Waters Statistics
Total Valuation
Waters has a market cap or net worth of $40.35 billion. The enterprise value is $45.29 billion.
| Market Cap | 40.35B |
| Enterprise Value | 45.29B |
Important Dates
The last earnings date was Tuesday, August 4, 2026, before market open.
| Earnings Date | Aug 4, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
Waters has 98.25 million shares outstanding. The number of shares has increased by 25.49% in one year.
| Current Share Class | 98.25M |
| Shares Outstanding | 98.25M |
| Shares Change (YoY) | +25.49% |
| Shares Change (QoQ) | +19.56% |
| Owned by Insiders (%) | 0.08% |
| Owned by Institutions (%) | 101.10% |
| Float | 98.07M |
Valuation Ratios
The trailing PE ratio is 185.43 and the forward PE ratio is 26.30. Waters's PEG ratio is 2.10.
| PE Ratio | 185.43 |
| Forward PE | 26.30 |
| PS Ratio | 8.69 |
| Forward PS | 5.86 |
| PB Ratio | 2.65 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 101.18 |
| P/OCF Ratio | 73.42 |
| PEG Ratio | 2.10 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 31.19, with an EV/FCF ratio of 113.56.
| EV / Earnings | 271.79 |
| EV / Sales | 9.75 |
| EV / EBITDA | 31.19 |
| EV / EBIT | 53.99 |
| EV / FCF | 113.56 |
Financial Position
The company has a current ratio of 1.86, with a Debt / Equity ratio of 0.36.
| Current Ratio | 1.86 |
| Quick Ratio | 1.05 |
| Debt / Equity | 0.36 |
| Debt / EBITDA | 3.67 |
| Debt / FCF | 13.73 |
| Interest Coverage | 5.61 |
Financial Efficiency
Return on equity (ROE) is 1.92% and return on invested capital (ROIC) is 3.35%.
| Return on Equity (ROE) | 1.92% |
| Return on Assets (ROA) | 3.56% |
| Return on Invested Capital (ROIC) | 3.35% |
| Return on Capital Employed (ROCE) | 3.75% |
| Weighted Average Cost of Capital (WACC) | 9.74% |
| Revenue Per Employee | $587,884 |
| Profits Per Employee | $21,092 |
| Employee Count | 7,900 |
| Asset Turnover | 0.32 |
| Inventory Turnover | 2.11 |
Taxes
In the past 12 months, Waters has paid $39.25 million in taxes.
| Income Tax | 39.25M |
| Effective Tax Rate | 19.06% |
Stock Price Statistics
The stock price has increased by +38.41% in the last 52 weeks. The beta is 1.18, so Waters's price volatility has been higher than the market average.
| Beta (5Y) | 1.18 |
| 52-Week Price Change | +38.41% |
| 50-Day Moving Average | 381.24 |
| 200-Day Moving Average | 358.96 |
| Relative Strength Index (RSI) | 59.42 |
| Average Volume (20 Days) | 874,506 |
Short Selling Information
The latest short interest is 4.17 million, so 4.24% of the outstanding shares have been sold short.
| Short Interest | 4.17M |
| Short Previous Month | 3.70M |
| Short % of Shares Out | 4.24% |
| Short % of Float | 4.25% |
| Short Ratio (days to cover) | 5.07 |
Income Statement
In the last 12 months, Waters had revenue of $4.64 billion and earned $166.63 million in profits. Earnings per share was $2.21.
| Revenue | 4.64B |
| Gross Profit | 2.62B |
| Operating Income | 838.81M |
| Pretax Income | 205.88M |
| Net Income | 166.63M |
| EBITDA | 1.45B |
| EBIT | 838.81M |
| Earnings Per Share (EPS) | $2.21 |
Balance Sheet
The company has $539.00 million in cash and $5.48 billion in debt, with a net cash position of -$4.94 billion or -$50.26 per share.
| Cash & Cash Equivalents | 539.00M |
| Total Debt | 5.48B |
| Net Cash | -4.94B |
| Net Cash Per Share | -$50.26 |
| Equity (Book Value) | 15.20B |
| Book Value Per Share | 154.70 |
| Working Capital | 2.07B |
Cash Flow
In the last 12 months, operating cash flow was $549.56 million and capital expenditures -$150.75 million, giving a free cash flow of $398.81 million.
| Operating Cash Flow | 549.56M |
| Capital Expenditures | -150.75M |
| Depreciation & Amortization | 613.24M |
| Net Borrowing | -348.00M |
| Free Cash Flow | 398.81M |
| FCF Per Share | $4.06 |
Margins
Gross margin is 56.34%, with operating and profit margins of 18.06% and 3.59%.
| Gross Margin | 56.34% |
| Operating Margin | 18.06% |
| Pretax Margin | 4.43% |
| Profit Margin | 3.59% |
| EBITDA Margin | 31.27% |
| EBIT Margin | 18.06% |
| FCF Margin | 8.59% |
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 | -25.49% |
| Shareholder Yield | -25.49% |
| Earnings Yield | 0.41% |
| FCF Yield | 0.99% |
Analyst Forecast
The average price target for Waters is $436.00, which is 6.16% higher than the current price. The consensus rating is "Buy".
| Price Target | $436.00 |
| Price Target Difference | 6.16% |
| Analyst Consensus | Buy |
| Analyst Count | 24 |
| Revenue Growth Forecast (3Y) | 33.73% |
| EPS Growth Forecast (3Y) | 12.24% |
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 2.56 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.56 |
| Piotroski F-Score | 5 |