YOLFTbeta
Waters Corporation

Waters Corporation

WAT · NYSE · Healthcare / Diagnostics & Research

460.25USD-1.95 (-0.42%)

Price History

Full chart

Market Stats

Previous Close462.20
Open464.17
Day Range454.72 – 465.04
52-Week Range282.77 – 482.28
Volume521.80K
Market Cap47.14B
P/E (TTM)121.54
Forward P/E28.09
EPS3.95
Dividend Yield0.00%
Beta1.15
50-Day Avg427.74
200-Day Avg368.74

About

Waters Corporation provides analytical workflow solutions in Asia, the Americas, and Europe. The company operates through two segments, Waters and TA. The company designs, manufactures, sells, and services liquid chromatography, as well as mass spectrometry (MS) technology systems and supports products, including chromatography columns, and other consumable products. It also designs, manufactures, sells, and services thermal analysis, rheometry, and calorimetry instruments for use in predicting the suitability and stability of fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids for various industrial, consumer goods, and healthcare products, as well as for life science research; and develops and supplies software-based products that interface with its instruments, as well as other manufacturers' instruments. In addition, the company offers MS technology, which is used in drug discovery and development comprising clinical trial testing, the analysis of proteins in disease processes, nutritional safety analysis, and environmental testing. Its products are used by clinical, pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental customers working in research and development, quality assurance, and other laboratory applications. The company was founded in 1958 and is headquartered in Milford, Massachusetts.

Company Details

  • SectorHealthcare
  • IndustryDiagnostics & Research
  • CEODr. Udit Batra Ph.D.
  • Employees16.00K
  • Headquarters34 Maple Street, Milford, MA, United States, 01757, USA
  • Websitehttps://www.waters.com

Leadership

  • Dr. Udit Batra Ph.D.President, CEO & Director · b. 1971
  • Mr. Amol ChaubalSenior VP & CFO · b. 1976
  • Ms. Jianqing Y. BennettSenior Vice President of Waters Advanced Diagnostics Division · b. 1970
  • Mr. Mark GladwellSVP of Global Operations · b. 1975
  • Mr. Brook M. ColangeloSenior VP & Chief Information Officer · b. 1978
  • Mr. Caspar TudorHead of Investor Relations
  • Ms. Keeley A. Aleman J.D.Senior VP, General Counsel, Head of Global Human Resources & Corporate Secretary · b. 1977
  • Ms. Kristen GarveySenior Vice President of Global Communications
  • Dr. Daniel Rush Ph.D.Senior Vice President of Global Research & Strategy
  • Mr. Allan JaenickeSenior Vice President of Transformation

