WATTS WATER TECHNOLOGIES INC (WTS) Form 8-K — Nov 4, 2026
Watts Water Technologies (NYSE: WTS) reported record Q3 2026 results, with net sales of $728 million up 19% reported and 12% organically, and diluted EPS of $4.34, up 77% versus the prior-year quarter. Adjusted diluted EPS of $3.40 rose 36%, and GAAP operating margin expanded 800 bps to 26.2% — helped by $39 million of tariff refunds excluded from adjusted results, which still showed 240 bps of margin expansion to 20.9%. Growth was led by data center demand, with APMEA sales up 54% reported. Management raised full-year 2026 guidance, now expecting reported sales growth of 17-18%, organic growth of 11-12%, and adjusted operating margin of 20.3-20.4%.
Key figures
- Eps
- 4.34
- Revenue
- 728000000
- Guidance
- Full year 2026 sales growth of 17-18% reported (11-12% organic); operating margin 21.6-21.7% (up 320-330 bps); adjusted operating margin 20.3-20.4% (up 70-80 bps)
- Net Income
- 145400000
- Revenue Yoy
- 19%
- Long term debt
- 98200000
- Tariff refunds
- 39000000
- Adjusted eps yoy
- 36%
- Operating margin
- 26.2%
- Adjusted diluted eps
- 3.4
- Cash and equivalents
- 444800000
- Organic sales growth
- 12%
- Share repurchases q3
- $3.9 million (approx. 11,000 shares)
- Operating margin change
- +800 bps
- Adjusted operating margin
- 20.9%
- Free cash flow nine months
- 230200000
- Dividends declared per share
- 0.63
- Acquisition sales contribution
- $41 million (7%)
- Adjusted operating margin change
- +240 bps
- Repurchase authorization remaining
- 117000000
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