Watts Water Technologies Past Earnings Performance
Past criteria checks 4/6
Watts Water Technologies has been growing earnings at an average annual rate of 19.5%, while the Machinery industry saw earnings growing at 32.6% annually. Revenues have been growing at an average rate of 6.7% per year. Watts Water Technologies's return on equity is 17.3%, and it has net margins of 12.7%.
Key information
19.5%
Earnings growth rate
20.1%
EPS growth rate
Machinery Industry Growth | 12.9% |
Revenue growth rate | 6.7% |
Return on equity | 17.3% |
Net Margin | 12.7% |
Next Earnings Update | 13 Feb 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Watts Water Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 2,056 | 262 | 605 | 0 |
24 Sep 23 | 2,011 | 275 | 510 | 68 |
25 Jun 23 | 1,994 | 268 | 500 | 67 |
26 Mar 23 | 1,988 | 262 | 495 | 64 |
31 Dec 22 | 1,980 | 252 | 491 | 59 |
25 Sep 22 | 1,952 | 223 | 488 | 51 |
26 Jun 22 | 1,919 | 211 | 484 | 48 |
27 Mar 22 | 1,859 | 179 | 474 | 47 |
31 Dec 21 | 1,809 | 166 | 463 | 46 |
26 Sep 21 | 1,739 | 155 | 441 | 44 |
27 Jun 21 | 1,668 | 141 | 420 | 43 |
28 Mar 21 | 1,539 | 124 | 388 | 42 |
31 Dec 20 | 1,509 | 114 | 392 | 42 |
27 Sep 20 | 1,506 | 117 | 397 | 42 |
28 Jun 20 | 1,516 | 116 | 411 | 42 |
29 Mar 20 | 1,594 | 133 | 432 | 42 |
31 Dec 19 | 1,601 | 132 | 437 | 40 |
29 Sep 19 | 1,588 | 132 | 438 | 38 |
30 Jun 19 | 1,584 | 131 | 433 | 37 |
31 Mar 19 | 1,575 | 131 | 433 | 35 |
31 Dec 18 | 1,565 | 128 | 430 | 35 |
30 Sep 18 | 1,544 | 93 | 419 | 33 |
01 Jul 18 | 1,517 | 88 | 413 | 32 |
01 Apr 18 | 1,488 | 80 | 407 | 30 |
31 Dec 17 | 1,457 | 73 | 403 | 29 |
01 Oct 17 | 1,432 | 93 | 403 | 29 |
02 Jul 17 | 1,409 | 88 | 401 | 28 |
02 Apr 17 | 1,401 | 90 | 402 | 27 |
31 Dec 16 | 1,398 | 84 | 398 | 27 |
02 Oct 16 | 1,415 | -51 | 400 | 25 |
03 Jul 16 | 1,440 | -99 | 464 | 24 |
03 Apr 16 | 1,456 | -108 | 459 | 24 |
31 Dec 15 | 1,468 | -113 | 464 | 24 |
27 Sep 15 | 1,486 | -2 | 473 | 1 |
28 Jun 15 | 1,496 | 46 | 400 | 1 |
29 Mar 15 | 1,505 | 48 | 396 | 0 |
31 Dec 14 | 1,514 | 50 | 379 | 23 |
28 Sep 14 | 1,513 | 66 | 372 | 23 |
29 Jun 14 | 1,509 | 61 | 379 | 23 |
30 Mar 14 | 1,480 | 59 | 373 | 22 |
31 Dec 13 | 1,474 | 61 | 390 | 0 |
29 Sep 13 | 1,452 | 71 | 368 | 21 |
30 Jun 13 | 1,433 | 72 | 359 | 21 |
31 Mar 13 | 1,425 | 71 | 358 | 21 |
Quality Earnings: WTS * has high quality earnings.
Growing Profit Margin: WTS *'s current net profit margins (12.7%) are higher than last year (12.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WTS *'s earnings have grown by 19.5% per year over the past 5 years.
Accelerating Growth: WTS *'s earnings growth over the past year (4.2%) is below its 5-year average (19.5% per year).
Earnings vs Industry: WTS * earnings growth over the past year (4.2%) exceeded the Machinery industry -16%.
Return on Equity
High ROE: WTS *'s Return on Equity (17.3%) is considered low.