Waters Corporation (FRA:WAZ)

Waters Statistics

Total Valuation

Waters has a market cap or net worth of EUR 20.71 billion. The enterprise value is 21.64 billion.

Market Cap	20.71B
Enterprise Value	21.64B

Important Dates

The next estimated earnings date is Tuesday, February 10, 2026.

Earnings Date	Feb 10, 2026
Ex-Dividend Date	n/a

Share Statistics

Current Share Class	59.53M
Shares Outstanding	n/a
Shares Change (YoY)	+0.44%
Shares Change (QoQ)	-0.06%
Owned by Insiders (%)	0.11%
Owned by Institutions (%)	99.73%
Float	59.42M

Valuation Ratios

The trailing PE ratio is 37.33 and the forward PE ratio is 28.85.

PE Ratio	37.33
Forward PE	28.85
PS Ratio	7.80
PB Ratio	10.39
P/TBV Ratio	57.45
P/FCF Ratio	40.21
P/OCF Ratio	33.26
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 22.67, with an EV/FCF ratio of 42.02.

EV / Earnings	39.01
EV / Sales	8.08
EV / EBITDA	22.67
EV / EBIT	29.01
EV / FCF	42.02

Financial Position

The company has a current ratio of 1.53, with a Debt / Equity ratio of 0.66.

Current Ratio	1.53
Quick Ratio	0.97
Debt / Equity	0.66
Debt / EBITDA	1.39
Debt / FCF	2.56
Interest Coverage	11.65

Financial Efficiency

Return on equity (ROE) is 32.99% and return on invested capital (ROIC) is 14.60%.

Return on Equity (ROE)	32.99%
Return on Assets (ROA)	11.53%
Return on Invested Capital (ROIC)	14.60%
Return on Capital Employed (ROCE)	23.95%
Revenue Per Employee	349,466
Profits Per Employee	73,009
Employee Count	7,600
Asset Turnover	0.66
Inventory Turnover	2.33

Taxes

In the past 12 months, Waters has paid 101.66 million in taxes.

Income Tax	101.66M
Effective Tax Rate	15.48%

Stock Price Statistics

The stock price has decreased by -12.44% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	-12.44%
50-Day Moving Average	296.71
200-Day Moving Average	293.75
Relative Strength Index (RSI)	69.60
Average Volume (20 Days)	1

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	3.40

Income Statement

In the last 12 months, Waters had revenue of EUR 2.66 billion and earned 554.86 million in profits. Earnings per share was 9.30.

Revenue	2.66B
Gross Profit	1.57B
Operating Income	739.75M
Pretax Income	656.52M
Net Income	554.86M
EBITDA	912.74M
EBIT	739.75M
Earnings Per Share (EPS)	9.30

Balance Sheet

The company has 392.64 million in cash and 1.32 billion in debt, giving a net cash position of -923.71 million.

Cash & Cash Equivalents	392.64M
Total Debt	1.32B
Net Cash	-923.71M
Net Cash Per Share	n/a
Equity (Book Value)	1.99B
Book Value Per Share	33.49
Working Capital	571.18M

Cash Flow

In the last 12 months, operating cash flow was 622.71 million and capital expenditures -107.65 million, giving a free cash flow of 515.06 million.

Operating Cash Flow	622.71M
Capital Expenditures	-107.65M
Free Cash Flow	515.06M
FCF Per Share	n/a

Margins

Gross margin is 58.96%, with operating and profit margins of 27.85% and 20.89%.

Gross Margin	58.96%
Operating Margin	27.85%
Pretax Margin	24.72%
Profit Margin	20.89%
EBITDA Margin	34.37%
EBIT Margin	27.85%
FCF Margin	19.39%

Dividends & Yields

Waters does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-0.44%
Shareholder Yield	-0.44%
Earnings Yield	2.68%
FCF Yield	2.49%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Waters has an Altman Z-Score of 9.25 and a Piotroski F-Score of 6.

Altman Z-Score	9.25
Piotroski F-Score	6