Tearsheet

Watts Water Technologies (WTS)

Market Price (12/20/2025): $278.58 | Market Cap: $9.3 Bil
Sector: Industrials | Industry: Building Products

Watts Water Technologies (WTS)

Market Price (12/20/2025): $278.58
Market Cap: $9.3 Bil
Sector: Industrials
Industry: Building Products

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 16%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 15%	Trading close to highs Dist 52W High is -1.9%, Dist 3Y High is -1.9%	Key risks WTS key risks include [1] adverse impacts from legal, Show more.
1	Low stock price volatility Vol 12M is 29%	Weak multi-year price returns 2Y Excs Rtn is -5.9%
2	Megatrend and thematic drivers Megatrends include Water Infrastructure, and Smart Buildings & Proptech. Themes include Water Treatment & Delivery, Wastewater Management, Show more.

0	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 16%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 15%
1	Low stock price volatility Vol 12M is 29%
2	Megatrend and thematic drivers Megatrends include Water Infrastructure, and Smart Buildings & Proptech. Themes include Water Treatment & Delivery, Wastewater Management, Show more.
3	Trading close to highs Dist 52W High is -1.9%, Dist 3Y High is -1.9%
4	Weak multi-year price returns 2Y Excs Rtn is -5.9%
5	Key risks WTS key risks include [1] adverse impacts from legal, Show more.

Valuation, Metrics & Events

	12/20/25	2024	2023	2022	2021
Share Price CYE	$278.58	$201.70	$205.01	$142.80	$188.08
Market Cap CYE ($ Bil)	9.3	6.8	6.8	4.8	6.4
Total Debt ($ Bil)	0.2	0.2	0.3	0.1	0.1
Total Cash ($ Bil)	0.5	0.4	0.4	0.3	0.2
Enterprise Value ($ Bil)	9.1	7.0	7.1	4.9	6.5
Valuation Ratios
P/S TTM	4.0	3.0	3.4	2.5	3.6
P/EBIT TTM	21.6	17.0	19.5	15.6	27.3
P/E TTM	28.7	23.4	26.5	19.5	39.6
P/FCF TTM	27.2	20.9	24.8	25.0	42.6
Sector Ratios
P/S TTM (Sector)	1.6	1.5	1.4	1.1	1.6
P/EBIT TTM (Sector)	12.7	11.8	11.1	9.1	12.3
P/E TTM (Sector)	17.2	16.5	15.3	12.1	16.3
P/FCF TTM (Sector)	13.3	13.2	12.1	8.4	13.8

	12/20/25	2024	2023
Share Price CYE	$278.58	$201.70	$205.01
Market Cap CYE ($ Bil)	9.3	6.8	6.8
Total Debt ($ Bil)	0.2	0.2	0.3
Total Cash ($ Bil)	0.5	0.4	0.4
Enterprise Value ($ Bil)	9.1	7.0	7.1
Valuation Ratios
P/S TTM	4.0	3.0	3.4
P/EBIT TTM	21.6	17.0	19.5
P/E TTM	28.7	23.4	26.5
P/FCF TTM	27.2	20.9	24.8
Sector Ratios
P/S TTM (Sector)	1.6	1.5	1.4
P/EBIT TTM (Sector)	12.7	11.8	11.1
P/E TTM (Sector)	17.2	16.5	15.3
P/FCF TTM (Sector)	13.3	13.2	12.1

	WTS	S&P 500
REVENUE GROWTH	FAIR
Rev LTM ($ Bil)	2.4
Rev Chg Q	12.5%	7.2%
Rev Chg LTM	4.2%	6.0%
Rev Chg 3Y Avg	6.5%	5.5%
PROFITABILITY	FAIR
Op Inc LTM ($ Bil)	0.4
CFO LTM ($ Bil)	0.4
Net Inc LTM ($ Bil)	0.3
Op Mgn LTM	19.0%	18.8%
CFO/Rev LTM	16.4%	20.4%
Net Inc Mgn	13.8%	13.1%
VALUATION	HIGH
P/S	4.0	3.2
P/CFO	24.1	15.5
P/FCF	27.2	20.7
P/E	28.7	23.5
STABILITY	VERY GOOD
Debt/Equity	0.02	0.21
Cash/Assets	0.17	0.07

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Metric	Value	Date	Source
Employees (Total)	4800	12312024	Link
Employees (Americas)	2500	12312024	Link
Employees (Europe)	1900	12312024	Link
Employees (APMEA)	400	12312024	Link
Sales by Channel (Wholesalers %)	66%	12312024	Link
Sales by Channel (OEMs %)	11%	12312024	Link
Sales by Channel (DIY Chains %)	4%	12312024	Link
Sales by Product Line (Residential & commercial flow control and protection %)	60%	12312024	Link
Sales by Product Line (HVAC & gas %)	24%	12312024	Link
Sales by Product Line (Drainage & water re-use %)	11%	12312024	Link
Sales by Product Line (Water quality %)	5%	12312024	Link
Total Patents	642	11102025	Link
Sales by Offering (Commercial %)	~65%	11102025	Link
Sales by Offering (Residential %)	~35%	11102025	Link
Employee Training Hours	22,400+	12312024	Link
Employees Trained on Quick Kaizens	3,300+	12312024	Link
Quick Kaizen Submissions	9,800+	12312024	Link

Recent
12/01/2025	Dividend	Amount: $0.52 Payment On: 12/15/2025
Upcoming
2/09/2026	Earnings Release	Rev: - EPS: -

WTS Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Generated Analysis | Feedback

Here are the key points for why Watts Water Technologies (WTS) stock moved by approximately 1.3% during the period from August 31, 2025, to December 20, 2025:

1. Strong Third Quarter 2025 Earnings: Watts Water Technologies surpassed market expectations in its Q3 2025 earnings report, announced on November 6, 2025. The company reported record sales of $612 million, exceeding forecasts, and an adjusted earnings per share of $2.50, significantly beating analyst predictions. Organic growth was strong, particularly in the Americas, driven by favorable pricing and volume.

2. Increased Full-Year Outlook: Following its robust third-quarter performance, Watts Water Technologies raised its full-year 2025 sales and margin outlook. This upward revision in guidance signaled continued positive momentum and financial health, likely contributing to investor confidence.

Stock Movement Drivers

Fundamental Drivers

The -0.2% change in WTS stock from 9/19/2025 to 12/19/2025 was primarily driven by a -4.2% change in the company's P/E Multiple.

