Watts Water Q4 sales slip 1% to $540 million; diluted EPS rises 21% to $2.02
Watts Water Technologies reported fourth-quarter 2024 sales of $540 million, down 1% from a year earlier, with organic sales down 5%, while diluted EPS rose 21% to $2.02. For full year 2024, sales rose 10% to $2.25 billion and diluted EPS rose 11% to $8.69, but the company expects 2025 sales growth of down 3% to up 2%, a range that includes a decline.
Key points
- Q4 2024 sales of $540 million, down 1% reported and down 5% organic; diluted EPS of $2.02, up 21%
- Full year 2024 sales of $2.25 billion, up 10% reported and down 1% organic; diluted EPS of $8.69, up 11%
- 2025 outlook: sales growth of down 3% to up 2%; operating margin of 16.7% to 17.3%
- I-CON Systems acquisition closed January 2, 2025; full year 2024 operating cash flow of $361 million
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 10, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.