Waters Corporation (WAT)

On 12 Nov 2026 Waters Corporation closed at $462.20, +21.7% this year; market cap $45.60bn, P/E 464.2.

About

Health Care · Life Sciences Tools & Services · NYSE · United States

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.

Key figures

Market cap$45.60bn
P/E (trailing)464.2
EPS (TTM)$1.00
Beta1.15
Dividend$0.00
Dividend yield0.00%
Ex-dividend date26 Nov 1996
Latest report3 Nov 2026
Next earnings2 Feb 2027

Performance

YTD+21.7%
1Y+19.3%
3Y+22.6%
5Y+5.3%

Financials

YearRevenueNet incomeFree cash flow
2025$3.17bn$642.63m$539.81m
2024$2.96bn$637.83m$619.64m
2023$2.96bn$642.23m$442.18m
2022$2.97bn$707.75m$428.20m
2021$2.79bn$692.84m$579.01m

Valuation

Base value $1,388.66 (+200.4% vs price); 1 of 1 methods above the price. See every method

Options

Call and put prices: our price for each next to the market's.

Open in the dashboard · Run a full Desk Run

Data as of 12 Nov 2026. Not investment advice.