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Watts Water Technologies, Inc. WTS Europe — Selling General And Administrative Expense

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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$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

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

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

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 itemAmericasEuropeAPMEATotal
Total consolidated net sales$763.2
Less (a)
Segment cost of goods sold287.281.361.2
Segment selling, general and administrative132.729.913.6
Segment research and development17.03.20.7
Segment earnings150.116.610.6177.3
Reconciliation of segment earnings to income before income taxes
Segment special items (b)(6.0)

ITEM 1. Financial Statements

FAQ

What is Watts Water Technologies, Inc.'s europe — selling general and administrative expense?
Watts Water Technologies, Inc. (WTS) reported europe — selling general and administrative expense of $29.9M in Q2 2026.
How has Watts Water Technologies, Inc.'s europe — selling general and administrative expense changed year-over-year?
Watts Water Technologies, Inc.'s europe — selling general and administrative expense increased by 11.2% year-over-year, from $26.9M to $29.9M.
What is the long-term trend for Watts Water Technologies, Inc.'s europe — selling general and administrative expense?
Over 3 years (2022 to 2025), Watts Water Technologies, Inc.'s europe — selling general and administrative expense has grown at a 3.8% compound annual growth rate (CAGR), from $93.3M to $104.4M.
What does europe — selling general and administrative expense mean?
Operating expenses incurred by the European segment that are not directly tied to production, including sales commissions, marketing, administrative salaries, and office overhead. It represents the fixed and variable costs required to support the segment's commercial operations.

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