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Watts Regulator Co. started as a small machine shop supplying parts to the New England textile mills of the 19th century. Since then, Watts has grown into a global manufacturer and become one of the world s leading providers of water technologies and solutions that are designed to promote safety, energy efficiency, and water conservation for commercial and residential buildings.
18.38% operating margin is respectable but not wide. ROIC at 16.04%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 8.3%, steady but not accelerating.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (TTM)
$2.56B
▲ +8.3% YoY
Net Income (TTM)
$366M
▲ +17.0% YoY
Op. Margin
19.29%
▲ +1.0pp YoY
ROIC
16.69%
▲ +0.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$317M
▲ +9.4% YoY
Op. Cash Flow (TTM)
$365M
▲ +11.3% YoY
Net Debt
-$177M
Net Cash Position
Cash & Equiv.
$375M
5Y CAGR: +10.1%
5Y CAGR: +14.0%
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