Watts Water Technologies, Inc. (WTS) quarterly cash flow statement — complete operating, investing & financing history
Watts Water Technologies, Inc. (WTS) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 158.1M | 102.9M | 17.9M | 154.7M | 122.4M | 69.7M | 55.2M | 139.5M | 90.7M | 85.3M | 45.6M | 109.9M | 100.4M | 67.1M | 33.4M | 137.7M | 41.4M | 46.9M | -2M | 45.9M |
| Operating CF Margin % | 21.72% | 13.48% | 2.64% | 24.75% | 20.01% | 10.83% | 9.89% | 25.81% | 16.69% | 14.28% | 7.99% | 20.07% | 19.91% | 12.59% | 7.08% | 27.44% | 8.49% | 8.91% | -0.43% | 9.69% |
| Operating CF Growth % | 29.17% | 47.63% | -67.57% | 10.9% | 34.95% | -18.29% | 21.05% | 26.93% | -9.66% | 27.12% | 36.53% | -20.19% | 142.51% | 43.07% | 1770% | 200% | -32.9% | 19.34% | -105.9% | -54.73% |
| Net Income | 145.4M | 118.3M | 99.6M | 83.7M | 82.2M | 100.9M | 74M | 67.5M | 69M | 82M | 72.6M | 55.8M | 65.8M | 75.9M | 64.7M | 68.6M | 58.7M | 69.7M | 54.5M | 40.1M |
| Depreciation & Amortization | 16.5M | 15.7M | 15.4M | 15.4M | 14.8M | 14.5M | 13.7M | 13.6M | 14.1M | 13.4M | 13.3M | 12.5M | 10.5M | 10.3M | 10M | 9.1M | 10.3M | 10M | 10.3M | 11.1M |
| Stock-Based Compensation | 7.5M | 13.5M | 0 | 6.1M | 5.6M | 6.6M | 2.9M | 4M | 5.5M | 6M | 4M | 5.7M | 5M | 5.5M | 4M | 5.2M | 5M | 4.9M | 3.3M | 6.1M |
| Deferred Taxes | -2.5M | -4.3M | 4.8M | 0 | 38.8M | -3.8M | -2.4M | -2.2M | -7.3M | -6.1M | 900K | -1.9M | -6.8M | -9.4M | -700K | -23.7M | -4.8M | -6.9M | 5.8M | 500K |
| Other Non-Cash Items | 1.1M | -4.4M | 5.8M | 5.9M | 100K | 100K | 100K | 100K | -41.6M | -3.2M | -1M | -100K | 0 | 0 | 200K | -1.6M | 0 | 200K | 1.3M | 300K |
| Working Capital Changes | -9.9M | -35.9M | -107.7M | 43.6M | -19.1M | -48.6M | -33.1M | 56.5M | 51M | -6.8M | -44.2M | 37.9M | 25.9M | -15.2M | -44.8M | 80.1M | -27.7M | -31M | -77.2M | -12.2M |
| Change in Receivables | 5.4M | -32.4M | -82M | 46.6M | 13.2M | -28M | -41.3M | 30.1M | 23.2M | -5.5M | -44.5M | 25.3M | 10.1M | 5.6M | -34.8M | 31M | 3.1M | -10.9M | -43.2M | 19.4M |
| Change in Inventory | -29.2M | -5.2M | -19.8M | -28M | -10.4M | -18.6M | -18.4M | 18M | 12.4M | -4.3M | -12.5M | 30.7M | 31.3M | -11.1M | -23.9M | 57.2M | -1.1M | -37.8M | -34.7M | -20.3M |
| Change in Payables | 12.9M | 17.1M | -2.9M | 8.3M | -3.4M | 8.4M | 32.5M | 5.7M | -14.3M | 10.9M | 5.7M | -3.1M | -18.8M | -2.7M | 15.8M | -14.1M | -31.6M | 23.7M | 700K | -12.3M |
| Cash from Investing | -26.1M | -11.1M | -13.2M | -185.8M | -11.5M | -25.6M | -79.9M | -12M | -5.2M | 2.3M | -109.8M | -312M | -7.8M | -18.2M | -5.1M | -3.6M | -7M | -6.7M | -5.6M | -16M |
| Capital Expenditures | -26.2M | -11.3M | -11.3M | -14.4M | -11.5M | -10.2M | -9.6M | -12M | -6.4M | -6.8M | -10.1M | -10.7M | -7.4M | -6.5M | -5.1M | -7.9M | -7.1M | -7.5M | -5.6M | -7.1M |
| CapEx % of Revenue | 3.6% | 1.48% | 1.67% | 2.3% | 1.88% | 1.58% | 1.72% | 2.22% | 1.18% | 1.14% | 1.77% | 1.95% | 1.47% | 1.22% | 1.08% | 1.57% | 1.46% | 1.42% | 1.21% | 1.5% |
| Acquisitions | 0 | 200K | -1.9M | -171.4M | 0 | -15.4M | -70.3M | 0 | 0 | 9.1M | -99.7M | -301.3M | -400K | -11.7M | 0 | 0 | 0 | 800K | 0 | -9.1M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 100K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.2M | 0 | 0 | 0 | 0 | 0 | 0 | 4.3M | 100K | 0 | 0 | 200K |
| Cash from Financing | -35.9M | -116.4M | -34.8M | -22.4M | -22.2M | -22.4M | -29.9M | -34.3M | -67.3M | -44.3M | -44.6M | 182.8M | -16.9M | -67.9M | -29M | -53M | -35M | -29M | -4.7M | -23.3M |
| Debt Issued (Net) | -10M | -90.7M | -700K | -700K | -600K | -600K | -700K | -15.7M | -45.7M | -25.6M | -15.7M | 199.2M | -600K | -50.7M | -700K | -38.3M | -20.8M | -400K | 59.8M | -10.4M |
| Equity Issued (Net) | -3.9M | -4.1M | -3.8M | -4.2M | -3.9M | -4M | -3.9M | -4M | -4.9M | -4.1M | -4M | -4.3M | -4M | -4M | -3.7M | -4.3M | -4M | -18.2M | -42.9M | -4.2M |
| Dividends Paid | -21.2M | -21.3M | -17.5M | -17.5M | -17.4M | -17.6M | -14.4M | -14.4M | -14.4M | -14.6M | -12.1M | -12.1M | -12.1M | -12.2M | -10.1M | -10.1M | -10.1M | -10.3M | -9M | -8.8M |
| Share Repurchases | -3.9M | -4.1M | -3.8M | -4.2M | -3.9M | -4M | -3.9M | -4M | -4.9M | -4.1M | -4M | -4.3M | -4M | -4M | -3.7M | -4.3M | -4M | -18.2M | -42.9M | -4.2M |
| Other Financing | -800K | -300K | -12.8M | 0 | -300K | -200K | -10.9M | -200K | -2.3M | -1 | -12.8M | 0 | -200K | -1M | -14.5M | -300K | -100K | -100K | -12.6M | 100K |
| Net Change in Cash | 96.9M | -26.8M | -30.8M | -52.2M | 88.4M | 32.5M | -50.1M | 83M | 24.5M | 42.3M | -113M | -12.6M | 70.8M | -19.9M | 1M | 91.3M | -10.5M | 3.2M | -15.2M | 3.3M |
| Free Cash Flow | 131.9M | 91.6M | 6.6M | 140.3M | 110.9M | 59.5M | 45.6M | 127.5M | 84.3M | 78.5M | 35.5M | 99.2M | 93M | 60.6M | 28.3M | 129.8M | 34.3M | 39.4M | -7.6M | 38.8M |
| FCF Margin % | 18.12% | 12% | 0.97% | 22.44% | 18.13% | 9.24% | 8.17% | 23.59% | 15.51% | 13.14% | 6.22% | 18.12% | 18.44% | 11.37% | 6% | 25.86% | 7.03% | 7.48% | -1.64% | 8.19% |
| FCF Growth % | 18.94% | 53.95% | -85.53% | 10.04% | 31.55% | -24.2% | 28.45% | 28.53% | -9.35% | 29.54% | 25.44% | -23.57% | 171.14% | 53.81% | 472.37% | 234.54% | -37.75% | 26.28% | -126.21% | -57.55% |
| FCF per Share | 3.94 | 2.73 | 0.20 | 4.20 | 3.31 | 1.78 | 1.36 | 3.81 | 2.52 | 2.34 | 1.06 | 2.96 | 2.78 | 1.80 | 0.84 | 3.87 | 1.02 | 1.17 | -0.22 | 1.14 |
| FCF Conversion (FCF/Net Income) | 1.09x | 0.87x | 0.18x | 1.85x | 1.49x | 0.69x | 0.75x | 2.06x | 1.31x | 1.04x | 0.63x | 1.97x | 1.53x | 0.88x | 0.52x | 2.01x | 0.71x | 0.67x | -0.04x | 1.14x |
| Interest Paid | 0 | -2.4M | 2.4M | 2.5M | 2.5M | 2.5M | 2.4M | 2.6M | 3.1M | 3.8M | 3.2M | 3.9M | 900K | 1.7M | 1.2M | 1.6M | 1.8M | 1.6M | 700K | 1.7M |
| Taxes Paid | 0 | -6.8M | 6.8M | 15M | 6.8M | 47.5M | 5.1M | -89M | 28.4M | 46.9M | 13.7M | 28.8M | 29.2M | 50M | 7.7M | 18M | 25.5M | 36.3M | 6M | 27M |