Watts Water Technologies (WTS) Gross Margin (2009 - 2026)
Watts Water Technologies (WTS) reported 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 18 years of Gross Margin data on file, last reported at 48.15% in Q1 2026.
- Gross Margin for Q1 2026 came in at 48.15%, down 69.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 49.25% (up 160.0% YoY), and the FY2025 annual result was 49.46%, up 230.0% from the prior year.
- Gross Margin fell to 48.15% in Q1 2026 per WTS's latest filing, from 49.48% in the prior quarter.
- Over five years, Gross Margin peaked at 50.63% in Q2 2025 and troughed at 42.88% in Q1 2022.
- A 5-year average of 46.93% and a median of 46.86% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2026: Gross Margin surged 336 bps in 2023, then sank 69 bps in 2026.
- A 5-year view of Gross Margin shows it stood at 43.55% in 2022, then gained by 7 bps to 46.68% in 2023, then advanced by 0 bps to 46.74% in 2024, then increased by 6 bps to 49.48% in 2025, then retreated 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 19.07% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 35.59% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 36.77% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 26.71% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 53.09% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 43.82% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 37.21% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 50.25% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 38.86% |
| 10 | Watts Water Technologies | 10.53 Bn | 10.15 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% |