The Tip Desk

WATTS WATER TECHNOLOGIES INC

Company Stats

Market Cap
$11.8B
as of Sep 30, 2026
Shares Outstanding
33.4M
Free Float
96.2%

Income Statement

Revenue
$2.4B
Operating Income
$448.1M
Net Income
$340.8M
EBITDA
$504.9M
Revenue Growth, 3Y
7.2%
FCF Margin, 3Y Avg
14.2%
FCF Margin, Worst Year
13.7%

Cash Flow

Free Cash Flow
$356.3M
FCF Yield
3.0%
Owner FCF Yield
2.8%

Balance Sheet

Cash & Equivalents
$405.5M

Returns & Capital

Dividends Paid
$66.9M
Dividend Yield
0.6%
Dividend Payout, 3Y Avg
18.8%
Share Repurchases
$16.0M
Buyback Yield, 3Y Avg
0.1%
SBC, 3Y Avg
$20.3M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$2.4B$356.3M14.6%
FY2024$2.3B$325.8M14.5%
FY2023$2.1B$281.1M13.7%
FY2022$2.0B$195.9M9.9%
FY2021$1.8B$154.1M8.5%

Annual filing data through FY ended December 31, 2025; shares and float as of November 8, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage