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Side-by-side financial comparison of Krispy Kreme, Inc. (DNUT) 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 $392.4M, roughly 1.6× Krispy Kreme, Inc.). WATTS WATER TECHNOLOGIES INC runs the higher net margin — 13.4% vs -7.1%, a 20.5% gap on every dollar of revenue. On growth, WATTS WATER TECHNOLOGIES INC posted the faster year-over-year revenue change (15.7% vs -2.9%). WATTS WATER TECHNOLOGIES INC produced more free cash flow last quarter ($140.3M vs $27.9M). Over the past eight quarters, WATTS WATER TECHNOLOGIES INC's revenue compounded faster (4.6% CAGR vs -5.9%).

Krispy Kreme, Inc. is an American multinational doughnut company and coffeehouse chain. Krispy Kreme was founded by Vernon Rudolph (1915–1973), who bought a yeast-raised recipe from a New Orleans chef, rented a building in 1937 in what is now historic Old Salem in Winston-Salem, North Carolina, and began selling to local grocery stores. Steady growth preceded an ambitious expansion as a public company in the period 2000 to 2016, which ultimately proved unprofitable. In 2016, the company retur...

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...

DNUT vs WTS — Head-to-Head

Bigger by revenue
WTS
WTS
1.6× larger
WTS
$625.1M
$392.4M
DNUT
Growing faster (revenue YoY)
WTS
WTS
+18.6% gap
WTS
15.7%
-2.9%
DNUT
Higher net margin
WTS
WTS
20.5% more per $
WTS
13.4%
-7.1%
DNUT
More free cash flow
WTS
WTS
$112.4M more FCF
WTS
$140.3M
$27.9M
DNUT
Faster 2-yr revenue CAGR
WTS
WTS
Annualised
WTS
4.6%
-5.9%
DNUT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DNUT
DNUT
WTS
WTS
Revenue
$392.4M
$625.1M
Net Profit
$-27.8M
$83.7M
Gross Margin
49.5%
Operating Margin
-1.9%
18.2%
Net Margin
-7.1%
13.4%
Revenue YoY
-2.9%
15.7%
Net Profit YoY
-23.8%
24.0%
EPS (diluted)
$-0.18
$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
DNUT
DNUT
WTS
WTS
Q4 25
$392.4M
$625.1M
Q3 25
$375.3M
$611.7M
Q2 25
$379.8M
$643.7M
Q1 25
$375.2M
$558.0M
Q4 24
$404.0M
$540.4M
Q3 24
$379.9M
$543.6M
Q2 24
$438.8M
$597.3M
Q1 24
$442.7M
$570.9M
Net Profit
DNUT
DNUT
WTS
WTS
Q4 25
$-27.8M
$83.7M
Q3 25
$-19.4M
$82.2M
Q2 25
$-435.3M
$100.9M
Q1 25
$-33.3M
$74.0M
Q4 24
$-22.4M
$67.5M
Q3 24
$39.6M
$69.1M
Q2 24
$-5.5M
$82.0M
Q1 24
$-8.5M
$72.6M
Gross Margin
DNUT
DNUT
WTS
WTS
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%
Q1 24
46.9%
Operating Margin
DNUT
DNUT
WTS
WTS
Q4 25
-1.9%
18.2%
Q3 25
-1.9%
18.2%
Q2 25
-114.4%
21.0%
Q1 25
-5.4%
15.7%
Q4 24
-2.8%
16.5%
Q3 24
-4.2%
17.1%
Q2 24
1.6%
18.7%
Q1 24
2.7%
16.9%
Net Margin
DNUT
DNUT
WTS
WTS
Q4 25
-7.1%
13.4%
Q3 25
-5.2%
13.4%
Q2 25
-114.6%
15.7%
Q1 25
-8.9%
13.3%
Q4 24
-5.6%
12.5%
Q3 24
10.4%
12.7%
Q2 24
-1.3%
13.7%
Q1 24
-1.9%
12.7%
EPS (diluted)
DNUT
DNUT
WTS
WTS
Q4 25
$-0.18
$2.50
Q3 25
$-0.11
$2.45
Q2 25
$-2.55
$3.01
Q1 25
$-0.20
$2.21
Q4 24
$-0.13
$2.02
Q3 24
$0.23
$2.06
Q2 24
$-0.03
$2.44
Q1 24
$-0.05
$2.17

Balance Sheet & Financial Strength

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

Metric
DNUT
DNUT
WTS
WTS
Cash + ST InvestmentsLiquidity on hand
$42.4M
$405.5M
Total DebtLower is stronger
$911.9M
Stockholders' EquityBook value
$650.1M
$2.0B
Total Assets
$2.6B
$2.9B
Debt / EquityLower = less leverage
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DNUT
DNUT
WTS
WTS
Q4 25
$42.4M
$405.5M
Q3 25
$30.7M
$457.7M
Q2 25
$21.3M
$369.3M
Q1 25
$18.7M
$336.8M
Q4 24
$29.0M
$386.9M
Q3 24
$25.4M
$303.9M
Q2 24
$28.6M
$279.4M
Q1 24
$33.1M
$237.1M
Total Debt
DNUT
DNUT
WTS
WTS
Q4 25
$911.9M
Q3 25
$906.2M
Q2 25
$889.4M
Q1 25
$935.0M
Q4 24
$844.5M
Q3 24
$804.6M
Q2 24
$895.0M
Q1 24
$881.8M
Stockholders' Equity
DNUT
DNUT
WTS
WTS
Q4 25
$650.1M
$2.0B
Q3 25
$670.3M
$2.0B
Q2 25
$693.6M
$1.9B
Q1 25
$1.1B
$1.8B
Q4 24
$1.1B
$1.7B
Q3 24
$1.2B
$1.7B
Q2 24
$1.1B
$1.6B
Q1 24
$1.2B
$1.6B
Total Assets
DNUT
DNUT
WTS
WTS
Q4 25
$2.6B
$2.9B
Q3 25
$2.6B
$2.7B
Q2 25
$2.6B
$2.6B
Q1 25
$3.1B
$2.5B
Q4 24
$3.1B
$2.4B
Q3 24
$3.1B
$2.4B
Q2 24
$3.2B
$2.4B
Q1 24
$3.2B
$2.3B
Debt / Equity
DNUT
DNUT
WTS
WTS
Q4 25
1.40×
Q3 25
1.35×
Q2 25
1.28×
Q1 25
0.85×
Q4 24
0.74×
Q3 24
0.68×
Q2 24
0.79×
Q1 24
0.76×

Cash Flow & Capital Efficiency

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

Metric
DNUT
DNUT
WTS
WTS
Operating Cash FlowLast quarter
$45.0M
$154.7M
Free Cash FlowOCF − Capex
$27.9M
$140.3M
FCF MarginFCF / Revenue
7.1%
22.4%
Capex IntensityCapex / Revenue
4.4%
2.3%
Cash ConversionOCF / Net Profit
1.85×
TTM Free Cash FlowTrailing 4 quarters
$-64.0M
$356.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DNUT
DNUT
WTS
WTS
Q4 25
$45.0M
$154.7M
Q3 25
$42.3M
$122.4M
Q2 25
$-32.5M
$69.7M
Q1 25
$-20.8M
$55.2M
Q4 24
$27.0M
$139.5M
Q3 24
$3.3M
$90.7M
Q2 24
$33.2M
$85.3M
Q1 24
$-17.7M
$45.6M
Free Cash Flow
DNUT
DNUT
WTS
WTS
Q4 25
$27.9M
$140.3M
Q3 25
$15.5M
$110.9M
Q2 25
$-60.8M
$59.5M
Q1 25
$-46.7M
$45.6M
Q4 24
$-6.9M
$127.5M
Q3 24
$-22.9M
$84.3M
Q2 24
$1.6M
$78.5M
Q1 24
$-46.8M
$35.5M
FCF Margin
DNUT
DNUT
WTS
WTS
Q4 25
7.1%
22.4%
Q3 25
4.1%
18.1%
Q2 25
-16.0%
9.2%
Q1 25
-12.5%
8.2%
Q4 24
-1.7%
23.6%
Q3 24
-6.0%
15.5%
Q2 24
0.4%
13.1%
Q1 24
-10.6%
6.2%
Capex Intensity
DNUT
DNUT
WTS
WTS
Q4 25
4.4%
2.3%
Q3 25
7.1%
1.9%
Q2 25
7.4%
1.6%
Q1 25
6.9%
1.7%
Q4 24
8.4%
2.2%
Q3 24
6.9%
1.2%
Q2 24
7.2%
1.1%
Q1 24
6.6%
1.8%
Cash Conversion
DNUT
DNUT
WTS
WTS
Q4 25
1.85×
Q3 25
1.49×
Q2 25
0.69×
Q1 25
0.75×
Q4 24
2.07×
Q3 24
0.08×
1.31×
Q2 24
1.04×
Q1 24
0.63×

Financial Flow Comparison

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

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