What is the current annual operating margin of WSO?

As of today, WSO annual operating margin is 9.59%

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

WSO annual operating margin is down -2.34% year-over-year

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

WSO annual operating margin is down -13.84% over the past 3 years

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

WSO annual operating margin is currently -28.06% below its historical high of 13.33% set on January 1, 1988

How does WSO annual operating margin rank versus sector peers?

WSO annual operating margin is higher than 65.05% 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 operating margin of WSO?

As of today, WSO quarterly operating margin is 10.92%

What is WSO quarterly operating margin most recent change?

WSO quarterly operating margin was up +59.42% on June 30, 2026

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

WSO quarterly operating margin is down -15.02% year-over-year

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

WSO quarterly operating margin is currently -17.02% below its historical high of 13.16% set on June 30, 2022

How does WSO quarterly operating margin rank versus sector peers?

WSO quarterly operating margin is higher than 64.75% 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) Operating Margin History & Chart

Annual Operating Margin

9.59%0.23%-2.34%

December 31, 2025

Summary

Current Value: As of today, WSO annual operating margin is 9.59%, down -2.34% on December 31, 2025
Historical Performance: WSO annual operating margin is down -13.84% over the past 3 years, up +24.38% over the past 5 years
All-Time High Comparison: WSO annual operating margin is currently -28.06% below its historical high of 13.33% set on January 1, 1988
3-Year Low Comparison: WSO annual operating margin is at its 3-year low
Sector Comparison: WSO annual operating margin is higher than 65.05% of companies in Industrials sector

Operating Margin Chart

beforeafter

Performance

WSO Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	9.59%	-2.3%	-13.8%	+24.4%	+64.8%
Quarterly Operating Margin	Jun 30, 26	10.92%	-15.0%	-15.9%	-4.5%	+27.7%
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 Operating Profit	Dec 31, 25	$694.14M	-7.2%	-14.3%	+78.1%	+319.2%
Annual Gross Margin	Dec 31, 25	27.44%	+4.3%	-0.1%	+15.9%	+15.9%
Annual Net Margin	Dec 31, 25	7.66%	-2.4%	-14.6%	+29.0%	+94.9%

Operating Margin Highs

WSO Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	11.13%	N/A	-13.8%
5Y	11.13%	Dec 31, 22	-13.8%
All	13.33%	Jan 1, 88	-28.1%

Operating Margin Lows

WSO Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	9.59%	Dec 31, 25	at low
5Y	7.71%	N/A	+24.4%
All	-69.60%	Dec 31, 88	+113.8%

Operating Margin History

Year	Value	Change
2025	9.59%	-2.3%
2024	9.82%	-7.3%
2023	10.59%	-4.9%
2022	11.13%	+14.7%
2021	9.70%	+25.8%
2020	7.71%	+3.1%
2019	7.48%	-6.1%
2018	7.97%	-1.5%
2017	8.09%	-1.5%
2016	8.21%	+1.9%
2015	8.06%	+4.0%
2014	7.75%	+7.0%
2013	7.24%	+9.9%
2012	6.59%	-1.9%
2011	6.72%	+15.5%
2010	5.82%	+43.7%
2009	4.05%	-30.2%
2008	5.80%	-8.2%
2007	6.32%	-16.1%
2006	7.53%	+8.8%
2005	6.92%	+10.9%
2004	6.24%	+25.8%

Year	Value	Change
2003	4.96%	+15.6%
2002	4.29%	-1.8%
2001	4.37%	+5.0%
2000	4.16%	-12.8%
1999	4.77%	-7.2%
1998	5.14%	-1.2%
1997	5.20%	-8.8%
1996	5.70%	+4.8%
1995	5.44%	+2.6%
1994	5.30%	+7.3%
1993	4.94%	-3.1%
1992	5.10%	+0.6%
1991	5.07%	-13.5%
1990	5.86%	-6.4%
1989	6.26%	+109.0%
1988	-69.60%	-622.1%
1988	13.33%	+18.4%
1987	11.26%	+94.5%
1986	5.79%	-48.3%
1985	11.19%	-10.5%
1984	12.50%	-

FAQ

What is the current annual operating margin of WSO?: As of today, WSO annual operating margin is 9.59%
What is 1-year change in WSO annual operating margin?: WSO annual operating margin is down -2.34% year-over-year
What is 3-year change in WSO annual operating margin?: WSO annual operating margin is down -13.84% over the past 3 years
How far is WSO annual operating margin from its all-time high?: WSO annual operating margin is currently -28.06% below its historical high of 13.33% set on January 1, 1988
How does WSO annual operating margin rank versus sector peers?: WSO annual operating margin is higher than 65.05% 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

