Watts Water Technologies, Inc. logo WTS - Watts Water Technologies, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 8
HOLD 15
SELL 0
STRONG
SELL
0
| PRICE TARGET: $342.50 DETAILS
HIGH: $460.00
LOW: $275.00
MEDIAN: $326.50
CONSENSUS: $342.50
UPSIDE: 13.25%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 2,438.5 2,252.2 2,056.3 1,979.5 1,809.2 1,508.6 1,600.5 1,564.9 1,456.7 1,398.4 1,467.7 1,513.7 1,473.5 1,445.6 1,436.6 1,274.6 1,225.9 1,459.4 1,382.3 1,230.8 924.3 824.6 705.7 615.5 548.9 516.1 474.5 730 720.3 640.9 657.7 518.5 465.8
Cost of Revenue 1,232.5 1,190.2 1,095.4 1,105.2 1,042.1 883.2 923 908.4 854.3 832.8 914.6 971.9 947 928.1 921.1 809.7 790.8 971 920.7 805.8 599.6 534.0 465.0 406.8 365.4 310.7 285.3 452.4 454.1 407.1 400.1 299.9 271.5
Gross Profit 1,206 1,062 960.9 874.3 767.1 625.4 677.5 656.5 602.4 565.6 553.1 541.8 526.5 517.5 515.5 464.9 435.1 488.4 461.6 425.0 324.7 290.6 240.7 208.7 183.5 205.4 189.2 277.6 266.2 233.8 257.6 218.6 194.3
Operating Expenses
R&D Expenses 0 70.4 0 59.4 45.6 42.6 39.6 34.5 29 26.5 23.5 22.5 21.5 20.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 734.2 594 604.5 489.3 462.6 392.2 436.5 430.2 403.3 397.6 464.3 378.7 390.3 361.8 379.9 336.7 323.5 360.2 332.7 300.2 229.4 206.9 170.2 150.6 131.8 125.3 119.9 163.8 159 163 149 121.6 111.6
Other Expenses 0 7.2 5.5 10.6 19.3 9.5 4.3 3.4 7.8 (3.5) 155.4 35.2 0 0 (7.7) 0 0 0 0 0 0 0 0 198.1 0 20.1 17.4 23.2 20.8 21.6 24.6 22.4 20.6
Operating Expenses 734.2 671.6 610 559.3 527.5 444.3 480.4 468.1 440.1 420.6 643.2 436.4 418.9 389.4 372.2 336.7 323.5 360.2 332.7 300.2 229.4 206.9 170.2 348.6 131.8 145.4 137.3 187 179.8 184.6 173.6 144 132.2
Operating Income
Operating Income 471.8 390.4 350.9 315 239.6 181.1 197.1 188.4 162.3 145 (90.1) 105.4 111.5 123.4 117.1 114.2 93.9 122.6 125.7 130.5 94.6 83.6 70.0 57.5 50.3 60.0 51.9 90.6 86.4 49.2 84 74.6 62.1
Interest Expense 10.8 14.7 8.2 7 6.3 13.3 14.1 16.3 19.1 22.6 24.3 19.9 21.5 24.6 25.8 22.8 22 26.2 20.8 0 0 0 0 0 14.4 19.6 2.1 8.6 7.8 183.8 10 5.8 20
Interest Income 9.8 8.9 7.2 0.6 0 0.2 0.4 0.8 1 1 1 0.7 0.6 0.7 1 1 0.9 5.1 14.5 0 0 0 0 188.9 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 513.4 455.1 401 354.3 285.5 226.8 244.6 239.4 214.4 201.6 (34.2) 151.1 158.2 174.3 168.7 162.1 141.1 137.9 177.3 171.7 124.4 115.4 91.7 80.5 75.4 80.1 69.3 62.3 62.2 70.8 108.6 97 82.7
EBIT 456.6 400.7 357.7 314.6 240.4 180.3 198 190.9 162.2 150.4 (86.7) 103 109.3 124.9 117.3 117.3 94.3 94.2 140.7 124.8 95.3 83.7 70.4 58.2 51.7 60.0 51.8 47 48.5 49.2 84 74.6 62.1
Income Before Tax 445.8 386 349.5 307.6 234.1 167 183.9 174.6 143.1 127.8 (111) 83.1 87.8 100.3 91.5 94.5 74 94.3 113.8 116.1 85.8 77.7 58.8 50.2 40.2 49.2 45 81.1 75.6 (49.4) 73.6 67.3 49.1
