Watts Water Technologies (WTS) Financials

$238.71 +0.69 (+0.29%)

Closing price 05/22/2025 03:59 PM Eastern

Extended Trading

$239.21 +0.50 (+0.21%)

As of 06:29 AM Eastern

Annual Income Statements for Watts Water Technologies

This table shows Watts Water Technologies' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	291	262	252	166	114	132	128	73	84	-113
Consolidated Net Income / (Loss)	291	262	252	166	114	132	128	73	84	-113
Net Income / (Loss) Continuing Operations	291	262	252	0.00	114	132	128	73	84	-113
Total Pre-Tax Income	386	350	308	234	167	184	175	143	128	-111
Total Operating Income	390	351	315	240	181	197	188	162	145	-90
Total Gross Profit	1,062	961	874	767	625	678	657	602	566	553
Total Revenue	2,252	2,056	1,980	1,809	1,509	1,601	1,565	1,457	1,398	1,468
Operating Revenue	2,252	2,056	1,980	1,809	1,509	1,601	1,565	1,457	1,398	1,468
Total Cost of Revenue	1,190	1,095	1,105	1,042	883	923	908	854	833	915
Operating Cost of Revenue	1,190	1,095	1,105	1,042	883	923	908	854	833	915
Total Operating Expenses	672	610	559	528	444	480	468	440	421	643
Selling, General & Admin Expense	664	605	549	508	434	476	465	432	424	491
Restructuring Charge	7.20	5.50	11	19	9.90	4.30	3.40	6.80	4.70	21
Total Other Income / (Expense), net	-4.40	-1.40	-7.40	-5.50	-14	-13	-14	-19	-17	-21
Interest Expense	15	8.20	7.00	6.30	13	14	16	19	23	24
Interest & Investment Income	8.90	7.20	0.60	0.00	0.20	0.40	0.80	1.00	1.00	1.00
Other Income / (Expense), net	1.40	-0.40	-1.00	0.80	-1.00	0.50	1.70	-1.10	4.40	2.40
Income Tax Expense	95	87	56	68	53	52	47	70	44	1.90
Basic Earnings per Share	$8.70	$7.85	$7.51	$4.90	$3.37	$3.86	$3.73	$2.12	$2.45	($3.24)
Weighted Average Basic Shares Outstanding	33.50M	33.40M	33.50M	33.80M	33.90M	34.10M	34.30M	34.40M	34.40M	34.90M
Diluted Earnings per Share	$8.69	$7.82	$7.48	$4.88	$3.36	$3.85	$3.73	$2.12	$2.44	($3.24)
Weighted Average Diluted Shares Outstanding	33.50M	33.50M	33.60M	33.90M	34M	34.20M	34.30M	34.40M	34.50M	34.90M
Weighted Average Basic & Diluted Shares Outstanding	33.32M	33.31M	33.27M	33.60M	33.62M	34.10M	34.30M	34.50M	34.40M	34.80M
Cash Dividends to Common per Share	$1.65	$1.38	$1.16	$1.01	$0.92	$0.90	$0.82	$0.75	$0.71	$0.66

This table shows Watts Water Technologies' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/30/2025	12/31/2024	9/29/2024	6/30/2024	3/31/2024	12/31/2023	9/24/2023	6/25/2023	3/26/2023	12/31/2022	9/25/2022
Net Income / (Loss) Attributable to Common Shareholders	74	68	69	82	73	56	66	76	65	69	59
Consolidated Net Income / (Loss)	74	68	69	82	73	56	66	76	65	69	59
Net Income / (Loss) Continuing Operations	74	222	69	0.00	0.00	196	66	0.00	0.00	69	59
Total Pre-Tax Income	87	89	92	110	95	77	88	101	84	65	79
Total Operating Income	88	89	93	112	97	79	87	100	85	67	80
Total Gross Profit	273	253	257	285	268	256	234	253	218	219	218
Total Revenue	558	540	544	597	571	548	504	533	472	502	488
Operating Revenue	558	540	544	597	571	548	504	533	472	502	488
Total Cost of Revenue	286	288	287	313	303	292	270	280	254	283	270
Operating Cost of Revenue	286	288	287	313	303	292	270	280	254	283	270
Total Operating Expenses	185	164	164	173	171	177	147	152	133	151	138
Selling, General & Admin Expense	168	163	159	173	170	173	147	151	134	145	136
Restructuring Charge	17	0.90	4.90	0.20	1.20	3.80	0.40	1.60	-0.30	6.20	1.70
Total Other Income / (Expense), net	-0.80	-	-0.90	-2.00	-1.50	-1.40	1.00	0.20	-1.20	-2.50	-1.60
Interest Expense	2.70	2.80	3.60	4.10	4.20	3.80	1.20	1.70	1.50	2.00	1.90
Interest & Investment Income	2.30	2.80	2.10	1.90	2.10	3.20	2.30	1.30	0.40	0.30	0.20
Other Income / (Expense), net	-0.40	-	0.60	0.20	0.60	-0.80	-0.10	0.60	-0.10	-0.80	0.10
Income Tax Expense	13	22	23	28	23	22	22	25	19	-3.90	20
Basic Earnings per Share	$2.21	$2.02	$2.07	$2.44	$2.17	$1.67	$1.97	$2.27	$1.94	$2.05	$1.76
Weighted Average Basic Shares Outstanding	33.50M	33.50M	33.50M	33.50M	33.40M	33.40M	33.40M	33.50M	33.40M	33.50M	33.40M
Diluted Earnings per Share	$2.21	$2.02	$2.06	$2.44	$2.17	$1.67	$1.96	$2.26	$1.93	$2.05	$1.75
Weighted Average Diluted Shares Outstanding	33.50M	33.50M	33.50M	33.50M	33.50M	33.50M	33.50M	33.60M	33.50M	33.60M	33.50M
Weighted Average Basic & Diluted Shares Outstanding	33.38M	33.32M	33.33M	33.35M	33.37M	33.31M	33.33M	33.34M	33.37M	33.27M	33.29M
Cash Dividends to Common per Share	$0.43	$0.43	$0.43	$0.43	$0.36	$0.36	$0.36	$0.36	$0.30	$0.30	$0.30

