Watts Water Technologies Inc (WTS) financial statements: income statement, balance sheet and cash flow
Watts Water Technologies Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Watts Water Technologies Inc reported revenue of $2.4B (+8.3% year on year) and net income of $340.8M (+17.0% year on year).
Income statement
Watts Water Technologies Inc income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net sales
$2.4B
$2.3B
$2.1B
$2.0B
Cost of goods sold
$1.2B
$1.2B
$1.1B
$1.1B
GROSS PROFIT
$1.2B
$1.1B
$960.9M
$874.3M
Selling, general and administrative expenses
$734.2M
$664.4M
$604.5M
$550.5M
Restructuring
$23.7M
$7.2M
$5.5M
$10.6M
OPERATING INCOME
$448.1M
$390.4M
$350.9M
$315.0M
Interest income
($9.8M)
($8.9M)
($7.2M)
($600.0K)
Interest expense
$10.8M
$14.7M
$8.2M
$7.0M
Other expense (income), net
$1.3M
($1.4M)
$400.0K
$1.0M
Total other expense
$2.3M
$4.4M
$1.4M
$7.4M
INCOME BEFORE INCOME TAXES
$445.8M
$386.0M
$349.5M
$307.6M
Provision for income taxes
$105.0M
$94.8M
$87.4M
$56.1M
NET INCOME
$340.8M
$291.2M
$262.1M
$251.5M
NET INCOME PER SHARE
$10.17
$8.70
$7.85
$7.51
Weighted average number of shares
33.5M
33.5M
33.4M
33.5M
Dividends declared per share
$1.99
$1.65
$1.38
$1.16
Watts Water Technologies Inc income statement, quarters
Line item
Jun 28, 2026 · Q2
Mar 29, 2026 · Q1
Sep 28, 2025 · Q3
Jun 29, 2025 · Q2
Net sales
$763.2M
$677.3M
$611.7M
$643.7M
Cost of goods sold
$389.1M
$351.2M
$313.3M
$317.8M
GROSS PROFIT
$374.1M
$326.1M
$298.4M
$325.9M
Selling, general and administrative expenses
$214.5M
$192.9M
$185.1M
$187.2M
Restructuring
$5.6M
$200.0K
$1.9M
$3.4M
OPERATING INCOME
$154.0M
$133.0M
$111.4M
$135.3M
Interest income
($1.7M)
($1.7M)
($2.5M)
($2.3M)
Interest expense
$2.2M
$2.6M
$2.7M
$2.7M
Other (income) expense, net
($200.0K)
$700.0K
$200.0K
$200.0K
Total other expense
$300.0K
$1.6M
$400.0K
$600.0K
INCOME BEFORE INCOME TAXES
$153.7M
$131.4M
$111.0M
$134.7M
Provision for income taxes
$35.4M
$31.8M
$28.8M
$33.8M
NET INCOME
$118.3M
$99.6M
$82.2M
$100.9M
NET INCOME PER SHARE
$3.53
$2.97
$2.45
$3.01
Weighted average number of shares
33.5M
33.5M
33.5M
33.5M
Dividends declared per share
$0.63
$0.52
$0.52
$0.52
Balance sheet
Watts Water Technologies Inc balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$405.5M
$386.9M
$350.1M
$310.8M
Trade accounts receivable, less reserve allowances of $12.5 million at December 31, 2025 and $11.9 million at December 31, 2024
$294.0M
$253.2M
$259.8M
$233.8M
Raw materials
$190.8M
$141.9M
$150.6M
$138.0M
Work in process
$28.5M
$16.9M
$20.2M
$21.0M
Finished goods
$305.0M
$233.3M
$228.5M
$216.6M
Total Inventories
$524.3M
$392.1M
$399.3M
$375.6M
Prepaid expenses and other current assets
$62.3M
$51.3M
$51.8M
$30.4M
Total Current Assets
$1.3B
$1.1B
$1.1B
$950.6M
Property, plant and equipment, at cost
$777.1M
$691.6M
$677.2M
$595.6M
Accumulated depreciation
($480.0M)
($436.8M)
($429.0M)
($398.8M)
Property, plant and equipment, net
$297.1M
$254.8M
$248.2M
$196.8M
Goodwill
$859.0M
$715.0M
$693.0M
$592.4M
Intangible assets, net
$294.6M
$235.0M
$216.1M
$113.7M
Deferred income taxes
$17.9M
$36.4M
$23.6M
$17.8M
Other, net
$126.5M
$72.3M
$67.5M
$59.6M
TOTAL ASSETS
$2.9B
$2.4B
$2.3B
$1.9B
Accounts payable
$182.2M
$148.0M
$131.8M
$134.3M
Accrued expenses and other liabilities
