Business Description
Watts Water Technologies Inc (Watts Water Technologies), is a provider of water technologies and solutions. The company operates through three reportable business segments and four product categories of Residential & Commercial Flow Control, HVAC and Gas Products, Drainage and Water Re-use Products, and Water Quality Products. In FY2022, the segment's capital expenditure stood at US$28.1 million, which grew 5.2% YoY.
R&D Overview
Watts Water Technologies maintains its quality offering of products through the help of new product developments and innovation. The company develops, designs, and has testing laboratories in the Americas, Europe, and APMEA to enhance existing products and develop new products and solutions, that focus on sustainable customer-centric technological innovation and smart and connected solutions. It maintains sophisticated product development and testing laboratories and continues to invest in the smart and connected product pipeline. Watts Water Technologies also focuses on technologies to prevent leaks and leak detection. With the help of R&D, the company was able to develop and launch 20 new smart and connected product offerings. The company has a portfolio of over 400 listed patents worldwide. In FY2022, the company spent US$59 .4 million on R&D, which as a percentage of revenue, stood at 3% and grew 30.8% YoY.
Product Categories
- Drainage and Water Re-use Products
- HVAC & Gas Products
- Residential & Commercial Flow Control
- Water Quality Products
Overview
Offers drainage products and engineered rainwater harvesting solutions.
Performance
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Overview
Offers commercial high-efficiency boilers, water heaters, custom heat and hot water solutions, hydronic and electric heating systems, hydronic pumps; and flexible stainless-steel connectors.
Performance
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Overview
Offers products used in plumbing and hot water applications such as backflow preventers, water pressure regulators, temperature and pressure relief valves, thermostatic mixing valves, and leak detection and protection products.
Performance
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Overview
Offers point-of-use and point-of-entry water filtration, monitoring, conditioning, and scale prevention systems.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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