Watts Water Technologies
WTS
$162.23
Share price
0.81%
Change (1 day)
14.31%
Change (1 year)
Operating Margin for Watts Water Technologies (WTS)
Operating Margin as of March 2023 (TTM): 15.53%
According to Watts Water Technologies 's latest financial reports and stock price the company's current Operating Margin is 15.53%. At the end of 2021 the company had an Operating Margin of 12.94%.
Operating Margin history for Watts Water Technologies from 2001 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 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% | -14.12% |
| 2012 | 6.94% | 8.94% |
| 2011 | 6.37% | -14.09% |
| 2010 | 7.41% | 25.71% |
| 2009 | 5.90% | 19.05% |
| 2008 | 4.95% | -39.82% |
| 2007 | 8.23% | -12.73% |
| 2006 | 9.43% | 1.62% |
| 2005 | 9.28% | -1.45% |
| 2004 | 9.42% | 12.99% |
| 2003 | 8.34% | 2.19% |
| 2002 | 8.16% | 11.5% |
| 2001 | 7.32% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Dover DOV | 17.71% | 14.04% | 🇺🇸 USA |
 Rexnord RXN | 15.15% | -2.42% | 🇺🇸 USA |
 Mueller Water Products
MWA | 7.93% | -48.94% | 🇺🇸 USA |
 Graham Corporation
GHM | -9.13% | -158.79% | 🇺🇸 USA |
 Curtiss-Wright
CW | 13.89% | -10.56% | 🇺🇸 USA |
 CIRCOR International CIR | 2.83% | -81.78% | 🇺🇸 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.