This table details how cash moves in and out of Watts Water Technologies' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	37	39	69	23	-0.80	16	-76	-58	42	-4.90
Net Cash From Operating Activities	361	311	224	181	229	194	169	156	138	109
Net Cash From Continuing Operating Activities	361	311	224	181	229	194	169	156	138	109
Net Income / (Loss) Continuing Operations	291	262	252	166	114	132	128	73	84	-113
Consolidated Net Income / (Loss)	291	262	252	166	114	132	128	73	84	-113
Depreciation Expense	35	30	28	31	31	31	29	30	30	32
Amortization Expense	20	13	12	14	15	16	20	23	21	21
Non-Cash Adjustments To Reconcile Net Income	14	20	18	24	17	19	14	16	6.80	203
Changes in Operating Assets and Liabilities, net	1.20	-15	-85	-54	51	-2.70	-21	15	-4.10	-33
Net Cash From Investing Activities	-125	-343	-23	-31	-55	-72	-36	-27	-114	-17
Net Cash From Continuing Investing Activities	-125	-343	-23	-31	-55	-72	-36	-27	-114	-17
Purchase of Property, Plant & Equipment	-35	-30	-28	-27	-44	-29	-36	-29	-36	-28
Acquisitions	-96	-313	0.00	-9.10	-15	-43	-2.40	-1.40	-88	-20
Sale of Property, Plant & Equipment	5.90	0.00	5.20	5.10	2.20	0.10	2.20	3.50	10	31
Other Investing Activities, net	1.00	0.00	0.00	-	-	-	-	-	-	-
Net Cash From Financing Activities	-191	69	-122	-119	-182	-106	-203	-205	28	-71
Net Cash From Continuing Financing Activities	-191	69	-122	-119	-182	-106	-203	-205	28	-71
Repayment of Debt	-102	-90	-80	-97	-520	-127	-195	-178	-618	-6.00
Repurchase of Common Equity	-17	-16	-69	-16	-29	-20	-26	-18	-27	-45
Payment of Dividends	-56	-47	-40	-34	-31	-31	-28	-26	-25	-23
Issuance of Debt	0.00	240	85	40	408	82	50	20	689	0.00
Issuance of Common Equity	0.00	0.10	0.20	0.10	0.50	2.10	2.50	1.70	8.20	2.50
Other Financing Activities, net	-16	-19	-18	-11	-9.90	-12	-6.60	-4.90	-	0.30
Effect of Exchange Rate Changes	-9.10	2.60	-11	-	7.10	-1.00	-6.70	19	-9.60	-26
Cash Interest Paid	13	7.70	5.70	6.90	12	17	19	19	20	23
Cash Income Taxes Paid	117	116	86	73	46	51	55	39	34	25

This table details how cash moves in and out of Watts Water Technologies' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/30/2025	12/31/2024	9/29/2024	6/30/2024	3/31/2024	12/31/2023	9/24/2023	6/25/2023	3/26/2023	12/31/2022	9/25/2022
Net Change in Cash & Equivalents	-50	83	25	42	-113	-13	71	-20	1.00	91	-11
Net Cash From Operating Activities	55	140	91	85	46	110	100	67	33	138	41
Net Cash From Continuing Operating Activities	55	140	91	85	46	110	100	67	33	138	41
Net Income / (Loss) Continuing Operations	74	68	69	82	73	56	66	76	65	69	59
Consolidated Net Income / (Loss)	74	68	69	82	73	56	66	76	65	69	59
Depreciation Expense	8.80	8.70	9.00	8.30	8.60	8.30	7.50	7.30	7.00	6.10	7.30
Amortization Expense	4.90	4.90	5.10	5.10	4.70	4.20	3.00	3.00	3.00	3.00	3.00
Non-Cash Adjustments To Reconcile Net Income	3.00	4.00	4.40	2.90	3.00	5.70	5.00	5.50	4.20	3.60	4.90
Changes in Operating Assets and Liabilities, net	-36	54	3.10	-13	-43	36	19	-25	-46	56	-33
Net Cash From Investing Activities	-80	-12	-5.20	2.30	-110	-312	-7.80	-18	-5.10	-3.60	-7.00
Net Cash From Continuing Investing Activities	-80	-12	-5.20	2.30	-110	-312	-7.80	-18	-5.10	-3.60	-7.00
Purchase of Property, Plant & Equipment	-9.60	-12	-6.40	-6.80	-10	-11	-7.40	-6.50	-5.10	-7.90	-7.10
Acquisitions	-70	-	-	4.50	-101	-301	-0.40	-12	0.00	-	-
Sale of Property, Plant & Equipment	0.00	-	0.20	4.60	1.10	-	-	-	0.00	4.30	0.10
Net Cash From Financing Activities	-30	-34	-67	-44	-45	183	-17	-68	-29	-53	-35
Net Cash From Continuing Financing Activities	-30	-34	-67	-44	-45	183	-17	-68	-29	-53	-35
Repayment of Debt	0.00	-15	-47	-25	-15	-10	-	-50	-30	-35	-30
Repurchase of Common Equity	-3.90	-4.00	-4.90	-4.10	-4.00	-4.30	-4.00	-4.00	-3.70	-4.30	-4.00
Payment of Dividends	-14	-14	-14	-15	-12	-12	-12	-12	-10	-10	-10
Other Financing Activities, net	-12	-0.90	-0.70	-0.60	-14	-0.80	-0.80	-1.70	-15	-3.60	-0.90
Other Net Changes in Cash	4.50	-	-	-1.00	-4.20	-	-	-	-	-	-9.90
Cash Interest Paid	2.40	2.60	3.10	3.80	3.20	3.90	0.90	1.70	1.20	1.60	1.80
Cash Income Taxes Paid	5.10	28	28	47	14	29	29	50	7.70	18	26

This table presents Watts Water Technologies' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	2,397	2,309	1,931	1,856	1,738	1,723	1,654	1,737	1,763	1,691
Total Current Assets	1,084	1,061	951	862	710	735	721	784	819	809
Cash & Equivalents	387	350	311	242	219	220	204	280	338	296
Accounts Receivable	253	260	234	221	198	220	206	216	198	186
Inventories, net	392	399	376	371	264	270	287	259	239	240
Prepaid Expenses	51	52	30	28	29	25	25	27	41	46
Plant, Property, & Equipment, net	255	248	197	201	212	200	202	199	190	184
Plant, Property & Equipment, gross	692	677	596	609	609	558	537	526	498	-
Accumulated Depreciation	437	429	399	408	396	358	336	327	308	-
Total Noncurrent Assets	1,059	1,000	784	793	816	788	731	754	754	697
Goodwill	715	693	592	601	602	581	545	551	533	489
Intangible Assets	235	216	114	129	142	151	165	185	203	193
Noncurrent Deferred & Refundable Income Taxes	36	24	18	3.50	4.40	2.70	1.60	1.60	3.00	3.70
Other Noncurrent Operating Assets	72	68	60	61	68	53	19	17	16	12
Total Liabilities & Shareholders' Equity	2,397	2,309	1,931	1,856	1,738	1,723	1,654	1,737	1,763	1,691
Total Liabilities	689	796	630	682	668	745	762	908	1,027	986
Total Current Liabilities	418	406	379	409	313	419	349	327	426	295
Accounts Payable	148	132	134	143	110	123	127	124	101	102
Current Employee Benefit Liabilities	79	84	70	78	65	58	61	55	49	47
Other Current Liabilities	191	190	175	187	137	133	131	126	137	146
Total Noncurrent Liabilities	271	390	252	274	356	326	414	580	601	691
Long-Term Debt	197	298	148	142	198	204	323	475	511	574
Noncurrent Deferred & Payable Income Tax Liabilities	11	14	26	41	51	39	39	55	49	72
Other Noncurrent Operating Liabilities	63	79	78	92	106	83	52	50	42	45
Total Equity & Noncontrolling Interests	1,708	1,513	1,301	1,173	1,070	978	891	829	736	705
Total Preferred & Common Equity	1,708	1,513	1,301	1,173	1,070	978	891	829	736	705
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,708	1,513	1,301	1,173	1,070	978	891	829	736	705
Common Stock	700	678	655	635	610	595	572	555	539	515
Retained Earnings	1,185	979	795	666	560	514	441	373	349	318
Accumulated Other Comprehensive Income / (Loss)	-176	-143	-150	-127	-100	-131	-121	-99	-151	-128

