WATTS WATER TECHNOLOGIES INC

Watts Water Technologies, Inc. (NYSE: WTS) operates as a global manufacturer and provider of water technologies and solutions designed to promote safety, energy efficiency, and water conservation for commercial and residential buildings. The company maintains its website at www.wattswater.com.

Founded in 1874 as Watts Regulator Co. by Joseph E. Watts in Lawrence, Massachusetts, the company has evolved from a small machine shop serving New England textile mills into a leading global water technology provider. Watts Water Technologies, Inc. was incorporated as the parent company in Delaware in 1985.

The company operates across three geographic segments: the Americas, Europe, and Asia-Pacific, Middle East and Africa (APMEA). As of December 31, 2025, Watts employed approximately 5,700 employees globally, with 3,100 in the Americas, 1,900 in Europe, and 700 in APMEA.

Watts classifies its products into four global categories. Residential and commercial flow control and protection products, including backflow preventers, pressure regulators, thermostatic mixing valves, and leak detection systems, represented approximately 61 percent of net sales in 2025. HVAC and gas products, including boilers, water heaters, and heating solutions, accounted for approximately 23 percent of sales. Drainage and water reuse products represented 11 percent of sales, while water quality products comprised 5 percent of sales.

The company sells primarily through wholesale distributors, which accounted for approximately 66 percent of net sales in 2025, along with original equipment manufacturers (10 percent), specialty channels (21 percent), and do-it-yourself retail chains (3 percent). No single customer represented more than 10 percent of total net sales, though the top ten customers accounted for 23.4 percent of revenues.

Watts has completed 17 acquisitions since 2016, with eight strategic acquisitions in the last three years. The company maintains integrated manufacturing capabilities including a state-of-the-art lead-free foundry, machining operations, plastic extrusion, and injection molding facilities. The company has invested significantly in smart and connected technologies, launching Nexa, an intelligent water management solution for buildings that integrates sensing technologies and cloud-based software platforms.