Watts Water Technologies (WTS) Ratios
Watts Water Technologies Ratios
MX:WTS's free cash flow for Q2 2026 was $91.60M. For the 2026 fiscal year, MX:WTS's free cash flow was decreased by $-11.30M and operating cash flow was $102.90M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 2.51 | 2.59 | 2.61 | 2.51 | 2.11 |
| Quick Ratio | 1.49 | 1.65 | 1.63 | 1.52 | 1.20 |
| Cash Ratio | 0.79 | 0.93 | 0.86 | 0.82 | 0.59 |
| Solvency Ratio | 0.47 | 0.50 | 0.38 | 0.46 | 0.31 |
| Operating Cash Flow Ratio | 0.78 | 0.86 | 0.77 | 0.59 | 0.44 |
| Short-Term Operating Cash Flow Coverage | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Current Asset Value | $ 432.60M | $ 394.40M | $ 264.90M | $ 320.30M | $ 179.10M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.07 | 0.08 | 0.13 | 0.08 | 0.08 |
| Debt-to-Equity Ratio | 0.10 | 0.12 | 0.20 | 0.11 | 0.12 |
| Debt-to-Capital Ratio | 0.09 | 0.10 | 0.16 | 0.10 | 0.11 |
| Long-Term Debt-to-Capital Ratio | 0.09 | 0.10 | 0.16 | 0.10 | 0.11 |
| Financial Leverage Ratio | 1.42 | 1.40 | 1.53 | 1.48 | 1.58 |
| Debt Service Coverage Ratio | 37.81 | 24.51 | 38.24 | 42.60 | 34.46 |
| Interest Coverage Ratio | 43.69 | 26.56 | 42.79 | 45.00 | 38.03 |
| Debt to Market Cap | 0.02 | 0.03 | 0.04 | 0.03 | 0.02 |
| Interest Debt Per Share | 6.22 | 6.32 | 9.18 | 4.61 | 4.38 |
| Net Debt to EBITDA | -0.40 | -0.42 | -0.13 | -0.46 | -0.35 |
| Profitability Margins | |||||
| Gross Profit Margin | 49.46% | 47.15% | 46.73% | 44.17% | 42.40% |
| EBIT Margin | 18.72% | 17.79% | 17.40% | 15.89% | 13.29% |
| EBITDA Margin | 21.05% | 20.21% | 19.50% | 17.90% | 15.78% |
| Operating Profit Margin | 19.35% | 17.33% | 17.06% | 15.91% | 13.24% |
| Pretax Profit Margin | 18.28% | 17.14% | 17.00% | 15.54% | 12.94% |
| Net Profit Margin | 13.98% | 12.93% | 12.75% | 12.71% | 9.16% |
| Continuous Operations Profit Margin | 13.98% | 12.93% | 12.75% | 12.71% | 9.16% |
| Net Income Per EBT | 76.45% | 75.44% | 74.99% | 81.76% | 70.78% |
| EBT Per EBIT | 94.49% | 98.87% | 99.60% | 97.65% | 97.70% |
| Return on Assets (ROA) | 11.83% | 12.15% | 11.35% | 13.03% | 8.93% |
| Return on Equity (ROE) | 16.81% | 17.05% | 17.32% | 19.34% | 14.12% |
| Return on Capital Employed (ROCE) | 19.92% | 19.73% | 18.43% | 20.29% | 16.56% |
| Return on Invested Capital (ROIC) | 15.23% | 14.88% | 13.82% | 16.59% | 11.72% |
| Return on Tangible Assets | 19.73% | 20.12% | 18.72% | 20.53% | 14.71% |
| Earnings Yield | 3.69% | 4.28% | 3.77% | 5.13% | 2.52% |
| Efficiency Ratios | |||||
| Receivables Turnover | 8.29 | 8.89 | 7.91 | 8.47 | 8.19 |
| Payables Turnover | 6.76 | 8.04 | 8.31 | 8.23 | 7.27 |
| Inventory Turnover | 2.35 | 3.04 | 2.74 | 2.94 | 2.81 |
