Waters Statistics
Total Valuation
Waters has a market cap or net worth of $22.07 billion. The enterprise value is $23.15 billion.
| Market Cap | 22.07B |
| Enterprise Value | 23.15B |
Important Dates
The next confirmed earnings date is Thursday, February 12, 2026, before market open.
| Earnings Date | Feb 12, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
Waters has 59.53 million shares outstanding. The number of shares has increased by 0.44% in one year.
| Current Share Class | 59.53M |
| Shares Outstanding | 59.53M |
| Shares Change (YoY) | +0.44% |
| Shares Change (QoQ) | -0.06% |
| Owned by Insiders (%) | 0.12% |
| Owned by Institutions (%) | 99.12% |
| Float | 59.41M |
Valuation Ratios
The trailing PE ratio is 34.09 and the forward PE ratio is 26.66. Waters's PEG ratio is 2.94.
| PE Ratio | 34.09 |
| Forward PE | 26.66 |
| PS Ratio | 7.10 |
| Forward PS | 6.58 |
| PB Ratio | 9.47 |
| P/TBV Ratio | 52.35 |
| P/FCF Ratio | 36.65 |
| P/OCF Ratio | 30.31 |
| PEG Ratio | 2.94 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 21.69, with an EV/FCF ratio of 38.44.
| EV / Earnings | 35.68 |
| EV / Sales | 7.45 |
| EV / EBITDA | 21.69 |
| EV / EBIT | 26.76 |
| EV / FCF | 38.44 |
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 21.51%.
| Return on Equity (ROE) | 32.99% |
| Return on Assets (ROA) | 11.53% |
| Return on Invested Capital (ROIC) | 21.51% |
| Return on Capital Employed (ROCE) | 23.95% |
| Weighted Average Cost of Capital (WACC) | 10.22% |
| Revenue Per Employee | $408,637 |
| Profits Per Employee | $85,370 |
| Employee Count | 7,600 |
| Asset Turnover | 0.66 |
| Inventory Turnover | 2.33 |
Taxes
In the past 12 months, Waters has paid $118.87 million in taxes.
| Income Tax | 118.87M |
| Effective Tax Rate | 15.48% |
Stock Price Statistics
The stock price has decreased by -8.28% 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 | -8.28% |
| 50-Day Moving Average | 389.73 |
| 200-Day Moving Average | 343.32 |
| Relative Strength Index (RSI) | 35.05 |
| Average Volume (20 Days) | 499,784 |
Short Selling Information
The latest short interest is 2.03 million, so 3.41% of the outstanding shares have been sold short.
| Short Interest | 2.03M |
| Short Previous Month | 2.31M |
| Short % of Shares Out | 3.41% |
| Short % of Float | 3.41% |
| Short Ratio (days to cover) | 3.97 |
Income Statement
In the last 12 months, Waters had revenue of $3.11 billion and earned $648.81 million in profits. Earnings per share was $10.88.
| Revenue | 3.11B |
| Gross Profit | 1.83B |
| Operating Income | 865.01M |
| Pretax Income | 767.68M |
| Net Income | 648.81M |
| EBITDA | 1.07B |
| EBIT | 865.01M |
| Earnings Per Share (EPS) | $10.88 |
Balance Sheet
The company has $459.12 million in cash and $1.54 billion in debt, with a net cash position of -$1.08 billion or -$18.14 per share.
| Cash & Cash Equivalents | 459.12M |
| Total Debt | 1.54B |
| Net Cash | -1.08B |
| Net Cash Per Share | -$18.14 |
| Equity (Book Value) | 2.33B |
| Book Value Per Share | 39.15 |
| Working Capital | 667.90M |
Cash Flow
In the last 12 months, operating cash flow was $728.14 million and capital expenditures -$125.88 million, giving a free cash flow of $602.27 million.
| Operating Cash Flow | 728.14M |
| Capital Expenditures | -125.88M |
| Free Cash Flow | 602.27M |
| FCF Per Share | $10.12 |
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 | 2.94% |
| FCF Yield | 2.73% |
Analyst Forecast
The average price target for Waters is $395.00, which is 6.55% higher than the current price. The consensus rating is "Buy".
| Price Target | $395.00 |
| Price Target Difference | 6.55% |
| Analyst Consensus | Buy |
| Analyst Count | 17 |
| Revenue Growth Forecast (5Y) | 6.63% |
| EPS Growth Forecast (5Y) | 10.71% |
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
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 9.25 and a Piotroski F-Score of 6.
| Altman Z-Score | 9.25 |
| Piotroski F-Score | 6 |