The large eddy simulation (LES) technique is used to model the turbulent flow of water in a two-stage, axial discharge, in-line rotor-stator mixer. The WALE sub-grid scale model is employed, and the resulting filtered velocity field is ensemble averaged to predict the mean velocity, turbulent kinetic energy, energy dissipation rate, and energy production rate. The results of these 3-D sliding mesh simulations are compared to analogous RANS predictions on similar meshes using the realizable k-ε turbulence model. Stator slot flow rate and rotor torque/power draw are also monitored. RANS and LES predict similar mean velocity profiles, flow rate and rotor torque. LES predicts higher turbulent kinetic energy, but lower dissipation rate compared to RANS. Results from a coarse and refined computational mesh are compared to discuss the significance of resolving smaller scales for LES. The effect of operating conditions on throughput, power draw, and other quantities of practical utility are also discussed. It was found that prediction of macroscopic quantities such as flow rate and power draw can be done efficiently using either RANS or LES on a relatively course mesh while capturing turbulence quantities requires a well refined LES simulation.