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Side-by-side financial comparison of B&G Foods, Inc. (BGS) 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 $439.3M, roughly 1.4× B&G Foods, Inc.). WATTS WATER TECHNOLOGIES INC runs the higher net margin — 13.4% vs -4.4%, a 17.7% gap on every dollar of revenue. On growth, WATTS WATER TECHNOLOGIES INC posted the faster year-over-year revenue change (15.7% vs -4.7%). WATTS WATER TECHNOLOGIES INC produced more free cash flow last quarter ($140.3M vs $-70.7M). Over the past eight quarters, WATTS WATER TECHNOLOGIES INC's revenue compounded faster (4.6% CAGR vs -12.8%).

B&G Foods, Inc. is an American branded foods holding company based in Parsippany, New Jersey. The company was formed in 1996 to acquire Bloch & Guggenheimer, a Manhattan-based producer of pickles, relish and condiments which had been founded in 1889.

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...

BGS vs WTS — Head-to-Head

Bigger by revenue
WTS
WTS
1.4× larger
WTS
$625.1M
$439.3M
BGS
Growing faster (revenue YoY)
WTS
WTS
+20.4% gap
WTS
15.7%
-4.7%
BGS
Higher net margin
WTS
WTS
17.7% more per $
WTS
13.4%
-4.4%
BGS
More free cash flow
WTS
WTS
$211.0M more FCF
WTS
$140.3M
$-70.7M
BGS
Faster 2-yr revenue CAGR
WTS
WTS
Annualised
WTS
4.6%
-12.8%
BGS

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BGS
BGS
WTS
WTS
Revenue
$439.3M
$625.1M
Net Profit
$-19.1M
$83.7M
Gross Margin
22.5%
49.5%
Operating Margin
2.5%
18.2%
Net Margin
-4.4%
13.4%
Revenue YoY
-4.7%
15.7%
Net Profit YoY
-356.5%
24.0%
EPS (diluted)
$-0.24
$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
BGS
BGS
WTS
WTS
Q4 25
$625.1M
Q3 25
$439.3M
$611.7M
Q2 25
$424.4M
$643.7M
Q1 25
$425.4M
$558.0M
Q4 24
$551.6M
$540.4M
Q3 24
$461.1M
$543.6M
Q2 24
$444.6M
$597.3M
Q1 24
$475.2M
$570.9M
Net Profit
BGS
BGS
WTS
WTS
Q4 25
$83.7M
Q3 25
$-19.1M
$82.2M
Q2 25
$-9.8M
$100.9M
Q1 25
$835.0K
$74.0M
Q4 24
$-222.4M
$67.5M
Q3 24
$7.5M
$69.1M
Q2 24
$3.9M
$82.0M
Q1 24
$-40.2M
$72.6M
Gross Margin
BGS
BGS
WTS
WTS
Q4 25
49.5%
Q3 25
22.5%
48.8%
Q2 25
20.5%
50.6%
Q1 25
21.2%
48.8%
Q4 24
21.5%
46.7%
Q3 24
22.2%
47.3%
Q2 24
20.7%
47.7%
Q1 24
22.9%
46.9%
Operating Margin
BGS
BGS
WTS
WTS
Q4 25
18.2%
Q3 25
2.5%
18.2%
Q2 25
5.2%
21.0%
Q1 25
8.4%
15.7%
Q4 24
-46.6%
16.5%
Q3 24
11.1%
17.1%
Q2 24
9.9%
18.7%
Q1 24
-3.3%
16.9%
Net Margin
BGS
BGS
WTS
WTS
Q4 25
13.4%
Q3 25
-4.4%
13.4%
Q2 25
-2.3%
15.7%
Q1 25
0.2%
13.3%
Q4 24
-40.3%
12.5%
Q3 24
1.6%
12.7%
Q2 24
0.9%
13.7%
Q1 24
-8.5%
12.7%
EPS (diluted)
BGS
BGS
WTS
WTS
Q4 25
$2.50
Q3 25
$-0.24
$2.45
Q2 25
$-0.12
$3.01
Q1 25
$0.01
$2.21
Q4 24
$-2.81
$2.02
Q3 24
$0.09
$2.06
Q2 24
$0.05
$2.44
Q1 24
$-0.51
$2.17

