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Watts Water Technologies (WTS) guidance and outlook
Watts Water Technologies (WTS) raised its guidance on Nov 4, 2026: Revenue +17% to +18% for FY2026; Operating margin 21.6%–21.7% for FY2026; Operating margin +320 bps to +330 bps for FY2026; Operating margin 20.3%–20.4% for FY2026. Watts Water Technologies' 10-Q filed Nov 5, 2026 makes 9 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Revenue | FY2026 | +17% to +18% | raised |
| Operating margin | FY2026 | 21.6%–21.7% | raised |
| Operating margin | FY2026 | +320 bps to +330 bps | raised |
| Operating margin | FY2026 | 20.3%–20.4% | raised |
| Operating margin | FY2026 | +70 bps to +80 bps | raised |
From the earnings release filed Nov 4, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 5, 2026
- We target businesses that we believe will provide us with one or more of the following: an entry into new markets and/or new geographies, improved channel access, unique and/or proprietary technologies, including smart and connected technologies, advanced production capabilities or complementary solution offerings.
- We expect that our significant degree of vertical integration, with manufacturing close to our customers, will be an advantage for us in the current environment.
- However, there can be no assurance that we will be able to fully mitigate the impact of new or increased tariffs and actions taken by the United States or other countries could have a material adverse effect on our business, financial condition or results of operations.
- We will continue to monitor recent developments on tariff policy and evaluate any changes to the applicability of tariffs to our business as they occur.
- Gross domestic product (“GDP”) is expected to remain positive and is generally a leading indicator for our repair and replacement business.
- For the remainder of 2026, we expect to invest approximately $16 million to $21 million in capital expenditures as part of our ongoing commitment to improve our operating capabilities.
- However, if we did have to borrow to fund some or all of our expected cash outlays, we can do so at reasonable interest rates by utilizing the undrawn borrowings under our Revolving Credit Facility.
- Subsequent to recording the Toll Tax as part of the Tax Cuts and Jobs Act of 2017, our intent, other than with respect to the one-time repatriation of foreign earnings in 2023, has been to permanently reinvest undistributed earnings of foreign subsidiaries, and we do not have any current plans to repatriate additional post-Toll Tax foreign earnings to fund operations in the United States.
- These non-GAAP measures are not intended to be considered by the user in place of the related GAAP financial measure, but rather as supplemental information to more fully understand our business results.
Watts Water Technologies' latest quarter
Watts Water Technologies, Q3 2026: revenue $728M (+19% year over year), operating margin 26.2%, net earnings $145M, operating cash flow $158M. The chart follows the revenue to costs, profit and cash.
Questions
Did Watts Water Technologies raise or lower its guidance?
Watts Water Technologies (WTS) raised its guidance on Nov 4, 2026: Revenue +17% to +18% for FY2026; Operating margin 21.6%–21.7% for FY2026; Operating margin +320 bps to +330 bps for FY2026; Operating margin 20.3%–20.4% for FY2026.
What does Watts Water Technologies expect?
We target businesses that we believe will provide us with one or more of the following: an entry into new markets and/or new geographies, improved channel access, unique and/or proprietary technologies, including smart and connected technologies, advanced production capabilities or complementary solution offerings. We expect that our significant degree of vertical integration, with manufacturing close to our customers, will be an advantage for us in the current environment. However, there can be no assurance that we will be able to fully mitigate the impact of new or increased tariffs and acti
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.