---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-000983"
form_type: "8-K"
ticker: "WTS"
cik: "0000795403"
company_name: "WATTS WATER TECHNOLOGIES INC"
filed_at: "2024-02-12T23:59:59+00:00"
generated_at: "2026-06-06T04:34:51.856711+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: sales $548M, adj. EPS $1.97 up 23% YoY

## Summary
- Q4 reported sales $548M (+9% reported, -1% organic); full-year sales $2.06B (+4% reported, +1% organic).
- Q4 adjusted operating margin 15.8%, up 150 bps; full-year adjusted operating margin 17.8%, up 140 bps.
- Q4 reported EPS $1.67 (-19%); adjusted EPS $1.97 (+23%); full-year adjusted EPS $8.27 (+16%).
- Operating cash flow $311M (+39%); free cash flow $281M (+40%) for full year 2023.
- Closed acquisitions of Bradley Corporation in Q4 and Josam Company effective Jan 1, 2024; management notes softening global outlook.

## SEC filing metadata
- accession: 0001558370-24-000983
- form_type: 8-K
- ticker: WTS
- cik: 0000795403
- company_name: WATTS WATER TECHNOLOGIES INC
- filed_at: 2024-02-12T23:59:59+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/795403/000155837024000983/0001558370-24-000983-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/795403/000155837024000983/wts-20240212x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-000983
- JSON: https://secwatch.observer/filing/0001558370-24-000983.json
- Plain text: https://secwatch.observer/filing/0001558370-24-000983.txt

## Key facts
- Earnings Releases
  WATTS WATER TECHNOLOGIES INC reported fiscal quarter ended December 31, 2023 results: revenue $548 million, EPS $1.67.
  - Period: fiscal quarter ended December 31, 2023
  - Revenue: $548 million
  - EPS: $1.67
  - Result: reported results
  source text: investorrelations@wattswater.com ​ WATTS WATER TECHNOLOGIES REPORTS RECORD FOURTH QUARTER AND FULL YEAR 2023 RESULTS ​ Fourth Quarter 2023 Highlights ​ ◾ Reported sales of $548 million, up 9% on a reported basis and down 1% organically ​ ◾ Reported operating margin of 14.4%, up 100 bps; adjusted operating margin of 15.8%, up 150 bps ​ ◾ Reported EPS of $1.67,
  evidence_url: https://www.sec.gov/Archives/edgar/data/795403/000155837024000983/0001558370-24-000983-index.htm
- Earnings Releases
  WATTS WATER TECHNOLOGIES INC reported year ended December 31, 2023 results: revenue $2.06 billion, EPS $7.82.
  - Period: year ended December 31, 2023
  - Revenue: $2.06 billion
  - EPS: $7.82
  - Result: reported results
  source text: up 100 bps; adjusted operating margin of 15.8%, up 150 bps ​ ◾ Reported EPS of $1.67, down 19%; adjusted EPS of $1.97, up 23% ​ Full Year 2023 Highlights ​ ◾ Reported sales of $2.06 billion, up 4% on a reported basis and 1% organically ​ ◾ Reported operating margin of 17.1%, up 120 bps; adjusted operating margin of 17.8%, up 140 bps ​ ◾ Reported EPS of $7.82, up 5%;
  evidence_url: https://www.sec.gov/Archives/edgar/data/795403/000155837024000983/0001558370-24-000983-index.htm

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