Watts Water (WTS) | Financial Analysis & Statements

Watts Water Technologies Inc. | Mid-cap | Industrials

$255.29

1.03%

Watts Water vs Eaton Watts Water vs Parker Hannifin Watts Water vs Regal Rexnord Watts Water vs A.O. Smith Watts Water vs Donaldson Company Watts Water vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 2.3B

Gross Profit 1.1B 47.15%

Operating Income 397.6M 17.65%

Net Income 291.2M 12.93%

EPS (Diluted) $8.69

Balance Sheet Metrics

Total Assets 2.4B

Total Liabilities 689.1M

Shareholders Equity 1.7B

Debt to Equity 0.40

Cash Flow Metrics

Operating Cash Flow 367.3M

Free Cash Flow 325.8M

Revenue & Profitability Trend

Watts Water Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	2.3B	2.1B	2.0B	1.8B	1.5B
Cost of Goods Sold	1.2B	1.1B	1.1B	1.0B	883.2M
Gross Profit	1.1B	960.9M	874.3M	767.1M	625.4M
Operating Expenses	664.4M	604.5M	550.5M	508.2M	434.4M
Operating Income	397.6M	356.4M	323.8M	258.9M	191.0M
Pre-tax Income	386.0M	349.5M	307.6M	234.1M	167.0M
Income Tax	94.8M	87.4M	56.1M	68.4M	52.7M
Net Income	291.2M	262.1M	251.5M	165.7M	114.3M
EPS (Diluted)	$8.69	$7.82	$7.48	$4.88	$3.36

Income Statement Trend

Watts Water Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	1.1B	1.1B	950.6M	861.5M	709.5M
Non-Current Assets	1.3B	1.2B	980.3M	994.1M	1.0B
Total Assets	2.4B	2.3B	1.9B	1.9B	1.7B
Liabilities
Current Liabilities	417.9M	405.8M	378.7M	408.5M	312.8M
Non-Current Liabilities	271.2M	390.3M	251.6M	273.9M	355.6M
Total Liabilities	689.1M	796.1M	630.3M	682.4M	668.4M
Equity
Total Shareholders Equity	1.7B	1.5B	1.3B	1.2B	1.1B

Balance Sheet Composition

Watts Water Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	291.2M	262.1M	251.5M	165.7M	114.3M
Operating Cash Flow	367.3M	331.2M	222.3M	180.2M	224.1M
Investing Activities
Capital Expenditures	-29.4M	-29.7M	-22.9M	-21.6M	-41.6M
Investing Cash Flow	-124.7M	-343.1M	-22.9M	-30.7M	-54.8M
Financing Activities
Dividends Paid	-55.5M	-46.5M	-39.5M	-34.3M	-31.4M
Financing Cash Flow	-190.5M	68.9M	-121.9M	-118.7M	-182.4M
Free Cash Flow	325.8M	281.1M	195.9M	154.1M	185.0M

Cash Flow Trend

Watts Water Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 28.19

Forward P/E 27.44

Price to Book 4.64

Price to Sales 3.67

PEG Ratio 27.44

Profitability Ratios

Profit Margin 13.07%

Operating Margin 18.82%

Return on Equity 17.60%

Return on Assets 10.47%

Financial Health

Current Ratio 2.46

Debt to Equity 11.18

Beta 1.13

Per Share Data

EPS (TTM) $8.73

Book Value per Share $53.09

Revenue per Share $66.80

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
wts	8.2B	28.19	4.64	17.60%	13.07%	11.18
Eaton	130.3B	33.56	7.04	20.81%	15.55%	58.00
Parker Hannifin	84.9B	25.57	6.34	27.15%	17.14%	69.95
Regal Rexnord	9.4B	40.29	1.46	3.71%	3.96%	84.82
A.O. Smith	9.1B	17.92	4.91	27.97%	13.74%	15.95
Donaldson Company	8.1B	23.58	5.56	24.58%	9.94%	49.34

Financial data is updated regularly. All figures are in the company's reporting currency.