Earnings Summary

Watts Water Technologies Inc’s revenue jumped 1.84% since last year same period to $471.7Mn in the Q1 2023. On a quarterly growth basis, Watts Water Technologies Inc has generated -6.02% fall in its revenue since last 3-months.

Watts Water Technologies Inc’s net profit jumped 18.72% since last year same period to $64.7Mn in the Q1 2023. On a quarterly growth basis, Watts Water Technologies Inc has generated -5.69% fall in its net profits since last 3-months.

Watts Water Technologies Inc’s net profit margin jumped 16.58% since last year same period to 13.72% in the Q1 2023. On a quarterly growth basis, Watts Water Technologies Inc has generated 0.35% jump in its net profit margins since last 3-months.

Watts Water Technologies Inc’s price-to-earnings ratio after this Q1 2023 earnings stands at 20.86.

Watts Water Technologies Inc’s earning per share (EPS) estimates for the current quarter stand at 1.52 - a -1.94% fall from last quarter’s estimates.

Watts Water Technologies Inc’s earning per share (EPS) estimates for the current year stand at 1.52.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Watts Water Technologies Inc’s return on assets (ROA) stands at 0.11.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Watts Water Technologies Inc’s return on equity (ROE) stands at 0.21.

Watts Water Technologies Inc declared 0.3 dividend per share during the earnings announcement for Q1 2023.