Watts Water Technologies, Inc. (WTS) Balance Sheet
WTS balance sheet, 2025
December 31, 2025 · U.S. dollars$2.88B assets = $853.5M liabilities + $2.03B equity
Both columns are drawn to the same scale: what WTS owns equals what it owes plus shareholders’ equity. Hover a block for its value.
WTS financial health
Descriptive bands, not a rating. Fiscal 2025.
WTS balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.80B2016 | $2.88B2025 | +5.4%/yr | |
| Total liabilities | $1.06B2016 | $853.5M2025 | −2.4%/yr | |
| Shareholders’ equity | $734.1M2016 | $2.03B2025 | +12.0%/yr | |
| Cash & short-term investments | $338.4M2016 | $405.5M2025 | +2.0%/yr | |
| Total debt | $650.4M2016 | $197.7M2025 | −12.4%/yr | |
| Net cash (debt) | −$312.0M2016 | $207.8M2025 | +$519.8M | |
| Working capital | $432.5M2016 | $773.7M2025 | +$341.2M | |
| Book value per share | $21.282016 | $60.532025 | +12.3%/yr | |
| Current ratio | 2.022016 | 2.512025 | +0.49 | |
| Debt / equity | 0.892016 | 0.102025 | −0.79 | |
| Shares outstanding | 34.5M2016 | 33.5M2025 | −0.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
WTS assets
WTS liabilities and equity
WTS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
WTS balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $405.5M | $386.9M | $350.1M | $310.8M | $242.0M | $218.9M | $219.7M | $204.1M | $280.2M | $338.4M |
| Cash & equivalents | $405.5M | $386.9M | $350.1M | $310.8M | $242.0M | $218.9M | $219.7M | $204.1M | $280.2M | $338.4M |
| Short-term investments | — | — | $3.4M | $3.5M | — | — | — | — | $0 | $0 |
| Receivables | $294.0M | $253.2M | $259.8M | $233.8M | $220.9M | $197.6M | $219.8M | $205.5M | $216.1M | $198.0M |
| Inventory | $524.3M | $392.1M | $399.3M | $375.6M | $370.7M | $263.6M | $270.1M | $286.8M | $259.1M | $239.4M |
| Other current assets | $62.3M | $51.3M | $51.8M | $30.4M | $27.9M | $29.4M | $25.3M | $24.9M | $28.2M | $82.2M |
| Total current assets | $1.29B | $1.08B | $1.06B | $950.6M | $861.5M | $709.5M | $734.9M | $721.3M | $783.6M | $858.0M |
| Property, plant & equipment (net) | $297.1M | $254.8M | $248.2M | $196.8M | $200.7M | $212.3M | $200.0M | $201.9M | $198.5M | $189.7M |
| Goodwill & intangible assets | $1.15B | $950.0M | $909.1M | $706.1M | $729.3M | $744.2M | $732.5M | $710.0M | $735.7M | $735.2M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $1.2M | $6.5M | $5.6M | $4.6M |
| Other non-current assets | $144.4M | $108.7M | $91.1M | $77.4M | $64.1M | $72.2M | $54.5M | $14.0M | $13.1M | $9.3M |
| Total assets | $2.88B | $2.40B | $2.31B | $1.93B | $1.86B | $1.74B | $1.72B | $1.65B | $1.74B | $1.80B |
| Liabilities | ||||||||||
| Accounts payable | $182.2M | $148.0M | $131.8M | $134.3M | $143.4M | $110.1M | $123.3M | $127.2M | $123.8M | $101.1M |
| Short-term debt | $0 | $13.7M | $11.5M | $12.1M | $10.3M | $10.7M | $105.0M | $30.0M | $22.5M | $139.1M |
| Deferred revenue | — | — | −$11.5M | −$12.1M | −$10.3M | −$10.7M | $132.3M | $136.9M | $123.5M | $116.7M |
| Total current liabilities | $512.4M | $417.9M | $405.8M | $378.7M | $408.5M | $312.8M | $419.3M | $348.7M | $327.4M | $425.5M |
| Long-term debt | $197.7M | $198.8M | $299.5M | $147.6M | $141.9M | $198.2M | $204.2M | $323.4M | $474.6M | $511.3M |
| Other long-term liabilities | $143.4M | $72.4M | $90.8M | $104.0M | $132.0M | $157.4M | $121.6M | $93.5M | $105.5M | $125.9M |
| Total liabilities | $853.5M | $689.1M | $796.1M | $630.3M | $682.4M | $668.4M | $745.1M | $765.6M | $907.5M | $1.06B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $3.3M | $3.3M | $3.3M | $3.3M | $3.4M | $3.4M | $3.4M | $3.4M | $3.4M | $3.4M |
