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Discontinued — last reported Q2 '26

Net debt at other companies

Cloudflare, Inc. logo
Cloudflare, Inc.NET
-5×-5.4×
Zscaler logo
ZscalerZS
19.2×+12.3×
Citigroup logo
CitigroupC
0.1×-0.3×
Morgan Stanley logo
Morgan StanleyMS
-0.2×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
0.6×-1.3×
American Express logo
American ExpressAXP
0.3×+0.3×

Other financials

Income statement

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Revenue$763.2M+18.6%
Gross profit$374.1M+14.8%
Operating income$154.0M+13.8%
Net income$118.3M+17.2%
EPS (diluted)$3.53+17.3%

Balance sheet

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Cash & equivalents$347.9M-5.8%
Total debt$108.0M-45.3%
Total equity$2.2B+15.7%
Total assets$3.0B+11.6%

Cash flow

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Operating cash flow$102.9M+47.6%
CapEx$11.3M+10.8%
Free cash flow$91.6M+53.9%

Valuation

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Market cap$11.96B+38.0%
Enterprise value$11.72B+38.0%
P/E31.2×+3.4×
P/S4.5×+0.7×

Profitability

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Gross margin48.9%+0.4pp
Operating margin19.1%+1.4pp
Net margin14.3%+0.7pp
FCF margin13.1%-0.8pp

Returns & leverage

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Return on equity18.8%+1.1pp
Debt / equity-0.1×
Current ratio2.7×+0.1×

Where this comes from

Calculated from Watts Water Technologies, Inc.’s reported figures.

The source filing: Watts Water Technologies, Inc.’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 9:25 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-091726

FAQ

What is Watts Water Technologies, Inc.'s net debt?
Watts Water Technologies, Inc. (WTS) reported net debt of -$239.9M in Q2 2026.
How has Watts Water Technologies, Inc.'s net debt changed year-over-year?
Watts Water Technologies, Inc.'s net debt decreased by 39.5% year-over-year, from -$172M to -$239.9M.
What is the long-term trend for Watts Water Technologies, Inc.'s net debt?
Over 5 years (2020 to 2025), Watts Water Technologies, Inc.'s net debt has grown at a 23.3% compound annual growth rate (CAGR), from $39.9M to -$113.6M.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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