Watts Water Technologies (WTS)
Makes water-control, heating, drainage, and water-quality systems for buildings.
$354.29
After hours−0.22 (−0.06%)
At close$354.51(+1.11%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 504 | 548 | 571 | 597 | 544 | 540 | 558 | 644 | 612 | 625 | 677 | 763 |
| Cost of revenue | 270 | 292 | 303 | 313 | 287 | 288 | 286 | 318 | 313 | 316 | 351 | 389 |
| Gross profit | 234 | 256 | 268 | 285 | 257 | 253 | 273 | 326 | 298 | 309 | 326 | 374 |
| 147 | 177 | 171 | 173 | 164 | 164 | 185 | 191 | 185 | 194 | 193 | 220 | |
| Research & development | 0 | 0 | 19 | 0 | 0 | 0 | 17 | 0 | 0 | 0 | 19 | 0 |
| 147 | 173 | 151 | 173 | 159 | 163 | 151 | 187 | 185 | 194 | 193 | 215 | |
| Selling & marketing | 0 | 0 | 22 | 0 | 0 | 0 | 22 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 0 | 0 | 129 | 0 | 0 | 0 | 129 | 0 | 0 | 0 | 0 | 215 |
| Other expenses | 0 | 4 | 1 | 0 | 5 | 1 | 17 | 3 | 0 | 0 | −19 | 6 |
| Operating income | 87 | 79 | 97 | 112 | 93 | 89 | 88 | 135 | 113 | 115 | 133 | 154 |
| 1 | −1 | −2 | −2 | −1 | 0 | −1 | −1 | −2 | −2 | −2 | 0 | |
| Interest income | 2 | 3 | 2 | 2 | 2 | 3 | 2 | 2 | 3 | 3 | 2 | 2 |
| Interest expense | 1 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 2 |
| Other non-operating income | −2 | −2 | −3 | −2 | −3 | −3 | −2 | −2 | 0 | −1 | −1 | 0 |
| Income before tax | 88 | 77 | 95 | 110 | 92 | 89 | 87 | 135 | 111 | 113 | 131 | 154 |
| Income tax expense | 22 | 22 | 23 | 28 | 23 | 21 | 13 | 34 | 29 | 30 | 32 | 35 |
| Net income from continuing operations | 66 | 56 | 73 | 82 | 69 | 68 | 74 | 101 | 82 | 84 | 100 | 118 |
| Net income | 66 | 56 | 73 | 82 | 69 | 68 | 74 | 101 | 82 | 84 | 100 | 118 |
| EPS, basic | $1.97 | $1.67 | $2.17 | $2.45 | $2.06 | $2.02 | $2.21 | $3.01 | $2.45 | $2.51 | $2.97 | $3.53 |
| EPS, diluted | $1.96 | $1.67 | $2.17 | $2.45 | $2.06 | $2.02 | $2.21 | $3.01 | $2.45 | $2.51 | $2.97 | $3.53 |
| Weighted average shares, basic | 33 | 33 | 33 | 34 | 34 | 33 | 34 | 34 | 34 | 33 | 34 | 34 |
| Weighted average shares, diluted | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 33 | 34 | 34 |
| EBITDA | 100 | 94 | 113 | 127 | 110 | 105 | 103 | 152 | 141 | 131 | 149 | 186 |
| Depreciation & amortization | 11 | 13 | 13 | 13 | 14 | 14 | 14 | 15 | 27 | 15 | 15 | 32 |
| EBIT | 89 | 81 | 99 | 114 | 96 | 92 | 90 | 137 | 114 | 116 | 134 | 154 |