| Retained earnings (deficit) | $1.43B | $1.18B | $979.1M | $795.3M | $665.9M | $560.1M | $513.9M | $437.5M | $372.9M | $348.5M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$127.5M | −$176.4M | −$143.4M | −$149.9M | −$127.3M | −$100.0M | −$130.8M | −$121.1M | −$99.1M | −$153.0M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $2.03B | $1.71B | $1.51B | $1.30B | $1.17B | $1.07B | $978.0M | $888.1M | $829.0M | $734.1M |
| Key figures | ||||||||||
| Total debt | $197.7M | $197.0M | $298.3M | $159.7M | $152.2M | $208.9M | $309.2M | $353.4M | $497.1M | $650.4M |
| Net cash (debt) | $207.8M | $189.9M | $51.8M | $151.1M | $89.8M | $10.0M | −$89.5M | −$149.3M | −$216.9M | −$312.0M |
| Working capital | $773.7M | $665.6M | $655.2M | $571.9M | $453.0M | $396.7M | $315.6M | $372.6M | $456.2M | $432.5M |
| Tangible book value | $874.1M | $757.9M | $604.2M | $594.5M | $443.9M | $325.6M | $245.5M | $178.1M | $93.3M | −$1.1M |
| Book value per share | $60.53 | $50.98 | $45.17 | $38.71 | $34.61 | $31.46 | $28.60 | $25.89 | $24.10 | $21.28 |
| Shares outstanding | 33.5M | 33.5M | 33.5M | 33.6M | 33.9M | 34.0M | 34.2M | 34.3M | 34.4M | 34.5M |
| Current ratio | 2.51 | 2.59 | 2.61 | 2.51 | 2.11 | 2.27 | 1.75 | 2.07 | 2.39 | 2.02 |
| Quick ratio | 1.37 | 1.53 | 1.50 | 1.44 | 1.13 | 1.33 | 1.05 | 1.17 | 1.52 | 1.26 |
| Debt / equity | 0.10 | 0.12 | 0.20 | 0.12 | 0.13 | 0.20 | 0.32 | 0.40 | 0.60 | 0.89 |
| Equity / assets | 70.4% | 71.3% | 65.5% | 67.4% | 63.2% | 61.5% | 56.8% | 53.7% | 47.7% | 40.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $347.9M | $374.7M | $405.5M | $457.7M | $369.3M | $336.8M | $386.9M | $303.9M | $279.4M | $237.1M | $350.1M | $362.7M |
| Cash & equivalents | $347.9M | $374.7M | $405.5M | $457.7M | $369.3M | $336.8M | $386.9M | $303.9M | $279.4M | $237.1M | $350.1M | $362.7M |
| Short-term investments | — | — | — | — | — | — | — | — | — | $3.8M | $3.4M | $4.1M |
| Receivables | $404.4M | $374.4M | $294.0M | $323.9M | $337.5M | $301.1M | $253.2M | $291.6M | $310.6M | $305.7M | $259.8M | $257.6M |
| Inventory | $546.5M | $543.1M | $524.3M | $458.7M | $448.5M | $419.1M | $392.1M | $420.4M | $426.4M | $423.6M | $399.3M | $386.4M |
| Other current assets | $66.8M | $55.9M | $62.3M | $73.6M | $58.7M | $50.5M | $51.3M | $49.7M | $44.6M | $43.6M | $51.8M | $34.9M |
| Total current assets | $1.37B | $1.35B | $1.29B | $1.31B | $1.21B | $1.11B | $1.08B | $1.07B | $1.06B | $1.01B | $1.06B | $1.04B |
| Property, plant & equipment (net) | $295.5M | $781.1M | $777.1M | $749.1M | $265.3M | $257.6M | $254.8M | $255.1M | $254.2M | $255.0M | $248.2M | $194.0M |
| Goodwill & intangible assets | $1.14B | $1.15B | $1.15B | $1.03B | $1.03B | $1.01B | $950.0M | $967.0M | $965.3M | $975.2M | $909.1M | $695.7M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $151.4M | $0 | $0 | $0 | $131.7M | $123.5M | $108.7M | $111.4M | $102.8M | $92.2M | $91.1M | $86.3M |
| Total assets | $2.95B | $2.94B | $2.88B | $2.73B | $2.64B | $2.50B | $2.40B | $2.40B | $2.38B | $2.33B | $2.31B | $2.02B |
| Liabilities | ||||||||||||
| Accounts payable | $182.1M | $188.9M | $182.2M | $156.0M | $176.9M | $158.2M | $148.0M | $141.1M | $163.2M | $162.6M | $131.8M | $121.2M |
| Short-term debt | — | — | $0 | $0 | $700,000 | $900,000 | $27.4M | $1.1M | — | — | $11.5M | $0 |
| Deferred revenue | — | — | — | — | — | — | — | — | — | — | −$11.5M | — |
| Total current liabilities | $513.3M | $496.0M | $512.4M | $463.9M | $468.4M | $449.5M | $417.9M | $417.5M | $424.6M | $407.3M | $405.8M | $380.3M |
| Long-term debt | $108.0M | $197.8M | $197.7M | $197.5M | $197.3M | $197.2M | $197.0M | $211.8M | $258.7M | $283.5M | $298.3M | $98.2M |
| Other long-term liabilities | $140.8M | $149.7M | $143.4M | $107.2M | $86.8M | $81.8M | $74.2M | $80.7M | $81.8M | $89.8M | $92.0M | $87.1M |
