W

Watts Water

Backflow, valves, and smart water systems

Product Manager

Full-Time
$120k - $140k/yr
Senior
Bachelor's
North Andover, MA, USA
HybridThree days on-site per week (Monday–Wednesday); remote work is available Thursday and Friday.
ProductProduct Management

About the job

Requirements
  • A bachelor's degree in Engineering, Marketing, or a similar field is required.
  • At least 5 years of related product management experience, ideally in target markets related to the product line, with a proven successful track record.
  • Proven success in developing and implementing strategic and financial business plans.
  • Ability to lead virtual teams and work across a matrix organization.
  • Sales channel and/or management experience.
  • Relevant engineering experience.
  • Knowledge of analytical tools such as Power BI, Tableau, and SAP is required.
  • Strong computer skills, including the Microsoft Office suite, are required.
  • Willingness to travel at least 25%, as required.
  • Ability to remain seated at a desk or workstation for extended periods.
  • Ability to perform repetitive tasks such as typing on a keyboard or using a mouse for extended periods.
  • Ability to physically move around the office and organize or transport files, packages, or other office-related materials.
  • Ability to read documents, use a computer, and perform data entry tasks.
  • Ability to communicate clearly with management and coworkers, particularly in meetings or phone calls.
  • Ability to operate standard office equipment such as computers, printers, phones, and copiers.
  • Ability to occasionally lift and carry light objects, such as office supplies, documents, or small equipment.
Responsibilities
  • Define product line strategy, develop the roadmap and product requirements, and act as the voice of the customer to deliver business cases, value, and growth.
  • Lead product development from ideation through launch and lifecycle management using New Product Development tools and the stage-gate process.
  • Develop and execute the long-term product lifecycle in a manufacturing environment.
  • Manage assigned projects in partnership with cross-functional teams.
  • Visit end users and specifiers to collect market intelligence, analyze and identify market needs, uncover and validate user problems, and adjust product priorities as needed.
  • Own growth and profitability for assigned product lines; use orders volume, sales, profitability, and other metrics and key performance indicators to track performance and guide decisions.
  • Ensure adherence to product line base-cost targets in line with the global plan while ensuring adequate investment in technology, marketing, and other areas to accomplish product line goals.
  • Develop and execute New Product Development launch plans, including coordination of internal and external resources, investment budgets, marketing campaigns and content, and sales plans.
  • Lead major reviews, including business plans, strategy plans, annual operating plans, and periodic estimates, incorporating financial projections and commitments for growth from commercial programs and new product introduction launches.
  • Work with sales and marketing to develop or improve product line go-to-market strategy and ensure sufficient and effective sales resources and channel partner strategy and management.
  • Understand market needs, trends, and competitor intelligence for assigned product lines; design, develop, track, and update competitive intelligence and market penetration databases.
  • Work with sourcing to create a secure and efficient supply chain for system delivery.
  • Build the mid-term strategy for priorities, partnerships, and business development.
  • Create or support training materials and lead training sessions to educate customers and Watts sales personnel on product technical features and benefits; travel to support training activities.
Desired Qualifications
  • Understanding and experience in the stage-gate process is preferred.

About the company

Watts Water Technologies provides plumbing and water-management products and solutions to improve water quality, safety, and conservation across residential, commercial, industrial, and municipal settings. Its lineup includes backflow preventers, water pressure regulators, temperature and pressure relief valves, and other flow-control components, plus smart connected systems for remote monitoring. The company serves wholesalers, OEMs, and plumbing and heating contractors across Americas, Europe, and APAC/Middle East/Africa regions. Its goal is to deliver reliable, safe, and efficient water management that protects public health and conserves water.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

North Andover, Massachusetts

Founded

1874

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Simplify's Take

What believers are saying

  • Q2 2026 sales reached $763 million; organic growth hit 12%.
  • Management lifted 2026 sales guidance to 14%-17% reported after strong pricing.
  • Data-center revenue reached 8% of first-half sales, with mid-single-digit full-year contribution.

What critics are saying

  • Adjusted operating margin fell 60 basis points in Q2 2026 from acquisitions and tariffs.
  • Europe organic growth guided only 1%-4%, leaving the region stuck in weakness.
  • A 2027 data-center slowdown would expose Watts' reliance on a single growth engine.

What makes Watts Water unique

  • Watts' data-center products tripled in Q2 2026, exposing a faster-growing niche.
  • Superior Boiler, Haws, and Saudi Cast broaden heating, safety, and drainage coverage.
  • The 80/20 program prunes low-margin SKUs, sharpening pricing power and mix.

