Watts Water Technologies Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $340.8M | $291.2M | $262.1M | $251.5M | $165.7M | $114.3M | $131.5M | $128.0M |
| Depreciation & Amortization | $56.8M | $54.4M | $43.3M | $39.7M | $45.1M | $46.5M | $46.6M | $48.5M |
| Depreciation | $36.2M | $34.6M | $30.1M | $27.6M | $31.4M | $31.3M | $31.0M | $28.9M |
| Amortization | $20.6M | $19.8M | $13.2M | $12.1M | $13.7M | $15.2M | $15.6M | $19.6M |
| Stock-Based Compensation | $21.2M | $19.5M | $20.2M | $18.4M | $22.9M | $12.7M | $17.8M | $13.8M |
| Net Cash from Operating Activities | $402.0M | $361.1M | $310.8M | $224.0M | $180.8M | $228.8M | $194.0M | $169.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $45.7M | $35.3M | $29.7M | $28.1M | $26.7M | $43.8M | $29.2M | $35.9M |
| Business Acquisitions | $257.1M | $96.3M | $313.4M | — | $9.1M | $15.2M | $42.7M | $1.7M |
| Net Cash from Investing Activities | $-302.8M | $-124.7M | $-343.1M | $-22.9M | $-30.7M | $-54.8M | $-71.8M | $-35.9M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $16.0M | $17.0M | $16.0M | $69.4M | $16.0M | $28.9M | $19.5M | $26.0M |
| Net Cash from Financing Activities | $-96.9M | $-190.5M | $69.0M | $-121.7M | $-118.6M | $-181.9M | $-105.6M | $-202.9M |
| Net Change in Cash | $18.6M | $36.8M | $39.3M | $68.8M | $23.1M | $-800.0K | $15.6M | $-76.1M |
| Free Cash Flow | $356.3M | $325.8M | $281.1M | $195.9M | $154.1M | $185.0M | $164.8M | $133.5M |