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Crane vs Watts Water Technologies: revenue, profit, margins and growth compared

Crane brought in $2.3B of revenue in fiscal 2025, Watts Water Technologies $2.4B in fiscal 2025. Revenue changed by +8.2% at Crane and +8.3% at Watts Water Technologies on the year before, so Watts Water Technologies grew faster. Crane kept 15.9% of its revenue as net profit, Watts Water Technologies 14.0%. Free cash flow was $341.3M at Crane and $356.3M at Watts Water Technologies.

Side by side, latest fiscal year

CRWTS
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.3B$2.4B
Revenue growth+8.2%+8.3%
Net income$366.6M$340.8M
Net margin15.9%14.0%
Free cash flow$341.3M$356.3M
Free cash flow margin14.8%14.6%
Earnings per share (diluted)$6.26$10.17
Cash$506.5M$405.5M
Debt$1.1B$197.7M
Price to earnings33.035.2
Market value$12B$11.9B
Dividend yield0.44%0.56%
Rank by revenue in sector#207 of 451 · Industrials#203 of 451 · Industrials

Over the years

Revenue
CR FY2021: $2.1BCR FY2023: $1.8BCR FY2023: $1.9BCR FY2024: $2.1BCR FY2025: $2.3BWTS FY2018: $1.6BWTS FY2019: $1.6BWTS FY2020: $1.5BWTS FY2021: $1.8BWTS FY2022: $2BWTS FY2023: $2.1BWTS FY2024: $2.3BWTS FY2025: $2.4BFY18FY19FY20FY21FY22FY23FY24FY25
CR $2.3BWTS $2.4B
Net income
CR FY2021: $435.4MCR FY2023: $401.1MCR FY2023: $255.9MCR FY2024: $294.7MCR FY2025: $366.6MWTS FY2018: $128MWTS FY2019: $131.5MWTS FY2020: $114.3MWTS FY2021: $165.7MWTS FY2022: $251.5MWTS FY2023: $262.1MWTS FY2024: $291.2MWTS FY2025: $340.8MFY18FY19FY20FY21FY22FY23FY24FY25
CR $366.6MWTS $340.8M
Net margin
CR FY2021: 21.1%CR FY2023: 22.6%CR FY2023: 13.7%CR FY2024: 13.8%CR FY2025: 15.9%WTS FY2018: 8.2%WTS FY2019: 8.2%WTS FY2020: 7.6%WTS FY2021: 9.2%WTS FY2022: 12.7%WTS FY2023: 12.7%WTS FY2024: 12.9%WTS FY2025: 14.0%FY18FY19FY20FY21FY22FY23FY24FY25
CR 15.9%WTS 14.0%
Revenue growth
CR FY2023: -13.9%CR FY2023: +4.8%CR FY2024: +14.5%CR FY2025: +8.2%WTS FY2019: +2.3%WTS FY2020: -5.7%WTS FY2021: +19.9%WTS FY2022: +9.4%WTS FY2023: +3.9%WTS FY2024: +9.5%WTS FY2025: +8.3%FY19FY20FY21FY22FY23FY24FY25
CR +8.2%WTS +8.3%
Free cash flow
CR FY2021: $149.8MCR FY2023: -$532.1MCR FY2023: $123.1MCR FY2024: $221.2MCR FY2025: $341.3MWTS FY2018: $133.5MWTS FY2019: $164.8MWTS FY2020: $185MWTS FY2021: $154.1MWTS FY2022: $195.9MWTS FY2023: $281.1MWTS FY2024: $325.8MWTS FY2025: $356.3MFY18FY19FY20FY21FY22FY23FY24FY25
CR $341.3MWTS $356.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Crane and Watts Water Technologies

Which is bigger by revenue, Crane or Watts Water Technologies?

Watts Water Technologies is bigger by revenue: $2.4B in fiscal 2025, against $2.3B for Crane in fiscal 2025.

Which keeps more of its revenue as profit, Crane or Watts Water Technologies?

Crane had a net margin of 15.9% in fiscal 2025; Watts Water Technologies had 14.0% in fiscal 2025.

Which grew revenue faster, Crane or Watts Water Technologies?

In their latest fiscal years revenue changed by +8.2% at Crane and +8.3% at Watts Water Technologies.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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