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Waters Corporation

$408.34 +$26.38 (+6.91%)

NYSE · 11 Sep 2026 20:00 UTC

Previous Close

$401.64

Day Range

$405.25$410.11

Year Range

$282.77$426.22

Market Cap

30.54B

AVG Volume

917.07K

Trailing/Forward PE

101.58/24.74

PEG ratio

7.67

Dividend Yield

Next Earnings Date

2026-11-03

Primary Exchange

New York Stock Exchange

Revenue (USD)

WAT Revenue (USD) by quarter
Period	Revenue (USD)
26 Q2	1.65B
26 Q1	1.27B
25 Q4	932.36M
25 Q3	799.89M
25 Q2	771.33M
25 Q1	661.71M
24 Q4	872.71M
24 Q3	740.3M
24 Q2	708.53M
24 Q1	636.84M

Net Income (USD)

WAT Net Income (USD) by quarter
Period	Net Income (USD)
26 Q2	-136M
26 Q1	-72M
25 Q4	225.21M
25 Q3	148.92M
25 Q2	147.11M
25 Q1	121.38M
24 Q4	231.4M
24 Q3	161.5M
24 Q2	142.74M
24 Q1	102.2M

Operating Income (USD)

WAT Operating Income (USD) by quarter
Period	Operating Income (USD)
26 Q2	-86M
26 Q1	-47M
25 Q4	310.58M
25 Q3	192.11M
25 Q2	188.21M
25 Q1	151.75M
24 Q4	292.26M
24 Q3	211.13M
24 Q2	189.11M
24 Q1	133.85M

EBITDA (USD)

WAT EBITDA (USD) by quarter
Period	EBITDA (USD)
26 Q2	215M
26 Q1	106M
25 Q4	325.34M
25 Q3	249.43M
25 Q2	243.69M
25 Q1	206.53M
24 Q4	344.55M
24 Q3	262.56M
24 Q2	240.37M
24 Q1	188.89M

Cash Flows (USD)

WAT Cash Flows (USD) by quarter
Period	Cash Flows (USD)
26 Q2	153M
26 Q1	-42M
25 Q4	125.58M
25 Q3	161.87M
25 Q2	18.55M
25 Q1	233.81M
24 Q4	188.03M
24 Q3	178.96M
24 Q2	18.43M
24 Q1	234.22M

EPS (USD)

WAT EPS (USD) by quarter
Period	EPS (USD)
26 Q2	-1.39
26 Q1	-0.87
25 Q4	3.77
25 Q3	2.5
25 Q2	2.47
25 Q1	2.03
24 Q4	3.88
24 Q3	2.71
24 Q2	2.4
24 Q1	1.72

Expenses (USD)

WAT Expenses (USD) by quarter
Period	Expenses (USD)
26 Q2	575M
26 Q1	529M
25 Q4	285.82M
25 Q3	293.31M
25 Q2	272.4M
25 Q1	247.25M
24 Q4	272.29M
24 Q3	240.05M
24 Q2	255.53M
24 Q1	247.79M

Cash & Debt (USD)

WAT Cash & Debt (USD) by quarter
Period	Cash & Debt (USD)
26 Q2	539M
26 Q1	462M
25 Q4	587.83M
25 Q3	459.12M
25 Q2	367.21M
25 Q1	382.87M
24 Q4	325.36M
24 Q3	331.46M
24 Q2	327.36M
24 Q1	338.21M

Debt ratios

WAT Debt ratios by quarter
Period	Debt ratios
26 Q2	5.26
26 Q1	5.53
25 Q4	0.88
25 Q3	0.98
25 Q2	1.11
25 Q1	1.09
24 Q4	1.33
24 Q3	1.56
24 Q2	1.8
24 Q1	1.84

Margins

WAT Margins by quarter
Period	Margins
26 Q2	44.62%
26 Q1	46.96%
25 Q4	59.79%
25 Q3	59.02%
25 Q2	58.33%
25 Q1	58.18%
24 Q4	60.07%
24 Q3	59.25%
24 Q2	59.32%
24 Q1	58.89%

Return on Capital

WAT Return on Capital by quarter
Period	Return on Capital
26 Q2	-0.9%
26 Q1	-0.47%
25 Q4	8.79%
25 Q3	6.39%
25 Q2	6.81%
25 Q1	6.19%
24 Q4	12.66%
24 Q3	10.07%
24 Q2	10.11%
24 Q1	8.13%

Shares Outstanding

WAT Shares Outstanding by quarter
Period	Shares Outstanding
26 Q2	98.2M
26 Q1	82.14M
25 Q4	59.55M
25 Q3	59.53M
25 Q2	59.52M
25 Q1	59.44M
24 Q4	59.39M
24 Q3	59.31M
24 Q2	59.34M
24 Q1	59.23M

Dividends (USD)

WAT Dividends (USD) by quarter
Period	Dividends (USD)
Nov 96	0.04

Employee Count

WAT Employee Count by quarter
Period	Employee Count
2025	7.9K
2024	7.6K
2023	7.9K
2022	8.2K
2021	7.8K
2020	7.4K
2019	7.5K
2018	7.2K
2017	7K
2016	6.9K

Book Value Per Share (USD)

WAT Book Value Per Share (USD) by quarter
Period	Book Value Per Share (USD)
26 Q2	154.73
26 Q1	186.17
25 Q4	43.01
25 Q3	39.15
25 Q2	36.29
25 Q1	33.02
24 Q4	30.79
24 Q3	27.03
24 Q2	23.79
24 Q1	21.21

Total Assets (USD)

WAT Total Assets (USD) by quarter
Period	Total Assets (USD)
26 Q2	24.75B
26 Q1	24.53B
25 Q4	5.08B
25 Q3	4.86B
25 Q2	4.72B
25 Q1	4.59B
24 Q4	4.55B
24 Q3	4.51B
24 Q2	4.45B
24 Q1	4.51B

PE Ratio

WAT PE Ratio by quarter
Period	PE Ratio
Sep 26	241.37
Sep 26	241.99
Aug 26	245.12
Aug 26	242.77
Aug 26	243.63
Aug 26	74.39
Jul 26	68.99
Jul 26	68.51
Jul 26	67.46
Jul 26	68.83
Jul 26	69.35
Jun 26	68.46
Jun 26	64.99
Jun 26	65
Jun 26	66.8
May 26	70.13
May 26	62.6
May 26	60.19
May 26	32.91
May 26	28.46
Apr 26	28.71
Apr 26	30.37
Apr 26	29.65
Apr 26	28.19
Mar 26	26.79
Mar 26	27.7
Mar 26	26.55
Mar 26	28.03
Feb 26	29.59
Feb 26	30.58
Feb 26	29.67
Feb 26	34.98
Jan 26	34.01
Jan 26	35.99
Jan 26	35.54
Jan 26	36.4
Jan 26	35.04
Dec 25	35.42
Dec 25	34.68
Dec 25	35.35
Dec 25	36.22
Nov 25	37.01
Nov 25	36.15
Nov 25	34.81
Nov 25	34.1
Oct 25	31.46
Oct 25	32.35
Oct 25	30.11
Oct 25	29.78
Oct 25	29.55
Sep 25	26.25
Sep 25	27.07
Sep 25	26.58
Sep 25	27.56
Aug 25	27.16
Aug 25	27.19
Aug 25	26.23
Aug 25	25.3
Aug 25	26.26
Jul 25	27.41
Jul 25	26.01
Jul 25	31.93
Jul 25	31.68
Jun 25	31.88
Jun 25	31
Jun 25	30.97
Jun 25	31.77
May 25	31.59
May 25	31.34
May 25	32.52
May 25	31.13
May 25	32.63
Apr 25	31.46
Apr 25	29.89
Apr 25	30.28
Apr 25	30.25
Mar 25	33.72
Mar 25	34.03
Mar 25	35.11
Mar 25	36.59
Feb 25	35.13
Feb 25	35.71
Feb 25	35.22
Feb 25	39.01
Jan 25	39.58
Jan 25	39.18
Jan 25	38.49
Jan 25	36.23
Jan 25	35.41
Dec 24	35.69
Dec 24	35.07
Dec 24	36.03
Dec 24	36.59
Nov 24	36.65
Nov 24	35.58
Nov 24	34.15
Nov 24	36.63
Nov 24	36.89
Oct 24	32.33
Oct 24	34.71

Free Cash Flow Yield

WAT Free Cash Flow Yield by quarter
Period	Free Cash Flow Yield
Sep 26	0.99%
Sep 26	0.99%
Aug 26	0.98%
Aug 26	0.99%
Aug 26	0.98%
Aug 26	0.79%
Jul 26	0.85%
Jul 26	0.86%
Jul 26	0.87%
Jul 26	0.85%
Jul 26	0.85%
Jun 26	0.86%
Jun 26	0.9%
Jun 26	0.9%
Jun 26	0.88%
May 26	0.84%
May 26	0.94%
May 26	0.98%
May 26	2.55%
May 26	2.95%
Apr 26	2.93%
Apr 26	2.77%
Apr 26	2.83%
Apr 26	2.98%
Mar 26	3.14%
Mar 26	3.03%
Mar 26	3.16%
Mar 26	3%
Feb 26	2.84%
Feb 26	3.04%
Feb 26	3.13%
Feb 26	2.65%
Jan 26	2.73%
Jan 26	2.58%
Jan 26	2.61%
Jan 26	2.55%
Jan 26	2.65%
Dec 25	2.62%
Dec 25	2.68%
Dec 25	2.63%
Dec 25	2.56%
Nov 25	2.51%
Nov 25	2.57%
Nov 25	2.67%
Nov 25	2.72%
Oct 25	2.98%
Oct 25	2.89%
Oct 25	3.11%
Oct 25	3.14%
Oct 25	3.17%
Sep 25	3.57%
Sep 25	3.46%
Sep 25	3.52%
Sep 25	3.4%
Aug 25	3.45%
Aug 25	3.44%
Aug 25	3.57%
Aug 25	3.7%
Aug 25	3.59%
Jul 25	3.44%
Jul 25	3.62%
Jul 25	2.95%
Jul 25	2.97%
Jun 25	2.96%
Jun 25	3.04%
Jun 25	3.04%
Jun 25	2.97%
May 25	2.98%
May 25	3.01%
May 25	2.9%
May 25	3.03%
May 25	2.98%
Apr 25	3.09%
Apr 25	3.25%
Apr 25	3.21%
Apr 25	3.21%
Mar 25	2.88%
Mar 25	2.86%
Mar 25	2.77%
Mar 25	2.66%
Feb 25	2.77%
Feb 25	2.79%
Feb 25	2.83%
Feb 25	2.55%
Jan 25	2.52%
Jan 25	2.54%
Jan 25	2.59%
Jan 25	2.75%
Jan 25	2.81%
Dec 24	2.79%
Dec 24	2.84%
Dec 24	2.76%
Dec 24	2.72%
Nov 24	2.72%
Nov 24	2.8%
Nov 24	2.92%
Nov 24	2.72%
Nov 24	2.7%
Oct 24	2.91%
Oct 24	2.71%

Price to Sales

WAT Price to Sales by quarter
Period	Price to Sales
Sep 26	8.63
Sep 26	8.66
Aug 26	8.77
Aug 26	8.68
Aug 26	8.72
Aug 26	8.86
Jul 26	8.22
Jul 26	8.16
Jul 26	8.04
Jul 26	8.2
Jul 26	8.26
Jun 26	8.16
Jun 26	7.74
Jun 26	7.74
Jun 26	7.96
May 26	8.36
May 26	7.46
May 26	7.17
May 26	6.68
May 26	5.78
Apr 26	5.83
Apr 26	6.17
Apr 26	6.02
Apr 26	5.72
Mar 26	5.44
Mar 26	5.62
Mar 26	5.39
Mar 26	5.69
Feb 26	6.01
Feb 26	6.39
Feb 26	6.2
Feb 26	7.31
Jan 26	7.11
Jan 26	7.52
Jan 26	7.42
Jan 26	7.6
Jan 26	7.32
Dec 25	7.4
Dec 25	7.25
Dec 25	7.39
Dec 25	7.57
Nov 25	7.73
Nov 25	7.55
Nov 25	7.27
Nov 25	7.12
Oct 25	6.83
Oct 25	7.02
Oct 25	6.54
Oct 25	6.47
Oct 25	6.42
Sep 25	5.7
Sep 25	5.88
Sep 25	5.77
Sep 25	5.98
Aug 25	5.9
Aug 25	5.9
Aug 25	5.7
Aug 25	5.49
Aug 25	5.78
Jul 25	6.04
Jul 25	5.73
Jul 25	7.03
Jul 25	6.98
Jun 25	7.02
Jun 25	6.83
Jun 25	6.82
Jun 25	7
May 25	6.96
May 25	6.9
May 25	7.16
May 25	6.86
May 25	7.03
Apr 25	6.78
Apr 25	6.44
Apr 25	6.53
Apr 25	6.52
Mar 25	7.27
Mar 25	7.34
Mar 25	7.57
Mar 25	7.89
Feb 25	7.57
Feb 25	7.65
Feb 25	7.55
Feb 25	8.36
Jan 25	8.48
Jan 25	8.4
Jan 25	8.25
Jan 25	7.77
Jan 25	7.59
Dec 24	7.65
Dec 24	7.52
Dec 24	7.72
Dec 24	7.84
Nov 24	7.85
Nov 24	7.63
Nov 24	7.32
Nov 24	7.85
Nov 24	7.91
Oct 24	6.7
Oct 24	7.19

EV/EBITDA

WAT EV/EBITDA by quarter
Period	EV/EBITDA
Sep 26	50.03
Sep 26	50.14
Aug 26	50.73
Aug 26	50.29
Aug 26	50.45
Aug 26	41.67
Jul 26	39.05
Jul 26	38.82
Jul 26	38.31
Jul 26	38.97
Jul 26	39.23
Jun 26	38.79
Jun 26	37.11
Jun 26	37.11
Jun 26	37.99
May 26	39.61
May 26	35.94
May 26	34.78
May 26	21.51
May 26	18.72
Apr 26	18.88
Apr 26	19.92
Apr 26	19.47
Apr 26	18.56
Mar 26	17.68
Mar 26	18.25
Mar 26	17.53
Mar 26	18.46
Feb 26	19.44
Feb 26	19.99
Feb 26	19.42
Feb 26	22.72
Jan 26	22.12
Jan 26	23.35
Jan 26	23.07
Jan 26	23.6
Jan 26	22.76
Dec 25	22.99
Dec 25	22.53
Dec 25	22.95
Dec 25	23.49
Nov 25	23.98
Nov 25	23.44
Nov 25	22.61
Nov 25	22.17
Oct 25	20.79
Oct 25	21.34
Oct 25	19.94
Oct 25	19.74
Oct 25	19.59
Sep 25	17.53
Sep 25	18.04
Sep 25	17.73
Sep 25	18.35
Aug 25	18.1
Aug 25	18.12
Aug 25	17.52
Aug 25	16.94
Aug 25	17.47
Jul 25	18.18
Jul 25	17.31
Jul 25	21
Jul 25	20.84
Jun 25	20.97
Jun 25	20.42
Jun 25	20.4
Jun 25	20.9
May 25	20.79
May 25	20.63
May 25	21.37
May 25	20.5
May 25	21.41
Apr 25	20.69
Apr 25	19.72
Apr 25	19.96
Apr 25	19.95
Mar 25	22.08
Mar 25	22.27
Mar 25	22.94
Mar 25	23.85
Feb 25	22.95
Feb 25	23.61
Feb 25	23.31
Feb 25	25.65
Jan 25	26
Jan 25	25.76
Jan 25	25.33
Jan 25	23.94
Jan 25	23.43
Dec 24	23.6
Dec 24	23.22
Dec 24	23.81
Dec 24	24.16
Nov 24	24.19
Nov 24	23.53
Nov 24	22.65
Nov 24	24.18
Nov 24	24.34
Oct 24	21.51
Oct 24	22.96

Price/Operating Cashflow

WAT Price/Operating Cashflow by quarter
Period	Price/Operating Cashflow
Sep 26	72.93
Sep 26	73.11
Aug 26	74.06
Aug 26	73.35
Aug 26	73.61
Aug 26	85.69
Jul 26	79.47
Jul 26	78.91
Jul 26	77.71
Jul 26	79.28
Jul 26	79.88
Jun 26	78.86
Jun 26	74.86
Jun 26	74.88
Jun 26	76.95
May 26	80.78
May 26	72.11
May 26	69.34
May 26	32.41
May 26	28.02
Apr 26	28.28
Apr 26	29.91
Apr 26	29.2
Apr 26	27.76
Mar 26	26.39
Mar 26	27.28
Mar 26	26.15
Mar 26	27.61
Feb 26	29.14
Feb 26	27.25
Feb 26	26.44
Feb 26	31.17
Jan 26	30.31
Jan 26	32.07
Jan 26	31.67
Jan 26	32.44
Jan 26	31.23
Dec 25	31.56
Dec 25	30.91
Dec 25	31.5
Dec 25	32.28
Nov 25	32.98
Nov 25	32.21
Nov 25	31.02
Nov 25	30.39
Oct 25	27.91
Oct 25	28.7
Oct 25	26.71
Oct 25	26.43
Oct 25	26.22
Sep 25	23.29
Sep 25	24.02
Sep 25	23.58
Sep 25	24.46
Aug 25	24.1
Aug 25	24.13
Aug 25	23.28
Aug 25	22.45
Aug 25	22.74
Jul 25	23.73
Jul 25	22.52
Jul 25	27.64
Jul 25	27.43
Jun 25	27.61
Jun 25	26.84
Jun 25	26.81
Jun 25	27.51
May 25	27.36
May 25	27.13
May 25	28.16
May 25	26.95
May 25	27.31
Apr 25	26.33
Apr 25	25.01
Apr 25	25.34
Apr 25	25.32
Mar 25	28.22
Mar 25	28.48
Mar 25	29.39
Mar 25	30.62
Feb 25	29.4
Feb 25	29.56
Feb 25	29.16
Feb 25	32.29
Jan 25	32.77
Jan 25	32.44
Jan 25	31.86
Jan 25	30
Jan 25	29.32
Dec 24	29.54
Dec 24	29.03
Dec 24	29.83
Dec 24	30.29
Nov 24	30.34
Nov 24	29.45
Nov 24	28.27
Nov 24	30.32
Nov 24	30.54
Oct 24	27.3
Oct 24	29.31