This table presents Watts Water Technologies' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/30/2025	9/29/2024	6/30/2024	3/31/2024	9/24/2023	6/25/2023	3/26/2023	9/25/2022
Total Assets	2,501	2,399	2,383	2,332	2,018	2,004	1,990	1,886
Total Current Assets	1,108	1,066	1,061	1,010	1,042	1,023	1,014	937
Cash & Equivalents	337	304	279	237	363	292	312	220
Accounts Receivable	301	292	311	306	258	271	270	257
Inventories, net	419	420	426	424	386	422	401	423
Prepaid Expenses	51	50	45	44	35	38	31	38
Plant, Property, & Equipment, net	258	255	254	255	194	196	196	189
Plant, Property & Equipment, gross	713	700	684	684	610	612	603	578
Accumulated Depreciation	455	445	429	429	416	416	407	389
Total Noncurrent Assets	1,136	1,078	1,068	1,067	782	785	780	760
Goodwill	761	726	720	724	591	596	594	583
Intangible Assets	252	242	246	251	105	109	111	115
Noncurrent Deferred & Refundable Income Taxes	39	35	28	22	20	20	18	3.50
Other Noncurrent Operating Assets	85	77	75	71	67	61	58	59
Total Liabilities & Shareholders' Equity	2,501	2,399	2,383	2,332	2,018	2,004	1,990	1,886
Total Liabilities	729	710	765	781	566	590	644	678
Total Current Liabilities	450	418	425	407	380	405	396	379
Accounts Payable	158	141	163	163	121	153	151	132
Current Employee Benefit Liabilities	62	76	63	58	78	70	62	73
Other Current Liabilities	229	201	198	187	181	182	183	174
Total Noncurrent Liabilities	279	293	341	373	185	185	248	299
Long-Term Debt	197	212	259	284	98	98	148	182
Noncurrent Deferred & Payable Income Tax Liabilities	11	12	13	13	11	18	26	34
Other Noncurrent Operating Liabilities	71	69	69	77	76	70	75	83
Total Equity & Noncontrolling Interests	1,772	1,689	1,618	1,552	1,452	1,414	1,346	1,208
Total Preferred & Common Equity	1,772	1,689	1,618	1,552	1,452	1,414	1,346	1,208
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,772	1,689	1,618	1,552	1,452	1,414	1,346	1,208
Common Stock	705	695	690	684	672	667	661	650
Retained Earnings	1,230	1,136	1,086	1,023	940	890	832	741
Accumulated Other Comprehensive Income / (Loss)	-163	-142	-158	-155	-160	-143	-147	-184

