vs
Side-by-side financial comparison of Allegion (ALLE) and WATTS WATER TECHNOLOGIES INC (WTS). Click either name above to swap in a different company.
Allegion is the larger business by last-quarter revenue ($1.0B vs $625.1M, roughly 1.7× WATTS WATER TECHNOLOGIES INC). WATTS WATER TECHNOLOGIES INC runs the higher net margin — 13.4% vs 13.4%, a 0.0% gap on every dollar of revenue. On growth, WATTS WATER TECHNOLOGIES INC posted the faster year-over-year revenue change (15.7% vs 9.7%). Over the past eight quarters, WATTS WATER TECHNOLOGIES INC's revenue compounded faster (4.6% CAGR vs 3.5%).
Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers door closers, controls, and exit devices; locks, locksets, portable locks, and key systems and services; electronic security products and access control systems; time, attendance, and workforce productivity systems; doors and door systems; and other accessories. The company sells its products and solutions to end-users in commercial, institutional, and residential facili...
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...
ALLE vs WTS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $625.1M |
| Net Profit | $138.1M | $83.7M |
| Gross Margin | 44.0% | 49.5% |
| Operating Margin | 18.9% | 18.2% |
| Net Margin | 13.4% | 13.4% |
| Revenue YoY | 9.7% | 15.7% |
| Net Profit YoY | -6.8% | 24.0% |
| EPS (diluted) | — | $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.
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.0B | $625.1M | ||
| Q3 25 | $1.1B | $611.7M | ||
| Q2 25 | $1.0B | $643.7M | ||
| Q1 25 | $941.9M | $558.0M | ||
| Q4 24 | $945.6M | $540.4M | ||
| Q3 24 | $967.1M | $543.6M | ||
| Q2 24 | $965.6M | $597.3M |
| Q1 26 | $138.1M | — | ||
| Q4 25 | $147.5M | $83.7M | ||
| Q3 25 | $188.4M | $82.2M | ||
| Q2 25 | $159.7M | $100.9M | ||
| Q1 25 | $148.2M | $74.0M | ||
| Q4 24 | $144.1M | $67.5M | ||
| Q3 24 | $174.2M | $69.1M | ||
| Q2 24 | $155.4M | $82.0M |
| Q1 26 | 44.0% | — | ||
| Q4 25 | 44.5% | 49.5% | ||
| Q3 25 | 45.8% | 48.8% | ||
| Q2 25 | 45.6% | 50.6% | ||
| Q1 25 | 44.9% | 48.8% | ||
| Q4 24 | 44.1% | 46.7% | ||
| Q3 24 | 44.7% | 47.3% | ||
| Q2 24 | 44.4% | 47.7% |
| Q1 26 | 18.9% | — | ||
| Q4 25 | 20.3% | 18.2% | ||
| Q3 25 | 21.8% | 18.2% | ||
| Q2 25 | 21.5% | 21.0% | ||
| Q1 25 | 20.9% | 15.7% | ||
| Q4 24 | 19.5% | 16.5% | ||
| Q3 24 | 22.2% | 17.1% | ||
| Q2 24 | 21.6% | 18.7% |
| Q1 26 | 13.4% | — | ||
| Q4 25 | 14.3% | 13.4% | ||
| Q3 25 | 17.6% | 13.4% | ||
| Q2 25 | 15.6% | 15.7% | ||
| Q1 25 | 15.7% | 13.3% | ||
| Q4 24 | 15.2% | 12.5% | ||
| Q3 24 | 18.0% | 12.7% | ||
| Q2 24 | 16.1% | 13.7% |
| Q1 26 | — | — | ||
| Q4 25 | $1.70 | $2.50 | ||
| Q3 25 | $2.18 | $2.45 | ||
| Q2 25 | $1.85 | $3.01 | ||
| Q1 25 | $1.71 | $2.21 | ||
| Q4 24 | $1.65 | $2.02 | ||
| Q3 24 | $1.99 | $2.06 | ||
| Q2 24 | $1.77 | $2.44 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $308.9M | $405.5M |
