Watts Water Technologies, Inc. (WTS) financial statements (2021 and earlier)

Company profile

Business Address 815 CHESTNUT ST
NORTH ANDOVER, MA 01845
State of Incorp. DE
Fiscal Year End December 31
SIC 349 - Miscellaneous Fabricated Metal Products (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments219220204280338  
Cash and cash equivalents219220204280338  
Receivables198220206216198186208
Inventory, net of allowances, customer advances and progress billings264270287259239240292
Inventory264270287259239240292
Disposal group, including discontinued operation   2321
Other undisclosed current assets2925252779381374
Total current assets:710735721784858809874
Noncurrent Assets
Property, plant and equipment212200202199190184203
Intangible assets, net (including goodwill)744733710736735682849
Goodwill602581545551533489639
Intangible assets, net (excluding goodwill)142151165185203193210
Deferred income tax assets43
Other noncurrent assets68531917161417
Other undisclosed noncurrent assets  22245
Total noncurrent assets:1,0299889329539428841,074
TOTAL ASSETS:1,7381,7231,6541,7371,8001,6931,948
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities175181188179150148273
Accounts payable110123127124101102121
Accrued liabilities      104
Employee-related liabilities65586155494744
Taxes payable      4
Debt 105302313913
Other liabilities137133131126137146139
Other undisclosed current liabilities      (69)
Total current liabilities:313419349327426295346
Noncurrent Liabilities
Long-term debt and lease obligation198204323475511576584
Long-term debt, excluding current maturities198204323475511576578
Capital lease obligations    6
Liabilities, other than long-term debt15712290106127117112
Deferred tax liabilities, net3955867277
Deferred income tax liabilities5139
Other liabilities106835250424535
Total noncurrent liabilities:356326414580639693696
Total liabilities:6687457629081,0649881,042
Stockholders' equity
Stockholders' equity attributable to parent, including:1,070978891829736705912
Additional paid in capital606592568552535512497
Accumulated other comprehensive loss(100)(131)(121)(99)(151)(128)(89)
Retained earnings560514441373349318501
Other undisclosed stockholders' equity attributable to parent3333334
Total stockholders' equity:1,070978891829736705912
Other undisclosed liabilities and equity      (6)
TOTAL LIABILITIES AND EQUITY:1,7381,7231,6541,7371,8001,6931,948

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,5091,6011,5651,4571,3981,4681,514
Revenue, net1,4571,3981,4681,514
Cost of revenue
(Cost of Goods and Services Sold)
(883)(923)(908)(854)(833)(915)(1,034)
Other undisclosed gross profit      62
Gross profit:625678657602566553542
Operating expenses(443)(480)(468)(439)(420)(513)(460)
Other undisclosed operating income (loss)(1)  (1)(1)(131)24
Operating income (loss):181197188162145(90)105
Nonoperating expense(14)(13)(14)(19)(17)(21)(22)
Other nonoperating income (expense)(1)12(1)42(3)
Interest and debt expense(13)(14)(16)(19)(23)(24)(20)
Other undisclosed income from continuing operations before equity method investments, income taxes13141619232420
Income (loss) from continuing operations before income taxes:167184175143128(111)83
Income tax expense(53)(52)(47)(70)(44)(2)(33)
Net income (loss) available to common stockholders, diluted:1141321287384(113)50

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):1141321287384(113)50
Other comprehensive income     23 
Comprehensive income (loss):1141321287384(90)50
Other undisclosed comprehensive income (loss), net of tax, attributable to parent31(10)(22)52(23)(62)(101)
Comprehensive income (loss), net of tax, attributable to parent:14512210612562(152)(51)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: