HIGHBuilt-inProduct / Revenue mix
61%
residential and commercial flow control products
“10-K Item 1: 'Residential & commercial flow control and protection products accounted for approximately 61%...of our total net sales in 2025'”
WTS · Concentration risk · 10-K extracted
Watts Water Technologies (WTS) concentration risks
Updated
The most significant concentration Watts Water Technologies discloses is residential and commercial flow control products at 61%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Watts Water Technologies’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 3 disclosed concentrations
HIGH2
MEDIUM0
LOW1
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
HIGHOutside partySupplier
single-sourced international components
“10-K Item 1A: 'We also source certain components and finished goods internationally, including some that are single-sourced.'”
LOWOutside partyCustomer
23.4%
top 10 customers
“10-K Item 1: 'Our top ten customers accounted for $570.3 million, or 23.4%, of our total net sales in 2025'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's concentration profile is led by a high-share structural product tilt, compounded by a high-share supply dependency and a small customer footprint. Residential and commercial flow control and protection products accounted for approximately 61% of total net sales in 2025 — a large, high-share structural concentration by disclosed size. The character is structural: the business is deliberately organized around this product category, and the concentration reflects strategic focus rather than customer dependency. Demand for these products ties to construction activity and plumbing infrastructure spending, both of which have their own cyclical and regulatory dynamics. On the supply side, the company sources certain components and finished goods internationally, including some that are single-sourced — a high-share dependency by disclosed size. The single-source nature of select international inputs introduces a supply chain vulnerability: a disruption at one of those sole-source suppliers could constrain production in the affected product lines with limited ability to substitute quickly. The customer base shows low concentration: the top ten customers accounted for $570.3 million, or 23.4%, of total net sales in 2025 — a small, low-share dependency by disclosed size. This indicates meaningful demand-side diversification, which partially offsets the supply-side concentration. On balance, the high-share product focus and the sole-source international supply dependency are the two primary risk factors to monitor, while the diversified customer base represents a favorable offset on the revenue side.
For the engine’s reasoning on WTS’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Specialty Industrial Machinery
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| CMI | Cummins Inc. | 2 | 1 | 0 | 3 |
| WTS● | Watts Water Technologies, Inc. | 2 | 0 | 1 | 3 |
| AOS | A.O. Smith Corporation | 1 | 1 | 1 | 3 |
| CR | Crane Company | 0 | 1 | 0 | 1 |
| AME | AMETEK, Inc. | 0 | 0 | 1 | 1 |
| BW | Babcock & Wilcox Enterprises, I | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.