Watts Historical Income Statement

WTS Stock

USD 210.80 4.24 2.05%

Historical analysis of Watts Water income statement accounts such as Depreciation And Amortization of 34.5 M, Interest Expense of 7.8 M, Total Revenue of 1.1 B or Gross Profit of 1 B can show how well Watts Water Technologies performed in making a profits. Evaluating Watts Water income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Watts Water's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Watts Water Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Watts Water Technologies is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Watts Water Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About Watts Income Statement Analysis

Watts Water Technologies Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Watts Water shareholders. The income statement also shows Watts investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Watts Water Income Statement Chart

At this time, Watts Water's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Research Development is likely to gain to about 70.5 M in 2024, whereas Interest Expense is likely to drop slightly above 7.8 M in 2024.

Interest Expense Total Revenue Gross Profit Other Operating Expenses Ebitda Net Interest Income

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Watts Water Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Watts Water Technologies minus its cost of goods sold. It is profit before Watts Water operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Watts Water Technologies. It is also known as Watts Water overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Most accounts from Watts Water's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Watts Water Technologies current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Watts Water Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

	2021	2022	2023	2024 (projected)
Interest Expense	6.3M	7M	8.2M	7.8M
Depreciation And Amortization	45.1M	39.7M	43.3M	34.5M

Interest Expense Depreciation And Amortization

Watts Water income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Research Development	Minority Interest	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Selling And Marketing Expenses	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.72	0.74	0.38	0.81	-0.01	0.09	0.2	0.83	0.57	-0.05	-0.27	-0.09	0.09	0.73	0.04	-0.95	-0.14	-0.21	0.14	-0.14	-0.33	0.13	-0.19	-0.12	0.17
Interest Expense	0.72		0.17	-0.23	0.28	-0.53	-0.47	-0.38	0.34	-0.01	-0.58	-0.4	-0.59	-0.48	0.2	-0.55	-0.54	-0.37	-0.66	0.27	0.1	-0.59	-0.5	0.35	-0.71	0.68
Total Revenue	0.74	0.17		0.71	0.99	0.44	0.54	0.6	0.98	0.77	0.41	-0.06	0.4	0.42	0.97	0.51	-0.9	0.22	0.3	-0.01	-0.33	0.27	0.44	-0.37	0.42	-0.34
Gross Profit	0.38	-0.23	0.71		0.67	0.82	0.94	0.96	0.64	0.96	0.8	0.09	0.78	0.81	0.72	0.92	-0.55	0.6	0.72	-0.08	-0.33	0.44	0.68	-0.6	0.84	-0.83
Other Operating Expenses	0.81	0.28	0.99	0.67		0.34	0.46	0.54	0.99	0.77	0.31	-0.16	0.3	0.34	0.97	0.43	-0.94	0.15	0.19	0.07	-0.31	0.19	0.36	-0.31	0.32	-0.25
Operating Income	-0.01	-0.53	0.44	0.82	0.34		0.95	0.94	0.32	0.64	1.0	0.6	0.99	0.92	0.38	0.89	-0.2	0.62	0.98	-0.58	-0.37	0.58	0.74	-0.66	0.88	-0.87
Ebit	0.09	-0.47	0.54	0.94	0.46	0.95		0.99	0.43	0.81	0.95	0.34	0.94	0.9	0.52	0.97	-0.3	0.69	0.91	-0.32	-0.35	0.59	0.72	-0.63	0.93	-0.93
Ebitda	0.2	-0.38	0.6	0.96	0.54	0.94	0.99		0.51	0.86	0.93	0.3	0.91	0.9	0.59	0.96	-0.39	0.66	0.87	-0.29	-0.36	0.54	0.72	-0.64	0.9	-0.89
Cost Of Revenue	0.83	0.34	0.98	0.64	0.99	0.32	0.43	0.51		0.74	0.29	-0.14	0.28	0.3	0.94	0.38	-0.95	0.11	0.16	0.04	-0.36	0.21	0.29	-0.23	0.27	-0.21
Total Operating Expenses	0.57	-0.01	0.77	0.96	0.77	0.64	0.81	0.86	0.74		0.62	-0.12	0.59	0.68	0.8	0.81	-0.69	0.49	0.51	0.1	-0.28	0.28	0.58	-0.53	0.69	-0.68
Income Before Tax	-0.05	-0.58	0.41	0.8	0.31	1.0	0.95	0.93	0.29	0.62		0.61	1.0	0.92	0.36	0.89	-0.15	0.62	0.98	-0.57	-0.35	0.59	0.75	-0.66	0.89	-0.88
Total Other Income Expense Net	-0.27	-0.4	-0.06	0.09	-0.16	0.6	0.34	0.3	-0.14	-0.12	0.61		0.62	0.5	-0.18	0.21	0.17	0.12	0.64	-0.97	-0.14	0.23	0.4	-0.43	0.27	-0.24
Net Income	-0.09	-0.59	0.4	0.78	0.3	0.99	0.94	0.91	0.28	0.59	1.0	0.62		0.88	0.34	0.88	-0.13	0.6	0.99	-0.59	-0.35	0.63	0.7	-0.62	0.88	-0.89
Income Tax Expense	0.09	-0.48	0.42	0.81	0.34	0.92	0.9	0.9	0.3	0.68	0.92	0.5	0.88		0.38	0.86	-0.24	0.63	0.86	-0.47	-0.31	0.36	0.87	-0.77	0.85	-0.78
Selling General Administrative	0.73	0.2	0.97	0.72	0.97	0.38	0.52	0.59	0.94	0.8	0.36	-0.18	0.34	0.38		0.51	-0.87	0.3	0.25	0.12	-0.22	0.24	0.41	-0.36	0.41	-0.35
Research Development	0.04	-0.55	0.51	0.92	0.43	0.89	0.97	0.96	0.38	0.81	0.89	0.21	0.88	0.86	0.51		-0.24	0.69	0.86	-0.17	-0.3	0.55	0.74	-0.62	0.96	-0.97
Minority Interest	-0.95	-0.54	-0.9	-0.55	-0.94	-0.2	-0.3	-0.39	-0.95	-0.69	-0.15	0.17	-0.13	-0.24	-0.87	-0.24		0.0	0.0	-0.06	0.26	0.08	-0.26	0.25	-0.1	0.04
Discontinued Operations	-0.14	-0.37	0.22	0.6	0.15	0.62	0.69	0.66	0.11	0.49	0.62	0.12	0.6	0.63	0.3	0.69	0.0		0.63	-0.09	-0.2	0.47	0.34	-0.28	0.67	-0.66
Net Income From Continuing Ops	-0.21	-0.66	0.3	0.72	0.19	0.98	0.91	0.87	0.16	0.51	0.98	0.64	0.99	0.86	0.25	0.86	0.0	0.63		-0.6	-0.32	0.65	0.67	-0.59	0.88	-0.89
Non Recurring	0.14	0.27	-0.01	-0.08	0.07	-0.58	-0.32	-0.29	0.04	0.1	-0.57	-0.97	-0.59	-0.47	0.12	-0.17	-0.06	-0.09	-0.6		0.25	-0.2	-0.34	0.37	-0.21	0.19
Non Operating Income Net Other	-0.14	0.1	-0.33	-0.33	-0.31	-0.37	-0.35	-0.36	-0.36	-0.28	-0.35	-0.14	-0.35	-0.31	-0.22	-0.3	0.26	-0.2	-0.32	0.25		-0.49	-0.05	-0.17	-0.28	0.28
Selling And Marketing Expenses	-0.33	-0.59	0.27	0.44	0.19	0.58	0.59	0.54	0.21	0.28	0.59	0.23	0.63	0.36	0.24	0.55	0.08	0.47	0.65	-0.2	-0.49		0.14	0.05	0.65	-0.65
Tax Provision	0.13	-0.5	0.44	0.68	0.36	0.74	0.72	0.72	0.29	0.58	0.75	0.4	0.7	0.87	0.41	0.74	-0.26	0.34	0.67	-0.34	-0.05	0.14		-0.91	0.76	-0.65
Interest Income	-0.19	0.35	-0.37	-0.6	-0.31	-0.66	-0.63	-0.64	-0.23	-0.53	-0.66	-0.43	-0.62	-0.77	-0.36	-0.62	0.25	-0.28	-0.59	0.37	-0.17	0.05	-0.91		-0.59	0.52
Net Interest Income	-0.12	-0.71	0.42	0.84	0.32	0.88	0.93	0.9	0.27	0.69	0.89	0.27	0.88	0.85	0.41	0.96	-0.1	0.67	0.88	-0.21	-0.28	0.65	0.76	-0.59		-0.97
Reconciled Depreciation	0.17	0.68	-0.34	-0.83	-0.25	-0.87	-0.93	-0.89	-0.21	-0.68	-0.88	-0.24	-0.89	-0.78	-0.35	-0.97	0.04	-0.66	-0.89	0.19	0.28	-0.65	-0.65	0.52	-0.97

