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
DateValue
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%