Watts Water Technologies (WTS) Tax Rate (2009 - 2026)
Watts Water Technologies (WTS) posted quarterly Tax Rate of 24.2% for Q1 2026, up 936.0% year-over-year from 2.34% in Q1 2025, and up 401.05% quarter-over-quarter from 8.04% in Q4 2025.
Watts Water Technologies (WTS) Tax Rate (2009 - 2026) Analysis & Trends
Watts Water Technologies (WTS) has reported Tax Rate for 18 consecutive years, with 24.2% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 936.0% year-over-year to 24.2%; the TTM figure through Mar 2026 stood at 17.4% (down 148.0% YoY), while the FY2025 annual figure was 14.89%, down 612.0% from the prior year.
- Tax Rate advanced to 24.2% in Q1 2026 per WTS's latest filing, from 8.04% in the prior quarter.
- Across five years, Tax Rate topped out at 137.82% in Q4 2022 and bottomed at 17.27% in Q4 2023.
- Historically, Tax Rate has averaged 25.36% across 5 years, with a median of 24.55% in 2023.
- Annual changes were most pronounced in 2022 — Tax Rate surged 8579 bps — and 2023, when it plunged 15510 bps.
- Watts Water Technologies' Tax Rate stood at 137.82% in 2022, then sank by 113 bps to 17.27% in 2023, then surged by 150 bps to 8.65% in 2024, then plunged by 193 bps to 8.04% in 2025, then surged by 401 bps to 24.2% in 2026.
- Business Quant data shows WTS's Tax Rate at 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 | 256.94 Bn | 243.82 Bn | 2.36 Bn | 29.84% |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 28.06% |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 19.21% |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | 21.62% |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 25.14% |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 24.54% |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 17.36% |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 13.19% |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 21.13% |
| 10 | Watts Water Technologies | 12.55 Bn | 12.20 Bn | 374.10 Mn | 23.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 23.03% |
| Jun 28, 2026 | 23.03% |
| Jun 28, 2026 | 23.03% |
| 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% |