15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 10.1% per year over the past 5 years.
Net income has grown faster than revenue (24.4% vs 10.1% per year).
Operating margin has expanded, at 18.4% in the latest year.
Free cash flow has grown 14.0% per year over the past 5 years.
Financial health
The company holds more cash ($406M) than total debt ($198M).
Total debt has grown slower than revenue (-0.2% vs 10.1% per year).
Operating income covered interest expense 41× in the latest year, up from 14× 5 years ago.
Total debt is 0.4× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$2.4B
$341M
49.5%
18.4%
16.8%
11.8%
$356M
$198M
$406M
2024
$2.3B
$291M
47.2%
17.3%
17.1%
12.1%
$326M
$197M
$387M
2023
$2.1B
$262M
46.7%
17.1%
17.3%
11.3%
$281M
$298M
$350M
2022
$2.0B
$252M
44.2%
15.9%
19.3%
13.0%
$196M
$148M
$311M
2021
$1.8B
$166M
42.4%
13.2%
14.1%
8.9%
$154M
$142M
$242M
2020
$1.5B
$114M
41.5%
12.0%
10.7%
6.6%
$185M
$200M
$219M
2019
$1.6B
$132M
42.3%
12.3%
13.4%
7.6%
$165M
$310M
$220M
2018
$1.6B
$128M
42.0%
12.0%
14.4%
7.7%
$134M
$355M
$204M
2017
$1.5B
$73M
41.4%
11.1%
8.8%
4.2%
$127M
$500M
$280M
2016
$1.4B
$84M
40.4%
10.4%
11.4%
4.8%
$102M
$654M
$338M
2015
—
-$113M
—
—
-16.0%
-6.7%
$82M
$577M
$296M
2014
—
$50M
—
—
5.5%
2.6%
—
$580M
$301M
2013
—
$59M
—
—
5.8%
3.4%
—
$308M
$268M
2012
—
$68M
—
—
7.3%
4.0%
—
$385M
$271M
2010
—
$59M
—
—
6.5%
3.6%
—
$379M
$329M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$763M
$118M
49.0%
20.2%
5.4%
4.0%
$92M
$108M
$348M
Mar '26
$677M
$100M
48.1%
19.6%
4.8%
3.4%
$7M
$198M
$375M
Dec '25
$625M
$84M
49.5%
18.2%
4.1%
2.9%
$140M
$198M
$406M
Sep '25
$612M
$82M
48.8%
18.2%
4.2%
3.0%
$111M
$198M
$458M
Jun '25
$644M
$101M
50.6%
21.0%
5.3%
3.8%
$60M
$197M
$369M
Mar '25
$558M
$74M
48.8%
15.7%
4.2%
3.0%
$46M
$197M
$337M
Dec '24
$540M
$68M
46.7%
16.5%
4.0%
2.8%
$128M
$197M
$387M
Sep '24
$544M
$69M
47.3%
17.1%
4.1%
2.9%
$84M
$212M
$304M
Jun '24
$597M
$82M
47.7%
18.7%
5.1%
3.4%
$79M
$259M
$279M
Mar '24
$571M
$73M
46.9%
16.9%
4.7%
3.1%
$36M
$284M
$237M
Dec '23
$548M
$56M
46.7%
14.4%
3.7%
2.4%
$99M
$298M
$350M
Sep '23
$504M
$66M
46.5%
17.3%
4.5%
2.8%
$93M
$98M
$363M
Jun '23
$533M
$76M
47.4%
18.8%
5.4%
3.3%
$61M
$98M
$292M
Mar '23
$472M
$65M
46.2%
18.0%
4.8%
2.8%
$28M
$148M
$312M
Dec '22
$502M
$69M
43.6%
13.4%
5.3%
3.6%
$130M
$148M
$311M
Sep '22
$488M
$59M
44.7%
16.5%
4.9%
3.1%
$34M
$182M
$220M
Jun '22
$527M
$70M
45.4%
18.2%
5.9%
3.6%
$39M
$202M
$230M
Mar '22
$463M
$55M
42.9%
15.4%
4.7%
2.9%
-$8M
$202M
$227M
Dec '21
$474M
$40M
42.1%
13.2%
3.4%
2.2%
$39M
$142M
$242M
Sep '21
$455M
$46M
42.6%
14.2%
4.0%
2.5%
$55M
$152M
$239M
Valuation over time
How the market has priced WTS against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 22.3× (Mar '23) to 34.8× (Nov '26).
The price-to-sales ratio has risen from 2.8× (Mar '23) to 4.9× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is WTS growing its revenue and profit?
Over the past 5 years, Watts Water Technologies Inc's revenue has grown 10.1% per year, and net income grown 24.4% per year. These are computed facts, not advice.
How much debt does WTS have?
As of FY2025, Watts Water Technologies Inc reported $198M of total debt against $406M of cash; operating income covered interest expense 41×.
What is WTS's profit margin?
In FY2025, gross margin was 49.5%, operating margin 18.4%, and net margin 14.0%.
What is WTS's P/E ratio?
Watts Water Technologies Inc's P/E (TTM) is 30.90 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the WTS stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 34.8× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.