Financials

Income Statement

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue333.00M391.10M465.50M618.80M704.40M795.07M859.21M889.97M958.21M1.10B1.16B1.28B1.47B1.58B1.50B1.64B1.85B1.84B1.90B1.99B2.04B2.17B2.31B2.42B2.41B2.37B2.79B2.97B2.96B2.96B3.17B
Growth (%)-+17.45%+19.02%+32.93%+13.83%+12.87%+8.07%+3.58%+7.67%+15.27%+4.86%+10.53%+15.06%+6.93%-4.85%+9.65%+12.65%-0.41%+3.29%+4.47%+2.66%+6.12%+6.54%+4.80%-0.55%-1.71%+17.78%+6.68%-0.52%+0.07%+6.99%
Cost of Revenue109.70M133.60M158.70M213.40M235.60M265.90M311.23M373.47M397.85M454.81M478.36M536.18M631.12M661.27M594.88M653.30M730.49M737.61M783.46M824.91M842.67M891.45M947.07M992.56M1.01B1.01B1.16B1.25B1.20B1.20B1.34B
Gross Profit223.30M257.50M306.80M405.40M468.80M529.17M547.98M516.50M560.36M649.73M679.88M744.04M841.93M913.86M903.82M990.07M1.12B1.11B1.12B1.16B1.20B1.28B1.36B1.43B1.40B1.36B1.63B1.72B1.76B1.76B1.83B
Gross Margin67.06%65.84%65.91%65.51%66.55%66.56%63.78%58.04%58.48%58.82%58.70%58.12%57.16%58.02%60.31%60.25%60.54%59.99%58.86%58.53%58.74%58.87%58.99%58.98%58.00%57.44%58.49%58.00%59.57%59.43%57.77%
Operating Expense166.90M187.20M269.20M269.00M292.30M318.34M398.45M320.09M341.19M364.87M396.73M444.31M493.05M524.10M509.22M540.14M592.09M594.54M603.42M646.52M632.21M650.93M699.81M687.59M687.44M713.19M807.63M850.38M943.52M931.83M935.45M
Operating Income56.40M70.30M37.60M136.40M176.50M210.83M149.53M196.41M219.17M284.86M283.15M299.74M348.88M389.75M394.60M449.93M528.60M511.49M517.34M517.91M567.45M625.04M662.20M739.77M708.46M645.49M821.71M873.39M817.68M826.35M893.22M
Operating Margin16.94%17.97%8.08%22.04%25.06%26.52%17.40%22.07%22.87%25.79%24.45%23.41%23.68%24.74%26.33%27.38%28.55%27.74%27.17%26.03%27.78%28.84%28.68%30.57%29.44%27.29%29.50%29.39%27.66%27.93%28.22%
EBITDA72.90M88.10M58.70M164.80M206.10M240.26M183.48M241.01M253.94M326.73M326.84M349.79M402.20M475.98M454.91M514.35M597.61M584.53M599.85M619.16M668.15M741.47M803.94M839.20M832.23M785.35M982.81M1.02B817.68M1.04B1.01B
EBITDA Margin21.89%22.53%12.61%26.63%29.26%30.22%21.35%27.08%26.50%29.58%28.22%27.32%27.30%30.22%30.35%31.30%32.28%31.71%31.50%31.12%32.72%34.21%34.82%34.68%34.58%33.20%35.28%34.22%27.66%35.03%31.97%
Net Income2.00M-2.40M-8.30M74.40M122.30M145.34M114.54M147.71M170.89M224.05M201.97M222.20M268.07M322.48M323.31M381.76M432.97M461.44M450.00M431.62M469.05M521.50M20.31M593.79M592.20M521.57M692.84M707.75M642.23M637.83M642.63M
Net Income Margin0.60%-0.61%-1.78%12.02%17.36%18.28%13.33%16.60%17.83%20.28%17.44%17.36%18.20%20.47%21.57%23.23%23.39%25.03%23.63%21.70%22.97%24.06%0.88%24.54%24.61%22.05%24.87%23.81%21.72%21.56%20.30%
R&D17.70M20.90M80.80M34.40M36.10M42.51M46.60M51.92M59.24M65.24M66.91M77.31M80.65M81.59M77.15M84.27M92.35M96.00M100.54M107.73M118.55M125.19M132.59M143.40M142.96M140.78M168.36M176.19M174.94M183.03M195.18M
R&D as % of Total Revenue5.32%5.34%17.36%5.56%5.12%5.35%5.42%5.83%6.18%5.91%5.78%6.04%5.47%5.18%5.15%5.13%4.99%5.21%5.28%5.42%5.80%5.78%5.74%5.93%5.94%5.95%6.04%5.93%5.92%6.19%6.17%
Interest Expense39.20M39.20M30.10M34.90M9.00M10.64M2.10M5.51M4.51M813.00K8.59M51.66M25.69M38.52M10.99M13.92M21.97M28.07M30.05M34.19M36.24M44.91M56.84M48.64M48.69M49.07M44.94M48.80M82.24M89.68M69.55M
Interest Expense % of Total Revenue11.77%10.02%6.47%5.64%1.28%1.34%0.24%0.62%0.47%0.07%0.74%4.03%1.74%2.45%0.73%0.85%1.19%1.52%1.58%1.72%1.77%2.07%2.46%2.01%2.02%2.07%1.61%1.64%2.78%3.03%2.20%

