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Side-by-side financial comparison of Virtu Financial, Inc. (VIRT) and WATTS WATER TECHNOLOGIES INC (WTS). Click either name above to swap in a different company.
Virtu Financial, Inc. is the larger business by last-quarter revenue ($969.9M vs $625.1M, roughly 1.6× WATTS WATER TECHNOLOGIES INC). Virtu Financial, Inc. runs the higher net margin — 14.4% vs 13.4%, a 1.0% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (16.3% vs 15.7%). Virtu Financial, Inc. produced more free cash flow last quarter ($495.6M vs $140.3M). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (22.8% CAGR vs 4.6%).
Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.
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...
VIRT vs WTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $969.9M | $625.1M |
| Net Profit | $139.9M | $83.7M |
| Gross Margin | — | 49.5% |
| Operating Margin | 35.4% | 18.2% |
| Net Margin | 14.4% | 13.4% |
| Revenue YoY | 16.3% | 15.7% |
| Net Profit YoY | 48.7% | 24.0% |
| EPS (diluted) | $1.54 | $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 | $969.9M | $625.1M | ||
| Q3 25 | $824.8M | $611.7M | ||
| Q2 25 | $999.6M | $643.7M | ||
| Q1 25 | $837.9M | $558.0M | ||
| Q4 24 | $834.3M | $540.4M | ||
| Q3 24 | $706.8M | $543.6M | ||
| Q2 24 | $693.0M | $597.3M | ||
| Q1 24 | $642.8M | $570.9M |
| Q4 25 | $139.9M | $83.7M | ||
| Q3 25 | $77.6M | $82.2M | ||
| Q2 25 | $151.2M | $100.9M | ||
| Q1 25 | $99.7M | $74.0M | ||
| Q4 24 | $94.1M | $67.5M | ||
| Q3 24 | $60.0M | $69.1M | ||
| Q2 24 | $66.6M | $82.0M | ||
| Q1 24 | $55.8M | $72.6M |
| 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% |
| Q4 25 | 35.4% | 18.2% | ||
| Q3 25 | 21.8% | 18.2% | ||
| Q2 25 | 34.7% | 21.0% | ||
| Q1 25 | 26.7% | 15.7% | ||
| Q4 24 | 24.3% | 16.5% | ||
| Q3 24 | 20.8% | 17.1% | ||
| Q2 24 | 22.4% | 18.7% | ||
| Q1 24 | 21.8% | 16.9% |
| Q4 25 | 14.4% | 13.4% | ||
| Q3 25 | 9.4% | 13.4% | ||
| Q2 25 | 15.1% | 15.7% | ||
| Q1 25 | 11.9% | 13.3% | ||
| Q4 24 | 11.3% | 12.5% | ||
| Q3 24 | 8.5% | 12.7% | ||
| Q2 24 | 9.6% | 13.7% | ||
| Q1 24 | 8.7% | 12.7% |
| Q4 25 | $1.54 | $2.50 | ||
| Q3 25 | $0.86 | $2.45 | ||
| Q2 25 | $1.65 | $3.01 | ||
| Q1 25 | $1.08 | $2.21 | ||
| Q4 24 | $1.03 | $2.02 | ||
| Q3 24 | $0.64 | $2.06 | ||
| Q2 24 | $0.71 | $2.44 | ||
| Q1 24 | $0.59 | $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 | $1.1B | $405.5M |
| Total DebtLower is stronger | $2.0B | — |
| Stockholders' EquityBook value | $1.6B | $2.0B |
| Total Assets | $20.2B | $2.9B |
| Debt / EquityLower = less leverage | 1.29× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.1B | $405.5M | ||
| Q3 25 | $707.9M | $457.7M | ||
| Q2 25 | $752.1M | $369.3M | ||
| Q1 25 | $723.6M | $336.8M | ||
| Q4 24 | $872.5M | $386.9M | ||
| Q3 24 | $701.4M | $303.9M | ||
| Q2 24 | $684.8M | $279.4M | ||
| Q1 24 | $399.6M | $237.1M |
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | $1.7B | — |
| Q4 25 | $1.6B | $2.0B | ||
| Q3 25 | $1.5B | $2.0B | ||
| Q2 25 | $1.4B | $1.9B | ||
| Q1 25 | $1.3B | $1.8B | ||
| Q4 24 | $1.3B | $1.7B | ||
| Q3 24 | $1.2B | $1.7B | ||
| Q2 24 | $1.2B | $1.6B | ||
| Q1 24 | $1.2B | $1.6B |
| Q4 25 | $20.2B | $2.9B | ||
| Q3 25 | $21.3B | $2.7B | ||
| Q2 25 | $19.3B | $2.6B | ||
| Q1 25 | $17.5B | $2.5B | ||
| Q4 24 | $15.4B | $2.4B | ||
| Q3 24 | $14.4B | $2.4B | ||
| Q2 24 | $13.9B | $2.4B | ||
| Q1 24 | $12.8B | $2.3B |
| Q4 25 | 1.29× | — | ||
| Q3 25 | 1.40× | — | ||
| Q2 25 | 1.24× | — | ||
| Q1 25 | 1.33× | — | ||
| Q4 24 | 1.39× | — | ||
| Q3 24 | 1.41× | — | ||
| Q2 24 | 1.41× | — | ||
| Q1 24 | 1.42× | — |
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 | $518.4M | $154.7M |
| Free Cash FlowOCF − Capex | $495.6M | $140.3M |
| FCF MarginFCF / Revenue | 51.1% | 22.4% |
| Capex IntensityCapex / Revenue | 2.4% | 2.3% |
| Cash ConversionOCF / Net Profit | 3.71× | 1.85× |
| TTM Free Cash FlowTrailing 4 quarters | $485.6M | $356.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $518.4M | $154.7M | ||
| Q3 25 | $-68.7M | $122.4M | ||
| Q2 25 | $62.8M | $69.7M | ||
| Q1 25 | $15.0M | $55.2M | ||
| Q4 24 | $599.0M | $139.5M | ||
| Q3 24 | $112.1M | $90.7M | ||
| Q2 24 | $490.8M | $85.3M | ||
| Q1 24 | $-395.4M | $45.6M |
| Q4 25 | $495.6M | $140.3M | ||
| Q3 25 | $-76.7M | $110.9M | ||
| Q2 25 | $57.6M | $59.5M | ||
| Q1 25 | $9.2M | $45.6M | ||
| Q4 24 | $586.6M | $127.5M | ||
| Q3 24 | $106.2M | $84.3M | ||
| Q2 24 | $486.9M | $78.5M | ||
| Q1 24 | $-398.2M | $35.5M |
| Q4 25 | 51.1% | 22.4% | ||
| Q3 25 | -9.3% | 18.1% | ||
| Q2 25 | 5.8% | 9.2% | ||
| Q1 25 | 1.1% | 8.2% | ||
| Q4 24 | 70.3% | 23.6% | ||
| Q3 24 | 15.0% | 15.5% | ||
| Q2 24 | 70.3% | 13.1% | ||
| Q1 24 | -61.9% | 6.2% |
| Q4 25 | 2.4% | 2.3% | ||
| Q3 25 | 1.0% | 1.9% | ||
| Q2 25 | 0.5% | 1.6% | ||
| Q1 25 | 0.7% | 1.7% | ||
| Q4 24 | 1.5% | 2.2% | ||
| Q3 24 | 0.8% | 1.2% | ||
| Q2 24 | 0.6% | 1.1% | ||
| Q1 24 | 0.4% | 1.8% |
| Q4 25 | 3.71× | 1.85× | ||
| Q3 25 | -0.89× | 1.49× | ||
| Q2 25 | 0.42× | 0.69× | ||
| Q1 25 | 0.15× | 0.75× | ||
| Q4 24 | 6.37× | 2.07× | ||
| Q3 24 | 1.87× | 1.31× | ||
| Q2 24 | 7.37× | 1.04× | ||
| Q1 24 | -7.08× | 0.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
