vs
Side-by-side financial comparison of Dream Finders Homes, Inc. (DFH) and WATTS WATER TECHNOLOGIES INC (WTS). Click either name above to swap in a different company.
Dream Finders Homes, Inc. is the larger business by last-quarter revenue ($1.2B vs $625.1M, roughly 1.9× WATTS WATER TECHNOLOGIES INC). WATTS WATER TECHNOLOGIES INC runs the higher net margin — 13.4% vs 4.8%, a 8.5% gap on every dollar of revenue. On growth, WATTS WATER TECHNOLOGIES INC posted the faster year-over-year revenue change (15.7% vs -22.3%). WATTS WATER TECHNOLOGIES INC produced more free cash flow last quarter ($140.3M vs $136.0M). Over the past eight quarters, Dream Finders Homes, Inc.'s revenue compounded faster (21.0% CAGR vs 4.6%).
Dream Finders Homes, Inc. is a U.S. homebuilding firm that constructs and sells entry-level to luxury residential properties, including single-family homes and townhomes, across high-growth domestic markets. It also provides mortgage, title insurance and home warranty services for homebuyers.
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...
DFH vs WTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $625.1M |
| Net Profit | $58.8M | $83.7M |
| Gross Margin | — | 49.5% |
| Operating Margin | 6.4% | 18.2% |
| Net Margin | 4.8% | 13.4% |
| Revenue YoY | -22.3% | 15.7% |
| Net Profit YoY | -54.9% | 24.0% |
| EPS (diluted) | $0.57 | $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.
| Q4 25 | $1.2B | $625.1M | ||
| Q3 25 | $969.8M | $611.7M | ||
| Q2 25 | $1.2B | $643.7M | ||
| Q1 25 | $989.9M | $558.0M | ||
| Q4 24 | $1.6B | $540.4M | ||
| Q3 24 | $1.0B | $543.6M | ||
| Q2 24 | $1.1B | $597.3M | ||
| Q1 24 | $827.8M | $570.9M |
| Q4 25 | $58.8M | $83.7M | ||
| Q3 25 | $47.0M | $82.2M | ||
| Q2 25 | $56.6M | $100.9M | ||
| Q1 25 | $54.9M | $74.0M | ||
| Q4 24 | $130.5M | $67.5M | ||
| Q3 24 | $70.7M | $69.1M | ||
| Q2 24 | $80.9M | $82.0M | ||
| Q1 24 | $54.5M | $72.6M |
| 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 | 19.2% | 47.7% | ||
| Q1 24 | 18.0% | 46.9% |
| Q4 25 | 6.4% | 18.2% | ||
| Q3 25 | 6.3% | 18.2% | ||
| Q2 25 | 6.4% | 21.0% | ||
| Q1 25 | 7.2% | 15.7% | ||
| Q4 24 | 10.8% | 16.5% | ||
| Q3 24 | 9.2% | 17.1% | ||
| Q2 24 | 10.0% | 18.7% | ||
| Q1 24 | 8.6% | 16.9% |
| Q4 25 | 4.8% | 13.4% | ||
| Q3 25 | 4.8% | 13.4% | ||
| Q2 25 | 4.9% | 15.7% | ||
| Q1 25 | 5.5% | 13.3% | ||
| Q4 24 | 8.4% | 12.5% | ||
| Q3 24 | 7.0% | 12.7% | ||
| Q2 24 | 7.7% | 13.7% | ||
| Q1 24 | 6.6% | 12.7% |
| Q4 25 | $0.57 | $2.50 | ||
| Q3 25 | $0.47 | $2.45 | ||
| Q2 25 | $0.56 | $3.01 | ||
| Q1 25 | $0.54 | $2.21 | ||
| Q4 24 | $1.28 | $2.02 | ||
| Q3 24 | $0.70 | $2.06 | ||
| Q2 24 | $0.81 | $2.44 | ||
| Q1 24 | $0.55 | $2.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $234.8M | $405.5M |
| Total DebtLower is stronger | $1.6B | — |
