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WATTS WATER TECHNOLOGIES INC (WTS) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $191.78 Metrics
OS: 33.3 M
Market cap: $6.39 B
Net cash: $194 M $5.82 per share
EV: $6.2 B

 
TTM Valuation
EBITDA
EBIT
EPS

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
Revenues1,979.51,809.21,508.61,600.51,564.91,456.71,398.41,467.7
            Revenue growth9.4%19.9%-5.7%2.3%7.4%4.2%-4.7%-3.0%
Cost of goods sold1,105.21,042.1883.2923.0908.4854.3832.8914.6
Gross profit874.3767.1625.4677.5656.5602.4565.6553.1
            Gross margin44.2%42.4%41.5%42.3%42.0%41.4%40.4%37.7%
Selling, general and administrative550.5508.2432.4476.1464.7432.3424.1491.3
EBITA335.9272.6206.8217.0211.4192.6162.382.7
            EBITA margin17.0%15.1%13.7%13.6%13.5%13.2%11.6%5.6%
Amortization of intangibles12.113.715.215.619.622.520.820.9
EBIT323.8258.9191.6201.4191.8170.1141.561.8
            EBIT margin16.4%14.3%12.7%12.6%12.3%11.7%10.1%4.2%
Pre-tax income307.6234.1167.0183.9174.6143.1127.8-111.0
Income taxes56.168.452.752.446.670.043.61.9
            Tax rate18.2%29.2%31.6%28.5%26.7%48.9%34.1% 
Earnings from continuing ops251.5165.7114.3131.5128.073.175.6-112.9
Earnings from discontinued ops      8.6 
Net income251.5165.7114.3131.5128.073.184.2-112.9
            Net margin12.7%9.2%7.6%8.2%8.2%5.0%6.0%-7.7%
 
Diluted EPS$7.49$1.63$3.37$1.28$3.73$2.13$0.73($3.23)
Shares outstanding (diluted)33.6101.633.9102.534.334.4103.434.9
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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