Balance Sheet

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets299.80M365.50M552.10M577.70M584.40M692.35M886.91M1.01B1.13B1.46B1.43B1.62B1.88B1.62B1.91B2.33B2.72B3.17B3.58B3.88B4.26B4.66B5.34B3.73B2.56B2.84B3.09B3.28B4.63B4.55B5.08B
Total Liabilities235.50M300.50M481.70M418.50M292.20M240.56M305.17M345.64M540.38M781.74M1.15B1.25B1.29B961.89M1.06B1.26B1.50B1.70B1.81B1.98B2.20B2.36B3.11B2.16B2.77B2.61B2.73B2.78B3.48B2.73B2.52B
Total Equity64.30M65.00M70.40M159.20M292.20M451.78M581.75M665.31M590.48M678.69M283.63M362.38M586.08M661.00M848.95M1.07B1.23B1.47B1.76B1.89B2.06B2.30B2.23B1.57B-216.28M232.14M367.55M504.49M1.15B1.83B2.56B
Cash3.20M600.00K3.10M5.50M3.80M75.51M226.80M263.31M356.78M539.08M493.59M514.17M597.33M428.52M341.11M308.50M383.99M481.04M440.80M422.18M487.67M505.63M642.32M796.28M335.71M436.69M501.23M480.53M395.08M324.42M587.83M
Total Debt160.40M212.20M312.70M222.60M95.30M4.88M1.14M7.49M246.31M456.66M826.29M903.46M884.18M536.12M631.77M766.05M990.83M1.18B1.32B1.46B1.67B1.83B2.00B1.15B3.26B1.38B1.54B1.66B2.44B1.70B1.49B
Net Debt157.20M211.60M309.60M217.10M91.50M-70.63M-225.66M-255.83M-110.47M-82.41M332.70M389.30M286.84M107.60M290.66M457.56M606.84M696.75M882.55M1.04B1.18B1.32B1.36B352.07M1.35B919.82M1.01B1.18B2.05B1.38B903.25M

Cash Flow

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow46.20M55.70M96.40M110.20M150.20M175.59M189.15M219.65M157.00M259.45M298.07M263.59M370.51M418.25M418.26M457.86M497.37M449.28M484.88M511.65M560.29M629.08M697.64M604.45M643.09M790.51M747.27M611.66M602.81M762.12M652.55M
Investing Cash Flow-14.50M-93.10M-184.50M-23.60M-25.70M-51.69M-48.27M-58.32M-18.66M-108.61M-51.05M-130.37M-167.91M18.81M-419.03M-411.51M-355.98M-296.39M-464.73M-402.03M-399.74M-487.92M-535.75M1.68B768.80M-264.09M-231.63M-107.97M-1.44B-144.02M-152.25M
Financing Cash Flow-45.80M34.70M91.10M-83.60M-125.60M-51.38M12.08M-88.52M-63.64M21.51M-272.01M-125.91M-119.69M-572.94M-90.28M-60.25M-60.42M-66.53M-64.59M-107.22M-69.59M-101.86M-63.87M-2.12B-1.87B-440.50M-438.27M-509.63M754.95M-696.67M-237.21M
Capital Expenditure6.30M10.10M179.20M18.20M21.80M35.37M42.41M37.97M34.59M66.24M51.05M51.42M60.34M69.06M93.80M62.74M85.44M104.75M118.45M106.25M103.01M94.97M90.47M127.56M163.82M172.38M168.27M183.46M160.63M142.48M112.75M
Free Cash Flow39.90M45.60M-82.80M92.00M128.40M140.22M146.74M181.68M122.42M193.21M247.02M212.17M310.17M349.18M324.47M395.12M411.94M344.53M366.43M405.40M457.28M534.11M607.17M476.88M479.26M618.12M579.01M428.20M442.18M619.64M539.81M
Dividends Paid16.20M----------77.55M12.19M-184.31M315.64M598.53M000000-53.72M66.03M55.64M42.80M1.56B--
FCF to OCF86.36%81.87%-85.89%83.48%85.49%79.86%77.58%82.72%77.97%74.47%82.87%80.49%83.71%83.49%77.57%86.30%82.82%76.69%75.57%79.23%81.61%84.90%87.03%78.90%74.53%78.19%77.48%70.01%73.35%81.30%82.72%
Dividend Paid to FCF40.60%----------36.55%3.93%-56.80%79.89%145.30%0.00%0.00%0.00%0.00%0.00%0.00%-11.21%10.68%9.61%10.00%352.62%--

