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Side-by-side financial comparison of StubHub Holdings, Inc. (STUB) 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 ($677.3M vs $468.1M, roughly 1.4× StubHub Holdings, Inc.). WATTS WATER TECHNOLOGIES INC runs the higher net margin — 14.7% vs -276.6%, a 291.3% gap on every dollar of revenue. On growth, WATTS WATER TECHNOLOGIES INC posted the faster year-over-year revenue change (21.4% vs 7.9%). StubHub Holdings, Inc. produced more free cash flow last quarter ($180.3M vs $6.6M).

StubHub Holdings operates a leading global online ticket marketplace for live entertainment events. It facilitates secure resale and direct purchase of tickets for concerts, sports matches, theater performances and other live experiences, serving consumers, event organizers and sellers across North America, Europe and Asia-Pacific.

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...

STUB vs WTS — Head-to-Head

Bigger by revenue
WTS
WTS
1.4× larger
WTS
$677.3M
$468.1M
STUB
Growing faster (revenue YoY)
WTS
WTS
+13.5% gap
WTS
21.4%
7.9%
STUB
Higher net margin
WTS
WTS
291.3% more per $
WTS
14.7%
-276.6%
STUB
More free cash flow
STUB
STUB
$173.7M more FCF
STUB
$180.3M
$6.6M
WTS

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
STUB
STUB
WTS
WTS
Revenue
$468.1M
$677.3M
Net Profit
$-1.3B
$99.6M
Gross Margin
48.1%
Operating Margin
-292.3%
19.6%
Net Margin
-276.6%
14.7%
Revenue YoY
7.9%
21.4%
Net Profit YoY
-3821.6%
34.6%
EPS (diluted)
$-4.27
$2.97

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
STUB
STUB
WTS
WTS
Q1 26
$677.3M
Q4 25
$625.1M
Q3 25
$468.1M
$611.7M
Q2 25
$643.7M
Q1 25
$558.0M
Q4 24
$540.4M
Q3 24
$433.8M
$543.6M
Q2 24
$597.3M
Net Profit
STUB
STUB
WTS
WTS
Q1 26
$99.6M
Q4 25
$83.7M
Q3 25
$-1.3B
$82.2M
Q2 25
$100.9M
Q1 25
$74.0M
Q4 24
$67.5M
Q3 24
$-33.0M
$69.1M
Q2 24
$82.0M
Gross Margin
STUB
STUB
WTS
WTS
Q1 26
48.1%
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%
Operating Margin
STUB
STUB
WTS
WTS
Q1 26
19.6%
Q4 25
18.2%
Q3 25
-292.3%
18.2%
Q2 25
21.0%
Q1 25
15.7%
Q4 24
16.5%
Q3 24
2.8%
17.1%
Q2 24
18.7%
Net Margin
STUB
STUB
WTS
WTS
Q1 26
14.7%
Q4 25
13.4%
Q3 25
-276.6%
13.4%
Q2 25
15.7%
Q1 25
13.3%
Q4 24
12.5%
Q3 24
-7.6%
12.7%
Q2 24
13.7%
EPS (diluted)
STUB
STUB
WTS
WTS
Q1 26
$2.97
Q4 25
$2.50
Q3 25
$-4.27
$2.45
Q2 25
$3.01
Q1 25
$2.21
Q4 24
$2.02
Q3 24
$-0.15
$2.06
Q2 24
$2.44

Balance Sheet & Financial Strength

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

Metric
STUB
STUB
WTS
WTS
Cash + ST InvestmentsLiquidity on hand
$1.4B
$374.7M
Total DebtLower is stronger
$1.7B
$197.8M
Stockholders' EquityBook value
$1.7B
$2.1B
Total Assets
$5.6B
$2.9B
Debt / EquityLower = less leverage
0.98×
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
STUB
STUB
WTS
WTS
Q1 26
$374.7M
Q4 25
$405.5M
Q3 25
$1.4B
$457.7M
Q2 25
$369.3M
Q1 25
$336.8M
Q4 24
$386.9M
Q3 24
$1.1B
$303.9M
Q2 24
$279.4M
Total Debt
STUB
STUB
WTS
WTS
Q1 26
$197.8M
Q4 25
Q3 25
$1.7B
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
STUB
STUB
WTS
WTS
Q1 26
$2.1B
Q4 25
$2.0B
Q3 25
$1.7B
$2.0B
Q2 25
$1.9B
Q1 25
$1.8B
Q4 24
$1.7B
Q3 24
$815.9M
$1.7B
Q2 24
$1.6B
Total Assets
STUB
STUB
WTS
WTS
Q1 26
$2.9B
Q4 25
$2.9B
Q3 25
$5.6B
$2.7B
Q2 25
$2.6B
Q1 25
$2.5B
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$2.4B
Debt / Equity
STUB
STUB
WTS
WTS
Q1 26
0.09×
Q4 25
Q3 25
0.98×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
STUB
STUB
WTS
WTS
Operating Cash FlowLast quarter
$181.4M
$17.9M
Free Cash FlowOCF − Capex
$180.3M
$6.6M
FCF MarginFCF / Revenue
38.5%
1.0%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
0.18×
TTM Free Cash FlowTrailing 4 quarters
$317.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
STUB
STUB
WTS
WTS
Q1 26
$17.9M
Q4 25
$154.7M
Q3 25
$181.4M
$122.4M
Q2 25
$69.7M
Q1 25
$55.2M
Q4 24
$139.5M
Q3 24
$90.7M
Q2 24
$85.3M
Free Cash Flow
STUB
STUB
WTS
WTS
Q1 26
$6.6M
Q4 25
$140.3M
Q3 25
$180.3M
$110.9M
Q2 25
$59.5M
Q1 25
$45.6M
Q4 24
$127.5M
Q3 24
$84.3M
Q2 24
$78.5M
FCF Margin
STUB
STUB
WTS
WTS
Q1 26
1.0%
Q4 25
22.4%
Q3 25
38.5%
18.1%
Q2 25
9.2%
Q1 25
8.2%
Q4 24
23.6%
Q3 24
15.5%
Q2 24
13.1%
Capex Intensity
STUB
STUB
WTS
WTS
Q1 26
Q4 25
2.3%
Q3 25
0.2%
1.9%
Q2 25
1.6%
Q1 25
1.7%
Q4 24
2.2%
Q3 24
1.2%
Q2 24
1.1%
Cash Conversion
STUB
STUB
WTS
WTS
Q1 26
0.18×
Q4 25
1.85×
Q3 25
1.49×
Q2 25
0.69×
Q1 25
0.75×
Q4 24
2.07×
Q3 24
1.31×
Q2 24
1.04×

Financial Flow Comparison

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

Revenue Breakdown by Segment

STUB
STUB

Transaction Fees$453.4M97%
Other$14.7M3%

WTS
WTS

segment net$517.8M76%
Other$159.5M24%

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