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Side-by-side financial comparison of ALBANY INTERNATIONAL CORP (AIN) and WATTS WATER TECHNOLOGIES INC (WTS). Click either name above to swap in a different company.

WATTS WATER TECHNOLOGIES INC is the larger business by last-quarter revenue ($625.1M vs $321.2M, roughly 1.9× ALBANY INTERNATIONAL CORP). WATTS WATER TECHNOLOGIES INC runs the higher net margin — 13.4% vs 4.3%, a 9.1% gap on every dollar of revenue. On growth, WATTS WATER TECHNOLOGIES INC posted the faster year-over-year revenue change (15.7% vs 12.0%). WATTS WATER TECHNOLOGIES INC produced more free cash flow last quarter ($140.3M vs $51.4M). Over the past eight quarters, WATTS WATER TECHNOLOGIES INC's revenue compounded faster (4.6% CAGR vs 1.2%).

Albany International Corp is a global advanced materials and industrial technology company. It operates two core segments: Machine Clothing producing custom engineered fabrics for paper and other industrial manufacturing processes, and Engineered Composites developing high-performance composite components primarily for the aerospace and defense sectors, serving customers across North America, Europe, Asia and other global regions.

AERCO International, Inc. is a manufacturer and supplier of commercial condensing boilers, high efficiency water heating equipment and energy recovery systems in the HVAC/plumbing industry across a variety of markets including education, lodging, government, office buildings, healthcare, industrial and multifamily housing. In 1949, AERCO introduced the industry's first semi-instantaneous, tankless steam-to-water water heater. In 1988, AERCO introduced the first condensing and fully modulating...

AIN vs WTS — Head-to-Head

Bigger by revenue
WTS
WTS
1.9× larger
WTS
$625.1M
$321.2M
AIN
Growing faster (revenue YoY)
WTS
WTS
+3.7% gap
WTS
15.7%
12.0%
AIN
Higher net margin
WTS
WTS
9.1% more per $
WTS
13.4%
4.3%
AIN
More free cash flow
WTS
WTS
$88.9M more FCF
WTS
$140.3M
$51.4M
AIN
Faster 2-yr revenue CAGR
WTS
WTS
Annualised
WTS
4.6%
1.2%
AIN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AIN
AIN
WTS
WTS
Revenue
$321.2M
$625.1M
Net Profit
$13.9M
$83.7M
Gross Margin
31.1%
49.5%
Operating Margin
9.3%
18.2%
Net Margin
4.3%
13.4%
Revenue YoY
12.0%
15.7%
Net Profit YoY
-21.5%
24.0%
EPS (diluted)
$0.56
$2.50