Earnings

Report DateApr 25, 1996Jul 25, 1996Oct 24, 1996Jan 23, 1997Apr 21, 1997Jul 21, 1997Oct 20, 1997Jan 26, 1998Apr 27, 1998Jul 27, 1998Oct 26, 1998Jan 25, 1999Apr 26, 1999Jul 26, 1999Oct 25, 1999Jan 24, 2000Apr 27, 2000Jul 31, 2000Oct 19, 2000Jan 30, 2001Apr 27, 2001Jul 24, 2001Oct 23, 2001Jan 24, 2002Apr 23, 2002Jul 23, 2002Oct 22, 2002Jan 28, 2003Apr 22, 2003Jul 22, 2003Oct 22, 2003Jan 29, 2004Apr 28, 2004Jul 27, 2004Oct 26, 2004Jan 27, 2005Apr 26, 2005Jul 26, 2005Oct 25, 2005Jan 24, 2006Apr 26, 2006Jul 25, 2006Oct 24, 2006Jan 24, 2007Apr 24, 2007Jul 24, 2007Oct 23, 2007Jan 22, 2008Apr 22, 2008Jul 22, 2008Oct 21, 2008Jan 27, 2009Apr 28, 2009Jul 28, 2009Oct 27, 2009Jan 26, 2010Apr 27, 2010Jul 28, 2010Oct 26, 2010Jan 25, 2011Apr 26, 2011Jul 26, 2011Oct 25, 2011Jan 24, 2012Apr 24, 2012Jul 24, 2012Oct 23, 2012Jan 22, 2013Apr 23, 2013Jul 23, 2013Oct 22, 2013Jan 28, 2014Apr 29, 2014Jul 22, 2014Oct 21, 2014Jan 26, 2015Apr 28, 2015Jul 28, 2015Oct 27, 2015Jan 26, 2016Apr 26, 2016Jul 26, 2016Oct 25, 2016Jan 24, 2017Apr 25, 2017Jul 25, 2017Oct 24, 2017Jan 23, 2018Apr 24, 2018Jul 24, 2018Oct 23, 2018Jan 23, 2019Apr 23, 2019Jul 30, 2019Oct 29, 2019Feb 4, 2020Apr 28, 2020Jul 28, 2020Oct 27, 2020Feb 2, 2021May 5, 2021Aug 3, 2021Nov 2, 2021Feb 1, 2022May 3, 2022Aug 2, 2022Nov 1, 2022Feb 15, 2023May 9, 2023Aug 2, 2023Nov 7, 2023Feb 6, 2024May 7, 2024Jul 31, 2024Nov 1, 2024Feb 12, 2025May 6, 2025Aug 4, 2025Nov 4, 2025Feb 9, 2026May 5, 2026Aug 4, 2026Nov 3, 2026
EPS Estimate0.060.090.070.110.090.110.100.160.110.140.140.240.160.190.210.290.220.260.270.360.260.290.290.420.280.290.300.390.300.320.330.470.350.410.420.590.360.430.440.640.380.480.460.790.530.580.601.060.640.710.740.950.570.790.771.100.770.890.971.310.941.141.131.501.091.171.181.591.091.211.231.611.111.211.291.881.021.271.401.961.241.451.582.131.341.711.752.451.551.921.902.641.732.112.133.011.441.561.922.901.572.282.363.492.342.672.583.742.622.592.553.552.092.562.684.032.222.943.224.512.313.013.99
EPS Actual0.070.090.080.120.100.120.110.170.130.170.170.250.190.220.220.320.230.280.270.370.280.290.280.430.270.280.290.410.300.330.330.480.370.400.420.620.380.460.430.730.450.480.490.830.540.590.600.980.690.760.791.070.740.780.811.120.810.930.981.381.041.081.141.561.001.171.181.591.071.081.191.700.921.221.381.991.211.321.421.961.261.581.572.211.461.761.772.511.591.951.922.871.602.142.133.201.152.102.163.652.292.602.663.672.802.752.643.842.492.802.843.622.212.632.934.102.252.953.404.532.703.05-
Surprise16.67%0.00%14.29%9.09%11.11%9.09%10.00%6.25%18.18%21.43%21.43%4.17%18.75%15.79%4.76%10.34%4.55%7.69%0.00%2.78%7.69%0.00%-3.45%2.38%-3.57%-3.45%-3.33%5.13%0.00%3.13%0.00%2.13%5.71%-2.44%0.00%5.08%5.56%6.98%-2.27%14.06%18.42%0.00%6.52%5.06%1.89%1.72%0.00%-7.55%7.81%7.04%6.76%12.63%29.82%-1.27%5.19%1.82%5.19%4.49%1.03%5.34%10.64%-5.26%0.89%4.00%-8.26%0.00%0.00%0.00%-1.83%-10.74%-3.25%5.59%-17.12%0.83%6.98%5.85%18.63%3.94%1.43%0.00%1.61%8.97%-0.63%3.76%8.96%2.92%1.14%2.45%2.58%1.56%1.05%8.71%-7.51%1.42%0.00%6.31%-20.14%34.62%12.50%25.86%45.86%14.04%12.71%5.16%19.66%3.00%2.33%2.67%-4.96%8.11%11.37%1.97%5.74%2.73%9.33%1.74%1.35%0.34%5.59%0.44%16.88%1.33%-
Timing----Pre-marketPre-marketPre-marketPre-market----------After-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap47.14B
Enterprise Value51.74B
Trailing P/E121.54
Forward P/E28.09
PEG Ratio1.78
Price / Sales10.15
Price / Book3.08
EPS3.95
Book Value154.70
Revenue (TTM)4.64B
Gross Profit (TTM)2.62B
EBITDA1.45B
Profit Margin3.59%
Operating Margin9.42%
Return on Equity1.92%
Return on Assets3.56%
Shares Outstanding98.19M
Shares Float98.07M
Beta1.15
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 23 analystsTarget 465.86
  • Strong Buy
    15
  • Buy
    3
  • Hold
    4
  • Sell
    1

Ownership Breakdown

Institutions
102.02%
Insiders
0.10%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    8.48M8.64%
  • Vanguard Capital Management, LLC
    6.42M6.53%
  • Vanguard Portfolio Management, LLC
    4.74M4.83%
  • Massachusetts Financial Services Company
    4.63M4.71%
  • State Street Corp
    4.38M4.46%
  • T. Rowe Price Investment Management,Inc.
    3.82M3.89%
  • Amvescap Plc.
    3.49M3.56%
  • AllianceBernstein L.P.
    2.69M2.74%
  • Arnhold & S. Bleichroeder Advisers, LLC
    2.67M2.72%
  • Geode Capital Management, LLC
    2.64M2.68%
  • Fundsmith LLP
    2.27M2.31%
  • T. Rowe Price Associates, Inc.
    2.18M2.22%
  • JPMorgan Chase & Co
    2.16M2.20%
  • Jupiter Topco LLC
    1.66M1.69%
  • Viking Global Investors LP
    1.66M1.69%
  • HHG PLC
    1.64M1.67%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    3.11M3.17%
  • Vanguard 500 Index Investor
    2.58M2.63%
  • Vanguard MStar Mid Cap Index Instl
    2.10M2.14%
  • T. Rowe Price Capital Appreciation
    1.61M1.64%

Dividends

19961×
0.04Nov 26, 1996

Stock Splits

  • Aug 28, 20002:1
  • Jun 11, 19992:1