| Total liabilities | $762.1M | $843.5M | $853.5M | $768.6M | $752.5M | $728.5M | $689.1M | $710.0M | $765.1M | $780.6M | $796.1M | $565.6M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $3.3M | $3.3M | $3.3M | $3.3M | $3.3M | $3.3M | $3.3M | $3.3M | $3.3M | $3.3M | $3.3M | $3.3M |
| Retained earnings (deficit) | $1.59B | $1.50B | $1.43B | $1.37B | $1.31B | $1.23B | $1.18B | $1.14B | $1.09B | $1.02B | $979.1M | $939.8M |
| Accumulated other comprehensive income | −$140.2M | −$132.4M | −$127.5M | −$130.2M | −$128.2M | −$162.7M | −$176.4M | −$142.1M | −$157.7M | −$154.9M | −$143.4M | −$159.7M |
| Total shareholders' equity | $2.19B | $2.10B | $2.03B | $1.96B | $1.89B | $1.77B | $1.71B | $1.69B | $1.62B | $1.55B | $1.51B | $1.45B |
| Key figures | ||||||||||||
| Total debt | $108.0M | $197.8M | $197.7M | $197.5M | $197.3M | $197.2M | $197.0M | $211.8M | $258.7M | $283.5M | $298.3M | $98.2M |
| Net cash (debt) | $239.9M | $176.9M | $207.8M | $260.2M | $172.0M | $139.6M | $189.9M | $92.1M | $20.7M | −$46.4M | $51.8M | $264.5M |
| Working capital | $852.3M | $852.1M | $773.7M | $850.0M | $745.6M | $658.0M | $665.6M | $648.1M | $636.4M | $602.7M | $655.2M | $661.3M |
| Tangible book value | $1.05B | $949.9M | $874.1M | $928.7M | $858.5M | $760.1M | $757.9M | $722.1M | $652.9M | $576.6M | $604.2M | $756.3M |
| Book value per share | $65.36 | $62.58 | $60.71 | $58.41 | $56.49 | $52.90 | $50.98 | $50.42 | $48.30 | $46.32 | $45.17 | $43.34 |
| Shares outstanding | 33.5M | 33.5M | 33.4M | 33.5M | 33.5M | 33.5M | 33.5M | 33.5M | 33.5M | 33.5M | 33.5M | 33.5M |
| Current ratio | 2.66 | 2.72 | 2.51 | 2.83 | 2.59 | 2.46 | 2.59 | 2.55 | 2.50 | 2.48 | 2.61 | 2.74 |
| Quick ratio | 1.47 | 1.51 | 1.37 | 1.68 | 1.51 | 1.42 | 1.53 | 1.43 | 1.39 | 1.33 | 1.50 | 1.63 |
| Debt / equity | 0.05 | 0.09 | 0.10 | 0.10 | 0.10 | 0.11 | 0.12 | 0.13 | 0.16 | 0.18 | 0.20 | 0.07 |
| Equity / assets | 74.2% | 71.3% | 70.4% | 71.8% | 71.5% | 70.9% | 71.3% | 70.4% | 67.9% | 66.5% | 65.5% | 72.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 23, 2026); data from EODHD.
WTS financial position
At the end of fiscal 2025 (December 31, 2025), Watts Water Technologies had total assets of $2.9 billion (up 20.2% from a year earlier), total liabilities of $853.5 million and shareholders' equity of $2.0 billion. It held $405.5 million in cash and short-term investments against $197.7 million of debt, a net cash position of $207.8 million. Its current ratio was 2.51. In the latest quarter (ended June 30, 2026) total assets were $3.0 billion and equity $2.2 billion.
Related: WTS income statement, WTS cash flow statement, WTS key metrics. See the WTS stock overview for the latest quote and news.
WTS balance sheet FAQ
What are Watts Water Technologies's total assets?
Watts Water Technologies reported total assets of $2.9 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.4 billion a year earlier.
How much debt does Watts Water Technologies have?
Watts Water Technologies had $197.7 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.10.
How much cash does Watts Water Technologies have?
Watts Water Technologies held $405.5 million in cash and short-term investments at the end of fiscal 2025; with $197.7 million of debt that is net cash of $207.8 million.
What is Watts Water Technologies's book value?
Watts Water Technologies's shareholders' equity (book value) was $2.0 billion at the end of fiscal 2025, or $60.53 per share.
What is Watts Water Technologies's current ratio?
Watts Water Technologies had current assets of $1.3 billion and current liabilities of $512.4 million, a current ratio of 2.51 (it can cover its short-term obligations).
How much goodwill does Watts Water Technologies have?
Watts Water Technologies carried $1.2 billion of goodwill and intangible assets, 40.0% of total assets, at the end of fiscal 2025.