	9192025	12192025	Change
Stock Price ($)	280.41	279.85	-0.20%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	2285.70	2353.80	2.98%
Net Income Margin (%)	13.63%	13.79%	1.19%
P/E Multiple	30.15	28.87	-4.23%
Shares Outstanding (Mil)	33.50	33.50	0.00%
Cumulative Contribution			-0.20%

LTM = Last Twelve Months as of date shown

Market Drivers

9/19/2025 to 12/19/2025

	Return	Correlation
WTS	-0.2%
Market (SPY)	2.5%	45.1%
Sector (XLI)	1.8%	53.5%

Fundamental Drivers

The 17.0% change in WTS stock from 6/20/2025 to 12/19/2025 was primarily driven by a 5.5% change in the company's Net Income Margin (%).

	6202025	12192025	Change
Stock Price ($)	239.12	279.85	17.03%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	2239.30	2353.80	5.11%
Net Income Margin (%)	13.07%	13.79%	5.54%
P/E Multiple	27.37	28.87	5.50%
Shares Outstanding (Mil)	33.50	33.50	0.00%
Cumulative Contribution			17.03%

LTM = Last Twelve Months as of date shown

Market Drivers

6/20/2025 to 12/19/2025

	Return	Correlation
WTS	17.0%
Market (SPY)	14.8%	45.7%
Sector (XLI)	9.8%	55.6%

Fundamental Drivers

The 38.7% change in WTS stock from 12/19/2024 to 12/19/2025 was primarily driven by a 19.3% change in the company's P/E Multiple.

	12192024	12192025	Change
Stock Price ($)	201.82	279.85	38.66%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	2259.30	2353.80	4.18%
Net Income Margin (%)	12.37%	13.79%	11.55%
P/E Multiple	24.20	28.87	19.32%
Shares Outstanding (Mil)	33.50	33.50	0.00%
Cumulative Contribution			38.66%

LTM = Last Twelve Months as of date shown

Market Drivers

12/19/2024 to 12/19/2025

	Return	Correlation
WTS	38.7%
Market (SPY)	17.5%	61.2%
Sector (XLI)	19.2%	68.9%

Fundamental Drivers

The 97.8% change in WTS stock from 12/20/2022 to 12/19/2025 was primarily driven by a 36.3% change in the company's P/E Multiple.

	12202022	12192025	Change
Stock Price ($)	141.46	279.85	97.83%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1951.50	2353.80	20.61%
Net Income Margin (%)	11.43%	13.79%	20.72%
P/E Multiple	21.19	28.87	36.28%
Shares Outstanding (Mil)	33.40	33.50	-0.30%
Cumulative Contribution			97.83%

LTM = Last Twelve Months as of date shown

Market Drivers

12/20/2023 to 12/19/2025

	Return	Correlation
WTS	38.1%
Market (SPY)	48.5%	56.6%
Sector (XLI)	42.8%	68.6%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
WTS Return	23%	61%	-24%	44%	-2%	39%	196%
Peers Return	22%	30%	-26%	36%	11%	11%	95%
S&P 500 Return	16%	27%	-19%	24%	23%	16%	112%
Monthly Win Rates [3]
WTS Win Rate	58%	67%	42%	67%	50%	83%
Peers Win Rate	65%	73%	32%	57%	58%	62%
S&P 500 Win Rate	58%	75%	42%	67%	75%	73%
Max Drawdowns [4]
WTS Max Drawdown	-27%	-6%	-40%	-2%	-15%	-11%
Peers Max Drawdown	-35%	-6%	-39%	-6%	-7%	-17%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: ZWS, AOS, PNR, XYL, FELE. See WTS Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/19/2025 (YTD)

How Low Can It Go

Unique Key	Event	WTS	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-44.4%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	79.8%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	558 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-33.1%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	49.4%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	203 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-28.8%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	40.4%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	133 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-64.9%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	185.1%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	1,422 days	1,480 days

Compare to FIX, BMI, MWA, THRM, TT

In The Past

Watts Water Technologies's stock fell -44.4% during the 2022 Inflation Shock from a high on 11/10/2021. A -44.4% loss requires a 79.8% gain to breakeven.

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About Watts Water Technologies (WTS)

Watts Water Technologies, Inc. designs, manufactures, and sells products, solution, and systems that manage and conserve the flow of fluids and energy into, through and out of buildings in the commercial and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers residential and commercial flow control products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, and thermostatic mixing valves. It also provides heating, ventilation, and air conditioning and gas products, such as boilers, water heaters, custom heat, and hot water 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 comprising drainage products and engineered rain water harvesting solutions for commercial, industrial, marine, and residential applications; and water quality products that include point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems for commercial and residential applications. Further, it provides smart mixing system under the IntelliStation name. The company sells its products to plumbing, heating, and mechanical wholesale distributors and dealers, as well as original equipment manufacturers, specialty product distributors, do-it-yourself chains, and retail chains; and directly to wholesalers and private label accounts. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts.

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Here are 1-2 brief analogies to describe Watts Water Technologies (WTS):

Honeywell for building water systems.
Johnson Controls for water infrastructure in buildings.

AI Generated Analysis | Feedback

Water Quality Products: Includes filtration systems, water softeners, and purification technologies to improve water purity and taste.
Water Safety Products: Comprises backflow preventers, pressure reducing valves, and temperature & pressure relief valves designed to protect water systems from contamination and over-pressure.
Water Flow Control & Hydronic Systems: Offers products like control valves, hydronic heating solutions, and circulator pumps for efficient water distribution and heating applications.
Drainage Products: Provides floor drains, trench drains, and roof drains for effective removal of wastewater and storm water in commercial and residential buildings.
Smart & Connected Solutions: Features IoT-enabled devices and systems for real-time water monitoring, leak detection, and advanced water management.

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Watts Water Technologies (WTS) Major Customers
Watts Water Technologies (WTS) primarily sells its products to other companies (Business-to-Business or B2B) rather than directly to individual consumers. The company's sales model relies on a broad network of partners and distributors.
Watts Water Technologies does not publicly disclose specific "major" named customer companies, as its sales are diversified across numerous partners, and no single customer accounts for a material portion of its revenues. However, based on the company's filings, its primary categories of customers are:

    Wholesale Distributors: These companies purchase Watts Water Technologies' products in bulk and then resell them to plumbing, HVAC, and fire protection contractors, as well as institutional and industrial end-users. These distributors serve as key channels for getting Watts products into various commercial, residential, and industrial projects.
    Original Equipment Manufacturers (OEMs): Watts supplies components and systems that are integrated into other manufacturers' finished products (e.g., valves used in boilers, water heaters, or other fluid-handling equipment).
    National Accounts: This category includes large organizations such as national home builders, hotel chains, restaurant chains, and government agencies that procure Watts' products directly for their construction projects or ongoing maintenance needs across multiple locations.

