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Discontinued — last reported Q2 '23

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Other financials

Income statement

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Revenue$677.3M+21.4%
Gross profit$326.1M+19.7%
Operating income$133.0M+51.7%
Net income$99.6M+34.6%
EPS (diluted)$2.97+34.4%

Balance sheet

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Cash & equivalents$374.7M+11.3%
Total debt$197.8M+0.3%
Total equity$2.1B+18.3%
Total assets$2.9B+17.6%

Cash flow

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Operating cash flow$17.9M-67.6%
CapEx$11.3M+17.7%
Free cash flow$6.6M-85.5%

Valuation

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Market cap$11.48B+42.5%
Enterprise value$11.31B+42.8%
P/E31.3×+3.8×
P/S4.5×+0.9×

Profitability

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Gross margin49.2%+1.6pp
Operating margin19.3%+2.3pp
Net margin14.3%+1.3pp
FCF margin12.4%-2.6pp

Returns & leverage

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Return on equity18.9%+1.3pp
Debt / equity0.1×0.0×
Current ratio2.7×+0.3×

Where this comes from

Reported directly by Watts Water Technologies, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Watts Water Technologies, Inc.’s 10-Q, filed August 3, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Watts Water Technologies, Inc.'s americas — capex?
Watts Water Technologies, Inc. (WTS) reported americas — capex of $4.9M in Q2 2023.
How has Watts Water Technologies, Inc.'s americas — capex changed year-over-year?
Watts Water Technologies, Inc.'s americas — capex increased by 14.0% year-over-year, from $4.3M to $4.9M.
What does americas — capex mean?
Cash spent on capital expenditures like machinery, buildings, and equipment.
How do you interpret americas — capex?
Higher investment is generally positive if it drives future growth, but must be balanced against cash flow generation.
How does americas — capex compare across companies?
Commonly referred to as 'Capital Expenditures' or 'CapEx' in segment-level financial disclosures.