$20 billion in total available market opportunity. End markets are: Residential, Multi-Family/Commercial, Institutional/Educational, Healthcare, Light/General Industrial, Hospitality - Hotel/Foodservice, Data Centers
1Based on Company estimates of global market. (back to text)
Watts Water continues to address global secular macro themes
Provide the highest levels of performance in the safeguarding of water systems
Offer the most efficient conversion of energy sources into useful heat and hot water
Deliver drainage and pre-treatment systems that meet the design challenges of a water scarce world
We are pursuing growth by leveraging our products and delivering solutions – not just components. We are driving R&D for new product development based on “voice of the customer” feedback and are accelerating our Smart & Connected strategy.
Reducing consumption of natural resources and continuing to shift product portfolio to eco-friendly solutions
Committed to being a good corporate citizen of the world and our community and to a diverse and inclusive organization
Strong governance framework guided by our Code of Conduct and our Chief Sustainability Officer
ESG / DE&I Are Key Priorities • Continuous Journey to Improve
Our business model includes a large repair/replace component, and we have historically generated free cash flows that exceed 100% of our income. With steady cash flow and an efficient capital structure, we can flexibly deploy capital for organic growth, acquisitions, or shareholder returns in the form of dividends and share repurchases.