Watts Water Technologies Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 1995
Revenue	2,056	1,980	1,809	1,509	1,601	1,565	1,457	1,398	1,468	1,514	Upgrade
Revenue Growth (YoY)	3.88%	9.41%	19.93%	-5.74%	2.27%	7.43%	4.17%	-4.72%	-3.04%	2.73%	Upgrade
Cost of Revenue	1,095	1,105	1,042	883.2	923	908.4	854.3	832.8	914.6	971.9	Upgrade
Gross Profit	960.9	874.3	767.1	625.4	677.5	656.5	602.4	565.6	553.1	541.8	Upgrade
Selling, General & Admin	604.5	550.5	508.2	434.4	476.1	464.7	432.3	424.1	491.3	407	Upgrade
Other Operating Expenses	5.5	10.6	19.3	9.9	4.3	3.4	7.8	5.2	151.9	29.4	Upgrade
Operating Expenses	610	561.1	527.5	444.3	480.4	468.1	440.1	429.3	643.2	436.4	Upgrade
Operating Income	350.9	313.2	239.6	181.1	197.1	188.4	162.3	136.3	-90.1	105.4	Upgrade
Interest Expense / Income	8.2	7	6.3	13.3	14.1	16.3	19.1	22.6	24.3	19.9	Upgrade
Other Expense / Income	-6.8	-1.4	-0.8	0.8	-0.9	-2.5	0.1	-14.1	-3.4	2.4	Upgrade
Pretax Income	349.5	307.6	234.1	167	183.9	174.6	143.1	127.8	-111	83.1	Upgrade
Income Tax	87.4	56.1	68.4	52.7	52.4	46.6	70	43.6	1.9	32.8	Upgrade
Net Income	262.1	251.5	165.7	114.3	131.5	128	73.1	84.2	-112.9	50.3	Upgrade
Net Income Growth	4.21%	51.78%	44.97%	-13.08%	2.73%	75.10%	-13.18%	-	-	-14.16%	Upgrade
Shares Outstanding (Basic)	33	34	34	34	34	34	34	34	35	35	Upgrade
Shares Outstanding (Diluted)	34	34	34	34	34	34	34	35	35	35	Upgrade
Shares Change	-0.30%	-0.88%	-0.29%	-0.58%	-0.29%	-0.29%	-0.29%	-1.15%	-1.41%	-0.28%	Upgrade
EPS (Basic)	7.85	7.51	4.90	3.37	3.86	3.73	2.12	2.45	-3.24	1.42	Upgrade
EPS (Diluted)	7.82	7.48	4.88	3.36	3.85	3.73	2.12	2.44	-3.24	1.42	Upgrade
EPS Growth	4.55%	53.28%	45.24%	-12.73%	3.22%	75.94%	-13.11%	-	-	-	Upgrade
Free Cash Flow	281.1	201.1	159.2	187.2	164.9	135.7	126.9	102.2	81.8	111.9	Upgrade
Free Cash Flow Per Share	8.42	6.00	4.71	5.52	4.84	3.96	3.69	2.97	2.34	3.17	Upgrade
Dividend Per Share	1.380	1.160	1.010	0.920	0.900	0.820	0.750	0.710	0.660	0.580	Upgrade
Dividend Growth	18.97%	14.85%	9.78%	2.22%	9.76%	9.33%	5.63%	7.58%	13.79%	16.00%	Upgrade
Gross Margin	46.73%	44.17%	42.40%	41.46%	42.33%	41.95%	41.35%	40.45%	37.68%	35.79%	Upgrade
Operating Margin	17.06%	15.82%	13.24%	12.00%	12.31%	12.04%	11.14%	9.75%	-6.14%	6.96%	Upgrade
Profit Margin	12.75%	12.71%	9.16%	7.58%	8.22%	8.18%	5.02%	6.02%	-7.69%	3.32%	Upgrade
Free Cash Flow Margin	13.67%	10.16%	8.80%	12.41%	10.30%	8.67%	8.71%	7.31%	5.57%	7.39%	Upgrade
Effective Tax Rate	25.01%	18.24%	29.22%	31.56%	28.49%	26.69%	48.92%	34.12%	-	39.47%	Upgrade
EBITDA	401	354.3	285.5	226.8	244.6	239.4	214.4	201.6	-34.2	151.1	Upgrade
EBITDA Margin	19.50%	17.90%	15.78%	15.03%	15.28%	15.30%	14.72%	14.42%	-2.33%	9.98%	Upgrade
Depreciation & Amortization	43.3	39.7	45.1	46.5	46.6	48.5	52.2	51.2	52.5	48.1	Upgrade
EBIT	357.7	314.6	240.4	180.3	198	190.9	162.2	150.4	-86.7	103	Upgrade
EBIT Margin	17.40%	15.89%	13.29%	11.95%	12.37%	12.20%	11.13%	10.76%	-5.91%	6.80%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).