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Side-by-side financial comparison of SM Energy Co (SM) and WATTS WATER TECHNOLOGIES INC (WTS). Click either name above to swap in a different company.

SM Energy Co is the larger business by last-quarter revenue ($704.9M vs $625.1M, roughly 1.1× WATTS WATER TECHNOLOGIES INC). On growth, WATTS WATER TECHNOLOGIES INC posted the faster year-over-year revenue change (15.7% vs -17.3%). Over the past eight quarters, SM Energy Co's revenue compounded faster (12.2% CAGR vs 4.6%).

SM Energy Company is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado.

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...

SM vs WTS — Head-to-Head

Bigger by revenue
SM
SM
1.1× larger
SM
$704.9M
$625.1M
WTS
Growing faster (revenue YoY)
WTS
WTS
+32.9% gap
WTS
15.7%
-17.3%
SM
Faster 2-yr revenue CAGR
SM
SM
Annualised
SM
12.2%
4.6%
WTS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SM
SM
WTS
WTS
Revenue
$704.9M
$625.1M
Net Profit
$83.7M
Gross Margin
49.5%
Operating Margin
25.9%
18.2%
Net Margin
13.4%
Revenue YoY
-17.3%
15.7%
Net Profit YoY
24.0%
EPS (diluted)
$0.94
$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
SM
SM
WTS
WTS
Q4 25
$704.9M
$625.1M
Q3 25
$811.6M
$611.7M
Q2 25
$792.9M
$643.7M
Q1 25
$844.5M
$558.0M
Q4 24
$852.0M
$540.4M
Q3 24
$643.6M
$543.6M
Q2 24
$634.6M
$597.3M
Q1 24
$559.9M
$570.9M
Net Profit
SM
SM
WTS
WTS
Q4 25
$83.7M
Q3 25
$155.1M
$82.2M
Q2 25
$201.7M
$100.9M
Q1 25
$182.3M
$74.0M
Q4 24
$67.5M
Q3 24
$240.5M
$69.1M
Q2 24
$210.3M
$82.0M
Q1 24
$131.2M
$72.6M
Gross Margin
SM
SM
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
SM
SM
WTS
WTS
Q4 25
25.9%
18.2%
Q3 25
30.4%
18.2%
Q2 25
37.2%
21.0%
Q1 25
32.7%
15.7%
Q4 24
33.7%
16.5%
Q3 24
51.4%
17.1%
Q2 24
44.0%
18.7%
Q1 24
31.9%
16.9%
Net Margin
SM
SM
WTS
WTS
Q4 25
13.4%
Q3 25
19.1%
13.4%
Q2 25
25.4%
15.7%
Q1 25
21.6%
13.3%
Q4 24
12.5%
Q3 24
37.4%
12.7%
Q2 24
33.1%
13.7%
Q1 24
23.4%
12.7%
EPS (diluted)
SM
SM
WTS
WTS
Q4 25
$0.94
$2.50
Q3 25
$1.35
$2.45
Q2 25
$1.76
$3.01
Q1 25
$1.59
$2.21
Q4 24
$1.63
$2.02
Q3 24
$2.09
$2.06
Q2 24
$1.82
$2.44
Q1 24
$1.13
$2.17

Balance Sheet & Financial Strength

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

Metric
SM
SM
WTS
WTS
Cash + ST InvestmentsLiquidity on hand
$368.0M
$405.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.8B
$2.0B
Total Assets
$9.3B
$2.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SM
SM
WTS
WTS
Q4 25
$368.0M
$405.5M
Q3 25
$162.3M
$457.7M
Q2 25
$101.9M
$369.3M
Q1 25
$54.0K
$336.8M
Q4 24
$386.9M
Q3 24
$1.7B
$303.9M
Q2 24
$487.9M
$279.4M
Q1 24
$506.3M
$237.1M
Stockholders' Equity
SM
SM
WTS
WTS
Q4 25
$4.8B
$2.0B
Q3 25
$4.7B
$2.0B
Q2 25
$4.6B
$1.9B
Q1 25
$4.4B
$1.8B
Q4 24
$4.2B
$1.7B
Q3 24
$4.1B
$1.7B
Q2 24
$3.8B
$1.6B
Q1 24
$3.7B
$1.6B
Total Assets
SM
SM
WTS
WTS
Q4 25
$9.3B
$2.9B
Q3 25
$9.1B
$2.7B
Q2 25
$9.0B
$2.6B
Q1 25
$8.8B
$2.5B
Q4 24
$8.6B
$2.4B
Q3 24
$8.0B
$2.4B
Q2 24
$6.7B
$2.4B
Q1 24
$6.4B
$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
SM
SM
WTS
WTS
Operating Cash FlowLast quarter
$451.9M
$154.7M
Free Cash FlowOCF − Capex
$140.3M
FCF MarginFCF / Revenue
22.4%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
1.85×
TTM Free Cash FlowTrailing 4 quarters
$356.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SM
SM
WTS
WTS
Q4 25
$451.9M
$154.7M
Q3 25
$505.0M
$122.4M
Q2 25
$571.1M
$69.7M
Q1 25
$483.0M
$55.2M
Q4 24
$578.4M
$139.5M
Q3 24
$452.3M
$90.7M
Q2 24
$476.4M
$85.3M
Q1 24
$276.0M
$45.6M
Free Cash Flow
SM
SM
WTS
WTS
Q4 25
$140.3M
Q3 25
$110.9M
Q2 25
$59.5M
Q1 25
$45.6M
Q4 24
$127.5M
Q3 24
$84.3M
Q2 24
$78.5M
Q1 24
$35.5M
FCF Margin
SM
SM
WTS
WTS
Q4 25
22.4%
Q3 25
18.1%
Q2 25
9.2%
Q1 25
8.2%
Q4 24
23.6%
Q3 24
15.5%
Q2 24
13.1%
Q1 24
6.2%
Capex Intensity
SM
SM
WTS
WTS
Q4 25
2.3%
Q3 25
1.9%
Q2 25
1.6%
Q1 25
1.7%
Q4 24
2.2%
Q3 24
1.2%
Q2 24
1.1%
Q1 24
1.8%
Cash Conversion
SM
SM
WTS
WTS
Q4 25
1.85×
Q3 25
3.26×
1.49×
Q2 25
2.83×
0.69×
Q1 25
2.65×
0.75×
Q4 24
2.07×
Q3 24
1.88×
1.31×
Q2 24
2.27×
1.04×
Q1 24
2.10×
0.63×

Financial Flow Comparison

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

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