Watts Water Technologies Inc (WTS)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 47.16% | 47.14% | 46.95% | 46.88% | 46.73% | 45.95% | 45.50% | 44.96% | 44.17% | 43.81% | 43.32% | 42.60% | 42.40% | 42.39% | 42.07% | 41.34% | 41.46% | 41.60% | 41.97% | 42.40% |
| Operating profit margin | 17.40% | 17.06% | 17.09% | 17.07% | 17.25% | 16.88% | 16.68% | 16.51% | 15.91% | 15.91% | 15.36% | 13.53% | 13.24% | 13.31% | 12.87% | 12.53% | 12.00% | 11.56% | 11.53% | 12.43% |
| Pretax margin | 17.14% | 16.57% | 16.68% | 16.76% | 17.00% | 16.76% | 16.43% | 16.16% | 15.54% | 15.57% | 15.04% | 13.24% | 12.94% | 12.89% | 12.26% | 11.71% | 11.07% | 10.63% | 10.72% | 11.65% |
| Net profit margin | 12.93% | 12.37% | 12.44% | 12.53% | 12.75% | 13.68% | 13.43% | 13.16% | 12.71% | 11.43% | 10.98% | 9.60% | 9.16% | 8.90% | 8.47% | 8.06% | 7.58% | 7.76% | 7.67% | 8.31% |
Watts Water Technologies Inc has shown a consistent improvement in its profitability ratios over the past few years. The Gross Profit Margin has steadily increased from 42.40% in March 2020 to 47.16% by December 2024, indicating the company's ability to efficiently manage its production costs and pricing strategies.
The Operating Profit Margin has also demonstrated a positive trend, rising from 12.43% in March 2020 to 17.40% by December 2024. This suggests that the company has been effectively controlling its operating expenses and generating higher profits from its core business operations.
Moreover, the Pretax Margin has shown consistent growth, indicating an increase in operational efficiency and effective tax management. Starting at 11.65% in March 2020 and reaching 17.14% by December 2024, this ratio reflects the company's ability to generate profits before accounting for taxes.
Furthermore, the Net Profit Margin has displayed a significant improvement over the years, increasing from 8.31% in March 2020 to 12.93% by December 2024. This ratio highlights the company's ability to translate its revenues into net income after accounting for all expenses, including taxes.
Overall, the upward trends in Watts Water Technologies Inc's profitability ratios indicate strong financial performance and effective management of costs, operations, and taxes, ultimately leading to enhanced profitability for the company.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 16.35% | 16.06% | 15.91% | 15.78% | 15.36% | 16.82% | 16.60% | 16.49% | 16.31% | 16.46% | 15.24% | 13.21% | 12.91% | 12.42% | 11.57% | 10.81% | 10.42% | 10.18% | 10.61% | 11.21% |
| Return on assets (ROA) | 12.15% | 11.65% | 11.58% | 11.58% | 11.35% | 13.63% | 13.37% | 13.15% | 13.03% | 11.83% | 10.89% | 9.38% | 8.93% | 8.31% | 7.62% | 6.95% | 6.58% | 6.84% | 7.06% | 7.50% |
| Return on total capital | 23.46% | 23.09% | 23.72% | 24.11% | 23.76% | 23.79% | 23.77% | 24.39% | 24.22% | 25.78% | 25.01% | 23.31% | 22.14% | 21.93% | 21.22% | 18.94% | 17.97% | 18.09% | 17.53% | 19.70% |
| Return on equity (ROE) | 17.05% | 16.54% | 17.06% | 17.40% | 17.32% | 18.94% | 18.94% | 19.45% | 19.34% | 18.46% | 17.76% | 15.35% | 14.12% | 13.46% | 12.64% | 11.47% | 10.68% | 11.41% | 11.80% | 13.69% |
Watts Water Technologies Inc has shown a positive trend in its profitability ratios over the analyzed period.
- Operating return on assets (Operating ROA) increased steadily from 11.21% in March 2020 to 16.35% in December 2024, indicating the company's efficiency in generating operating income in relation to its total assets.
- Return on assets (ROA) also showed a consistent upward trend, starting at 7.50% in March 2020 and reaching 12.15% by December 2024, suggesting improved profitability in relation to the company's total assets.
- Return on total capital exhibited a similar uptrend, rising from 19.70% in March 2020 to 23.46% by December 2024, reflecting the company's ability to generate returns from both equity and debt capital.
- Return on equity (ROE) displayed a positive trajectory, climbing from 13.69% in March 2020 to 17.05% in December 2024, illustrating the company's ability to generate returns for its equity shareholders.
Overall, the increasing trend in profitability ratios indicates effective management of assets and capital by Watts Water Technologies Inc, leading to improved financial performance and shareholder value over the analyzed period.