Watsco (WSO) Tax Rate (2009 - 2026)
Watsco's (WSO) quarterly Tax Rate came in at 20.91% in Q2 2026, down 4.0% year-over-year from 21.78% in Q2 2025, and up 2.89% quarter-over-quarter from 20.32% in Q1 2026.
Watsco (WSO) Tax Rate (2009 - 2026) Analysis & Trends
Watsco has disclosed Tax Rate across 18 years of filings, most recently posting 20.91% for Q2 2026.
- In Q2 2026, Tax Rate fell 4.0% year-over-year to 20.91%; the TTM figure through Jun 2026 stood at 20.42% (down 24.0% YoY), while the FY2025 annual figure was 20.35%, down 45.0% from the prior year.
- Tax Rate came in at 20.91% for Q2 2026 at Watsco, up from 20.32% 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.
- Average Tax Rate over 5 years is 18.43%, with a median of 20.77% recorded in 2025.
- Year-over-year, Tax Rate sank 3670 bps in 2022 and jumped 3128 bps in 2023.
- Over 5 years, Tax Rate stood at 14.56% in 2022, then surged by 215 bps to 16.72% in 2023, then climbed by 16 bps to 19.4% in 2024, then declined by 2 bps to 18.93% in 2025, then increased by 10 bps to 20.91% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 20.91% in Q2 2026, 20.32% in Q1 2026, and 18.93% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.74 Bn | 59.53 Bn | 1.98 Bn | 24.81% |
| 2 | Fastenal | 57.47 Bn | 57.26 Bn | 1.06 Bn | 23.76% |
| 3 | Ferguson Enterprises | 42.93 Bn | 42.11 Bn | 2.32 Bn | 26.07% |
| 4 | Sunbelt Rentals Holdings | 31.01 Bn | 30.98 Bn | 1.25 Bn | 25.89% |
| 5 | Reliance | 19.76 Bn | 19.53 Bn | 1.30 Bn | 24.71% |
| 6 | Wesco International | 17.65 Bn | 16.83 Bn | 1.46 Bn | 22.94% |
| 7 | Applied Industrial Technologies | 12.14 Bn | 12.02 Bn | 411.22 Mn | 24.84% |
| 8 | Watsco | 11.58 Bn | 11.60 Bn | 578.93 Mn | 20.91% |
| 9 | Avantor | 10.11 Bn | 9.80 Bn | 537.00 Mn | 53.08% |
| 10 | Core & Main | 7.93 Bn | 7.69 Bn | 573.00 Mn | 22.28% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.91% |
| Mar 31, 2026 | 20.32% |
| Dec 31, 2025 | 18.93% |
| Sep 30, 2025 | 20.66% |
| Jun 30, 2025 | 20.94% |
| Mar 31, 2025 | 19.61% |
| Dec 31, 2024 | 19.40% |
| Sep 30, 2024 | 21.54% |
| Jun 30, 2024 | 21.58% |
| Mar 31, 2024 | 19.18% |
| Dec 31, 2023 | 16.72% |
| Sep 30, 2023 | 21.24% |
| Jun 30, 2023 | 21.69% |
| Mar 31, 2023 | 20.57% |
| Dec 31, 2022 | -14.56% |
| Sep 30, 2022 | 21.04% |
| Jun 30, 2022 | 21.15% |
| Mar 31, 2022 | 20.88% |
| Dec 31, 2021 | 22.14% |
| Sep 30, 2021 | 20.20% |
Watsco Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=WSO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "WSO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=WSO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();