Watts Water Technologies, Inc. (WTS)
NYSE: WTS · Real-Time Price · USD
308.98
-2.11 (-0.68%)
May 29, 2026, 4:00 PM EDT - Market closed
Watts Water Technologies Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 29, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 2,558 | 2,439 | 2,252 | 2,056 | 1,980 | 1,809 | |
Revenue Growth (YoY) | 14.22% | 8.27% | 9.53% | 3.88% | 9.41% | 19.93% |
Cost of Revenue | 1,298 | 1,233 | 1,190 | 1,095 | 1,105 | 1,042 |
Gross Profit | 1,260 | 1,206 | 1,062 | 960.9 | 874.3 | 767.1 |
Selling, General & Admin | 759.7 | 734.2 | 664.4 | 604.5 | 548.7 | 508.2 |
Other Operating Expenses | 6.6 | 23.7 | 7.2 | 5.5 | 10.6 | 19.3 |
Total Operating Expenses | 766.3 | 757.9 | 671.6 | 610 | 559.3 | 527.5 |
Operating Income | 493.4 | 448.1 | 390.4 | 350.9 | 315 | 239.6 |
Interest Income | 9.2 | 9.8 | 8.9 | 7.2 | 0.6 | - |
Interest Expense | -10.7 | -10.8 | -14.7 | -8.2 | -7 | -6.3 |
Other Non-Operating Income (Expense) | -1.6 | -1.3 | 1.4 | -0.4 | -1 | 0.8 |
Total Non-Operating Income (Expense) | -3.1 | -2.3 | -4.4 | -1.4 | -7.4 | -5.5 |
Pretax Income | 490.3 | 445.8 | 386 | 349.5 | 307.6 | 234.1 |
Provision for Income Taxes | 123.9 | 105 | 94.8 | 87.4 | 56.1 | 68.4 |
Net Income | 366.4 | 340.8 | 291.2 | 262.1 | 251.5 | 165.7 |
Net Income to Common | 366.4 | 340.8 | 291.2 | 262.1 | 251.5 | 165.7 |
Net Income Growth | 25.18% | 17.03% | 11.10% | 4.21% | 51.78% | 44.97% |
Shares Outstanding (Basic) | 33 | 34 | 34 | 33 | 34 | 34 |
Shares Outstanding (Diluted) | 34 | 34 | 34 | 34 | 34 | 34 |
Shares Change (YoY) | - | - | - | -0.30% | -0.89% | -0.29% |
EPS (Basic) | 10.93 | 10.17 | 8.70 | 7.85 | 7.51 | 4.90 |
EPS (Diluted) | 10.93 | 10.17 | 8.69 | 7.82 | 7.48 | 4.88 |
EPS Growth | 25.20% | 17.03% | 11.13% | 4.54% | 53.28% | 45.24% |
Shares Outstanding | 33.39 | 33.34 | 33.32 | 33.31 | 33.27 | 33.61 |
Free Cash Flow | 317.3 | 356.3 | 325.8 | 281.1 | 195.9 | 154.1 |
Free Cash Flow Growth | -10.95% | 9.36% | 15.90% | 43.49% | 27.13% | -16.70% |
Free Cash Flow Per Share | 9.47 | 10.64 | 9.73 | 8.39 | 5.83 | 4.55 |
Dividends Per Share | 2.080 | 1.990 | 1.650 | 1.380 | 1.160 | 1.010 |
Dividend Growth | 4.52% | 20.61% | 19.56% | 18.97% | 14.85% | 9.78% |
Gross Margin | 49.25% | 49.46% | 47.15% | 46.73% | 44.17% | 42.40% |
Operating Margin | 19.29% | 18.38% | 17.33% | 17.06% | 15.91% | 13.24% |
Profit Margin | 14.32% | 13.98% | 12.93% | 12.75% | 12.71% | 9.16% |
FCF Margin | 12.41% | 14.61% | 14.47% | 13.67% | 9.90% | 8.52% |
EBITDA | 553.1 | 506.5 | 444.8 | 394.2 | 354.7 | 284.7 |
EBITDA Margin | 21.62% | 20.77% | 19.75% | 19.17% | 17.92% | 15.74% |
EBIT | 493.4 | 448.1 | 390.4 | 350.9 | 315 | 239.6 |
EBIT Margin | 19.29% | 18.38% | 17.33% | 17.06% | 15.91% | 13.24% |
Effective Tax Rate | 25.27% | 23.55% | 24.56% | 25.01% | 18.24% | 29.22% |