Watts Water Technologies (WTS) Gross Margin (2009 - 2026)
Watts Water Technologies' (WTS) quarterly Gross Margin came in at 48.15% in Q1 2026, down 69.0% year-on-year from 155.31% in Q1 2025, and down 2.69% on a QoQ basis from 49.48% in Q4 2025.
Watts Water Technologies (WTS) Gross Margin (2009 - 2026) Analysis & Trends
Watts Water Technologies (WTS) has 18 years of Gross Margin data on file, last reported at 48.15% in Q1 2026.
- On a quarterly basis, Gross Margin fell 69.0% year-over-year to 48.15% in Q1 2026; TTM through Mar 2026 was 49.25%, a 160.0% increase from a year earlier, with the FY2025 full-year figure at 49.46%, up 230.0% from the prior year.
- Gross Margin for Q1 2026 stood at 48.15%, down from 49.48% in the prior quarter.
- Over the last five years, Gross Margin for WTS reached as high as 50.63% in Q2 2025 and fell as low as 42.88% in Q1 2022.
- Historically, Gross Margin has averaged 46.93% across 5 years, with a median of 46.86% in 2024.
- Across the five-year window, Gross Margin soared 336 bps in 2023 and tumbled 69 bps in 2026, its largest moves.
- Year by year, Gross Margin stood at 43.55% in 2022, then climbed by 7 bps to 46.68% in 2023, then increased by 0 bps to 46.74% in 2024, then advanced by 6 bps to 49.48% in 2025, then dropped by 3 bps to 48.15% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 48.15% in Q1 2026, 49.48% in Q4 2025, and 48.78% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 21.25% |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 35.59% |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 36.77% |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 26.71% |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 53.09% |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 43.82% |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 37.21% |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 50.25% |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 42.90% |
| 10 | Watts Water Technologies | 11.55 Bn | 11.17 Bn | 326.10 Mn | 48.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 27, 2021 | 42.85% |