Growth Metrics

Watsco (WSO) Tax Rate (2016 - 2025)

Watsco's Tax Rate history spans 17 years, with the latest figure at 20.66% for Q3 2025.

  • For Q3 2025, Tax Rate fell 89.0% year-over-year to 20.66%; the TTM value through Sep 2025 reached 20.37%, up 82.0%, while the annual FY2024 figure was 20.79%, 108.0% up from the prior year.
  • Tax Rate for Q3 2025 was 20.66% at Watsco, down from 20.94% in the prior quarter.
  • Across five years, Tax Rate topped out at 22.14% in Q4 2021 and bottomed at 14.56% in Q4 2022.
  • The 5-year median for Tax Rate is 20.66% (2025), against an average of 18.26%.
  • The largest annual shift saw Tax Rate plummeted -3670bps in 2022 before it surged 2468bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 22.14% in 2021, then crashed by -166bps to 14.56% in 2022, then soared by 170bps to 10.12% in 2023, then soared by 92bps to 19.4% in 2024, then grew by 6bps to 20.66% in 2025.
  • Per Business Quant, the three most recent readings for WSO's Tax Rate are 20.66% (Q3 2025), 20.94% (Q2 2025), and 19.61% (Q1 2025).