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Side-by-side financial comparison of WATTS WATER TECHNOLOGIES INC (WTS) and ZK International Group Co., Ltd. (ZKIN). 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 $108.2M, roughly 5.8× ZK International Group Co., Ltd.). WATTS WATER TECHNOLOGIES INC runs the higher net margin — 13.4% vs -2.6%, a 16.0% gap on every dollar of revenue. WATTS WATER TECHNOLOGIES INC produced more free cash flow last quarter ($140.3M vs $-7.5M).

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...

ZK International Group Co., Ltd. is a China-based enterprise focused on the research, development, design, manufacturing and sale of high-quality stainless steel piping systems and fluid transport supporting products. Its offerings cater to construction, municipal infrastructure and residential engineering segments, with core markets spanning China and selected overseas regions.

WTS vs ZKIN — Head-to-Head

Bigger by revenue
WTS
WTS
5.8× larger
WTS
$625.1M
$108.2M
ZKIN
Higher net margin
WTS
WTS
16.0% more per $
WTS
13.4%
-2.6%
ZKIN
More free cash flow
WTS
WTS
$147.8M more FCF
WTS
$140.3M
$-7.5M
ZKIN

Income Statement — Q4 2025 vs Q4 2024

Metric
WTS
WTS
ZKIN
ZKIN
Revenue
$625.1M
$108.2M
Net Profit
$83.7M
$-2.8M
Gross Margin
49.5%
6.1%
Operating Margin
18.2%
-1.6%
Net Margin
13.4%
-2.6%
Revenue YoY
15.7%
Net Profit YoY
24.0%
EPS (diluted)
$2.50
$-0.57

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
ZKIN
ZKIN
Q4 25
$625.1M
Q3 25
$611.7M
Q2 25
$643.7M
Q1 25
$558.0M
Q4 24
$540.4M
Q3 24
$543.6M
$108.2M
Q2 24
$597.3M
Q1 24
$570.9M
Net Profit
WTS
WTS
ZKIN
ZKIN
Q4 25
$83.7M
Q3 25
$82.2M
Q2 25
$100.9M
Q1 25
$74.0M
Q4 24
$67.5M
Q3 24
$69.1M
$-2.8M
Q2 24
$82.0M
Q1 24
$72.6M
Gross Margin
WTS
WTS
ZKIN
ZKIN
Q4 25
49.5%
Q3 25
48.8%
Q2 25
50.6%
Q1 25
48.8%
Q4 24
46.7%
Q3 24
47.3%
6.1%
Q2 24
47.7%
Q1 24
46.9%
Operating Margin
WTS
WTS
ZKIN
ZKIN
Q4 25
18.2%
Q3 25
18.2%
Q2 25
21.0%
Q1 25
15.7%
Q4 24
16.5%
Q3 24
17.1%
-1.6%
Q2 24
18.7%
Q1 24
16.9%
Net Margin
WTS
WTS
ZKIN
ZKIN
Q4 25
13.4%
Q3 25
13.4%
Q2 25
15.7%
Q1 25
13.3%
Q4 24
12.5%
Q3 24
12.7%
-2.6%
Q2 24
13.7%
Q1 24
12.7%
EPS (diluted)
WTS
WTS
ZKIN
ZKIN
Q4 25
$2.50
Q3 25
$2.45
Q2 25
$3.01
Q1 25
$2.21
Q4 24
$2.02
Q3 24
$2.06
$-0.57
Q2 24
$2.44
Q1 24
$2.17

Balance Sheet & Financial Strength

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

Metric
WTS
WTS
ZKIN
ZKIN
Cash + ST InvestmentsLiquidity on hand
$405.5M
$4.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.0B
$28.2M
Total Assets
$2.9B
$80.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
WTS
WTS
ZKIN
ZKIN
Q4 25
$405.5M
Q3 25
$457.7M
Q2 25
$369.3M
Q1 25
$336.8M
Q4 24
$386.9M
Q3 24
$303.9M
$4.1M
Q2 24
$279.4M
Q1 24
$237.1M
Stockholders' Equity
WTS
WTS
ZKIN
ZKIN
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$1.9B
Q1 25
$1.8B
Q4 24
$1.7B
Q3 24
$1.7B
$28.2M
Q2 24
$1.6B
Q1 24
$1.6B
Total Assets
WTS
WTS
ZKIN
ZKIN
Q4 25
$2.9B
Q3 25
$2.7B
Q2 25
$2.6B
Q1 25
$2.5B
Q4 24
$2.4B
Q3 24
$2.4B
$80.0M
Q2 24
$2.4B
Q1 24
$2.3B

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
ZKIN
ZKIN
Operating Cash FlowLast quarter
$154.7M
$-6.9M
Free Cash FlowOCF − Capex
$140.3M
$-7.5M
FCF MarginFCF / Revenue
22.4%
-6.9%
Capex IntensityCapex / Revenue
2.3%
0.6%
Cash ConversionOCF / Net Profit
1.85×
TTM Free Cash FlowTrailing 4 quarters
$356.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
WTS
WTS
ZKIN
ZKIN
Q4 25
$154.7M
Q3 25
$122.4M
Q2 25
$69.7M
Q1 25
$55.2M
Q4 24
$139.5M
Q3 24
$90.7M
$-6.9M
Q2 24
$85.3M
Q1 24
$45.6M
Free Cash Flow
WTS
WTS
ZKIN
ZKIN
Q4 25
$140.3M
Q3 25
$110.9M
Q2 25
$59.5M
Q1 25
$45.6M
Q4 24
$127.5M
Q3 24
$84.3M
$-7.5M
Q2 24
$78.5M
Q1 24
$35.5M
FCF Margin
WTS
WTS
ZKIN
ZKIN
Q4 25
22.4%
Q3 25
18.1%
Q2 25
9.2%
Q1 25
8.2%
Q4 24
23.6%
Q3 24
15.5%
-6.9%
Q2 24
13.1%
Q1 24
6.2%
Capex Intensity
WTS
WTS
ZKIN
ZKIN
Q4 25
2.3%
Q3 25
1.9%
Q2 25
1.6%
Q1 25
1.7%
Q4 24
2.2%
Q3 24
1.2%
0.6%
Q2 24
1.1%
Q1 24
1.8%
Cash Conversion
WTS
WTS
ZKIN
ZKIN
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×
Q1 24
0.63×

Financial Flow Comparison

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

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