Watts Water Technologies, Inc. designs, manufactures, and sells products, solution, and systems that manage and conserve the flow of fluids and energy into, through and out of buildings in the commercial and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers residential and commercial flow control products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, and thermostatic mixing valves. It also provides heating, ventilation, and air conditioning and gas products, such as boilers, water heaters, custom heat, and hot water solutions; hydronic and electric heating systems for under-floor radiant applications; custom heat and hot water solutions; hydronic pump groups for boiler manufacturers and alternative energy control packages; and flexible stainless steel connectors for natural and liquid propane gas in commercial food service and residential applications. In addition, the company offers drainage and water re-use products comprising drainage products and engineered rain water harvesting solutions for commercial, industrial, marine, and residential applications; and water quality products that include point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems for commercial and residential applications. Further, it provides smart mixing system under the IntelliStation name. The company sells its products to plumbing, heating, and mechanical wholesale distributors and dealers, as well as original equipment manufacturers, specialty product distributors, do-it-yourself chains, and retail chains; and directly to wholesalers and private label accounts. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts.

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	1.47B -	1.51B 2.73%	1.47B 3.04%	1.40B 4.72%	1.46B 4.17%	1.56B 7.43%	1.60B 2.27%	1.51B 5.74%	1.81B 19.93%	1.98B 9.41%	2.06B 3.88%
cost of revenue	947M -	971.90M 2.63%	914.60M 5.90%	832.80M 8.94%	854.30M 2.58%	908.40M 6.33%	923M 1.61%	883.20M 4.31%	1.04B 17.99%	1.11B 6.06%	1.10B 0.89%
gross profit	526.50M -	541.80M 2.91%	553.10M 2.09%	565.60M 2.26%	602.40M 6.51%	656.50M 8.98%	677.50M 3.20%	625.40M 7.69%	767.10M 22.66%	874.30M 13.97%	960.90M 9.91%
selling and marketing expenses							57.60M -	55M 4.51%	69.40M 26.18%	73.40M 5.76%
general and administrative expenses							418.50M -	377.40M 9.82%	438.80M 16.27%	477.10M 8.73%
selling general and administrative expenses	405.70M -	407M 0.32%	491.30M 20.71%	424.10M 13.68%	432.30M 1.93%	464.70M 7.49%	476.10M 2.45%	432.40M 9.18%	508.20M 17.53%	550.50M 8.32%	604.50M 9.81%
research and development expenses							39.60M -	42.20M 6.57%	45.60M 8.06%	59.40M 30.26%	67.10M 12.96%
other expenses	-2.80M -	-3.10M 10.71%	2.40M 177.42%	4.40M 83.33%	-1.10M 125%	1.70M 254.55%	500K 70.59%	-1M 300%	800K 180%	-1M 225%	-400K 60%
cost and expenses	1.35B -	1.38B 1.94%	1.41B 1.96%	1.26B 10.60%	1.29B 2.36%	1.37B 6.72%	1.40B 1.89%	1.32B 5.97%	1.55B 17.84%	1.66B 6.80%	1.70B 2.67%
operating expenses	405.70M -	407M 0.32%	491.30M 20.71%	424.10M 13.68%	432.30M 1.93%	464.70M 7.49%	476.10M 2.45%	432.40M 9.18%	508.20M 17.53%	550.50M 8.32%	604.50M 9.81%
interest expense	21.50M -	19.90M 7.44%	24.30M 22.11%	22.60M 7.00%	19.10M 15.49%	16.30M 14.66%	14.10M 13.50%	13.30M 5.67%	6.30M 52.63%	7M 11.11%	8.20M 17.14%
ebitda	167.50M -	180.50M 7.76%	117.70M 34.79%	198.10M 68.31%	222.20M 12.17%	242.80M 9.27%	248.90M 2.51%	238.70M 4.10%	304.80M 27.69%	363.10M 19.13%	399.70M 10.08%
operating income	111.50M -	105.40M 5.47%	-90.10M 185.48%	145M 260.93%	162.30M 11.93%	188.40M 16.08%	197.10M 4.62%	181.10M 8.12%	239.60M 32.30%	315M 31.47%	356.40M 13.14%
depreciation and amortization	48.90M -	48.10M 1.64%	52.50M 9.15%	51.20M 2.48%	52.20M 1.95%	48.50M 7.09%	51.80M 6.80%	57.60M 11.20%	65.20M 13.19%	48.10M 26.23%	43.30M 9.98%
total other income expenses net	-12.10M -	-32.50M 168.60%	-149.50M 360%	7.90M 105.28%	-8.90M 212.66%	-1.70M 80.90%	-13.20M 676.47%	-14.10M 6.82%	-5.50M 60.99%	-7.40M 34.55%	-6.90M 6.76%
income before tax	87.80M -	83.10M 5.35%	-111M 233.57%	127.80M 215.14%	143.10M 11.97%	174.60M 22.01%	183.90M 5.33%	167M 9.19%	234.10M 40.18%	307.60M 31.40%	349.50M 13.62%
income tax expense	26.90M -	32.80M 21.93%	1.90M 94.21%	43.60M 2,194.74%	70M 60.55%	49.80M 28.86%	52.40M 5.22%	52.70M 0.57%	68.40M 29.79%	56.10M 17.98%	87.40M 55.79%
net income	58.60M -	50.30M 14.16%	-112.90M 324.45%	84.20M 174.58%	73.10M 13.18%	124.80M 70.73%	131.50M 5.37%	114.30M 13.08%	165.70M 44.97%	251.50M 51.78%	262.10M 4.21%
weighted average shs out	35.50M -	35.30M 0.56%	34.85M 1.29%	34.40M 1.28%	34.40M 0%	34.30M 0.29%	34.10M 0.58%	33.90M 0.59%	33.80M 0.29%	33.50M 0.89%	33.40M 0.30%
weighted average shs out dil	35.60M -	35.40M 0.56%	34.90M 1.41%	34.50M 1.15%	34.40M 0.29%	34.30M 0.29%	34.20M 0.29%	34M 0.58%	33.90M 0.29%	33.60M 0.88%	33.50M 0.30%
eps	1.65 -	1.42 13.94%	-3.23 327.46%	2.45 175.85%	2.12 13.47%	3.64 71.70%	3.86 6.04%	3.37 12.69%	4.90 45.40%	7.51 53.27%	7.85 4.53%
epsdiluted	1.65 -	1.42 13.94%	-3.23 327.46%	2.44 175.54%	2.12 13.11%	3.64 71.70%	3.85 5.77%	3.36 12.73%	4.89 45.54%	7.49 53.17%	7.82 4.41%

NYSE:WTS

Watts Water Technologies, Inc.

Last Close

217.66

16/05 20:00

Market Cap

6.63B

Beta: 1.00

Volume Today

118.71K

Avg: 139.70K

PE Ratio

24.31

PFCF: 21.40

Dividend Yield

0.69%

Payout:16.18%