Pulling SEC filings + quote and writing the call…

WATTS WATER TECHNOLOGIES INC
Next earnings Aug 4, 2026 · consensus $3.35 EPS, $732M rev
Last earnings +0.1% on 2026-05-06
High-quality water-tech compounder with 49.5% gross margin and low debt, but a full 33.8x P/E caps upside.
Sources: SEC EDGAR (CIK 0000795403, latest 10-Q filed 2026-05-07) · EODHD · analysis by claude-code · as of 6/21/2026, 8:47:14 PM.
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Middling fundamentals and a rich price (~22% above fair value) leave little margin of safety — a wait-and-see.
Watts Water Technologies is a steadily compounding industrial. FY2025 revenue grew 8.3% to $2.44B (5.3% organic per the 10-K, with acquired sales adding 2.3% and FX 0.6%), continuing a consistent climb from $1.81B in FY2021 through $1.98B, $2.06B, $2.25B and now $2.44B. Profitability is excellent for a fabricated-products maker: a 49.5% gross margin, 18.4% operating margin, operating income of $448M (+14.8%), and net income of $341M (+17.0%) with diluted EPS of $10.17 (+17.0%). Management credits favorable price, volume growth, productivity and acquisitions, partially offset by inflation, tariffs and softer European volumes.
The risks, catalysts, 12-month price target and the cited SEC figures behind this rating — with Pro.
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| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $1.81B | $1.98B | $2.06B | $2.25B | $2.44B |
| Gross profit | $767M | $874M | $961M | $1.06B | $1.21B |
| Operating income | $240M | $315M | $351M | $390M | $448M |
| Net income | $166M | $252M | $262M | $291M | $341M |
| Diluted EPS | $4.88 | $7.48 | $7.82 | $8.69 | $10.17 |
| Net margin | 9.2% | 12.7% | 12.7% | 12.9% | 14.0% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
1049 tracked peers · median
Disclosed under the STOCK Act
Self-reported periodic transaction reports (STOCK Act). Amounts are disclosed ranges; a trade may be a spouse's. Disclosures lag the trade by up to ~45 days. Source: House Clerk + Senate eFD.
Source: EODHD. Yield = trailing-12-month dividends ÷ price.
Last 90 days: 0 open-market buys · 2 sales
| 2026-05-28 | Dubose Michael J. Director | Sell | 398.00 @ $309.63 | $123K |
| 2026-05-13 | Melhem Elie President- APAC, M. East, Afr. | Sell | 2.26K @ $301.00 | $679K |
| 2026-03-19 | Melhem Elie President- APAC, M. East, Afr. | Sell | 372.00 @ $292.13 | $109K |
| 2026-03-18 | Melhem Elie President- APAC, M. East, Afr. | Sell | 379.00 @ $300.03 | $114K |
| 2026-03-17 | Melhem Elie President- APAC, M. East, Afr. | Sell | 3.03K @ $303.05 | $918K |
| 2026-03-16 | Pagano Robert J Jr President and CEO | Tax | 2.06K @ $297.80 | $614K |
| 2026-03-16 | Pagano Robert J Jr President and CEO | Tax | 2.15K @ $297.80 | $641K |
| 2026-03-16 | Pagano Robert J Jr President and CEO | Tax | 3.58K @ $297.80 | $1.06M |
| 2026-03-16 | McClintock Diane M Chief Financial Officer | Tax | 53.00 @ $297.80 | $15.8K |
| 2026-03-16 | McClintock Diane M Chief Financial Officer | Tax | 69.00 @ $297.80 | $20.5K |
| 2026-03-16 | McClintock Diane M Chief Financial Officer | Tax | 363.00 @ $297.80 | $108K |
| 2026-03-16 | Melhem Elie President- APAC, M. East, Afr. | Tax | 219.00 @ $297.80 | $65.2K |
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.