Price Alert

Waters Corporation (WAT)

NYSE: WAT · Real-Time Price · USD

293.44

-3.39 (-1.14%)

At close: Aug 14, 2025, 3:59 PM

293.52

0.03%

Pre-market: Aug 15, 2025, 08:45 AM EDT

Waters Statistics

Share Statistics

Waters has 59.52M shares outstanding. The number of shares has increased by 0.25% in one year.

Shares Outstanding	59.52M
Shares Change (YoY)	0.25%
Shares Change (QoQ)	0.17%
Owned by Institutions (%)	95.41%
Shares Floating	59.4M
Failed to Deliver (FTD) Shares	2
FTD / Avg. Volume	n/a

Short Selling Information

The latest short interest is 2.02M, so 3.39% of the outstanding shares have been sold short.

Short Interest	2.02M
Short % of Shares Out	3.39%
Short % of Float	4.36%
Short Ratio (days to cover)	2.17

Valuation Ratios

The PE ratio is 34.51 and the forward PE ratio is 19.71. Waters's PEG ratio is -31.26.

PE Ratio	34.51
Forward PE	19.71
PS Ratio	7.44
Forward PS	5
PB Ratio	12.04
P/FCF Ratio	35.52
PEG Ratio	-31.26

Financial Ratio History

Enterprise Valuation

Waters has an Enterprise Value (EV) of 23.39B.

EV / Sales	7.91
EV / EBITDA	22.57
EV / EBIT	30.69
EV / FCF	37.75

Financial Position

The company has a current ratio of 2.11, with a Debt / Equity ratio of 0.93.

Current Ratio	2.11
Quick Ratio	1.51
Debt / Equity	0.93
Debt / EBITDA	1.64
Debt / FCF	2.75
Interest Coverage	9.21

Financial Efficiency

Return on Equity is 34.88% and Return on Invested Capital is 18.43%.

Return on Equity	34.88%
Return on Assets	14.01%
Return on Invested Capital	18.43%
Revenue Per Employee	$389.26K
Profits Per Employee	$83.93K
Employee Count	7,600
Asset Turnover	0.65
Inventory Turnover	1.57

Taxes

Income Tax	117.03M
Effective Tax Rate	15.5%

Stock Price Statistics

The stock price has increased by -16.19% in the last 52 weeks. The beta is 1.05, so Waters's price volatility has been higher than the market average.

Beta	1.05
52-Week Price Change	-16.19%
50-Day Moving Average	325.63
200-Day Moving Average	358.12
Relative Strength Index (RSI)	32.99
Average Volume (20 Days)	756,759

Income Statement

In the last 12 months, Waters had revenue of 2.96B and earned 637.83M in profits. Earnings per share was 10.75.

Revenue	2.96B
Gross Profit	2.21B
Operating Income	826.35M
Net Income	637.83M
EBITDA	1.04B
EBIT	844.54M
Earnings Per Share (EPS)	10.75

Full Income Statement

Balance Sheet

The company has 324.42M in cash and 1.7B in debt, giving a net cash position of -1.38B.

Cash & Cash Equivalents	324.42M
Total Debt	1.7B
Net Cash	-1.38B
Retained Earnings	9.79B
Total Assets	4.72B
Working Capital	765.99M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 762.12M and capital expenditures -142.48M, giving a free cash flow of 619.64M.

Operating Cash Flow	762.12M
Capital Expenditures	-142.48M
Free Cash Flow	619.64M
FCF Per Share	10.44

Full Cash Flow Statement

Margins

Gross margin is 74.72%, with operating and profit margins of 27.93% and 21.56%.

Gross Margin	74.72%
Operating Margin	27.93%
Pretax Margin	25.52%
Profit Margin	21.56%
EBITDA Margin	35.03%
EBIT Margin	27.93%
FCF Margin	20.95%

Dividends & Yields

WAT does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Payout Ratio	n/a
Earnings Yield	2.9%
FCF Yield	2.82%

Dividend Details

Analyst Forecast

The average price target for WAT is $360, which is 28.8% higher than the current price. The consensus rating is "Hold".

Price Target	$360
Price Target Difference	28.8%
Analyst Consensus	Hold
Analyst Count	14

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$54.39
Lynch Upside	-80.54%
Graham Number	86.34
Graham Upside	-69.1%

Stock Splits

The last stock split was on Aug 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

Altman Z-Score	8.35
Piotroski F-Score	7