What is Watts Water Technologies Inc's ROI in the second quarter of 2024?
Watts Water Technologies Inc achieved a return on average invested assets (ROI) of
18.9 % in its second quarter of 2024, this is above WTS's average return on investment of 8.19%.
Watts Water Technologies Inc invested over the 12 months ending in its second quarter of 2024 $1,461 million
ROI has improved compared to 18.6% in the first quarter of 2024, due to net income growth.
Within the
Basic Materials sector 17 other companies had a higher return on investment. While return on investment, the total ranking has deteriorated compared to the first quarter of 2024 from
238 to
246.
Definition and Formula of Return on Investment
| Return On Investment |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 24 2023)
III. Quarter |
(Jun 25 2023)
II. Quarter |
| Y / Y Investment Change TTM |
1.95 % |
2.43 % |
2.9 % |
2.75 % |
3.43 % |
| Y / Y Net Income Change TTM |
3.06 % |
3.17 % |
33.05 % |
114.17 % |
284.36 % |
| Investment (TTM) in Millions |
1,512 |
1,494 |
1,448 |
1,390 |
1,474 |
| Return On Investment (TTM) |
18.9 % |
18.6 % |
18.19 % |
19.22 % |
18.69 % |
| WTS's Overall
Ranking |
# 246 |
# 238 |
# 356 |
# 117 |
# 401 |
| Seq. Investment Change TTM |
0.66 % |
0.73 % |
0.73 % |
-0.18 % |
1.13 % |
| Seq. Net Income Change TTM |
2.26 % |
3.01 % |
-4.69 % |
2.65 % |
2.37 % |
| Net Income (TTM) in Millions |
276 |
270 |
262 |
275 |
268 |
