Watts Water Technologies, Inc. (WTS)

NYSE: WTS · Real-Time Price · USD

203.98

-5.36 (-2.56%)

At close: Mar 28, 2025, 4:00 PM

201.53

-2.45 (-1.20%)

After-hours: Mar 28, 2025, 7:49 PM EDT

Watts Water Technologies Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	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	2019 - 2015
Revenue	2,252	2,056	1,980	1,809	1,509	Upgrade
Revenue Growth (YoY)	9.53%	3.88%	9.41%	19.93%	-5.74%	Upgrade
Cost of Revenue	1,190	1,095	1,105	1,042	883.2	Upgrade
Gross Profit	1,062	960.9	874.3	767.1	625.4	Upgrade
Selling, General & Admin	594	537.4	489.3	462.6	392.2	Upgrade
Research & Development	70.4	67.1	59.4	45.6	42.2	Upgrade
Operating Expenses	664.4	604.5	548.7	508.2	434.4	Upgrade
Operating Income	397.6	356.4	325.6	258.9	191	Upgrade
Interest Expense	-14.7	-8.2	-7	-6.3	-13.3	Upgrade
Interest & Investment Income	8.9	7.2	0.6	-	0.2	Upgrade
Currency Exchange Gain (Loss)	-	-0.4	-	-	-	Upgrade
Other Non Operating Income (Expenses)	1.4	-	-1	0.8	-1	Upgrade
EBT Excluding Unusual Items	393.2	355	318.2	253.4	176.9	Upgrade
Merger & Restructuring Charges	-7.2	-5.5	-10.6	-19.3	-9.9	Upgrade
Pretax Income	386	349.5	307.6	234.1	167	Upgrade
Income Tax Expense	94.8	87.4	56.1	68.4	52.7	Upgrade
Net Income	291.2	262.1	251.5	165.7	114.3	Upgrade
Net Income to Common	291.2	262.1	251.5	165.7	114.3	Upgrade
Net Income Growth	11.10%	4.21%	51.78%	44.97%	-13.08%	Upgrade
Shares Outstanding (Basic)	34	33	34	34	34	Upgrade
Shares Outstanding (Diluted)	34	34	34	34	34	Upgrade
Shares Change (YoY)	-	-0.30%	-0.89%	-0.29%	-0.58%	Upgrade
EPS (Basic)	8.69	7.85	7.51	4.90	3.37	Upgrade
EPS (Diluted)	8.69	7.82	7.48	4.88	3.36	Upgrade
EPS Growth	11.13%	4.54%	53.28%	45.24%	-12.73%	Upgrade
Free Cash Flow	325.8	281.1	195.9	154.1	185	Upgrade
Free Cash Flow Per Share	9.72	8.39	5.83	4.55	5.44	Upgrade
Dividend Per Share	1.650	1.380	1.160	1.010	0.920	Upgrade
Dividend Growth	19.56%	18.97%	14.85%	9.78%	2.22%	Upgrade
Gross Margin	47.15%	46.73%	44.17%	42.40%	41.46%	Upgrade
Operating Margin	17.65%	17.33%	16.45%	14.31%	12.66%	Upgrade
Profit Margin	12.93%	12.75%	12.71%	9.16%	7.58%	Upgrade
Free Cash Flow Margin	14.47%	13.67%	9.90%	8.52%	12.26%	Upgrade
EBITDA	452	399.7	365.3	304	237.5	Upgrade
EBITDA Margin	20.07%	19.44%	18.45%	16.80%	15.74%	Upgrade
D&A For EBITDA	54.4	43.3	39.7	45.1	46.5	Upgrade
EBIT	397.6	356.4	325.6	258.9	191	Upgrade
EBIT Margin	17.65%	17.33%	16.45%	14.31%	12.66%	Upgrade
Effective Tax Rate	24.56%	25.01%	18.24%	29.22%	31.56%	Upgrade

Updated Feb 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q