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Waters Corporation WAT

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462.20 USD -8.70 (-1.85%)

At closeNov 12, 2026, 7:27 PM EST

462.50 +0.30 +0.06%

After hours · Nov 12, 7:27 PM ET

459.99 Day range 470.10
282.77 52-week range 483.33
YTD
+21.69%
1 year
+19.32%
Market cap
90.84B
Revenue (ttm)
5.61B
Profit margin
1.76%
EPS (ttm)
2.39
Shares out
98.29M
P/E ratio
193.39
Forward P/E
27.96
YTD return
+21.69%
1-year return
+19.32%
Volume
557.85K
Avg volume
830.10K
Open
465.00
Previous close
470.90
Day's range
459.99 – 470.10
52-week range
282.77 – 483.33
Beta
1.15
Analysts
Buy
Price target
503.29 (+8.9%)
Earnings date
Feb 8, 2027

5D +7.34 (+1.61%)

460470480FriMonTueWedThu462.34

Key statistics

Enterprise value
51.20B
PEG ratio
1.88
Price / sales
16.19
Price / book
2.97
Dividend yield
0.00%
Payout ratio
0.00%
Revenue growth
120.90%
Free cash flow
-169.08M
Total cash
593.00M
Total debt
5.51B
Return on equity
1.12%
Short % of float
3.39%
50-day average
438.27
200-day average
372.39

Financials — quick view

All financials
WAT Revenue — quarterly 1.77B
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026
WAT Net income — quarterly 81.00M
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026
WAT EPS — quarterly 0.89
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026

Earnings

WAT recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Feb 8, 2027Jan 3, 20274.63———
Nov 3, 2026Oct 3, 20264.004.10+0.10+2.50%
Aug 4, 2026Jul 4, 20263.013.05+0.04+1.33%
May 5, 2026Apr 4, 20262.312.70+0.39+16.88%
Feb 9, 2026Dec 31, 20254.514.53+0.02+0.44%
Nov 4, 2025Sep 27, 20253.213.40+0.19+5.92%

Upgrades / downgrades

WAT analyst upgrades and downgrades
DateFirmActionFromTo
Nov 4, 2026CitigroupmainBuyBuy
Nov 4, 2026JP MorganmainNeutralNeutral
Nov 4, 2026TD CowenmainBuyBuy
Nov 4, 2026BarclaysmainOverweightOverweight
Nov 4, 2026RBC CapitalmainOutperformOutperform
Nov 4, 2026KeybancmainOverweightOverweight

About Waters Corporation

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.

Sector
Healthcare
Industry
Diagnostics & Research
Country
United States
Website
waters.com

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Insider holders

WAT insider holders
InsiderRelationLatest transactionDateShares held
BATRA UDITChief Executive OfficerStock Award(Grant)Feb 24, 202636,557
BENNETT JIANQINGOfficerStock Award(Grant)Feb 24, 20267,244
CARPIO ROBERT L IIIOfficerStock Award(Grant)Feb 24, 20263,615
CHAUBAL AMOLChief Financial OfficerStock Award(Grant)Feb 24, 20268,505
FEARON RICHARD HDirectorPurchaseMar 5, 20263,302
HUANG PEARL S.DirectorStock Award(Grant)Feb 24, 20263,276

Institution ownership

WAT institution ownership
Holder% heldSharesValueReported
Blackrock Inc.8.63%8,484,9393.92BJun 29, 2026
Vanguard Capital Management LLC6.53%6,415,5522.97BJun 29, 2026
Vanguard Portfolio Management LLC4.82%4,740,5242.19BJun 29, 2026
Massachusetts Financial Services Co.4.71%4,625,0352.14BJun 29, 2026
State Street Corporation4.46%4,382,0082.03BJun 29, 2026
T. Rowe Price Investment Management, Inc.3.88%3,817,7791.76BJun 29, 2026

Fund ownership

WAT fund ownership
Holder% heldSharesValueReported
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund3.17%3,116,3401.44BJun 29, 2026
VANGUARD INDEX FUNDS-Vanguard 500 Index Fund2.59%2,545,4191.18BJun 29, 2026
VANGUARD INDEX FUNDS-Vanguard Mid-Cap Index Fund2.16%2,127,547983.31MJun 29, 2026
T. ROWE PRICE CAPITAL APPRECIATION Fd., INC.-T. Rowe Price Capital App2.14%2,101,625971.33MJun 29, 2026
iShares Trust-iShares Core S&P 500 ETF1.33%1,309,174605.07MSep 29, 2026
Fidelity Concord Street Trust-Fidelity 500 Index Fund1.30%1,276,829590.12MSep 29, 2026