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Side-by-side financial comparison of UDR, Inc. (UDR) 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 $425.8M, roughly 1.6× UDR, Inc.). UDR, Inc. runs the higher net margin — 44.6% vs 14.7%, a 29.9% gap on every dollar of revenue. On growth, WATTS WATER TECHNOLOGIES INC posted the faster year-over-year revenue change (21.4% vs 0.9%). Over the past eight quarters, WATTS WATER TECHNOLOGIES INC's revenue compounded faster (6.5% CAGR vs 1.3%).
UDR, Inc. is a leading U.S.-headquartered real estate investment trust specializing in owning, operating, and redeveloping high-quality multifamily residential apartment communities. It operates across major U.S. metropolitan markets, catering to a diverse tenant base including young professionals, families, and middle-to-high income households.
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...
UDR vs WTS — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $425.8M | $677.3M |
| Net Profit | $189.8M | $99.6M |
| Gross Margin | — | 48.1% |
| Operating Margin | 54.0% | 19.6% |
| Net Margin | 44.6% | 14.7% |
| Revenue YoY | 0.9% | 21.4% |
| Net Profit YoY | 147.2% | 34.6% |
| EPS (diluted) | $0.63 | $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.
| Q1 26 | $425.8M | $677.3M | ||
| Q4 25 | $433.1M | $625.1M | ||
| Q3 25 | $431.9M | $611.7M | ||
| Q2 25 | $425.4M | $643.7M | ||
| Q1 25 | $421.9M | $558.0M | ||
| Q4 24 | $422.7M | $540.4M | ||
| Q3 24 | $420.2M | $543.6M | ||
| Q2 24 | $415.3M | $597.3M |
| Q1 26 | $189.8M | $99.6M | ||
| Q4 25 | $222.9M | $83.7M | ||
| Q3 25 | $40.4M | $82.2M | ||
| Q2 25 | $37.7M | $100.9M | ||
| Q1 25 | $76.7M | $74.0M | ||
| Q4 24 | $-5.0M | $67.5M | ||
| Q3 24 | $22.6M | $69.1M | ||
| Q2 24 | $28.9M | $82.0M |
| 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% |
| Q1 26 | 54.0% | 19.6% | ||
| Q4 25 | 64.1% | 18.2% | ||
| Q3 25 | 17.7% | 18.2% | ||
| Q2 25 | 18.2% | 21.0% | ||
| Q1 25 | 29.0% | 15.7% | ||
| Q4 24 | 15.7% | 16.5% | ||
| Q3 24 | 16.6% | 17.1% | ||
| Q2 24 | 16.5% | 18.7% |
| Q1 26 | 44.6% | 14.7% | ||
| Q4 25 | 51.5% | 13.4% | ||
| Q3 25 | 9.4% | 13.4% | ||
| Q2 25 | 8.9% | 15.7% | ||
| Q1 25 | 18.2% | 13.3% | ||
| Q4 24 | -220.5% | 12.5% | ||
| Q3 24 | 5.4% | 12.7% | ||
| Q2 24 | 7.0% | 13.7% |
| Q1 26 | $0.63 | $2.97 | ||
| Q4 25 | $0.67 | $2.50 | ||
| Q3 25 | $0.12 | $2.45 | ||
| Q2 25 | $0.11 | $3.01 | ||
| Q1 25 | $0.23 | $2.21 | ||
| Q4 24 | $-0.01 | $2.02 | ||
| Q3 24 | $0.06 | $2.06 | ||
| Q2 24 | $0.08 | $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 | $1.3M | $374.7M |
| Total DebtLower is stronger | — | $197.8M |
| Stockholders' EquityBook value | $3.3B | $2.1B |
| Total Assets | $10.3B | $2.9B |
| Debt / EquityLower = less leverage | — | 0.09× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.3M | $374.7M | ||
| Q4 25 | $1.2M | $405.5M | ||
| Q3 25 | $1.2M | $457.7M | ||
| Q2 25 | $1.5M | $369.3M | ||
| Q1 25 | $1.3M | $336.8M | ||
| Q4 24 | $1.3M | $386.9M | ||
| Q3 24 | $2.3M | $303.9M | ||
| Q2 24 | $2.8M | $279.4M |
| Q1 26 | — | $197.8M | ||
| Q4 25 | $5.8B | — | ||
| Q3 25 | $5.8B | — | ||
| Q2 25 | $5.8B | — | ||
| Q1 25 | $5.8B | — | ||
| Q4 24 | $5.8B | — | ||
| Q3 24 | $5.9B | — | ||
| Q2 24 | $5.8B | — |
| Q1 26 | $3.3B | $2.1B | ||
| Q4 25 | $3.3B | $2.0B | ||
| Q3 25 | $3.3B | $2.0B | ||
| Q2 25 | $3.3B | $1.9B | ||
| Q1 25 | $3.3B | $1.8B | ||
| Q4 24 | $3.4B | $1.7B | ||
| Q3 24 | $3.5B | $1.7B | ||
| Q2 24 | $3.7B | $1.6B |
| Q1 26 | $10.3B | $2.9B | ||
| Q4 25 | $10.6B | $2.9B | ||
| Q3 25 | $10.6B | $2.7B | ||
| Q2 25 | $10.6B | $2.6B | ||
| Q1 25 | $10.7B | $2.5B | ||
| Q4 24 | $10.9B | $2.4B | ||
| Q3 24 | $11.1B | $2.4B | ||
| Q2 24 | $11.1B | $2.4B |
| Q1 26 | — | 0.09× | ||
| Q4 25 | 1.77× | — | ||
| Q3 25 | 1.78× | — | ||
| Q2 25 | 1.74× | — | ||
| Q1 25 | 1.74× | — | ||
| Q4 24 | 1.69× | — | ||
| Q3 24 | 1.67× | — | ||
| Q2 24 | 1.55× | — |
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 | — | $17.9M |
| Free Cash FlowOCF − Capex | — | $6.6M |
| FCF MarginFCF / Revenue | — | 1.0% |
| Capex IntensityCapex / Revenue | 4.9% | — |
| Cash ConversionOCF / Net Profit | — | 0.18× |
| TTM Free Cash FlowTrailing 4 quarters | — | $317.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $17.9M | ||
| Q4 25 | $902.9M | $154.7M | ||
| Q3 25 | $234.9M | $122.4M | ||
| Q2 25 | $250.3M | $69.7M | ||
| Q1 25 | $156.2M | $55.2M | ||
| Q4 24 | $876.8M | $139.5M | ||
| Q3 24 | $230.3M | $90.7M | ||
| Q2 24 | $238.5M | $85.3M |
| Q1 26 | — | $6.6M | ||
| Q4 25 | $650.0M | $140.3M | ||
| Q3 25 | $164.6M | $110.9M | ||
| Q2 25 | $190.1M | $59.5M | ||
| Q1 25 | $103.2M | $45.6M | ||
| Q4 24 | $627.0M | $127.5M | ||
| Q3 24 | $161.3M | $84.3M | ||
| Q2 24 | $171.1M | $78.5M |
| Q1 26 | — | 1.0% | ||
| Q4 25 | 150.1% | 22.4% | ||
| Q3 25 | 38.1% | 18.1% | ||
| Q2 25 | 44.7% | 9.2% | ||
| Q1 25 | 24.5% | 8.2% | ||
| Q4 24 | 148.3% | 23.6% | ||
| Q3 24 | 38.4% | 15.5% | ||
| Q2 24 | 41.2% | 13.1% |
| Q1 26 | 4.9% | — | ||
| Q4 25 | 58.4% | 2.3% | ||
| Q3 25 | 16.3% | 1.9% | ||
| Q2 25 | 14.2% | 1.6% | ||
| Q1 25 | 12.6% | 1.7% | ||
| Q4 24 | 59.1% | 2.2% | ||
| Q3 24 | 16.4% | 1.2% | ||
| Q2 24 | 16.2% | 1.1% |
| Q1 26 | — | 0.18× | ||
| Q4 25 | 4.05× | 1.85× | ||
| Q3 25 | 5.81× | 1.49× | ||
| Q2 25 | 6.64× | 0.69× | ||
| Q1 25 | 2.04× | 0.75× | ||
| Q4 24 | — | 2.07× | ||
| Q3 24 | 10.19× | 1.31× | ||
| Q2 24 | 8.26× | 1.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
UDR
| Rental income | $423.3M | 99% |
| Joint venture management and other fees | $2.5M | 1% |
WTS
| segment net | $517.8M | 76% |
| Other | $159.5M | 24% |