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Robert J. Pagano Jr., Chief Executive Officer, President and Chairperson of the Board

Robert J. Pagano Jr. has served as Chief Executive Officer, President, and a Director of Watts Water Technologies since May 2014, and as Chairperson of the Board of Directors since February 2022. He also served as interim Chief Financial Officer from October 2014 to April 2015 and from April 2018 to July 2018. Prior to joining Watts, Mr. Pagano served as Senior Vice President of ITT Corporation and President, ITT Industrial Process from April 2009 to May 2014. He began his career as a CPA at KPMG from 1984 to 1988 and held various financial and leadership roles at ITT Corporation, including Corporate Controller and VP, and VP Finance. He also serves on the board of Applied Industrial Technologies, Inc.

Ryan S. Lada, Chief Financial Officer

Ryan S. Lada has served as Chief Financial Officer of Watts Water Technologies since 2025. He previously served as Senior Vice President, Chief Financial Officer, and Treasurer at The AZEK Company. Before that, he was the Vice President of Corporate Finance and Chief Financial Officer for AZEK's Residential and Commercial segments. Mr. Lada also held senior finance roles with Cantel Medical Corporation, including Vice President of Investor Relations and Treasury, Chief Financial Officer of the Global Medical Division, and Chief Financial Officer for the Europe, Middle East and Africa region. His background includes financial leadership positions at General Electric Company, IDEX Corporation, and Medtronic, Inc.

Andre Dhawan, Chief Operating Officer

Andre Dhawan joined Watts Water Technologies in August 2022 as Chief Operating Officer. Before this role, he was President of the Americas from 2020 to 2022 and President of EMEA and APAC from 2015 to 2020 at Gilbarco Veeder-Root. He also served as President of EMEA at Xylem Inc from 2013 to 2014 and held numerous positions at ITT Corp.

Kenneth R. Lepage, General Counsel, Chief Sustainability Officer and Secretary

Kenneth R. Lepage has served as General Counsel and Secretary of Watts Water Technologies since August 2008 and as Chief Sustainability Officer since May 2021. He also previously held the position of Chief Human Resources Officer for the company from April 2020 to October 2021 and from December 2009 to October 2015. Mr. Lepage initially joined the company in September 2003 as Assistant General Counsel and Assistant Secretary. Before joining Watts, he was a Junior Partner at the law firm of Hale and Dorr LLP.

Monica Barry, Chief Human Resources Officer

Monica Barry joined Watts Water Technologies in October 2021 as Chief Human Resources Officer. Prior to her role at Watts, Ms. Barry served as Vice President, Talent Management, Organizational Development and Corporate Human Resources Business Partner with Colfax Corporation from February 2020 to September 2021.

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The key risks to Watts Water Technologies (WTS) include the following:

Legal and Regulatory Risks: Watts Water Technologies faces significant risks related to legal and regulatory changes. These can include new or altered governmental regulations and industry standards, which could substantially increase manufacturing costs, affect product demand, or necessitate changes in manufacturing technologies or materials, potentially harming the business. The company is also exposed to risks from product liability and other lawsuits, which could adversely impact its operations and financial condition.
Failure to Innovate and Meet Market Needs: The successful execution of Watts Water Technologies' business strategy relies on its ability to continuously evolve existing products and introduce new ones that meet customer needs. If the company fails to meet stringent performance and specification requirements, or if its new product offerings, particularly smart and connected products, are not accepted by the market, its business could be at risk.
Economic and Geopolitical Risks: Watts Water Technologies is exposed to economic and geopolitical risks, particularly due to its international sales and operations. Softening economic conditions, such as those experienced in Europe in fiscal year 2024, can adversely affect operating results. Other factors like current economic and financial conditions impacting housing and construction markets, along with global crises, and currency translation risks, also pose threats to the business and future operating results.

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Watts Water Technologies (WTS) operates within a substantial global addressable market. The total available market opportunity for Watts' end markets is estimated to be $20 billion globally.

These end markets encompass a diverse range of applications, including Residential, Multi-Family/Commercial, Institutional/Educational, Healthcare, Light/General Industrial, Hospitality - Hotel/Foodservice, and Data Centers.

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Watts Water Technologies (WTS) is expected to drive future revenue growth over the next 2-3 years through several key strategies: * Strategic Acquisitions: The company actively pursues strategic acquisitions to expand its offerings and market presence. Recent examples include the acquisition of Haws Corporation in November 2025, which is anticipated to broaden capabilities and solutions, and the acquisition of I-CON Systems in January 2025, aimed at expanding digital offerings and penetrating the institutional market, specifically correctional facilities. Additionally, the acquisition of EasyWater in June 2025 added innovative water conditioning and filtration solutions, complementing Watts' existing portfolio. * Innovation and Expansion of Smart & Connected Solutions: Watts Water Technologies is focused on driving profitable growth through innovation, particularly in its smart and connected product lines. The Nexa intelligent water management solution, for instance, has garnered positive customer feedback and is expected to contribute to future growth, with smart and connected products already representing 25% of total sales. * Strategic Pricing Actions: The company has implemented and plans to continue strategic pricing actions to offset cost increases, including those related to tariffs and inflation. These pricing adjustments have positively impacted sales and are expected to carry over into the upcoming year, contributing to revenue growth. * Growth in Key End Markets, particularly Data Centers: Watts Water Technologies is capitalizing on strong demand in specific high-growth end markets. The rapid expansion of the North American data center market has been highlighted as a significant revenue driver, helping to offset softness in other sectors. The company's strategy involves pivoting to growing sub-verticals to leverage market opportunities. * Strong Performance and Demand in the Americas Region: The Americas region has demonstrated robust growth, with significant increases in reported and organic sales. This growth has been attributed to favorable pricing, increased volume, and pull-forward demand, and is expected to continue to be a substantial contributor to the company's overall sales performance.

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Share Repurchases

Watts Water Technologies repurchased $11.8 million in shares during the first nine months of 2025 and $17 million in 2024.
The company executed share repurchases of $16 million in 2023 and $69.4 million in 2022.
As of November 2025, approximately $133 million remained available under a stock repurchase program authorized in 2023, which has no expiration date.

Share Issuance

Watts Water Technologies' shares outstanding saw slight declines from 2021 to 2024, indicating net repurchases rather than significant issuances.

