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WTS

Watts Water Technologies Inc

$185.66

Earnings Summary

Revenue
$570.9Mn
Net Profits
$72.6Mn
Net Profit Margins
12.72%
PE Ratio
23.16

Highlights

Revenue:

Watts Water Technologies Inc’s revenue jumped 21.03% since last year same period to $570.9Mn in the Q1 2024. On a quarterly growth basis, Watts Water Technologies Inc has generated 4.27% jump in its revenue since last 3-months.

Net Profits:

Watts Water Technologies Inc’s net profit jumped 12.21% since last year same period to $72.6Mn in the Q1 2024. On a quarterly growth basis, Watts Water Technologies Inc has generated 30.34% jump in its net profits since last 3-months.

Net Profit Margins:

Watts Water Technologies Inc’s net profit margin fell -7.29% since last year same period to 12.72% in the Q1 2024. On a quarterly growth basis, Watts Water Technologies Inc has generated 25% jump in its net profit margins since last 3-months.

PE Ratio:

Watts Water Technologies Inc’s price-to-earnings ratio after this Q1 2024 earnings stands at 23.16.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Watts Water Technologies Inc post its latest quarter earnings

EPS Estimate Current Quarter
2.33
EPS Estimate Current Year
2.33

Highlights

EPS Estimate Current Quarter:

Watts Water Technologies Inc’s earning per share (EPS) estimates for the current quarter stand at 2.33 - a 10.95% jump from last quarter’s estimates.

EPS Estimate Current Year:

Watts Water Technologies Inc’s earning per share (EPS) estimates for the current year stand at 2.33.

Key Ratios

Key ratios of the Watts Water Technologies Inc post its Q1 2024 earnings

Earning Per Share (EPS)
2.33
Return on Assets (ROA)
0.11
Return on Equity (ROE)
0.19
Dividend Per Share (DPS)
0.36

Highlights

Earning Per Share (EPS):

Watts Water Technologies Inc’s earning per share (EPS) jumped 21.35% since last year same period to 2.33 in the Q1 2024. This indicates that the Watts Water Technologies Inc has generated 21.35% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

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.

Earning Per Share (EPS):

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 0.19.

Dividend Per Share (DPS):

Watts Water Technologies Inc declared 0.36 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-09
2.1
2.33
10.95%