Income Tax Expense 105 94.8 87.4 56.1 68.4 52.7 52.4 49.8 70 43.6 1.9 32.8 26.9 29.7 26.8 31.4 31.3 29.7 36.2 39.0 30.8 23.9 22.4 17.6 13.6 18.0 15.5 27.7 27.1 4.4 27.9 26.3 18.7
Net Income 340.8 291.2 262.1 251.5 165.7 114.3 131.5 124.8 73.1 84.2 (112.9) 50.3 58.6 68.4 66.4 58.8 19.1 63.9 77.4 73.7 54.6 46.8 33.4 32.6 26.6 24.0 36 53.4 51.8 (50.3) 45.7 41 27.3
Per Share Data
EPS (Basic) 10.17 8.69 7.85 7.51 4.90 3.37 3.86 3.64 2.12 2.45 -3.24 1.42 1.65 1.90 1.78 1.58 0.47 1.27 2.00 2.21 1.68 1.45 1.04 1.22 1.00 0.91 1.36 1.96 1.89 -1.70 1.54 1.38 0.90
EPS (Diluted) 10.17 8.69 7.82 7.49 4.89 3.36 3.85 3.64 2.12 2.44 -3.23 1.42 1.65 1.90 1.78 1.57 0.47 1.26 1.99 2.19 1.66 1.43 1.04 1.21 0.99 0.90 1.34 1.95 1.89 -1.70 1.54 1.38 0.90
Shares Outstanding 33.5 33.5 33.4 33.5 33.8 33.9 34.1 34.3 34.4 34.4 34.8 35.3 35.5 36 37.3 37.3 37 36.6 38.6 33.3 32.5 32.3 27.2 26.7 26.5 26.4 26.8 27.2 27.4 29.5 29.8 29.7 30.3
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 405.5 386.9 350.1 310.8 242 218.9 219.7 204.1 280.2 338.4 258.2 165.6 65.9 149.4 11.0 12.0 15.2 13 14.3 13.9 0 4.3 6.2 16.9
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 6.5 0 26.6 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 294 253.2 259.8 233.8 220.9 197.6 219.8 205.5 216.1 198 181.3 221.3 150.1 135.2 123.5 95.5 97.7 94.3 83.1 121.3 116.4 118.8 79.3 68.1
Inventory 524.3 392.1 399.3 375.6 370.7 263.6 270.1 286.8 259.1 239.4 266.7 339 203.0 156.6 133.4 115.9 109.0 112.8 97.8 171.2 182.1 200.8 153.1 131.9
Other Current Assets 0 51.3 51.8 30.4 0 0 0 0 1.5 3.1 69.8 64 37.7 34.2 33.0 25.3 27.3 32.7 152.1 39.2 112.3 31.2 82.3 84.3
Total Current Assets 1,286.1 1,083.5 1,061 950.6 861.5 709.5 734.9 721.3 783.6 858 796.8 795.5 497.7 480.5 308.8 256.1 249.2 252.8 347.3 345.6 410.8 355.1 320.9 301.2
Non-Current Assets
Property, Plant & Equipment 297.1 254.8 248.2 196.8 200.7 212.3 200 201.9 198.5 189.7 206.5 237.4 150.7 145.7 134.4 128.6 125.8 130.2 107.4 152.7 148 168.4 136.2 134.3
Goodwill 859 715 693 592.4 600.7 602.4 581.1 544.8 550.5 532.7 425.1 453.2 226.2 184.9 0 0 0 0 0 0 0 0 0 0
Intangible Assets 294.6 235 216.1 113.7 128.6 141.8 151.4 165.2 185.2 202.5 152.9 174.6 0 0 163.2 124.5 98.2 95.3 83.5 110.9 79.5 149.1 89.5 87
Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 8.3 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 144.4 72.3 67.5 59.6 60.6 67.8 53 18.9 17.1 15.9 8.8 37.7 49.7 27.6 28.1 11.2 8.8 8.8 55.8 12.9 12.7 17.4 12.3 13.2
Total Non-Current Assets 1,595.1 1,313.5 1,248.4 980.3 994.1 1,028.7 988.2 932.4 952.9 938.8 796.3 882.4 426.6 358.2 325.7 264.3 232.8 234.3 246.7 276.5 240.2 334.9 238 234.5
