Full-Time
Backflow, valves, and smart water systems
$124k - $144k/yr
Remote in USA
Remote
Remote within the United States; minimum 50% travel for partner meetings, trainings, and internal events.
Bachelor's
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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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Health Insurance
Dental Insurance
401(k) Retirement Plan
Parental Leave
Paid Holidays
Paid Vacation
Professional Development Budget
Tuition Reimbursement
Gym Membership
Employee Discounts
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.
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.
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.
Watts Water Technologies stands out as a strong cash-generating stock, according to StockStory's analysis. The company, which manufactures water products and systems, posted a 12.4% free cash flow margin over the trailing 12 months. Watts Water's revenue grew 10.7% annually over five years, indicating market share gains. Its free cash flow margin improved by 6.1 percentage points during that period. StockStory warns against two other cash-producing stocks. Wolverine Worldwide showed flat sales over five years and a weak 6.6% free cash flow margin. Visteon faced declining sales of 2.2% annually over two years, with a low 12.3% gross margin reflecting competitive pressures. The analysis emphasises that cash generation alone doesn't guarantee investment success.
Watts Water Technologies will report its second quarter 2026 financial results after market close on 5 August 2026. The company has scheduled a conference call and webcast for 6 August at 9:00 EDT to discuss the results and outlook. The call will be accessible through the Investor Relations section of the company's website at www.watts.com. An archived version will remain available until 5 August 2027. Watts has appointed Ray Nash as Vice President of Investor Relations and FP&A. He will participate in the earnings call alongside Robert J. Pagano Jr, President and CEO, and Diane McClintock, CFO. Watts Water Technologies is a global manufacturer headquartered in the USA, providing plumbing, heating and water quality products for commercial, residential and industrial applications.