Waters Corporation (LON:0LTI)

Waters Statistics

Total Valuation

Waters has a market cap or net worth of GBP 14.36 billion. The enterprise value is 14.97 billion.

Market Cap	14.36B
Enterprise Value	14.97B

Important Dates

The last earnings date was Monday, February 9, 2026.

Earnings Date	Feb 9, 2026
Ex-Dividend Date	n/a

Share Statistics

Current Share Class	59.53M
Shares Outstanding	n/a
Shares Change (YoY)	+0.26%
Shares Change (QoQ)	+0.24%
Owned by Insiders (%)	0.12%
Owned by Institutions (%)	98.37%
Float	59.42M

Valuation Ratios

The trailing PE ratio is 30.08 and the forward PE ratio is 14.44.

PE Ratio	30.08
Forward PE	14.44
PS Ratio	6.11
PB Ratio	7.55
P/TBV Ratio	29.16
P/FCF Ratio	35.81
P/OCF Ratio	29.63
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 18.18, with an EV/FCF ratio of 37.31.

EV / Earnings	31.34
EV / Sales	6.45
EV / EBITDA	18.18
EV / EBIT	22.28
EV / FCF	37.31

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	0.55
Debt / EBITDA	1.25
Debt / FCF	2.61
Interest Coverage	18.05

Financial Efficiency

Return on equity (ROE) is 29.28% and return on invested capital (ROIC) is 22.98%.

Return on Equity (ROE)	29.28%
Return on Assets (ROA)	11.89%
Return on Invested Capital (ROIC)	22.98%
Return on Capital Employed (ROCE)	n/a
Weighted Average Cost of Capital (WACC)	10.21%
Revenue Per Employee	297,697
Profits Per Employee	60,440
Employee Count	7,900
Asset Turnover	0.66
Inventory Turnover	2.46

Taxes

In the past 12 months, Waters has paid 83.40 million in taxes.

Income Tax	83.40M
Effective Tax Rate	14.87%

Stock Price Statistics

The stock price has decreased by -22.50% in the last 52 weeks. The beta is 1.18, so Waters's price volatility has been higher than the market average.

Beta (5Y)	1.18
52-Week Price Change	-22.50%
50-Day Moving Average	382.62
200-Day Moving Average	343.72
Relative Strength Index (RSI)	23.51
Average Volume (20 Days)	243

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)	3.29

Income Statement

In the last 12 months, Waters had revenue of GBP 2.35 billion and earned 477.47 million in profits. Earnings per share was 7.99.

Revenue	2.35B
Gross Profit	1.39B
Operating Income	681.06M
Pretax Income	560.87M
Net Income	477.47M
EBITDA	834.29M
EBIT	681.06M
Earnings Per Share (EPS)	7.99

Balance Sheet

The company has 436.76 million in cash and 1.05 billion in debt, with a net cash position of -608.97 million.

Cash & Cash Equivalents	436.76M
Total Debt	1.05B
Net Cash	-608.97M
Net Cash Per Share	n/a
Equity (Book Value)	1.90B
Book Value Per Share	31.96
Working Capital	1.48B

Cash Flow

In the last 12 months, operating cash flow was 484.85 million and capital expenditures -83.77 million, giving a free cash flow of 401.08 million.

Operating Cash Flow	484.85M
Capital Expenditures	-83.77M
Free Cash Flow	401.08M
FCF Per Share	n/a

Margins

Gross margin is 59.28%, with operating and profit margins of 28.96% and 20.30%.

Gross Margin	59.28%
Operating Margin	28.96%
Pretax Margin	23.85%
Profit Margin	20.30%
EBITDA Margin	35.47%
EBIT Margin	28.96%
FCF Margin	17.05%

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	-0.26%
Shareholder Yield	-0.26%
Earnings Yield	3.32%
FCF Yield	2.79%

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

Altman Z-Score	n/a
Piotroski F-Score	6