Total Assets 2,881.2 2,397 2,309.4 1,930.9 1,855.6 1,738.2 1,723.1 1,653.7 1,736.5 1,796.8 1,593.1 1,677.9 924.2 838.6 634.5 520.5 482.0 487.1 594 622.1 651 690 558.9 535.7
Current Liabilities
Account Payables 182.2 148 131.8 134.3 143.4 110.1 123.3 127.2 123.8 101.1 102.3 115.2 73.6 73.6 64.7 42.9 39.6 46.9 30 48.9 46 40.7 24.7 21.2
Short-Term Debt 0 0 0 0 0 0 105 30 22.5 139.1 50.9 4.5 5.0 11.7 82.2 3.7 1.2 5.7 6 2.4 2.9 11.8 1.1 2.4
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 177.7 171.6 149.3 155.6 122.8 116.3 115.5 112.9 48.5 9.8 35.2 24.3 16.0 18.9 0 71.3 58.5 55 69.6 87 60.6 48.5 54.9
Total Current Liabilities 512.4 417.9 405.8 378.7 408.5 312.8 419.3 348.7 327.4 425.5 307 294.5 197.2 172.3 231.6 113.5 112.1 111.1 91 120.9 135.9 113.1 74.3 78.5
Non-Current Liabilities
Long-Term Debt 197.7 197 298.3 147.6 141.9 198.2 204.2 323.4 474.6 511.3 304 409.8 180.6 179.1 56.3 123.2 105.4 124 78.8 125.9 160.2 132.8 97.5 101.5
Deferred Tax Liabilities 36.5 10.9 13.5 26.2 40.5 51.1 38.6 38.5 55.2 84.4 43 43.2 19.6 16.0 20.8 15.7 15.5 13.6 15.9 16.7 13.8 17.6 16.4 13.4
Other Non-Current Liabilities 106.9 63.3 78.5 77.8 91.5 106.3 83 51.8 50.3 41.5 57.8 72.7 29.5 25.1 19.7 11.4 9.8 11.2 7.6 13.9 10.4 14.1 9.1 7.2
Total Non-Current Liabilities 341.1 271.2 390.3 251.6 273.9 355.6 325.8 416.9 580.1 637.2 404.8 523.6 226.8 220.6 96.8 150.3 130.6 148.8 102.3 156.5 184.4 164.5 123 122.1
Total Liabilities 853.5 689.1 796.1 630.3 682.4 668.4 745.1 765.6 907.5 1,062.7 711.8 818.1 423.9 393.0 328.4 263.8 242.7 259.9 193.3 277.4 320.3 277.6 197.3 200.6
Stockholders' Equity
Common Stock 3.3 3.3 3.3 3.3 3.4 3.4 3.4 3.4 3.4 3.4 3.7 3.6 3.2 3.2 2.7 2.7 2.6 2.6 0 0 0 0 0 0
Retained Earnings 1,431.3 1,184.8 979.1 795.3 665.9 560.1 513.9 437.5 372.9 348.5 453.8 469.1 324.1 286.4 259.9 233.8 213.6 196.7 356.5 293.2 249.4 307.5 268.7 235.1
Accumulated Other Comprehensive Income (127.5) (176.4) (143.4) (149.9) (127.3) (100) (130.8) (121.1) (99.1) (153) 30.1 0.2 25.2 13.8 (11.8) (24.3) (19.7) (15.2) 0 (128.5) (112.4) (111.6) (94.1) (84)
Total Stockholders' Equity 2,027.7 1,707.9 1,513.3 1,300.6 1,173.2 1,069.8 978 888.1 829 734.1 881.3 859.8 492.8 436.4 295.9 249.3 232.5 219.5 392.7 333.6 319.6 406 361.6 335.1
Total Liabilities & Equity 2,881.2 2,397 2,309.4 1,930.9 1,855.6 1,738.2 1,723.1 1,653.7 1,736.5 1,796.8 1,593.1 1,677.9 924.2 838.6 634.5 520.5 482.0 487.1 594 622.1 651 690 558.9 535.7
Debt Metrics
Total Debt 197.7 197 298.3 147.6 141.9 198.2 309.2 353.4 497.1 650.4 354.9 414.3 185.5 192.3 138.5 126.9 106.6 129.7 84.8 128.3 163.1 144.6 98.6 103.9
