WTS Watts Water Technologies margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 90

Gross margin

50.5%

Operating margin

21.2%

EBITDA margin

23.8%

Net margin

16%

Based on the latest figures, Watts Water Technologies reports a gross margin of 50.5%, an operating margin of 21.2%, an EBITDA margin of 23.8%, and a net margin of 16%. Operating margin had the largest improvement, gaining by 3.2 percentage points, while the other available margins also increased.

WTS margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Watts Water Technologies recorded average margins of 48.16% gross, 17.96% operating, 20.68% EBITDA, and 13.5% net. The current gross, operating, EBITDA, and net margins are all above their three-year averages.

WTS margin expansion

Year-over-year margin changes in percentage points

The biggest expansion was in operating margin, which rose by 3.2 percentage points. The other available margins also improved.

Gross margin expansion

1.7pp

Operating margin expansion

3.2pp

EBITDA margin expansion

3pp

Net margin expansion

2.2pp

WTS Gross margin

The average gross margin for Watts Water Technologies was 48.16% during the last 3 years. As of the latest period, Watts Water Technologies's current gross margin is 50.5%, which is 2.3 percentage points above its three-year average. The gross margin for Watts Water Technologies moved between 46.7% in Dec 2023 and 50.5% in Sep 2026.

WTS Operating margin

Watts Water Technologies recorded an average operating margin of 17.96% across the last 3 years. The latest operating margin for Watts Water Technologies is 21.2%, 3.2 percentage points above its three-year average. Watts Water Technologies's operating margin ranged from a low of 16.8% in Mar 2024 to a high of 21.2% in Sep 2026.

WTS EBITDA margin

Over the last 3 years, the average EBITDA margin for Watts Water Technologies was 20.68%. The current EBITDA margin stands at 23.8%, 3.1 percentage points above its three-year average. Watts Water Technologies's EBITDA margin ranged from a low of 19.1% in Jun 2024 to a high of 23.8% in Sep 2026.

WTS Net margin

Watts Water Technologies's net margin averaged 13.5% over the last 3 years. The current net margin stands at 16%, 2.5 percentage points above its three-year average. Over the last 3 years, Watts Water Technologies's net margin peaked at 16% in Sep 2026 and reached a low of 12.4% in Jun 2024.

WTS margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 50.5%, WTS stands above the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 32.5%, Watts Water Technologies's gross margin is 55% higher.

WTS margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Watts Water Technologies's gross margin?

For the period ending Sep 27, 2026, WTS recorded a gross margin of 50.5%.

What is Watts Water Technologies's operating margin?

For the period ending Sep 27, 2026, WTS recorded an operating margin of 21.2%.

What is Watts Water Technologies's EBITDA margin?

As of Sep 27, 2026, WTS has an EBITDA margin of 23.8%.

What is Watts Water Technologies's net margin?

For the period ending Sep 27, 2026, WTS recorded a net margin of 16%.

What are the average margins of WTS?

Watts Water Technologies's gross, operating, EBITDA, and net margins averaged 48.2% gross, 18.0% operating, 20.7% EBITDA, and 13.5% net over the last 3 years.

What are the highest historical margins of WTS?

Within the 5-year period, WTS recorded its highest margins at 50.5% gross in Sep 2026, 21.2% operating in Sep 2026, 23.8% EBITDA in Sep 2026, and 16% net in Sep 2026.

What are the lowest historical margins of WTS?

Across the 5-year period, WTS posted its lowest margins at 42.4% gross in Dec 2021, 13.2% operating in Dec 2021, 15.8% EBITDA in Dec 2021, and 9.2% net in Dec 2021.