This table displays calculated financial ratios and metrics derived from Watts Water Technologies' official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	9.53%	3.88%	9.41%	19.93%	-5.74%	2.27%	7.43%	4.17%	-4.72%	-3.04%
EBITDA Growth	13.31%	11.34%	23.89%	25.99%	-7.21%	2.35%	11.81%	6.38%	669.89%	-123.40%
EBIT Growth	11.78%	11.62%	30.62%	33.48%	-8.86%	3.95%	17.93%	7.90%	270.35%	-185.73%
NOPAT Growth	11.92%	2.17%	51.86%	36.82%	-12.05%	2.04%	66.59%	-13.21%	251.47%	-198.86%
Net Income Growth	11.10%	4.21%	51.78%	44.97%	-13.08%	2.73%	75.10%	-13.18%	174.58%	-324.45%
EPS Growth	11.13%	4.55%	53.28%	45.24%	-12.73%	3.22%	75.94%	-13.11%	175.31%	-328.17%
Operating Cash Flow Growth	16.18%	38.75%	23.89%	-20.98%	17.94%	14.52%	8.66%	12.89%	26.23%	-19.08%
Free Cash Flow Firm Growth	490.52%	-131.54%	32.73%	2.28%	24.83%	-19.64%	69.54%	158.10%	-77.59%	269.27%
Invested Capital Growth	3.87%	28.49%	5.99%	2.29%	-1.72%	2.59%	-0.36%	-0.08%	6.43%	-17.46%
Revenue Q/Q Growth	-0.31%	2.27%	1.43%	4.05%	0.21%	0.80%	1.38%	1.70%	-1.15%	-1.22%
EBITDA Q/Q Growth	2.81%	3.93%	0.57%	2.62%	2.95%	1.16%	2.67%	2.45%	286.51%	-144.39%
EBIT Q/Q Growth	2.92%	3.39%	1.29%	3.44%	4.04%	1.18%	4.34%	3.07%	13,481.82%	-421.25%
NOPAT Q/Q Growth	3.80%	-5.01%	13.07%	6.15%	-2.44%	-0.83%	36.00%	-21.71%	3,428.64%	-355.38%
Net Income Q/Q Growth	4.22%	-4.69%	12.78%	7.04%	-2.22%	-0.38%	37.05%	-21.31%	263.81%	-4,416.00%
EPS Q/Q Growth	4.20%	-4.63%	13.33%	6.78%	-2.33%	0.00%	37.13%	-21.48%	267.12%	-4,528.57%
Operating Cash Flow Q/Q Growth	8.93%	-8.21%	69.44%	-23.49%	1.02%	-1.87%	13.62%	9.87%	0.73%	5.60%
Free Cash Flow Firm Q/Q Growth	289.25%	-123.43%	60.68%	-19.50%	-7.95%	-15.60%	39.05%	333.71%	-74.29%	190.83%
Invested Capital Q/Q Growth	-4.95%	23.07%	-2.84%	0.94%	-3.24%	-3.98%	-5.81%	-5.51%	2.60%	-14.43%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	47.15%	46.73%	44.17%	42.40%	41.46%	42.33%	41.95%	41.35%	40.45%	37.68%
EBITDA Margin	19.81%	19.15%	17.87%	15.78%	15.02%	15.26%	15.25%	14.65%	14.35%	-2.40%
Operating Margin	17.33%	17.06%	15.91%	13.24%	12.00%	12.31%	12.04%	11.14%	10.37%	-6.14%
EBIT Margin	17.40%	17.05%	15.86%	13.29%	11.94%	12.35%	12.15%	11.07%	10.68%	-5.98%
Profit (Net Income) Margin	12.93%	12.75%	12.71%	9.16%	7.58%	8.22%	8.18%	5.02%	6.02%	-7.69%
Tax Burden Percent	75.44%	74.99%	81.76%	70.78%	68.44%	71.51%	73.31%	51.08%	65.88%	101.71%
Interest Burden Percent	98.52%	99.71%	97.96%	97.38%	92.73%	93.07%	91.85%	88.77%	85.54%	126.57%
Effective Tax Rate	24.56%	25.01%	18.24%	29.22%	31.56%	28.49%	26.69%	48.92%	34.12%	0.00%
Return on Invested Capital (ROIC)	19.77%	20.25%	23.30%	15.98%	11.71%	13.37%	13.25%	7.94%	9.42%	-5.81%
ROIC Less NNEP Spread (ROIC-NNEP)	22.52%	21.23%	27.90%	22.43%	-16.34%	5.47%	7.70%	4.19%	5.56%	-23.77%
Return on Net Nonoperating Assets (RNNOA)	-1.69%	-1.62%	-2.97%	-1.21%	-0.55%	0.70%	1.63%	1.40%	2.26%	-8.15%
Return on Equity (ROE)	18.08%	18.63%	20.33%	14.77%	11.16%	14.07%	14.88%	9.34%	11.68%	-13.96%
Cash Return on Invested Capital (CROIC)	15.98%	-4.69%	17.48%	13.72%	13.45%	10.82%	13.61%	8.01%	3.20%	13.33%
Operating Return on Assets (OROA)	16.65%	16.53%	16.59%	13.38%	10.41%	11.70%	11.21%	9.21%	8.65%	-4.82%
Return on Assets (ROA)	12.37%	12.36%	13.28%	9.22%	6.60%	7.79%	7.55%	4.18%	4.88%	-6.21%
Return on Common Equity (ROCE)	18.08%	18.63%	20.33%	14.77%	11.16%	14.07%	14.88%	9.34%	11.68%	-13.96%
Return on Equity Simple (ROE_SIMPLE)	17.05%	17.32%	19.34%	14.12%	10.68%	13.45%	14.36%	8.82%	11.44%	-16.02%
Net Operating Profit after Tax (NOPAT)	295	263	258	170	124	141	138	83	96	-63
NOPAT Margin	13.08%	12.80%	13.01%	9.37%	8.22%	8.81%	8.83%	5.69%	6.83%	-4.30%
Net Nonoperating Expense Percent (NNEP)	-2.75%	-0.98%	-4.60%	-6.45%	28.05%	7.91%	5.55%	3.74%	3.87%	17.97%
Return On Investment Capital (ROIC_SIMPLE)	15.46%	14.53%	17.78%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	52.85%	53.27%	55.83%	57.60%	58.54%	57.67%	58.05%	58.65%	59.55%	62.32%
SG&A Expenses to Revenue	29.50%	29.40%	27.72%	28.09%	28.79%	29.75%	29.70%	29.68%	30.33%	33.47%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	29.82%	29.66%	28.25%	29.16%	29.45%	30.02%	29.91%	30.21%	30.08%	43.82%
Earnings before Interest and Taxes (EBIT)	392	351	314	240	180	198	190	161	149	-88
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	446	394	354	286	227	244	239	213	201	-35
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.97	4.55	3.68	5.46	3.73	3.33	2.36	2.96	2.83	2.24
Price to Tangible Book Value (P/TBV)	8.94	11.40	8.06	14.42	12.25	13.28	11.59	26.26	1,894.87	68.50
Price to Revenue (P/Rev)	3.01	3.35	2.42	3.54	2.64	2.04	1.34	1.68	1.49	1.08
Price to Earnings (P/E)	23.27	26.27	19.05	38.63	34.88	24.80	16.41	33.52	24.75	0.00
Dividend Yield	0.81%	0.67%	0.81%	0.53%	0.78%	0.94%	1.33%	1.05%	1.17%	1.44%
Earnings Yield	4.30%	3.81%	5.25%	2.59%	2.87%	4.03%	6.09%	2.98%	4.04%	0.00%
Enterprise Value to Invested Capital (EV/IC)	4.34	4.68	4.07	5.87	3.78	3.14	2.16	2.55	2.29	1.90
Enterprise Value to Revenue (EV/Rev)	2.92	3.32	2.34	3.48	2.63	2.09	1.44	1.83	1.71	1.27
Enterprise Value to EBITDA (EV/EBITDA)	14.76	17.36	13.09	22.07	17.50	13.72	9.43	12.50	11.95	0.00
Enterprise Value to EBIT (EV/EBIT)	16.81	19.50	14.74	26.21	22.02	16.96	11.84	16.55	16.04	0.00
Enterprise Value to NOPAT (EV/NOPAT)	22.36	25.97	17.97	37.15	32.00	23.77	16.29	32.17	25.08	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	18.24	21.99	20.66	34.85	17.34	17.27	13.28	17.11	17.35	17.01
Enterprise Value to Free Cash Flow (EV/FCFF)	27.67	0.00	23.95	43.28	27.86	29.38	15.85	31.86	73.89	12.86
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.12	0.20	0.11	0.12	0.19	0.32	0.40	0.60	0.88	0.82
Long-Term Debt to Equity	0.12	0.20	0.11	0.12	0.19	0.21	0.36	0.57	0.69	0.81
Financial Leverage	-0.08	-0.08	-0.11	-0.05	0.03	0.13	0.21	0.34	0.41	0.34
