Watts Water Technologies (WTS) Gross Margin (2009 - 2026)
Watts Water Technologies (WTS) posted quarterly Gross Margin of 48.15% for Q1 2026, down 69.0% year-over-year from 155.31% in Q1 2025, and down 2.69% quarter-over-quarter from 49.48% in Q4 2025.
Watts Water Technologies (WTS) Gross Margin (2009 - 2026) Analysis & Trends
Watts Water Technologies (WTS) has reported Gross Margin for 18 consecutive years, with 48.15% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 69.0% year-over-year to 48.15%; the TTM figure through Mar 2026 stood at 49.25% (up 160.0% YoY), while the FY2025 annual figure was 49.46%, up 230.0% from the prior year.
- Gross Margin eased to 48.15% in Q1 2026 per WTS's latest filing, from 49.48% in the prior quarter.
- Across five years, Gross Margin topped out at 50.63% in Q2 2025 and bottomed at 42.88% in Q1 2022.
- Historically, Gross Margin has averaged 46.93% across 5 years, with a median of 46.86% in 2024.
- Annual changes were most pronounced in 2023 — Gross Margin surged 336 bps — and 2026, when it sank 69 bps.
- Watts Water Technologies' Gross Margin stood at 43.55% in 2022, then gained by 7 bps to 46.68% in 2023, then climbed by 0 bps to 46.74% in 2024, then rose by 6 bps to 49.48% in 2025, then decreased by 3 bps to 48.15% in 2026.
- Business Quant data shows WTS's Gross Margin at 48.15% in Q1 2026, 49.48% in Q4 2025, and 48.78% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 21.25% |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 33.47% |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 36.77% |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 54.48% |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 26.07% |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 44.13% |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 35.95% |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 49.46% |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 42.10% |
| 10 | Watts Water Technologies | 12.40 Bn | 12.06 Bn | 374.10 Mn | 49.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 49.02% |
| Mar 29, 2026 | 48.15% |
| Dec 31, 2025 | 49.48% |
| Sep 28, 2025 | 48.78% |
| Jun 29, 2025 | 50.63% |
| Mar 30, 2025 | 48.84% |
| Dec 31, 2024 | 46.74% |
| Sep 29, 2024 | 47.30% |
| Jun 30, 2024 | 47.68% |
| Mar 31, 2024 | 46.86% |
| Dec 31, 2023 | 46.68% |
| Sep 24, 2023 | 46.48% |
| Jun 25, 2023 | 47.45% |
| Mar 26, 2023 | 46.24% |
| Dec 31, 2022 | 43.55% |
| Sep 25, 2022 | 44.67% |
| Jun 26, 2022 | 45.42% |
| Mar 27, 2022 | 42.88% |
| Dec 31, 2021 | 42.06% |
| Sep 26, 2021 | 42.64% |