vs
Side-by-side financial comparison of RH (RH) and WATTS WATER TECHNOLOGIES INC (WTS). Click either name above to swap in a different company.
RH is the larger business by last-quarter revenue ($883.8M vs $625.1M, roughly 1.4× WATTS WATER TECHNOLOGIES INC). WATTS WATER TECHNOLOGIES INC runs the higher net margin — 13.4% vs 4.1%, a 9.3% gap on every dollar of revenue. On growth, WATTS WATER TECHNOLOGIES INC posted the faster year-over-year revenue change (15.7% vs 8.9%). WATTS WATER TECHNOLOGIES INC produced more free cash flow last quarter ($140.3M vs $83.0M). Over the past eight quarters, RH's revenue compounded faster (9.4% CAGR vs 4.6%).
RH is an upscale American home-furnishings company headquartered in Corte Madera, California. The company sells its merchandise through its retail stores, catalog, and online. As of August 2018, the company operated a total of 70 galleries, 18 full-line design galleries, and 3 baby-and-child galleries. The company also has 36 outlet stores in the United States and Canada.
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...
RH vs WTS — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $883.8M | $625.1M |
| Net Profit | $36.3M | $83.7M |
| Gross Margin | 44.1% | 49.5% |
| Operating Margin | 12.0% | 18.2% |
| Net Margin | 4.1% | 13.4% |
| Revenue YoY | 8.9% | 15.7% |
| Net Profit YoY | 9.3% | 24.0% |
| EPS (diluted) | $1.83 | $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 | $883.8M | $625.1M | ||
| Q3 25 | $899.2M | $611.7M | ||
| Q2 25 | $814.0M | $643.7M | ||
| Q1 25 | $812.4M | $558.0M | ||
| Q4 24 | $811.7M | $540.4M | ||
| Q3 24 | $829.7M | $543.6M | ||
| Q2 24 | $727.0M | $597.3M | ||
| Q1 24 | $738.3M | $570.9M |
| Q4 25 | $36.3M | $83.7M | ||
| Q3 25 | $51.7M | $82.2M | ||
| Q2 25 | $8.0M | $100.9M | ||
| Q1 25 | $13.9M | $74.0M | ||
| Q4 24 | $33.2M | $67.5M | ||
| Q3 24 | $29.0M | $69.1M | ||
| Q2 24 | $-3.6M | $82.0M | ||
| Q1 24 | $11.4M | $72.6M |
| Q4 25 | 44.1% | 49.5% | ||
| Q3 25 | 45.5% | 48.8% | ||
| Q2 25 | 43.7% | 50.6% | ||
| Q1 25 | 44.7% | 48.8% | ||
| Q4 24 | 44.5% | 46.7% | ||
| Q3 24 | 45.2% | 47.3% | ||
| Q2 24 | 43.5% | 47.7% | ||
| Q1 24 | 43.5% | 46.9% |
| Q4 25 | 12.0% | 18.2% | ||
| Q3 25 | 14.3% | 18.2% | ||
| Q2 25 | 6.9% | 21.0% | ||
| Q1 25 | 8.7% | 15.7% | ||
| Q4 24 | 12.5% | 16.5% | ||
| Q3 24 | 11.6% | 17.1% | ||
| Q2 24 | 7.5% | 18.7% | ||
| Q1 24 | 8.7% | 16.9% |
| Q4 25 | 4.1% | 13.4% | ||
| Q3 25 | 5.8% | 13.4% | ||
| Q2 25 | 1.0% | 15.7% | ||
| Q1 25 | 1.7% | 13.3% | ||
| Q4 24 | 4.1% | 12.5% | ||
| Q3 24 | 3.5% | 12.7% | ||
| Q2 24 | -0.5% | 13.7% | ||
| Q1 24 | 1.5% | 12.7% |
| Q4 25 | $1.83 | $2.50 | ||
| Q3 25 | $2.62 | $2.45 | ||
| Q2 25 | $0.40 | $3.01 | ||
| Q1 25 | $0.71 | $2.21 | ||
| Q4 24 | $1.66 | $2.02 | ||
| Q3 24 | $1.45 | $2.06 | ||
| Q2 24 | $-0.20 | $2.44 | ||
| Q1 24 | $0.91 | $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 | $43.1M | $405.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.3M | $2.0B |
| Total Assets | $4.8B | $2.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $43.1M | $405.5M | ||
| Q3 25 | $34.6M | $457.7M | ||
| Q2 25 | $46.1M | $369.3M | ||
| Q1 25 | $30.4M | $336.8M | ||
| Q4 24 | $87.0M | $386.9M | ||
| Q3 24 | $78.3M | $303.9M | ||
| Q2 24 | $101.8M | $279.4M | ||
| Q1 24 | $123.7M | $237.1M |
| Q4 25 | $3.3M | $2.0B | ||
| Q3 25 | $-40.9M | $2.0B | ||
| Q2 25 | $-110.8M | $1.9B | ||
| Q1 25 | $-163.6M | $1.8B | ||
| Q4 24 | $-183.0M | $1.7B | ||
| Q3 24 | $-234.7M | $1.7B | ||
| Q2 24 | $-289.9M | $1.6B | ||
| Q1 24 | $-297.4M | $1.6B |
| Q4 25 | $4.8B | $2.9B | ||
| Q3 25 | $4.7B | $2.7B | ||
| Q2 25 | $4.7B | $2.6B | ||
| Q1 25 | $4.6B | $2.5B | ||
| Q4 24 | $4.5B | $2.4B | ||
| Q3 24 | $4.4B | $2.4B | ||
| Q2 24 | $4.2B | $2.4B | ||
| Q1 24 | $4.1B | $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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $131.9M | $154.7M |
| Free Cash FlowOCF − Capex | $83.0M | $140.3M |
| FCF MarginFCF / Revenue | 9.4% | 22.4% |
| Capex IntensityCapex / Revenue | 5.5% | 2.3% |
| Cash ConversionOCF / Net Profit | 3.64× | 1.85× |
| TTM Free Cash FlowTrailing 4 quarters | $128.1M | $356.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $131.9M | $154.7M | ||
| Q3 25 | $137.7M | $122.4M | ||
| Q2 25 | $86.6M | $69.7M | ||
| Q1 25 | $-18.8M | $55.2M | ||
| Q4 24 | $-31.4M | $139.5M | ||
| Q3 24 | $11.2M | $90.7M | ||
| Q2 24 | $56.1M | $85.3M | ||
| Q1 24 | $-114.0M | $45.6M |
| Q4 25 | $83.0M | $140.3M | ||
| Q3 25 | $80.7M | $110.9M | ||
| Q2 25 | $34.1M | $59.5M | ||
| Q1 25 | $-69.7M | $45.6M | ||
| Q4 24 | $-96.0M | $127.5M | ||
| Q3 24 | $-37.9M | $84.3M | ||
| Q2 24 | $-10.1M | $78.5M | ||
| Q1 24 | $-251.5M | $35.5M |
| Q4 25 | 9.4% | 22.4% | ||
| Q3 25 | 9.0% | 18.1% | ||
| Q2 25 | 4.2% | 9.2% | ||
| Q1 25 | -8.6% | 8.2% | ||
| Q4 24 | -11.8% | 23.6% | ||
| Q3 24 | -4.6% | 15.5% | ||
| Q2 24 | -1.4% | 13.1% | ||
| Q1 24 | -34.1% | 6.2% |
| Q4 25 | 5.5% | 2.3% | ||
| Q3 25 | 6.3% | 1.9% | ||
| Q2 25 | 6.5% | 1.6% | ||
| Q1 25 | 6.3% | 1.7% | ||
| Q4 24 | 8.0% | 2.2% | ||
| Q3 24 | 5.9% | 1.2% | ||
| Q2 24 | 9.1% | 1.1% | ||
| Q1 24 | 18.6% | 1.8% |
| Q4 25 | 3.64× | 1.85× | ||
| Q3 25 | 2.66× | 1.49× | ||
| Q2 25 | 10.78× | 0.69× | ||
| Q1 25 | -1.35× | 0.75× | ||
| Q4 24 | -0.95× | 2.07× | ||
| Q3 24 | 0.39× | 1.31× | ||
| Q2 24 | — | 1.04× | ||
| Q1 24 | -10.01× | 0.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RH
| RH Segment | $835.8M | 95% |
| Waterworks Segment | $48.0M | 5% |
| Gift Card And Merchandise Credit | $4.5M | 1% |
WTS
Segment breakdown not available.
