WTS
Watts Water Technologies, Inc. Class A
Stock
$363.07+3.58 (+1.00%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.7B | $2.4B | $2.3B | $2.1B | $2.0B | $1.8B | $1.5B | $1.6B | $1.6B | $1.5B | $1.4B | $1.5B | $1.5B | $1.5B | $1.4B | $1.4B | $1.3B | $1.2B | $1.4B |
| Cost of revenue | $1.4B | $1.2B | $1.2B | $1.1B | $1.1B | $1.0B | $883M | $923M | $908M | $854M | $833M | $915M | $972M | $947M | $914M | $899M | $810M | $791M | $950M |
| Gross profit | $1.3B | $1.2B | $1.1B | $961M | $874M | $767M | $625M | $678M | $657M | $602M | $566M | $553M | $542M | $527M | $514M | $508M | $465M | $435M | $482M |
| R&D | $80M | $74M | $70M | $67M | $59M | $46M | $42M | $40M | $35M | $29M | $27M | $24M | $23M | $22M | $20M | $21M | $19M | $18M | — |
| SG&A | $787M | $734M | $664M | $605M | $549M | $508M | $434M | $476M | $465M | $432M | $424M | $491M | $407M | $405M | $383M | $372M | $337M | $324M | $356M |
| Other operating expenses | — | — | — | — | — | — | — | — | — | — | — | $128M | $6.9M | — | — | — | — | $1.6M | $28M |
| Operating income | $512M | $448M | $390M | $351M | $315M | $240M | $181M | $197M | $188M | $162M | $145M | −$90M | $105M | $112M | $123M | $134M | $114M | $92M | $99M |
| Non-operating income | −$2.8M | −$2.3M | −$4.4M | −$1.4M | −$7.4M | −$5.5M | −$14M | −$13M | −$14M | −$19M | −$17M | −$21M | −$22M | −$24M | −$23M | −$26M | −$20M | −$20M | −$31M |
| Pretax income | $509M | $446M | $386M | $350M | $308M | $234M | $167M | $184M | $175M | $143M | $128M | −$111M | $83M | $88M | $100M | $108M | $95M | $72M | $68M |
| Taxes | $126M | $105M | $95M | $87M | $56M | $68M | $53M | $52M | $47M | $70M | $44M | $1.9M | $33M | $29M | $32M | $42M | $36M | $55M | $21M |
| Net income | $384M | $341M | $291M | $262M | $252M | $166M | $114M | $132M | $128M | $73M | $84M | −$113M | $50M | $59M | $68M | $66M | $59M | $17M | $47M |
| Diluted EPS | $11.45 | $10.17 | $8.69 | $7.82 | $7.48 | $4.88 | $3.36 | $3.85 | $3.73 | $2.12 | $2.44 | −$3.24 | $1.42 | $1.65 | $1.90 | $1.78 | $1.57 | $0.47 | $1.26 |
| Diluted shares | — | 33.5M | 33.5M | 33.5M | 33.6M | 33.9M | 34.0M | 34.2M | 34.3M | 34.4M | 34.5M | 34.9M | 35.4M | 35.6M | 36.1M | 37.5M | 37.4M | 37.1M | 36.8M |
| Revenue growth | — | +8.3% | +9.5% | +3.9% | +9.4% | +19.9% | −5.7% | +2.3% | +7.4% | +4.2% | −4.7% | −3.0% | +2.7% | +3.2% | +1.4% | +10.4% | +4.0% | −14.4% | — |
| Gross margin | 48.9% | 49.5% | 47.2% | 46.7% | 44.2% | 42.4% | 41.5% | 42.3% | 42.0% | 41.4% | 40.4% | 37.7% | 35.8% | 35.7% | 36.0% | 36.1% | 36.5% | 35.5% | 33.7% |
| Operating margin | 19.1% | 18.4% | 17.3% | 17.1% | 15.9% | 13.2% | 12.0% | 12.3% | 12.0% | 11.1% | 10.4% | −6.1% | 7.0% | 7.6% | 8.6% | 9.5% | 9.0% | 7.5% | 6.9% |
| Net margin | 14.3% | 14.0% | 12.9% | 12.7% | 12.7% | 9.2% | 7.6% | 8.2% | 8.2% | 5.0% | 6.0% | −7.7% | 3.3% | 4.0% | 4.8% | 4.7% | 4.6% | 1.4% | 3.3% |