---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-001035"
form_type: "8-K"
ticker: "WTS"
cik: "0000795403"
company_name: "WATTS WATER TECHNOLOGIES INC"
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T22:10:25.732559+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Watts Water reports record Q4 and full year 2022; sales up 6% Q4, EPS up 74%

## Summary
- Q4 sales $501.9M, up 6% reported and 11% organically; full year sales $1.98B, up 9% reported and 13% organically.
- Q4 GAAP EPS $2.05, up 74%; adjusted EPS $1.60, up 13%. Full year GAAP EPS $7.48, up 53%; adjusted EPS $7.13, up 29%.
- Full year operating cash flow $224M; free cash flow $201M, up 24% and 26% respectively.
- Q4 GAAP operating margin 13.4% (+20 bps); adjusted operating margin 14.3% (+90 bps). Full year 15.9% and 16.4% respectively.
- Management expects softer market conditions as 2023 progresses; actions underway to adjust cost structure.

## SEC filing metadata
- accession: 0001558370-23-001035
- form_type: 8-K
- ticker: WTS
- cik: 0000795403
- company_name: WATTS WATER TECHNOLOGIES INC
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/795403/000155837023001035/0001558370-23-001035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/795403/000155837023001035/wts-20230208x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-001035
- JSON: https://secwatch.observer/filing/0001558370-23-001035.json
- Plain text: https://secwatch.observer/filing/0001558370-23-001035.txt

## Key facts
- Earnings Releases
  WATTS WATER TECHNOLOGIES INC reported fiscal quarter ended December 31, 2022 results: revenue $502 million, net income $68.6 million, EPS $1.60.
  - Period: fiscal quarter ended December 31, 2022
  - Revenue: $502 million
  - Net income: $68.6 million
  - EPS: $1.60
  - Result: reported results
  source text: Q4 sales of $502 million, up 6% on a reported basis and 11% organically
  evidence_url: https://www.sec.gov/Archives/edgar/data/795403/000155837023001035/0001558370-23-001035-index.htm
- Earnings Releases
  WATTS WATER TECHNOLOGIES INC reported full year 2022 results: revenue $1.98 billion, net income $251.5 million, EPS $7.48.
  - Period: full year 2022
  - Revenue: $1.98 billion
  - Net income: $251.5 million
  - EPS: $7.48
  - Result: reported results
  source text: full year reported sales of $1.98 billion, up 9% on a reported basis and 13% organically
  evidence_url: https://www.sec.gov/Archives/edgar/data/795403/000155837023001035/0001558370-23-001035-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.