Watts Water Technologies, Inc.(WTS)Earnings, Financials & Key Ratios

WTS•NYSE

$292.35

$9.75B mkt cap·28.7× P/E·Price updated May 6, 2026

SectorIndustrials IndustryIndustrial Machinery Sub-IndustryFlow control and water equipment

AboutWatts Water Technologies, Inc. designs, manufactures, and sells products, solution, and systems that manage and conserve the flow of fluids and energy into, through and out of buildings in the commercial and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers residential and commercial flow control products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, and thermostatic mixing valves. It also provides heating, ventilation, and air conditioning and gas products, such as boilers, water heaters, custom heat, and hot water solutions; hydronic and electric heating systems for under-floor radiant applications; custom heat and hot water solutions; hydronic pump groups for boiler manufacturers and alternative energy control packages; and flexible stainless steel connectors for natural and liquid propane gas in commercial food service and residential applications. In addition, the company offers drainage and water re-use products comprising drainage products and engineered rain water harvesting solutions for commercial, industrial, marine, and residential applications; and water quality products that include point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems for commercial and residential applications. Further, it provides smart mixing system under the IntelliStation name. The company sells its products to plumbing, heating, and mechanical wholesale distributors and dealers, as well as original equipment manufacturers, specialty product distributors, do-it-yourself chains, and retail chains; and directly to wholesalers and private label accounts. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts.Show more

Revenue$2.44B+8.3%
EBITDA$529M+18.8%
Net Income$341M+17.0%
EPS (Diluted)10.17+17.0%
Gross Margin49.46%+4.9%
EBITDA Margin21.68%+9.8%
Operating Margin19.35%+11.6%
Net Margin13.98%+8.1%
ROE18.25%+0.9%
ROIC21.2%+7.9%
Debt/Equity0.10-15.5%
Interest Coverage42.28+55.1%

Analysis→Technical→

WTS Key Insights

Watts Water Technologies, Inc. (WTS) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Company is almost debt free
✓Strong 5Y profit CAGR of 24.4%
✓Strong Piotroski F-Score: 7/9
✓14 consecutive years of dividend growth
✓Strong 5Y sales CAGR of 10.1%
✓Good 3Y average ROE of 18.3%

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

WTS Price & Volume

Watts Water Technologies, Inc. (WTS) stock price & volume — 10-year historical chart

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WTS Growth Metrics

Watts Water Technologies, Inc. (WTS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years5.21%

5 Years10.08%

3 Years7.2%

TTM14.22%

Profit CAGR

10 Years-

5 Years24.42%

3 Years10.66%

TTM25.18%

EPS CAGR

10 Years-

5 Years24.79%

3 Years10.73%

TTM25.17%

Return on Capital

10 Years16.42%

5 Years19.96%

3 Years20.71%

Last Year21.7%

WTS Recent Earnings

Watts Water Technologies, Inc. (WTS) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 12/12 qtrs (100%)●Beat Revenue 9/12 qtrs (75%)

Q1 2026Latest

Feb 11, 2026

EPS

$2.62

Est $2.36

+11.0%

Revenue

$625M

Est $610M

+2.5%

Q4 2025

Nov 5, 2025

EPS

$2.50

Est $2.26

+10.6%

Revenue

$612M

Est $576M

+6.1%

Q3 2025

Aug 6, 2025

EPS

$3.09

Est $2.68

+15.3%

Revenue

$644M

Est $562M

+14.6%

Q2 2025

May 7, 2025

EPS

$2.37

Est $2.12

+11.8%

Revenue

$558M

Est $547M

+1.9%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q1 2026Latest	Feb 11, 2026	$2.62vs $2.36+11.0%	$625Mvs $610M+2.5%
Q4 2025	Nov 5, 2025	$2.50vs $2.26+10.6%	$612Mvs $576M+6.1%
Q3 2025	Aug 6, 2025	$3.09vs $2.68+15.3%	$644Mvs $562M+14.6%
Q2 2025	May 7, 2025	$2.37vs $2.12+11.8%	$558Mvs $547M+1.9%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
FELEFranklin Electric Co., Inc.Direct Competitor	4.46B	100.98	31.07	5.44%	6.91%	11.44%	0.21
LIQTLiqTech International, Inc.Direct Competitor	20.79M	2.16	-2.43	13.03%	-53.25%	-69.97%	1.17
MWAMueller Water Products, Inc.Direct Competitor	4.24B	27.14	22.25	8.75%	14.17%	20.74%	0.46
ERIIEnergy Recovery, Inc.Direct Competitor	613.34M	11.61	27.64	-7.07%	25.89%	17.36%	0.05
ITRIItron, Inc.Direct Competitor	3.68B	82.97	12.75	-3.02%	12.32%	17.22%	0.74
PNRPentair plcProduct Competitor	12.92B	79.97	20.19	2.28%	15.97%	17.74%	0.42
XYLXylem Inc.Product Competitor	28.19B	118.59	30.25	5.52%	10.7%	8.51%	0.17
REXRRexford Industrial Realty, Inc.Product Competitor	8.6B	36.23	42.13	7.13%	21.29%	2.34%	0.40

Compare WTS vs Peers

Watts Water Technologies, Inc. (WTS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs FELE

Most directly comparable listed peer for WTS.

Scale Benchmark

vs AME

Larger-name benchmark to compare WTS against a more recognizable public peer.

Peer Set

Compare Top 5

vs FELE, LIQT, MWA, ERII

WTS Income Statement

Watts Water Technologies, Inc. (WTS) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Sales/Revenue	1.46B	1.56B	1.6B	1.51B	1.81B	1.98B	2.06B	2.25B	2.44B	2.56B
Revenue Growth %	4.17%	7.43%	2.27%	-5.74%	19.93%	9.41%	3.88%	9.53%	8.27%	14.22%
Cost of Goods Sold	854.3M	908.4M	923M	883.2M	1.04B	1.11B	1.1B	1.19B	1.23B	1.3B
COGS % of Revenue	58.65%	58.05%	57.67%	58.54%	57.6%	55.83%	53.27%	52.85%	50.54%	-
Gross Profit	602.4M▲ 0%	656.5M▲ 9.0%	677.5M▲ 3.2%	625.4M▼ 7.7%	767.1M▲ 22.7%	874.3M▲ 14.0%	960.9M▲ 9.9%	1.06B▲ 10.5%	1.21B▲ 13.6%	1.26B▲ 0%
Gross Margin %	41.35%	41.95%	42.33%	41.46%	42.4%	44.17%	46.73%	47.15%	49.46%	49.25%
Gross Profit Growth %	6.51%	8.98%	3.2%	-7.69%	22.66%	13.97%	9.91%	10.52%	13.56%	-
Operating Expenses	440.1M	468.1M	480.4M	444.3M	527.5M	559.3M	610M	671.6M	734.2M	763M
OpEx % of Revenue	30.21%	29.91%	30.02%	29.45%	29.16%	28.25%	29.66%	29.82%	30.11%	-
Selling, General & Admin	403.3M	430.2M	436.5M	392.2M	462.6M	489.3M	604.5M	594M	734.2M	759.6M
SG&A % of Revenue	27.69%	27.49%	27.27%	26%	25.57%	24.72%	29.4%	26.37%	30.11%	-
Research & Development	29M	34.5M	39.6M	42.6M	45.6M	59.4M	0	70.4M	0	0
R&D % of Revenue	1.99%	2.2%	2.47%	2.82%	2.52%	3%	-	3.13%	-	-
Other Operating Expenses	7.8M	3.4M	4.3M	9.5M	19.3M	10.6M	5.5M	7.2M	0	1000K
Operating Income	162.3M▲ 0%	188.4M▲ 16.1%	197.1M▲ 4.6%	181.1M▼ 8.1%	239.6M▲ 32.3%	315M▲ 31.5%	350.9M▲ 11.4%	390.4M▲ 11.3%	471.8M▲ 20.9%	496.4M▲ 0%
Operating Margin %	11.14%	12.04%	12.31%	12%	13.24%	15.91%	17.06%	17.33%	19.35%	19.41%
Operating Income Growth %	11.93%	16.08%	4.62%	-8.12%	32.3%	31.47%	11.4%	11.26%	20.85%	-
EBITDA	214.5M	236.9M	243.7M	227.6M	284.7M	354.7M	394.2M	444.8M	528.6M	552.7M
EBITDA Margin %	14.73%	15.14%	15.23%	15.09%	15.74%	17.92%	19.17%	19.75%	21.68%	21.61%
EBITDA Growth %	9.33%	10.44%	2.87%	-6.61%	25.09%	24.59%	11.14%	12.84%	18.84%	26.71%
D&A (Non-Cash Add-back)	52.2M	48.5M	46.6M	46.5M	45.1M	39.7M	43.3M	54.4M	56.8M	56.3M
EBIT	162.2M	190.9M	198M	180.3M	240.4M	314.6M	357.7M	400.7M	456.6M	367M
Net Interest Income	-18.1M	-15.5M	-13.7M	-13.1M	-6.3M	-6.4M	-1M	-5.8M	-1M	-600K
Interest Income	1M	800K	400K	200K	0	600K	7.2M	8.9M	9.8M	5.8M
Interest Expense	19.1M	16.3M	14.1M	13.3M	6.3M	7M	8.2M	14.7M	10.8M	10.7M
Other Income/Expense	-19.2M	-13.8M	-13.2M	-14.1M	-5.5M	-7.4M	-1.4M	-4.4M	-26M	-6.1M
Pretax Income	143.1M▲ 0%	174.6M▲ 22.0%	183.9M▲ 5.3%	167M▼ 9.2%	234.1M▲ 40.2%	307.6M▲ 31.4%	349.5M▲ 13.6%	386M▲ 10.4%	445.8M▲ 15.5%	490.3M▲ 0%
Pretax Margin %	9.82%	11.16%	11.49%	11.07%	12.94%	15.54%	17%	17.14%	18.28%	19.17%
Income Tax	70M	49.8M	52.4M	52.7M	68.4M	56.1M	87.4M	94.8M	105M	123.9M
Effective Tax Rate %	48.92%	28.52%	28.49%	31.56%	29.22%	18.24%	25.01%	24.56%	23.55%	25.27%
Net Income	73.1M▲ 0%	124.8M▲ 70.7%	131.5M▲ 5.4%	114.3M▼ 13.1%	165.7M▲ 45.0%	251.5M▲ 51.8%	262.1M▲ 4.2%	291.2M▲ 11.1%	340.8M▲ 17.0%	366.4M▲ 0%
Net Margin %	5.02%	7.98%	8.22%	7.58%	9.16%	12.71%	12.75%	12.93%	13.98%	14.32%
Net Income Growth %	-13.18%	70.73%	5.37%	-13.08%	44.97%	51.78%	4.21%	11.1%	17.03%	25.18%
Net Income (Continuing)	73.1M	128M	131.5M	114.3M	165.7M	251.5M	262.1M	291.2M	340.8M	366.4M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	2.12▲ 0%	3.64▲ 71.7%	3.85▲ 5.8%	3.36▼ 12.7%	4.89▲ 45.5%	7.49▲ 53.2%	7.82▲ 4.4%	8.69▲ 11.1%	10.17▲ 17.0%	10.94▲ 0%
EPS Growth %	-13.11%	71.7%	5.77%	-12.73%	45.54%	53.17%	4.41%	11.13%	17.03%	25.17%
EPS (Basic)	2.12	3.64	3.86	3.37	4.90	7.51	7.85	8.69	10.17	-
Diluted Shares Outstanding	34.4M	34.3M	34.2M	34M	33.9M	33.6M	33.5M	33.5M	33.5M	33.5M
Basic Shares Outstanding	34.4M	34.3M	34.1M	33.9M	33.8M	33.5M	33.4M	33.5M	33.5M	33.5M
Dividend Payout Ratio	35.43%	22.68%	23.88%	27.47%	20.7%	15.71%	17.74%	19.06%	19.63%	-

WTS Balance Sheet

Watts Water Technologies, Inc. (WTS) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Total Current Assets	783.6M	721.3M	734.9M	709.5M	861.5M	950.6M	1.06B	1.08B	1.29B	1.35B
Cash & Short-Term Investments	280.2M	204.1M	219.7M	218.9M	242M	310.8M	350.1M	386.9M	405.5M	374.7M
Cash Only	280.2M	204.1M	219.7M	218.9M	242M	310.8M	350.1M	386.9M	405.5M	374.7M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	216.1M	205.5M	219.8M	197.6M	220.9M	233.8M	259.8M	253.2M	294M	374.4M
Days Sales Outstanding	54.15	47.93	50.13	47.81	44.57	43.11	46.12	41.03	44.01	47.44
Inventory	259.1M	286.8M	270.1M	263.6M	370.7M	375.6M	399.3M	392.1M	524.3M	543.1M
Days Inventory Outstanding	110.7	115.24	106.81	108.94	129.84	124.04	133.05	120.25	155.27	138.79
Other Current Assets	1.5M	0	0	0	0	30.4M	51.8M	51.3M	0	55.9M
Total Non-Current Assets	952.9M	932.4M	988.2M	1.03B	994.1M	980.3M	1.25B	1.31B	1.6B	1.59B
Property, Plant & Equipment	198.5M	201.9M	200M	212.3M	200.7M	196.8M	248.2M	254.8M	297.1M	781.1M
Fixed Asset Turnover	7.34x	7.75x	8.00x	7.11x	9.01x	10.06x	8.28x	8.84x	8.21x	3.98x
Goodwill	550.5M	544.8M	581.1M	602.4M	600.7M	592.4M	693M	715M	859M	859.6M
Intangible Assets	185.2M	165.2M	151.4M	141.8M	128.6M	113.7M	216.1M	235M	294.6M	286.8M
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	17.1M	18.9M	53M	67.8M	60.6M	59.6M	67.5M	72.3M	144.4M	-1.01B
Total Assets	1.74B▲ 0%	1.65B▼ 4.8%	1.72B▲ 4.2%	1.74B▲ 0.9%	1.86B▲ 6.8%	1.93B▲ 4.1%	2.31B▲ 19.6%	2.4B▲ 3.8%	2.88B▲ 20.2%	2.94B▲ 0%
Asset Turnover	0.84x	0.95x	0.93x	0.87x	0.97x	1.03x	0.89x	0.94x	0.85x	0.91x
Asset Growth %	-3.36%	-4.77%	4.2%	0.88%	6.75%	4.06%	19.6%	3.79%	20.2%	62.34%
Total Current Liabilities	327.4M	348.7M	419.3M	312.8M	408.5M	378.7M	405.8M	417.9M	512.4M	496M
Accounts Payable	123.8M	127.2M	123.3M	110.1M	143.4M	134.3M	131.8M	148M	182.2M	188.9M
Days Payables Outstanding	52.89	51.11	48.76	45.5	50.23	44.35	43.92	45.39	53.96	49.48
Short-Term Debt	22.5M	30M	105M	0	0	0	0	0	0	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	112.9M	115.5M	116.3M	122.8M	155.6M	149.3M	171.6M	177.7M	0	496M
Current Ratio	2.39x	2.07x	1.75x	2.27x	2.11x	2.51x	2.61x	2.59x	2.51x	2.51x
Quick Ratio	1.60x	1.25x	1.11x	1.43x	1.20x	1.52x	1.63x	1.65x	1.49x	1.49x
Cash Conversion Cycle	111.95	112.06	108.18	111.25	124.18	122.8	135.25	115.89	145.32	136.75
Total Non-Current Liabilities	580.1M	416.9M	325.8M	355.6M	273.9M	251.6M	390.3M	271.2M	341.1M	347.5M
Long-Term Debt	474.6M	323.4M	204.2M	198.2M	141.9M	147.6M	298.3M	197M	197.7M	197.8M
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	55.2M	38.5M	38.6M	51.1M	40.5M	26.2M	13.5M	10.9M	36.5M	117.2M
Other Non-Current Liabilities	50.3M	51.8M	83M	106.3M	91.5M	77.8M	78.5M	63.3M	106.9M	369.9M
Total Liabilities	907.5M	765.6M	745.1M	668.4M	682.4M	630.3M	796.1M	689.1M	853.5M	843.5M
Total Debt	497.1M	353.4M	309.2M	198.2M	141.9M	147.6M	298.3M	197M	197.7M	197.8M
Net Debt	216.9M	149.3M	89.5M	-20.7M	-100.1M	-163.2M	-51.8M	-189.9M	-207.8M	-176.9M
Debt / Equity	0.60x	0.40x	0.32x	0.19x	0.12x	0.11x	0.20x	0.12x	0.10x	0.10x
Debt / EBITDA	2.32x	1.49x	1.27x	0.87x	0.50x	0.42x	0.76x	0.44x	0.37x	0.36x
Net Debt / EBITDA	1.01x	0.63x	0.37x	-0.09x	-0.35x	-0.46x	-0.13x	-0.43x	-0.39x	-0.39x
Interest Coverage	8.49x	11.71x	14.04x	13.56x	38.16x	44.94x	43.62x	27.26x	42.28x	34.30x
Total Equity	829M▲ 0%	888.1M▲ 7.1%	978M▲ 10.1%	1.07B▲ 9.4%	1.17B▲ 9.7%	1.3B▲ 10.9%	1.51B▲ 16.4%	1.71B▲ 12.9%	2.03B▲ 18.7%	2.1B▲ 0%
Equity Growth %	12.93%	7.13%	10.12%	9.39%	9.67%	10.86%	16.35%	12.86%	18.72%	69.81%
Book Value per Share	24.10	25.89	28.60	31.46	34.61	38.71	45.17	50.98	60.53	62.58
Total Shareholders' Equity	829M	888.1M	978M	1.07B	1.17B	1.3B	1.51B	1.71B	2.03B	2.1B
Common Stock	3.4M	3.4M	3.4M	3.4M	3.4M	3.3M	3.3M	3.3M	3.3M	3.3M
Retained Earnings	372.9M	437.5M	513.9M	560.1M	665.9M	795.3M	979.1M	1.18B	1.43B	1.5B
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-99.1M	-121.1M	-130.8M	-100M	-127.3M	-149.9M	-143.4M	-176.4M	-127.5M	-132.4M
Minority Interest	0	0	0	0	0	0	0	0	0	0

WTS Cash Flow Statement

Watts Water Technologies, Inc. (WTS) cash flow — operating, investing & free cash flow history

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Cash from Operations	155.9M	169.4M	194M	228.8M	180.8M	224M	310.8M	361.1M	402M	402M
Operating CF Margin %	10.7%	10.82%	12.12%	15.17%	9.99%	11.32%	15.11%	16.03%	16.49%	-
Operating CF Growth %	12.89%	8.66%	14.52%	17.94%	-20.98%	23.89%	38.75%	16.18%	11.33%	-40.01%
Net Income	73.1M	124.8M	131.5M	114.3M	165.7M	251.5M	262.1M	291.2M	340.8M	366.4M
Depreciation & Amortization	52.2M	48.5M	46.6M	46.5M	45.1M	39.7M	43.3M	54.4M	56.8M	59.1M
Stock-Based Compensation	13.9M	13.8M	17.8M	12.7M	22.9M	18.4M	20.2M	19.5M	21.2M	23.5M
Deferred Taxes	6.4M	-15.3M	1.3M	7M	-8.2M	-29.6M	-18.8M	-14.7M	38.5M	39.8M
Other Non-Cash Items	2.1M	200K	800K	4M	1.4M	-200K	200K	-5.2M	1.9M	-100M
Working Capital Changes	8.2M	-2.6M	-4M	44.3M	-46.1M	-55.8M	3.8M	15.9M	-57.2M	-24.1M
Change in Receivables	-7.5M	6M	-15M	32.2M	-30.2M	-20M	6.2M	3.3M	-9.5M	-50.2M
Change in Inventory	-8.4M	-34.5M	17M	18.7M	-113.7M	-16.4M	27M	13.6M	-75.4M	-76.8M
Change in Payables	9.4M	25.3M	-4.4M	-7.3M	98.6M	-21.3M	-8.8M	8M	45.8M	10.4M
Cash from Investing	-27.3M	-35.9M	-71.8M	-54.8M	-30.7M	-22.9M	-343.1M	-124.7M	-302.8M	-236.1M
Capital Expenditures	-30.9M	-36.6M	-29.2M	-43.8M	-26.7M	-28.1M	-29.7M	-35.3M	-45.7M	-47.4M
CapEx % of Revenue	2.12%	2.34%	1.82%	2.9%	1.48%	1.42%	1.44%	1.57%	1.87%	-
Acquisitions	100K	-1.7M	-42.7M	-13.2M	-9.1M	5.2M	-313.4M	-96.3M	-257.1M	-188.7M
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	3.5M	2.4M	100K	2.2M	5.1M	0	0	6.9M	0	0
Cash from Financing	-205.3M	-202.9M	-105.6M	-181.9M	-118.6M	-121.7M	69M	-190.5M	-96.9M	-101.8M
Debt Issued (Net)	-162.9M	-151.1M	-46.6M	-112.1M	-56.4M	300K	147.2M	-102.7M	-2.6M	-1.9M
Equity Issued (Net)	-18.2M	-26M	-17.4M	-28.4M	-16M	-69.4M	-16M	-17M	-16M	-12.1M
Dividends Paid	-25.9M	-28.3M	-31.4M	-31.4M	-34.3M	-39.5M	-46.5M	-55.5M	-66.9M	-70M
Share Repurchases	-18.2M	-26M	-19.5M	-28.9M	-16M	-69.4M	-16M	-17M	-16M	-15.9M
Other Financing	1.7M	2.5M	-10.2M	-10M	-11.9M	-13.1M	-15.7M	-15.3M	-11.4M	-17.8M
Net Change in Cash	-58.2M▲ 0%	-76.1M▼ 30.8%	15.6M▲ 120.5%	-800K▼ 105.1%	23.1M▲ 2987.5%	68.8M▲ 197.8%	39.3M▼ 42.9%	36.8M▼ 6.4%	18.6M▼ 49.5%	37.9M▲ 0%
Free Cash Flow	125M▲ 0%	132.8M▲ 6.2%	164.8M▲ 24.1%	185M▲ 12.3%	154.1M▼ 16.7%	195.9M▲ 27.1%	281.1M▲ 43.5%	325.8M▲ 15.9%	356.3M▲ 9.4%	317.3M▲ 0%
FCF Margin %	8.58%	8.49%	10.3%	12.26%	8.52%	9.9%	13.67%	14.47%	14.61%	12.41%
FCF Growth %	22.43%	6.24%	24.1%	12.26%	-16.7%	27.13%	43.49%	15.9%	9.36%	-5.54%
FCF per Share	3.63	3.87	4.82	5.44	4.55	5.83	8.39	9.73	10.64	10.64
FCF Conversion (FCF/Net Income)	2.13x	1.36x	1.48x	2.00x	1.09x	0.89x	1.19x	1.24x	1.18x	0.87x
Interest Paid	18.8M	19.1M	17.1M	12.2M	6.9M	5.7M	7.7M	12.7M	0	5M
Taxes Paid	39.4M	55.3M	50.8M	45.6M	73M	85.8M	115.7M	117.2M	0	54.3M

WTS Key Ratios

Watts Water Technologies, Inc. (WTS) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	9.35%	14.54%	14.09%	11.16%	14.77%	20.33%	18.63%	18.08%	18.25%	18.38%
Return on Invested Capital (ROIC)	11.64%	13.56%	14.05%	12.83%	16.94%	21.38%	20.25%	19.65%	21.2%	21.2%
Gross Margin	41.35%	41.95%	42.33%	41.46%	42.4%	44.17%	46.73%	47.15%	49.46%	49.25%
Net Margin	5.02%	7.98%	8.22%	7.58%	9.16%	12.71%	12.75%	12.93%	13.98%	14.32%
Debt / Equity	0.60x	0.40x	0.32x	0.19x	0.12x	0.11x	0.20x	0.12x	0.10x	0.10x
Interest Coverage	8.49x	11.71x	14.04x	13.56x	38.16x	44.94x	43.62x	27.26x	42.28x	34.30x
FCF Conversion	2.13x	1.36x	1.48x	2.00x	1.09x	0.89x	1.19x	1.24x	1.18x	0.87x
Revenue Growth	4.17%	7.43%	2.27%	-5.74%	19.93%	9.41%	3.88%	9.53%	8.27%	14.22%

WTS SEC Filings & Documents

Watts Water Technologies, Inc. (WTS) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

May 6, 2026·SEC

Material company update

Feb 11, 2026·SEC

Material company update

Nov 17, 2025·SEC

10-K Annual Reports

FY 2026

Feb 23, 2026·SEC

FY 2025

Feb 18, 2025·SEC

FY 2024

Feb 21, 2024·SEC

10-Q Quarterly Reports

FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 7, 2025·SEC

FY 2025

May 8, 2025·SEC

WTS Frequently Asked Questions

Watts Water Technologies, Inc. (WTS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Watts Water Technologies, Inc. (WTS) reported $2.56B in revenue for fiscal year 2025. This represents a 299% increase from $640.9M in 1996.

Watts Water Technologies, Inc. (WTS) grew revenue by 8.3% over the past year. This is steady growth.

Yes, Watts Water Technologies, Inc. (WTS) is profitable, generating $366.4M in net income for fiscal year 2025 (14.0% net margin).

Dividend & Returns

Yes, Watts Water Technologies, Inc. (WTS) pays a dividend with a yield of 0.68%. This makes it attractive for income-focused investors.

Watts Water Technologies, Inc. (WTS) has a return on equity (ROE) of 18.2%. This is reasonable for most industries.

Watts Water Technologies, Inc. (WTS) generated $317.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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