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Side-by-side financial comparison of New Fortress Energy Inc. (NFE) 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 $326.2M, roughly 1.9× New Fortress Energy Inc.). WATTS WATER TECHNOLOGIES INC runs the higher net margin — 13.4% vs -259.7%, a 273.0% gap on every dollar of revenue. On growth, WATTS WATER TECHNOLOGIES INC posted the faster year-over-year revenue change (15.7% vs -7.0%). WATTS WATER TECHNOLOGIES INC produced more free cash flow last quarter ($140.3M vs $-134.8M). Over the past eight quarters, WATTS WATER TECHNOLOGIES INC's revenue compounded faster (4.6% CAGR vs -26.8%).
New Fortress Energy Inc. is a global energy infrastructure firm developing, owning and operating LNG import/export terminals, natural gas supply networks and low-carbon projects. It serves utility, industrial and public sector clients across the Americas and Caribbean, delivering affordable, lower-emission energy resources.
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...
NFE vs WTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $326.2M | $625.1M |
| Net Profit | $-847.1M | $83.7M |
| Gross Margin | 35.5% | 49.5% |
| Operating Margin | -193.0% | 18.2% |
| Net Margin | -259.7% | 13.4% |
| Revenue YoY | -7.0% | 15.7% |
| Net Profit YoY | -277.4% | 24.0% |
| EPS (diluted) | $-3.03 | $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 | $326.2M | $625.1M | ||
| Q3 25 | $240.3M | $611.7M | ||
| Q2 25 | $228.1M | $643.7M | ||
| Q1 25 | $384.9M | $558.0M | ||
| Q4 24 | $350.7M | $540.4M | ||
| Q3 24 | $446.0M | $543.6M | ||
| Q2 24 | $291.2M | $597.3M | ||
| Q1 24 | $609.5M | $570.9M |
| Q4 25 | $-847.1M | $83.7M | ||
| Q3 25 | $-263.0M | $82.2M | ||
| Q2 25 | $-546.5M | $100.9M | ||
| Q1 25 | $-175.4M | $74.0M | ||
| Q4 24 | $-224.4M | $67.5M | ||
| Q3 24 | $9.3M | $69.1M | ||
| Q2 24 | $-88.9M | $82.0M | ||
| Q1 24 | $54.1M | $72.6M |
| Q4 25 | 35.5% | 49.5% | ||
| Q3 25 | 18.1% | 48.8% | ||
| Q2 25 | 8.4% | 50.6% | ||
| Q1 25 | 21.4% | 48.8% | ||
| Q4 24 | 17.6% | 46.7% | ||
| Q3 24 | 27.1% | 47.3% | ||
| Q2 24 | 23.8% | 47.7% | ||
| Q1 24 | 62.4% | 46.9% |
| Q4 25 | -193.0% | 18.2% | ||
| Q3 25 | -37.4% | 18.2% | ||
| Q2 25 | -170.3% | 21.0% | ||
| Q1 25 | -3.3% | 15.7% | ||
| Q4 24 | 65.0% | 16.5% | ||
| Q3 24 | 17.8% | 17.1% | ||
| Q2 24 | 12.3% | 18.7% | ||
| Q1 24 | 30.4% | 16.9% |
| Q4 25 | -259.7% | 13.4% | ||
| Q3 25 | -109.4% | 13.4% | ||
| Q2 25 | -239.6% | 15.7% | ||
| Q1 25 | -45.6% | 13.3% | ||
| Q4 24 | -64.0% | 12.5% | ||
| Q3 24 | 2.1% | 12.7% | ||
| Q2 24 | -30.5% | 13.7% | ||
| Q1 24 | 8.9% | 12.7% |
| Q4 25 | $-3.03 | $2.50 | ||
| Q3 25 | $-0.96 | $2.45 | ||
| Q2 25 | $-1.99 | $3.01 | ||
| Q1 25 | $-0.65 | $2.21 | ||
| Q4 24 | $-1.10 | $2.02 | ||
| Q3 24 | $0.03 | $2.06 | ||
| Q2 24 | $-0.42 | $2.44 | ||
