)

Watts Water (WTS) investor relations material
Watts Water Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Achieved record Q2 2025 sales of $644M, up 8% reported and 6% organic, led by strong Americas growth, favorable pricing, and recent acquisitions, while Europe and APMEA declined.
Operating income rose 21–24% to $139M, with adjusted operating margin at 21.6%, up 280 bps.
Adjusted EPS increased 26% to $3.09; net income for Q2 was $100.9M, up 23%.
Integration of EasyWater, Bradley, Josam, and I-CON acquisitions is ahead of schedule, expanding water quality and intelligent controls offerings.
Major restructuring in France initiated, with $23.2M in expected pre-tax charges and $3M annual savings by 2026.
Financial highlights
Q2 net sales reached $643.7M, up 8% year-over-year; Americas organic sales up 10–11%, Europe down 8%, APMEA down 1%.
Adjusted EBITDA rose 22% to $153M; adjusted EBITDA margin at 23.8%, up 280 bps.
Gross profit for Q2 was $325.9M (50.6% margin), up from $284.8M (47.7%).
Free cash flow for the first half was $105M, down from $120M due to higher capex and working capital.
Net income for Q2 was $100.9M; cash and cash equivalents at quarter-end were $369.3M.
Outlook and guidance
Raised full-year 2025 sales and margin outlook; reported sales growth expected at 2–5%, organic flat to 3%.
Adjusted operating margin forecasted at 18.2–18.8%, up 50–110 bps; Q3 organic sales growth expected at 2–5%.
Free cash flow expected to be ≥100% of net income for the year.
Outlook incorporates $40M in direct tariff costs and ongoing cost actions.
Capex for FY 2025 expected at $58M; $25–$30M planned for H2 2025.
Next Watts Water earnings date

Next Watts Water earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage