Waters Corporation (WAT)

NYSE: WAT · Real-Time Price · USD

408.34

+6.70 (1.67%)

At close: Sep 11, 2026, 4:00 PM EDT

407.00

-1.34 (-0.33%)

After-hours: Sep 11, 2026, 7:30 PM EDT

Waters Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 11, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	40,119	22,613	22,027	19,466	20,352	22,742
Market Cap Growth	130.01%	2.66%	13.16%	-4.35%	-10.51%	48.14%
Enterprise Value	45,057	23,693	23,627	21,722	21,538	23,798
Last Close Price	408.34	379.83	370.98	329.23	342.58	372.60

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 11, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	184.37	35.19	34.53	30.31	28.76	32.82
Forward PE	26.15	27.40	29.42	28.27	27.80	32.40
PS Ratio	8.64	7.14	7.45	6.58	6.85	8.16
PB Ratio	2.64	8.83	12.05	16.92	40.34	61.87
P/TBV Ratio	-	34.11	-	-	-	-
P/FCF Ratio	100.60	41.89	35.55	44.02	46.71	38.81
P/OCF Ratio	73.00	34.65	28.90	32.29	33.27	30.43
PEG Ratio	2.09	3.19	4.01	6.01	3.01	3.03

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 11, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
EV/Sales Ratio	9.70	7.49	7.99	7.35	7.25	8.54
EV/EBITDA Ratio	31.03	21.66	22.56	21.13	21.24	24.83
EV/EBIT Ratio	53.71	26.69	27.62	25.19	24.37	28.79
EV/FCF Ratio	112.98	43.89	38.13	49.13	49.43	40.61

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 11, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Debt / Equity Ratio	0.36	0.60	0.93	2.14	3.31	4.37
Debt / EBITDA Ratio	3.67	1.36	1.57	2.31	1.59	1.62
Debt / FCF Ratio	13.73	2.86	2.75	5.56	3.83	2.74
Net Debt / Equity Ratio	0.33	0.37	0.75	1.79	2.35	2.82
Net Debt / EBITDA Ratio	3.40	0.87	1.32	2.01	1.17	1.08
Net Debt / FCF Ratio	12.38	1.77	2.22	4.67	2.72	1.77
Asset Turnover	0.32	0.66	0.64	0.75	0.93	0.94
Inventory Turnover	2.12	2.46	2.42	2.46	3.08	3.50
Quick Ratio	1.05	1.14	1.34	1.39	1.53	1.74
Current Ratio	1.86	1.73	2.11	2.22	2.25	2.39
Return on Equity (ROE)	1.92%	29.28%	42.82%	77.62%	162.32%	231.06%
Return on Assets (ROA)	3.56%	11.52%	11.65%	13.63%	17.32%	17.41%
Return on Invested Capital (ROIC)	3.35%	22.48%	22.52%	30.68%	48.22%	52.80%
Return on Capital Employed (ROCE)	3.80%	23.10%	22.70%	22.50%	35.40%	34.20%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 11, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Earnings Yield	0.42%	2.84%	2.90%	3.30%	3.48%	3.05%
FCF Yield	0.99%	2.39%	2.81%	2.27%	2.14%	2.58%
Buyback Yield / Dilution	-25.49%	-0.26%	-0.48%	1.76%	2.74%	0.62%

SEC Filings: 10-K · 10-Q