$361.38

-6.37 (-1.73%)

After Hours: $369.75 (+8.37, +2.32%)

Weekly Expected Move ±2.8%

$339 $349 $359 $369 $379

NYSE · Industrials · Industrial - Machinery · Tech Score Buy · Power 69 · $12.3B mcap · 33M float · 0.842% daily turnover · Short 56% of daily vol

Credit Risk of going bust: lower than 96% of companies Debt: 0.9% of company value Bonds: none of note held by US funds details ▾

Of US companies ranked in the safest four tenths, about 1 in 3,500 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $0.21 (down 99.9%), Watts Water Technologies, Inc. would be worth roughly what it owes.
Total debt $108.0M against a stock market value of $12.28B.
Distance to default 20.21 (Merton model): prices to 2026-10-26, balance sheet 2026-06-28, debt counted $54.0M (short-term plus half of long-term), stock volatility 27.0%; Altman Z 12.25. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$2.4B +8.3% ▲

5Y CAGR: +10.1%

Gross Profit

$1.2B +13.6% ▲

5Y CAGR: +14.0%

Operating Income

$472M +20.9% ▲

5Y CAGR: +21.1%

Net Income

$341M +17.0% ▲

5Y CAGR: +24.4%

EPS (Diluted)

$10.17 +17.0% ▲

5Y CAGR: +24.8%

EBITDA

$513M +12.8% ▲

5Y CAGR: +17.8%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$1.8B	$2.0B	$2.1B	$2.3B	$2.4B
YoY Growth	+19.9%	+9.4%	+3.9%	+9.5%	+8.3%
Cost of Revenue	$1.0B	$1.1B	$1.1B	$1.2B	$1.2B
Gross Profit	$767M	$874M	$961M	$1.1B	$1.2B
Gross Margin	42.4%	44.2%	46.7%	47.2%	49.5%
R&D Expenses	$46M	$59M	$0	$70M	$0
SG&A Expenses	$463M	$489M	$604M	$594M	$734M
Operating Expenses	$528M	$559M	$610M	$672M	$734M
Operating Income	$240M	$315M	$351M	$390M	$472M
Operating Margin	13.2%	15.9%	17.1%	17.3%	19.3%
Interest Expense	$6M	$7M	$8M	$15M	$11M
Income Before Tax	$234M	$308M	$350M	$386M	$446M
Tax Expense	$68M	$56M	$87M	$95M	$105M
Net Income	$166M	$252M	$262M	$291M	$341M
Net Margin	9.2%	12.7%	12.7%	12.9%	14.0%
EPS (Diluted)	$4.89	$7.49	$7.82	$8.69	$10.17
EBITDA	$286M	$354M	$401M	$455M	$513M
Shares Outstanding	34M	34M	34M	34M	34M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$544M	$540M	$558M	$644M	$612M	$625M	$677M	$763M
Cost of Revenue	$286M	$288M	$286M	$318M	$313M	$316M	$351M	$389M
Gross Profit	$257M	$253M	$272M	$326M	$298M	$309M	$326M	$374M
Gross Margin	47.3%	46.7%	48.8%	50.6%	48.8%	49.5%	48.1%	49.0%
R&D Expenses	$0	$0	$17M	$0	$0	$0	$19M	$0
SG&A Expenses	$159M	$163M	$151M	$187M	$185M	$194M	$193M	$214M
Operating Expenses	$164M	$164M	$185M	$191M	$185M	$194M	$193M	$220M
Operating Income	$93M	$89M	$88M	$135M	$113M	$115M	$133M	$154M
Operating Margin	17.1%	16.5%	15.7%	21.0%	18.5%	18.4%	19.6%	20.2%
Interest Expense	$4M	$3M	$3M	$3M	$3M	$3M	$3M	$2M
Income Before Tax	$92M	$89M	$87M	$135M	$111M	$113M	$131M	$154M
Tax Expense	$23M	$21M	$13M	$34M	$29M	$30M	$32M	$35M
Net Income	$69M	$68M	$74M	$101M	$82M	$84M	$100M	$118M
Net Margin	12.7%	12.5%	13.3%	15.7%	13.4%	13.4%	14.7%	15.5%
EPS (Diluted)	$2.06	$2.02	$2.21	$3.01	$2.45	$2.51	$2.97	$3.53
EBITDA	$110M	$105M	$103M	$152M	$141M	$131M	$149M	$170M
Shares Outstanding	34M	34M	34M	34M	34M	33M	34M	34M

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