Watts Water Technologies, Inc. (WTS) — Financial statements
Income statement, balance sheet, and cash flow for Watts Water Technologies, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,439↑8.3% | 2,252↑9.5% | 2,056↑3.9% | 1,980↑9.4% | 1,809 | |
| Cost of Revenue | 1,233↑3.6% | 1,190↑8.7% | 1,095↓0.9% | 1,105↑6.1% | 1,042 | |
| Gross Profit | 1,206↑13.6% | 1,062↑10.5% | 961↑9.9% | 874↑14.0% | 767 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00↓100.0% | 70 | 0.00↓100.0% | 59↑30.3% | 46 | |
| General & Administrative Expenses | 0.00↓100.0% | 509 | 0.00↓100.0% | 416↑5.8% | 393 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 86 | 0.00↓100.0% | 73↑5.8% | 69 | |
| SG&A Expenses | 734↑23.6% | 594↓1.7% | 605↑23.5% | 489↑5.8% | 463 | |
| Other Expenses | 0.00↓100.0% | 7↑30.9% | 6↓48.1% | 11↓45.1% | 19 | |
| Operating Expenses | 734↑9.3% | 672↑10.1% | 610↑9.1% | 559↑6.0% | 528 | |
| Total Costs & Expenses | 1,967↑5.6% | 1,862↑9.2% | 1,705↑2.5% | 1,665↑6.0% | 1,570 | |
| Operating Results | ||||||
| Operating Income | 472↑20.9% | 390↑11.3% | 351↑11.4% | 315↑31.5% | 240 | |
| Depreciation & Amortization | 57↑4.4% | 54↑25.6% | 43↑9.1% | 40↓12.0% | 45 | |
| EBITDA | 513↑12.8% | 455↑13.5% | 401↑13.2% | 354↑24.1% | 286 | |
| EBIT | 457↑14.0% | 401↑12.0% | 358↑13.7% | 315↑30.9% | 240 | |
| Interest & Other Income | ||||||
| Net Interest Income | -1↑82.8% | -6↓480.0% | -1↑84.4% | -6↓1.6% | -6 | |
| Interest Income | 10↑10.1% | 9↑23.6% | 7↑1100.0% | 0.60 | 0.00 | |
| Interest Expense | 11↓26.5% | 15↑79.3% | 8↑17.1% | 7↑11.1% | 6 | |
| Non-Operating Income | 15↑247.6% | -10↓51.5% | -7↓1800.0% | 0.40↑150.0% | -0.80 | |
| Other Income / Expenses | -26↓490.9% | -4↓214.3% | -1↑81.1% | -7↓34.5% | -6 | |
| Income Before Tax | 446↑15.5% | 386↑10.4% | 350↑13.6% | 308↑31.4% | 234 | |
| Income Tax Expense | 105↑10.8% | 95↑8.5% | 87↑55.8% | 56↓18.0% | 68 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 341↑17.0% | 291↑11.1% | 262↑4.2% | 252↑51.8% | 166 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 341↑17.0% | 291↑11.1% | 262↑4.2% | 252↑51.8% | 166 | |
| Bottom-Line Net Income | 341↑17.0% | 291↑11.1% | 262↑4.2% | 252↑51.8% | 166 | |
| EPS (Basic) | 10.17↑17.0% | 8.69↑10.7% | 7.85↑4.5% | 7.51↑53.3% | 4.90 | |
| EPS (Diluted) | 10.17↑17.0% | 8.69↑11.1% | 7.82↑4.4% | 7.49↑53.2% | 4.89 | |
| Weighted Average Shares | 34↑0.0% | 34↑0.3% | 33↓0.3% | 34↓0.9% | 34 | |
| Weighted Average Diluted Shares | 34↑0.0% | 34↑0.0% | 34↓0.3% | 34↓0.9% | 34 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.