Watts Water Q1 sales fall 2% to $558 million; EPS rises 2% to $2.21
Watts Water Technologies reported first quarter 2025 sales of $558 million, down 2% from a year earlier, while diluted earnings per share rose 2% to $2.21. The company kept its full year 2025 organic sales and adjusted operating margin outlook and raised its quarterly dividend 21% to $0.52 per share, which matters to shareholders because it signals higher cash returns despite the lower sales.
Key points
- Net sales were $558.0 million, down 2% from $570.9 million, with fewer shipping days and European destocking cited as drivers
- GAAP operating income fell 9% to $87.7 million and operating margin declined 120 basis points to 15.7%; adjusted operating margin rose 80 basis points to 19.0%
- Diluted EPS was $2.21 versus $2.17; adjusted diluted EPS was $2.37 versus $2.33
- Quarterly dividend increases from $0.43 to $0.52 per share beginning June 2025; full year outlook maintained
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing 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 May 07, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.