Balance Sheet & Financial Strength

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

Metric
BGS
BGS
WTS
WTS
Cash + ST InvestmentsLiquidity on hand
$60.9M
$405.5M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$470.7M
$2.0B
Total Assets
$2.9B
$2.9B
Debt / EquityLower = less leverage
4.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BGS
BGS
WTS
WTS
Q4 25
$405.5M
Q3 25
$60.9M
$457.7M
Q2 25
$54.1M
$369.3M
Q1 25
$61.2M
$336.8M
Q4 24
$50.6M
$386.9M
Q3 24
$54.7M
$303.9M
Q2 24
$40.3M
$279.4M
Q1 24
$42.5M
$237.1M
Total Debt
BGS
BGS
WTS
WTS
Q4 25
Q3 25
$2.0B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.1B
Q2 24
$2.0B
Q1 24
$2.0B
Stockholders' Equity
BGS
BGS
WTS
WTS
Q4 25
$2.0B
Q3 25
$470.7M
$2.0B
Q2 25
$501.4M
$1.9B
Q1 25
$513.1M
$1.8B
Q4 24
$524.8M
$1.7B
Q3 24
$755.3M
$1.7B
Q2 24
$765.0M
$1.6B
Q1 24
$781.2M
$1.6B
Total Assets
BGS
BGS
WTS
WTS
Q4 25
$2.9B
Q3 25
$2.9B
$2.7B
Q2 25
$2.9B
$2.6B
Q1 25
$3.0B
$2.5B
Q4 24
$3.0B
$2.4B
Q3 24
$3.4B
$2.4B
Q2 24
$3.4B
$2.4B
Q1 24
$3.4B
$2.3B
Debt / Equity
BGS
BGS
WTS
WTS
Q4 25
Q3 25
4.30×
Q2 25
3.97×
Q1 25
3.91×
Q4 24
3.85×
Q3 24
2.75×
Q2 24
2.67×
Q1 24
2.61×

Cash Flow & Capital Efficiency

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

Metric
BGS
BGS
WTS
WTS
Operating Cash FlowLast quarter
$-64.6M
$154.7M
Free Cash FlowOCF − Capex
$-70.7M
$140.3M
FCF MarginFCF / Revenue
-16.1%
22.4%
Capex IntensityCapex / Revenue
1.4%
2.3%
Cash ConversionOCF / Net Profit
1.85×
TTM Free Cash FlowTrailing 4 quarters
$54.8M
$356.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BGS
BGS
WTS
WTS
Q4 25
$154.7M
Q3 25
$-64.6M
$122.4M
Q2 25
$17.8M
$69.7M
Q1 25
$52.7M
$55.2M
Q4 24
$80.3M
$139.5M
Q3 24
$4.2M
$90.7M
Q2 24
$11.3M
$85.3M
Q1 24
$35.1M
$45.6M
Free Cash Flow
BGS
BGS
WTS
WTS
Q4 25
$140.3M
Q3 25
$-70.7M
$110.9M
Q2 25
$11.5M
$59.5M
Q1 25
$42.4M
$45.6M
Q4 24
$71.7M
$127.5M
Q3 24
$-679.0K
$84.3M
Q2 24
$5.2M
$78.5M
Q1 24
$27.5M
$35.5M
FCF Margin
BGS
BGS
WTS
WTS
Q4 25
22.4%
Q3 25
-16.1%
18.1%
Q2 25
2.7%
9.2%
Q1 25
10.0%
8.2%
Q4 24
13.0%
23.6%
Q3 24
-0.1%
15.5%
Q2 24
1.2%
13.1%
Q1 24
5.8%
6.2%
Capex Intensity
BGS
BGS
WTS
WTS
Q4 25
2.3%
Q3 25
1.4%
1.9%
Q2 25
1.5%
1.6%
Q1 25
2.4%
1.7%
Q4 24
1.6%
2.2%
Q3 24
1.0%
1.2%
Q2 24
1.4%
1.1%
Q1 24
1.6%
1.8%
Cash Conversion
BGS
BGS
WTS
WTS
Q4 25
1.85×
Q3 25
1.49×
Q2 25
0.69×
Q1 25
63.17×
0.75×
Q4 24
2.07×
Q3 24
0.56×
1.31×
Q2 24
2.87×
1.04×
Q1 24
0.63×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BGS
BGS

Specialty Segment$150.5M34%
Meals Segment$110.0M25%
Spices And Flavor Solutions Segment$101.4M23%
Frozen And Vegetables Segment$77.4M18%

WTS
WTS

Segment breakdown not available.

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