• Watts Water Technologies average net profit margin for 2023 was 13.3%, a 18.54% decline from 2022.
• Watts Water Technologies average net profit margin for 2022 was 11.22%, a 29.41% increase from 2021.
• Watts Water Technologies average net profit margin for 2021 was 8.67%, a 11.01% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.