Watts Water Technologies financials
$357.69−0.09%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.44B | $2.25B | $2.06B | $1.98B | $1.81B | $1.51B | $1.60B | $1.56B | $1.46B | $1.40B |
| Gross profit | $1.21B | $1.06B | $960.9M | $874.3M | $767.1M | $625.4M | $677.5M | $656.5M | $602.4M | $565.6M |
| Gross margin | 49.5% | 47.2% | 46.7% | 44.2% | 42.4% | 41.5% | 42.3% | 42.0% | 41.4% | 40.4% |
| Operating income | $448.1M | $390.4M | $350.9M | $315.0M | $239.6M | $181.1M | $197.1M | $188.4M | $162.3M | $136.3M |
| Net income | $340.8M | $291.2M | $262.1M | $251.5M | $165.7M | $114.3M | $131.5M | $128.0M | $73.1M | $84.2M |
| Net margin | 14.0% | 12.9% | 12.7% | 12.7% | 9.2% | 7.6% | 8.2% | 8.2% | 5.0% | 6.0% |
| Diluted EPS | $10.17 | $8.69 | $7.82 | $7.48 | $4.88 | $3.36 | $3.85 | $3.73 | $2.12 | $2.44 |
| EBITDA | $528.6M | $452.0M | $399.7M | $365.3M | $304.0M | $237.5M | $248.0M | $240.3M | $222.3M | $192.7M |
| Operating cash flow | $402.0M | $361.1M | $310.8M | $224.0M | $180.8M | $228.8M | $194.0M | $169.4M | $155.9M | $139.8M |
| Free cash flow | $356.3M | $325.8M | $281.1M | $195.9M | $154.1M | $185.0M | $164.8M | $133.5M | $126.5M | $103.8M |
| Diluted shares | 33.5M | 33.5M | 33.5M | 33.6M | 33.9M | 34.0M | 34.2M | 34.3M | 34.4M | 34.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $405.5M | $386.9M | $350.1M | $310.8M | $242.0M | $218.9M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $197.7M | $197.0M | $298.3M | $147.6M | $141.9M | $198.2M |
| Total assets | $2.88B | $2.40B | $2.31B | $1.93B | $1.86B | $1.74B |
| Total liabilities | $853.5M | $689.1M | $796.1M | $630.3M | $682.4M | $668.4M |
| Shareholders' equity | $2.03B | $1.71B | $1.51B | $1.30B | $1.17B | $1.07B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology