WTS
Watts Water Technologies Inc
NYSE: WTS · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY
$300.16
+0.97% today
Updated 2026-04-30
Market cap
$9.92B
P/E ratio
29.23
P/S ratio
4.07x
EPS (TTM)
$10.17
Dividend yield
0.67%
52W range
$205 – $345
Volume
0.2M
Watts Water Technologies Inc (WTS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.23B | $1.38B | $1.46B | $1.23B | $1.27B | $1.44B | $1.45B | $1.47B | $1.51B | $1.47B | $1.40B | $1.46B | $1.56B | $1.60B | $1.51B | $1.81B | $1.98B | $2.06B | $2.25B | $2.44B |
| Revenue growth (YoY) | — | +12.3% | +5.6% | -16.0% | +4.0% | +12.7% | +0.6% | +1.9% | +2.7% | -3.0% | -4.7% | +4.2% | +7.4% | +2.3% | -5.7% | +19.9% | +9.4% | +3.9% | +9.5% | +8.3% |
| Cost of revenue | $805.76M | $920.70M | $971.00M | $790.80M | $809.70M | $921.10M | $928.10M | $947.00M | $971.90M | $914.60M | $832.80M | $854.30M | $908.40M | $923.00M | $883.20M | $1.04B | $1.11B | $1.10B | $1.19B | $1.23B |
| Gross profit | $425.02M | $461.60M | $488.40M | $435.10M | $464.90M | $515.50M | $517.50M | $526.50M | $541.80M | $553.10M | $565.60M | $602.40M | $656.50M | $677.50M | $625.40M | $767.10M | $874.30M | $960.90M | $1.06B | $1.21B |
| Gross margin | 34.5% | 33.4% | 33.5% | 35.5% | 36.5% | 35.9% | 35.8% | 35.7% | 35.8% | 37.7% | 40.4% | 41.4% | 42.0% | 42.3% | 41.5% | 42.4% | 44.2% | 46.7% | 47.2% | 49.5% |
| R&D | $12.65M | $15.10M | $17.50M | $17.80M | $18.60M | $21.20M | $20.40M | $21.50M | $22.50M | $23.50M | $26.50M | $29.00M | $34.50M | $39.60M | $42.60M | $45.60M | $59.40M | $67.10M | $70.40M | — |
| SG&A | $300.18M | $332.70M | $360.20M | $323.50M | $336.70M | $379.90M | $384.80M | $405.70M | $316.90M | $410.80M | $349.70M | $351.20M | $373.90M | $378.90M | $337.20M | $393.20M | $415.90M | $465.90M | $508.50M | $734.20M |
| Operating income | $130.49M | $125.70M | $122.60M | $93.90M | $114.20M | $117.10M | $123.40M | $111.50M | $105.40M | $-90.10M | $145.00M | $162.30M | $188.40M | $197.10M | $181.10M | $239.60M | $315.00M | $350.90M | $390.40M | $471.80M |
| Operating margin | 10.6% | 9.1% | 8.4% | 7.7% | 9.0% | 8.2% | 8.5% | 7.6% | 7.0% | -6.1% | 10.4% | 11.1% | 12.0% | 12.3% | 12.0% | 13.2% | 15.9% | 17.1% | 17.3% | 19.3% |
| EBITDA | $171.72M | $177.30M | $137.90M | $141.10M | $162.10M | $168.70M | $174.30M | $158.20M | $151.10M | $-34.20M | $201.60M | $214.40M | $239.40M | $244.60M | $226.80M | $285.50M | $354.30M | $401.00M | $455.10M | $513.40M |
| EBITDA margin | 14.0% | 12.8% | 9.4% | 11.5% | 12.7% | 11.7% | 12.1% | 10.7% | 10.0% | -2.3% | 14.4% | 14.7% | 15.3% | 15.3% | 15.0% | 15.8% | 17.9% | 19.5% | 20.2% | 21.1% |
| EBIT | $136.43M | $137.90M | $92.80M | $94.30M | $117.30M | $117.30M | $124.90M | $109.30M | $103.00M | $-86.70M | $150.40M | $162.20M | $190.90M | $198.00M | $180.30M | $240.40M | $314.60M | $357.70M | $400.70M | $456.60M |
| Interest expense | $5.51M | $20.80M | $26.20M | $22.00M | $22.80M | $25.80M | $24.60M | $21.50M | $19.90M | $24.30M | $22.60M | $19.10M | $16.30M | $14.10M | $13.30M | $6.30M | $7.00M | $8.20M | $14.70M | $10.80M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $73.74M | $77.40M | $63.90M | $19.10M | $58.80M | $66.40M | $68.40M | $58.60M | $50.30M | $-112.90M | $84.20M | $73.10M | $124.80M | $131.50M | $114.30M | $165.70M | $251.50M | $262.10M | $291.20M | $340.80M |
| Net income growth (YoY) | — | +5.0% | -17.4% | -70.1% | +207.9% | +12.9% | +3.0% | -14.3% | -14.2% | -324.5% | +174.6% | -13.2% | +70.7% | +5.4% | -13.1% | +45.0% | +51.8% | +4.2% | +11.1% | +17.0% |
| Profit margin | 6.0% | 5.6% | 4.4% | 1.6% | 4.6% | 4.6% | 4.7% | 4.0% | 3.3% | -7.7% | 6.0% | 5.0% | 8.0% | 8.2% | 7.6% | 9.2% | 12.7% | 12.7% | 12.9% | 14.0% |