Watts Water Technologies, Inc.

WTS · NYSE
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$2,252$2,056$1,980$1,809
% Growth9.5%3.9%9.4%
Cost of Goods Sold$1,190$1,095$1,105$1,042
Gross Profit$1,062$961$874$767
% Margin47.2%46.7%44.2%42.4%
R&D Expenses$70$0$59$46
G&A Expenses$509$0$416$393
SG&A Expenses$594$605$489$463
Sales & Mktg Exp.$86$0$73$69
Other Operating Expenses$7$6$11$19
Operating Expenses$672$610$559$528
Operating Income$390$351$315$240
% Margin17.3%17.1%15.9%13.2%
Other Income/Exp. Net-$4-$1-$7-$6
Pre-Tax Income$386$350$308$234
Tax Expense$95$87$56$68
Net Income$291$262$252$166
% Margin12.9%12.7%12.7%9.2%
EPS8.697.857.514.9
% Growth10.7%4.5%53.3%
EPS Diluted8.697.827.494.89
Weighted Avg Shares Out34333434
Weighted Avg Shares Out Dil34343434
Supplemental Information
Interest Income$9$7$1$0
Interest Expense$15$8$7$6
Depreciation & Amortization$54$43$40$45
EBITDA$455$401$354$286
% Margin20.2%19.5%17.9%15.8%