Waters Statistics
Total Valuation
Waters has a market cap or net worth of $37.13 billion. The enterprise value is $41.66 billion.
| Market Cap | 37.13B |
| Enterprise Value | 41.66B |
Important Dates
The last earnings date was Tuesday, May 5, 2026, before market open.
| Earnings Date | May 5, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
Waters has 98.19 million shares outstanding. The number of shares has increased by 9.55% in one year.
| Current Share Class | 98.19M |
| Shares Outstanding | 98.19M |
| Shares Change (YoY) | +9.55% |
| Shares Change (QoQ) | +37.44% |
| Owned by Insiders (%) | 0.08% |
| Owned by Institutions (%) | 100.04% |
| Float | 98.00M |
Valuation Ratios
The trailing PE ratio is 54.01 and the forward PE ratio is 24.76. Waters's PEG ratio is 2.19.
| PE Ratio | 54.01 |
| Forward PE | 24.76 |
| PS Ratio | 9.69 |
| Forward PS | 5.38 |
| PB Ratio | 2.39 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 138.43 |
| P/OCF Ratio | 93.74 |
| PEG Ratio | 2.19 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 36.70, with an EV/FCF ratio of 157.91.
| EV / Earnings | 92.65 |
| EV / Sales | 11.05 |
| EV / EBITDA | 36.70 |
| EV / EBIT | 53.97 |
| EV / FCF | 157.91 |
Financial Position
The company has a current ratio of 1.79, with a Debt / Equity ratio of 0.37.
| Current Ratio | 1.79 |
| Quick Ratio | 0.97 |
| Debt / Equity | 0.37 |
| Debt / EBITDA | 4.76 |
| Debt / FCF | 21.23 |
| Interest Coverage | 7.45 |
Financial Efficiency
Return on equity (ROE) is 5.21% and return on invested capital (ROIC) is 5.53%.
| Return on Equity (ROE) | 5.21% |
| Return on Assets (ROA) | 3.31% |
| Return on Invested Capital (ROIC) | 5.53% |
| Return on Capital Employed (ROCE) | 3.47% |
| Weighted Average Cost of Capital (WACC) | 9.63% |
| Revenue Per Employee | $477,251 |
| Profits Per Employee | $56,915 |
| Employee Count | 7,900 |
| Asset Turnover | 0.26 |
| Inventory Turnover | 1.68 |
Taxes
In the past 12 months, Waters has paid $74.25 million in taxes.
| Income Tax | 74.25M |
| Effective Tax Rate | 14.17% |
Stock Price Statistics
The stock price has increased by +9.11% in the last 52 weeks. The beta is 1.20, so Waters's price volatility has been higher than the market average.
| Beta (5Y) | 1.20 |
| 52-Week Price Change | +9.11% |
| 50-Day Moving Average | 327.29 |
| 200-Day Moving Average | 341.17 |
| Relative Strength Index (RSI) | 66.08 |
| Average Volume (20 Days) | 1,133,738 |
Short Selling Information
The latest short interest is 3.94 million, so 4.01% of the outstanding shares have been sold short.
| Short Interest | 3.94M |
| Short Previous Month | 3.73M |
| Short % of Shares Out | 4.01% |
| Short % of Float | 4.02% |
| Short Ratio (days to cover) | 3.42 |
Income Statement
In the last 12 months, Waters had revenue of $3.77 billion and earned $449.63 million in profits. Earnings per share was $6.89.
| Revenue | 3.77B |
| Gross Profit | 2.08B |
| Operating Income | 771.81M |
| Pretax Income | 523.88M |
| Net Income | 449.63M |
| EBITDA | 1.14B |
| EBIT | 771.81M |
| Earnings Per Share (EPS) | $6.89 |
Balance Sheet
The company has $462.00 million in cash and $5.60 billion in debt, with a net cash position of -$5.14 billion or -$52.35 per share.
| Cash & Cash Equivalents | 462.00M |
| Total Debt | 5.60B |
| Net Cash | -5.14B |
| Net Cash Per Share | -$52.35 |
| Equity (Book Value) | 15.29B |
| Book Value Per Share | 155.78 |
| Working Capital | 1.79B |
Cash Flow
In the last 12 months, operating cash flow was $389.56 million and capital expenditures -$125.75 million, giving a free cash flow of $263.81 million.
| Operating Cash Flow | 389.56M |
| Capital Expenditures | -125.75M |
| Depreciation & Amortization | 363.24M |
| Net Borrowing | -220.00M |
| Free Cash Flow | 263.81M |
| FCF Per Share | $2.69 |
Margins
Gross margin is 55.15%, with operating and profit margins of 20.47% and 11.93%.
| Gross Margin | 55.15% |
| Operating Margin | 20.47% |
| Pretax Margin | 13.89% |
| Profit Margin | 11.93% |
| EBITDA Margin | 30.11% |
| EBIT Margin | 20.47% |
| FCF Margin | 7.00% |
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 | -9.55% |
| Shareholder Yield | -9.55% |
| Earnings Yield | 1.23% |
| FCF Yield | 0.72% |
Analyst Forecast
The average price target for Waters is $399.33, which is 5.59% higher than the current price. The consensus rating is "Buy".
| Price Target | $399.33 |
| Price Target Difference | 5.59% |
| Analyst Consensus | Buy |
| Analyst Count | 22 |
| Revenue Growth Forecast (3Y) | 33.52% |
| EPS Growth Forecast (3Y) | 10.94% |
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 2.36 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.36 |
| Piotroski F-Score | 3 |