$234.7M
$190.8M
$190.3M
$174.6M
Accrued compensation and benefits
$95.5M
$79.1M
$83.7M
$69.8M
Total Current Liabilities
$512.4M
$417.9M
$405.8M
$378.7M
LONG-TERM DEBT
$197.7M
$197.0M
$298.3M
$147.6M
DEFERRED INCOME TAXES
$36.5M
$10.9M
$13.5M
$26.2M
OTHER NONCURRENT LIABILITIES
$106.9M
$63.3M
$78.5M
$77.8M
Common Stock
$3.3M
$3.3M
$3.3M
$3.3M
Additional paid-in capital
$720.6M
$696.2M
$674.3M
$651.9M
Retained earnings
$1.4B
$1.2B
$979.1M
$795.3M
Accumulated other comprehensive loss
($127.5M)
($176.4M)
($143.4M)
($149.9M)
Total Stockholders' Equity
$2.0B
$1.7B
$1.5B
$1.3B
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
$2.9B
$2.4B
$2.3B
$1.9B
Watts Water Technologies Inc balance sheet, quarters
Line item
Jun 28, 2026
Mar 29, 2026
Sep 28, 2025
Jun 29, 2025
Cash and cash equivalents
$347.9M
$374.7M
$457.7M
$369.3M
Trade accounts receivable, less reserve allowances of $16.9 million at June 28, 2026 and $12.5 million at December 31, 2025
$404.4M
$374.4M
$323.9M
$337.5M
Raw materials
$206.4M
$208.5M
$164.9M
$157.4M
Work in process
$23.1M
$28.1M
$20.8M
$21.0M
Finished goods
$317.0M
$306.5M
$273.0M
$270.1M
Total Inventories
$546.5M
$543.1M
$458.7M
$448.5M
Prepaid expenses and other current assets
$66.8M
$55.9M
$73.6M
$58.7M
Total Current Assets
$1.4B
$1.3B
$1.3B
$1.2B
Property, plant and equipment, at cost
$779.5M
$781.1M
$749.1M
$739.6M
Accumulated depreciation
($484.0M)
($484.7M)
($481.7M)
($474.3M)
Property, plant and equipment, net
$295.5M
$296.4M
$267.4M
$265.3M
Goodwill
$858.4M
$859.6M
$781.3M
$781.9M
Intangible assets, net
$280.6M
$286.8M
$246.8M
$252.0M
Deferred income taxes
$18.3M
$19.4M
$19.7M
$42.9M
Other, net
$133.1M
$129.5M
$96.3M
$88.8M
TOTAL ASSETS
$3.0B
$2.9B
$2.7B
$2.6B
Accounts payable
$182.1M
$188.9M
$156.0M
$176.9M
Accrued expenses and other liabilities
$248.5M
$234.2M
$218.8M
$220.0M
Accrued compensation and benefits
$82.7M
$72.9M
$89.1M
$71.5M
Total Current Liabilities
$513.3M
$496.0M
$463.9M
$468.4M
LONG-TERM DEBT
$108.0M
$197.8M
$197.5M
$197.3M
DEFERRED INCOME TAXES
$37.0M
$42.5M
$26.7M
$11.5M
OTHER NONCURRENT LIABILITIES
$103.8M
$107.2M
$80.5M
$75.3M
Common Stock
$3.3M
$3.3M
$3.3M
$3.3M
Additional paid-in capital
$736.9M
$728.6M
$714.4M
$708.6M
Retained earnings
$1.6B
$1.5B
$1.4B
$1.3B
Accumulated other comprehensive loss
($140.2M)
($132.4M)
($130.2M)
($128.2M)
Total Stockholders' Equity
$2.2B
$2.1B
$2.0B
$1.9B
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
$3.0B
$2.9B
$2.7B
$2.6B
Cash flow statement
Watts Water Technologies Inc cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income
$340.8M
$291.2M
$262.1M
$251.5M
Depreciation
$36.2M
$34.6M
$30.1M
$27.6M
Amortization of intangibles
$20.6M
$19.8M
$13.2M
$12.1M
Amortization of cloud computing arrangements
$1.6M
—
—
—
Loss on disposal, (gain) on sale of assets, impairment of long-lived asset and other
$300.0K
($5.2M)
$200.0K
($200.0K)
Stock-based compensation
$21.2M
$19.5M
$20.2M
$18.4M
Deferred income tax
$38.5M
($14.7M)
($18.8M)
($29.6M)
Accounts receivable
($9.5M)
$3.3M
$6.2M
($20.0M)
Inventories
($75.4M)
$13.6M
$27.0M
($16.4M)
Prepaid expenses and other assets
($18.1M)
($9.0M)
($20.6M)
$1.9M
Accounts payable, accrued expenses and other liabilities
$45.8M
$8.0M
($8.8M)
($21.3M)
Net cash provided by operating activities