| Total DebtLower is stronger | $2.0B | — |
| Stockholders' EquityBook value | $2.1B | $2.0B |
| Total Assets | $5.3B | $2.9B |
| Debt / EquityLower = less leverage | 0.97× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $308.9M | — | ||
| Q4 25 | $356.2M | $405.5M | ||
| Q3 25 | $302.7M | $457.7M | ||
| Q2 25 | $656.8M | $369.3M | ||
| Q1 25 | $494.5M | $336.8M | ||
| Q4 24 | $503.8M | $386.9M | ||
| Q3 24 | $878.9M | $303.9M | ||
| Q2 24 | $747.5M | $279.4M |
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — |
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $2.0B | ||
| Q3 25 | $1.9B | $2.0B | ||
| Q2 25 | $1.8B | $1.9B | ||
| Q1 25 | $1.6B | $1.8B | ||
| Q4 24 | $1.5B | $1.7B | ||
| Q3 24 | $1.6B | $1.7B | ||
| Q2 24 | $1.4B | $1.6B |
| Q1 26 | $5.3B | — | ||
| Q4 25 | $5.2B | $2.9B | ||
| Q3 25 | $5.2B | $2.7B | ||
| Q2 25 | $4.9B | $2.6B | ||
| Q1 25 | $4.6B | $2.5B | ||
| Q4 24 | $4.5B | $2.4B | ||
| Q3 24 | $5.0B | $2.4B | ||
| Q2 24 | $4.8B | $2.4B |
| Q1 26 | 0.97× | — | ||
| Q4 25 | 0.96× | — | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 1.16× | — | ||
| Q1 25 | 1.24× | — | ||
| Q4 24 | 1.33× | — | ||
| Q3 24 | 1.53× | — | ||
| Q2 24 | 1.69× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $101.3M | $154.7M |
| Free Cash FlowOCF − Capex | — | $140.3M |
| FCF MarginFCF / Revenue | — | 22.4% |
| Capex IntensityCapex / Revenue | 2.0% | 2.3% |
| Cash ConversionOCF / Net Profit | 0.73× | 1.85× |
| TTM Free Cash FlowTrailing 4 quarters | — | $356.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $101.3M | — | ||
| Q4 25 | $240.1M | $154.7M | ||
| Q3 25 | $229.5M | $122.4M | ||
| Q2 25 | $209.7M | $69.7M | ||
| Q1 25 | $104.5M | $55.2M | ||
| Q4 24 | $219.0M | $139.5M | ||
| Q3 24 | $231.9M | $90.7M | ||
| Q2 24 | $173.0M | $85.3M |
| Q1 26 | — | — | ||
| Q4 25 | $200.5M | $140.3M | ||
| Q3 25 | $209.8M | $110.9M | ||
| Q2 25 | $192.0M | $59.5M | ||
| Q1 25 | $83.4M | $45.6M | ||
| Q4 24 | $194.9M | $127.5M | ||
| Q3 24 | $212.0M | $84.3M | ||
| Q2 24 | $152.1M | $78.5M |
| Q1 26 | — | — | ||
| Q4 25 | 19.4% | 22.4% | ||
| Q3 25 | 19.6% | 18.1% | ||
| Q2 25 | 18.8% | 9.2% | ||
| Q1 25 | 8.9% | 8.2% | ||
| Q4 24 | 20.6% | 23.6% | ||
| Q3 24 | 21.9% | 15.5% | ||
| Q2 24 | 15.8% | 13.1% |
| Q1 26 | 2.0% | — | ||
| Q4 25 | 3.8% | 2.3% | ||
| Q3 25 | 1.8% | 1.9% | ||
| Q2 25 | 1.7% | 1.6% | ||
| Q1 25 | 2.2% | 1.7% | ||
| Q4 24 | 2.5% | 2.2% | ||
| Q3 24 | 2.1% | 1.2% | ||
| Q2 24 | 2.2% | 1.1% |
| Q1 26 | 0.73× | — | ||
| Q4 25 | 1.63× | 1.85× | ||
| Q3 25 | 1.22× | 1.49× | ||
| Q2 25 | 1.31× | 0.69× | ||
| Q1 25 | 0.71× | 0.75× | ||
| Q4 24 | 1.52× | 2.07× | ||
| Q3 24 | 1.33× | 1.31× | ||
| Q2 24 | 1.11× | 1.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALLE
| Allegion Americas | $809.9M | 78% |
| Allegion International | $223.7M | 22% |
WTS
Segment breakdown not available.
