Filing Flows › Watts Water Technologies (WTS) › Q4 2025
Watts Water Technologies (WTS) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 23, 2026
Watts Water Technologies (WTS) reported revenue of $625M for the fourth quarter 2025 (Q4 2025), +16% from a year earlier and +2% from the quarter before. Operating margin was 18.2%, net earnings $83.7M (13.4% of revenue).
Watts Water Technologies, Q4 2025: revenue $625M (+16% year over year), operating margin 18.2%, net earnings $83.7M, operating cash flow $155M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $625M | +2% | +16% |
| Gross profit | $309M | +4% | +22% |
| Operating profit | $114M | +2% | +28% |
| Net earnings | $83.7M | +2% | +24% |
| Operating cash flow | $155M | +26% | +11% |
| Free cash flow | $140M | +27% | +10% |
What changed
Revenue was $625.1M in Q4 2025, up 16% year over year and up 2% from the previous quarter. Residential & Commercial Flow Control was the largest line at 61% of revenue.
Gross margin was 49.5%, up 2.7 points from a year earlier. Operating profit was $113.7M, a 18.2% margin (up 1.7 points year over year). Of the extra revenue versus a year earlier, 29% reached operating profit, above the 16% margin then. Operating expenses grew 20% against revenue growth of 16%. Net earnings were $83.7M, up 24% year over year. The effective tax rate was 26.1%.
Operating cash flow was $154.7M (up 11% year over year), 185% of net earnings. Non-cash charges added back $14.8M of depreciation and amortization and $6.1M of share-based compensation. Working capital and other items added $50.1M. Capital expenditures of $14.4M left free cash flow of $140.3M.
Questions
What was Watts Water Technologies' revenue in the fourth quarter 2025?
Watts Water Technologies (WTS) reported revenue of $625M for the fourth quarter 2025 (Q4 2025), +16% from a year earlier and +2% from the quarter before.
Was Watts Water Technologies profitable in the fourth quarter 2025?
Operating profit was $114M (18.2% of revenue) and net earnings $83.7M.