| Stockholders' EquityBook value | $1.4B | $2.0B |
| Total Assets | $3.7B | $2.9B |
| Debt / EquityLower = less leverage | 1.13× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $234.8M | $405.5M | ||
| Q3 25 | $251.0M | $457.7M | ||
| Q2 25 | $210.3M | $369.3M | ||
| Q1 25 | $297.5M | $336.8M | ||
| Q4 24 | $274.4M | $386.9M | ||
| Q3 24 | $204.9M | $303.9M | ||
| Q2 24 | $274.8M | $279.4M | ||
| Q1 24 | $239.4M | $237.1M |
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.4B | $2.0B | ||
| Q3 25 | $1.4B | $2.0B | ||
| Q2 25 | $1.3B | $1.9B | ||
| Q1 25 | $1.3B | $1.8B | ||
| Q4 24 | $1.2B | $1.7B | ||
| Q3 24 | $1.1B | $1.7B | ||
| Q2 24 | $1.0B | $1.6B | ||
| Q1 24 | $968.7M | $1.6B |
| Q4 25 | $3.7B | $2.9B | ||
| Q3 25 | $3.8B | $2.7B | ||
| Q2 25 | $3.7B | $2.6B | ||
| Q1 25 | $3.5B | $2.5B | ||
| Q4 24 | $3.3B | $2.4B | ||
| Q3 24 | $3.3B | $2.4B | ||
| Q2 24 | $3.0B | $2.4B | ||
| Q1 24 | $2.7B | $2.3B |
| Q4 25 | 1.13× | — | ||
| Q3 25 | 1.29× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.03× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $143.6M | $154.7M |
| Free Cash FlowOCF − Capex | $136.0M | $140.3M |
| FCF MarginFCF / Revenue | 11.2% | 22.4% |
| Capex IntensityCapex / Revenue | 0.6% | 2.3% |
| Cash ConversionOCF / Net Profit | 2.44× | 1.85× |
| TTM Free Cash FlowTrailing 4 quarters | $-126.4M | $356.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $143.6M | $154.7M | ||
| Q3 25 | $-131.0M | $122.4M | ||
| Q2 25 | $-68.5M | $69.7M | ||
| Q1 25 | $-44.7M | $55.2M | ||
| Q4 24 | $306.5M | $139.5M | ||
| Q3 24 | $-205.0M | $90.7M | ||
| Q2 24 | $-110.6M | $85.3M | ||
| Q1 24 | $-247.5M | $45.6M |
| Q4 25 | $136.0M | $140.3M | ||
| Q3 25 | $-135.7M | $110.9M | ||
| Q2 25 | $-78.8M | $59.5M | ||
| Q1 25 | $-47.9M | $45.6M | ||
| Q4 24 | $302.6M | $127.5M | ||
| Q3 24 | $-222.5M | $84.3M | ||
| Q2 24 | $-112.4M | $78.5M | ||
| Q1 24 | $-249.6M | $35.5M |
| Q4 25 | 11.2% | 22.4% | ||
| Q3 25 | -14.0% | 18.1% | ||
| Q2 25 | -6.8% | 9.2% | ||
| Q1 25 | -4.8% | 8.2% | ||
| Q4 24 | 19.4% | 23.6% | ||
| Q3 24 | -22.1% | 15.5% | ||
| Q2 24 | -10.6% | 13.1% | ||
| Q1 24 | -30.2% | 6.2% |
| Q4 25 | 0.6% | 2.3% | ||
| Q3 25 | 0.5% | 1.9% | ||
| Q2 25 | 0.9% | 1.6% | ||
| Q1 25 | 0.3% | 1.7% | ||
| Q4 24 | 0.3% | 2.2% | ||
| Q3 24 | 1.7% | 1.2% | ||
| Q2 24 | 0.2% | 1.1% | ||
| Q1 24 | 0.3% | 1.8% |
| Q4 25 | 2.44× | 1.85× | ||
| Q3 25 | -2.79× | 1.49× | ||
| Q2 25 | -1.21× | 0.69× | ||
| Q1 25 | -0.81× | 0.75× | ||
| Q4 24 | 2.35× | 2.07× | ||
| Q3 24 | -2.90× | 1.31× | ||
| Q2 24 | -1.37× | 1.04× | ||
| Q1 24 | -4.54× | 0.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DFH
| Midwest Segment | $454.2M | 37% |
| Southeast Segment | $397.5M | 33% |
| Mid Atlantic Segment | $307.3M | 25% |
| Financial Services Segment | $53.7M | 4% |
WTS
Segment breakdown not available.