Outbound Investments

Watts Water Technologies acquired Haws Corporation on November 4, 2025, a global provider of emergency safety and hydration solutions.
In the past two years (as of March 2025), the company completed three strategic acquisitions, including I-CON and EasyWater, which contributed $11 million in incremental sales to the Americas segment in Q3 2025.
The company has an active acquisition strategy, having completed 14 acquisitions since 2015, focusing on expanding its addressable market and creating value.

Capital Expenditures

Capital expenditures were $31 million for the first nine months of 2025, $87.3 million in 2023, and $32 million in 2022.
A significant portion of capital expenditures in 2020 ($70 million), 2021 ($49 million), and 2022 ($32 million) was directed towards a major expansion of the company's precision chemistry consumable operations in the United States.
In 2023, $14.3 million was invested in manufacturing capabilities to enhance vertical integration and reduce supplier leverage.

Better Bets than Watts Water Technologies (WTS)

	WTS	Better Performance than WTS
Metric	Value	INDUSTRY: Building Products
Rev Chg LTM	4.2%	OC (21.7%), AWI (15.1%), TT (8.6%), ALLE (6.9%), SSD (4.3%)
Rev Chg 3Y Avg	6.5%	AAON (20.7%), TT (10.8%), AWI (9.8%), ALLE (8.6%), OC (7.1%)
Op Mgn LTM	19.0%	WMS (22.3%), ALLE (21.0%), LII (19.9%), AWI (19.4%), SSD (19.3%)
CFO/Rev LTM	16.4%	WMS (24.8%), AWI (20.8%), ALLE (19.2%), SSD (18.1%), AOS (17.1%)
FCF/Rev LTM	14.6%	WMS (17.7%), ALLE (17.1%), JBI (15.8%), AWI (15.1%), AOS (14.9%)
Total Yield	4.1%	CARR (10.3%), ALLE (5.9%), JCI (5.7%), LII (5.3%), TT (4.3%)
P/S	4.0	MAS (1.8), CARR (2.1), JCI (3.2), LII (3.3), ALLE (3.5)
P/Op Inc	21.0	MAS (10.4), LII (16.4), ALLE (16.5), WMS (17.3), CARR (20.4)

	WTS	Better Performance than WTS
Metric	Value	SECTOR: Industrials
Rev Chg LTM	4.2%	UBER (18.2%), GE (17.7%), BA (10.2%), GEV (9.4%), RTX (8.8%)
Rev Chg 3Y Avg	6.5%	UBER (19.6%), GE (15.7%), BA (10.1%), ETN (9.7%), RTX (9.4%)
Op Mgn LTM	19.0%	UNP (40.6%), ADP (26.2%), PH (20.7%), GE (20.5%), MMM (20.5%)
CFO/Rev LTM	16.4%	UNP (39.6%), UBER (18.1%), CAT (17.8%), GE (17.2%), DE (16.7%)
FCF/Rev LTM	14.6%	UNP (24.5%), UBER (17.5%), PH (16.9%), HON (15.2%), GE (14.7%)
Total Yield	4.1%	UBER (10.1%), UNP (7.4%), HON (7.2%), DE (5.3%), CAT (4.4%)
P/S	4.0	BA (2.0), RTX (2.8), DE (2.8), HON (3.1), UBER (3.3)
P/Op Inc	21.0	UNP (13.9), DE (15.1), HON (16.4), LMT (18.3), ADP (19.1)

	WTS	Better Performance than WTS
Metric	Value	ALL OTHER SECTORS
Rev Chg LTM	4.2%	NVDA (65.2%), MSFT (15.6%), GOOGL (13.4%), AMZN (10.9%), AAPL (6.0%)
Rev Chg 3Y Avg	6.5%	NVDA (91.6%), META (17.3%), MSFT (13.2%), AMZN (11.3%), GOOGL (11.0%)
Op Mgn LTM	19.0%	NVDA (58.8%), MSFT (46.3%), META (43.2%), GOOGL (32.2%), AAPL (31.9%)
CFO/Rev LTM	16.4%	MSFT (50.0%), NVDA (44.4%), GOOGL (39.3%), AAPL (26.6%), AMZN (18.1%)
FCF/Rev LTM	14.6%	NVDA (41.3%), MSFT (26.6%), META (23.7%), AAPL (23.5%), GOOGL (19.1%)
Total Yield	4.1%	XOM (9.4%), JNJ (7.5%), JPM (6.6%), BRK-B (6.3%), V (5.2%)
P/S	4.0	WMT (1.3), XOM (1.5), BRK-B (2.7), AMZN (3.6), BAC (3.8)
P/Op Inc	21.0	XOM (14.0), HD (15.9), V (17.0), META (20.2), JNJ (20.6)

		Best Bets In Industrials Sector
	WTS	GATX	VRSK	PAYX	ADT	AGX	AME	PCTY	TDG	FTV	VRRM
What You Pay
P/E	28.9	19.8	33.0	24.4	10.4	37.5	31.9	37.7	35.8	30.2	69.1
P/EBIT	21.7	9.5	22.5	17.7	5.2	37.6	25.4	27.1	17.7	14.7	20.5
What You Get
Rev Chg Q	12.5%	8.4%	5.9%	10.2%	4.4%	-2.3%	10.8%	12.5%	11.5%	2.3%	16.1%
Rev Chg LTM	4.2%	10.7%	7.3%	5.6%	6.3%	13.5%	3.7%	13.3%	11.2%	27.9%	8.5%
Rev Chg 3Y Avg	6.5%	10.3%	13.4%	6.5%	3.4%	26.9%	5.9%	21.4%	17.7%	9.4%	9.1%
FCF/Rev 3Y Avg	14.4%	39.2%	33.2%	31.6%	24.7%	24.5%	23.2%	21.5%	21.0%	20.1%	19.0%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 16%, alpha of 4.2%, and sharpe of 0.76

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	Watts Water Technologies Earnings Notes
2	How Low Can Watts Water Technologies Stock Really Go?	Return
3	Watts Water Technologies vs Alphabet: Which Is A Better Investment?	Counter-Intuitive Comparisons
4	Watts Water Technologies vs United Rentals: Which Is A Better Investment?	Counter-Intuitive Comparisons
5	Watts Water Technologies vs Allegion: Which Is A Better Investment?	Counter-Intuitive Comparisons
6	How Does Watts Water Technologies Stock Stack Up Against Its Peers?
7	Better Bet Than WTS Stock: Pay Less Than Watts Water Technologies To Get More From GOOGL, DIS
8	Better Bet Than WTS Stock: Pay Less Than Watts Water Technologies To Get More From TDG, IR
9	Better Bet Than WTS Stock: Pay Less Than Watts Water Technologies To Get More From ALLE, LII
10	WTS Dip Buy Analysis
11	ARTICLES
12	Small Cap Stocks Trading At 52-Week High		August 22nd, 2025
13	Small Cap Stocks Trading At 52-Week High		August 20th, 2025
14	Small Cap Stocks Trading At 52-Week High		August 1st, 2025