$402.0M
$361.1M
$310.8M
$224.0M
Additions to property, plant and equipment
($45.7M)
($35.3M)
($29.7M)
($28.1M)
Business acquisitions, net of cash acquired
($257.1M)
($96.3M)
($313.4M)
—
Net cash used in investing activities
($302.8M)
($124.7M)
($343.1M)
($22.9M)
Payments for withholding taxes on vested awards
($11.4M)
($13.0M)
($15.8M)
($13.3M)
Payments for finance leases and other
($2.6M)
($2.7M)
($2.8M)
($4.7M)
Payments to repurchase common stock
($16.0M)
($17.0M)
($16.0M)
($69.4M)
Dividends
($66.9M)
($55.5M)
($46.5M)
($39.5M)
Net cash (used in) provided by financing activities
($96.9M)
($190.5M)
$69.0M
($121.7M)
Effect of exchange rate changes on cash and cash equivalents
$16.3M
($9.1M)
$2.6M
($10.6M)
INCREASE IN CASH AND CASH EQUIVALENTS
$18.6M
$36.8M
$39.3M
$68.8M
Cash and cash equivalents at beginning of year
$386.9M
$350.1M
$310.8M
$242.0M
CASH AND CASH EQUIVALENTS AT END OF YEAR
$405.5M
$386.9M
—
$310.8M
Fair value of assets acquired
$327.9M
$98.5M
$344.0M
—
Cash paid, net of cash acquired
$257.1M
$96.3M
$313.4M
—
Liabilities assumed
$70.8M
$2.2M
$30.6M
—
Issuance of stock under management stock purchase plan
$900.0K
$400.0K
$400.0K
$400.0K
Interest
$9.9M
$12.7M
$7.7M
$5.7M
Income taxes
$74.4M
$117.2M
$115.7M
$85.8M
Watts Water Technologies Inc cash flow statement, quarters
Line item
Jun 28, 2026 · YTD
Mar 29, 2026 · Q1
Sep 28, 2025 · YTD
Jun 29, 2025 · YTD
Net income
$217.9M
$99.6M
$257.1M
$174.9M
Depreciation
$19.2M
$9.4M
$27.0M
$17.9M
Amortization of intangibles
$11.9M
$6.0M
$15.0M
—
Amortization of cloud computing arrangements
$1.2M
$600.0K
$1.0M
—
Loss on disposal of long-lived assets
$200.0K
—
$300.0K
$200.0K
Stock-based compensation
$13.5M
$5.2M
$15.1M
$9.5M
Deferred income tax
$500.0K
$4.8M
$32.6M
($6.2M)
Accounts receivable
($114.4M)
($82.0M)
($56.1M)
($69.3M)
Inventories
($25.0M)
($19.8M)
($47.4M)
($37.0M)
Prepaid expenses and other assets
($18.4M)
($3.0M)
($34.8M)
($16.3M)
Accounts payable, accrued expenses and other liabilities
$14.2M
($2.9M)
$37.5M
$40.9M
Net cash provided by operating activities
$120.8M
$17.9M
$247.3M
$124.9M
Additions to property, plant and equipment
($22.6M)
($11.3M)
($31.3M)
($19.8M)
Business acquisitions, net of cash acquired
($1.7M)
($1.9M)
($85.7M)
($85.7M)
Net cash used in investing activities
($24.3M)
($13.2M)
($117.0M)
($105.5M)
Payments of long-term debt
($90.0M)
—
—
—
Payments for withholding taxes on vested awards
($13.1M)
($12.8M)
($11.4M)
($11.1M)
Payments for finance leases and other
($1.4M)
($700.0K)
($1.9M)
($1.3M)
Payments to repurchase common stock
($7.9M)
($3.8M)
($11.8M)
($7.9M)
Dividends
($38.8M)
($17.5M)
($49.4M)
($32.0M)
Net cash used in financing activities
($151.2M)
($34.8M)
($74.5M)
($52.3M)
Effect of exchange rate changes on cash and cash equivalents
($2.9M)
($700.0K)
$15.0M
$15.3M
DECREASE IN CASH AND CASH EQUIVALENTS
($57.6M)
($30.8M)
$70.8M
($17.6M)
Cash and cash equivalents at beginning of year
$405.5M
$405.5M
$386.9M
$386.9M
CASH AND CASH EQUIVALENTS AT END OF PERIOD
$347.9M
$374.7M
$457.7M
$369.3M
Fair value of assets acquired
$2.0M
$1.6M
$90.1M
$90.2M
Cash paid, net of cash acquired
$1.7M
$1.9M
$85.7M
$85.7M
Liabilities assumed
$300.0K
($300.0K)
$4.4M
$4.5M
Issuance of stock under management stock purchase plan