Watts Water Technologies (WTS) Tax Rate (2009 - 2026)
Watts Water Technologies' (WTS) quarterly Tax Rate came in at 23.03% in Q2 2026, down 206.0% year-over-year from 21.73% in Q2 2025, and down 4.83% quarter-over-quarter from 24.2% in Q1 2026.
Analysis
Watts Water Technologies (WTS) Tax Rate (2009 - 2026) Analysis & Trends
Watts Water Technologies (WTS) has reported Tax Rate for 18 consecutive years, with 23.03% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 206.0% year-over-year to 23.03% in Q2 2026; TTM through Jun 2026 was 24.64%, a 172.0% decrease from a year earlier, with the FY2025 full-year figure at 23.55%, down 487.0% from the prior year.
- Tax Rate was 23.03% for Q2 2026 at Watts Water Technologies, down from 24.2% in the prior quarter.
- Over five years, Tax Rate peaked at 52.01% in Q4 2023 and troughed at 14.84% in Q1 2025.
- A 5-year average of 27.31% and a median of 25.12% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 1228 bps in 2023 and sank 1473 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 39.72% in 2022, then jumped by 31 bps to 52.01% in 2023, then dropped by 22 bps to 40.79% in 2024, then sank by 36 bps to 26.06% in 2025, then fell by 12 bps to 23.03% in 2026.
- The last three Tax Rate figures came in at 23.03% (Q2 2026), 24.2% (Q1 2026), and 26.06% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Parker-Hannifin | 117.96 Bn | 117.45 Bn | 2.25 Bn | 18.51% |
| 2 | Emerson Electric | 82.85 Bn | 80.67 Bn | 2.66 Bn | 21.62% |
| 3 | Ingersoll Rand | 28.47 Bn | 27.30 Bn | 862.60 Mn | 21.13% |
| 4 | Itt | 17.56 Bn | 16.97 Bn | 510.10 Mn | 36.02% |
| 5 | Idex | 16.38 Bn | 15.76 Bn | 426.80 Mn | 22.94% |
| 6 | Graco | 12.43 Bn | 11.93 Bn | 316.94 Mn | 20.13% |
| 7 | Watts Water Technologies | 11.74 Bn | 11.40 Bn | 374.10 Mn | 23.03% |
| 8 | Flowserve | 9.30 Bn | 8.57 Bn | 384.73 Mn | 14.41% |
| 9 | Pentair | 9.12 Bn | 9.03 Bn | 395.00 Mn | 12.46% |
| 10 | Enpro | 6.19 Bn | 6.11 Bn | 149.00 Mn | 17.63% |
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 | 40.79% |
| Sep 29, 2024 | 25.14% |
| Jun 30, 2024 | 25.11% |
| Mar 31, 2024 | 23.74% |
| Dec 31, 2023 | 52.01% |
| Sep 24, 2023 | 25.31% |
| Jun 25, 2023 | 24.55% |
| Mar 26, 2023 | 22.51% |
| Dec 31, 2022 | 39.72% |
| Sep 25, 2022 | 25.51% |
| Jun 26, 2022 | 26.01% |
| Mar 27, 2022 | 22.03% |
| Dec 31, 2021 | 47.87% |
| Sep 26, 2021 | 26.93% |