Watts Water Technologies (WTS) Dividend Coverage Ratio (2009 - 2026)
Watts Water Technologies' (WTS) Dividend Coverage Ratio was 5.55 for Q2 2026, down 3.1% from 5.73 a year earlier and down 2.4% from the prior quarter.
Watts Water Technologies (WTS) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 28, 2026, Watts Water Technologies' Dividend Coverage Ratio came in at 5.21, up 1.6% year-over-year; for FY2025, it came in at 5.09, down 2.9% from FY2024.
- Dividend Coverage Ratio has declined for three consecutive years.
- By year, Dividend Coverage Ratio came in at 5.25 in FY2024 (-6.9%), 5.64 in FY2023 (-11.5%), 6.37 in FY2022 (+31.8%) and 4.83 in FY2021 (+32.7%).
- Five-year quarterly Dividend Coverage Ratio spans a low of 4.56 in Q4 2021 and a high of 6.79 in Q4 2022.
- Year over year, Dividend Coverage Ratio gained in four of the last eight quarters, with an average decline of 1.8%.
- The high point for year-over-year Dividend Coverage Ratio in five years was Q2 2022 (growth of 60.6%); the low point was Q4 2023 (a decline of 32.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 5.69 (Q1 2026), 4.78 (Q4 2025) and 4.72 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 5.16 |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 5.76 |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 3.15 |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | - |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 2.31 |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 2.33 |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 1.76 |
| 10 | Watts Water Technologies | 11.95 Bn | 10.37 Bn | 374.10 Mn | 5.55 |
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 5.55 |
| Mar 29, 2026 | 5.69 |
| Dec 31, 2025 | 4.78 |
| Sep 28, 2025 | 4.72 |
| Jun 29, 2025 | 5.73 |
| Mar 30, 2025 | 5.14 |
| Dec 31, 2024 | 4.69 |
| Sep 29, 2024 | 4.80 |
| Jun 30, 2024 | 5.62 |
| Mar 31, 2024 | 6.00 |
| Dec 31, 2023 | 4.60 |
| Sep 24, 2023 | 5.44 |
| Jun 25, 2023 | 6.22 |
| Mar 26, 2023 | 6.41 |
| Dec 31, 2022 | 6.79 |
| Sep 25, 2022 | 5.81 |
| Jun 26, 2022 | 6.77 |
| Mar 27, 2022 | 6.06 |
| Dec 31, 2021 | 4.56 |
| Sep 26, 2021 | 5.27 |
Watts Water Technologies Dividend Coverage Ratio 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=dividend-coverage-ratio&ticker=WTS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "WTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=WTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();