What is Waters Corp. Quarterly Revenue?

Waters Corp. Quarterly Revenue Waters Jun-2026 Quarterly Revenue is $1,645 Million which is growth of 113.3% YoY.

What is Waters Corp. Quarterly Net Profit?

Waters Corp. Quarterly Net Profit Waters Jun-2026 Quarterly Net Profit is $-136 Million which is growth of -192.4% YoY.

What is Waters Corp. Annual Revenue?

Waters Corp. Annual Revenue Waters Dec-2025 Annual Revenue is $3,165 Million which is growth of 7.0% YoY.

What is Waters Corp. Annual Net Profit?

Waters Corp. Annual Net Profit Waters Dec-2025 Annual Net Profit is $643 Million which is growth of 0.8% YoY.

What is Waters Corp. Total Shareholders Fund?

Waters Corp. Total Shareholders Fund Waters Dec-2025 Total Shareholders Fund is $2,561 Million which is growth of 40.1% YoY.

What is Waters Corp. Total Assets?

Waters Corp. Total Assets Waters Dec-2025 Total Assets is $5,077 Million which is growth of 11.5% YoY.

What is Waters Corp. Book Value Per Share?

Waters Corp. Book Value Per Share Waters Book Value Per Share is $26 which is growth of -28.0% YoY.

What is Waters Corp. ROE?

Waters Corp. ROE Waters ROE is 0% which is growth of 0% YoY.

What is Waters Corp. Cash From Operating Activity?

Waters Corp. Cash From Operating Activity Waters Dec-2025 Cash From Operating Activity is $653 Million which is growth of -14.4% YoY.

What is Waters Corp. Net Cash Flow?

Waters Corp. Net Cash Flow Waters Dec-2025 Net Cash Flow is $263 Million which is growth of 434.8% YoY.

Waters Corp.

XNYS: WAT

Momentum Trap

Download real time

-6.86(-1.57%)

New 52W High in past week

1.0M

XNYS Volume

XNYS 08 Oct, 2026 5:30 PM (EDT)

Portfolio

Alert

My Notes

Waters quarterly and annual earnings report: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

View Charts

Forecaster Analyst Estimates for Waters share price target, revenues, EPS, net income and more

Waters quarterly results: revenue, profit, and P&L – 13 quarter history

Nested row level

Base Level

Reporting Type

Originally Reported

Cell Data

Actual

Table Settings

YoY & New to Old

Nested row level

Base Level

Export

POSITIVE
Quarterly Revenue Waters Jun-2026 Quarterly Revenue is $1,645 Million which is growth of 113.3% YoY.
NEGATIVE
Quarterly Net Profit Waters Jun-2026 Quarterly Net Profit is $-136 Million which is growth of -192.4% YoY.