Net Debt (207.8) (189.9) (51.8) (163.2) (100.1) (20.7) 89.5 149.3 216.9 312 96.7 248.7 119.6 43.0 127.5 114.9 91.4 116.7 70.5 114.4 163.1 140.3 92.4 87
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 340.8 291.2 262.1 251.5 165.7 114.3 131.5 124.8 73.1 84.2 55.0 48.7 36.5 32.6 26.6 24.0 36 53.4 51.8 (50.3) 45.7 41 30.4
Depreciation & Amortization 56.8 54.4 43.3 39.7 45.1 46.5 46.6 48.5 52.2 51.2 26.1 28.1 21.3 22.3 23.7 20.1 17.4 23.2 20.8 21.6 24.6 22.4 20.6
Stock-Based Compensation 21.2 19.5 20.2 18.4 22.9 12.7 17.8 13.8 13.9 13.4 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (57.2) 15.9 3.8 (55.8) (46.1) 44.3 (4) (2.6) 8.2 (7.6) (28.6) (31.6) (8.8) (5.1) 2.5 5.0 3.5 (11.8) (6.1) 9.2 (32.3) (26.9) (2.8)
Other Non-Cash Items 1.9 (5.2) 0.2 (0.2) 1.4 4 0.8 0.2 2.1 (6.6) (1.1) 6.6 (6.5) 2.2 (1.7) (2.9) 16.8 (0.2) (11.5) 90.9 (0.1) 0.1 (0.1)
Operating Cash Flow 402 361.1 310.8 224 180.8 228.8 194 169.4 155.9 138.1 50.8 46.8 43.5 53.6 51.2 54.8 65.1 62.8 58.9 55.4 40.3 36.4 47
Investing Activities
Capital Expenditure (45.7) (35.3) (29.7) (28.1) (26.7) (43.8) (29.2) (36.6) (30.9) (36) (18.6) (21.0) (20.0) (19.6) (16.0) (14.2) (133.6) (54.1) (29.9) (32.2) (49.8) (21.9) (25.8)
Acquisitions (257.1) (96.3) (313.4) 5.2 (9.1) (13.2) (42.7) (1.7) 0.1 (88) (191.4) (68.5) (18.6) (26.2) (43.0) (10.0) 0 0 0 0 0 0 0.6
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0.7 (25) 0 0 0 0 0 (0.1) (0.7) 0 0 0 (6.9)
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 26.6 2.4 0 0 0 0 0 0 0 4.5 54.3 7.4 32.7
Other Investing Activities 0 6.9 0 0 5.1 2.2 0.1 2.4 3.5 10 (0.5) 0.7 1.6 2.0 0.8 (0.0) 1.9 7.4 50.7 (14) (72.5) (11.6) (37)
Investing Cash Flow (302.8) (124.7) (343.1) (22.9) (30.7) (54.8) (71.8) (35.9) (27.3) (114) (183.2) (111.4) (37.0) (43.8) (58.2) (24.2) (131.7) (46.8) 20.1 (41.7) (68) (26.1) (36.4)
Financing Activities
Net Debt Issuance (2.6) (102.7) 147.2 0.3 (56.4) (112.1) (46.6) (151.1) (162.9) 72.9 119.5 (12.2) 41.8 (14.6) 11.0 (21.4) 84.8 (10.8) (34.4) 18.5 30.7 (5.3) 2
Stock Repurchased (16) (17) (16) (69.4) (16) (28.9) (19.5) (26) (18.2) (26.8) 0 0 0 0 (1.4) 0 (9.4) (2.6) (25.6) (28.6) 0 (12.1) 0
Dividends Paid (66.9) (55.5) (46.5) (39.5) (34.3) (31.4) (31.4) (28.3) (25.9) (24.5) (10.5) (9.1) (6.9) (6.5) (6.4) (7.1) (9.4) (8.9) (8) (7.8) (7) (5.9) (4.8)
Other Financing Activities (11.4) (15.3) (15.7) (13.1) (11.9) (10) (10.2) 2.5 1.7 6.1 0 (1.1) 4.7 (0.1) 0 0 (0.1) (0.3) 0.2 0 0.1 0.1 0.1
Financing Cash Flow (96.9) (190.5) 69 (121.7) (118.6) (181.9) (105.6) (202.9) (205.3) 27.7 112.9 (16.5) 128.1 (13.1) 5.7 (27.9) 66 (19.9) (65.9) (17.1) 25.9 (20.8) (1.4)
Cash Position
