Skip to main content

WATTS WATER TECHNOLOGIES INC

For the period ended Dec 31, 2024. Filed Feb 18, 2025.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 18, 2025

WTS$359.63+3.9%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Table of Contents

​ · ​ · Page
PART I. · ​ · ​
Item 1.​BUSINESS3
Item 1A.​RISK FACTORS17
Item 1B.​UNRESOLVED STAFF COMMENTS28
Item 1C.​CYBERSECURITY28
Item 2.​PROPERTIES30
Item 3.​LEGAL PROCEEDINGS31
Item 4.​MINE SAFETY DISCLOSURES31
​ · ​
PART II​​
Item 5.​MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES31
Item 6.​[RESERVED]33
Item 7.​MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS33
Item 7A.​QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK48
Item 8.​FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA48
Item 9.​CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE48
Item 9A.​CONTROLS AND PROCEDURES49
Item 9B.​OTHER INFORMATION50
Item 9C.​DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS50
​ · ​
PART III​​
Item 10.​DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE50
Item 11.​EXECUTIVE COMPENSATION50
Item 12.​SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS51
Item 13.​CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE51
Item 14.​PRINCIPAL ACCOUNTANT FEES AND SERVICES51
​ · ​
PART IV​​​
Item 15.​EXHIBITS, FINANCIAL STATEMENT SCHEDULES52
​​​​
EXHIBIT INDEX​​99
SIGNATURES102

This Annual Report on Form 10-K contains statements that are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements contain projections of our future results of operations or our financial position or state other forward-looking information. In some cases, you can identify these forward-looking statements by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” and “would” or similar words. The forward-looking statements contained in this report include statements regarding our products and product development, our strategy and transformational initiatives, our anticipated financial performance and financial condition, the strength of our supply chain, acquisitions or divestitures, impacts from changes in regulation and law including tariffs, industry trends, dividend payments, and expectations regarding legal and regulatory matters. You should not rely on forward-looking statements because they involve known and unknown risks, uncertainties and other factors, some of which are beyond our control. These risks, uncertainties and other factors may cause our actual results, performance or achievements to differ materially from the anticipated future results, performance or achievements expressed or implied by the forward-looking statements. Some of the factors that might cause these differences are described under Item 1A—“Risk Factors.” You should carefully review all of these factors, and you should be aware that there may be other factors that could cause these differences. These forward-looking statements were based on information, plans and estimates at the date of this report, and, except as required by law, we undertake no obligation to update any forward-looking statements to reflect changes in underlying assumptions or factors, new information, future events or other changes.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.