Watsco (WSO) Tax Rate (2009 - 2026)
Watsco (WSO) recorded Tax Rate of 20.91% in Q2 2026, down 0.04 percentage points from 20.94% a year earlier but up 0.59 percentage points from the prior quarter.
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Analysis
Watsco (WSO) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Watsco's Tax Rate came in at 20.42% as of Jun 30, 2026, down 0.24 percentage points year-over-year; for FY2025, it came in at 20.35%, down 0.45 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +1.18 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 20.79% in FY2024 (+1.08 pp), 19.72% in FY2023 (+4.56 pp), 15.16% in FY2022 (-5.37 pp) and 20.52% in FY2021 (+1.36 pp).
- Quarterly Tax Rate has ranged from 10.12% in Q4 2023 to 22.14% in Q4 2021 over the past five years.
- On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of +1.09 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 9.28 percentage points in Q4 2024, against a drop of 1.38 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 20.32% (Q1 2026), 18.93% (Q4 2025) and 20.66% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 67.67 Bn | 65.03 Bn | 2.01 Bn | 24.32% |
| 2 | United Rentals | 65.48 Bn | 64.60 Bn | 2.05 Bn | 25.26% |
| 3 | Fastenal | 60.80 Bn | 59.80 Bn | 1.10 Bn | 24.40% |
| 4 | Ferguson Enterprises | 45.51 Bn | 42.73 Bn | 2.32 Bn | 26.07% |
| 5 | Sunbelt Rentals Holdings | 31.50 Bn | 31.38 Bn | 1.25 Bn | 25.89% |
| 6 | Reliance | 21.26 Bn | 20.31 Bn | 1.45 Bn | 24.16% |
| 7 | Wesco International | 14.25 Bn | 11.29 Bn | 1.57 Bn | 24.43% |
| 8 | Watsco | 11.59 Bn | 9.28 Bn | 578.93 Mn | 20.91% |
| 9 | Avantor | 10.49 Bn | 9.07 Bn | 534.80 Mn | - |
| 10 | Applied Industrial Technologies | 10.39 Bn | 10.28 Bn | 392.21 Mn | 21.67% |
Historic Data
Download Data
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 | 10.12% |
| Sep 30, 2023 | 21.24% |
| Jun 30, 2023 | 21.69% |
| Mar 31, 2023 | 20.57% |
| 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% |
| Jun 30, 2021 | 20.43% |
API Access
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_KEYimport 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();