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Watts Water Account Relationship Matchups

Watts Water income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	51.8M	46.5M	45.1M	39.7M	43.3M	34.5M
Interest Expense	14.1M	13.3M	6.3M	7M	8.2M	7.8M
Total Revenue	1.6B	1.5B	1.8B	2.0B	2.1B	1.1B
Gross Profit	677.5M	625.4M	767.1M	874.3M	960.9M	1.0B
Other Operating Expenses	1.4B	1.3B	1.6B	1.7B	1.7B	952.4M
Operating Income	197.1M	181.1M	239.6M	315M	356.4M	374.2M
Ebit	197.1M	180.3M	240.4M	314.6M	357.7M	375.6M
Ebitda	248.9M	226.8M	285.5M	354.3M	401M	421.1M
Cost Of Revenue	923M	883.2M	1.0B	1.1B	1.1B	653.8M
Total Operating Expenses	476.1M	432.4M	508.2M	550.5M	604.5M	634.7M
Income Before Tax	183.9M	167M	234.1M	307.6M	349.5M	367.0M
Total Other Income Expense Net	(13.2M)	(14.1M)	(5.5M)	(7.4M)	(6.9M)	(7.2M)
Net Income	131.5M	114.3M	165.7M	251.5M	262.1M	275.2M
Income Tax Expense	52.4M	52.7M	68.4M	56.1M	87.4M	91.8M
Selling General Administrative	418.5M	377.4M	438.8M	477.1M	533M	317.1M
Net Income Applicable To Common Shares	131.5M	114.3M	165.7M	251.5M	289.2M	303.7M
Research Development	39.6M	42.2M	45.6M	59.4M	67.1M	70.5M
Net Income From Continuing Ops	131.5M	114.3M	165.7M	251.5M	275M	288.8M
Non Operating Income Net Other	900K	(800K)	800K	(400K)	(360K)	(342K)
Selling And Marketing Expenses	57.6M	55M	69.4M	73.4M	71.5M	65.8M
Tax Provision	52.4M	52.7M	68.4M	56.1M	61.9M	55.4M
Interest Income	400K	13.1M	6.3M	6.4M	4.3M	5.0M
Net Interest Income	(13.7M)	(13.1M)	(6.3M)	(6.4M)	(2.1M)	(2.2M)
Reconciled Depreciation	46.6M	46.5M	45.1M	39.7M	39.9M	36.4M

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Watts Historical Income Statement

About Watts Income Statement Analysis

Watts Water Income Statement Chart

Interest Expense

Total Revenue

Gross Profit

Other Operating Expenses

Net Interest Income

Watts Water income statement Correlations

Watts Water Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Watts Water income statement Accounts

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Income Before Tax	+ 1.0	Operating Income
Net Income	+ 1.0	Income Before Tax
Other Operating Expenses	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Other Operating Expenses
Net Income	+ 0.99	Operating Income
Ebitda	+ 0.99	Ebit

Reconciled Depreciation	- 0.97	Net Interest Income
Reconciled Depreciation	- 0.97	Research Development
Non Recurring	- 0.97	Total Other Income Expense Net
Minority Interest	- 0.95	Cost Of Revenue
Minority Interest	- 0.95	Depreciation And Amortization
Minority Interest	- 0.94	Other Operating Expenses