Watts Water Technologies, Inc.
Rank #130ValueWTS · NYSE · Industrials
Watts Water Technologies, Inc. (WTS) — Rank #130 by gross profitability (GP/assets 0.41) · ROE 15.6% · Piotroski F-Score 6 / 9.
As-of 2026-09-15 · CIK 0000795403 · all metrics point-in-time as of the filing date.
About
Watts Water Technologies, Inc., together with its subsidiaries, supplies products and solutions that manage and conserve the flow of fluids and energy into, through, and out of buildings in the commercial, industrial, and residential markets.
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The company offers residential and commercial flow control and protection products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, thermostatic mixing valves, leak detection and protection products, commercial washroom solutions, hydration solutions, and emergency safety products and equipment for plumbing and hot water applications. It also provides heating, ventilation, and air conditioning and gas products comprising commercial, institutional, and industrial boilers; water heaters and heating 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, such as drainage products, engineered rainwater harvesting solutions for commercial, industrial, marine, and residential applications; connected roof drain systems; and water quality products, including point-of-use and point-of-entry, closed loop, cooling tower, and other water applications for commercial, marine, and residential applications. It sells its products to plumbing, heating, and mechanical wholesale distributors and dealers; original equipment manufacturers; specialty product distributors; and do-it-yourself and retail chains, as well as wholesalers and private label accounts in the Americas, Europe, Asia-Pacific, Middle East, and Africa. Watts Water Technologies, Inc.
was founded in 1874 and is headquartered in North Andover, Massachusetts.
- Industry
- Specialty Industrial Machinery
- Sector
- Industrials
- State
- DE
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- watts.com
Financials
Each fiscal year is read as-of that year’s own 10-K filing, so nothing restated after the fact leaks backwards. Line items this filer never tagged are omitted. Hover or tap a badge for the diagnostic behind it.
| Fiscal year end | 2025-12-31filed 2026-02-23 | 2024-12-31filed 2025-02-18 | 2023-12-31filed 2024-02-21 | 2022-12-31filed 2023-02-21 |
|---|---|---|---|---|
| Operating | ||||
| Depreciation & amortization | 56.8 | 54.4 | 43.3 | 39.7 |
| Stock-based compensation | 21.2 | 19.5 | 20.2 | 18.4 |
| Change in receivables | 9.5 | (3.3) | (6.2) | 20.0 |
| Change in inventory | 75.4 | (13.6) | (27.0) | 16.4 |
| Operating cash flow | 402.0 | 361.1 | 310.8 | 224.0 |
| Investing | ||||
| Capital expenditures | 45.7 | 35.3 | 29.7 | 28.1 |
| Acquisitions, net of cash | 257.1 | 96.3 | 313.4 | — |
| Investing cash flow | (302.8) | (124.7) | (343.1) | (22.9) |
| Financing | ||||
| Debt issued | — | — | 240.0 | 85.0 |
| Debt repaid | — | 100.0 | 90.0 | 80.0 |
| Share repurchases | 16.0 | 17.0 | 16.0 | 69.4 |
| Financing cash flow | (96.9) | (190.5) | 69.0 | (121.7) |
| Summary | ||||
| Free cash flow | 356.3 | 325.8 | 281.1 | 195.9 |
Figures are as originally filed with the SEC (point-in-time), not restated, so they can differ slightly from sites that show later-restated numbers. Why point-in-time?