WATTS WATER TECHNOLOGIES INC Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Watts Water Technologies Inc quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Watts Water Technologies Inc Operating Margin for the quarter ending September 29, 2024 was 16.8 %, a 0.36% decline year-over-year.
  • Watts Water Technologies Inc annual Operating Margin for 2023 was 17.1 %, a 7.23% increase from 2022.
  • Watts Water Technologies Inc annual Operating Margin for 2022 was 15.9 %, a 20.2% increase from 2021.
  • Watts Water Technologies Inc annual Operating Margin for 2021 was 13.2 %, a 10.3% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 17.1 +1.15 +7.23% Jan 1, 2023 Dec 31, 2023
2022 15.9 +2.67 +20.2% Jan 1, 2022 Dec 31, 2022
2021 13.2 +1.24 +10.3% Jan 1, 2021 Dec 31, 2021
2020 12 -0.31 -2.52% Jan 1, 2020 Dec 31, 2020
2019 12.3 +0.28 +2.33% Jan 1, 2019 Dec 31, 2019
2018 12 +0.9 +8.08% Jan 1, 2018 Dec 31, 2018
2017 11.1 +0.77 +7.43% Jan 1, 2017 Dec 31, 2017
2016 10.4 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.