Waters Corporation (LON:0LTI)

Waters Statistics

Total Valuation

Waters has a market cap or net worth of GBP 17.18 billion. The enterprise value is 17.98 billion.

Market Cap	17.18B
Enterprise Value	17.98B

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 35.50 and the forward PE ratio is 27.58.

PE Ratio	35.50
Forward PE	27.58
PS Ratio	7.42
PB Ratio	9.88
P/TBV Ratio	54.64
P/FCF Ratio	38.25
P/OCF Ratio	31.63
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 21.70, with an EV/FCF ratio of 40.05.

EV / Earnings	37.17
EV / Sales	7.73
EV / EBITDA	21.70
EV / EBIT	27.77
EV / FCF	40.05

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	304,716
Profits Per Employee	63,660
Employee Count	7,600
Asset Turnover	0.66
Inventory Turnover	2.33

Taxes

In the past 12 months, Waters has paid 88.64 million in taxes.

Income Tax	88.64M
Effective Tax Rate	15.48%

Stock Price Statistics

The stock price has decreased by -0.06% in the last 52 weeks. The beta is 1.16, so Waters's price volatility has been higher than the market average.

Beta (5Y)	1.16
52-Week Price Change	-0.06%
50-Day Moving Average	366.60
200-Day Moving Average	340.49
Relative Strength Index (RSI)	52.70
Average Volume (20 Days)	215

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)	3.57

Income Statement

In the last 12 months, Waters had revenue of GBP 2.32 billion and earned 483.81 million in profits. Earnings per share was 8.11.

Revenue	2.32B
Gross Profit	1.37B
Operating Income	645.03M
Pretax Income	572.45M
Net Income	483.81M
EBITDA	795.86M
EBIT	645.03M
Earnings Per Share (EPS)	8.11

Balance Sheet

The company has 342.36 million in cash and 1.15 billion in debt, giving a net cash position of -805.43 million.

Cash & Cash Equivalents	342.36M
Total Debt	1.15B
Net Cash	-805.43M
Net Cash Per Share	n/a
Equity (Book Value)	1.74B
Book Value Per Share	29.20
Working Capital	498.04M

Cash Flow

In the last 12 months, operating cash flow was 542.97 million and capital expenditures -93.86 million, giving a free cash flow of 449.10 million.

Operating Cash Flow	542.97M
Capital Expenditures	-93.86M
Free Cash Flow	449.10M
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	2.82%
FCF Yield	2.61%

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