What is the current annual gross margin of WSO?

As of today, WSO annual gross margin is 27.44%

What is 1-year change in WSO annual gross margin?

WSO annual gross margin is up +4.33% year-over-year

What is 3-year change in WSO annual gross margin?

WSO annual gross margin is down -0.11% over the past 3 years

How far is WSO annual gross margin from its all-time high?

WSO annual gross margin is currently -33.14% below its historical high of 41.04% set on January 1, 1985

How does WSO annual gross margin rank versus sector peers?

WSO annual gross margin is higher than 56.14% of companies in Industrials sector

When is WSO next annual earnings release?

As of today, the next annual earnings release for WSO has not been scheduled

What is the current quarterly gross margin of WSO?

As of today, WSO quarterly gross margin is 27.50%

What is WSO quarterly gross margin most recent change?

WSO quarterly gross margin was up +1.21% on June 30, 2026

What is 1-year change in WSO quarterly gross margin?

WSO quarterly gross margin is down -4.28% year-over-year

How far is WSO quarterly gross margin from its all-time high?

WSO quarterly gross margin is currently -52.85% below its historical high of 58.33% set on December 31, 1993

How does WSO quarterly gross margin rank versus sector peers?

WSO quarterly gross margin is higher than 54.19% of companies in Industrials sector

When is WSO next earnings release?

The next earnings release for WSO is on October 28, 2026

Watsco, Inc. (WSO) Gross Margin History & Chart Since 1984

Annual Gross Margin

27.44%1.14%+4.33%

December 31, 2025

Summary

Current Value: As of today, WSO annual gross margin is 27.44%, up +4.33% on December 31, 2025
Historical Performance: WSO annual gross margin is down -0.11% over the past 3 years, up +15.93% over the past 5 years
All-Time High Comparison: WSO annual gross margin is currently -33.14% below its historical high of 41.04% set on January 1, 1985
3-Year Low Comparison: WSO annual gross margin is +4.33% above its 3-year low of 26.30% reached on December 31, 2024
Sector Comparison: WSO annual gross margin is higher than 56.14% of companies in Industrials sector

Gross Margin Chart

beforeafter

Performance

WSO Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	27.44%	+4.3%	-0.1%	+15.9%	+15.9%
Quarterly Gross Margin	Jun 30, 26	27.50%	-4.3%	-0.6%	+8.0%	+14.0%
Price	Aug 5, 26	$334.01	-22.0%	-7.2%	+20.1%	+498.5%
PE Ratio	Aug 5, 26	29.05	-11.4%	+17.8%	-6.5%	+34.3%
Annual Revenue	Dec 31, 25	$7.24B	-5.0%	-0.5%	+43.2%	+154.5%
Annual Gross Profit	Dec 31, 25	$1.99B	-0.9%	-0.6%	+66.1%	+195.1%
Annual Operating Margin	Dec 31, 25	9.59%	-2.3%	-13.8%	+24.4%	+64.8%
Annual Net Margin	Dec 31, 25	7.66%	-2.4%	-14.6%	+29.0%	+94.9%

Gross Margin Highs

WSO Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	27.47%	N/A	-0.1%
5Y	27.47%	Dec 31, 22	-0.1%
All	41.04%	Jan 1, 85	-33.1%

Gross Margin Lows

WSO Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	26.30%	Dec 31, 24	+4.3%
5Y	23.67%	N/A	+15.9%
All	-13.60%	Dec 31, 88	+301.8%

Gross Margin History

Year	Value	Change
2025	27.44%	+4.3%
2024	26.30%	-2.1%
2023	26.87%	-2.2%
2022	27.47%	+5.2%
2021	26.11%	+10.3%
2020	23.67%	-0.3%
2019	23.73%	-1.7%
2018	24.15%	+0.4%
2017	24.05%	0.0%
2016	24.05%	+0.4%
2015	23.96%	+0.7%
2014	23.79%	+1.0%
2013	23.55%	+1.2%
2012	23.27%	-3.3%
2011	24.06%	+1.6%
2010	23.67%	-1.5%
2009	24.02%	-7.6%
2008	26.00%	+2.2%
2007	25.43%	-1.1%
2006	25.71%	+2.3%
2005	25.14%	-1.9%
2004	25.62%	+3.5%

Year	Value	Change
2003	24.75%	+1.7%
2002	24.34%	+0.7%
2001	24.17%	+2.7%
2000	23.54%	+0.5%
1999	23.42%	+3.0%
1998	22.73%	+1.0%
1997	22.51%	+0.2%
1996	22.47%	+1.5%
1995	22.14%	-0.6%
1994	22.28%	-1.0%
1993	22.51%	-3.8%
1992	23.41%	-3.1%
1991	24.16%	-10.3%
1990	26.93%	-5.6%
1989	28.53%	+309.8%
1988	-13.60%	-133.4%
1988	40.67%	+4.1%
1987	39.07%	-1.5%
1986	39.67%	-3.3%
1985	41.04%	+1.5%
1984	40.44%	-