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIN
AIN
WTS
WTS
Q4 25
$321.2M
$625.1M
Q3 25
$261.4M
$611.7M
Q2 25
$311.4M
$643.7M
Q1 25
$288.8M
$558.0M
Q4 24
$286.9M
$540.4M
Q3 24
$298.4M
$543.6M
Q2 24
$332.0M
$597.3M
Q1 24
$313.3M
$570.9M
Net Profit
AIN
AIN
WTS
WTS
Q4 25
$13.9M
$83.7M
Q3 25
$-97.8M
$82.2M
Q2 25
$9.2M
$100.9M
Q1 25
$17.4M
$74.0M
Q4 24
$17.7M
$67.5M
Q3 24
$18.0M
$69.1M
Q2 24
$24.6M
$82.0M
Q1 24
$27.3M
$72.6M
Gross Margin
AIN
AIN
WTS
WTS
Q4 25
31.1%
49.5%
Q3 25
-19.1%
48.8%
Q2 25
31.3%
50.6%
Q1 25
33.4%
48.8%
Q4 24
31.5%
46.7%
Q3 24
30.3%
47.3%
Q2 24
33.9%
47.7%
Q1 24
34.7%
46.9%
Operating Margin
AIN
AIN
WTS
WTS
Q4 25
9.3%
18.2%
Q3 25
-44.6%
18.2%
Q2 25
7.2%
21.0%
Q1 25
9.8%
15.7%
Q4 24
8.5%
16.5%
Q3 24
8.4%
17.1%
Q2 24
12.9%
18.7%
Q1 24
12.4%
16.9%
Net Margin
AIN
AIN
WTS
WTS
Q4 25
4.3%
13.4%
Q3 25
-37.4%
13.4%
Q2 25
2.9%
15.7%
Q1 25
6.0%
13.3%
Q4 24
6.2%
12.5%
Q3 24
6.0%
12.7%
Q2 24
7.4%
13.7%
Q1 24
8.7%
12.7%
EPS (diluted)
AIN
AIN
WTS
WTS
Q4 25
$0.56
$2.50
Q3 25
$-3.37
$2.45
Q2 25
$0.31
$3.01
Q1 25
$0.56
$2.21
Q4 24
$0.57
$2.02
Q3 24
$0.57
$2.06
Q2 24
$0.79
$2.44
Q1 24
$0.87
$2.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIN
AIN
WTS
WTS
Cash + ST InvestmentsLiquidity on hand
$112.3M
$405.5M
Total DebtLower is stronger
$455.7M
Stockholders' EquityBook value
$726.2M
$2.0B
Total Assets
$1.7B
$2.9B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIN
AIN
WTS
WTS
Q4 25
$112.3M
$405.5M
Q3 25
$108.3M
$457.7M
Q2 25
$106.7M
$369.3M
Q1 25
$119.4M
$336.8M
Q4 24
$115.3M
$386.9M
Q3 24
$127.2M
$303.9M
Q2 24
$116.4M
$279.4M
Q1 24
$125.4M
$237.1M
Total Debt
AIN
AIN
WTS
WTS
Q4 25
$455.7M
Q3 25
$480.6M
Q2 25
$444.7M
Q1 25
$416.4M
Q4 24
$318.5M
Q3 24
$362.2M
Q2 24
$377.1M
Q1 24
$439.1M
Stockholders' Equity
AIN
AIN
WTS
WTS
Q4 25
$726.2M
$2.0B
Q3 25
$739.3M
$2.0B
Q2 25
$888.6M
$1.9B
Q1 25
$900.0M
$1.8B
Q4 24
$943.5M
$1.7B
Q3 24
$991.0M
$1.7B
Q2 24
$967.5M
$1.6B
Q1 24
$967.5M
$1.6B
Total Assets
AIN
AIN
WTS
WTS
Q4 25
$1.7B
$2.9B
Q3 25
$1.7B
$2.7B
Q2 25
$1.7B
$2.6B
Q1 25
$1.7B
$2.5B
Q4 24
$1.6B
$2.4B
Q3 24
$1.8B
$2.4B
Q2 24
$1.8B
$2.4B
Q1 24
$1.8B
$2.3B
Debt / Equity
AIN
AIN
WTS
WTS
Q4 25
0.63×
Q3 25
0.65×
Q2 25
0.50×
Q1 25
0.46×
Q4 24
0.34×
Q3 24
0.37×
Q2 24
0.39×
Q1 24
0.45×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIN
AIN
WTS
WTS
Operating Cash FlowLast quarter
$73.7M
$154.7M
Free Cash FlowOCF − Capex
$51.4M
$140.3M
FCF MarginFCF / Revenue
16.0%
22.4%
Capex IntensityCapex / Revenue
6.9%
2.3%
Cash ConversionOCF / Net Profit
5.31×
1.85×
TTM Free Cash FlowTrailing 4 quarters
$82.6M
$356.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIN
AIN
WTS
WTS
Q4 25
$73.7M
$154.7M
Q3 25
$43.9M
$122.4M
Q2 25
$32.7M
$69.7M
Q1 25
$2.1M
$55.2M
Q4 24
$78.5M
$139.5M
Q3 24
$47.0M
$90.7M
Q2 24
$83.4M
$85.3M
Q1 24
$9.6M
$45.6M
Free Cash Flow
AIN
AIN
WTS
WTS
Q4 25
$51.4M
$140.3M
Q3 25
$25.9M
$110.9M
Q2 25
$18.8M
$59.5M
Q1 25
$-13.5M
$45.6M
Q4 24
$60.2M
$127.5M
Q3 24
$31.6M
$84.3M
Q2 24
$63.6M
$78.5M
Q1 24
$-17.3M
$35.5M
FCF Margin
AIN
AIN
WTS
WTS
Q4 25
16.0%
22.4%
Q3 25
9.9%
18.1%
Q2 25
6.0%
9.2%
Q1 25
-4.7%
8.2%
Q4 24
21.0%
23.6%
Q3 24
10.6%
15.5%
Q2 24
19.2%
13.1%
Q1 24
-5.5%
6.2%
Capex Intensity
AIN
AIN
WTS
WTS
Q4 25
6.9%
2.3%
Q3 25
6.9%
1.9%
Q2 25
4.5%
1.6%
Q1 25
5.4%
1.7%
Q4 24
6.4%
2.2%
Q3 24
5.2%
1.2%
Q2 24
6.0%
1.1%
Q1 24
8.6%
1.8%
Cash Conversion
AIN
AIN
WTS
WTS
Q4 25
5.31×
1.85×
Q3 25
1.49×
Q2 25
3.56×
0.69×
Q1 25
0.12×
0.75×
Q4 24
4.44×
2.07×
Q3 24
2.61×
1.31×
Q2 24
3.39×
1.04×
Q1 24
0.35×
0.63×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIN
AIN

Transferred At Point In Time$176.5M55%
Engineered Composites Other$99.3M31%
Engineered Composites ASC$44.5M14%
Transferred Over Time$1.0M0%

WTS
WTS

Segment breakdown not available.

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