Watts Water Technologies
WTS
#2136
Rank
$6.66 B
Marketcap
$199.63
Share price
0.77%
Change (1 day)
23.81%
Change (1 year)

Operating Margin for Watts Water Technologies (WTS)

Operating Margin as of April 2024 (TTM): 16.42%

According to Watts Water Technologies 's latest financial reports and stock price the company's current Operating Margin is 16.42%. At the end of 2022 the company had an Operating Margin of 15.54%.

Operating Margin history for Watts Water Technologies from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
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%-14.12%
20126.94%8.94%
20116.37%-14.09%
20107.41%22.82%
20096.04%-6.58%
20086.46%-21.51%
20078.23%-12.73%
20069.43%1.62%
20059.28%-1.45%
20049.42%12.99%
20038.34%2.19%
20028.16%11.5%
20017.32%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
15.13%-7.86%๐Ÿ‡บ๐Ÿ‡ธ USA
15.15%-7.71%๐Ÿ‡บ๐Ÿ‡ธ USA
7.59%-53.78%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.13%-155.60%๐Ÿ‡บ๐Ÿ‡ธ USA
15.47%-5.79%๐Ÿ‡บ๐Ÿ‡ธ USA
8.71%-46.95%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.