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Side-by-side financial comparison of FinVolution Group (FINV) 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 $479.7M, roughly 1.3× FinVolution Group). FinVolution Group runs the higher net margin — 21.2% vs 13.4%, a 7.8% gap on every dollar of revenue. WATTS WATER TECHNOLOGIES INC produced more free cash flow last quarter ($140.3M vs $70.6M).

Volution Group plc is a manufacturer of ventilation equipment for commercial and residential customers. Based in Crawley, West Sussex, the company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

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...

FINV vs WTS — Head-to-Head

Bigger by revenue
WTS
WTS
1.3× larger
WTS
$625.1M
$479.7M
FINV
Higher net margin
FINV
FINV
7.8% more per $
FINV
21.2%
13.4%
WTS
More free cash flow
WTS
WTS
$69.7M more FCF
WTS
$140.3M
$70.6M
FINV

Income Statement — Q1 FY2025 vs Q4 FY2025

Metric
FINV
FINV
WTS
WTS
Revenue
$479.7M
$625.1M
Net Profit
$101.7M
$83.7M
Gross Margin
49.5%
Operating Margin
44.6%
18.2%
Net Margin
21.2%
13.4%
Revenue YoY
15.7%
Net Profit YoY
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.

Revenue
FINV
FINV
WTS
WTS
Q4 25
$625.1M
Q3 25
$611.7M
Q2 25
$643.7M
Q1 25
$479.7M
$558.0M
Q4 24
$540.4M
Q3 24
$543.6M
Q2 24
$597.3M
Q1 24
$570.9M
Net Profit
FINV
FINV
WTS
WTS
Q4 25
$83.7M
Q3 25
$82.2M
Q2 25
$100.9M
Q1 25
$101.7M
$74.0M
Q4 24
$67.5M
Q3 24
$69.1M
Q2 24
$82.0M
Q1 24
$72.6M
Gross Margin
FINV
FINV
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
FINV
FINV
WTS
WTS
Q4 25
18.2%
Q3 25
18.2%
Q2 25
21.0%
Q1 25
44.6%
15.7%
Q4 24
16.5%
Q3 24
17.1%
Q2 24
18.7%
Q1 24
16.9%
Net Margin
FINV
FINV
WTS
WTS
Q4 25
13.4%
Q3 25
13.4%
Q2 25
15.7%
Q1 25
21.2%
13.3%
Q4 24
12.5%
Q3 24
12.7%
Q2 24
13.7%
Q1 24
12.7%
EPS (diluted)
FINV
FINV
WTS
WTS
Q4 25
$2.50
Q3 25
$2.45
Q2 25
$3.01
Q1 25
$2.21
Q4 24
$2.02
Q3 24
$2.06
Q2 24
$2.44
Q1 24
$2.17

Balance Sheet & Financial Strength

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

Metric
FINV
FINV
WTS
WTS
Cash + ST InvestmentsLiquidity on hand
$745.0M
$405.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.0B
Total Assets
$3.4B
$2.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FINV
FINV
WTS
WTS
Q4 25
$405.5M
Q3 25
$457.7M
Q2 25
$369.3M
Q1 25
$745.0M
$336.8M
Q4 24
$386.9M
Q3 24
$303.9M
Q2 24
$279.4M
Q1 24
$237.1M
Stockholders' Equity
FINV
FINV
WTS
WTS
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$1.9B
Q1 25
$1.8B
Q4 24
$1.7B
Q3 24
$1.7B
Q2 24
$1.6B
Q1 24
$1.6B
Total Assets
FINV
FINV
WTS
WTS
Q4 25
$2.9B
Q3 25
$2.7B
Q2 25
$2.6B
Q1 25
$3.4B
$2.5B
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$2.4B
Q1 24
$2.3B

Cash Flow & Capital Efficiency

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

Metric
FINV
FINV
WTS
WTS
Operating Cash FlowLast quarter
$72.0M
$154.7M
Free Cash FlowOCF − Capex
$70.6M
$140.3M
FCF MarginFCF / Revenue
14.7%
22.4%
Capex IntensityCapex / Revenue
0.3%
2.3%
Cash ConversionOCF / Net Profit
0.71×
1.85×
TTM Free Cash FlowTrailing 4 quarters
$356.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FINV
FINV
WTS
WTS
Q4 25
$154.7M
Q3 25
$122.4M
Q2 25
$69.7M
Q1 25
$72.0M
$55.2M
Q4 24
$139.5M
Q3 24
$90.7M
Q2 24
$85.3M
Q1 24
$45.6M
Free Cash Flow
FINV
FINV
WTS
WTS
Q4 25
$140.3M
Q3 25
$110.9M
Q2 25
$59.5M
Q1 25
$70.6M
$45.6M
Q4 24
$127.5M
Q3 24
$84.3M
Q2 24
$78.5M
Q1 24
$35.5M
FCF Margin
FINV
FINV
WTS
WTS
Q4 25
22.4%
Q3 25
18.1%
Q2 25
9.2%
Q1 25
14.7%
8.2%
Q4 24
23.6%
Q3 24
15.5%
Q2 24
13.1%
Q1 24
6.2%
Capex Intensity
FINV
FINV
WTS
WTS
Q4 25
2.3%
Q3 25
1.9%
Q2 25
1.6%
Q1 25
0.3%
1.7%
Q4 24
2.2%
Q3 24
1.2%
Q2 24
1.1%
Q1 24
1.8%
Cash Conversion
FINV
FINV
WTS
WTS
Q4 25
1.85×
Q3 25
1.49×
Q2 25
0.69×
Q1 25
0.71×
0.75×
Q4 24
2.07×
Q3 24
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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