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

Allstate is the larger business by last-quarter revenue ($922.0M vs $625.1M, roughly 1.5× WATTS WATER TECHNOLOGIES INC). Allstate runs the higher net margin — 266.6% vs 13.4%, a 253.2% gap on every dollar of revenue. On growth, WATTS WATER TECHNOLOGIES INC posted the faster year-over-year revenue change (15.7% vs 7.2%). Over the past eight quarters, WATTS WATER TECHNOLOGIES INC's revenue compounded faster (4.6% CAGR vs -75.8%).

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; specialty auto products, including motorcycle, trailer, motor home, and off-road vehicle insurance; other personal ...

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...

ALL vs WTS — Head-to-Head

Bigger by revenue
ALL
ALL
1.5× larger
ALL
$922.0M
$625.1M
WTS
Growing faster (revenue YoY)
WTS
WTS
+8.5% gap
WTS
15.7%
7.2%
ALL
Higher net margin
ALL
ALL
253.2% more per $
ALL
266.6%
13.4%
WTS
Faster 2-yr revenue CAGR
WTS
WTS
Annualised
WTS
4.6%
-75.8%
ALL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ALL
ALL
WTS
WTS
Revenue
$922.0M
$625.1M
Net Profit
$2.5B
$83.7M
Gross Margin
49.5%
Operating Margin
-1400.3%
18.2%
Net Margin
266.6%
13.4%
Revenue YoY
7.2%
15.7%
Net Profit YoY
24.0%
EPS (diluted)
$9.25
$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
ALL
ALL
WTS
WTS
Q1 26
$922.0M
Q4 25
$17.3B
$625.1M
Q3 25
$17.3B
$611.7M
Q2 25
$16.6B
$643.7M
Q1 25
$16.5B
$558.0M
Q4 24
$16.5B
$540.4M
Q3 24
$16.6B
$543.6M
Q2 24
$15.7B
$597.3M
Net Profit
ALL
ALL
WTS
WTS
Q1 26
$2.5B
Q4 25
$3.8B
$83.7M
Q3 25
$3.7B
$82.2M
Q2 25
$2.1B
$100.9M
Q1 25
$595.0M
$74.0M
Q4 24
$1.9B
$67.5M
Q3 24
$1.2B
$69.1M
Q2 24
$331.0M
$82.0M
Gross Margin
ALL
ALL
WTS
WTS
Q1 26
Q4 25
49.5%
Q3 25
48.8%
Q2 25
50.6%
Q1 25
48.8%
Q4 24
46.7%
Q3 24
47.3%
Q2 24
47.7%
Operating Margin
ALL
ALL
WTS
WTS
Q1 26
-1400.3%
Q4 25
18.2%
Q3 25
18.2%
Q2 25
21.0%
Q1 25
15.7%
Q4 24
16.5%
Q3 24
17.1%
Q2 24
18.7%
Net Margin
ALL
ALL
WTS
WTS
Q1 26
266.6%
Q4 25
22.1%
13.4%
Q3 25
21.7%
13.4%
Q2 25
12.7%
15.7%
Q1 25
3.6%
13.3%
Q4 24
11.7%
12.5%
Q3 24
7.2%
12.7%
Q2 24
2.1%
13.7%
EPS (diluted)
ALL
ALL
WTS
WTS
Q1 26
$9.25
Q4 25
$14.24
$2.50
Q3 25
$13.95
$2.45
Q2 25
$7.76
$3.01
Q1 25
$2.11
$2.21
Q4 24
$7.07
$2.02
Q3 24
$4.33
$2.06
Q2 24
$1.13
$2.44

Balance Sheet & Financial Strength

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

Metric
ALL
ALL
WTS
WTS
Cash + ST InvestmentsLiquidity on hand
$405.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$31.6B
$2.0B
Total Assets
$124.0B
$2.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALL
ALL
WTS
WTS
Q1 26
Q4 25
$4.9B
$405.5M
Q3 25
$8.7B
$457.7M
Q2 25
$9.6B
$369.3M
Q1 25
$6.5B
$336.8M
Q4 24
$4.5B
$386.9M
Q3 24
$7.0B
$303.9M
Q2 24
$5.3B
$279.4M
Total Debt
ALL
ALL
WTS
WTS
Q1 26
Q4 25
$7.5B
Q3 25
$8.1B
Q2 25
$8.1B
Q1 25
$8.1B
Q4 24
$8.1B
Q3 24
$8.1B
Q2 24
$8.1B
Stockholders' Equity
ALL
ALL
WTS
WTS
Q1 26
$31.6B
Q4 25
$30.6B
$2.0B
Q3 25
$27.5B
$2.0B
Q2 25
$24.0B
$1.9B
Q1 25
$22.1B
$1.8B
Q4 24
$21.4B
$1.7B
Q3 24
$20.9B
$1.7B
Q2 24
$18.6B
$1.6B
Total Assets
ALL
ALL
WTS
WTS
Q1 26
$124.0B
Q4 25
$119.8B
$2.9B
Q3 25
$120.4B
$2.7B
Q2 25
$115.9B
$2.6B
Q1 25
$115.2B
$2.5B
Q4 24
$111.6B
$2.4B
Q3 24
$113.7B
$2.4B
Q2 24
$108.4B
$2.4B
Debt / Equity
ALL
ALL
WTS
WTS
Q1 26
Q4 25
0.24×
Q3 25
0.29×
Q2 25
0.34×
Q1 25
0.37×
Q4 24
0.38×
Q3 24
0.39×
Q2 24
0.43×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALL
ALL
WTS
WTS
Q1 26
Q4 25
$3.0B
$154.7M
Q3 25
$3.3B
$122.4M
Q2 25
$1.9B
$69.7M
Q1 25
$2.0B
$55.2M
Q4 24
$1.7B
$139.5M
Q3 24
$3.2B
$90.7M
Q2 24
$2.4B
$85.3M
Free Cash Flow
ALL
ALL
WTS
WTS
Q1 26
Q4 25
$2.9B
$140.3M
Q3 25
$3.2B
$110.9M
Q2 25
$1.9B
$59.5M
Q1 25
$1.9B
$45.6M
Q4 24
$1.7B
$127.5M
Q3 24
$3.1B
$84.3M
Q2 24
$2.3B
$78.5M
FCF Margin
ALL
ALL
WTS
WTS
Q1 26
Q4 25
16.7%
22.4%
Q3 25
18.8%
18.1%
Q2 25
11.3%
9.2%
Q1 25
11.4%
8.2%
Q4 24
10.0%
23.6%
Q3 24
18.9%
15.5%
Q2 24
14.7%
13.1%
Capex Intensity
ALL
ALL
WTS
WTS
Q1 26
Q4 25
0.5%
2.3%
Q3 25
0.3%
1.9%
Q2 25
0.0%
1.6%
Q1 25
0.6%
1.7%
Q4 24
0.3%
2.2%
Q3 24
0.4%
1.2%
Q2 24
0.4%
1.1%
Cash Conversion
ALL
ALL
WTS
WTS
Q1 26
Q4 25
0.78×
1.85×
Q3 25
0.88×
1.49×
Q2 25
0.89×
0.69×
Q1 25
3.30×
0.75×
Q4 24
0.88×
2.07×
Q3 24
2.69×
1.31×
Q2 24
7.13×
1.04×

Financial Flow Comparison

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

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