Watts Water Technologies (WTS) Tax Rate (2009 - 2026)
Watts Water Technologies (WTS) recorded Tax Rate of 23.03% in Q2 2026, down 2.06 percentage points from 25.09% a year earlier and down 1.17 percentage points from the prior quarter.
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Analysis
Watts Water Technologies (WTS) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Watts Water Technologies' Tax Rate came in at 24.64% as of Jun 28, 2026, up 1.98 percentage points year-over-year; for FY2025, it came in at 23.55%, down 1.01 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -8.00 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 24.56% in FY2024 (-0.45 pp), 25.01% in FY2023 (+6.77 pp), 18.24% in FY2022 (-10.98 pp) and 29.22% in FY2021 (-2.34 pp).
- The Q2 2026 figure is the lowest quarterly Tax Rate since Q1 2025.
- On a year-over-year basis, Tax Rate rose in three of the last eight quarters, with an average year-over-year change of -0.36 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 33.97 percentage points in Q4 2023, against a drop of 40.29 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 24.20% (Q1 2026), 26.06% (Q4 2025) and 25.95% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 24.54% |
| 10 | Watts Water Technologies | 12.12 Bn | 10.53 Bn | 374.10 Mn | 23.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 23.03% |
| Mar 29, 2026 | 24.20% |
| Dec 31, 2025 | 26.06% |
| Sep 28, 2025 | 25.95% |
| Jun 29, 2025 | 25.09% |
| Mar 30, 2025 | 14.84% |
| Dec 31, 2024 | 24.04% |
| Sep 29, 2024 | 25.14% |
| Jun 30, 2024 | 25.11% |
| Mar 31, 2024 | 23.74% |
| Dec 31, 2023 | 27.94% |
| Sep 24, 2023 | 25.31% |
| Jun 25, 2023 | 24.55% |
| Mar 26, 2023 | 22.51% |
| Sep 25, 2022 | 25.51% |
| Jun 26, 2022 | 26.01% |
| Mar 27, 2022 | 22.03% |
| Dec 31, 2021 | 34.26% |
| Sep 26, 2021 | 26.93% |
| Jun 27, 2021 | 27.47% |
API Access
Watts Water Technologies Tax Rate 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=tax-rate&ticker=WTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=WTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();