Watts Water Technologies (WTS) Operating Margin (2009 - 2026)
Watts Water Technologies' Operating Margin came in at 20.18% for Q2 2026, down 0.84 percentage points from 21.02% a year earlier but up 0.54 percentage points from the prior quarter.
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Analysis
Watts Water Technologies (WTS) Operating Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 28, 2026, Watts Water Technologies reported Operating Margin of 19.13%, up 1.40 percentage points year-over-year; for FY2025, it was 18.38%, up 1.04 percentage points from FY2024.
- Operating Margin has increased in each of the last five years, with a five-year change of +6.37 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 17.33% in FY2024 (+0.27 pp), 17.06% in FY2023 (+1.15 pp), 15.91% in FY2022 (+2.67 pp) and 13.24% in FY2021 (+1.24 pp).
- The five-year range for quarterly Operating Margin is 13.21% (Q4 2021) to 21.02% (Q2 2025).
- Year-over-year, Operating Margin increased in five of the last eight quarters, with an average year-over-year change of +1.12 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q2 2022 (a gain of 6.93 percentage points), and the weakest in Q1 2025 (a drop of 1.22 percentage points).
- Business Quant data shows WTS's Operating Margin at 19.64% (Q1 2026), 18.19% (Q4 2025) and 18.21% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 20.91% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 29.51% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 14.72% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 16.32% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 23.86% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 19.48% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 26.92% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 15.14% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 26.67% |
| 10 | Watts Water Technologies | 11.95 Bn | 10.37 Bn | 374.10 Mn | 20.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 20.18% |
| Mar 29, 2026 | 19.64% |
| Dec 31, 2025 | 18.19% |
| Sep 28, 2025 | 18.21% |
| Jun 29, 2025 | 21.02% |
| Mar 30, 2025 | 15.72% |
| Dec 31, 2024 | 16.47% |
| Sep 29, 2024 | 17.14% |
| Jun 30, 2024 | 18.67% |
| Mar 31, 2024 | 16.94% |
| Dec 31, 2023 | 14.37% |
| Sep 24, 2023 | 17.27% |
| Jun 25, 2023 | 18.84% |
| Mar 26, 2023 | 17.96% |
| Dec 31, 2022 | 13.39% |
| Sep 25, 2022 | 16.48% |
| Jun 26, 2022 | 18.21% |
| Mar 27, 2022 | 15.44% |
| Dec 31, 2021 | 13.21% |
| Sep 26, 2021 | 14.22% |
API Access
Watts Water Technologies Operating 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=operating-margin&ticker=WTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=WTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();