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Watts Water Technologies, Inc. WTS Europe — Goodwill Foreign Currency Translation Gain Loss

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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$12.15B+38.0%
Enterprise value$11.91B+38.0%
P/E31.7×+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

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

Tagged under the XBRL concept us-gaap:GoodwillForeignCurrencyTranslationGainLoss.

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

Filed
Aug 6, 2026, 9:25 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-091726
Line itemGross BalanceAccumulated Impairment LossesForeign Currency Translation / January 1,Net Goodwill
BalanceBalance2026 -
June 28,June 28,June 28,June 28,
2026202620262026
(in millions)
Americas$$$733.2$$$(24.5)$(0.3)$708.4
Europe246.7(129.7)(3.8)113.2
APMEA49.5(12.9)0.236.8
Total$$$1,029.4$$$(167.1)$(3.9)$858.4

ITEM 1. Financial Statements

FAQ

What is Watts Water Technologies, Inc.'s europe — goodwill foreign currency translation gain loss?
Watts Water Technologies, Inc. (WTS) reported europe — goodwill foreign currency translation gain loss of -$1.9M in Q2 2026.
What does europe — goodwill foreign currency translation gain loss mean?
The impact of fluctuations in foreign exchange rates on the carrying value of goodwill denominated in currencies other than the reporting currency for the European segment. It captures the non-cash accounting adjustment required to align asset values with current market exchange rates.

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