Watts Water Technologies
WTS
#2335
Rank
โ‚ฌ5.88 B
Marketcap
176,36ย โ‚ฌ
Share price
0.47%
Change (1 day)
5.58%
Change (1 year)

Operating Margin for Watts Water Technologies (WTS)

Operating Margin as of September 2024 (TTM): 16.67%

According to Watts Water Technologies 's latest financial reports and stock price the company's current Operating Margin is 16.67%. At the end of 2023 the company had an Operating Margin of 17.00%.

Operating Margin history for Watts Water Technologies from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202317.00%9.38%
202215.54%20.09%
202112.94%16.89%
202011.07%-3.66%
201911.49%2.98%
201811.16%13.58%
20179.82%7.49%
20169.14%-220.84%
2015-7.56%-237.76%
20145.49%-7.87%
20135.96%-15.12%
20127.02%-8.44%
20117.67%3.41%
20107.41%25.71%
20095.90%24.15%
20084.75%-42.3%
20078.23%-12.73%
20069.43%1.62%
20059.28%-1.45%
20049.42%12.55%
20038.37%2.59%
20028.16%11.5%
20017.32%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
8.71%-47.75%๐Ÿ‡บ๐Ÿ‡ธ USA
12.59%-24.48%๐Ÿ‡บ๐Ÿ‡ธ USA
16.92% 1.50%๐Ÿ‡บ๐Ÿ‡ธ USA
15.05%-9.72%๐Ÿ‡บ๐Ÿ‡ธ USA
0.35%-97.90%๐Ÿ‡บ๐Ÿ‡ธ USA
15.15%-9.09%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.