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

10.92%4.07%+59.42%

June 30, 2026

Summary

Current Value: As of today, WSO quarterly operating margin is 10.92%, up +59.42% on June 30, 2026
Historical Performance: WSO quarterly operating margin is down -15.02% year-over-year, down -15.94% over the past 3 years
All-Time High Comparison: WSO quarterly operating margin is currently -17.02% below its historical high of 13.16% set on June 30, 2022
3-Year Low Comparison: WSO quarterly operating margin is +79.31% above its 3-year low of 6.09% reached on December 31, 2025
Sector Comparison: WSO quarterly operating margin is higher than 64.75% of companies in Industrials sector

Performance

WSO Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Jun 30, 26	10.92%	+59.4%	-15.0%	-15.9%	-4.5%
Annual Operating Margin	Dec 31, 25	9.59%	–	-2.3%	-13.8%	+24.4%
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 Operating Profit	Jun 30, 26	$229.94M	+119.1%	-13.3%	-11.6%	+8.8%
Quarterly Gross Margin	Jun 30, 26	27.50%	+1.2%	-4.3%	-0.6%	+8.0%
Quarterly Net Margin	Jun 30, 26	8.58%	+54.9%	-13.5%	-11.2%	-0.5%

Quarterly Operating Margin Highs

WSO Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	12.85%	N/A	-15.0%
3Y	12.99%	N/A	-15.9%
5Y	13.16%	Jun 30, 22	-17.0%
All	13.16%	Jun 30, 22	-17.0%

Quarterly Operating Margin Lows

WSO Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	6.09%	Dec 31, 25	+79.3%
3Y	6.09%	Dec 31, 25	+79.3%
5Y	6.09%	Dec 31, 25	+79.3%
All	-293.10%	Jan 1, 86	+103.7%

Quarterly Operating Margin History

Month	Value	Change
Jun 2026	10.92%	+59.4%
Mar 2026	6.85%	+12.5%
Dec 2025	6.09%	-44.2%
Sep 2025	10.92%	-15.0%
Jun 2025	12.85%	+83.6%
Mar 2025	7.00%	-5.0%
Dec 2024	7.37%	-34.0%
Sep 2024	11.17%	-7.8%
Jun 2024	12.11%	+56.3%
Mar 2024	7.75%	+21.5%
Dec 2023	6.38%	-45.2%
Sep 2023	11.64%	-10.4%
Jun 2023	12.99%	+24.8%
Mar 2023	10.41%	+24.5%
Dec 2022	8.36%	-25.8%
Sep 2022	11.27%	-14.4%
Jun 2022	13.16%	+19.9%
Mar 2022	10.98%	+38.6%
Dec 2021	7.92%	-29.7%
Sep 2021	11.26%	-1.5%
Jun 2021	11.43%	+67.3%
Mar 2021	6.83%	+15.0%
Dec 2020	5.94%	-40.1%
Sep 2020	9.92%	+7.5%
Jun 2020	9.23%	+113.7%
Mar 2020	4.32%	-7.9%
Dec 2019	4.69%	-46.2%
Sep 2019	8.71%	-9.1%
Jun 2019	9.58%	+66.9%
Mar 2019	5.74%	-0.3%
Dec 2018	5.76%	-36.4%
Sep 2018	9.06%	-10.0%
Jun 2018	10.07%	+73.6%
Mar 2018	5.80%	-8.7%
Dec 2017	6.35%	-30.8%
Sep 2017	9.17%	-8.8%
Jun 2017	10.05%	+78.8%
Mar 2017	5.62%	-11.6%
Dec 2016	6.36%	-33.8%
Sep 2016	9.60%	-2.2%
Jun 2016	9.82%	+67.0%
Mar 2016	5.88%	-2.0%
Dec 2015	6.00%	-35.4%
Sep 2015	9.29%	-8.0%
Jun 2015	10.10%	+79.1%
Mar 2015	5.64%	-5.7%
Dec 2014	5.98%	-34.1%
Sep 2014	9.08%	-7.3%
Jun 2014	9.79%	+110.5%
Mar 2014	4.65%	-3.3%
Dec 2013	4.81%	-46.3%
Sep 2013	8.96%	-3.0%
Jun 2013	9.24%	+28.0%
Mar 2013	7.22%	+64.8%
Dec 2012	4.38%	-48.1%
Sep 2012	8.44%	-1.3%
Jun 2012	8.55%	+164.7%
Mar 2012	3.23%	-36.5%
Dec 2011	5.09%	-37.6%
Sep 2011	8.16%	-4.6%
Jun 2011	8.55%	+173.2%
Mar 2011	3.13%	-5.7%
Dec 2010	3.32%	-57.8%
Sep 2010	7.87%	-4.0%
Jun 2010	8.20%	+371.3%
Mar 2010	1.74%	-34.1%
Dec 2009	2.64%	-52.8%
Sep 2009	5.59%	-13.9%
Jun 2009	6.49%	+1,301.9%
Mar 2009	-0.54%	-131.4%
Dec 2008	1.72%	-78.3%
Sep 2008	7.93%	-4.5%
Jun 2008	8.30%	+146.3%

