Shashank Patel
On October 27, 2024, Shashank Patel, the Registrant’s Chief Financial Officer, provided notice of his intention to retire from the Registrant effective as of March 15, 2025.
Highest-materiality recent filing
Watts Water Q2 2026: record sales $763M, EPS $3.53, raises full-year outlook
Net sales of $763M, up 19% reported and 12% organically; record quarterly sales.
Watts Water Q1 net sales $677M (+21%); EPS $2.97; raises dividend 21% to $0.63
Net sales $677.3M, up 21% reported and 12% organic; operating margin 19.6% (+390 bps).
Watts Water Q4 2025 record: sales $625M (+16%), EPS $2.50 (+24%)
Q4 sales $625.1M, up 16% reported, 8% organic; diluted EPS $2.50 (+24%).
Watts Water CFO Ryan Lada resigns; Diane McClintock appointed as successor
Ryan Lada notified resignation on Nov 14, 2025; Board removed him on Nov 15 to pursue another opportunity; departure not related to accounting or business matters.
Watts Water Q3 sales up 13% to $612M, adjusted EPS $2.50 (+23%), acquires Haws Corp
Net sales $611.7M, up 13% reported and 9% organic vs Q3 2024.
Watts Water hits record Q2 sales; EPS up 23% YoY, raises full-year outlook
Sales $644M, up 8% reported / 6% organic; operating margin 21.0% (adj. 21.6%), up 230 bps YoY.
Watts Water appoints Ryan Lada CFO, effective July 28; Patel retires
Ryan Lada named CFO effective July 28, 2025; base salary $525K and 75% target bonus.
Watts Water Q1 sales $558M (-2% YoY), adj. EPS $2.37 (+2%), dividend +21% to $0.52
Reported sales $558.0M, down 2% vs Q1 2024; organic sales also down 2%.
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%).
Shutdown of foundry at Hautvillers-Ouville facility; production relocated to other sites in France and Europe.
Watts Water reports Q3 sales $544M (+8%), adjusted EPS $2.03; CFO Patel to retire March 2025
Sales $543.6M (+8% reported); organic sales down 4% vs Q3 2023.
Watts Water Q2 2024 record sales $597M, EPS $2.44; organic sales flat, margins down
Sales $597.3M, +12% YoY; organic sales flat vs. prior year.
Watts Water Q1 record sales $571M, EPS $2.17; raises FY2024 outlook
Record Q1 sales of $570.9M (+21% reported, +6% organic); reported EPS $2.17 (+12%), adjusted EPS $2.33 (+21%).
Watts Water reports record Q4: sales $548M, adj. EPS $1.97 up 23% YoY
Q4 reported sales $548M (+9% reported, -1% organic); full-year sales $2.06B (+4% reported, +1% organic).
Watts Water Q3 sales $504M (+3%); adjusted EPS $2.04 (+14%); raises FY margin outlook
Sales $504.3M (+3% YoY); organic sales flat; reported operating margin 17.3% (+80bps).
Watts Water completes $303M acquisition of Bradley Corporation, borrows $210M
Acquired Bradley for $303M (subject to adjustments); net ~$268M after estimated tax benefits of ~$35M.
Watts Water to acquire Bradley Corp for $303M cash; expects Q4 close, modest EPS accretion
Purchase price $303M cash; net ~$268M after ~$35M tax benefits; funded via cash on hand and credit facility.
Watts Water Q2 record sales $533M, EPS $2.26; raises FY23 outlook; authorizes $150M buyback
Record Q2 sales $532.8M (+1% YoY); net income $75.9M, diluted EPS $2.26 (+9%).
Watts Water reports record Q1; adjusted EPS $1.92 (+18% YoY); raised margin guidance
Record Q1 sales $471.7M, up 2% reported / 4% organic; EPS $1.93 up 20%, adjusted EPS $1.92 up 18%.
Watts Water reports record Q4 and full year 2022; sales up 6% Q4, EPS up 74%
Q4 sales $501.9M, up 6% reported and 11% organically; full year sales $1.98B, up 9% reported and 13% organically.
Watts Water Q3 record sales $487.8M, adj. EPS $1.79, raises FY2022 outlook
Sales $487.8M (+7% reported, +12% organic); GAAP net income $58.7M (+27%).
Watts Water Q2 sales $527M (+13% YoY); EPS $2.07 (+86%); raises FY2022 outlook
Sales $526.6M (+13% YoY); organic sales +16% driven by strong Americas execution.
Watts Water Q1 sales $463M +12%; GAAP EPS $1.61 +31%; raises FY adjusted margin outlook
Sales $463.2M, up 12% (organic +14%) from Q1 2021.
Watts Water Q4 sales $474M (+18% YoY); full year EPS $4.88 (+45%); President of Americas to retire
Q4 reported sales $474M, up 18% YoY (reported and organic); full year sales $1.8B, up 20%.
Watts Water reports record Q3: sales $455M (+18%), EPS $1.37 (+41%), raises FY outlook
Net sales $455M, up 18% YoY; organic sales up 17%; GAAP operating margin 14.2% (+170 bps).
Watts Water reports record Q2 2021: sales $467M (+38%), adj. EPS $1.48 (+100%), raises FY outlook
Sales $467M, +38% reported; +32% organic; GAAP operating margin 11.3% (+210 bps).
On October 27, 2024, Shashank Patel, the Registrant’s Chief Financial Officer, provided notice of his intention to retire from the Registrant effective as of March 15, 2025.
On March 12, 2024, the Board of Directors of the Registrant elected Kenneth Napolitano to serve as a member of the Registrant’s Board of Directors until the Registrant’s 2024 Annual Meeting of Stockholders or until his successor has been duly elected and qualified.
On February 7, 2024, the Board of Directors of the Registrant elected Rebecca Boll to serve as a member of the Registrant’s Board of Directors until the Registrant’s 2024 Annual Meeting of Stockholders or until her successor has been duly elected and qualified.
Munish Nanda stepped down as President of the Americas & Europe of the Company.
In connection with Mr. Dhawan joining the Company, Munish Nanda will step down as President of the Americas & Europe effective as of August 15, 2022 and thereafter will provide transition and advisory services until his planned retirement from the Company in May 2023.
On July 19, 2022, Watts Water Technologies, Inc. (the “Company”) announced the appointment of Andre Dhawan as the Company’s Chief Operating Officer effective upon the commencement of his employment with the Company on August 15, 2022.
Munish Nanda, President of Americas and Europe, provided notice of his intention to retire from Watts Water Technologies, Inc.
On February 4, 2022, Munish Nanda, President of Americas and Europe, provided notice of his intention to retire from the Registrant.
Max materiality 0.85 · Median 0.65 · Most common event earnings