Stocks · Industrials · Industrial - Machinery
Watts Water Technologies, Inc. WTS
$363.07 +1.00% Close, Oct 2, 2026 · NYSE · Market cap $12.12B
High qualityStrong trendLow risk
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +11.0%).
- The stock is in an uptrend: above its 200-day average for 365 trading days, with the 50-day average above the 200-day.
- The shares trade at 31.7× trailing earnings, higher than 81% of the company's own readings over the past five years.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth75Positive
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 26%
- EPS growth (TTM, YoY)Top 34%
- FCF growth (TTM, YoY)Top 49%
- Revenue growth, 3-year CAGRTop 38%
- Revenue growth accelerationTop 35%
Quality89Strong
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 11%
- Gross marginTop 13%
- Operating marginTop 13%
- Cash conversion (OCF / net income)Bottom 18%
- Accruals (lower is better)Bottom 17%
- Net debt / EBITDA (lower is better)Top 15%
- Interest coverTop 6%
Value33Weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 42%
- Free-cash-flow yieldBottom 46%
- EBITDA / enterprise valueBottom 44%
- Sales / enterprise valueBottom 23%
- P/E vs own 5-year history (lower is better)Bottom 27%
Momentum86Strong
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 33%
- 6-month returnTop 23%
- 1-year return vs S&P 500Top 31%
- Distance from 52-week highTop 11%
- Trend checklist (0–4)Top 10%
Revisions48Neutral
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 36%
- Consecutive EPS beatsTop 5%
- Share of analysts rating BuyBottom 22%
- Upside to consensus price targetBottom 14%
Stability98Exceptional
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 7%
- Maximum drawdown, 3 yearsTop 1%
- Beta vs S&P 500 (lower is better)Top 30%
- Net debt / EBITDA (lower is better)Top 15%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 14.2% | 17.1% | ↑ |
| EPS growth (YoY) | 25.2% | 23.2% | ↓ |
| Gross margin | 48.5% | 48.8% | ↑ |
| Operating margin | 17.7% | 19.2% | ↑ |
| FCF margin | 13.9% | 13.1% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 17.1% | 14.2% | ↑ | Top 26% |
| EPS growth (TTM, YoY) | 23.2% | 25.2% | ↓ | Top 34% |
| Gross margin | 48.8% | 48.5% | ↑ | Top 13% |
| Operating margin | 19.2% | 17.7% | ↑ | Top 13% |
| Net margin | 14.3% | 13.6% | ↑ | — |
| Free-cash-flow margin | 13.1% | 13.9% | ↓ | — |
| Return on invested capital | 15.9% | — | Top 11% | |
| Revenue growth, 3-year CAGR | 7.2% | — | Top 38% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.04×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -0.5%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.9%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +2.7 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -0.40×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 50.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.61%
- Net buyback yield (TTM)
- 0.13%
- Shareholder yield
- 0.74%
- Share count change, 1 year
- +0.0%
- Share count change, 3-year CAGR
- -0.1%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 28, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 14
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +11.0%
- Average 2-day reaction, last 8
- +0.8%
- Positive 20 days after report
- 6 of 8
Analysts
- Consensus price target
- $387.75
- Target vs current price
- +6.8%
- Analysts with a rating
- 23
- Share rating Buy or Strong Buy
- 39%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 5, 2026 | +9.9% | +1.6% | +7.4% | -0.7% | — |
| May 6, 2026 | +12.6% | +0.1% | +2.8% | +7.9% | +18.5% |
| Feb 11, 2026 | +11.0% | -0.1% | +4.7% | -2.2% | -6.6% |
| Nov 5, 2025 | +10.6% | +2.7% | +0.3% | +0.1% | +11.2% |
| Aug 6, 2025 | +15.3% | -0.0% | +3.4% | +4.5% | +3.6% |
| May 7, 2025 | +11.8% | -0.1% | +14.9% | +13.0% | +22.3% |
| Feb 10, 2025 | +7.3% | +1.8% | +4.3% | +4.4% | +3.3% |
| Oct 30, 2024 | +2.0% | -0.0% | +1.1% | +8.6% | +6.8% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 5, 2026 | $3.66 | $3.33 | +9.9% | $763.2M |
| May 6, 2026 | $3.04 | $2.70 | +12.6% | $677.3M |
| Feb 11, 2026 | $2.62 | $2.36 | +11.0% | $625.1M |
| Nov 5, 2025 | $2.50 | $2.26 | +10.6% | $611.7M |
| Aug 6, 2025 | $3.09 | $2.68 | +15.3% | $643.7M |
| May 7, 2025 | $2.37 | $2.12 | +11.8% | $558.0M |
| Feb 10, 2025 | $2.05 | $1.91 | +7.3% | $540.4M |
| Oct 30, 2024 | $2.03 | $1.99 | +2.0% | $543.6M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 31.7× | 26.2× | 81th | Top 42% |
| P/E (forward) | 28.2× | — | — | — |
| EV / EBITDA | 19.6× | — | — | Bottom 44% |
| EV / Sales | 4.44× | — | — | Bottom 23% |
| Free-cash-flow yield | 2.88% | — | — | Bottom 46% |
| Earnings yield | 3.16% | — | — | Top 42% |
P/E over the past five years
Range 21.3× – 43.9× since Jun 27, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +30.4%
- Earnings per share growth (TTM)
- +23.2%
- Change in P/E multiple
- +17.4%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 1
- Days above the 200-day average
- 365
- 50-day average slope (20 days)
- -0.1%
- 200-day average slope (20 days)
- +2.6%
- Distance from 50-day average
- +0.3%
- Distance from 200-day average
- +12.1%
- RSI (14)
- 55.8
- Relative volume
- 1.22×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 22.8%
- Volatility vs own 5-year history
- 18th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.83
- Correlation with S&P 500
- 0.54
- Current drawdown from 1-year high
- -7.4%
- Maximum drawdown, 3 years
- -19.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 10, 2021 | Jun 16, 2022 | -44.4% | 150 days | 383 days (Dec 26, 2023) |
| Feb 11, 2025 | Apr 8, 2025 | -19.7% | 39 days | 21 days (May 8, 2025) |
| Feb 12, 2024 | Jul 9, 2024 | -19.5% | 101 days | 98 days (Nov 25, 2024) |
| Feb 12, 2026 | Mar 30, 2026 | -15.6% | 31 days | 54 days (Jun 16, 2026) |
| Jun 30, 2026 | Jul 29, 2026 | -14.1% | 20 days | 7 days (Aug 7, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $12.12B
- P/E (TTM)
- 31.7
- EPS, diluted (TTM)
- $11.46
- Revenue (TTM)
- $2.68B
- Dividend yield
- 0.63%
- 52-week range
- $260.00 – $394.54
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.81B | $1.98B | $2.06B | $2.25B | $2.44B |
| Gross profit | $767.1M | $874.3M | $960.9M | $1.06B | $1.21B |
| Operating income | $239.6M | $315.0M | $350.9M | $390.4M | $471.8M |
| Net income | $165.7M | $251.5M | $262.1M | $291.2M | $340.8M |
| EPS (diluted) | $4.89 | $7.49 | $7.82 | $8.69 | $10.17 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $543.6M | $540.4M | $558.0M | $643.7M | $611.7M | $625.1M | $677.3M | $763.2M |
| Net income | $69.1M | $67.6M | $74.0M | $100.9M | $82.2M | $83.7M | $99.6M | $118.3M |
| EPS (diluted) | $2.06 | $2.02 | $2.21 | $3.01 | $2.45 | $2.51 | $2.97 | $3.53 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $180.8M | $224.0M | $310.8M | $361.1M | $402.0M |
| Capital expenditure | -$26.7M | -$28.1M | -$29.7M | -$35.3M | -$45.7M |
| Free cash flow | $154.1M | $195.9M | $281.1M | $325.8M | $356.3M |
| Dividends paid | -$34.3M | -$39.5M | -$46.5M | -$55.5M | -$66.9M |
| Net share buybacks | -$16.0M | -$69.4M | -$16.0M | -$17.0M | -$16.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $347.9M
- Total assets
- $2.95B
- Total liabilities
- $762.1M
- Total debt
- $108.0M
- Net debt
- -$239.9M
- Shareholders’ equity
- $2.19B
As of Jun 28, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 1, 2026 | $0.63 | Sep 15, 2026 |
| Jun 1, 2026 | $0.63 | Jun 15, 2026 |
| Feb 27, 2026 | $0.52 | Mar 13, 2026 |
| Dec 1, 2025 | $0.52 | Dec 15, 2025 |
| Aug 29, 2025 | $0.52 | Sep 15, 2025 |
| May 30, 2025 | $0.52 | Jun 13, 2025 |
| Feb 28, 2025 | $0.43 | Mar 14, 2025 |
| Nov 29, 2024 | $0.43 | Dec 13, 2024 |
Short interest
- Shares sold short
- 745,214
- Days to cover
- 4.03
- Change vs previous report
- -5.8%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Oct 19, 1999
- 1,801-for-2,500
- Mar 16, 1994
- 2-for-1