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| Date | Value |
|---|---|
| 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% |