Watts Income Before Tax from 2010 to 2024

WTS Stock  USD 215.79  1.13  0.53%   
Watts Water Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. From the period from 2010 to 2024, Watts Water Income Before Tax quarterly data regression had mean square error of 5400.1 T and mean deviation of  92,816,000. View All Fundamentals
 
Income Before Tax  
First Reported
1989-09-30
Previous Quarter
109.5 M
Current Value
92.3 M
Quarterly Volatility
27.1 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Watts Water financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Watts Water's main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.5 M, Interest Expense of 7.8 M or Total Revenue of 1.1 B, as well as many indicators such as Price To Sales Ratio of 3.55, Dividend Yield of 0.0131 or PTB Ratio of 4.83. Watts financial statements analysis is a perfect complement when working with Watts Water Valuation or Volatility modules.
  
Check out the analysis of Watts Water Correlation against competitors.

Latest Watts Water's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Watts Water Technologies over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Watts Water income statement and is an important metric when analyzing Watts Water Technologies profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Watts Water's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Watts Water's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Watts Income Before Tax Regression Statistics

Arithmetic Mean155,365,000
Coefficient Of Variation80.52
Mean Deviation92,816,000
Median143,100,000
Standard Deviation125,106,946
Sample Variance15651.7T
Range478M
R-Value0.82
Mean Square Error5400.1T
R-Squared0.68
Significance0.0002
Slope23,062,232
Total Sum of Squares219124.5T

Watts Income Before Tax History

2024367 M
2023349.5 M
2022307.6 M
2021234.1 M
2020167 M
2019183.9 M
2018174.6 M

About Watts Water Financial Statements

Watts Water shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although Watts Water investors may analyze each financial statement separately, they are all interrelated. The changes in Watts Water's assets and liabilities, for example, are also reflected in the revenues and expenses on on Watts Water's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax349.5 M367 M

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Additional Tools for Watts Stock Analysis

When running Watts Water's price analysis, check to measure Watts Water's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Watts Water is operating at the current time. Most of Watts Water's value examination focuses on studying past and present price action to predict the probability of Watts Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Watts Water's price. Additionally, you may evaluate how the addition of Watts Water to your portfolios can decrease your overall portfolio volatility.