Leverage Ratio	1.46	1.51	1.53	1.60	1.69	1.81	1.97	2.24	2.40	2.25
Compound Leverage Factor	1.44	1.50	1.50	1.56	1.57	1.68	1.81	1.98	2.05	2.85
Debt to Total Capital	10.34%	16.47%	10.19%	10.79%	15.63%	24.02%	28.39%	37.49%	46.90%	44.94%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	8.16%	2.41%	1.70%	10.03%	0.09%
Long-Term Debt to Total Capital	10.34%	16.47%	10.19%	10.79%	15.63%	15.86%	25.98%	35.79%	36.87%	44.85%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	89.66%	83.53%	89.81%	89.21%	84.37%	75.98%	71.61%	62.51%	53.10%	55.06%
Debt to EBITDA	0.44	0.76	0.42	0.50	0.87	1.27	1.48	2.33	3.24	-16.34
Net Debt to EBITDA	-0.43	-0.13	-0.46	-0.35	-0.09	0.37	0.63	1.02	1.56	-7.93
Long-Term Debt to EBITDA	0.44	0.76	0.42	0.50	0.87	0.84	1.36	2.22	2.55	-16.31
Debt to NOPAT	0.67	1.13	0.57	0.84	1.60	2.19	2.56	6.00	6.81	-9.12
Net Debt to NOPAT	-0.64	-0.20	-0.63	-0.59	-0.17	0.64	1.08	2.62	3.27	-4.43
Long-Term Debt to NOPAT	0.67	1.13	0.57	0.84	1.60	1.45	2.34	5.72	5.35	-9.10
Altman Z-Score	8.40	7.52	7.06	7.83	5.51	4.57	3.62	3.38	2.84	2.29
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.59	2.61	2.51	2.11	2.27	1.75	2.07	2.39	1.93	2.74
Quick Ratio	1.53	1.50	1.44	1.13	1.33	1.05	1.17	1.52	1.26	1.64
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	238	-61	193	146	142	114	142	84	32	145
Operating Cash Flow to CapEx	1,228.23%	1,046.46%	978.17%	837.04%	550.00%	666.67%	502.67%	601.93%	531.15%	0.00%
Free Cash Flow to Firm to Interest Expense	16.19	-7.43	27.61	23.11	10.70	8.09	8.71	4.38	1.44	5.96
Operating Cash Flow to Interest Expense	24.56	37.90	32.00	28.70	17.20	13.76	10.39	8.16	6.11	4.50
Operating Cash Flow Less CapEx to Interest Expense	22.56	34.28	28.73	25.27	14.08	11.70	8.33	6.81	4.96	4.63
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.96	0.97	1.05	1.01	0.87	0.95	0.92	0.83	0.81	0.81
Accounts Receivable Turnover	8.78	8.33	8.71	8.65	7.23	7.53	7.42	7.04	7.28	7.45
Inventory Turnover	3.01	2.83	2.96	3.29	3.31	3.31	3.33	3.43	3.47	3.44
Fixed Asset Turnover	8.96	9.24	9.96	8.76	7.32	7.96	7.82	7.50	7.48	7.57
Accounts Payable Turnover	8.51	8.23	7.96	8.22	7.57	7.37	7.24	7.60	8.21	8.22
Days Sales Outstanding (DSO)	41.57	43.81	41.92	42.22	50.49	48.50	49.17	51.88	50.17	49.02
Days Inventory Outstanding (DIO)	121.35	129.10	123.24	111.08	110.28	110.11	109.67	106.49	105.06	106.08
Days Payable Outstanding (DPO)	42.90	44.33	45.86	44.39	48.23	49.53	50.43	48.04	44.44	44.40
Cash Conversion Cycle (CCC)	120.02	128.58	119.30	108.90	112.55	109.08	108.41	110.33	110.78	110.69
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,518	1,462	1,137	1,073	1,049	1,068	1,041	1,044	1,045	982
Invested Capital Turnover	1.51	1.58	1.79	1.71	1.43	1.52	1.50	1.39	1.38	1.35
Increase / (Decrease) in Invested Capital	57	324	64	24	-18	27	-3.80	-0.80	63	-208
Enterprise Value (EV)	6,587	6,835	4,629	6,301	3,966	3,350	2,250	2,667	2,396	1,861
Market Capitalization	6,777	6,887	4,792	6,401	3,987	3,261	2,101	2,450	2,084	1,582
Book Value per Share	$51.24	$45.41	$39.07	$34.89	$31.80	$28.87	$26.14	$24.28	$21.51	$20.42
Tangible Book Value per Share	$22.74	$18.13	$17.86	$13.20	$9.68	$7.25	$5.32	$2.73	$0.03	$0.67
Total Capital	1,905	1,812	1,448	1,315	1,268	1,287	1,245	1,326	1,387	1,280
Total Debt	197	298	148	142	198	309	353	497	650	575
Total Long-Term Debt	197	298	148	142	198	204	323	475	511	574
Net Debt	-190	-52	-163	-100	-21	90	149	217	312	279
Capital Expenditures (CapEx)	29	30	23	22	42	29	34	26	26	-3.10
Debt-free, Cash-free Net Working Capital (DFCFNWC)	279	305	261	211	178	201	199	199	195	219
Debt-free Net Working Capital (DFNWC)	666	655	572	453	397	421	403	479	533	515
Net Working Capital (NWC)	666	655	572	453	397	316	373	456	394	514
Net Nonoperating Expense (NNE)	3.32	1.05	6.05	3.89	9.65	9.44	10	9.81	11	50
Net Nonoperating Obligations (NNO)	-190	-52	-163	-100	-21	90	149	215	309	277
Total Depreciation and Amortization (D&A)	54	43	40	45	47	47	49	52	51	53
Debt-free, Cash-free Net Working Capital to Revenue	12.37%	14.84%	13.19%	11.66%	11.79%	12.55%	12.68%	13.63%	13.92%	14.91%
Debt-free Net Working Capital to Revenue	29.55%	31.86%	28.89%	25.04%	26.30%	26.28%	25.73%	32.86%	38.12%	35.10%
Net Working Capital to Revenue	29.55%	31.86%	28.89%	25.04%	26.30%	19.72%	23.81%	31.32%	28.17%	35.02%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$8.70	$7.85	$7.51	$4.90	$3.37	$3.86	$3.73	$2.12	$2.45	($3.24)
Adjusted Weighted Average Basic Shares Outstanding	33.50M	33.40M	33.50M	33.80M	33.90M	34.10M	34.30M	34.40M	34.40M	34.90M
Adjusted Diluted Earnings per Share	$8.69	$7.82	$7.48	$4.88	$3.36	$3.85	$3.73	$2.12	$2.44	($3.24)
Adjusted Weighted Average Diluted Shares Outstanding	33.50M	33.50M	33.60M	33.90M	34M	34.20M	34.30M	34.40M	34.50M	34.90M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	33.32M	33.31M	33.27M	33.60M	33.62M	33.86M	33.95M	34.07M	34.19M	34.17M
Normalized Net Operating Profit after Tax (NOPAT)	300	267	266	183	131	144	141	87	99	43
Normalized NOPAT Margin	13.32%	13.00%	13.45%	10.13%	8.67%	9.00%	8.99%	5.97%	7.08%	2.95%
Pre Tax Income Margin	17.14%	17.00%	15.54%	12.94%	11.07%	11.49%	11.16%	9.82%	9.14%	-7.56%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	26.65	42.74	44.86	38.16	13.54	14.01	11.66	8.44	6.61	-3.61
NOPAT to Interest Expense	20.04	32.09	36.79	26.92	9.32	10.00	8.47	4.34	4.23	-2.60
EBIT Less CapEx to Interest Expense	24.65	39.12	41.59	34.73	10.41	11.95	9.60	7.08	5.46	-3.48
NOPAT Less CapEx to Interest Expense	18.04	28.47	33.52	23.49	6.19	7.93	6.41	2.98	3.08	-2.47
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	19.06%	17.74%	15.71%	20.70%	27.47%	23.88%	22.11%	35.43%	29.10%	-20.46%
Augmented Payout Ratio	24.90%	23.85%	43.30%	30.36%	52.76%	38.71%	42.42%	60.33%	60.93%	-59.96%

