Watts Water Technologies (WTS) Tax Rate (2009 - 2026)
Watts Water Technologies' (WTS) quarterly Tax Rate came in at 24.2% in Q1 2026, up 936.0% year-on-year from 2.34% in Q1 2025, and up 401.05% on a QoQ basis from 8.04% in Q4 2025.
Watts Water Technologies (WTS) Tax Rate (2009 - 2026) Analysis & Trends
Watts Water Technologies (WTS) has 18 years of Tax Rate data on file, last reported at 24.2% in Q1 2026.
- On a quarterly basis, Tax Rate rose 936.0% year-over-year to 24.2% in Q1 2026; TTM through Mar 2026 was 17.4%, a 148.0% decrease from a year earlier, with the FY2025 full-year figure at 14.89%, down 612.0% from the prior year.
- Tax Rate for Q1 2026 stood at 24.2%, up from 8.04% in the prior quarter.
- Over the last five years, Tax Rate for WTS reached as high as 137.82% in Q4 2022 and fell as low as 17.27% in Q4 2023.
- Historically, Tax Rate has averaged 25.36% across 5 years, with a median of 24.55% in 2023.
- Across the five-year window, Tax Rate soared 8579 bps in 2022 and slumped 15510 bps in 2023, its largest moves.
- Year by year, Tax Rate stood at 137.82% in 2022, then sank by 113 bps to 17.27% in 2023, then jumped by 150 bps to 8.65% in 2024, then plunged by 193 bps to 8.04% in 2025, then jumped by 401 bps to 24.2% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 24.2% in Q1 2026, 8.04% in Q4 2025, and 25.95% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 29.84 |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 21.68 |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 19.21 |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 27.19 |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 22.07 |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 20.58 |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 18.99 |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 20.23 |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 15.70 |
| 10 | Watts Water Technologies | 11.55 Bn | 11.17 Bn | 326.10 Mn | 24.20 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 24.20 |
| Mar 29, 2026 | 24.20 |
| Mar 29, 2026 | 24.20 |
| Dec 31, 2025 | -8.04 |
| Dec 31, 2025 | -8.04 |
| Dec 31, 2025 | -8.04 |
| Sep 28, 2025 | 25.95 |
| Sep 28, 2025 | 25.95 |
| Sep 28, 2025 | 25.95 |
| Jun 29, 2025 | 25.09 |
| Jun 29, 2025 | 25.09 |
| Jun 29, 2025 | 25.09 |
| Mar 30, 2025 | 14.84 |
| Mar 30, 2025 | 14.84 |
| Mar 30, 2025 | 14.84 |
| Dec 31, 2024 | 8.65 |
| Dec 31, 2024 | 8.65 |
| Dec 31, 2024 | 8.65 |
| Sep 29, 2024 | 25.14 |
| Sep 29, 2024 | 25.14 |