Watts Water Technologies, Inc. (WTS)
NYSE: WTS · Real-Time Price · USD
359.96
-0.53 (-0.15%)
Nov 12, 2026, 11:56 AM EST - Market open
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 | Sep '26 Sep 27, 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 |
| 2,794 | 2,439 | 2,252 | 2,056 | 1,980 | 1,809 | |
Revenue Growth | 18.68% | 8.27% | 9.53% | 3.88% | 9.41% | 19.93% |
Cost of Revenue | 1,422 | 1,233 | 1,190 | 1,095 | 1,105 | 1,042 |
Gross Profit | 1,371 | 1,206 | 1,062 | 960.9 | 874.3 | 767.1 |
Selling, General & Admin | 731.8 | 660.7 | 594 | 537.4 | 489.3 | 462.6 |
Research & Development | 80.1 | 73.5 | 70.4 | 67.1 | 59.4 | 45.6 |
Operating Expenses | 811.9 | 734.2 | 664.4 | 604.5 | 548.7 | 508.2 |
Operating Income | 559.4 | 471.8 | 397.6 | 356.4 | 325.6 | 258.9 |
Interest Expense | -9.5 | -10.8 | -14.7 | -8.2 | -7 | -6.3 |
Interest & Investment Income | 9.5 | 9.8 | 8.9 | 7.2 | 0.6 | - |
Currency Exchange Gain (Loss) | -1.3 | -1.3 | - | - | - | - |
Other Non Operating Income (Expenses) | - | - | 1.4 | -0.4 | -1 | 0.8 |
EBT Excluding Unusual Items | 558.1 | 469.5 | 393.2 | 355 | 318.2 | 253.4 |
Merger & Restructuring Charges | -7.2 | -23.7 | -7.2 | -5.5 | -10.6 | -19.3 |
Pretax Income | 590.2 | 445.8 | 386 | 349.5 | 307.6 | 234.1 |
Income Tax Expense | 143.2 | 105 | 94.8 | 87.4 | 56.1 | 68.4 |
Net Income | 447 | 340.8 | 291.2 | 262.1 | 251.5 | 165.7 |
Net Income to Common | 447 | 340.8 | 291.2 | 262.1 | 251.5 | 165.7 |
Net Income Growth | 37.67% | 17.03% | 11.10% | 4.21% | 51.78% | 44.97% |
Shares Outstanding (Basic) | 34 | 34 | 34 | 33 | 34 | 34 |
Shares Outstanding (Diluted) | 34 | 34 | 34 | 34 | 34 | 34 |
Shares Change | - | - | - | -0.30% | -0.89% | -0.29% |
EPS (Basic) | 13.34 | 10.17 | 8.69 | 7.85 | 7.51 | 4.90 |
EPS (Diluted) | 13.34 | 10.17 | 8.69 | 7.82 | 7.48 | 4.88 |
EPS Growth | 37.67% | 17.03% | 11.13% | 4.54% | 53.28% | 45.24% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 27, 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 |
Free Cash Flow | 370.4 | 356.3 | 325.8 | 281.1 | 195.9 | 154.1 |
Free Cash Flow Per Share | 11.06 | 10.64 | 9.72 | 8.39 | 5.83 | 4.55 |
Dividend Per Share | 2.300 | 1.990 | 1.650 | 1.380 | 1.160 | 1.010 |
Dividend Growth | 21.05% | 20.61% | 19.56% | 18.97% | 14.85% | 9.78% |
Gross Margin | 49.09% | 49.46% | 47.15% | 46.73% | 44.17% | 42.40% |
Operating Margin | 20.03% | 19.35% | 17.65% | 17.33% | 16.45% | 14.31% |
Profit Margin | 16.00% | 13.98% | 12.93% | 12.75% | 12.71% | 9.16% |
Free Cash Flow Margin | 13.26% | 14.61% | 14.47% | 13.67% | 9.90% | 8.52% |
EBITDA | 621.8 | 528.6 | 452 | 399.7 | 365.3 | 304 |
EBITDA Margin | 22.26% | 21.68% | 20.07% | 19.44% | 18.45% | 16.80% |
D&A For EBITDA | 62.4 | 56.8 | 54.4 | 43.3 | 39.7 | 45.1 |
EBIT | 559.4 | 471.8 | 397.6 | 356.4 | 325.6 | 258.9 |
EBIT Margin | 20.03% | 19.35% | 17.65% | 17.33% | 16.45% | 14.31% |
Effective Tax Rate | 24.26% | 23.55% | 24.56% | 25.01% | 18.24% | 29.22% |