This table displays calculated financial ratios and metrics derived from Watts Water Technologies' official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/30/2025	12/31/2024	9/29/2024	6/30/2024	3/31/2024	12/31/2023	9/24/2023	6/25/2023	3/26/2023	12/31/2022	9/25/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-2.26%	-1.30%	7.79%	12.11%	21.03%	9.09%	3.38%	1.18%	1.84%	5.91%	7.21%
EBITDA Growth	-8.68%	13.50%	10.67%	12.40%	16.91%	19.74%	7.38%	5.10%	16.07%	2.72%	20.11%
EBIT Growth	-10.28%	14.25%	7.82%	10.59%	15.01%	17.32%	8.07%	5.32%	18.82%	6.41%	24.04%
NOPAT Growth	1.27%	19.03%	7.26%	10.23%	12.36%	-20.41%	8.62%	6.75%	17.73%	73.14%	26.68%
Net Income Growth	1.93%	21.18%	5.02%	8.04%	12.21%	-18.80%	12.10%	8.90%	18.72%	71.07%	26.51%
EPS Growth	1.84%	20.96%	5.10%	7.96%	12.44%	-18.54%	12.00%	9.18%	19.88%	75.21%	27.74%
Operating Cash Flow Growth	21.05%	26.93%	-9.66%	27.12%	36.53%	-20.19%	142.51%	43.07%	1,770.00%	200.00%	-32.90%
Free Cash Flow Firm Growth	111.76%	104.11%	-805.51%	-2,189.83%	-1,691.54%	-3,946.97%	201.14%	176.18%	178.14%	-59.48%	-169.63%
Invested Capital Growth	2.15%	3.87%	34.48%	30.90%	35.23%	28.49%	1.44%	5.32%	3.88%	5.99%	10.11%
Revenue Q/Q Growth	3.26%	-0.59%	-8.99%	4.62%	4.27%	8.57%	-5.35%	12.95%	-6.02%	2.89%	-7.37%
EBITDA Q/Q Growth	-1.56%	-4.91%	-13.75%	13.11%	22.35%	-7.28%	-12.40%	17.65%	25.30%	-16.85%	-14.26%
EBIT Q/Q Growth	-1.91%	-5.12%	-16.03%	14.80%	24.90%	-10.46%	-13.86%	19.39%	27.41%	-17.52%	-16.06%
NOPAT Q/Q Growth	10.64%	-3.26%	-16.44%	13.23%	30.04%	-12.83%	-14.12%	15.42%	-7.89%	18.97%	-15.60%
Net Income Q/Q Growth	9.63%	-2.32%	-15.73%	12.95%	30.34%	-15.35%	-13.31%	17.31%	-5.69%	16.87%	-15.78%
EPS Q/Q Growth	9.41%	-1.94%	-15.57%	12.44%	29.94%	-14.80%	-13.27%	17.10%	-5.85%	17.14%	-15.46%
Operating Cash Flow Q/Q Growth	-60.43%	53.80%	6.33%	87.06%	-58.51%	9.46%	49.63%	100.90%	-75.74%	232.61%	-11.73%
Free Cash Flow Firm Q/Q Growth	266.19%	103.24%	-15.71%	14.32%	-28.15%	-655.29%	242.75%	-34.75%	209.75%	114.60%	-158.15%
Invested Capital Q/Q Growth	7.55%	-4.95%	-0.03%	-0.04%	9.35%	23.07%	-2.70%	3.27%	3.90%	-2.84%	1.03%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	48.84%	46.74%	47.30%	47.68%	46.86%	46.68%	46.48%	47.45%	46.24%	43.55%	44.67%
EBITDA Margin	18.10%	18.99%	19.85%	20.94%	19.37%	16.51%	19.33%	20.89%	20.06%	15.04%	18.61%
Operating Margin	15.72%	16.47%	17.15%	18.67%	16.94%	14.37%	17.27%	18.84%	17.96%	13.39%	16.48%
EBIT Margin	15.65%	16.47%	17.26%	18.70%	17.04%	14.23%	17.25%	18.96%	17.94%	13.23%	16.50%
Profit (Net Income) Margin	13.26%	12.49%	12.71%	13.73%	12.72%	10.17%	13.05%	14.25%	13.72%	13.67%	12.03%
Tax Burden Percent	85.16%	75.84%	74.86%	74.89%	76.26%	72.06%	74.69%	75.45%	77.49%	106.03%	74.49%
Interest Burden Percent	99.54%	100.00%	98.40%	98.03%	97.84%	99.23%	101.26%	99.60%	98.70%	97.44%	97.89%
Effective Tax Rate	14.84%	24.16%	25.14%	25.11%	23.74%	27.94%	25.31%	24.55%	22.52%	-6.03%	25.51%
Return on Invested Capital (ROIC)	18.55%	18.88%	20.83%	22.03%	20.03%	16.39%	22.00%	23.83%	23.85%	25.43%	21.45%
ROIC Less NNEP Spread (ROIC-NNEP)	20.01%	18.88%	21.21%	23.42%	21.98%	17.33%	21.50%	23.70%	24.83%	27.44%	23.37%
Return on Net Nonoperating Assets (RNNOA)	-0.56%	-1.42%	-2.41%	-1.66%	-0.89%	-1.32%	-2.44%	-2.02%	-1.87%	-2.92%	-1.23%
Return on Equity (ROE)	17.99%	17.47%	18.42%	20.37%	19.14%	15.07%	19.56%	21.81%	21.98%	22.50%	20.22%
Cash Return on Invested Capital (CROIC)	16.16%	15.98%	-9.03%	-6.96%	-10.44%	-4.69%	22.06%	17.68%	19.25%	17.48%	10.77%
Operating Return on Assets (OROA)	14.50%	15.76%	17.65%	18.92%	17.00%	13.80%	17.77%	19.20%	18.32%	13.83%	17.18%
Return on Assets (ROA)	12.29%	11.95%	13.00%	13.89%	12.68%	9.87%	13.44%	14.43%	14.01%	14.29%	12.53%
Return on Common Equity (ROCE)	17.99%	17.47%	18.42%	20.37%	19.14%	15.07%	19.56%	21.81%	21.98%	22.50%	20.22%
Return on Equity Simple (ROE_SIMPLE)	16.51%	0.00%	16.54%	17.06%	17.40%	0.00%	18.94%	18.94%	19.45%	0.00%	18.46%
Net Operating Profit after Tax (NOPAT)	75	68	70	83	74	57	65	76	66	71	60
NOPAT Margin	13.38%	12.49%	12.84%	13.98%	12.92%	10.36%	12.90%	14.22%	13.91%	14.20%	12.28%
Net Nonoperating Expense Percent (NNEP)	-1.46%	0.00%	-0.38%	-1.40%	-1.95%	-0.94%	0.50%	0.14%	-0.99%	-2.01%	-1.92%
Return On Investment Capital (ROIC_SIMPLE)	3.79%	3.54%	-	-	-	3.13%	-	-	-	4.92%	-
Cost of Revenue to Revenue	51.16%	53.26%	52.70%	52.32%	53.14%	53.32%	53.52%	52.55%	53.76%	56.45%	55.33%
SG&A Expenses to Revenue	30.02%	30.11%	29.25%	28.98%	29.71%	31.62%	29.13%	28.30%	28.34%	28.93%	27.84%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	33.12%	30.27%	30.15%	29.01%	29.92%	32.31%	29.21%	28.60%	28.28%	30.17%	28.19%
Earnings before Interest and Taxes (EBIT)	87	89	94	112	97	78	87	101	85	66	81
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	101	103	108	125	111	90	98	111	95	76	91
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.83	3.97	4.10	3.78	4.55	4.55	3.92	4.10	3.92	3.68	3.33
Price to Tangible Book Value (P/TBV)	8.94	8.94	9.58	9.37	12.26	11.40	7.54	8.17	8.23	8.06	7.89
Price to Revenue (P/Rev)	3.03	3.01	3.06	2.76	3.28	3.35	2.83	2.91	2.66	2.42	2.06
Price to Earnings (P/E)	23.22	23.27	24.77	22.16	26.18	26.27	20.72	21.64	20.18	19.05	18.05
Dividend Yield	0.84%	0.81%	0.76%	0.82%	0.68%	0.67%	0.77%	0.73%	0.76%	0.81%	0.93%
Earnings Yield	4.31%	4.30%	4.04%	4.51%	3.82%	3.81%	4.83%	4.62%	4.96%	5.25%	5.54%
Enterprise Value to Invested Capital (EV/IC)	4.08	4.34	4.28	3.82	4.45	4.68	4.58	4.59	4.33	4.07	3.41
Enterprise Value to Revenue (EV/Rev)	2.97	2.92	3.02	2.75	3.30	3.32	2.70	2.81	2.57	2.34	2.04
Enterprise Value to EBITDA (EV/EBITDA)	15.25	14.76	15.73	14.40	17.36	17.36	14.34	15.06	13.95	13.09	11.34
Enterprise Value to EBIT (EV/EBIT)	17.43	16.81	17.94	16.31	19.59	19.50	16.03	16.85	15.63	14.74	12.86
Enterprise Value to NOPAT (EV/NOPAT)	22.53	22.36	24.07	21.86	26.23	25.97	19.62	20.60	19.13	17.97	17.51
Enterprise Value to Operating Cash Flow (EV/OCF)	17.96	18.24	20.60	17.87	22.03	21.99	16.05	20.04	19.72	20.66	30.17
Enterprise Value to Free Cash Flow (EV/FCFF)	25.50	27.67	0.00	0.00	0.00	0.00	20.89	26.64	22.91	23.95	33.16
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.11	0.12	0.13	0.16	0.18	0.20	0.07	0.07	0.11	0.11	0.15
