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WTSWatts Water Technologies, Inc.
$343.89$11.5B
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Watts Water Technologies, Inc. (WTS) Quarterly Financial Ratios

Last 48 quarters of trend data · Industrials · Industrial - Machinery

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Watts Water Technologies, Inc.'s quarterly P/E stands at 24.2x, up 4.7% year-over-year. EV/EBITDA has expanded 7.5% YoY to 17.7x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →33.8124.1627.4928.4120.4323.0725.1625.1818.7124.4931.1921.9819.37
—+4.7%+9.3%+12.8%+9.2%-5.8%-19.3%+14.6%-3.4%+17.9%+74.9%+25.6%+29.3%
P/S Ratio4.713.553.693.813.203.063.153.202.573.123.192.862.76
—+15.9%+17.0%+19.2%+24.5%-1.8%-1.1%+11.7%-6.9%+9.6%+30.6%+36.1%+39.5%
P/B Ratio5.684.594.554.774.353.863.994.123.804.594.613.984.16
—+19.0%+14.0%+15.8%+14.7%-16.0%-13.5%+3.5%-8.8%+15.0%+22.4%+17.0%+18.4%
P/FCF32.23364.2016.4321.0334.6237.4613.3520.6219.5650.1417.5915.5224.27
—+872.1%+23.0%+2.0%+77.0%-25.3%-24.1%+32.8%-19.4%+5.7%+86.4%-48.1%-8.2%
EV / EBITDA21.3317.7417.3816.1613.4616.5016.1315.9812.2516.2918.9914.1112.85
—+7.5%+7.8%+1.1%+9.9%+1.3%-15.0%+13.3%-4.6%+18.5%+22.4%+25.9%+31.5%
EV / EBIT23.9017.7419.4419.9414.6818.6818.0317.8813.4718.0321.3615.4213.91
—-5.0%+7.8%+11.5%+8.9%+3.6%-15.6%+16.0%-3.1%+17.7%+20.3%+22.4%+31.1%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Watts Water Technologies, Inc.'s operating margin was 19.6% in Q1 2026, up 1.3 pp QoQ and up 3.9 pp YoY.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin49.5%48.1%49.5%48.8%50.6%48.8%46.7%47.3%47.7%46.9%46.7%46.5%47.4%
—-1.4%+5.8%+3.1%+6.2%+4.2%+0.1%+1.8%+0.5%+1.3%+7.2%+4.1%+4.5%
Operating Margin19.3%19.6%18.4%18.5%21.0%15.7%16.5%17.1%18.7%16.9%14.4%17.3%18.8%
—+24.9%+11.5%+8.0%+12.6%-7.2%+14.6%-0.7%-0.9%-5.7%+7.4%+4.8%+3.5%
Net Margin14.0%14.7%13.4%13.4%15.7%13.3%12.5%12.7%13.7%12.7%10.2%13.0%14.2%
—+10.9%+7.0%+5.7%+14.2%+4.3%+23.0%-2.6%-3.6%-7.3%-25.6%+8.4%+7.6%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE18.2%4.8%4.2%4.3%5.5%4.3%4.0%4.2%5.2%4.7%3.8%4.6%5.5%
—+13.6%+5.6%+2.2%+6.4%-10.2%+5.9%-9.0%-5.9%-3.1%-31.3%-6.4%-7.3%
ROA12.9%3.4%3.0%3.1%3.9%3.0%2.8%2.9%3.5%3.1%2.6%3.3%3.8%
—+13.2%+5.9%+5.9%+12.8%-3.4%+9.5%-11.7%-8.5%-5.2%-28.4%+6.5%+4.6%
ROIC21.2%5.3%4.9%5.0%6.1%4.2%4.3%4.4%5.2%4.7%4.5%5.4%6.3%
—+27.8%+14.3%+13.7%+15.7%-11.9%-3.8%-19.3%-16.5%-13.5%+2.0%+4.8%+0.1%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Watts Water Technologies, Inc.'s Debt/EBITDA ratio is 1.5x — comfortably within a safe range. The current ratio has improved 10.3% YoY to 2.72x, strengthening the short-term liquidity position. Debt/Equity has declined for 10 consecutive quarters, reflecting a deleveraging trend.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity0.100.090.100.100.100.110.120.130.160.180.200.070.07
—-15.2%-15.5%-19.5%-34.8%-39.1%-41.5%+85.4%+130.7%+66.4%+73.7%-55.2%-59.3%
Debt / EBITDA0.371.491.531.411.321.941.921.972.072.583.271.010.89
—-23.5%-20.6%-28.7%-36.4%-24.5%-41.3%+96.2%+134.0%+65.1%+69.1%-50.0%-53.6%
Current Ratio2.512.722.512.832.592.462.592.552.502.482.612.742.53
—+10.3%-3.2%+11.0%+3.7%-0.6%-0.8%-6.8%-1.1%-3.1%+4.2%+10.7%+10.0%
Quick Ratio1.491.621.491.841.631.531.651.551.491.441.631.721.49
—+6.0%-10.1%+19.3%+9.3%+6.4%+1.5%-10.3%+0.6%-6.9%+7.4%+26.8%+16.7%
Interest Coverage42.2851.1542.9342.1150.8933.1932.7926.6427.7123.6721.3474.4260.18
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Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

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WTS — Frequently Asked Questions

Quick answers to the most common questions about buying WTS stock.

What is Watts Water Technologies, Inc.'s quarterly P/E ratio trend?

Watts Water Technologies, Inc.'s current P/E is 33.8x. The average P/E over the last 4 quarters is 25.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Watts Water Technologies, Inc.'s margins change by quarter?

Watts Water Technologies, Inc.'s current operating margin is 19.3%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at WTS quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Watts Water Technologies, Inc.'s business trajectory between earnings reports.