	Title
0	DASHBOARDS
1	Watts Water Technologies Earnings Notes
2	How Low Can Watts Water Technologies Stock Really Go?
3	Watts Water Technologies vs Alphabet: Which Is A Better Investment?
4	Watts Water Technologies vs United Rentals: Which Is A Better Investment?
5	Watts Water Technologies vs Allegion: Which Is A Better Investment?
6	How Does Watts Water Technologies Stock Stack Up Against Its Peers?
7	Better Bet Than WTS Stock: Pay Less Than Watts Water Technologies To Get More From GOOGL, DIS
8	Better Bet Than WTS Stock: Pay Less Than Watts Water Technologies To Get More From TDG, IR
9	Better Bet Than WTS Stock: Pay Less Than Watts Water Technologies To Get More From ALLE, LII
10	WTS Dip Buy Analysis
11	ARTICLES
12	Small Cap Stocks Trading At 52-Week High
13	Small Cap Stocks Trading At 52-Week High
14	Small Cap Stocks Trading At 52-Week High

Trade Ideas

Select past ideas related to WTS. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
CNM_11212025_Dip_Buyer_FCFYield	11212025	CNM	Core & Main	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	18.0%	18.0%	-1.6%
VRRM_11212025_Dip_Buyer_FCFYield	11212025	VRRM	Verra Mobility	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.7%	3.7%	-1.2%
LII_11212025_Dip_Buyer_ValueBuy	11212025	LII	Lennox International	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	6.8%	6.8%	0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper	11212025	ADP	Automatic Data Processing	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	2.6%	2.6%	-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%	11212025	CW	Curtiss-Wright	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	3.6%	3.6%	-0.4%
WTS_11302021_Quality_Momentum_RoomToRun_10%	11302021	WTS	Watts Water Technologies	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	-30.4%	-15.4%	-37.8%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
CNM_11212025_Dip_Buyer_FCFYield	11212025	CNM	Core & Main	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	18.0%	18.0%	-1.6%
VRRM_11212025_Dip_Buyer_FCFYield	11212025	VRRM	Verra Mobility	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.7%	3.7%	-1.2%
LII_11212025_Dip_Buyer_ValueBuy	11212025	LII	Lennox International	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	6.8%	6.8%	0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper	11212025	ADP	Automatic Data Processing	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	2.6%	2.6%	-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%	11212025	CW	Curtiss-Wright	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	3.6%	3.6%	-0.4%
WTS_11302021_Quality_Momentum_RoomToRun_10%	11302021	WTS	Watts Water Technologies	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	-30.4%	-15.4%	-37.8%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
LUNR	Intuitive Machines	1.8	37.7%	-17.7%
GTN-A	Gray Media	1.1	30.9%	55.5%
FOLD	Amicus Therapeutics	4.4	30.2%	50.5%
FLY	Firefly Aerospace	3.5	22.8%
CRWV	CoreWeave	40.4	22.6%
EVMN	Evommune	0.5	21.6%
EWTX	Edgewise Therapeutics	2.7	20.8%	-4.3%
FBYD	Falcons Beyond Global	0.7	19.9%	125.4%
ONDS	Ondas	1.4	18.2%	260.2%
BMRN	BioMarin Pharmaceutical	11.7	17.7%	-7.0%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
LW	Lamb Weston	6.2	-25.9%	-32.5%
BB	BlackBerry	2.2	-12.9%	-0.3%
IRON	Disc Medicine	2.8	-11.5%	26.2%
NKE	Nike	86.7	-10.5%	-20.6%
TLRY	Tilray Brands	11.8	-9.6%	-16.1%
OLMA	Olema Pharmaceuticals	2.4	-9.3%	379.1%
KBH	KB Home	3.8	-8.5%	-11.2%
PAHC	Phibro Animal Health	1.5	-7.8%	80.2%
EEX	Emerald	0.9	-7.7%	-1.3%
GETY	Getty Images	0.5	-7.4%	-41.7%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
FBYD	Falcons Beyond Global	0.7	60.2%	125.4%
DJT	Trump Media & Technology	4.5	51.1%	-52.8%
GTN-A	Gray Media	1.1	40.6%	55.5%
FOLD	Amicus Therapeutics	4.4	34.4%	50.5%
EEX	Emerald	0.9	27.4%	-1.3%
LUNR	Intuitive Machines	1.8	24.8%	-17.7%
QURE	uniQure	1.3	23.0%	35.8%
RIVN	Rivian Automotive	27.4	21.9%	68.8%
PHAT	Phathom Pharmaceuticals	1.3	20.4%	115.9%
TE	T1 Energy	1.0	20.2%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
NOW	ServiceNow	32.2	-82.0%	-26.7%
LWLG	Lightwave Logic	0.4	-28.0%	42.4%
LW	Lamb Weston	6.2	-26.3%	-32.5%
INSP	Inspire Medical Systems	2.8	-26.1%	-47.9%
BETR	Better Home & Finance	0.5	-21.1%	269.6%
FDMT	4D Molecular Therapeutics	0.5	-19.9%	55.8%
VSTM	Verastem	0.6	-19.3%	50.1%
CGEM	Cullinan Therapeutics	0.6	-18.8%	-20.5%
USAR	USA Rare Earth	1.4	-18.8%	46343.0%
BW	Babcock & Wilcox Enterprises	0.5	-17.6%	198.8%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
WVE	WAVE Life Sciences	2.6	132.3%	29.2%
TE	T1 Energy	1.0	122.5%
VERA	Vera Therapeutics	3.3	79.4%	21.1%
FTRE	Fortrea	1.6	76.7%	-4.9%
ARWR	Arrowhead Pharmaceuticals	9.5	74.9%	262.6%
ANF	Abercrombie & Fitch	5.8	73.7%	-19.0%
ALMS	Alumis	0.9	71.8%	43.6%
LUNR	Intuitive Machines	1.8	70.5%	-17.7%
VSCO	Victoria's Secret	4.5	63.0%	36.9%
PL	Planet Labs PBC	5.8	62.7%	374.8%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
RZLT	Rezolute	0.2	-82.6%	-63.9%
JANX	Janux Therapeutics	0.9	-52.1%	-74.2%
FRMI	Fermi	5.9	-50.1%
LENZ	LENZ Therapeutics	0.5	-36.6%	-37.7%
GOGO	Gogo	0.6	-34.9%	-44.0%
LWLG	Lightwave Logic	0.4	-34.0%	42.4%
BETR	Better Home & Finance	0.5	-32.1%	269.6%
IMSR	Terrestrial Energy	0.7	-30.8%
ORIC	ORIC Pharmaceuticals	0.6	-30.0%	-0.4%
PBF	PBF Energy	3.0	-29.7%	3.7%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
LUNR	Intuitive Machines	1.8	37.7%	-17.7%
GTN-A	Gray Media	1.1	30.9%	55.5%
FOLD	Amicus Therapeutics	4.4	30.2%	50.5%
FLY	Firefly Aerospace	3.5	22.8%
CRWV	CoreWeave	40.4	22.6%
EVMN	Evommune	0.5	21.6%
EWTX	Edgewise Therapeutics	2.7	20.8%	-4.3%
FBYD	Falcons Beyond Global	0.7	19.9%	125.4%
ONDS	Ondas	1.4	18.2%	260.2%
BMRN	BioMarin Pharmaceutical	11.7	17.7%	-7.0%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
LW	Lamb Weston	6.2	-25.9%	-32.5%
BB	BlackBerry	2.2	-12.9%	-0.3%
IRON	Disc Medicine	2.8	-11.5%	26.2%
NKE	Nike	86.7	-10.5%	-20.6%
TLRY	Tilray Brands	11.8	-9.6%	-16.1%
OLMA	Olema Pharmaceuticals	2.4	-9.3%	379.1%
KBH	KB Home	3.8	-8.5%	-11.2%
PAHC	Phibro Animal Health	1.5	-7.8%	80.2%
EEX	Emerald	0.9	-7.7%	-1.3%
GETY	Getty Images	0.5	-7.4%	-41.7%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
FBYD	Falcons Beyond Global	0.7	60.2%	125.4%
DJT	Trump Media & Technology	4.5	51.1%	-52.8%
GTN-A	Gray Media	1.1	40.6%	55.5%
FOLD	Amicus Therapeutics	4.4	34.4%	50.5%
EEX	Emerald	0.9	27.4%	-1.3%
LUNR	Intuitive Machines	1.8	24.8%	-17.7%
QURE	uniQure	1.3	23.0%	35.8%
RIVN	Rivian Automotive	27.4	21.9%	68.8%
PHAT	Phathom Pharmaceuticals	1.3	20.4%	115.9%
TE	T1 Energy	1.0	20.2%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
NOW	ServiceNow	32.2	-82.0%	-26.7%
LWLG	Lightwave Logic	0.4	-28.0%	42.4%
LW	Lamb Weston	6.2	-26.3%	-32.5%
INSP	Inspire Medical Systems	2.8	-26.1%	-47.9%
BETR	Better Home & Finance	0.5	-21.1%	269.6%
FDMT	4D Molecular Therapeutics	0.5	-19.9%	55.8%
VSTM	Verastem	0.6	-19.3%	50.1%
CGEM	Cullinan Therapeutics	0.6	-18.8%	-20.5%
USAR	USA Rare Earth	1.4	-18.8%	46343.0%
BW	Babcock & Wilcox Enterprises	0.5	-17.6%	198.8%

