Watts Water Technologies (WTS) Gross Margin (2009 - 2026)
Watts Water Technologies' (WTS) quarterly Gross Margin came in at 49.02% in Q2 2026, down 161.0% year-over-year from 80.36% in Q2 2025, and up 1.81% quarter-over-quarter from 48.15% in Q1 2026.
Analysis
Watts Water Technologies (WTS) Gross Margin (2009 - 2026) Analysis & Trends
Watts Water Technologies (WTS) has reported Gross Margin for 18 consecutive years, with 49.02% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 161.0% year-over-year to 49.02% in Q2 2026; TTM through Jun 2026 was 48.85%, a 37.0% increase from a year earlier, with the FY2025 full-year figure at 49.46%, up 230.0% from the prior year.
- Gross Margin was 49.02% for Q2 2026 at Watts Water Technologies, up from 48.15% 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 47.05% and a median of 47.08% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 336 bps in 2023 and plunged 161 bps in 2026, its largest moves.
- Over 5 years, Gross Margin stood at 43.55% in 2022, then rose by 7 bps to 46.68% in 2023, then gained by 0 bps to 46.74% in 2024, then grew by 6 bps to 49.48% in 2025, then declined by 1 bps to 49.02% in 2026.
- The last three Gross Margin figures came in at 49.02% (Q2 2026), 48.15% (Q1 2026), and 49.48% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Parker-Hannifin | 121.35 Bn | 120.86 Bn | 2.25 Bn | 39.04% |
| 2 | Emerson Electric | 85.23 Bn | 83.07 Bn | 2.66 Bn | 54.48% |
| 3 | Ingersoll Rand | 29.62 Bn | 28.51 Bn | 862.60 Mn | 42.10% |
| 4 | Itt | 18.27 Bn | 17.69 Bn | 510.10 Mn | 34.63% |
| 5 | Idex | 16.49 Bn | 15.87 Bn | 426.80 Mn | 46.36% |
| 6 | Graco | 12.61 Bn | 12.10 Bn | 316.94 Mn | 53.67% |
| 7 | Watts Water Technologies | 12.13 Bn | 11.78 Bn | 374.10 Mn | 49.02% |
| 8 | Flowserve | 9.74 Bn | 9.08 Bn | 384.73 Mn | 32.91% |
| 9 | Pentair | 9.61 Bn | 9.52 Bn | 395.00 Mn | 42.35% |
| 10 | Enpro | 6.28 Bn | 6.20 Bn | 149.00 Mn | 43.98% |
Historic Data
Download Data
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% |