According to Watts Water Technologies 's latest financial reports and stock price the company's current Operating Margin is 16.56%. At the end of 2023 the company had an Operating Margin of 17.00%.
Year | Operating Margin | Change |
---|---|---|
2023 | 17.00% | 9.38% |
2022 | 15.54% | 20.09% |
2021 | 12.94% | 16.89% |
2020 | 11.07% | -3.66% |
2019 | 11.49% | 2.98% |
2018 | 11.16% | 13.58% |
2017 | 9.82% | 7.49% |
2016 | 9.14% | -220.84% |
2015 | -7.56% | -237.76% |
2014 | 5.49% | -7.87% |
2013 | 5.96% | -15.12% |
2012 | 7.02% | -8.44% |
2011 | 7.67% | 3.41% |
2010 | 7.41% | 25.71% |
2009 | 5.90% | 24.15% |
2008 | 4.75% | -42.3% |
2007 | 8.23% | -12.73% |
2006 | 9.43% | 1.62% |
2005 | 9.28% | -1.45% |
2004 | 9.42% | 12.55% |
2003 | 8.37% | 2.59% |
2002 | 8.16% | 11.5% |
2001 | 7.32% |
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.