Peer Comparisons for Watts Water Technologies

Peers to compare with:

Financials

	WTS	ZWS	AOS	PNR	XYL	FELE	Median
Name	Watts Wa.	Zurn Elk.	A.O. Smi.	Pentair	Xylem	Franklin.
Mkt Price	279.85	47.50	68.01	103.87	138.07	97.32	100.59
Mkt Cap	9.4	8.0	9.5	17.0	33.6	4.3	9.4
Rev LTM	2,354	1,659	3,830	4,128	8,894	2,110	3,092
Op Inc LTM	447	277	720	864	1,232	264	584
FCF LTM	344	289	572	783	925	202	458
FCF 3Y Avg	318	273	536	675	753	227	427
CFO LTM	387	318	656	850	1,273	245	521
CFO 3Y Avg	352	296	621	748	1,053	269	487

Growth & Margins

	WTS	ZWS	AOS	PNR	XYL	FELE	Median
Name	Watts Wa.	Zurn Elk.	A.O. Smi.	Pentair	Xylem	Franklin.
Rev Chg LTM	4.2%	6.9%	-1.6%	0.8%	5.6%	5.1%	4.6%
Rev Chg 3Y Avg	6.5%	12.8%	0.2%	0.2%	18.9%	2.1%	4.3%
Rev Chg Q	12.5%	11.1%	4.4%	2.9%	7.8%	9.5%	8.6%
QoQ Delta Rev Chg LTM	3.0%	2.8%	1.1%	0.7%	1.9%	2.4%	2.2%
Op Mgn LTM	19.0%	16.7%	18.8%	20.9%	13.9%	12.5%	17.7%
Op Mgn 3Y Avg	17.8%	15.2%	19.2%	18.8%	12.1%	12.7%	16.5%
QoQ Delta Op Mgn LTM	0.1%	-0.1%	0.2%	0.5%	0.6%	0.3%	0.2%
CFO/Rev LTM	16.4%	19.2%	17.1%	20.6%	14.3%	11.6%	16.8%
CFO/Rev 3Y Avg	16.0%	18.7%	16.2%	18.2%	13.0%	13.0%	16.1%
FCF/Rev LTM	14.6%	17.4%	14.9%	19.0%	10.4%	9.6%	14.8%
FCF/Rev 3Y Avg	14.4%	17.3%	14.0%	16.4%	9.2%	11.0%	14.2%

Valuation

	WTS	ZWS	AOS	PNR	XYL	FELE	Median
Name	Watts Wa.	Zurn Elk.	A.O. Smi.	Pentair	Xylem	Franklin.
Mkt Cap	9.4	8.0	9.5	17.0	33.6	4.3	9.4
P/S	4.0	4.8	2.5	4.1	3.8	2.1	3.9
P/EBIT	21.7	29.1	13.3	20.7	27.6	22.1	21.9
P/E	28.9	41.5	17.9	26.0	35.5	30.6	29.7
P/CFO	24.2	25.1	14.5	20.0	26.4	17.7	22.1
Total Yield	4.1%	3.2%	7.6%	4.8%	4.0%	3.8%	4.0%
Dividend Yield	0.7%	0.8%	2.0%	0.9%	1.1%	0.6%	0.9%
FCF Yield 3Y Avg	4.5%	4.5%	4.9%	4.5%	2.5%	5.2%	4.5%
D/E	0.0	0.1	0.0	0.1	0.1	0.1	0.1
Net D/E	-0.0	0.0	0.0	0.1	0.0	0.0	0.0