Waters Corp., Earnings Report - Quarterly Results, standalone, All financials are in USD Million and price data in USD
Indicator	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23	Jun '23
SR_Q Operating Rev.	1,645	1,267	932.4	799.9	771.3	661.7	872.7	740.3	708.5	636.8	819.5	711.7	740.6
CostOfRevenue_Q Cost Of Rev.	911	679	362.9	327.8	321.4	276.8	348.5	301.7	288.2	261.8	318.4	291.4	301.1
GrossProfit_Q Gross Profit	734	588	569.5	472.1	449.9	385	524.2	438.7	420.3	375.1	501.1	420.3	439.5
OEXPNS_Q Operating Exp. ⌄	771	635	299	280	261.7	233.2	231.9	226.2	231.2	231	236.9	240.9	239.6
AdminAndSellingExpenses_Q Admin Plus Selling Exp.	405	387	240	214.2	201.3	174.9	173.3	169.1	173.3	174.5	180.4	186.8	187
ResearchAndDevlopmentExpenses_Q RnD Exp.	122	96	46.9	53.6	48.6	46.6	46.9	45.3	46.2	44.6	44.4	42	45.9
OP_Q Operating Profit	-37	-47	270.5	192.1	188.2	151.7	292.3	212.5	189.1	144.1	264.2	179.4	199.9
NetNonOperIntIncExp_Q Net Non Operations Interest Incuding Expenses ⌄	-55	-42	-8.6	-21.9	-9.9	-10.4	-14.4	-17.2	-19.4	-21.3	-26.1	-26.6	-19.2
Others_Q Other Interest Earned	5	6	5.7	4.7	4.5	3.9	4.6	4.3	4.3	4.3	4.6	3.9	4
IntExpNonOperating_Q Interest Exp. Non Operating	60	48	14.3	26.6	14.4	14.3	19	21.4	23.7	25.5	30.7	30.4	23.3
PBT_Q Profit Before Tax	-141	-88	264.2	170.1	177.7	142.9	277	193.6	169.4	114.9	237.6	153.2	180.3
TAX_Q Tax	-5	-16	39	21.2	30.6	21.5	45.6	32.1	26.7	12.7	21.4	18.6	29.7
NICommonStockholders_Q Net Income Common Stockholders ⌄	-136	-72	225.2	148.9	147.1	121.4	231.4	161.5	142.7	102.2	216.2	134.6	150.6
NP_Q Net Profit	-136	-72	225.2	148.9	147.1	121.4	231.4	161.5	142.7	102.2	216.2	134.6	150.6
NIIncludingNoncontrollingInterests_Q Net Income Including Non controlling Interests	-136	-72	225.2	148.9	147.1	121.4	231.4	161.5	142.7	102.2	216.2	134.6	150.6
DilutedNIAvailtoComStockholders_Q Diluted NI Avail to Com Stockholders Ann.	-136	-72	225.2	148.9	147.1	121.4	231.4	161.5	142.7	102.2	216.2	134.6	150.6
EPS_Q Basic EPS	-1.4	-0.9	3.8	2.5	2.5	2	3.9	2.7	2.4	1.7	3.7	2.3	2.6
AfterDilutedEPS_Q Diluted EPS After ExtraOrdinary	-0.9	-0.9	3.8	2.5	2.5	2	3.9	2.7	2.4	1.9	3.7	2.3	2.6
SHARE_Q Number Of Shares End	98.2	82.1	59.6	59.5	59.5	59.4	59.4	59.4	59.3	59.2	59.1	59.1	58.9
NIContinuingDiscontinuedOper_Q Net Income Continuing Discontinued Operations	-136	-72	225.2	148.9	147.1	121.4	231.4	161.5	142.7	102.2	216.2	134.6	150.6
NormalizedIncome_Q Normalized Income	-88.7	-72	225.2	148.9	147.1	121.4	231.4	162.6	142.7	111.3	216.2	134.6	150.6
InterestIncome_Q Interest Income	5	6	5.7	4.7	4.5	3.9	4.6	4.3	4.3	4.3	4.6	3.9	4
INT_Q Interest	60	48	14.3	26.6	14.4	14.3	19	21.4	23.7	25.5	30.7	30.4	23.3
NetInterestIncome_Q Net Interest Income	-55	-42	-8.6	-21.9	-9.9	-10.4	-14.4	-17.2	-19.4	-21.3	-26.1	-26.6	-19.2
EBIT_Q EBIT	-81	-40	278.5	196.8	192	157.2	296	215.1	193.1	140.4	268.3	183.6	203.6
EBITDA_Q EBITDA	220	167	331	249.4	243.7	206.5	344.6	262.6	240.4	188.9	316.4	231.4	242.4
ReconciledCostOfRevenue_Q Reconciled Cost Of Rev.	854	624	322.4	287.2	281.7	239.1	311.7	265.9	252.8	225.1	282.5	255.7	269
ReconciledDepreciation_Q Reconciled Depr.	301	207	52.5	52.7	51.7	49.4	48.6	47.5	47.2	48.5	48.1	47.8	38.9
ProfitLossFromContinuingOperations_Q Profit From Continuing Operations	-136	-72	225.2	148.9	147.1	121.4	231.4	161.5	142.7	102.2	216.2	134.6	150.6
NormalizedEBITDA_Q Normalized EBITDA	269	167	331	249.4	243.7	206.5	344.6	263.9	240.4	199.1	316.4	231.4	242.4

*All financials are in USD Million and price data in USD

Add metric to table

Search...

Waters competitor comparison and performance snapshot within industry

Waters annual results: revenue, profit, P&L, and margins as of Dec 2025 – 11 year history

Nested row level

Base Level

Reporting Type

Originally Reported

Cell Data

Actual

Table Settings

YoY & New to Old

CAGR Columns

Select...

Nested row level

Base Level

Export

POSITIVE
Annual Revenue Waters Dec-2025 Annual Revenue is $3,165 Million which is growth of 7.0% YoY.
POSITIVE
Annual Net Profit Waters Dec-2025 Annual Net Profit is $643 Million which is growth of 0.8% YoY.

