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Side-by-side financial comparison of WATTS WATER TECHNOLOGIES INC (WTS) and EXPRO GROUP HOLDINGS N.V. (XPRO). 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 $382.1M, roughly 1.6× EXPRO GROUP HOLDINGS N.V.). WATTS WATER TECHNOLOGIES INC runs the higher net margin — 13.4% vs 1.5%, a 11.9% gap on every dollar of revenue. On growth, WATTS WATER TECHNOLOGIES INC posted the faster year-over-year revenue change (15.7% vs -12.5%). WATTS WATER TECHNOLOGIES INC produced more free cash flow last quarter ($140.3M vs $23.2M). Over the past eight quarters, WATTS WATER TECHNOLOGIES INC's revenue compounded faster (4.6% CAGR vs -0.2%).

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...

Expro is an energy services provider headquartered in Houston, Texas, United States.

WTS vs XPRO — Head-to-Head

Bigger by revenue
WTS
WTS
1.6× larger
WTS
$625.1M
$382.1M
XPRO
Growing faster (revenue YoY)
WTS
WTS
+28.2% gap
WTS
15.7%
-12.5%
XPRO
Higher net margin
WTS
WTS
11.9% more per $
WTS
13.4%
1.5%
XPRO
More free cash flow
WTS
WTS
$117.1M more FCF
WTS
$140.3M
$23.2M
XPRO
Faster 2-yr revenue CAGR
WTS
WTS
Annualised
WTS
4.6%
-0.2%
XPRO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
WTS
WTS
XPRO
XPRO
Revenue
$625.1M
$382.1M
Net Profit
$83.7M
$5.8M
Gross Margin
49.5%
Operating Margin
18.2%
3.1%
Net Margin
13.4%
1.5%
Revenue YoY
15.7%
-12.5%
Net Profit YoY
24.0%
-74.9%
EPS (diluted)
$2.50
$0.05

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
WTS
WTS
XPRO
XPRO
Q4 25
$625.1M
$382.1M
Q3 25
$611.7M
$411.4M
Q2 25
$643.7M
$422.7M
Q1 25
$558.0M
$390.9M
Q4 24
$540.4M
$436.8M
Q3 24
$543.6M
$422.8M
Q2 24
$597.3M
$469.6M
Q1 24
$570.9M
$383.5M
Net Profit
WTS
WTS
XPRO
XPRO
Q4 25
$83.7M
$5.8M
Q3 25
$82.2M
$14.0M
Q2 25
$100.9M
$18.0M
Q1 25
$74.0M
$13.9M
Q4 24
$67.5M
$23.0M
Q3 24
$69.1M
$16.3M
Q2 24
$82.0M
$15.3M
Q1 24
$72.6M
$-2.7M
Gross Margin
WTS
WTS
XPRO
XPRO
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%
Operating Margin
WTS
WTS
XPRO
XPRO
Q4 25
18.2%
3.1%
Q3 25
18.2%
6.4%
Q2 25
21.0%
7.7%
Q1 25
15.7%
2.6%
Q4 24
16.5%
7.3%
Q3 24
17.1%
6.2%
Q2 24
18.7%
5.9%
Q1 24
16.9%
2.2%
Net Margin
WTS
WTS
XPRO
XPRO
Q4 25
13.4%
1.5%
Q3 25
13.4%
3.4%
Q2 25
15.7%
4.3%
Q1 25
13.3%
3.6%
Q4 24
12.5%
5.3%
Q3 24
12.7%
3.8%
Q2 24
13.7%
3.3%
Q1 24
12.7%
-0.7%
EPS (diluted)
WTS
WTS
XPRO
XPRO
Q4 25
$2.50
$0.05
Q3 25
$2.45
$0.12
Q2 25
$3.01
$0.16
Q1 25
$2.21
$0.12
Q4 24
$2.02
$0.20
Q3 24
$2.06
$0.14
Q2 24
$2.44
$0.13
Q1 24
$2.17
$-0.02