FAQ

What is the current annual gross margin of WSO?: As of today, WSO annual gross margin is 27.44%
What is 1-year change in WSO annual gross margin?: WSO annual gross margin is up +4.33% year-over-year
What is 3-year change in WSO annual gross margin?: WSO annual gross margin is down -0.11% over the past 3 years
How far is WSO annual gross margin from its all-time high?: WSO annual gross margin is currently -33.14% below its historical high of 41.04% set on January 1, 1985
How does WSO annual gross margin rank versus sector peers?: WSO annual gross margin is higher than 56.14% of companies in Industrials sector
When is WSO next annual earnings release?: As of today, the next annual earnings release for WSO has not been scheduled

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

27.50%0.33%+1.21%

June 30, 2026

Summary

Current Value: As of today, WSO quarterly gross margin is 27.50%, up +1.21% on June 30, 2026
Historical Performance: WSO quarterly gross margin is down -4.28% year-over-year, down -0.61% over the past 3 years
All-Time High Comparison: WSO quarterly gross margin is currently -52.85% below its historical high of 58.33% set on December 31, 1993
3-Year Low Comparison: WSO quarterly gross margin is +8.91% above its 3-year low of 25.25% reached on December 31, 2023
Sector Comparison: WSO quarterly gross margin is higher than 54.19% of companies in Industrials sector

Performance

WSO Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Jun 30, 26	27.50%	+1.2%	-4.3%	-0.6%	+8.0%
Annual Gross Margin	Dec 31, 25	27.44%	–	+4.3%	-0.1%	+15.9%
Price	Aug 5, 26	$334.01	-20.6%	-22.0%	-7.2%	+20.1%
PE Ratio	Aug 5, 26	29.05	-16.9%	-11.4%	+17.8%	-6.5%
Quarterly Revenue	Jun 30, 26	$2.10B	+37.3%	+2.1%	+5.1%	+13.8%
Quarterly Gross Profit	Jun 30, 26	$578.93M	+39.0%	-2.3%	+4.5%	+22.9%
Quarterly Operating Margin	Jun 30, 26	10.92%	+59.4%	-15.0%	-15.9%	-4.5%
Quarterly Net Margin	Jun 30, 26	8.58%	+54.9%	-13.5%	-11.2%	-0.5%

Quarterly Gross Margin Highs

WSO Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	28.73%	N/A	-4.3%
3Y	28.73%	Jun 30, 25	-4.3%
5Y	29.06%	Mar 31, 22	-5.4%
All	58.33%	Dec 31, 93	-52.9%

Quarterly Gross Margin Lows

WSO Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	26.44%	Dec 31, 25	+4.0%
3Y	25.25%	Dec 31, 23	+8.9%
5Y	25.25%	Dec 31, 23	+8.9%
All	7.31%	Dec 31, 95	+276.2%

Quarterly Gross Margin History

Month	Value	Change
Jun 2026	27.50%	+1.2%
Mar 2026	27.17%	+2.8%
Dec 2025	26.44%	-2.0%
Sep 2025	26.99%	-6.1%
Jun 2025	28.73%	+5.0%
Mar 2025	27.36%	+4.9%
Dec 2024	26.09%	+1.4%
Sep 2024	25.73%	-3.4%
Jun 2024	26.63%	-0.9%
Mar 2024	26.88%	+6.5%
Dec 2023	25.25%	-3.8%
Sep 2023	26.24%	-5.2%
Jun 2023	27.67%	-2.5%
Mar 2023	28.37%	+5.5%
Dec 2022	26.90%	+0.9%
Sep 2022	26.66%	-3.2%
Jun 2022	27.55%	-5.2%
Mar 2022	29.06%	+8.5%
Dec 2021	26.78%	+0.4%
Sep 2021	26.68%	+4.8%
Jun 2021	25.46%	+0.4%
Mar 2021	25.37%	+6.1%
Dec 2020	23.91%	+0.2%
Sep 2020	23.86%	+3.5%
Jun 2020	23.05%	-3.7%
Mar 2020	23.93%	+0.9%
Dec 2019	23.71%	+0.8%
Sep 2019	23.53%	+0.3%
Jun 2019	23.47%	-4.0%
Mar 2019	24.44%	-0.7%
Dec 2018	24.60%	+2.1%
Sep 2018	24.10%	+1.8%
Jun 2018	23.67%	-3.1%
Mar 2018	24.43%	-0.6%
Dec 2017	24.58%	+4.1%
Sep 2017	23.62%	-2.6%
Jun 2017	24.24%	-0.7%
Mar 2017	24.42%	0.0%
Dec 2016	24.42%	+2.0%
Sep 2016	23.93%	+0.8%
Jun 2016	23.75%	-2.0%
Mar 2016	24.24%	+0.9%
Dec 2015	24.02%	+0.7%
Sep 2015	23.85%	+0.5%
Jun 2015	23.74%	-3.8%
Mar 2015	24.67%	+3.1%
Dec 2014	23.92%	+0.5%
Sep 2014	23.81%	+1.4%
Jun 2014	23.49%	-4.7%
Mar 2014	24.66%	+5.2%
Dec 2013	23.45%	-1.9%
Sep 2013	23.90%	+0.4%
Jun 2013	23.80%	-3.2%
Mar 2013	24.58%	+5.6%
Dec 2012	23.27%	-2.1%
Sep 2012	23.76%	+0.8%
Jun 2012	23.57%	-0.9%
Mar 2012	23.78%	-2.5%
Dec 2011	24.39%	+1.6%
Sep 2011	24.00%	-0.5%
Jun 2011	24.13%	-4.5%
Mar 2011	25.26%	+7.8%
Dec 2010	23.44%	-2.6%
Sep 2010	24.06%	+3.5%
Jun 2010	23.25%	-3.3%
Mar 2010	24.05%	+1.4%
Dec 2009	23.71%	+2.2%
Sep 2009	23.19%	-7.0%
Jun 2009	24.94%	-2.1%
Mar 2009	25.48%	-1.1%

