The Inventing Press

WATTS WATER TECHNOLOGIES INC

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$2.4B$2.3B$2.1B$2.0B$1.8B
Cost of revenue$1.2B$1.2B$1.1B$1.1B$1.0B
Gross profit$1.2B$1.1B$960.9M$874.3M$767.1M
Selling, general & administrative$734.2M$664.4M$604.5M$548.7M$508.2M
Research and development$73.5M$70.4M$67.1M$59.4M$45.6M
Operating income$448.1M$390.4M$350.9M$315.0M$239.6M
Interest expense$10.8M$14.7M$8.2M$7.0M$6.3M
Pretax income$445.8M$386.0M$349.5M$307.6M$234.1M
Income tax expense$105.0M$94.8M$87.4M$56.1M$68.4M
Net income$340.8M$291.2M$262.1M$251.5M$165.7M
Balance Sheet
Cash and equivalents$405.5M$386.9M$350.1M$310.8M$242.0M
Current assets$1.3B$1.1B$1.1B$950.6M$861.5M
Total assets$2.9B$2.4B$2.3B$1.9B$1.9B
Current liabilities$512.4M$417.9M$405.8M$378.7M$408.5M
Stockholders' equity$2.0B$1.7B$1.5B$1.3B$1.2B
Cash Flow Statement
Cash from operations$402.0M$361.1M$310.8M$224.0M$180.8M
Depreciation and amortization$56.8M$54.4M$43.3M$39.7M$45.1M
Stock-based compensation$21.2M$19.5M$20.2M$18.4M$22.9M
Capital expenditure$45.7M$35.3M$29.7M$28.1M$26.7M
Free cash flow$356.3M$325.8M$281.1M$195.9M$154.1M
Dividends paid$66.9M$55.5M$46.5M$39.5M$34.3M
Share repurchases$16.0M$17.0M$16.0M$69.4M$16.0M
Impairments$0$0$0$0$0

Shares outstanding 33.4M · Free float 96.2%

Annual filing data through FY ended December 31, 2025; float as of July 10, 2026.