Balance Sheet & Financial Strength

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

Metric
WTS
WTS
XPRO
XPRO
Cash + ST InvestmentsLiquidity on hand
$405.5M
$196.1M
Total DebtLower is stronger
$79.1M
Stockholders' EquityBook value
$2.0B
$1.5B
Total Assets
$2.9B
$2.3B
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
WTS
WTS
XPRO
XPRO
Q4 25
$405.5M
$196.1M
Q3 25
$457.7M
$197.9M
Q2 25
$369.3M
$206.8M
Q1 25
$336.8M
$179.3M
Q4 24
$386.9M
$183.0M
Q3 24
$303.9M
$165.7M
Q2 24
$279.4M
$133.5M
Q1 24
$237.1M
$163.2M
Total Debt
WTS
WTS
XPRO
XPRO
Q4 25
$79.1M
Q3 25
$99.1M
Q2 25
$121.1M
Q1 25
$121.1M
Q4 24
$121.1M
Q3 24
$121.1M
Q2 24
$121.1M
Q1 24
$40.0M
Stockholders' Equity
WTS
WTS
XPRO
XPRO
Q4 25
$2.0B
$1.5B
Q3 25
$2.0B
$1.5B
Q2 25
$1.9B
$1.5B
Q1 25
$1.8B
$1.5B
Q4 24
$1.7B
$1.5B
Q3 24
$1.7B
$1.5B
Q2 24
$1.6B
$1.5B
Q1 24
$1.6B
$1.3B
Total Assets
WTS
WTS
XPRO
XPRO
Q4 25
$2.9B
$2.3B
Q3 25
$2.7B
$2.3B
Q2 25
$2.6B
$2.3B
Q1 25
$2.5B
$2.3B
Q4 24
$2.4B
$2.3B
Q3 24
$2.4B
$2.3B
Q2 24
$2.4B
$2.3B
Q1 24
$2.3B
$2.0B
Debt / Equity
WTS
WTS
XPRO
XPRO
Q4 25
0.05×
Q3 25
0.07×
Q2 25
0.08×
Q1 25
0.08×
Q4 24
0.08×
Q3 24
0.08×
Q2 24
0.08×
Q1 24
0.03×

Cash Flow & Capital Efficiency

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

Metric
WTS
WTS
XPRO
XPRO
Operating Cash FlowLast quarter
$154.7M
$57.1M
Free Cash FlowOCF − Capex
$140.3M
$23.2M
FCF MarginFCF / Revenue
22.4%
6.1%
Capex IntensityCapex / Revenue
2.3%
8.9%
Cash ConversionOCF / Net Profit
1.85×
9.89×
TTM Free Cash FlowTrailing 4 quarters
$356.3M
$97.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
WTS
WTS
XPRO
XPRO
Q4 25
$154.7M
$57.1M
Q3 25
$122.4M
$63.2M
Q2 25
$69.7M
$48.4M
Q1 25
$55.2M
$41.5M
Q4 24
$139.5M
$97.4M
Q3 24
$90.7M
$55.3M
Q2 24
$85.3M
$-13.2M
Q1 24
$45.6M
$29.9M
Free Cash Flow
WTS
WTS
XPRO
XPRO
Q4 25
$140.3M
$23.2M
Q3 25
$110.9M
$39.0M
Q2 25
$59.5M
$27.2M
Q1 25
$45.6M
$8.4M
Q4 24
$127.5M
$53.0M
Q3 24
$84.3M
$23.3M
Q2 24
$78.5M
$-49.5M
Q1 24
$35.5M
$-801.0K
FCF Margin
WTS
WTS
XPRO
XPRO
Q4 25
22.4%
6.1%
Q3 25
18.1%
9.5%
Q2 25
9.2%
6.4%
Q1 25
8.2%
2.1%
Q4 24
23.6%
12.1%
Q3 24
15.5%
5.5%
Q2 24
13.1%
-10.5%
Q1 24
6.2%
-0.2%
Capex Intensity
WTS
WTS
XPRO
XPRO
Q4 25
2.3%
8.9%
Q3 25
1.9%
5.9%
Q2 25
1.6%
5.0%
Q1 25
1.7%
8.5%
Q4 24
2.2%
10.2%
Q3 24
1.2%
7.6%
Q2 24
1.1%
7.7%
Q1 24
1.8%
8.0%
Cash Conversion
WTS
WTS
XPRO
XPRO
Q4 25
1.85×
9.89×
Q3 25
1.49×
4.52×
Q2 25
0.69×
2.69×
Q1 25
0.75×
2.98×
Q4 24
2.07×
4.23×
Q3 24
1.31×
3.40×
Q2 24
1.04×
-0.86×
Q1 24
0.63×

Financial Flow Comparison

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

Revenue Breakdown by Segment

WTS
WTS

Segment breakdown not available.

XPRO
XPRO

NLA$130.3M34%
ESSA$116.3M30%
MENA$93.0M24%
Other$42.5M11%

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