• Watts Water Technologies average return on assets for 2023 was 13.48, a 17.73% decline from 2022.
• Watts Water Technologies average return on assets for 2022 was 11.45, a 39.63% increase from 2021.
• Watts Water Technologies average return on assets for 2021 was 8.2, a 17.31% increase from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.