Waters Corp., Earnings Report - Annual Results, standalone, All financials are in USD Million and price data in USD
Indicator	CAGR 3 Yrs	CAGR 5 Yrs	TTM	Dec '25	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
SR_A Total Rev. Ann. ⌄	2.1%	6%		3,165.3	2,958.4	2,956.4	2,972	2,785.9	2,365.4	2,406.6	2,419.9	2,309.1	2,167.4	2,042.3
TotalOperatingRevenues_A Operating Rev. Ann.	2.1%	6%	4,644.2	3,165.3	2,958.4	2,956.4	2,972	2,785.9	2,365.4	2,406.6	2,419.9	2,309.1	2,167.4	2,042.3
CostOfRevenue_A Cost Of Rev. Ann.	1.1%	5.1%	2,280.7	1,288.8	1,200.2	1,195.2	1,248.2	1,156.5	1,006.7	1,010.7	992.6	947.1	891.5	842.7
GrossProfit_A Gross Profit Ann.	2.9%	6.7%	2,363.6	1,876.5	1,758.2	1,761.2	1,723.8	1,629.3	1,358.7	1,395.9	1,427.4	1,362	1,276	1,199.7
OEXPNS_A Operating Exp. Ann.	8.5%	8.8%	1,984.9	1,073.9	920.3	943.5	840.6	802.5	705.1	687.4	688	684	648.1	624.4
OP_A Operating Profit Ann.	-3.1%	4.2%	378.6	802.6	837.9	817.7	883.2	826.9	653.6	708.5	739.4	678	627.9	575.2
NetNonOperIntIncExp_A Net Non Operations Interest Incuding Expenses Ann, ⌄	-	-	-127.5	-50.8	-72.3	-82.2	-37.8	-32.7	-32.8	-26.6	-9.8	-20.8	-24.2	-25.5
Others_A Other Interest Earned Ann.	19.6%	2.9%	21.4	18.8	17.4	16.6	11	12.2	16.3	22.1	38.8	36.1	20.7	10.7
IntExpNonOperating_A Interest Exp. Non Operating Ann.	12.6%	7.2%	148.9	69.6	89.7	98.9	48.8	44.9	49.1	48.7	48.6	56.8	44.9	36.2
OtherExpenses_A Other Exp. Ann.	-	-		3.1	-10.8	0.8	-7.6	12	-9.9	-3.6	-47.4	-16.1	-3.5	-7.8
PBT_A PBT Ann.	-3.4%	4.3%	205.3	754.9	754.9	736.2	837.9	806.2	610.9	678.2	682.2	641.1	600.1	541.9
TAX_A Tax Ann.	-4.8%	4.7%	39.2	112.3	117	94	130.1	113.4	89.3	86	88.4	620.8	78.6	72.9
NICommonStockholders_A Net Income Common Stockholders Ann. ⌄	-3.2%	4.3%	166.1	642.6	637.8	642.2	707.8	692.8	521.6	592.2	593.8	20.3	521.5	469.1
NP_A Net Profit Ann.	-3.2%	4.3%	166.1	642.6	637.8	642.2	707.8	692.8	521.6	592.2	593.8	20.3	521.5	469.1
NIIncludingNoncontrollingInterests_A Net Income Including Non controlling Interests Ann.	-3.2%	4.3%	166.1	642.6	637.8	642.2	707.8	692.8	521.6	592.2	593.8	20.3	521.5	469.1
DilutedNIAvailtoComStockholders_A Diluted NI Avail to Com Stockholders Ann.	-3.2%	4.3%	166.1	642.6	637.8	642.2	707.8	692.8	521.6	592.2	593.8	20.3	521.5	469.1
EPS_A EPS Ann.	-2.9%	5.2%		10.8	10.8	10.9	11.8	11.3	8.4	8.8	7.7	0.3	6.5	5.7
DilutedEPS_A Diluted EPS Ann.	-2.6%	5.2%		10.8	10.7	10.8	11.7	11.2	8.4	8.7	7.7	0.3	6.4	5.7
SHARE_Q Number Of Shares End	0.2%	-0.9%		59.6	59.4	59.1	59.3	61	62.2	63.7	74.7	79.5	80.4	81.7
TotalExpenses_A Total Exp. Ann.	4.2%	6.7%		2,362.7	2,120.5	2,138.7	2,088.8	1,959	1,711.8	1,698.1	1,680.6	1,631.1	1,539.6	1,467.1
NIContinuingDiscontinuedOper_A Net Income Continuing Discontinued Operations Ann.	-3.2%	4.3%	166.1	642.6	637.8	642.2	707.8	692.8	521.6	592.2	593.8	20.3	521.5	469.1
NormalizedIncome_A Normalized Income Ann.	-3.5%	4%	213.4	642.6	647.6	642.2	716	697.3	528.5	592.2	593.4	30	524.6	475.8
InterestIncome_A Interest Income Ann.	19.6%	2.9%	21.4	18.8	17.4	16.6	11	12.2	16.3	22.1	38.8	36.1	20.7	10.7
INT_A Interest Ann.	12.6%	7.2%	148.9	69.6	89.7	98.9	48.8	44.9	49.1	48.7	48.6	56.8	44.9	36.2
EBITDA_A EBITDA Ann.	0.4%	5.6%	967.4	1,030.7	1,036.4	1,001	1,017.1	982.8	785.4	832.2	839.2	803.9	741.5	668.2
ReconciledCostOfRevenue_A Reconciled Cost Of Rev. Ann.	0.2%	4.9%	2,087.6	1,130.4	1,055.5	1,061.9	1,124.1	1,032	891.9	915.1	891.9	847.8	804.9	762.8
ReconciledDepreciation_A Reconciled Depr. Ann.	16.5%	10.5%	613.2	206.2	191.8	165.9	130.4	131.7	125.4	105.3	108.4	106	96.5	90
ProfitLossFromContinuingOperations_A Profit From Continuing Operations Ann.	-3.2%	4.3%	166.1	642.6	637.8	642.2	707.8	692.8	521.6	592.2	593.8	20.3	521.5	469.1
NormalizedEBITDA_A Normalized EBITDA Ann.	0.1%	5.4%	1,016.4	1,030.7	1,047.9	1,001	1,026.9	988	793.5	832.2	838.8	820.1	745	675.9

*All financials are in USD Million and price data in USD

Add metric to table

Search...

Total Rev. Ann.

1Y CHG

2Y CAGR

3.5%

3Y CAGR

2.1%

5Y CAGR

7Y CAGR

3.9%

10Y CAGR

4.5%

Total Revenue Annual growth is higher than historical averages.

Net Profit Ann.

1Y CHG

0.8%

2Y CAGR

3Y CAGR

-3.2%

5Y CAGR

4.3%

7Y CAGR

1.1%

10Y CAGR

3.2%

Net Profit Annual growth is stable compared to historical averages.

Operating Exp. Ann.

1Y CHG

16.7%

2Y CAGR

6.7%

3Y CAGR

8.5%

5Y CAGR

8.8%

7Y CAGR

6.6%

10Y CAGR

5.6%

Operating Expenses Annual Cr growth is higher than historical averages.

Waters balance sheet as of Dec 2025: assets, liabilities, reserves, and borrowings – 11 year history

Nested row level

Base Level

Reporting Type

Originally Reported

Cell Data

Actual

Table Settings

YoY & New to Old

CAGR Columns

Select...

Nested row level

Base Level

Export

POSITIVE
Total Shareholders Fund Waters Dec-2025 Total Shareholders Fund is $2,561 Million which is growth of 40.1% YoY.
POSITIVE
Total Assets Waters Dec-2025 Total Assets is $5,077 Million which is growth of 11.5% YoY.

Waters Corp., Balance Sheet, standalone, All financials are in USD Million and price data in USD
Indicator	CAGR 3 Yrs	CAGR 5 Yrs	Dec '25	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
TA_A Total Assets Ann. ⌄	15.7%	12.3%	5,076.6	4,553.8	4,626.9	3,281.5	3,094.9	2,839.9	2,557.1	3,727.4	5,324.4	4,662.1	4,268.7
CA_A Total Current Assets Ann.	6.8%	8.9%	2,147.6	1,669.1	1,752.9	1,763.9	1,628.9	1,401	1,312.5	2,663.2	4,270.1	3,635.4	3,213.5
CashEquivalentsShortTermInvestments_A Cash Equivalents and Short Term Investments Ann.	6.9%	5.8%	587.8	325.4	396	481.4	569.3	443.2	337.1	1,735.2	3,393.7	2,813	2,399.3
Receivables_A Change In Account Receivables Ann.	4.7%	7.6%	828.8	733.4	702.2	722.9	612.7	573.3	587.7	568.3	533.8	489.3	468.3
Inventories_A Inventories Ann.	7.9%	13.5%	572.4	477.3	516.2	455.7	356.1	304.3	320.6	291.6	270.3	262.7	263.4
OtherCurrentAssets_A Other Current Assets Ann.	15.1%	14.6%	158.6	133.1	138.5	103.9	90.9	80.3	67.1	68.1	72.3	70.4	82.5
TotalNonCurrentAssets_A Total Non Current Assets Ann.	24.5%	15.3%	2,928.9	2,884.7	2,874	1,517.6	1,466	1,438.9	1,244.6	1,064.3	1,054.2	1,026.6	1,055.1
NetPPE_A Net PPE Ann.	2.6%	4.2%	722.8	725.4	723.7	668.7	632.7	587.3	510.7	343.1	349.3	337.1	333.4
InvestmentsAndAdvances_A Investments & Advances Ann.	-	-	-	-	-	-	-	-	-	-	-	-	-
OtherNonCurrentAssets_A Other Non Current Assets Ann.	17.2%	15.7%	307.8	295.7	215.7	191.1	153.1	148.6	137.5	118.7	116.7	130.4	146.9
TotalLiabilitiesNetMinorityInterest_A Total Liabilities Net Minority Interest Ann. ⌄	-3.2%	-0.7%	2,515.3	2,725.3	3,476.5	2,777	2,727.4	2,607.8	2,773.3	2,160.2	3,090.6	2,360.1	2,209.8
CL_A Total Current Liabilities Ann.	16.4%	9%	1,239.5	789.8	789.6	785.7	680.5	805	591.3	448.9	606.2	520.3	564.1
PayablesAndAccruedExpenses_A Payables & Accrued Exp.s Ann.	-13.9%	-1%	151.6	270.2	217	237.8	168.8	159.7	106.9	103.4	150.6	96.4	98.8
CurrentDebtCapLeaseObligation_A Current Debt Cap Lease Obligation Ann.	85.9%	22.5%	491.1	25.5	77.8	76.4	27.9	177.8	127.5	0.2	100.3	125.3	175.3
CurrentDeferredLiabilities_Q Current Deferred Liabilities	5.4%	6.1%	266.5	250.8	256.7	227.9	227.6	198.2	176.4	165	166.8	148.8	141.5
OtherCurrentLiabilities_A Other Current Liabilities Ann.	18%	3.2%	230.6	149.3	168.7	140.3	155.1	197.1	137.1	115.8	119.5	92.4	93.8
TotalNonCurrentLiabilities_A Total Non Current Liabilities Ann.	-13.8%	-6.7%	1,275.8	1,935.5	2,686.9	1,991.2	2,046.9	1,802.8	2,182	1,711.2	2,484.4	1,839.8	1,645.8
LongTermDebtAndCapitalLeaseObligation_Q LT Debt & Capital Lease Obligation	-14.3%	-4.7%	1,000	1,676.8	2,364.4	1,587	1,573.5	1,274.7	1,647.7	1,148.2	1,897.5	1,702	1,493
TradeandOtherPayablesNonCurrent_A Trade & Other Payables Non Current Ann.	-48.4%	-37.5%	34.1	30.3	137.1	248.5	319.6	357.5	394.6	430.9	457	10.5	14.9
TotalDeferredCreditsAndOtherNonCurrentLiabilities_A Total Deferred Credits & Other Non Current Liabilities Ann.	-	-	-	-	-	-	-	-	-	-	-	-	-
TotalShareHoldersFunds_A Total ShareHolders Funds Ann. ⌄	71.9%	61.6%	2,561.2	1,828.5	1,150.3	504.5	367.6	232.1	-216.3	1,567.3	2,233.8	2,302	2,058.9
EQCAP_A Equity Share Capital Ann.	71.9%	61.6%	2,561.2	1,828.5	1,150.3	504.5	367.6	232.1	-216.3	1,567.3	2,233.8	2,302	2,058.9
CapitalStock_A Capital Stock Ann.	0%	0%	1.6	1.6	1.6	1.6	1.6	1.6	1.6	1.6	1.6	1.6	1.6
RetainedEarnings_A Retained Earnings Ann.	7%	8%	10,431.3	9,788.7	9,150.8	8,508.6	7,800.8	7,108	6,587.4	5,995.2	5,405.4	5,385.1	4,863.6
GainsLossesNotAffectingRetainedEarnings_A Gains Losses Not Affecting Retained Earnings Ann.	-	-	-125.5	-155.3	-134.1	-141.6	-111.9	-117.9	-119.5	-118	-110.1	-216.3	-146.7
TotalCapitalization_A Total Capitalization Ann.	20%	19.5%	3,508.7	3,455	3,455.9	2,029.4	1,881.4	1,438.7	1,364.5	2,715.4	4,131.3	4,003.9	3,551.9
TangibleAssets_A Tangible Assets Ann.	-	-	663	-35.1	-784.3	-153.2	-312.7	-470.9	-812.6	964.7	1,645.6	1,742.8	1,484
WC_A Working Capital Ann.	-2.4%	8.8%	908.2	879.4	963.3	978.2	948.4	596.1	721.2	2,214.2	3,664	3,115.1	2,649.5
InvestedCapital_A Invested Capital Ann.	24%	20.1%	3,968.7	3,455	3,505.9	2,079.4	1,881.4	1,588.7	1,464.9	2,715.6	4,231.6	4,129.2	3,727.2
TangibleBookValue_A Tangible Book Value Ann.	-	-	663	-35.1	-784.3	-153.2	-312.7	-470.9	-812.6	964.7	1,645.6	1,742.8	1,484
Borrowings_A Borrowings Ann.	-3.6%	0.5%	1,491.1	1,702.3	2,442.3	1,663.4	1,601.4	1,452.5	1,775.2	1,148.4	1,997.8	1,827.3	1,668.3
NetDebt_A Net Debt Ann.	-9.2%	-2.3%	819.6	1,302.1	1,960.4	1,094.4	1,012.6	919.8	1,345.5	352.1	1,355.5	1,321.6	1,180.7
ShareIssued_A Share Issued Ann.	0.2%	0.2%	163.2	163	162.7	162.4	162.1	161.7	161	160.5	159.9	158.6	157.5
SHARE_Q Number Of Shares End	0.2%	-0.9%	59.6	59.4	59.1	59.3	61	62.2	63.7	74.7	79.5	80.4	81.7

*All financials are in USD Million and price data in USD

Add metric to table

Search...

Total Assets Ann.

1Y CHG

11.5%

2Y CAGR

4.7%

3Y CAGR

15.7%

5Y CAGR

12.3%

7Y CAGR

4.5%

10Y CAGR

1.7%

Total Assets Annual growth is stable compared to historical averages.

Total Current Liabilities Ann.

1Y CHG

56.9%

2Y CAGR

25.3%

3Y CAGR

16.4%

5Y CAGR

7Y CAGR

15.6%

10Y CAGR

8.2%

Total Current Liabilities Annual Cr growth is higher than historical averages.

Total ShareHolders Funds Ann.

1Y CHG

40.1%

2Y CAGR

49.2%

3Y CAGR

71.9%

5Y CAGR

61.6%

7Y CAGR

7.3%

10Y CAGR

2.2%

Total ShareHolders Funds Annual growth is stable compared to historical averages.

Waters ROE, ROCE, book value, and debt-to-equity ratio as of Dec 2025 – 11 year history

Nested row level

Base Level

Reporting Type

Originally Reported

Cell Data

Actual

Table Settings

YoY & New to Old

CAGR Columns

Select...

Nested row level

Base Level

Export

NEGATIVE
Book Value Per Share Waters Book Value Per Share is $26 which is growth of -28.0% YoY.
NEUTRAL
ROE Waters ROE is 0% which is growth of 0% YoY.

Waters Corp., Ratios, standalone, All financials are in USD Million and price data in USD
Indicator	CAGR 3 Yrs	CAGR 5 Yrs	Dec '25	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
ROA_A RoA Ann. %	-	-	-	13.90%	16.24%	22.20%	23.35%	19.33%	18.85%	13.12%	0.41%	11.68%	11.52%
ROE_A ROE Ann. %	-	-	-	42.82%	77.62%	162.32%	231.06%	6,575.94%	87.67%	31.24%	0.90%	23.92%	23.73%
ROIC_Q ROIC %	-	-	-	6.9	6.8	11.3	11.3	13.6	-	6.5	-8	4.4	4.3
OPMPCT_A OPM Ann. %	-5.2%	-1.7%	25.36%	28.32%	27.66%	29.72%	29.68%	27.63%	29.44%	30.55%	29.36%	28.97%	28.17%
NBTO_A Inventory Turnover Ratio Ann.	-	-	-	2.4	2.5	3.1	3.5	3.2	3.3	3.5	3.6	3.4	3.3
ASETTO_A Asset Turnover Ann. %	-	-	-	0.6	0.8	0.9	0.9	0.9	0.8	0.5	0.5	0.5	0.5
WCTO_A Working Capital Turnover Ann.	5.3%	-2.6%	3.5	3.4	3.1	3	2.9	4	3.3	1.1	0.6	0.7	0.8
QuickRatio_A Quick Ratio Ann.	-	-	-	1.3	1.4	1.5	1.7	1.3	1.6	5.1	6.5	6.4	5.1
CRATIO_A Current Ratio Ann.	-	-	-	2.1	2.2	2.2	2.4	1.7	2.2	5.9	7	7	5.7
IC_A Interest Coverage Ratio Ann.	-	-	-	9.4	8.5	18.2	18.9	13.5	14.9	15	12.3	14.4	16
LTDE_A LT Debt To Equity Ann.	-	-	-	0.9	2.1	3.2	4.3	5.5	-	0.7	0.9	0.7	0.7

*All financials are in USD Million and price data in USD

Add metric to table

Search...

Waters cash flow: net, operating, investing, and financing flows as of Dec 2025 – 11 year history

Nested row level

Base Level

Reporting Type

Originally Reported

Cell Data

Actual

Table Settings

YoY & New to Old

CAGR Columns

Select...

Nested row level

Base Level

Export

NEGATIVE
Cash From Operating Activity Waters Dec-2025 Cash From Operating Activity is $653 Million which is growth of -14.4% YoY.
POSITIVE
Net Cash Flow Waters Dec-2025 Net Cash Flow is $263 Million which is growth of 434.8% YoY.

Waters Corp., Cash Flow, standalone, All financials are in USD Million and price data in USD
Indicator	CAGR 3 Yrs	CAGR 5 Yrs	Dec '25	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
CFO_A Cash from Operating Act. Ann. ⌄	2.2%	-3.8%	652.6	762.1	602.8	611.7	747.3	790.5	643.1	604.5	697.6	629.1	560.3
ProfitLossFromContinuingOperations_A Profit From Continuing Operations Ann.	-3.2%	4.3%	642.6	637.8	642.2	707.8	692.8	521.6	592.2	593.8	20.3	521.5	469.1
DepreciationAmortizationDepletion_A Depreciation Amortization Depletion Ann.	16.5%	10.5%	206.2	191.8	165.9	130.4	131.7	125.4	105.3	108.4	106	96.5	90
DepreciationAndAmortization_A Depreciation And Amortization Ann.	16.5%	10.5%	206.2	191.8	165.9	130.4	131.7	125.4	105.3	108.4	106	96.5	90
DeferredTax_A Deferred Tax Ann.	-	-	-14.7	-0.9	-1.2	-32	16.6	-2.7	9.6	2.4	45.5	1.2	6.6
DeferredIncomeTax_A Deferred Income Tax Ann.	-	-	-14.7	-0.9	-1.2	-32	16.6	-2.7	9.6	2.4	45.5	1.2	6.6
EmployeesStockOptions_A ESOPs Ann.	8.3%	8%	54.1	44.7	36.9	42.6	29.9	36.9	38.6	37.5	39.4	41	33.4
OtherNonCashItems_A Other Non Cash Items Ann.	-	-	-2.4	-	-	10	-	-	-	-	5	-	4.6
ChangeInWorkingCapital_A Change In Working Capital Ann.	-	-	-233.4	-111.4	-240.3	-247.1	-114.1	102.5	-99.4	-131.6	-49	-32	-43.3
ChangeInReceivables_A Change In Receivables Ann.	-	-	-55.5	-66.2	49.2	-137.9	-62.5	37.5	-22.2	-47.9	-24	-31.7	-49.9
ChangeInInventory_A Change In Inventory Ann.	-	-	-65.9	20.9	-45.4	-101.9	-67.3	18.9	-31.9	-25.4	0.7	-20.2	-20
ChangePayablesAccruedExpense_A Change Payables Accrued Expense Ann.	-	-	-89	61.6	-79.5	61	46.1	140.6	9.8	-81.7	3.2	6.8	27.5
ChangeInOtherCurrentAssets_A Change In Other Current Assets Ann.	-	-	-11.6	-4.9	-69.4	-28.6	-16.3	-64.9	-27.4	-6.4	-40.4	-5.9	-28.1
ChangeInOtherCurrentLiabilities_A Change In Other Current Liabilities Ann.	-	-	-12.3	-128.9	-105.5	-52.6	-52.1	-40.7	-39.9	27	1.1	9	11.1
ChangeInOtherWorkingCapital_A Change In Other Working Capital Ann.	-57.4%	-38.2%	1	6.2	10.4	12.9	37.8	11.1	12.2	2.7	10.4	10	16.2
CFI_A Cash from Investing Act. Ann. ⌄	-	-	-152.3	-144	-1,442.3	-108	-231.6	-264.1	768.8	1,683.3	-535.8	-487.9	-399.7
NetPPEPurchaseAndSale_A Net PPE Purchase & Sale Ann.	-	-	-112.8	-142.5	-160.6	-175.9	-161.3	-172.4	-163.8	-96.1	-85.5	-95	-94.9
PurchaseOfPPE_A Purchase Of PPE Ann.	-	-	-112.8	-142.5	-160.6	-175.9	-161.3	-172.4	-163.8	-96.1	-85.5	-95	-100
NetBusinessPurchaseAndSale_A Net Business Purchase & Sale Ann.	-	-	-7.3	-1.5	0.7		-1.8	-86.7		-31.5		-5.6	-23.5
PurchaseOfBusiness_A Purchase Of Business Ann.	-	-	-42.4		-		-1.8	-86.7		-31.5		-5.6	-23.5
PurchaseOfInvestment_A Purchase Of Investment Ann.	-	-		-3.7	-1.8	-11.4	-279.7	-25.9	-45.8	-1,013.7	-2,967.4	-2,396	-2,010.4
SaleOfInvestment_A Sale Of Investment Ann.	-74.3%	-67.2%		3.7	1.8	86.9	218.1	20.9	978.4	2,824.6	2,522.1	2,004.7	1,732
NetOtherInvestingChanges_A Net Other Investing Changes Ann.	-	-	-32.2	-	-1,282.4	-	-	-	-	-	-	4	-
CFA_A Cash from Financing Act. Ann. ⌄	-	-	-237.2	-696.7	755	-509.6	-438.3	-440.5	-1,872.7	-2,119.5	-63.9	-101.9	-69.6
NetIssuancePaymentsOfDebt_A Net Issuance Payments Of Debt Ann.	-	-	-220	-730	780	60	160	-325.4	535.2	-850.2	170	160	205.1
NetLongTermDebtIssuance_A Net Long Term Debt Issuance Ann.	-	-	-220	-730	780	60	160	-325.4	535.2	-850.2	170	160	205.1
NetShortTermDebtIssuance_A Net ST Debt Issuance Ann.	-	-	-	-	-	-	-	-	-	-	-	-	-
NetCommonStockIssuance_A Net Common Stock Issuance Ann.	-	-	-14.7	-13.5	-70.3	-626.1	-648.9	-196.4	-2,469.3	-1,315.1	-332.5	-325.8	-334.7
CommonStockIssuance_A Common Stock Issuance Ann.	-	-	-	-	-	-	-	-	-	-	-	-	-
CommonStockPayments_A Common Stock Payments Ann.	-	-	-14.7	-13.5	-70.3	-626.1	-648.9	-196.4	-2,469.3	-1,315.1	-332.5	-325.8	-334.7
dividend_1Y_actual Dividend 1year	-	-
DividendPerShare_A Dividend Per Share Ann.	-	-	-	-	-	-	-	-	-	-	-	-	-
NetOtherFinancingCharges_A Net Other Financing Charges Ann.	-	-	-23.3	16.5	15.4	13.6	-5	15.2	7.7	-6.7	0.9	1.7	8
CashAndCashEquivalentEndOfYear_A Cash Plus Cash Eqv. End Of Year Ann.	6.9%	6.1%	587.8	324.4	395.1	480.5	501.2	436.7	335.7	796.3	642.3	505.6	487.7
NetIncDecInCashAndCashEquivalents_A Net Increase In Cash Plus Cash Eqv.s Ann.	-	25.1%	263.1	-78.6	-84.5	-5.9	77.4	85.9	-460.8	168.2	98	39.3	91
CashAndCashEquivalentBeginOfYear_A Cash Plus Cash Eqv. Begin Of Year Ann.	-13.4%	-0.6%	325.4	395.1	480.5	501.2	436.7	335.7	796.3	642.3	505.6	487.7	422.2
IncomeTaxPaidSupplementalData_A Income Tax Paid Supplemental Data Ann.	15.1%	20.1%	244.2	183.3	243.3	160.1	153.5	97.6	88	159.4	70.6	50	-51.8
InterestPaidSupplementalData_A Interest Paid Supplemental Data Ann.	-2.4%	-3%	44.7	92.1	94.1	48.1	42.4	52.1	42.8	50.8	56.5	43.6	-37.4
CapitalExpenditure_A Capex Ann.	-	-	-112.8	-142.5	-160.6	-183.5	-168.3	-172.4	-163.8	-96.1	-90.5	-95	-103
IssuanceOfCapitalStock_A Issuance Of Capital Stock Ann.	-	-	-	-	-	-	-	-	-	-	-	-	-
IssuanceOfDebt_A Issuance Of Debt Ann.	-30.1%	-26%	70	170	1,450	205	510	315	925.7	0.3	1,480.2	485.3	325.2
RepaymentOfDebt_A Repayment Of Debt Ann.	-	-	-290	-900	-670	-145	-350	-640.4	-390.5	-850.4	-1,310.2	-325.3	-120.1
RepurchaseOfCapitalStock_A Repurchase Of Capital Stock Ann.	-	-	-14.7	-13.5	-70.3	-626.1	-648.9	-196.4	-2,469.3	-1,315.1	-332.5	-325.8	-334.7
FreeCashFlow_A Free Cash Flow Ann.	8%	-2.7%	539.8	619.6	442.2	428.2	579	618.1	479.3	508.4	607.2	534.1	457.3

