Watts Water Technologies
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Watts Water Technologies's past years’ income statements indicate that its last revenue has increased compared to the previous period by 4% to $2,056,300,000. The net income raised on $262,100,000 and profit margin reached 13%. Total operating expenses were $604,500,000.
Profit Margin
| 2014 | 1.51B | 50.3M | 3.32% |
|---|---|---|---|
| 2015 | 1.46B | -112.9M | -7.69% |
| 2016 | 1.39B | 84.2M | 6.02% |
| 2017 | 1.45B | 73.1M | 5.02% |
| 2018 | 1.56B | 124.8M | 7.97% |
| 2019 | 1.60B | 131.5M | 8.22% |
| 2020 | 1.50B | 114.3M | 7.58% |
| 2021 | 1.80B | 165.7M | 9.16% |
| 2022 | 1.97B | 251.5M | 12.71% |
| 2023 | 2.05B | 262.1M | 12.75% |
WTS Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 2.05B | 1.97B | 1.80B | 1.50B | 1.60B | 1.56B | 1.45B | 1.39B | 1.46B | 1.51B |
Cost of revenue | 1.09B | 1.10B | 1.04B | 883.2M | 923M | 908.4M | 854.3M | 832.8M | 914.6M | 971.9M |
Gross profit | 960.9M | 874.3M | 767.1M | 625.4M | 677.5M | 656.5M | 602.4M | 565.6M | 553.1M | 541.8M |
Operating exp. | ||||||||||
Research and development | 67.09M | 59.4M | 45.6M | 42.2M | 39.6M | 34.5M | 29M | 26.5M | 23.5M | 22.5M |
Selling and marketing | 71.5M | 73.4M | 69.4M | 55M | 57.6M | 56.3M | 52.1M | 47.9M | 53.5M | 61.8M |
Total operating expenses | 604.5M | 550.5M | 508.2M | 432.4M | 476.1M | 464.7M | 432.3M | 424.1M | 491.3M | 407M |
Operating income | 356.4M | 315M | 239.6M | 181.1M | 197.1M | 188.4M | 162.3M | 145M | -90.1M | 105.4M |
Other income (expenses), net | -6.9M | -7.4M | -5.5M | -14.1M | -13.2M | -1.7M | -19.2M | 7.9M | -20.9M | -22.3M |
Income before tax | 349.5M | 307.6M | 234.1M | 167M | 183.9M | 174.6M | 143.1M | 127.8M | -111M | 83.1M |
Income tax expense | 87.4M | 56.1M | 68.4M | 52.7M | 52.4M | 49.8M | 70M | 43.6M | 1.9M | 32.8M |
Net income | 262.1M | 251.5M | 165.7M | 114.3M | 131.5M | 124.8M | 73.1M | 84.2M | -112.9M | 50.3M |
Earnings per share | ||||||||||
Basic EPS | 7.85 | 7.51 | 4.9 | 3.37 | 3.86 | 3.64 | 2.12 | 2.45 | -3.24 | 1.42 |
Diluted EPS | 7.82 | 7.49 | 4.89 | 3.36 | 3.85 | 3.64 | 2.12 | 2.44 | -3.23 | 1.42 |
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