FLS vs. WTS: Flowserve vs. Watts Water Stock Comparison
How do Flowserve (FLS) and Watts Water (WTS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Flowserve (FLS) and Watts Water (WTS) are both classified in the Industrial Machinery & Supplies & Components sub-industry within the broader Machinery industry, placing them in the closest GICS peer bucket.
| Profile Item | FLS | WTS |
|---|---|---|
| Name | Flowserve Corporation | Watts Water Technologies, Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Machinery |
| GICS Sub-Industry | Industrial Machinery & Supplies & Components | Industrial Machinery & Supplies & Components |
| Market Capitalization | 10.19 billion USD | 11.55 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | August 21, 1986 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FLS | WTS |
|---|---|---|
| Total Return (1Y) | 24.11% | 33.85% |
| Total Return (3Y, Annualized) | 33.68% | 25.59% |
| Total Return (5Y, Annualized) | 22.48% | 12.56% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FLS | WTS |
|---|---|---|
| Volatility (1Y, Annualized) | 42.18% | 27.38% |
| Beta (5Y) | 1.24 | 1.11 |
| Max Drawdown (5Y) | -38.76% | -44.08% |
| Avg. Volume (3M) | 1.61M | 225.08K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FLS | WTS |
|---|---|---|
| Sharpe Ratio (1Y) | 0.47 | 1.08 |
| Sortino Ratio (1Y) | 0.70 | 1.78 |
Profitability
ROE (TTM)
Watts Water (WTS) at 20.91% sits in the top ROE quartile, while Flowserve (FLS) at 11.61% is closer to the peer norm — stronger capital efficiency for WTS.
FLS
Capital Goods industry group
11.61%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- FLS
- 11.61%
- Q1
- 4.08%
- Min
- -17.12%
WTS
Capital Goods industry group
20.91%
- Max
- 40.55%
- WTS
- 20.91%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
Watts Water (WTS) at 16.00% retains a top-quartile share of revenue as profit, ahead of Flowserve (FLS) at 5.42%, which keeps about the industry-typical share.
FLS
Capital Goods industry group
5.42%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- FLS
- 5.42%
- Q1
- 1.40%
- Min
- -12.89%
WTS
Capital Goods industry group
16.00%
- Max
- 27.47%
- WTS
- 16.00%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Watts Water (WTS) at 20.85% operates in the top operating margin quartile, ahead of Flowserve (FLS) at 13.45%, which runs around its industry’s norm.
FLS
Capital Goods industry group
13.45%
- Max
- 36.60%
- Q3
- 18.33%
- FLS
- 13.45%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
WTS
Capital Goods industry group
20.85%
- Max
- 36.60%
- WTS
- 20.85%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | FLS | WTS |
|---|---|---|
| ROE (TTM) | 11.61% | 20.91% |
| ROA (TTM) | 6.36% | 12.05% |
| Net Margin (TTM) | 5.42% | 16.00% |
| Operating Margin (TTM) | 13.45% | 20.85% |
| Gross Margin (TTM) | 35.30% | 49.09% |
Growth
Revenue Growth
Both Flowserve (FLS) at 3.76% and Watts Water (WTS) at 8.27% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Flowserve (FLS) at 23.36% and Watts Water (WTS) at 17.03% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | FLS | WTS |
|---|---|---|
| Revenue Growth (YoY) | 3.76% | 8.27% |
| Revenue Growth (3Y CAGR) | 9.37% | 7.20% |
| EPS Growth (YoY) | 23.36% | 17.03% |
| EPS Growth (3Y CAGR) | 22.39% | 10.78% |
Financial Strength
Current Ratio (MRQ)
Both Flowserve (FLS) at 2.10 and Watts Water (WTS) at 2.80 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
FLS
Capital Goods industry group
2.10
- Max
- 5.22
- Q3
- 2.95
- FLS
- 2.10
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
WTS
Capital Goods industry group
2.80
- Max
- 5.22
- Q3
- 2.95
- WTS
- 2.80
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Watts Water (WTS) at 0.08 keeps leverage in the lower industry quartile, while Flowserve (FLS) at 0.95 runs a more typical debt-to-equity mix.
FLS
Capital Goods industry group
0.95
- Max
- 2.33
- Q3
- 1.12
- FLS
- 0.95
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
WTS
Capital Goods industry group
0.08
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- WTS
- 0.08
- Min
- 0.00
Financial Strength Metrics
| Metric | FLS | WTS |
|---|---|---|
| Current Ratio (MRQ) | 2.10 | 2.80 |
| Debt / Equity (MRQ) | 0.95 | 0.08 |
| Net Debt / EBITDA | 2.08 | -0.40 |
Dividends
Dividend Yield (TTM)
Both Flowserve (FLS) at 1.11% and Watts Water (WTS) at 0.66% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
FLS
Capital Goods industry group
1.11%
- Max
- 2.66%
- Q3
- 1.14%
- FLS
- 1.11%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
WTS
Capital Goods industry group
0.66%
- Max
- 2.66%
- Q3
- 1.14%
- WTS
- 0.66%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Watts Water (WTS) at 17.24% pays out a band-typical share of earnings, while Flowserve (FLS) at 43.50% distributes more than its industry norm — less retained, thinner cover.
FLS
Capital Goods industry group
43.50%
- Max
- 67.39%
- FLS
- 43.50%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
WTS
Capital Goods industry group
17.24%
- Max
- 67.39%
- Q3
- 28.02%
- WTS
- 17.24%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FLS | WTS |
|---|---|---|
| Dividend Yield (TTM) | 1.11% | 0.66% |
| Dividend Payout Ratio (TTM) | 43.50% | 17.24% |
Valuation
P/E Ratio (TTM)
Watts Water (WTS) at 25.95 is near its industry’s usual P/E ratio, while Flowserve (FLS) at 40.19 sits in the richer quartile — FLS needs stronger growth or earnings quality to justify the premium.
FLS
Capital Goods industry group
40.19
- Max
- 59.38
- FLS
- 40.19
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
WTS
Capital Goods industry group
25.95
- Max
- 59.38
- Q3
- 35.92
- WTS
- 25.95
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Flowserve (FLS) at 2.17 is priced about in line with its industry on P/S ratio, while Watts Water (WTS) at 4.14 sits in the pricier quartile — WTS costs more per dollar of sales.
FLS
Capital Goods industry group
2.17
- Max
- 7.54
- Q3
- 3.76
- FLS
- 2.17
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
WTS
Capital Goods industry group
4.14
- Max
- 7.54
- WTS
- 4.14
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
On P/B ratio, both Flowserve (FLS) at 4.40 and Watts Water (WTS) at 4.98 are valued close to their industries’ norm against book — neither stands out from peers.
FLS
Capital Goods industry group
4.40
- Max
- 9.66
- Q3
- 5.00
- FLS
- 4.40
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
WTS
Capital Goods industry group
4.98
- Max
- 9.66
- Q3
- 5.00
- WTS
- 4.98
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | FLS | WTS |
|---|---|---|
| P/E Ratio (TTM) | 40.19 | 25.95 |
| P/S Ratio (TTM) | 2.17 | 4.14 |
| P/B Ratio (MRQ) | 4.40 | 4.98 |
| Free Cash Flow Yield (TTM) | 3.62% | 2.21% |