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Side-by-side financial comparison of Simpson Manufacturing Co., Inc. (SSD) 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 $588.0M, roughly 1.1× Simpson Manufacturing Co., Inc.). Simpson Manufacturing Co., Inc. runs the higher net margin — 15.0% vs 13.4%, a 1.6% gap on every dollar of revenue. On growth, WATTS WATER TECHNOLOGIES INC posted the faster year-over-year revenue change (15.7% vs 9.1%). Over the past eight quarters, WATTS WATER TECHNOLOGIES INC's revenue compounded faster (4.6% CAGR vs -0.8%).
Simpson Manufacturing Company is a leading building materials manufacturer in the United States that produces structural connectors, fasteners, anchors, and products for new construction and retrofitting.
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...
SSD vs WTS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $588.0M | $625.1M |
| Net Profit | $88.2M | $83.7M |
| Gross Margin | 45.2% | 49.5% |
| Operating Margin | 19.5% | 18.2% |
| Net Margin | 15.0% | 13.4% |
| Revenue YoY | 9.1% | 15.7% |
| Net Profit YoY | 13.3% | 24.0% |
| EPS (diluted) | $2.13 | $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.
| Q1 26 | $588.0M | — | ||
| Q4 25 | $539.3M | $625.1M | ||
| Q3 25 | $623.5M | $611.7M | ||
| Q2 25 | $631.1M | $643.7M | ||
| Q1 25 | $538.9M | $558.0M | ||
| Q4 24 | $517.4M | $540.4M | ||
| Q3 24 | $587.2M | $543.6M | ||
| Q2 24 | $597.0M | $597.3M |
| Q1 26 | $88.2M | — | ||
| Q4 25 | $56.2M | $83.7M | ||
| Q3 25 | $107.4M | $82.2M | ||
| Q2 25 | $103.5M | $100.9M | ||
| Q1 25 | $77.9M | $74.0M | ||
| Q4 24 | $55.4M | $67.5M | ||
| Q3 24 | $93.5M | $69.1M | ||
| Q2 24 | $97.8M | $82.0M |
| Q1 26 | 45.2% | — | ||
| Q4 25 | 43.4% | 49.5% | ||
| Q3 25 | 46.4% | 48.8% | ||
| Q2 25 | 46.7% | 50.6% | ||
| Q1 25 | 46.8% | 48.8% | ||
| Q4 24 | 44.0% | 46.7% | ||
| Q3 24 | 46.8% | 47.3% | ||
| Q2 24 | 46.7% | 47.7% |
| Q1 26 | 19.5% | — | ||
| Q4 25 | 13.9% | 18.2% | ||
| Q3 25 | 22.6% | 18.2% | ||
| Q2 25 | 22.2% | 21.0% | ||
| Q1 25 | 19.0% | 15.7% | ||
| Q4 24 | 14.8% | 16.5% | ||
| Q3 24 | 21.3% | 17.1% | ||
| Q2 24 | 22.1% | 18.7% |
| Q1 26 | 15.0% | — | ||
| Q4 25 | 10.4% | 13.4% | ||
| Q3 25 | 17.2% | 13.4% | ||
| Q2 25 | 16.4% | 15.7% | ||
| Q1 25 | 14.5% | 13.3% | ||
| Q4 24 | 10.7% | 12.5% | ||
| Q3 24 | 15.9% | 12.7% | ||
| Q2 24 | 16.4% | 13.7% |
| Q1 26 | $2.13 | — | ||
| Q4 25 | $1.34 | $2.50 | ||
| Q3 25 | $2.58 | $2.45 | ||
| Q2 25 | $2.47 | $3.01 | ||
| Q1 25 | $1.85 | $2.21 | ||
| Q4 24 | $1.31 | $2.02 | ||
| Q3 24 | $2.21 | $2.06 | ||
| Q2 24 | $2.31 | $2.44 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $341.0M | $405.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.1B | $2.0B |
| Total Assets | $3.0B | $2.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $341.0M | — | ||
| Q4 25 | $384.1M | $405.5M | ||
| Q3 25 | $297.3M | $457.7M | ||
| Q2 25 | $190.4M | $369.3M | ||
| Q1 25 | $150.3M | $336.8M | ||
| Q4 24 | $239.4M | $386.9M | ||
| Q3 24 | $339.4M | $303.9M | ||
| Q2 24 | $354.9M | $279.4M |
| Q1 26 | — | — | ||
| Q4 25 | $300.0M | — | ||
| Q3 25 | $371.3M | — | ||
| Q2 25 | $376.9M | — | ||
| Q1 25 | $382.5M | — | ||
| Q4 24 | $388.1M | — | ||
| Q3 24 | $393.8M | — | ||
| Q2 24 | $399.4M | — |
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.0B | $2.0B | ||
| Q3 25 | $2.0B | $2.0B | ||
| Q2 25 | $1.9B | $1.9B | ||
| Q1 25 | $1.9B | $1.8B | ||
| Q4 24 | $1.8B | $1.7B | ||
| Q3 24 | $1.9B | $1.7B | ||
| Q2 24 | $1.8B | $1.6B |
| Q1 26 | $3.0B | — | ||
| Q4 25 | $3.1B | $2.9B | ||
| Q3 25 | $3.0B | $2.7B | ||
| Q2 25 | $3.0B | $2.6B | ||
| Q1 25 | $2.8B | $2.5B | ||
| Q4 24 | $2.7B | $2.4B | ||
| Q3 24 | $2.9B | $2.4B | ||
| Q2 24 | $2.8B | $2.4B |
| Q1 26 | — | — | ||
| Q4 25 | 0.15× | — | ||
| Q3 25 | 0.19× | — | ||
| Q2 25 | 0.20× | — | ||
| Q1 25 | 0.21× | — | ||
| Q4 24 | 0.21× | — | ||
| Q3 24 | 0.21× | — | ||
| Q2 24 | 0.23× | — |
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 | — | $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.
| Q1 26 | — | — | ||
| Q4 25 | $155.7M | $154.7M | ||
| Q3 25 | $170.2M | $122.4M | ||
| Q2 25 | $125.2M | $69.7M | ||
| Q1 25 | $7.6M | $55.2M | ||
| Q4 24 | $115.8M | $139.5M | ||
| Q3 24 | $103.3M | $90.7M | ||
| Q2 24 | $111.1M | $85.3M |
| Q1 26 | — | — | ||
| Q4 25 | $119.0M | $140.3M | ||
| Q3 25 | $133.9M | $110.9M | ||
| Q2 25 | $87.3M | $59.5M | ||
| Q1 25 | $-42.6M | $45.6M | ||
| Q4 24 | $60.3M | $127.5M | ||
| Q3 24 | $58.1M | $84.3M | ||
| Q2 24 | $70.9M | $78.5M |
| Q1 26 | — | — | ||
| Q4 25 | 22.1% | 22.4% | ||
| Q3 25 | 21.5% | 18.1% | ||
| Q2 25 | 13.8% | 9.2% | ||
| Q1 25 | -7.9% | 8.2% | ||
| Q4 24 | 11.7% | 23.6% | ||
| Q3 24 | 9.9% | 15.5% | ||
| Q2 24 | 11.9% | 13.1% |
| Q1 26 | — | — | ||
| Q4 25 | 6.8% | 2.3% | ||
| Q3 25 | 5.8% | 1.9% | ||
| Q2 25 | 6.0% | 1.6% | ||
| Q1 25 | 9.3% | 1.7% | ||
| Q4 24 | 10.7% | 2.2% | ||
| Q3 24 | 7.7% | 1.2% | ||
| Q2 24 | 6.7% | 1.1% |
| Q1 26 | — | — | ||
| Q4 25 | 2.77× | 1.85× | ||
| Q3 25 | 1.58× | 1.49× | ||
| Q2 25 | 1.21× | 0.69× | ||
| Q1 25 | 0.10× | 0.75× | ||
| Q4 24 | 2.09× | 2.07× | ||
| Q3 24 | 1.10× | 1.31× | ||
| Q2 24 | 1.14× | 1.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
