Waters Corporation (LON:0LTI)

Waters Statistics

Total Valuation

Waters has a market cap or net worth of GBP 21.24 billion. The enterprise value is 21.96 billion.

Market Cap	21.24B
Enterprise Value	21.96B

Important Dates

The next estimated earnings date is Tuesday, May 5, 2026.

Earnings Date	May 5, 2026
Ex-Dividend Date	n/a

Share Statistics

Current Share Class	98.10M
Shares Outstanding	n/a
Shares Change (YoY)	+0.26%
Shares Change (QoQ)	+0.24%
Owned by Insiders (%)	0.08%
Owned by Institutions (%)	60.19%
Float	97.97M

Valuation Ratios

The trailing PE ratio is 44.48 and the forward PE ratio is 20.71.

PE Ratio	44.48
Forward PE	20.71
PS Ratio	9.03
PB Ratio	11.16
P/TBV Ratio	43.11
P/FCF Ratio	52.95
P/OCF Ratio	43.80
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 25.61, with an EV/FCF ratio of 54.75.

EV / Earnings	45.99
EV / Sales	9.18
EV / EBITDA	25.61
EV / EBIT	32.74
EV / FCF	54.75

Financial Position

The company has a current ratio of 1.73, with a Debt / Equity ratio of 0.60.

Current Ratio	1.73
Quick Ratio	1.14
Debt / Equity	0.60
Debt / EBITDA	1.36
Debt / FCF	2.86
Interest Coverage	12.77

Financial Efficiency

Return on equity (ROE) is 29.28% and return on invested capital (ROIC) is 21.82%.

Return on Equity (ROE)	29.28%
Return on Assets (ROA)	11.52%
Return on Invested Capital (ROIC)	21.82%
Return on Capital Employed (ROCE)	23.14%
Weighted Average Cost of Capital (WACC)	10.51%
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 -23.40% in the last 52 weeks. The beta is 1.20, so Waters's price volatility has been higher than the market average.

Beta (5Y)	1.20
52-Week Price Change	-23.40%
50-Day Moving Average	353.31
200-Day Moving Average	340.59
Relative Strength Index (RSI)	23.70
Average Volume (20 Days)	1,222

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)	2.58

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	659.64M
Pretax Income	560.87M
Net Income	477.47M
EBITDA	812.88M
EBIT	659.64M
Earnings Per Share (EPS)	7.99

Balance Sheet

The company has 436.76 million in cash and 1.15 billion in debt, with a net cash position of -710.40 million.

Cash & Cash Equivalents	436.76M
Total Debt	1.15B
Net Cash	-710.40M
Net Cash Per Share	n/a
Equity (Book Value)	1.90B
Book Value Per Share	31.96
Working Capital	674.75M

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 28.05% and 20.30%.

Gross Margin	59.28%
Operating Margin	28.05%
Pretax Margin	23.85%
Profit Margin	20.30%
EBITDA Margin	34.56%
EBIT Margin	28.05%
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	2.25%
FCF Yield	1.89%

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