Watts Water Technologies (WTS) Tax Rate (2009 - 2026)
Watts Water Technologies (WTS) reported Tax Rate of 24.2% for Q1 2026, up 936.0% year-over-year from 2.34% in Q1 2025, and up 515.93% quarter-over-quarter from 3.93% 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.
- Tax Rate for Q1 2026 came in at 24.2%, up 936.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 58.63% (down 3439.0% YoY), and the FY2025 annual result was 65.74%, down 2907.0% from the prior year.
- Tax Rate improved to 24.2% in Q1 2026 per WTS's latest filing, from 3.93% in the prior quarter.
- Over five years, Tax Rate peaked at 39.72% in Q4 2022 and troughed at 26.64% in Q4 2023.
- A 5-year average of 18.06% and a median of 24.55% in 2023 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 7687 bps in 2022, then tumbled 6636 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 39.72% in 2022, then sank by 167 bps to 26.64% in 2023, then gained by 25 bps to 20.02% in 2024, then jumped by 120 bps to 3.93% in 2025, then jumped by 516 bps to 24.2% in 2026.
- Business Quant data shows WTS's Tax Rate at 24.2% in Q1 2026, 3.93% 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 | 251.14 Bn | 242.11 Bn | 1.78 Bn | 6.94% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 21.68% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 19.21% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 27.19% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 22.07% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 20.58% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 18.99% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 20.23% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 20.12% |
| 10 | Watts Water Technologies | 10.53 Bn | 10.15 Bn | 326.10 Mn | 24.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 24.20% |
| Mar 29, 2026 | 24.20% |
| Dec 31, 2025 | 3.93% |
| Dec 31, 2025 | 3.93% |
| Sep 28, 2025 | 25.95% |
| Sep 28, 2025 | 25.95% |
| Jun 29, 2025 | 25.09% |
| Jun 29, 2025 | 25.09% |
| Mar 30, 2025 | 14.84% |
| Mar 30, 2025 | 14.84% |
| Dec 31, 2024 | -20.02% |
| Dec 31, 2024 | -20.02% |
| Sep 29, 2024 | 25.14% |
| Sep 29, 2024 | 25.14% |
| Jun 30, 2024 | 25.11% |
| Jun 30, 2024 | 25.11% |
| Mar 31, 2024 | 23.74% |
| Mar 31, 2024 | 23.74% |
| Dec 31, 2023 | -26.64% |
| Dec 31, 2023 | -26.64% |