Month	Value	Change
Dec 2008	25.76%	-3.4%
Sep 2008	26.66%	+3.7%
Jun 2008	25.71%	-0.2%
Mar 2008	25.76%	+1.3%
Dec 2007	25.44%	+0.8%
Sep 2007	25.25%	-0.6%
Jun 2007	25.39%	-0.8%
Mar 2007	25.60%	+2.2%
Dec 2006	25.06%	-5.0%
Sep 2006	26.37%	+1.9%
Jun 2006	25.88%	+2.0%
Mar 2006	25.38%	+1.6%
Dec 2005	24.98%	-0.7%
Sep 2005	25.15%	-0.1%
Jun 2005	25.17%	-0.4%
Mar 2005	25.27%	+0.7%
Dec 2004	25.09%	-3.1%
Sep 2004	25.89%	+0.4%
Jun 2004	25.79%	+0.6%
Mar 2004	25.63%	+3.2%
Dec 2003	24.83%	+0.9%
Sep 2003	24.62%	-0.6%
Jun 2003	24.77%	-0.0%
Mar 2003	24.78%	+4.6%
Dec 2002	23.68%	-3.5%
Sep 2002	24.54%	0.0%
Jun 2002	24.54%	+0.1%
Mar 2002	24.52%	+2.8%
Dec 2001	23.85%	-4.2%
Sep 2001	24.89%	+3.5%
Jun 2001	24.05%	-2.1%
Mar 2001	24.57%	+6.0%
Dec 2000	23.17%	-2.1%
Sep 2000	23.67%	0.0%
Jun 2000	23.67%	+0.5%
Mar 2000	23.56%	-0.9%
Dec 1999	23.77%	+2.9%
Sep 1999	23.09%	-0.9%
Jun 1999	23.31%	-0.9%
Mar 1999	23.52%	-16.1%
Dec 1998	28.05%	+24.3%
Sep 1998	22.56%	+1.9%
Jun 1998	22.14%	-5.3%
Mar 1998	23.39%	-3.5%
Dec 1997	24.23%	+6.0%
Sep 1997	22.85%	+2.6%
Jun 1997	22.28%	-6.3%
Mar 1997	23.78%	+51.0%
Dec 1996	15.75%	-32.6%
Sep 1996	23.38%	+1.1%
Jun 1996	23.12%	-2.2%
Mar 1996	23.65%	+223.5%
Dec 1995	7.31%	-67.9%
Sep 1995	22.77%	-0.7%
Jun 1995	22.94%	-33.5%
Mar 1995	34.49%	-37.1%
Dec 1994	54.87%	+136.6%
Sep 1994	23.19%	+2.2%
Jun 1994	22.69%	-9.1%
Mar 1994	24.95%	-57.2%
Dec 1993	58.33%	+156.3%
Sep 1993	22.76%	-4.7%
Jun 1993	23.87%	-2.8%
Mar 1993	24.55%	+2.2%
Dec 1992	24.02%	-2.5%
Sep 1992	24.63%	+1.4%
Jun 1992	24.30%	-1.7%
Mar 1992	24.72%	-4.3%
Mar 1991	25.82%	-

FAQ

What is the current quarterly gross margin of WSO?: As of today, WSO quarterly gross margin is 27.50%
What is WSO quarterly gross margin most recent change?: WSO quarterly gross margin was up +1.21% on June 30, 2026
What is 1-year change in WSO quarterly gross margin?: WSO quarterly gross margin is down -4.28% year-over-year
How far is WSO quarterly gross margin from its all-time high?: WSO quarterly gross margin is currently -52.85% below its historical high of 58.33% set on December 31, 1993
How does WSO quarterly gross margin rank versus sector peers?: WSO quarterly gross margin is higher than 54.19% of companies in Industrials sector
When is WSO next earnings release?: The next earnings release for WSO is on October 28, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

WSO Official Website www.watsco.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/105016/000119312526053048/0001193125-26-053048-index.htm
WSO Profile on Yahoo Finance finance.yahoo.com/quote/WSO
WSO Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/wso