Long-Term Debt to Equity	0.11	0.12	0.13	0.16	0.18	0.20	0.07	0.07	0.11	0.11	0.15
Financial Leverage	-0.03	-0.08	-0.11	-0.07	-0.04	-0.08	-0.11	-0.09	-0.08	-0.11	-0.05
Leverage Ratio	1.45	1.46	1.41	1.45	1.49	1.51	1.47	1.51	1.55	1.53	1.59
Compound Leverage Factor	1.45	1.46	1.38	1.42	1.46	1.50	1.49	1.51	1.53	1.49	1.56
Debt to Total Capital	10.01%	10.34%	11.14%	13.78%	15.45%	16.47%	6.33%	6.48%	9.90%	10.19%	13.12%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	10.01%	10.34%	11.14%	13.78%	15.45%	16.47%	6.33%	6.48%	9.90%	10.19%	13.12%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	89.99%	89.66%	88.86%	86.22%	84.55%	83.53%	93.67%	93.52%	90.10%	89.81%	86.88%
Debt to EBITDA	0.45	0.44	0.49	0.61	0.69	0.76	0.26	0.26	0.40	0.42	0.52
Net Debt to EBITDA	-0.32	-0.43	-0.21	-0.05	0.11	-0.13	-0.70	-0.52	-0.45	-0.46	-0.11
Long-Term Debt to EBITDA	0.45	0.44	0.49	0.61	0.69	0.76	0.26	0.26	0.40	0.42	0.52
Debt to NOPAT	0.67	0.67	0.75	0.93	1.05	1.13	0.35	0.36	0.55	0.57	0.80
Net Debt to NOPAT	-0.47	-0.64	-0.32	-0.07	0.17	-0.20	-0.95	-0.71	-0.61	-0.63	-0.16
Long-Term Debt to NOPAT	0.67	0.67	0.75	0.93	1.05	1.13	0.35	0.36	0.55	0.57	0.80
Altman Z-Score	7.61	7.99	7.91	6.84	7.42	7.13	8.23	8.05	7.01	6.63	5.64
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.46	2.59	2.55	2.50	2.48	2.61	2.74	2.53	2.56	2.51	2.48
Quick Ratio	1.42	1.53	1.43	1.39	1.33	1.50	1.63	1.39	1.47	1.44	1.26
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	40	11	-340	-294	-343	-267	48	14	22	6.95	-48
Operating Cash Flow to CapEx	575.00%	1,162.50%	1,462.90%	3,877.27%	506.67%	1,027.10%	1,356.76%	1,032.31%	654.90%	3,825.00%	591.43%
Free Cash Flow to Firm to Interest Expense	14.92	3.93	-94.37	-71.61	-81.58	-70.37	40.13	8.26	14.35	3.48	-25.06
Operating Cash Flow to Interest Expense	20.44	49.82	25.19	20.80	10.86	28.92	83.67	39.47	22.27	68.85	21.79
Operating Cash Flow Less CapEx to Interest Expense	16.89	45.54	23.47	20.27	8.71	26.11	77.50	35.65	18.87	67.05	18.11
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.93	0.96	1.02	1.01	1.00	0.97	1.03	1.01	1.02	1.05	1.04
Accounts Receivable Turnover	7.38	8.78	8.23	7.63	7.49	8.33	7.81	7.41	7.48	8.71	7.80
Inventory Turnover	2.78	3.01	2.96	2.78	2.78	2.83	2.69	2.55	2.72	2.96	2.83
Fixed Asset Turnover	8.74	8.96	10.06	9.86	9.56	9.24	10.50	10.22	10.13	9.96	9.92
Accounts Payable Turnover	7.31	8.51	9.11	7.45	7.30	8.23	8.60	6.81	7.10	7.96	7.74
Days Sales Outstanding (DSO)	49.45	41.57	44.36	47.84	48.73	43.81	46.71	49.28	48.79	41.92	46.78
Days Inventory Outstanding (DIO)	131.19	121.35	123.29	131.46	131.44	129.10	135.85	143.34	133.98	123.24	129.04
Days Payable Outstanding (DPO)	49.94	42.90	40.08	48.97	50.02	44.33	42.45	53.58	51.39	45.86	47.14
Cash Conversion Cycle (CCC)	130.70	120.02	127.57	130.33	130.14	128.58	140.11	139.04	131.39	119.30	128.68
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,633	1,518	1,597	1,598	1,598	1,462	1,188	1,220	1,182	1,137	1,171
Invested Capital Turnover	1.39	1.51	1.62	1.58	1.55	1.58	1.71	1.68	1.71	1.79	1.75
Increase / (Decrease) in Invested Capital	34	57	410	377	416	324	17	62	44	64	108
Enterprise Value (EV)	6,656	6,587	6,829	6,098	7,115	6,835	5,434	5,604	5,116	4,629	3,988
Market Capitalization	6,796	6,777	6,921	6,119	7,068	6,887	5,699	5,798	5,280	4,792	4,025
Book Value per Share	$53.20	$51.24	$50.65	$48.49	$46.46	$45.41	$43.55	$42.39	$40.45	$39.07	$36.25
Tangible Book Value per Share	$22.82	$22.74	$21.65	$19.57	$17.26	$18.13	$22.68	$21.28	$19.28	$17.86	$15.32
Total Capital	1,969	1,905	1,901	1,877	1,835	1,812	1,550	1,512	1,494	1,448	1,390
Total Debt	197	197	212	259	284	298	98	98	148	148	182
Total Long-Term Debt	197	197	212	259	284	298	98	98	148	148	182
Net Debt	-140	-190	-92	-21	46	-52	-265	-194	-164	-163	-37
Capital Expenditures (CapEx)	9.60	12	6.20	2.20	9.00	11	7.40	6.50	5.10	3.60	7.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	321	279	344	357	366	305	299	326	306	261	339
Debt-free Net Working Capital (DFNWC)	658	666	648	636	603	655	661	618	618	572	558
Net Working Capital (NWC)	658	666	648	636	603	655	661	618	618	572	558
Net Nonoperating Expense (NNE)	0.68	0.00	0.67	1.50	1.14	1.01	-0.75	-0.15	0.93	2.65	1.19
Net Nonoperating Obligations (NNO)	-140	-190	-92	-21	46	-52	-265	-194	-164	-163	-37
Total Depreciation and Amortization (D&A)	14	14	14	13	13	13	11	10	10	9.10	10
Debt-free, Cash-free Net Working Capital to Revenue	14.34%	12.37%	15.23%	16.08%	16.96%	14.84%	14.85%	16.37%	15.38%	13.19%	17.36%
Debt-free Net Working Capital to Revenue	29.38%	29.55%	28.69%	28.67%	27.96%	31.86%	32.89%	31.00%	31.07%	28.89%	28.61%
Net Working Capital to Revenue	29.38%	29.55%	28.69%	28.67%	27.96%	31.86%	32.89%	31.00%	31.07%	28.89%	28.61%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.21	$2.02	$2.07	$2.44	$2.17	$1.67	$1.97	$2.27	$1.94	$2.05	$1.76
Adjusted Weighted Average Basic Shares Outstanding	33.50M	33.50M	33.50M	33.50M	33.40M	33.40M	33.40M	33.50M	33.40M	33.50M	33.40M
Adjusted Diluted Earnings per Share	$2.21	$2.02	$2.06	$2.44	$2.17	$1.67	$1.96	$2.26	$1.93	$2.05	$1.75
Adjusted Weighted Average Diluted Shares Outstanding	33.50M	33.50M	33.50M	33.50M	33.50M	33.50M	33.50M	33.60M	33.50M	33.60M	33.50M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	33.38M	33.32M	33.33M	33.35M	33.37M	33.31M	33.33M	33.34M	33.37M	33.27M	33.29M
Normalized Net Operating Profit after Tax (NOPAT)	89	68	73	84	75	59	65	77	65	51	61
Normalized NOPAT Margin	16.02%	12.62%	13.51%	14.00%	13.08%	10.86%	12.96%	14.44%	13.86%	10.24%	12.54%
Pre Tax Income Margin	15.57%	16.47%	16.98%	18.33%	16.68%	14.12%	17.47%	18.88%	17.70%	12.89%	16.15%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	32.33	31.79	26.06	27.24	23.17	20.50	72.50	59.41	56.40	33.20	42.37
NOPAT to Interest Expense	27.66	24.11	19.38	20.37	17.56	14.92	54.21	44.56	43.75	35.63	31.52
EBIT Less CapEx to Interest Expense	28.78	27.50	24.33	26.71	21.02	17.68	66.33	55.59	53.00	31.40	38.68
NOPAT Less CapEx to Interest Expense	24.10	19.82	17.66	19.83	15.42	12.11	48.04	40.73	40.35	33.83	27.84
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	19.75%	19.06%	19.04%	18.44%	17.96%	17.74%	16.18%	15.86%	15.51%	15.71%	17.13%
Augmented Payout Ratio	25.53%	24.90%	25.23%	24.38%	24.00%	23.85%	22.00%	21.84%	27.05%	43.30%	48.21%

Frequently Asked Questions About Watts Water Technologies' Financials

When does Watts Water Technologies's fiscal year end?

According to the most recent income statement we have on file, Watts Water Technologies' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Watts Water Technologies' net income changed over the last 9 years?

Watts Water Technologies' net income appears to be on an upward trend, with a most recent value of $291.20 million in 2024, falling from -$112.90 million in 2015. The previous period was $262.10 million in 2023. See Watts Water Technologies' forecast for analyst expectations on what’s next for the company.

What is Watts Water Technologies's operating income?

Watts Water Technologies's total operating income in 2024 was $390.40 million, based on the following breakdown:

Total Gross Profit: $1.06 billion
Total Operating Expenses: $671.60 million

How has Watts Water Technologies revenue changed over the last 9 years?

Over the last 9 years, Watts Water Technologies' total revenue changed from $1.47 billion in 2015 to $2.25 billion in 2024, a change of 53.5%.

How much debt does Watts Water Technologies have?

Watts Water Technologies' total liabilities were at $689.10 million at the end of 2024, a 13.4% decrease from 2023, and a 30.1% decrease since 2015.

How much cash does Watts Water Technologies have?

In the past 9 years, Watts Water Technologies' cash and equivalents has ranged from $204.10 million in 2018 to $386.90 million in 2024, and is currently $386.90 million as of their latest financial filing in 2024.

How has Watts Water Technologies' book value per share changed over the last 9 years?

Over the last 9 years, Watts Water Technologies' book value per share changed from 20.42 in 2015 to 51.24 in 2024, a change of 150.9%.

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This page (NYSE:WTS) was last updated on 5/23/2025 by MarketBeat.com Staff

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Watts Water Technologies (WTS) Financials

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Watts Water Technologies (WTS) Financials

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