| Q1 24 | $0.23 | $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 | $226.5M | $405.5M |
| Total DebtLower is stronger | $8.2B | — |
| Stockholders' EquityBook value | $182.6M | $2.0B |
| Total Assets | $10.6B | $2.9B |
| Debt / EquityLower = less leverage | 44.78× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $226.5M | $405.5M | ||
| Q3 25 | $145.2M | $457.7M | ||
| Q2 25 | $551.1M | $369.3M | ||
| Q1 25 | $447.9M | $336.8M | ||
| Q4 24 | $492.9M | $386.9M | ||
| Q3 24 | $90.8M | $303.9M | ||
| Q2 24 | $133.0M | $279.4M | ||
| Q1 24 | $143.5M | $237.1M |
| Q4 25 | $8.2B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.9B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $182.6M | $2.0B | ||
| Q3 25 | $1.1B | $2.0B | ||
| Q2 25 | $1.3B | $1.9B | ||
| Q1 25 | $1.8B | $1.8B | ||
| Q4 24 | $1.9B | $1.7B | ||
| Q3 24 | $1.6B | $1.7B | ||
| Q2 24 | $1.6B | $1.6B | ||
| Q1 24 | $1.7B | $1.6B |
| Q4 25 | $10.6B | $2.9B | ||
| Q3 25 | $12.0B | $2.7B | ||
| Q2 25 | $12.0B | $2.6B | ||
| Q1 25 | $13.1B | $2.5B | ||
| Q4 24 | $12.9B | $2.4B | ||
| Q3 24 | $12.0B | $2.4B | ||
| Q2 24 | $11.4B | $2.4B | ||
| Q1 24 | $10.9B | $2.3B |
| Q4 25 | 44.78× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.74× | — | ||
| 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 | $-76.2M | $154.7M |
| Free Cash FlowOCF − Capex | $-134.8M | $140.3M |
| FCF MarginFCF / Revenue | -41.3% | 22.4% |
| Capex IntensityCapex / Revenue | 18.0% | 2.3% |
| Cash ConversionOCF / Net Profit | — | 1.85× |
| TTM Free Cash FlowTrailing 4 quarters | $-1.4B | $356.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-76.2M | $154.7M | ||
| Q3 25 | $-171.0M | $122.4M | ||
| Q2 25 | $-329.0M | $69.7M | ||
| Q1 25 | $-7.2M | $55.2M | ||
| Q4 24 | $445.3M | $139.5M | ||
| Q3 24 | $-20.0M | $90.7M | ||
| Q2 24 | $113.9M | $85.3M | ||
| Q1 24 | $63.0M | $45.6M |
| Q4 25 | $-134.8M | $140.3M | ||
| Q3 25 | $-231.6M | $110.9M | ||
| Q2 25 | $-726.7M | $59.5M | ||
| Q1 25 | $-262.3M | $45.6M | ||
| Q4 24 | $-210.3M | $127.5M | ||
| Q3 24 | $-367.0M | $84.3M | ||
| Q2 24 | $-493.2M | $78.5M | ||
| Q1 24 | $-457.9M | $35.5M |
| Q4 25 | -41.3% | 22.4% | ||
| Q3 25 | -96.4% | 18.1% | ||
| Q2 25 | -318.6% | 9.2% | ||
| Q1 25 | -68.2% | 8.2% | ||
| Q4 24 | -60.0% | 23.6% | ||
| Q3 24 | -82.3% | 15.5% | ||
| Q2 24 | -169.3% | 13.1% | ||
| Q1 24 | -75.1% | 6.2% |
| Q4 25 | 18.0% | 2.3% | ||
| Q3 25 | 25.2% | 1.9% | ||
| Q2 25 | 174.4% | 1.6% | ||
| Q1 25 | 66.3% | 1.7% | ||
| Q4 24 | 187.0% | 2.2% | ||
| Q3 24 | 77.8% | 1.2% | ||
| Q2 24 | 208.4% | 1.1% | ||
| Q1 24 | 85.5% | 1.8% |
| Q4 25 | — | 1.85× | ||
| Q3 25 | — | 1.49× | ||
| Q2 25 | — | 0.69× | ||
| Q1 25 | — | 0.75× | ||
| Q4 24 | — | 2.07× | ||
| Q3 24 | -2.15× | 1.31× | ||
| Q2 24 | — | 1.04× | ||
| Q1 24 | 1.16× | 0.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
