jumped by 170 bps to 10.12% in 2023, then jumped by 92 bps to 19.4% in 2024, then tumbled by 91 bps to 1.76% in 2025, then soared by 1054 bps to 20.32% in 2026.
According to Business Quant data, Tax Rate over the past three periods registered 20.32%, 1.76%, and 20.66% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Set

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	W.W. Grainger	60.76 Bn	60.17 Bn	1.98 Bn	24.81%
2	Fastenal	55.17 Bn	54.97 Bn	1.06 Bn	23.76%
3	Ferguson Enterprises	43.00 Bn	42.18 Bn	2.32 Bn	26.07%
4	Wesco International	16.30 Bn	15.49 Bn	1.46 Bn	22.94%
5	Applied Industrial Technologies	11.95 Bn	11.82 Bn	411.22 Mn	24.84%
6	Watsco	11.80 Bn	11.33 Bn	578.93 Mn	20.91%
7	Core & Main	8.27 Bn	8.12 Bn	520.00 Mn	24.67%
8	Pool	6.62 Bn	6.58 Bn	540.76 Mn	25.79%
9	Msc Industrial Direct	6.52 Bn	6.45 Bn	430.41 Mn	24.50%
10	Xometry	5.01 Bn	4.49 Bn	87.15 Mn	-7.14%

Historic Data

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