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Benefits

  • Health Insurance
  • Dental Insurance
  • 401(k) Retirement Plan
  • Parental Leave
  • Paid Holidays
  • Paid Vacation
  • Professional Development Budget
  • Tuition Reimbursement
  • Gym Membership
  • Employee Discounts

Growth & Insights and Company News

6 month growth

4%

1 year growth

15%

2 year growth

19%
Yahoo Finance
Oct 9th, 2026
Watts Water Technologies shares climb 14.1% as revenue grows 9.9% annually

Watts Water Technologies has seen its stock climb 14.1% to $347.11 per share over the past six months, closely tracking the S&P 500's 14.3% gain. The company, which manufactures water products and systems for residential, commercial, and industrial applications globally, has demonstrated strong financial performance. Over the last five years, Watts Water Technologies achieved revenue growth of 9.9% compounded annually. Its earnings per share grew even faster at 19.2% annually, indicating improved profitability. The company's free cash flow margin expanded by 6.5 percentage points over the same period, reaching 13.1% for the trailing 12 months. This improvement suggests the business has become less capital-intensive whilst maintaining strong cash generation. The stock currently trades at 26.1 times forward price-to-earnings ratio.

Yahoo Finance
Sep 7th, 2026
Watts Water hits record $763M quarterly sales as data centre demand surges but margins slip 60 basis points

Watts Water Technologies reported second quarter net sales of $763 million, up 19% on a reported basis and 12% organically year-over-year. Diluted earnings per share climbed to $3.53, up 17%, while adjusted diluted EPS reached $3.66, up 18%. Data center demand drove growth across all regions, particularly in APMEA, where sales jumped 57% reported and 31% organically. The company raised its full-year sales growth outlook to 14%-17% reported, or 8%-11% organically. However, operating margin fell 80 basis points to 20.2%, pressured by acquisition dilution, inflation, and tariffs. The Americas segment saw margins drop 150 basis points. Free cash flow for the first half declined to $98 million from $105 million a year earlier.

Yahoo Finance
Aug 8th, 2026
Watts Water Technologies raises 2026 guidance on data centre demand, shares jump 13%

Watts Water Technologies reported second-quarter 2026 results with sales rising to $763.2 million and net income reaching $118.3 million. The company raised its full-year 2026 guidance, now expecting reported sales growth of 14% to 17% and operating margin between 19.4% and 20%. Management attributed the improved outlook to surging data centre demand and favourable pricing. The company maintained its $0.63 quarterly dividend and completed a modest share repurchase. The raised guidance projects $3.0 billion revenue and $493.7 million earnings by 2029, requiring 6.0% yearly revenue growth. However, some analysts remain cautious about long-term pressure from mature markets and new technologies. The stock rose 13.4% following the announcement.

Yahoo Finance
Aug 7th, 2026
Watts jumps 25% in three months as data centre sales triple

Watts Water Technologies shares have risen 25.1% over three months, driven by strong second-quarter results and surging data centre demand. The company posted record Q2 sales of $763.2 million, up 18.6% year-over-year, with organic sales growing 12.2%. Adjusted earnings increased 18.4% to $3.66 per share, beating consensus estimates by 9.6%. Data centre sales more than tripled year-over-year and now represent 8% of first-half sales, up from 3% in 2025. Management raised its 2026 reported sales growth outlook to 14%–17% from 8%–12%. Organic growth guidance increased to 8%–11% from 2%–6%. Third-quarter organic growth is forecast to moderate to 5%–8%, suggesting the second quarter's pace may not repeat.

Yahoo Finance
Aug 5th, 2026
Watts Water Technologies beats Q2 revenue expectations with sales up 18.6% to $763M

Watts Water Technologies reported second quarter 2026 results that surpassed Wall Street expectations. The water management manufacturer posted revenue of $763.2 million, up 18.6% year on year and beating analyst estimates of $727.3 million by 4.9%. The company's non-GAAP earnings per share of $3.66 exceeded consensus estimates of $3.34 by 9.7%. Operating margin held steady at 20.2%, whilst free cash flow margin improved to 12% from 9.2% in the prior-year quarter. Organic revenue rose 12% year on year, outperforming expectations. Over the past five years, Watts Water has grown sales at a 9.9% compound annual growth rate. Analysts project revenue growth of 4.7% over the next 12 months, representing a deceleration from recent trends.