Price to Book

WAT Price to Book by quarter
Period	Price to Book
Sep 26	2.64
Sep 26	2.65
Aug 26	2.68
Aug 26	2.65
Aug 26	2.66
Aug 26	2.19
Jul 26	2.03
Jul 26	2.01
Jul 26	1.98
Jul 26	2.02
Jul 26	2.04
Jun 26	2.01
Jun 26	1.91
Jun 26	1.91
Jun 26	1.96
May 26	2.06
May 26	1.84
May 26	1.77
May 26	8.26
May 26	7.14
Apr 26	7.2
Apr 26	7.62
Apr 26	7.44
Apr 26	7.07
Mar 26	6.72
Mar 26	6.95
Mar 26	6.66
Mar 26	7.03
Feb 26	7.43
Feb 26	8.51
Feb 26	8.26
Feb 26	9.74
Jan 26	9.47
Jan 26	10.02
Jan 26	9.89
Jan 26	10.13
Jan 26	9.76
Dec 25	9.86
Dec 25	9.66
Dec 25	9.84
Dec 25	10.08
Nov 25	10.3
Nov 25	10.06
Nov 25	9.69
Nov 25	9.49
Oct 25	9.63
Oct 25	9.91
Oct 25	9.22
Oct 25	9.12
Oct 25	9.05
Sep 25	8.04
Sep 25	8.29
Sep 25	8.14
Sep 25	8.44
Aug 25	8.32
Aug 25	8.33
Aug 25	8.03
Aug 25	7.75
Aug 25	8.79
Jul 25	9.18
Jul 25	8.71
Jul 25	10.69
Jul 25	10.61
Jun 25	10.67
Jun 25	10.38
Jun 25	10.37
Jun 25	10.64
May 25	10.58
May 25	10.49
May 25	10.89
May 25	10.42
May 25	11.38
Apr 25	10.97
Apr 25	10.43
Apr 25	10.56
Apr 25	10.55
Mar 25	11.76
Mar 25	11.87
Mar 25	12.25
Mar 25	12.76
Feb 25	12.26
Feb 25	13.87
Feb 25	13.68
Feb 25	15.15
Jan 25	15.37
Jan 25	15.22
Jan 25	14.95
Jan 25	14.07
Jan 25	13.75
Dec 24	13.86
Dec 24	13.62
Dec 24	14
Dec 24	14.21
Nov 24	14.23
Nov 24	13.82
Nov 24	13.26
Nov 24	14.23
Nov 24	14.33
Oct 24	13.64
Oct 24	14.64

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News: WAT

prnewswire.com · 11 Sep 2026

Waters Corporation to Present at the J.P. Morgan U.S. All Stars Conference

MILFORD, Mass., Sept. 11, 2026 /PRNewswire/ -- Waters Corporation (NYSE: WAT) announced that Udit Batra, Ph.D.

seekingalpha.com · 9 Sep 2026

Waters Corporation (WAT) Presents at Wells Fargo 21st Annual Healthcare Conference Transcript

zacks.com · 3 Sep 2026

Why Is Waters (WAT) Up 3.1% Since Last Earnings Report?

Waters (WAT) reported earnings 30 days ago. What's next for the stock?

defenseworld.net · 2 Sep 2026

Waters Corporation $WAT Shares Purchased by Benjamin Edwards Inc.

Benjamin Edwards Inc. lifted its holdings in shares of Waters Corporation (NYSE: WAT) by 72.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,189 shares of the medical instruments supplier's stock after purchasing an additional 1,760 shares during the

benzinga.com · 27 Aug 2026

This Waters Analyst Turns Bullish; Here Are Top 3 Upgrades For Thursday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

businesswire.com · 27 Aug 2026

LetsGetChecked Powered by Fuze Health Partners with Waters Corporation to Bring the Most Comprehensive FDA-Cleared At-Home HPV Cervical Cancer Screening Tool Available in the U.S. Today to Patients

WEST CHESTER, Ohio--(BUSINESS WIRE)--LetsGetChecked now offers the most comprehensive FDA-cleared at-home HPV screening tool available in the U.S.

prnewswire.com · 26 Aug 2026

Waters Corporation to Present at the Wells Fargo Healthcare Conference

MILFORD, Mass., Aug. 26, 2026 /PRNewswire/ -- Waters Corporation (NYSE: WAT) announced that Udit Batra, Ph.D.

defenseworld.net · 26 Aug 2026

Bank of Nova Scotia Sells 3,735 Shares of Waters Corporation $WAT

Bank of Nova Scotia cut its stake in shares of Waters Corporation (NYSE: WAT) by 27.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,923 shares of the medical instruments supplier's stock after selling 3,735 shares during the period.