Waters Corporation (WAT)
NYSE: WAT · Real-Time Price · USD
365.89
+8.12 (2.26%)
Nov 21, 2024, 10:59 AM EST - Market open

Waters Statistics

Total Valuation

Waters has a market cap or net worth of $21.72 billion. The enterprise value is $22.84 billion.

Market Cap 21.72B
Enterprise Value 22.84B

Important Dates

The last earnings date was Friday, November 1, 2024, before market open.

Earnings Date Nov 1, 2024
Ex-Dividend Date n/a

Share Statistics

Waters has 59.38 million shares outstanding. The number of shares has increased by 0.07% in one year.

Current Share Class 59.38M
Shares Outstanding 59.38M
Shares Change (YoY) +0.07%
Shares Change (QoQ) +0.09%
Owned by Insiders (%) 0.19%
Owned by Institutions (%) 98.67%
Float 59.22M

Valuation Ratios

The trailing PE ratio is 34.91 and the forward PE ratio is 28.93. Waters's PEG ratio is 3.78.

PE Ratio 34.91
Forward PE 28.93
PS Ratio 7.30
Forward PS 6.87
PB Ratio 13.25
P/TBV Ratio n/a
P/FCF Ratio 34.26
P/OCF Ratio 28.24
PEG Ratio 3.78
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 22.66, with an EV/FCF ratio of 36.83.

EV / Earnings 36.69
EV / Sales 7.86
EV / EBITDA 22.66
EV / EBIT 27.97
EV / FCF 36.83

Financial Position

The company has a current ratio of 2.02, with a Debt / Equity ratio of 1.20.

Current Ratio 2.02
Quick Ratio 1.23
Debt / Equity 1.20
Debt / EBITDA 1.84
Debt / FCF 3.11
Interest Coverage 8.06

Financial Efficiency

Return on equity (ROE) is 49.64% and return on invested capital (ROIC) is 14.52%.

Return on Equity (ROE) 49.64%
Return on Assets (ROA) 11.33%
Return on Capital (ROIC) 14.52%
Revenue Per Employee $367,740
Profits Per Employee $78,815
Employee Count 7,900
Asset Turnover 0.64
Inventory Turnover 2.20

Taxes

In the past 12 months, Waters has paid $92.84 million in taxes.

Income Tax 92.84M
Effective Tax Rate 12.98%

Stock Price Statistics

The stock price has increased by +36.62% in the last 52 weeks. The beta is 0.97, so Waters's price volatility has been similar to the market average.

Beta (5Y) 0.97
52-Week Price Change +36.62%
50-Day Moving Average 352.16
200-Day Moving Average 331.65
Relative Strength Index (RSI) 48.49
Average Volume (20 Days) 567,752

Short Selling Information

The latest short interest is 2.15 million, so 3.62% of the outstanding shares have been sold short.

Short Interest 2.15M
Short Previous Month 2.47M
Short % of Shares Out 3.62%
Short % of Float 3.63%
Short Ratio (days to cover) 5.61

Income Statement

In the last 12 months, Waters had revenue of $2.91 billion and earned $622.64 million in profits. Earnings per share was $10.48.

Revenue 2.91B
Gross Profit 1.74B
Operating Income 816.73M
Pretax Income 675.06M
Net Income 622.64M
EBITDA 1.01B
EBIT 816.73M
Earnings Per Share (EPS) $10.48
Full Income Statement

Balance Sheet

The company has $331.46 million in cash and $1.93 billion in debt, giving a net cash position of -$1.60 billion or -$26.94 per share.

Cash & Cash Equivalents 331.46M
Total Debt 1.93B
Net Cash -1.60B
Net Cash Per Share -$26.94
Equity (Book Value) 1.60B
Book Value Per Share 27.00
Working Capital 831.68M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $752.11 million and capital expenditures -$131.97 million, giving a free cash flow of $620.14 million.

Operating Cash Flow 752.11M
Capital Expenditures -131.97M
Free Cash Flow 620.14M
FCF Per Share $10.44
Full Cash Flow Statement

Margins

Gross margin is 59.73%, with operating and profit margins of 28.11% and 21.43%.

Gross Margin 59.73%
Operating Margin 28.11%
Pretax Margin 24.63%
Profit Margin 21.43%
EBITDA Margin 34.70%
EBIT Margin 28.11%
FCF Margin 19.50%

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 -0.07%
Shareholder Yield -0.07%
Earnings Yield 2.93%
FCF Yield 2.92%
Dividend Details

Analyst Forecast

The average price target for Waters is $363.92, which is -0.54% lower than the current price. The consensus rating is "Hold".

Price Target $363.92
Price Target Difference -0.54%
Analyst Consensus Hold
Analyst Count 13
Revenue Growth Forecast (5Y) 4.52%
EPS Growth Forecast (5Y) 9.80%
Stock Forecasts

Stock Splits

The last stock split was on August 28, 2000. It was a forward split with a ratio of 2:1.

Last Split Date Aug 28, 2000
Split Type Forward
Split Ratio 2:1

Scores

Waters has an Altman Z-Score of 8.24 and a Piotroski F-Score of 6.

Altman Z-Score 8.24
Piotroski F-Score 6