| Fixed Asset Turnover | 8.21 | 8.84 | 8.28 | 10.06 | 9.01 |
| Asset Turnover | 0.85 | 0.94 | 0.89 | 1.03 | 0.97 |
| Working Capital Turnover Ratio | 3.39 | 3.41 | 3.35 | 3.86 | 4.26 |
| Cash Conversion Cycle | 145.32 | 115.89 | 135.25 | 122.80 | 124.18 |
| Days of Sales Outstanding | 44.01 | 41.03 | 46.12 | 43.11 | 44.57 |
| Days of Inventory Outstanding | 155.27 | 120.25 | 133.05 | 124.04 | 129.84 |
| Days of Payables Outstanding | 53.96 | 45.39 | 43.92 | 44.35 | 50.23 |
| Operating Cycle | 199.28 | 161.28 | 179.17 | 167.15 | 174.41 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 12.00 | 10.78 | 9.31 | 6.69 | 5.35 |
| Free Cash Flow Per Share | 10.64 | 9.73 | 8.42 | 5.85 | 4.56 |
| Dividend Paid and CapEx Coverage Ratio | 3.57 | 3.98 | 4.08 | 3.31 | 2.96 |
| Capital Expenditure Coverage Ratio | 8.80 | 10.23 | 10.46 | 7.97 | 6.77 |
| Operating Cash Flow Coverage Ratio | 2.03 | 1.83 | 1.04 | 1.52 | 1.27 |
| Operating Cash Flow to Sales Ratio | 0.16 | 0.16 | 0.15 | 0.11 | 0.10 |
| Free Cash Flow Yield | 3.85% | 4.78% | 4.04% | 4.00% | 2.35% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 27.14 | 23.39 | 26.55 | 19.48 | 39.61 |
| Price-to-Sales (P/S) Ratio | 3.79 | 3.02 | 3.38 | 2.47 | 3.63 |
| Price-to-Book (P/B) Ratio | 4.56 | 3.99 | 4.60 | 3.77 | 5.59 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 25.95 | 20.90 | 24.75 | 25.01 | 42.59 |
| Price-to-Operating Cash Flow Ratio | 23.00 | 18.86 | 22.39 | 21.87 | 36.30 |
| Price-to-Earnings Growth (PEG) Ratio | 1.59 | 2.19 | 5.86 | 0.37 | 0.87 |
| Enterprise Value Multiple | 17.61 | 14.55 | 17.22 | 13.37 | 22.64 |
| Enterprise Value | 9.04B | 6.62B | 6.91B | 4.74B | 6.46B |
| EV to EBITDA | 17.61 | 14.55 | 17.22 | 13.37 | 22.64 |
| EV to Sales | 3.71 | 2.94 | 3.36 | 2.39 | 3.57 |
| EV to Free Cash Flow | 25.37 | 20.32 | 24.57 | 24.17 | 41.94 |
| EV to Operating Cash Flow | 22.48 | 18.33 | 22.22 | 21.14 | 35.75 |
| Tangible Book Value Per Share | 26.09 | 22.62 | 18.09 | 17.75 | 13.13 |
| Shareholders’ Equity Per Share | 60.53 | 50.98 | 45.31 | 38.82 | 34.71 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.24 | 0.25 | 0.25 | 0.18 | 0.29 |
| Revenue Per Share | 72.79 | 67.23 | 61.57 | 59.09 | 53.53 |
| Net Income Per Share | 10.17 | 8.69 | 7.85 | 7.51 | 4.90 |
| Tax Burden | 0.76 | 0.75 | 0.75 | 0.82 | 0.71 |
| Interest Burden | 0.98 | 0.96 | 0.98 | 0.98 | 0.97 |
| Research & Development to Revenue | 0.00 | 0.03 | 0.00 | 0.03 | 0.03 |
| SG&A to Revenue | 0.30 | 0.26 | 0.00 | 0.21 | 0.22 |
| Stock-Based Compensation to Revenue | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Income Quality | 1.18 | 1.24 | 1.19 | 0.89 | 1.09 |
Currency in USD