Watts Water Technologies (WTS) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 48.1%
EBITDA Margin: 21.9%
Op. Margin: 19.6%
Net Margin: 14.7%

Op. margin of 19.6% is up 3.9% YoY — cost efficiency is improving. Net margin at 14.7% and gross margin of 48.1% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit