vs
Side-by-side financial comparison of WERNER ENTERPRISES INC (WERN) and WATTS WATER TECHNOLOGIES INC (WTS). Click either name above to swap in a different company.
WERNER ENTERPRISES INC is the larger business by last-quarter revenue ($808.6M vs $625.1M, roughly 1.3× WATTS WATER TECHNOLOGIES INC). WATTS WATER TECHNOLOGIES INC runs the higher net margin — 13.4% vs -0.5%, a 13.9% gap on every dollar of revenue. On growth, WATTS WATER TECHNOLOGIES INC posted the faster year-over-year revenue change (15.7% vs 13.6%). Over the past eight quarters, WATTS WATER TECHNOLOGIES INC's revenue compounded faster (4.6% CAGR vs 4.3%).
Werner Enterprises, Inc. is an American transportation and logistics company, serving the United States, Mexico and Canada. Werner Enterprises stated that it had 2023 revenues of $3.28 billion and over 14,000 employees and contractors.
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...
WERN vs WTS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $808.6M | $625.1M |
| Net Profit | $-4.3M | $83.7M |
| Gross Margin | — | 49.5% |
| Operating Margin | 75.5% | 18.2% |
| Net Margin | -0.5% | 13.4% |
| Revenue YoY | 13.6% | 15.7% |
| Net Profit YoY | 57.8% | 24.0% |
| EPS (diluted) | $-0.07 | $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 | $808.6M | — | ||
| Q4 25 | $719.9M | $625.1M | ||
| Q3 25 | $752.2M | $611.7M | ||
| Q2 25 | $734.1M | $643.7M | ||
| Q1 25 | $693.4M | $558.0M | ||
| Q4 24 | $736.6M | $540.4M | ||
| Q3 24 | $726.3M | $543.6M | ||
| Q2 24 | $742.7M | $597.3M |
| Q1 26 | $-4.3M | — | ||
| Q4 25 | $-27.8M | $83.7M | ||
| Q3 25 | $-20.6M | $82.2M | ||
| Q2 25 | $44.1M | $100.9M | ||
| Q1 25 | $-10.1M | $74.0M | ||
| Q4 24 | $11.9M | $67.5M | ||
| Q3 24 | $6.6M | $69.1M | ||
| Q2 24 | $9.5M | $82.0M |
| Q1 26 | — | — | ||
| 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 | 75.5% | — | ||
| Q4 25 | -5.0% | 18.2% | ||
| Q3 25 | -1.7% | 18.2% | ||
| Q2 25 | 9.0% | 21.0% | ||
| Q1 25 | -0.8% | 15.7% | ||
| Q4 24 | 1.8% | 16.5% | ||
| Q3 24 | 2.4% | 17.1% | ||
| Q2 24 | 2.6% | 18.7% |
| Q1 26 | -0.5% | — | ||
| Q4 25 | -3.9% | 13.4% | ||
| Q3 25 | -2.7% | 13.4% | ||
| Q2 25 | 6.0% | 15.7% | ||
| Q1 25 | -1.5% | 13.3% | ||
| Q4 24 | 1.6% | 12.5% | ||
| Q3 24 | 0.9% | 12.7% | ||
| Q2 24 | 1.3% | 13.7% |
| Q1 26 | $-0.07 | — | ||
| Q4 25 | $-0.46 | $2.50 | ||
| Q3 25 | $-0.34 | $2.45 | ||
| Q2 25 | $0.72 | $3.01 | ||
| Q1 25 | $-0.16 | $2.21 | ||
| Q4 24 | $0.19 | $2.02 | ||
| Q3 24 | $0.11 | $2.06 | ||
| Q2 24 | $0.15 | $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 | $61.5M | $405.5M |
| Total DebtLower is stronger | $878.2M | — |
| Stockholders' EquityBook value | $1.4B | $2.0B |
| Total Assets | $3.3B | $2.9B |
| Debt / EquityLower = less leverage | 0.65× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $61.5M | — | ||
| Q4 25 | $59.9M | $405.5M | ||
| Q3 25 | $51.0M | $457.7M | ||
| Q2 25 | $51.4M | $369.3M | ||
| Q1 25 | $52.0M | $336.8M | ||
| Q4 24 | $40.8M | $386.9M | ||
| Q3 24 | $54.7M | $303.9M | ||
| Q2 24 | $70.4M | $279.4M |
| Q1 26 | $878.2M | — | ||
| Q4 25 | $752.0M | — | ||
| Q3 25 | $725.0M | — | ||
| Q2 25 | $725.0M | — | ||
| Q1 25 | $640.0M | — | ||
| Q4 24 | $650.0M | — | ||
| Q3 24 | $690.0M | — | ||
| Q2 24 | $670.0M | — |
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.4B | $2.0B | ||
| Q3 25 | $1.4B | $2.0B | ||
| Q2 25 | $1.4B | $1.9B | ||
| Q1 25 | $1.4B | $1.8B | ||
| Q4 24 | $1.5B | $1.7B | ||
| Q3 24 | $1.4B | $1.7B | ||
| Q2 24 | $1.5B | $1.6B |
| Q1 26 | $3.3B | — | ||
| Q4 25 | $2.9B | $2.9B | ||
| Q3 25 | $3.0B | $2.7B | ||
| Q2 25 | $2.9B | $2.6B | ||
| Q1 25 | $3.0B | $2.5B | ||
| Q4 24 | $3.1B | $2.4B | ||
| Q3 24 | $3.1B | $2.4B | ||
| Q2 24 | $3.1B | $2.4B |
| Q1 26 | 0.65× | — | ||
| Q4 25 | 0.55× | — | ||
| Q3 25 | 0.52× | — | ||
| Q2 25 | 0.51× | — | ||
| Q1 25 | 0.45× | — | ||
| Q4 24 | 0.45× | — | ||
| Q3 24 | 0.48× | — | ||
| Q2 24 | 0.46× | — |
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 | 0.2% | 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 | $62.3M | $154.7M | ||
| Q3 25 | $44.1M | $122.4M | ||
| Q2 25 | $46.0M | $69.7M | ||
| Q1 25 | $29.4M | $55.2M | ||
| Q4 24 | $71.0M | $139.5M | ||
| Q3 24 | $61.0M | $90.7M | ||
| Q2 24 | $109.1M | $85.3M |
| Q1 26 | — | — | ||
| Q4 25 | $-23.5M | $140.3M | ||
| Q3 25 | $-8.6M | $110.9M | ||
| Q2 25 | $-42.3M | $59.5M | ||
| Q1 25 | $5.9M | $45.6M | ||
| Q4 24 | $-9.8M | $127.5M | ||
| Q3 24 | $-73.4M | $84.3M | ||
| Q2 24 | $-31.2M | $78.5M |
| Q1 26 | — | — | ||
| Q4 25 | -3.3% | 22.4% | ||
| Q3 25 | -1.1% | 18.1% | ||
| Q2 25 | -5.8% | 9.2% | ||
| Q1 25 | 0.8% | 8.2% | ||
| Q4 24 | -1.3% | 23.6% | ||
| Q3 24 | -10.1% | 15.5% | ||
| Q2 24 | -4.2% | 13.1% |
| Q1 26 | 0.2% | — | ||
| Q4 25 | 11.9% | 2.3% | ||
| Q3 25 | 7.0% | 1.9% | ||
| Q2 25 | 12.0% | 1.6% | ||
| Q1 25 | 3.4% | 1.7% | ||
| Q4 24 | 11.0% | 2.2% | ||
| Q3 24 | 18.5% | 1.2% | ||
| Q2 24 | 18.9% | 1.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.85× | ||
| Q3 25 | — | 1.49× | ||
| Q2 25 | 1.04× | 0.69× | ||
| Q1 25 | — | 0.75× | ||
| Q4 24 | 5.97× | 2.07× | ||
| Q3 24 | 9.30× | 1.31× | ||
| Q2 24 | 11.52× | 1.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