Returns

	WTS	ZWS	AOS	PNR	XYL	FELE	Median
Name	Watts Wa.	Zurn Elk.	A.O. Smi.	Pentair	Xylem	Franklin.
1M Rtn	5.1%	4.5%	6.9%	1.3%	-0.7%	7.6%	4.8%
3M Rtn	-0.2%	1.5%	-6.4%	-5.6%	-3.1%	2.4%	-1.6%
6M Rtn	17.0%	34.9%	9.5%	7.3%	11.6%	15.2%	13.4%
12M Rtn	38.7%	29.1%	1.4%	3.9%	20.0%	-0.3%	12.0%
3Y Rtn	97.8%	137.0%	27.5%	146.9%	32.1%	27.3%	65.0%
1M Excs Rtn	2.2%	1.6%	4.0%	-1.6%	-3.6%	4.7%	1.9%
3M Excs Rtn	-2.0%	-0.7%	-7.5%	-7.5%	-5.6%	0.1%	-3.8%
6M Excs Rtn	1.2%	18.7%	-6.3%	-8.6%	-2.8%	-1.2%	-2.0%
12M Excs Rtn	18.4%	10.0%	-14.9%	-13.5%	2.7%	-18.3%	-5.4%
3Y Excs Rtn	17.8%	33.0%	-49.1%	64.1%	-46.4%	-48.1%	-14.3%

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	9/28/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	11/6/2025	2/18/2025	2/21/2024	2/21/2023	2/22/2022	2/18/2021	2/20/2020
Key Financials
Total Revenue	2,354	2,252	2,056	1,980	1,809	1,509	1,600
EBITDA	489	455	401	354	286	227	245
Operating Income	447	398	356	326	259	191	201
Net Income	325	291	262	252	166	114	132
EPS	9.69	8.70	7.85	7.51	4.90	3.37	3.86
Growth Rates
Total Revenue Growth	4.2%	9.5%	3.9%	9.4%	19.9%	-5.7%	2.3%
EBITDA Growth	10.3%	13.5%	13.2%	24.1%	25.9%	-7.3%	2.2%
Operating Income Growth	14.5%	11.6%	9.5%	25.8%	35.5%	-5.2%	5.0%
Net Income Growth	16.2%	11.1%	4.2%	51.8%	45.0%	-13.1%	2.7%
Margins
EBITDA Margin	20.8%	20.2%	19.5%	17.9%	15.8%	15.0%	15.3%
Operating Income Margin	19.0%	17.7%	17.3%	16.4%	14.3%	12.7%	12.6%
Net Income Margin	13.8%	12.9%	12.7%	12.7%	9.2%	7.6%	8.2%
Cash & Debt
Total Cash	458	387	350	311	242	219	220
Total Debt	198	197	298	148	142	198	309
Net Debt / (Cash)	-260	-190	-52	-163	-100	-21	90
Cash Flows
Net Cash from Operations	387	361	311	224	181	229	194
Free Cash from Operations	344	326	281	196	154	185	165
Returns to Shareholders
Dividends	64	56	46	40	34	31	31
Share Repurchases	16	17	16	69	16	29	20

$ Mil \| FY: 12/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	9/28/2025	6/29/2025	3/30/2025	12/31/2024	9/29/2024	6/30/2024	3/31/2024	12/31/2023	9/24/2023	6/25/2023	3/26/2023	12/31/2022
Filing Date	11/6/2025	8/7/2025	5/8/2025	2/18/2025	10/31/2024	8/8/2024	5/9/2024	2/21/2024	11/2/2023	8/3/2023	5/4/2023	2/21/2023
Key Financials Quarterly
Total Revenue	612	644	558	540	544	597	571	548	504	533	472	502
Ebitda	128	152	103	105	110	127	113	94	100	113	95	76
Operating Income	113	139	105	90	98	112	98	82	88	102	84	73
Net Income	82	101	74	68	69	82	73	56	66	76	65	69
EPS	2.45	3.01	2.21	2.02	2.07	2.44	2.17	1.67	1.97	2.27	1.94	2.05
Key Financials TTM
Total Revenue TTM	2,354	2,286	2,239	2,252	2,259	2,220	2,156	2,056	2,011	1,994	1,988	1,980
Ebitda TTM	489	471	446	455	443	433	419	401	383	374	368	354
Operating Income TTM	447	432	405	398	390	380	370	356	347	342	338	326
Net Income TTM	325	312	293	291	279	276	270	262	275	268	262	252
Growth Rates Quarterly
Total Revenue Growth	12.5%	7.8%	-2.3%	-1.3%	7.8%	12.1%	21.0%	9.1%	3.4%	1.2%	1.8%	5.9%
EBITDA Growth	16.8%	19.6%	-8.3%	12.6%	10.2%	12.8%	18.6%	23.5%	9.7%	6.3%	16.4%	3.1%
Operating Income Growth	15.5%	24.2%	7.3%	8.8%	12.1%	9.5%	16.0%	12.4%	6.6%	4.5%	16.4%	15.2%
Net Income Growth	19.0%	23.0%	1.9%	21.4%	5.0%	8.0%	12.2%	-18.8%	12.1%	8.9%	18.7%	71.1%
Margins Quarterly
EBITDA Margin	21.0%	23.6%	18.5%	19.5%	20.2%	21.3%	19.7%	17.1%	19.8%	21.1%	20.1%	15.1%
Operating Income Margin	18.5%	21.5%	18.8%	16.6%	18.0%	18.7%	17.1%	15.1%	17.4%	19.1%	17.9%	14.6%
Net Income Margin	13.4%	15.7%	13.3%	12.5%	12.7%	13.7%	12.7%	10.2%	13.0%	14.2%	13.7%	13.7%
Cash & Debt
Total Cash	458	369	337	387	304	279	237	350	363	292	312	311
Total Debt	198	197	197	197	212	259	284	298	98	98	148	148
Net Debt / (Cash)	-260	-172	-140	-190	-92	-21	46	-52	-264	-194	-164	-163
Cash Flows Quarterly
FCF from Operations	122	70	55	140	91	85	46	110	100	67	33	138
Cash Flows TTM
FCF from Operations TTM	387	355	371	361	332	341	323	311	339	280	259	224
Returns to Shareholders Quarterly
Dividends	17	18	14	14	14	15	12	12	12	12	10	10
Share Repurchases	4	4	4	4	5	4	4	4	4	4	4	4
Return on Invested Capital (ROIC) Quarterly
ROIC	102.5%	100.9%	88.7%	81.9%	63.7%	65.4%	51.9%	49.3%	105.5%	93.3%	74.7%	85.8%
Return on Invested Capital (ROIC) TTM
ROIC TTM	105.1%	81.1%	77.8%	90.0%	63.2%	55.4%	48.1%	55.4%	114.4%	84.7%	78.5%	77.8%

