Watts Water Technologies profit margin WTS
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 14.3%
- Operating margin, 12 months
- 19.1%
- Net margin on a year earlier
- +0.7 pts
- Peer median
- 11.8%
Over the twelve months to Jun 28, 2026, Watts Water Technologies kept 14.3% of its revenue as net profit, with an operating margin of 19.1% and a gross margin of 48.9%.
Five years earlier its net margin was 8.5%.
The median for 10 industrial machinery stocks of a similar size is 11.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 14.0% | 18.4% | 49.5% |
| FY2024 | 12.9% | 17.3% | 47.2% |
| FY2023 | 12.7% | 17.1% | 46.7% |
| FY2022 | 12.7% | 15.9% | 44.2% |
| FY2021 | 9.2% | 13.2% | 42.4% |
| FY2020 | 7.6% | 12.0% | 41.5% |
| FY2019 | 8.2% | 12.3% | 42.3% |
| FY2018 | 8.2% | 12.0% | 42.0% |
| FY2017 | 5.0% | 11.1% | 41.4% |
| FY2016 | 6.0% | 10.4% | 40.4% |
| FY2015 | −7.7% | −6.1% | 37.7% |
| FY2014 | 3.3% | 7.0% | 35.8% |
| FY2013 | 4.0% | 7.6% | 35.7% |
| FY2012 | 4.8% | 8.6% | 36.0% |
| FY2011 | 4.6% | 8.2% | 35.9% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 14.3% | +0.7 pts | 19.1% | |
| Q1 FY26 | 14.3% | +1.3 pts | 19.3% | |
| Q4 FY25 | 14.0% | +1.0 pts | 18.4% | |
| Q3 FY25 | 13.8% | +1.4 pts | 18.0% | |
| Q2 FY25 | 13.6% | +1.2 pts | 17.7% | |
| Q1 FY25 | 13.1% | +0.5 pts | 17.0% | |
| Q4 FY24 | 12.9% | +0.2 pts | 17.3% | |
| Q3 FY24 | 12.4% | −1.3 pts | 16.8% | |
| Q2 FY24 | 12.4% | −1.0 pts | 16.8% | |
| Q1 FY24 | 12.5% | −0.6 pts | 16.8% | |
| Q4 FY23 | 12.7% | +0.0 pts | 17.1% | |
| Q3 FY23 | 13.7% | +2.2 pts | 16.9% |
Against its peers
Companies in Industrial - Machinery nearest Watts Water Technologies' size, closest first, today.
| Company | Profit margin |
|---|---|
| WTSWatts Water Technologies | 14.3% |
| BWXTBWX Technologies | 10.1% |
| LIILennox International | 14.9% |
| GGGGraco | 23.5% |
| MOG-AMoog | 8.7% |
| CRCrane | 13.0% |
| LECOLincoln Electric | 12.4% |
| TTCToro | 7.6% |
| RRXRegal Rexnord | 5.4% |
| DCIDONALDSON Co INC | 11.7% |
| ONTOOnto Innovation | 11.8% |
| Peer median | 11.8% |
Where Watts Water Technologies ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Watts Water Technologies
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.