Watts Water Technologies (WTS) annual balance sheet covering fiscal 2020 through 2025, as reported to the SEC.
Total assets have grown 10.6% a year on average since fiscal 2020, from $1.74B to $2.88B, rising in every year shown.
A balance sheet shows what a company owns and what it owes on a single date. The difference between the two belongs to shareholders.
| Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||||||||||||||
CURRENT ASSETS: | |||||||||||||||||||||
Cash and cash equivalents | |||||||||||||||||||||
405,500 | 386,900 | 350,100 | 310,800 | 242,000 | 218,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash and cash equivalents | 405,500 | 386,900 | 350,100 | 310,800 | 242,000 | 218,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Short-term investment securities | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Short-term investment securities | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Trade accounts receivable, less reserve allowances of $16.9 million at June 28, 2026 and $12.5 million at December 31, 2025 | |||||||||||||||||||||
294,000 | 253,200 | 259,800 | 233,800 | 220,900 | 197,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Trade accounts receivable, less reserve allowances of $16.9 million at June 28, 2026 and $12.5 million at December 31, 2025 | 294,000 | 253,200 | 259,800 | 233,800 | 220,900 | 197,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Inventories, net: | |||||||||||||||||||||
Raw materials | |||||||||||||||||||||
190,800 | 141,900 | 150,600 | 138,000 | 119,400 | 79,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Raw materials | 190,800 | 141,900 | 150,600 | 138,000 | 119,400 | 79,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Work in process | |||||||||||||||||||||
28,500 | 16,900 | 20,200 | 21,000 | 20,400 | 16,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Work in process | 28,500 | 16,900 | 20,200 | 21,000 | 20,400 | 16,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Finished goods | |||||||||||||||||||||
305,000 | 233,300 | 228,500 | 216,600 | 230,900 | 167,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Finished goods | 305,000 | 233,300 | 228,500 | 216,600 | 230,900 | 167,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total Inventories | |||||||||||||||||||||
524,300 | 392,100 | 399,300 | 375,600 | 370,700 | 263,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total Inventories | 524,300 | 392,100 | 399,300 | 375,600 | 370,700 | 263,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Prepaid expenses and other current assets | |||||||||||||||||||||
62,300 | 51,300 | 51,800 | 30,400 | 27,900 | 29,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Prepaid expenses and other current assets | 62,300 | 51,300 | 51,800 | 30,400 | 27,900 | 29,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Assets held for sale | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Assets held for sale | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Asset held for sale | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Asset held for sale | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total Current Assets | |||||||||||||||||||||
1,286,100 | 1,083,500 | 1,061,000 | 950,600 | 861,500 | 709,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total Current Assets | 1,286,100 | 1,083,500 | 1,061,000 | 950,600 | 861,500 | 709,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
PROPERTY, PLANT AND EQUIPMENT | |||||||||||||||||||||
Property, plant and equipment, at cost | |||||||||||||||||||||
777,100 | 691,600 | 677,200 | 595,600 | 608,800 | 608,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Property, plant and equipment, at cost | 777,100 | 691,600 | 677,200 | 595,600 | 608,800 | 608,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accumulated depreciation | |||||||||||||||||||||
480,000 | 436,800 | 429,000 | 398,800 | 408,100 | 396,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accumulated depreciation | 480,000 | 436,800 | 429,000 | 398,800 | 408,100 | 396,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Property, plant and equipment, net | |||||||||||||||||||||
297,100 | 254,800 | 248,200 | 196,800 | 200,700 | 212,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Property, plant and equipment, net | 297,100 | 254,800 | 248,200 | 196,800 | 200,700 | 212,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
OTHER ASSETS: | |||||||||||||||||||||
Goodwill | |||||||||||||||||||||
859,000 | 715,000 | 693,000 | 592,400 | 600,700 | 602,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Goodwill | 859,000 | 715,000 | 693,000 | 592,400 | 600,700 | 602,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Intangible assets, net | |||||||||||||||||||||
294,600 | 235,000 | 216,100 | 113,700 | 128,600 | 141,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Intangible assets, net | 294,600 | 235,000 | 216,100 | 113,700 | 128,600 | 141,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred income taxes | |||||||||||||||||||||
17,900 | 36,400 | 23,600 | 17,800 | 3,500 | 4,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred income taxes | 17,900 | 36,400 | 23,600 | 17,800 | 3,500 | 4,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred income taxes | |||||||||||||||||||||
17,900 | 36,400 | 23,600 | 17,800 | 3,500 | 4,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred income taxes | 17,900 | 36,400 | 23,600 | 17,800 | 3,500 | 4,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other, net | |||||||||||||||||||||
126,500 | 72,300 | 67,500 | 59,600 | 60,600 | 67,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other, net | 126,500 | 72,300 | 67,500 | 59,600 | 60,600 | 67,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
TOTAL ASSETS | |||||||||||||||||||||
2,881,200 | 2,397,000 | 2,309,400 | 1,930,900 | 1,855,600 | 1,738,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
TOTAL ASSETS | 2,881,200 | 2,397,000 | 2,309,400 | 1,930,900 | 1,855,600 | 1,738,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
LIABILITIES AND STOCKHOLDERS' EQUITY | |||||||||||||||||||||
CURRENT LIABILITIES: | |||||||||||||||||||||
Accounts payable | |||||||||||||||||||||
182,200 | 148,000 | 131,800 | 134,300 | 143,400 | 110,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accounts payable | 182,200 | 148,000 | 131,800 | 134,300 | 143,400 | 110,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accrued expenses and other liabilities | |||||||||||||||||||||
234,700 | 190,800 | 190,300 | 174,600 | 186,900 | 137,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accrued expenses and other liabilities | 234,700 | 190,800 | 190,300 | 174,600 | 186,900 | 137,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accrued pension plan settlements | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accrued pension plan settlements | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accrued compensation and benefits | |||||||||||||||||||||
95,500 | 79,100 | 83,700 | 69,800 | 78,200 | 65,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accrued compensation and benefits | 95,500 | 79,100 | 83,700 | 69,800 | 78,200 | 65,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Current portion of long-term debt | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Current portion of long-term debt | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Liabilities of discontinued operations | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Liabilities of discontinued operations | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total Current Liabilities | |||||||||||||||||||||
512,400 | 417,900 | 405,800 | 378,700 | 408,500 | 312,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total Current Liabilities | 512,400 | 417,900 | 405,800 | 378,700 | 408,500 | 312,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
LONG-TERM DEBT | |||||||||||||||||||||
197,700 | 197,000 | 298,300 | 147,600 | 141,900 | 198,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
LONG-TERM DEBT | 197,700 | 197,000 | 298,300 | 147,600 | 141,900 | 198,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
DEFERRED INCOME TAXES | |||||||||||||||||||||
36,500 | 10,900 | 13,500 | 26,200 | 40,500 | 51,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
DEFERRED INCOME TAXES | 36,500 | 10,900 | 13,500 | 26,200 | 40,500 | 51,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
OTHER NONCURRENT LIABILITIES | |||||||||||||||||||||
106,900 | 63,300 | 78,500 | 77,800 | 91,500 | 106,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
OTHER NONCURRENT LIABILITIES | 106,900 | 63,300 | 78,500 | 77,800 | 91,500 | 106,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
STOCKHOLDERS' EQUITY: | |||||||||||||||||||||
Preferred Stock, $0.10 par value; 5,000,000 shares authorized; no shares issued or outstanding | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Preferred Stock, $0.10 par value; 5,000,000 shares authorized; no shares issued or outstanding | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Additional paid-in capital | |||||||||||||||||||||
720,600 | 696,200 | 674,300 | 651,900 | 631,200 | 606,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Additional paid-in capital | 720,600 | 696,200 | 674,300 | 651,900 | 631,200 | 606,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Retained earnings | |||||||||||||||||||||
1,431,300 | 1,184,800 | 979,100 | 795,300 | 665,900 | 560,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Retained earnings | 1,431,300 | 1,184,800 | 979,100 | 795,300 | 665,900 | 560,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accumulated other comprehensive loss | |||||||||||||||||||||
-127,500 | -176,400 | -143,400 | -149,900 | -127,300 | -100,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accumulated other comprehensive loss | -127,500 | -176,400 | -143,400 | -149,900 | -127,300 | -100,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total Stockholders' Equity | |||||||||||||||||||||
2,027,700 | 1,707,900 | 1,513,300 | 1,300,600 | 1,173,200 | 1,069,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total Stockholders' Equity | 2,027,700 | 1,707,900 | 1,513,300 | 1,300,600 | 1,173,200 | 1,069,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | |||||||||||||||||||||
2,881,200 | 2,397,000 | 2,309,400 | 1,930,900 | 1,855,600 | 1,738,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | 2,881,200 | 2,397,000 | 2,309,400 | 1,930,900 | 1,855,600 | 1,738,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Class A | |||||||||||||||||||||
Common Stock | |||||||||||||||||||||
2,700 | 2,700 | 2,700 | 2,700 | 2,800 | 2,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Common Stock | 2,700 | 2,700 | 2,700 | 2,700 | 2,800 | 2,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Class B | |||||||||||||||||||||
Common Stock | |||||||||||||||||||||
600 | 600 | 600 | 600 | 600 | 600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Common Stock | 600 | 600 | 600 | 600 | 600 | 600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||