secwatch.observer — SEC 8-K summary
======================================

Issuer:     WATTS WATER TECHNOLOGIES INC (WTS)
CIK:        0000795403
Form:       8-K
Filed at:   2025-02-10T23:59:59+00:00
Accession:  0001558370-25-000751
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Watts Water Q4 sales $540M, EPS $2.02; organic sales down 5% YoY
----------------------------------------------------------------

- Q4 net sales $540.4M (-1% reported, -5% organic); diluted EPS $2.02 (+21%); adjusted EPS $2.05 (+4%).
- Full year 2024 net sales $2.25B (+10% reported, -1% organic); diluted EPS $8.69 (+11%); adjusted EPS $8.86 (+7%).
- Q4 operating margin 16.5% (+210 bps); adjusted operating margin 16.8% (+100 bps).
- Full year operating cash flow $361M, free cash flow $332M, up 16% and 18% YoY respectively.
- Closed acquisition of I-CON Systems on Jan 2, 2025 for digital expansion in institutional market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/795403/000155837025000751/0001558370-25-000751-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/795403/000155837025000751/wts-20250210x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-000751

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer