Watts Water Technologies Income Statement
WTS / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Watts Water Technologies reported $2.4B in revenue and $341M in net income for FY2025. Revenue has grown at a 5.0% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 2.94 (safe zone, above 2.9 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.4B | $2.3B | $2.1B | $1.5B | $1.6B | $1.5B | $1.5B | $1.4B | $1.5B | $1.5B | $1.5B | $1.4B | $1.5B | $1.4B | $1.2B |
| Cost of Revenue | $1.2B | $1.2B | $1.1B | $883.2M | $923.0M | $883.2M | $854.3M | $832.8M | $914.6M | $971.9M | $947.0M | $913.9M | $947.0M | $913.9M | $790.8M |
| Gross Profit | $1.2B | $1.1B | $960.9M | $625.4M | $677.5M | $625.4M | $602.4M | $565.6M | $553.1M | $541.8M | $526.5M | $513.5M | $526.5M | $513.5M | $435.1M |
| SG&A Expense | $734.2M | $664.4M | $604.5M | $434.4M | $476.1M | $434.4M | $432.3M | $424.1M | $491.3M | $407.0M | $405.1M | $382.6M | $405.1M | $382.6M | $323.5M |
| R&D Expense | $73.5M | $70.4M | $67.1M | $42.2M | $39.6M | $42.2M | $29.0M | $26.5M | $23.5M | $22.5M | $21.5M | $20.4M | $21.5M | $20.4M | $17.8M |
| Operating Income | $448.1M | $390.4M | $350.9M | $181.1M | $197.1M | $181.1M | $162.3M | $145.0M | -$90.1M | $105.4M | $111.5M | $123.3M | $111.5M | $123.3M | $92.2M |
| Interest Expense | $10.8M | $14.7M | $8.2M | $13.3M | $14.1M | $13.3M | $19.1M | $22.6M | $24.3M | $19.9M | $21.5M | $24.6M | $21.5M | $24.6M | $22.0M |
| Income Tax | $105.0M | $94.8M | $87.4M | $52.7M | $52.4M | $52.7M | $70.0M | $43.6M | $1.9M | $32.8M | $26.9M | $29.8M | $26.9M | $29.8M | $31.3M |
| Net Income | $340.8M | $291.2M | $262.1M | $114.3M | $131.5M | $114.3M | $73.1M | $84.2M | -$112.9M | $50.3M | $58.6M | $68.4M | $58.6M | $68.4M | - |
| EPS (Basic) | $7.85 | $7.51 | $4.90 | $3.37 | $3.86 | $3.73 | $2.12 | $2.45 | -$3.24 | $1.42 | $1.65 | $1.90 | $1.78 | $1.58 | $0.47 |
| EPS (Diluted) | $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 |
| Shares Outstanding | 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 |
| Gross Margin | 49.5% | 47.1% | 46.7% | 41.5% | 42.3% | 41.5% | 41.3% | 40.5% | 37.7% | 35.8% | 35.7% | 36.0% | 35.7% | 36.0% | 35.5% |
| Operating Margin | 18.4% | 17.3% | 17.1% | 12.0% | 12.3% | 12.0% | 11.1% | 10.4% | -6.1% | 7.0% | 7.6% | 8.6% | 7.6% | 8.6% | 7.5% |
| Profit Margin | 14.0% | 12.9% | 12.8% | 7.6% | 8.2% | 7.6% | 5.0% | 6.0% | -7.7% | 3.3% | 4.0% | 4.8% | 4.0% | 4.8% | - |