Waters Corporation (WAT)

NYSE: WAT · Real-Time Price · USD

455.59

-1.88 (-0.41%)

At close: Oct 22, 2026, 4:00 PM EDT

448.16

-7.43 (-1.63%)

After-hours: Oct 22, 2026, 4:53 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	Oct '26 Oct 22, 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	44,761	22,613	22,027	19,466	20,352	22,742
Market Cap Growth	119.12%	2.66%	13.16%	-4.35%	-10.51%	48.14%
Enterprise Value	49,699	23,693	23,627	21,722	21,538	23,798
Last Close Price	457.47	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	Oct '26 Oct 22, 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	205.70	35.19	34.53	30.31	28.76	32.82
Forward PE	29.37	27.40	29.42	28.27	27.80	32.40
PS Ratio	9.53	7.14	7.45	6.58	6.85	8.16
PB Ratio	2.96	8.83	12.05	16.92	40.34	61.87
P/TBV Ratio	-	34.11	-	-	-	-
P/FCF Ratio	110.99	41.89	35.55	44.02	46.71	38.81
P/OCF Ratio	80.55	34.65	28.90	32.29	33.27	30.43
PEG Ratio	2.35	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	Oct '26 Oct 22, 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	10.59	7.49	7.99	7.35	7.25	8.54
EV/EBITDA Ratio	33.89	21.66	22.56	21.13	21.24	24.83
EV/EBIT Ratio	58.66	26.69	27.62	25.19	24.37	28.79
EV/FCF Ratio	123.38	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	Oct '26 Oct 22, 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	Oct '26 Oct 22, 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	0.49%	2.84%	2.90%	3.30%	3.48%	3.05%
FCF Yield	0.90%	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