Watts Water Technologies Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 28, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	324.7	291.2	262.1	251.5	165.7	114.3
Depreciation & Amortization	55.6	54.4	43.3	39.7	45.1	46.5
Loss (Gain) From Sale of Assets	0.3	-5.2	0.2	-1.5	1.4	2.6
Asset Writedown & Restructuring Costs	-	-	-	1.3	-	1.4
Stock-Based Compensation	19.1	19.5	20.2	18.4	22.9	12.7
Other Operating Activities	30.4	-14.7	-18.8	-29.6	-8.2	7
Change in Accounts Receivable	-26	3.3	6.2	-20	-30.2	32.2
Change in Inventory	-29.4	13.6	27	-16.4	-113.7	18.7
Change in Accounts Payable	43.2	8	-8.8	-21.3	98.6	-7.3
Change in Other Net Operating Assets	-32.1	-9	-20.6	1.9	-0.8	0.7
Operating Cash Flow	386.8	361.1	310.8	224	180.8	228.8
Operating Cash Flow Growth	16.68%	16.18%	38.75%	23.89%	-20.98%	17.94%
Capital Expenditures	-43.3	-35.3	-29.7	-28.1	-26.7	-43.8
Sale of Property, Plant & Equipment	-	5.9	-	5.2	5.1	2.2
Cash Acquisitions	-85.7	-96.3	-313.4	-	-9.1	-15.2
Divestitures	-	-	-	-	-	2
Other Investing Activities	-	1	-	-	-	-
Investing Cash Flow	-129	-124.7	-343.1	-22.9	-30.7	-54.8
Long-Term Debt Issued	-	-	240	85	40	407.5
Long-Term Debt Repaid	-	-102.7	-92.8	-84.7	-96.4	-519.6
Net Debt Issued (Repaid)	-17.6	-102.7	147.2	0.3	-56.4	-112.1
Issuance of Common Stock	-	-	0.1	0.2	0.1	0.5
Repurchase of Common Stock	-27.4	-30	-31.8	-82.7	-25.6	-36.7
Common Dividends Paid	-63.8	-55.5	-46.5	-39.5	-34.3	-31.4
Other Financing Activities	-	-2.3	-	-	-2.4	-2.2
Financing Cash Flow	-108.8	-190.5	69	-121.7	-118.6	-181.9
Foreign Exchange Rate Adjustments	4.8	-9.1	2.6	-10.6	-8.4	7.1
Net Cash Flow	153.8	36.8	39.3	68.8	23.1	-0.8
Free Cash Flow	343.5	325.8	281.1	195.9	154.1	185
Free Cash Flow Growth	15.46%	15.90%	43.49%	27.13%	-16.70%	12.26%
Free Cash Flow Margin	14.59%	14.47%	13.67%	9.90%	8.52%	12.26%
Free Cash Flow Per Share	10.25	9.72	8.39	5.83	4.55	5.44
Cash Interest Paid	10	12.7	7.7	5.7	6.9	12.2
Cash Income Tax Paid	87.6	117.2	115.7	85.8	73	45.6
Levered Free Cash Flow	261.01	293.51	207.43	179.63	165.98	148.96
Unlevered Free Cash Flow	267.83	302.7	212.55	184	169.91	157.28
Change in Working Capital	-44.3	15.9	3.8	-55.8	-46.1	44.3

Source: S&P Global Market Intelligence. Standard template. Financial Sources.