Company Description
Watts Water Technologies, Inc. (NYSE: WTS) is a global manufacturer in the plumbing, heating, and water quality industry. According to company disclosures, Watts operates through a family of companies and brands that offer plumbing, heating, and water quality products and solutions designed to control the efficiency, safety, and quality of water in commercial, residential, industrial, and institutional applications. The company is headquartered in the United States and its Class A common stock trades on the New York Stock Exchange under the symbol WTS.
Watts describes itself as providing one of the broadest plumbing, heating, and water quality product lines in the world. Its offerings include products and solutions used to manage water and heat in buildings and infrastructure, with a focus on controlling how water is delivered, used, and safeguarded in end markets such as non-residential buildings, homes, industrial facilities, and institutions. The company’s expertise in a variety of water technologies enables it to act as a comprehensive supplier to the water industry, as stated in its earnings releases.
Based on its industry classification, Watts participates in fluid power valve and hose fitting manufacturing within the broader manufacturing sector. In public descriptions, Watts emphasizes its role in plumbing and heating systems and in water quality management, positioning its portfolio around products and solutions that help customers address efficiency, safety, and water quality requirements in building and infrastructure systems.
Business model and product focus
Watts states that it is a manufacturer and provider of plumbing, heating, and water quality products and solutions. The company’s business model centers on designing, manufacturing, and supplying these products through its family of companies and brands. According to its public descriptions, Watts’ product lines support applications across commercial, residential, industrial, and institutional environments, with a focus on controlling water flow, managing heating and hot water, and addressing water quality.
The company’s own materials describe its capabilities as spanning water technologies that allow it to serve as a comprehensive supplier to the water industry. In addition to organic growth, Watts has highlighted acquisitions as a component of its strategy, with recent announcements noting completed acquisitions of companies whose offerings complement its plumbing, heating, and water quality solutions.
Geographic reach and segments
Watts characterizes itself as a global manufacturer headquartered in the USA. Its news releases and financial reports reference performance and operations across three primary regions: the Americas, Europe, and Asia-Pacific, Middle East and Africa (APMEA). The company reports sales and segment performance for these regions in its earnings materials, indicating that it serves customers and projects across multiple continents.
In the Polygon description, Watts is described as deriving key revenue from the Americas, followed by Europe and the APMEA region. This aligns with the company’s own regional reporting in its earnings releases, which provide separate discussions of performance in the Americas, Europe, and APMEA.
End markets and applications
Watts’ public descriptions identify its primary applications as commercial, residential, industrial, and institutional. Within these environments, its products and solutions are used to control water efficiency, safety, and quality. Earnings and acquisition announcements reference non-residential and industrial markets, as well as infrastructure-related sectors such as water, construction, and energy through acquired businesses.
For example, Watts has announced the acquisition of Saudi Cast, a manufacturer of cast iron and stainless steel drainage solutions serving non-residential and industrial markets in the Middle East, and the acquisition of Superior Boiler, a designer and manufacturer of customized steam and hot water boilers and related equipment for commercial, institutional, and industrial applications. These acquisitions, as described by Watts, are intended to expand its capabilities and presence in drainage and heating solutions that align with its core focus on water and heat management.
Representative product and solution categories
According to the Polygon company description, Watts’ portfolio includes:
- Residential and commercial flow control products for plumbing and hot water applications.
- HVAC and gas products, including commercial boilers, water heaters, and heating solutions.
- Drainage and water reuse products, including drainage products and engineered rainwater-harvesting solutions.
- Water quality products, including point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems.
The company also notes that its products are marketed under brands such as Watts, Apex, Bradley, and Nexa, among others. In its own news releases, Watts describes its offerings more broadly as plumbing, heating, and water quality products and solutions, and in some cases as innovative, specified products for applications such as emergency safety and hydration through acquired brands.
Growth, acquisitions, and corporate activity
Watts’ recent public communications highlight both organic performance and acquisition activity. In its second and third quarter 2025 earnings releases, the company reports sales growth and discusses contributions from acquisitions within the Americas region. It notes acquisitions such as I-CON and EasyWater contributing incremental sales, and it references the acquisition of Haws Corporation, a brand providing emergency safety and hydration solutions for industrial, institutional, and non-residential end markets.
In separate announcements, Watts reports the completion of the acquisition of Superior Boiler, which it describes as an industry-leading designer and manufacturer of customized steam and hot water boilers and related ancillary equipment for commercial, institutional, and industrial applications. It also reports the acquisition of Saudi Cast, a manufacturer of cast iron and stainless steel drainage solutions serving non-residential and industrial markets in the Middle East. These transactions are described as expanding Watts’ capabilities and geographic presence in heating and drainage solutions aligned with its water-focused portfolio.
Corporate governance and listing
Watts Water Technologies, Inc. is incorporated in Delaware, as disclosed in its Form 8-K filings. The company’s Class A common stock, par value $0.10 per share, is registered under Section 12(b) of the Securities Exchange Act and trades on the New York Stock Exchange under the symbol WTS. The company also has Class B common stock with different voting rights, as reflected in its consolidated balance sheet disclosures.
Recent SEC filings report board and executive changes, including the election of a new director and changes in the chief financial officer role. The company also reports on matters such as indemnification agreements for directors and executive compensation arrangements in connection with these appointments, consistent with typical public company governance practices.
Financial reporting and capital allocation
Watts provides regular financial updates through quarterly earnings releases and related Form 8-K filings. These materials include information on net sales, operating income, margins, net income, earnings per share, and cash flow, along with regional performance commentary for the Americas, Europe, and APMEA. The company also discusses non-GAAP measures such as organic sales growth, adjusted operating income, adjusted operating margin, free cash flow, and adjusted diluted earnings per share, with reconciliations provided in its earnings materials.
In its earnings releases, Watts discusses capital allocation activities such as stock repurchases under a board-authorized repurchase program and dividend declarations on its Class A and Class B common stock. The company also references its balance sheet position and its ability to support investments in the business and acquisitions.
Workplace recognition and culture
Watts has reported recognition for its workplace culture. According to a company news release, Watts has been named one of the Top Places to Work in Massachusetts by The Boston Globe for multiple consecutive years. This recognition is based on employee feedback regarding company direction, execution, management, compensation, benefits, and engagement, as collected by an independent employee engagement firm. Company leadership has publicly linked this recognition to its focus on providing a meaningful employee experience, career development, and competitive benefits.
Position within the manufacturing and water industries
Across its public statements, Watts consistently describes itself as one of the world’s leading manufacturers and providers of plumbing, heating, and water quality products and solutions, and as a world leader in the manufacturing of products to control the efficiency, safety, and quality of water within residential, commercial, and institutional applications. Its classification in fluid power valve and hose fitting manufacturing and its broad portfolio of flow control, HVAC and gas, drainage and water reuse, and water quality products position it within the manufacturing sector serving the water and building systems industries.
For investors and observers, Watts Water Technologies, Inc. represents a publicly traded U.S.-headquartered manufacturer focused on water-related technologies and building systems, with global operations across the Americas, Europe, and APMEA, and a portfolio that spans plumbing, heating, drainage, and water quality solutions marketed under multiple brands.