Watts Water Technologies (WTS) Gross Margin (2009 - 2026)
Watts Water Technologies (WTS) posted Gross Margin of 49.02% for Q2 2026, down 1.61 percentage points from 50.63% a year earlier but up 0.87 percentage points from the prior quarter.
Watts Water Technologies (WTS) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 28, 2026, Gross Margin at Watts Water Technologies was 48.85%, up 0.37 percentage points year-over-year; for FY2025, it came in at 49.46%, up 2.30 percentage points from FY2024.
- Annual Gross Margin has increased for five consecutive years, with a five-year change of +8.00 percentage points (FY2020 to FY2025).
- In prior years, Watts Water Technologies' Gross Margin was 47.15% in FY2024 (+0.42 pp), 46.73% in FY2023 (+2.56 pp), 44.17% in FY2022 (+1.77 pp) and 42.40% in FY2021 (+0.94 pp).
- Quarterly Gross Margin has run from a low of 42.06% in Q4 2021 to a high of 50.63% in Q2 2025 over five years.
- On a year-over-year basis, Gross Margin increased in six of the last eight quarters, with an average year-over-year change of +0.97 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2023, with a gain of 3.36 percentage points; the weakest was Q2 2026, with a drop of 1.61 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 48.15% (Q1 2026), 49.48% (Q4 2025) and 48.78% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 37.71% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 54.48% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 41.28% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 44.13% |
| 10 | Watts Water Technologies | 11.95 Bn | 10.37 Bn | 374.10 Mn | 49.02% |
Historic 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% |
Watts Water Technologies Gross Margin 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=gross-margin&ticker=WTS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=WTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();