Month	Value	Change
Mar 2008	3.37%	+13.5%
Dec 2007	2.97%	-63.2%
Sep 2007	8.07%	-3.8%
Jun 2007	8.39%	+78.1%
Mar 2007	4.71%	-5.0%
Dec 2006	4.96%	-47.6%
Sep 2006	9.46%	+2.7%
Jun 2006	9.21%	+66.2%
Mar 2006	5.54%	-1.4%
Dec 2005	5.62%	-33.2%
Sep 2005	8.41%	+0.4%
Jun 2005	8.38%	+83.4%
Mar 2005	4.57%	+23.5%
Dec 2004	3.70%	-50.5%
Sep 2004	7.47%	-13.7%
Jun 2004	8.66%	+104.7%
Mar 2004	4.23%	+42.9%
Dec 2003	2.96%	-53.7%
Sep 2003	6.39%	-4.9%
Jun 2003	6.72%	+129.4%
Mar 2003	2.93%	+244.7%
Dec 2002	0.85%	-86.3%
Sep 2002	6.19%	-4.3%
Jun 2002	6.47%	+150.8%
Mar 2002	2.58%	+130.4%
Dec 2001	1.12%	-82.2%
Sep 2001	6.30%	-4.7%
Jun 2001	6.61%	+175.4%
Mar 2001	2.40%	+187.3%
Dec 2000	-2.75%	-144.3%
Sep 2000	6.21%	-1.3%
Jun 2000	6.29%	+123.8%
Mar 2000	2.81%	-2.4%
Dec 1999	2.88%	-55.8%
Sep 1999	6.52%	+2.0%
Jun 1999	6.39%	+129.0%
Mar 1999	2.79%	-31.6%
Dec 1998	4.08%	-36.7%
Sep 1998	6.45%	+4.5%
Jun 1998	6.17%	+134.6%
Mar 1998	2.63%	-32.2%
Dec 1997	3.88%	-37.7%
Sep 1997	6.23%	-0.3%
Jun 1997	6.25%	+54.3%
Mar 1997	4.05%	+18.4%
Dec 1996	3.42%	-50.1%
Sep 1996	6.86%	+4.3%
Jun 1996	6.58%	+60.1%
Mar 1996	4.11%	+633.8%
Dec 1995	-0.77%	-110.7%
Sep 1995	7.19%	+11.0%
Jun 1995	6.48%	+50.3%
Mar 1995	4.31%	+30.6%
Dec 1994	3.30%	-54.5%
Sep 1994	7.25%	+22.1%
Jun 1994	5.94%	+56.3%
Mar 1994	3.80%	+42.3%
Dec 1993	2.67%	-56.0%
Sep 1993	6.07%	-2.4%
Jun 1993	6.22%	+60.3%
Mar 1993	3.88%	-1.3%
Dec 1992	3.93%	-47.9%
Sep 1992	7.55%	+39.3%
Jun 1992	5.42%	+175.1%
Mar 1992	1.97%	+100.9%
Dec 1991	-208.45%	-7,118.5%
Mar 1991	2.97%	+101.6%
Dec 1990	-191.58%	+33.8%
Dec 1989	-289.43%	-10.8%
Jan 1988	-261.11%	+4.1%
Jan 1987	-272.22%	+7.1%
Jan 1986	-293.10%	-17.2%
Jan 1985	-250.00%	-

FAQ

What is the current quarterly operating margin of WSO?: As of today, WSO quarterly operating margin is 10.92%
What is WSO quarterly operating margin most recent change?: WSO quarterly operating margin was up +59.42% on June 30, 2026
What is 1-year change in WSO quarterly operating margin?: WSO quarterly operating margin is down -15.02% year-over-year
How far is WSO quarterly operating margin from its all-time high?: WSO quarterly operating margin is currently -17.02% below its historical high of 13.16% set on June 30, 2022
How does WSO quarterly operating margin rank versus sector peers?: WSO quarterly operating margin is higher than 64.75% of companies in Industrials sector
When is WSO next earnings release?: The next earnings release for WSO is on October 28, 2026

Operating Margin Formula

Operating Profit Margin = Operating Income

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