*All financials are in USD Million and price data in USD

Add metric to table

Search...

Cash from Operating Act. Ann.

1Y CHG

-14.4%

2Y CAGR

3Y CAGR

2.2%

5Y CAGR

-3.8%

7Y CAGR

1.1%

10Y CAGR

1.5%

Cash from Operating Activity Annual is falling faster than historical averages.

Forecaster
Quarterly
Competitors/Peers
Annual
Balance Sheet
Ratios
Cash Flow

New 52W High in past week

Waters quarterly and annual earnings report: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

Waters - Forecaster

Forecaster Analyst Estimates for Waters share price target, revenues, EPS, net income and more

Waters - Earnings Report - Quarterly Results

Waters quarterly results: revenue, profit, and P&L – 13 quarter history

Quarterly Revenue Waters Jun-2026 Quarterly Revenue is $1,645 Million which is growth of 113.3% YoY.

Quarterly Net Profit Waters Jun-2026 Quarterly Net Profit is $-136 Million which is growth of -192.4% YoY.

Waters - Competitors/Peers

Waters competitor comparison and performance snapshot within industry

Waters - Earnings Report - Annual Results

Waters annual results: revenue, profit, P&L, and margins as of Dec 2025 – 11 year history

Annual Revenue Waters Dec-2025 Annual Revenue is $3,165 Million which is growth of 7.0% YoY.

Annual Net Profit Waters Dec-2025 Annual Net Profit is $643 Million which is growth of 0.8% YoY.

Waters - Balance Sheet

Waters balance sheet as of Dec 2025: assets, liabilities, reserves, and borrowings – 11 year history

Total Shareholders Fund Waters Dec-2025 Total Shareholders Fund is $2,561 Million which is growth of 40.1% YoY.

Total Assets Waters Dec-2025 Total Assets is $5,077 Million which is growth of 11.5% YoY.

Waters - Ratios

Waters ROE, ROCE, book value, and debt-to-equity ratio as of Dec 2025 – 11 year history

Book Value Per Share Waters Book Value Per Share is $26 which is growth of -28.0% YoY.

ROE Waters ROE is 0% which is growth of 0% YoY.

Waters - Cash Flow

Waters cash flow: net, operating, investing, and financing flows as of Dec 2025 – 11 year history

Cash From Operating Activity Waters Dec-2025 Cash From Operating Activity is $653 Million which is growth of -14.4% YoY.

Net Cash Flow Waters Dec-2025 Net Cash Flow is $263 Million which is growth of 434.8% YoY.