WTS Dividend: Watts Water Technologies Inc Yield Insights

Income

Balance sheet

Cash flow

Annual

Quarterly

WTS Income

Financials in millions USD. Fiscal year is February - January.

Breakdown	TTM	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Revenue	2,353	2,252	2,056	1,979	1,809	1,508
Revenue Growth (YoY)	4%	10%	4%	9%	20%	-6%
Cost of Revenue	1,204	1,190	1,095	1,105	1,042	883
Gross Profit	1,149	1,062	960	874	767	625
Selling, General & Admin	633	594	537	491	462	390
Research & Development	69	70	67	59	45	42
Operating Expenses	702	664	604	549	508	432
Other Non Operating Income (Expenses)	0	1	0	-1	0	-1
Pretax Income	421	386	349	307	234	167
Income Tax Expense	96	94	87	56	68	52
Net Income	324	291	262	251	165	114
Net Income Growth	16%	11%	4%	52%	45%	-13%
Shares Outstanding (Diluted)	33.5	33.5	33.5	33.6	33.9	34
Shares Change (YoY)	0%	0%	0%	-1%	0%	-1%
EPS (Diluted)	9.69	8.69	7.82	7.48	4.88	3.36
EPS Growth	16%	11%	5%	53%	45%	-13%
Free Cash Flow	343	325	281	195	154	185
Free Cash Flow Per Share	10.23	9.7	8.38	5.8	4.54	5.44
Gross Margin	48.83%	47.15%	46.69%	44.16%	42.39%	41.44%
Operating Margin	18.95%	17.62%	17.31%	16.37%	14.26%	12.79%
Profit Margin	13.76%	12.92%	12.74%	12.68%	9.12%	7.55%
Free Cash Flow Margin	14.57%	14.43%	13.66%	9.85%	8.51%	12.26%
EBITDA	501	451	399	363	303	239
EBITDA Margin	21.29%	20.02%	19.4%	18.34%	16.74%	15.84%
D&A For EBITDA	55	54	43	39	45	46
EBIT	446	397	356	324	258	193
EBIT Margin	18.95%	17.62%	17.31%	16.37%	14.26%	12.79%
Effective Tax Rate	22.8%	24.35%	24.92%	18.24%	29.05%	31.13%