Watts Water Technologies Reports Record Second Quarter 2026 Results

About this update from Watts Water Technologies, Inc.

Watts Water Technologies, Inc. (NYSE: WTS) – through its subsidiaries, one of the world’s leading manufacturers and providers of plumbing, heating and water quality products and solutions – today announced results for the second quarter of 2026. Chief Executive Officer Robert J. Pagano Jr. said, “We delivered another strong quarter, achieving record sales, operating income and EPS, with double-digit organic growth. These results reflect the strength of our diversified portfolio, disciplined execution, and our ability to capture long-term growth opportunities. Building on our first half performance, we are increasing our full year 2026 sales and margin outlook. While the trade and geopolitical environments remain dynamic, our teams continue to execute well and remain focused on serving our customers. Through continued investments in innovation, digital capabilities and the One Watts Performance System, we are enhancing our competitive position and expanding opportunities for profitable growth across our portfolio. This includes attractive markets such as data centers, where our differentiated capabilities continue to drive strong customer demand and where we see significant opportunity ahead. Supported by our healthy balance sheet, consistent cash generation and disciplined capital allocation, we believe we are well positioned to continue delivering value for our customers and shareholders. I would like to thank the Watts team for their commitment and dedication, which continue to drive our success.” A summary of second quarter financial results is as follows:     Second Quarter Ended       June 28,   June 29,       (In millions, except per share information)   2026   2025   % Change   Net sales   $ 763.2   $ 643.7   19 % Organic sales growth % (1)               12 %                     Operating income   $ 154.0   $ 135.3   14 % Operating margin %     20.2 %   21.0 % (80) bps                     Adjusted operating income (1)   $ 160.0   $ 139.1   15 % Adjusted operating margin % (1)     21.0 %   21.6 % (60) bps                     Dilut...

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