Watts Water Technologies Inc (WTS)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 291,200 | 279,400 | 276,100 | 270,000 | 262,100 | 275,000 | 267,900 | 261,700 | 251,500 | 223,000 | 210,700 | 178,500 | 165,700 | 154,800 | 141,300 | 124,000 | 114,300 | 116,900 | 116,300 | 132,500 |
| Total stockholders’ equity | US$ in thousands | 1,707,900 | 1,689,100 | 1,618,200 | 1,551,800 | 1,513,300 | 1,452,000 | 1,414,300 | 1,345,800 | 1,300,600 | 1,207,700 | 1,186,500 | 1,162,500 | 1,173,200 | 1,150,100 | 1,117,900 | 1,081,200 | 1,069,800 | 1,024,600 | 985,200 | 967,800 |
| 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $291,200K ÷ $1,707,900K
= 17.05%
Watts Water Technologies Inc's return on equity (ROE) has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024. The ROE started at 13.69% in March 2020 and gradually decreased to 10.68% by December 2020. Subsequently, there was a gradual increase in ROE, reaching 14.12% by December 2021.
From then on, there was a more significant increase in ROE, with steady growth observed up to June 2022, where it peaked at 17.76%. However, it slightly declined in the following quarters but maintained a relatively stable range between 16% to 19%, showing reasonable profitability and efficiency in utilizing shareholder equity.
Overall, the trend in ROE indicates that Watts Water Technologies Inc has been able to effectively generate a return for its shareholders during the analyzed period. The company's ROE performance suggests that it has been efficiently utilizing its equity capital to generate profits for its investors.
Peer comparison
Dec 31, 2024