← WATTS WATER TECHNOLOGIES INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $84.2m | $73.1m | $128.0m | $131.5m | $114.3m | $165.7m | $251.5m | $262.1m | $291.2m | $340.8m | — | |
| Depreciation, Depletion and Amortization | $51.2m | $52.2m | $48.5m | $46.6m | $46.5m | $45.1m | $39.7m | $43.3m | $54.4m | $56.8m | $62.5m | |
| Amortization of Intangible Assets | $20.8m | $22.5m | $19.6m | $15.6m | $15.2m | $13.7m | $12.1m | $13.2m | $19.8m | $20.6m | — | |
| Depreciation | $30.4m | $29.7m | $28.9m | $31.0m | $31.3m | $31.4m | $27.6m | $30.1m | $34.6m | $36.2m | $37.5m | |
| Deferred Income Tax Expense (Benefit) | $4.2m | $18.4m | ($12.8m) | $1.8m | $7.1m | ($8.3m) | ($29.6m) | ($18.6m) | ($14.9m) | $38.6m | $45.2m | |
| Share-based Payment Arrangement, Noncash Expense | $13.4m | $13.9m | $13.8m | $17.8m | $12.7m | $22.9m | $18.4m | $20.2m | $19.5m | $21.2m | $25.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | $7.8m | $9.6m | $13.3m | $15.8m | $13.0m | $11.4m | — | |
| Share-based Payment Arrangement, Expense | $13.4m | $13.9m | $13.8m | $17.8m | $12.7m | $22.9m | $18.4m | $20.2m | $19.5m | $21.2m | $25.2m | |
| Goodwill and Intangible Asset Impairment | $500k | — | — | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $400k | $400k | — | — | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | ($17.2m) | ($19.2m) | ($13.8m) | ($13.2m) | ($14.1m) | ($5.5m) | ($7.4m) | ($1.4m) | ($4.4m) | ($2.3m) | — | |
| Other Nonoperating Income (Expense) | $4.4m | ($1.1m) | $1.7m | $500k | ($1.0m) | $800k | ($1.0m) | ($400k) | $1.4m | ($1.3m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $7.1m | $7.5m | ($6.0m) | $15.0m | ($32.2m) | $30.2m | $20.0m | ($6.2m) | ($3.3m) | $9.5m | ($54.6m) | |
| Increase (Decrease) in Inventories | ($9.8m) | $8.4m | $34.5m | ($17.0m) | ($18.7m) | $113.7m | $16.4m | ($27.0m) | ($13.6m) | $75.4m | ($63.4m) | |
| Net Cash Provided by (Used in) Operating Activities | $138.1m |
$155.9m
+12.89%
|
$169.4m
+8.66%
|
$194.0m
+14.52%
|
$228.8m
+17.94%
|
$180.8m
-20.98%
|
$224.0m
+23.89%
|
$310.8m
+38.75%
|
$361.1m
+16.18%
|
$402.0m
+11.33%
|
$397.9m
-1.02%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $36.0m | $29.4m | $35.9m | $29.2m | $43.8m | $26.7m | $28.1m | $29.7m | $35.3m | $45.7m | ($48.5m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $88.0m | ($100k) | $1.7m | $42.7m | $15.2m | $9.1m | — | $313.4m | $96.3m | $257.1m | ($173.1m) | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | — | — | — | ($1.0m) | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($114.0m) | ($27.3m) | ($35.9m) | ($71.8m) | ($54.8m) | ($30.7m) | ($22.9m) | ($343.1m) | ($124.7m) | ($302.8m) | ($221.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $614.4m | $178.0m | $194.5m | $127.0m | $517.5m | $95.0m | $80.0m | $90.0m | $100.0m | — | ($92.7m) | |
| Proceeds from Issuance of Long-term Debt | $688.8m | $20.0m | $50.0m | $82.0m | $407.5m | $40.0m | $85.0m | $240.0m | — | — | $0 | |
| Payments for Repurchase of Common Stock | $26.8m | $18.2m | $26.0m | $19.5m | $28.9m | $16.0m | $69.4m | $16.0m | $17.0m | $16.0m | — | |
| Net Cash Provided by (Used in) Financing Activities | $27.7m |
($205.3m)
-841.16%
|
($202.9m)
+1.17%
|
($105.6m)
+47.95%
|
($181.9m)
-72.25%
|
($118.6m)
+34.80%
|
($121.7m)
-2.61%
|
$69.0m
+156.70%
|
($190.5m)
-376.09%
|
($96.9m)
+49.13%
|
($195.8m)
-102.06%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($9.6m) | $18.5m | ($6.7m) | $15.6m | ($800k) | $23.1m | $68.8m | $39.3m | $36.8m | $18.6m | $349.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $219.7m | $218.9m | $242.0m | $310.8m | $350.1m | $386.9m | $405.5m | $349.8m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($9.6m) | $18.5m | ($6.7m) | ($1.0m) | $7.1m | ($8.4m) | ($10.6m) | $2.6m | ($9.1m) | $16.3m | ($1.9m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $18.8m | $19.1m | $17.1m | $12.2m | $6.9m | $5.7m | $7.7m | $12.7m | $9.9m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $74.4m | — | |
| Additional Financial Items | ||||||||||||
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | — | — | — | — | $7.8m | — | — | |
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | ($600k) | $700k | $6.5m | ($3.9m) | ($700k) | ($2.2m) | — | |
| Gain (Loss) on Disposition of Assets | $3.7m | $2.1m | $200k | $800k | $4.0m | $1.4m | $1.8m | $200k | ($5.2m) | $300k | — | |
| Gain (Loss) on Disposition of Business | $8.7m | — | — | — | ($600k) | — | — | — | — | — | — | |
| Goodwill | $532.7m | $550.5m | $544.8m | $581.1m | $602.4m | $600.7m | $592.4m | $693.0m | $715.0m | $859.0m | — | |
| Income Tax Expense (Benefit) | $43.6m | $70.0m | $46.6m | $52.4m | $52.7m | $68.4m | $56.1m | $87.4m | $94.8m | $105.0m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $14.7m | $10.8m | — | |
| Investment Income, Interest | $1.0m | $1.0m | $800k | $400k | $200k | — | $600k | $7.2m | $8.9m | $9.8m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.