Waters Corporation (WAT)

Waters Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Nov 7, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	22,128	22,027	19,466	20,352	22,742	15,352
Market Cap Growth	11.85%	13.16%	-4.35%	-10.51%	48.14%	1.97%
Enterprise Value	23,209	23,627	21,722	21,538	23,798	16,631
Last Close Price	371.69	370.98	329.23	342.58	372.60	247.42
PE Ratio	34.17	34.53	30.31	28.76	32.82	29.43
Forward PE	26.68	29.42	28.27	27.80	32.40	27.77
PS Ratio	7.12	7.45	6.58	6.85	8.16	6.49
PB Ratio	9.49	12.05	16.92	40.34	61.87	66.13
P/TBV Ratio	52.49	-	-	-	-	-
P/FCF Ratio	36.74	35.55	44.02	46.71	38.81	24.84
P/OCF Ratio	30.39	28.90	32.29	33.27	30.43	19.42
PEG Ratio	2.66	4.01	6.01	3.01	3.03	6.65
EV/Sales Ratio	7.47	7.99	7.35	7.25	8.54	7.03
EV/EBITDA Ratio	21.75	22.95	20.86	21.24	24.83	21.38
EV/EBIT Ratio	26.83	28.21	24.82	24.37	28.79	25.48
EV/FCF Ratio	38.54	38.13	49.13	49.43	40.61	26.91
Debt / Equity Ratio	0.66	0.93	2.14	3.31	4.37	6.45
Debt / EBITDA Ratio	1.39	1.59	2.28	1.59	1.62	1.84
Debt / FCF Ratio	2.56	2.75	5.56	3.83	2.74	2.42
Asset Turnover	0.66	0.64	0.75	0.93	0.94	0.88
Inventory Turnover	2.33	2.42	2.46	3.08	3.50	3.22
Quick Ratio	0.97	1.34	1.39	1.53	1.74	1.26
Current Ratio	1.53	2.11	2.22	2.25	2.39	1.74
Return on Equity (ROE)	32.99%	42.82%	77.62%	162.32%	231.06%	6575.94%
Return on Assets (ROA)	11.53%	11.40%	13.84%	17.32%	17.41%	15.12%
Return on Capital (ROIC)	14.60%	14.66%	18.93%	26.64%	27.90%	24.81%
Return on Capital Employed (ROCE)	24.00%	22.30%	22.80%	35.40%	34.20%	32.10%
Earnings Yield	2.93%	2.90%	3.30%	3.48%	3.05%	3.40%
FCF Yield	2.72%	2.81%	2.27%	2.14%	2.58%	4.03%
Buyback Yield / Dilution	-0.44%	-0.48%	1.76%	2.74%	0.62%	8.44%

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q