Net Change in Cash 18.6 36.8 39.3 68.8 23.1 (0.8) 15.6 (76.1) (58.2) 42.2 (20.2) (79.1) 138.4 (1.0) (1.5) 2.2 2 (3.7) 13.9 (3.3) (2) (10.7) 7
Cash at Beginning 386.9 350.1 310.8 242 218.9 219.7 204.1 280.2 338.4 296.2 65.9 145.0 11.0 12.0 13.5 13.0 10.8 13.9 0 3.3 6.2 16.9 10
Cash at End 405.5 386.9 350.1 310.8 242 218.9 219.7 204.1 280.2 338.4 45.8 65.9 149.4 11.0 12.0 15.2 12.8 10.2 13.9 0 4.2 6.2 17
Free Cash Flow 356.3 325.8 281.1 195.9 154.1 185 164.8 132.8 125 102.1 32.2 25.8 23.5 34.0 35.2 40.6 (68.5) 8.7 29 23.2 (9.5) 14.5 21.2
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 2,438.5 2,252.2 2,056.3 1,979.5 1,809.2 1,508.6 1,600.5 1,564.9 1,456.7 1,398.4 1,467.7 1,513.7 1,473.5 1,445.6 1,436.6 1,274.6 1,225.9 1,459.4 1,382.3 1,230.8 924.3 824.6 705.7 615.5 548.9 516.1 474.5 730 720.3 640.9 657.7 518.5 465.8
Gross Profit 1,206 1,062 960.9 874.3 767.1 625.4 677.5 656.5 602.4 565.6 553.1 541.8 526.5 517.5 515.5 464.9 435.1 488.4 461.6 425.0 324.7 290.6 240.7 208.7 183.5 205.4 189.2 277.6 266.2 233.8 257.6 218.6 194.3
Operating Income 471.8 390.4 350.9 315 239.6 181.1 197.1 188.4 162.3 145 (90.1) 105.4 111.5 123.4 117.1 114.2 93.9 122.6 125.7 130.5 94.6 83.6 70.0 57.5 50.3 60.0 51.9 90.6 86.4 49.2 84 74.6 62.1
Net Income 340.8 291.2 262.1 251.5 165.7 114.3 131.5 124.8 73.1 84.2 (112.9) 50.3 58.6 68.4 66.4 58.8 19.1 63.9 77.4 73.7 54.6 46.8 33.4 32.6 26.6 24.0 36 53.4 51.8 (50.3) 45.7 41 27.3
EPS (Diluted) 10.17 8.69 7.82 7.49 4.89 3.36 3.85 3.64 2.12 2.44 -3.23 1.42 1.65 1.90 1.78 1.57 0.47 1.26 1.99 2.19 1.66 1.43 1.04 1.21 0.99 0.90 1.34 1.95 1.89 -1.70 1.54 1.38 0.90
Balance Sheet
Cash & Equivalents 405.5 386.9 350.1 310.8 242 218.9 219.7 204.1 280.2 338.4 258.2 165.6 65.9 149.4 11.0 12.0 15.2 13 14.3 13.9 0 4.3 6.2 16.9
Total Assets 2,881.2 2,397 2,309.4 1,930.9 1,855.6 1,738.2 1,723.1 1,653.7 1,736.5 1,796.8 1,593.1 1,677.9 924.2 838.6 634.5 520.5 482.0 487.1 594 622.1 651 690 558.9 535.7
Total Debt 197.7 197 298.3 147.6 141.9 198.2 309.2 353.4 497.1 650.4 354.9 414.3 185.5 192.3 138.5 126.9 106.6 129.7 84.8 128.3 163.1 144.6 98.6 103.9
Stockholders' Equity 2,027.7 1,707.9 1,513.3 1,300.6 1,173.2 1,069.8 978 888.1 829 734.1 881.3 859.8 492.8 436.4 295.9 249.3 232.5 219.5 392.7 333.6 319.6 406 361.6 335.1
Cash Flow
Operating Cash Flow 402 361.1 310.8 224 180.8 228.8 194 169.4 155.9 138.1 50.8 46.8 43.5 53.6 51.2 54.8 65.1 62.8 58.9 55.4 40.3 36.4 47
Capital Expenditure (45.7) (35.3) (29.7) (28.1) (26.7) (43.8) (29.2) (36.6) (30.9) (36) (18.6) (21.0) (20.0) (19.6) (16.0) (14.2) (133.6) (54.1) (29.9) (32.2) (49.8) (21.9) (25.8)
Free Cash Flow 356.3 325.8 281.1 195.9 154.1 185 164.8 132.8 125 102.1 32.2 25.8 23.5 34.0 35.2 40.6 (68.5) 8.7 29 23.2 (9.5) 14.5 21.2