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021	2020
Residential & Commercial Flow Control	1,156	1,035	953	786	828
Heating, Ventilation and Air Conditioning (HVAC) and Gas Products	596	615	558	460	498
Drainage and Water Re-use Products	194	200	183	156	172
Water Quality Products	110	130	114	106	103
Total	2,056	1,980	1,809	1,509	1,600

Price Behavior

Price Behavior

Market Price	$279.85
Market Cap ($ Bil)	9.4
First Trading Date	01/02/1986
Distance from 52W High	-1.9%
	50 Days	200 Days
DMA Price	$274.18	$251.00
DMA Trend	up	down
Distance from DMA	2.1%	11.5%
	3M	1YR
Volatility	23.6%	28.5%
Downside Capture	110.46	90.18
Upside Capture	95.90	107.84
Correlation (SPY)	44.0%	61.3%

WTS Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	0.95	0.84	0.86	0.92	0.91	1.00
Up Beta	-0.07	0.31	0.67	1.17	0.88	1.00
Down Beta	0.19	0.73	0.72	1.02	0.82	0.87
Up Capture	139%	87%	79%	79%	109%	118%
Bmk +ve Days	13	26	39	74	142	427
Stock +ve Days	8	17	27	63	125	385
Down Capture	129%	112%	110%	80%	95%	101%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	12	25	36	63	124	366

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of WTS With Other Asset Classes (Last 1Y)
	WTS	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	29.0%	14.6%	13.5%	62.9%	2.8%	-2.4%	-19.7%
Annualized Volatility	28.8%	19.0%	19.7%	19.2%	16.0%	17.7%	35.4%
Sharpe Ratio	0.88	0.58	0.52	2.42	-0.01	-0.29	-0.33
Correlation With Other Assets		69.7%	62.1%	-1.8%	21.2%	57.9%	33.1%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data

		Comparison of WTS With Other Asset Classes (Last 5Y)
	WTS	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	19.8%	13.6%	14.8%	18.3%	11.1%	4.7%	34.8%
Annualized Volatility	27.7%	17.2%	17.1%	15.5%	18.9%	18.9%	48.9%
Sharpe Ratio	0.67	0.63	0.70	0.95	0.48	0.16	0.62
Correlation With Other Assets		71.3%	63.3%	7.6%	14.1%	56.4%	23.7%

Based On 10-Year Data

		Comparison of WTS With Other Asset Classes (Last 10Y)
	WTS	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	19.1%	13.5%	14.8%	14.5%	6.3%	5.4%	68.9%
Annualized Volatility	28.3%	19.9%	18.0%	14.7%	17.7%	20.8%	55.8%
Sharpe Ratio	0.66	0.60	0.71	0.81	0.28	0.23	0.89
Correlation With Other Assets		72.5%	67.0%	2.8%	23.5%	57.4%	17.5%

Short Interest

Short Interest: As Of Date	11282025
Short Interest: Shares Quantity	887,001
Short Interest: % Change Since 11152025	18.4%
Average Daily Volume	159,312
Days-to-Cover Short Interest	5.57
Basic Shares Quantity	33,500,000
Short % of Basic Shares	2.6%

Returns Analyses

	Title
0	How Low Can Watts Water Technologies Stock Really Go?
1	Watts Water Technologies Stock Return Comparison
2	[10/13/2021] Watts Water Technologies (WTS) Stock Price Forecast: AI Forecasts WTS Stock Price To Be Around $173.90 In A Month (Up 2.7%)
3	Watts Water Technologies (WTS) Stock Return: AI Predicts WTS Average and Excess Return After a Fall or Rise

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
11/5/2025	-6.6%	-2.1%	-3.8%
8/6/2025	-1.2%	5.1%	6.5%
5/7/2025	11.1%	13.5%	15.9%
2/10/2025	7.6%	4.5%	0.4%
10/30/2024	-3.6%	7.3%	9.3%
8/7/2024	-4.3%	-6.1%	-2.2%
5/8/2024	-0.5%	2.6%	-11.7%
2/12/2024	-8.7%	-9.8%	-6.4%
...
SUMMARY STATS
# Positive	14	18	15
# Negative	10	6	9
Median Positive	4.8%	5.3%	8.3%
Median Negative	-3.6%	-7.1%	-4.1%
Max Positive	11.1%	13.5%	15.9%
Max Negative	-8.7%	-9.8%	-11.7%

SEC Filings

Expand for More

Report Date	Filing Date	Filing
9302025	11062025	10-Q 9/28/2025
6302025	8072025	10-Q 6/29/2025
3312025	5082025	10-Q 3/30/2025
12312024	2182025	10-K 12/31/2024
9302024	10312024	10-Q 9/29/2024
6302024	8082024	10-Q 6/30/2024
3312024	5092024	10-Q 3/31/2024
12312023	2212024	10-K 12/31/2023
9302023	11022023	10-Q 9/24/2023
6302023	8032023	10-Q 6/25/2023
3312023	5042023	10-Q 3/26/2023
12312022	2212023	10-K 12/31/2022
9302022	11032022	10-Q 9/25/2022
6302022	8042022	10-Q 6/26/2022
3312022	5042022	10-Q 3/27/2022
12312021	2222022	10-K 12/31/2021

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Watts Water Technologies (WTS)

Market Price (12/20/2025): $278.58 | Market Cap: $9.3 BilSector: Industrials | Industry: Building Products

Watts Water Technologies (WTS)

Market Price (12/20/2025): $278.58Market Cap: $9.3 BilSector: IndustrialsIndustry: Building Products

Valuation, Metrics & Events

WTS Stock

Why The Stock Moved

Qualitative Assessment

Stock Movement Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Return vs. Risk

Price Returns Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

About Watts Water Technologies (WTS)