WAT
Waters (WAT)
NYSE
$357.08-$1.18 (-0.33%)
Price as of Jun 23, 2026 5:39 PM EDT
  • $35.2B
    Market Cap
  • 4.50%
    1-Year Change
  • Diagnostics & Research
    Industry
Annual
Quarterly
12/31/2025
12/31/2024
12/31/2023
12/31/2022
Income Statement
Total Operating Revenue
2.0B
-33.17%
3.0B
+0.07%
3.0B
-0.52%
3.0B
+6.68%
Cost of Revenue
820.3M
-31.66%
1.2B
+0.42%
1.2B
-4.24%
1.2B
+7.92%
Gross Profit
1.2B
-34.20%
1.8B
-0.17%
1.8B
+2.17%
1.7B
+5.80%
Sales and Marketing Expense
830.4M
+20.32%
690.1M
-6.23%
736.0M
+11.85%
658.0M
+4.95%
Research and Development Expense
-195.7M
+6.93%
-183.0M
+4.62%
-174.9M
-0.71%
-176.2M
+4.65%
Depreciation and Amortization Expense
88.1M
+1.29%
87.0M
+2.83%
84.6M
+17.54%
72.0M
+0.61%
Total Operating Expenses
2.4B
+10.82%
2.1B
-0.31%
2.1B
+1.91%
2.1B
+6.84%
Operating Profit
802.6M
-2.88%
826.4M
+1.06%
817.7M
-6.38%
873.4M
+6.29%
Interest Income
18.8M
+7.81%
17.4M
+4.78%
16.6M
+50.83%
11.0M
-9.83%
Interest Expense
-69.5M
-22.45%
-89.7M
-9.29%
-98.9M
+102.60%
-48.8M
+8.59%
Interest Income and Expense and Net
-50.8M
-29.74%
-72.3M
-12.13%
-82.2M
+117.70%
-37.8M
+15.47%
Total Nonoperating Income and Expense
3.1M
+294.46%
776,000
-3.84%
807,000
-63.78%
2.2M
-87.05%
Income before Taxes
754.9M
+0.001%
754.9M
+2.53%
736.2M
-12.13%
837.8M
+3.93%
Income Taxes
112.2M
-4.09%
117.0M
+24.49%
94.0M
-27.74%
130.1M
+14.77%
Extraordinary Items
N/A
N/A
6.0M
0.00%
6.0M
N/A
0
N/A
Net Income
642.6M
+0.75%
637.8M
-0.69%
642.2M
-9.26%
707.8M
+2.15%
Net Income from Continuing Operations Applicable to Common
642.6M
+0.75%
637.8M
-0.69%
642.2M
-9.26%
707.8M
+2.15%
Basic EPS and Net Income
10.80
+0.47%
10.75
-1.10%
10.87
-7.88%
11.80
+4.89%
Diluted EPS and Net Income
10.76
+0.47%
10.71
-1.20%
10.84
-7.59%
11.73
+5.01%
Basic Weighted Average Shares
59.5M
+0.30%
59.3M
+0.44%
59.1M
-1.52%
60.0M
-2.58%
Diluted Weighted Average Shares
59.7M
+0.26%
59.6M
+0.48%
59.3M
-1.76%
60.3M
-2.74%
Balance Sheet
Cash and Cash Equivalents
587.8M
+81.19%
324.4M
-17.88%
395.1M
-17.78%
480.5M
-4.13%
Short-Term Investments
N/A
N/A
934,000
+4.01%
898,000
+4.18%
862,000
-98.73%
Cash and Cash Equivalents and Short-Term Investments
587.8M
+80.67%
325.4M
-17.83%
396.0M
-17.74%
481.4M
-15.44%
Total Current Assets
2.1B
+28.67%
1.7B
-4.78%
1.8B
-0.63%
1.8B
+8.29%
Accumulated Depreciation
840.3M
+15.19%
729.5M
-3.01%
752.1M
+7.12%
702.1M
+4.25%
Property and Plant and Equipment and Net
642.0M
-1.41%
651.2M
+1.90%
639.1M
+9.77%
582.2M
+6.26%
Total Long-Term Assets
307.8M
+4.12%
295.7M
+37.08%
215.7M
+12.87%
191.1M
+24.84%
Total Assets
5.1B
+11.48%
4.6B
-1.58%
4.6B
+41.00%
3.3B
+6.03%
Income Taxes Payable
69.6M
-63.17%
189.0M
-26.58%
257.4M
-32.45%
381.0M
+0.06%
Total Short-Term Debt
460.0M
N/A
0
-100.00%
50.0M
0.00%
50.0M
N/A
Total Current Liabilities
1.2B
+56.95%
789.8M
+0.02%
789.6M
+0.49%
785.7M
+15.46%
Total Long-Term Debt
947.4M
-41.75%
1.6B
-29.45%
2.3B
+51.19%
1.5B
+0.73%
Total Long-Term Liabilities
1.3B
-34.08%
1.9B
-27.97%
2.7B
+34.94%
2.0B
-2.72%
Total Liabilities
2.5B
-7.70%
2.7B
-21.61%
3.5B
+25.19%
2.8B
+1.82%
Retained Earnings
10.4B
+6.57%
9.8B
+6.97%
9.2B
+7.55%
8.5B
+9.07%
Total Stockholders Equity
2.6B
+40.07%
1.8B
+58.95%
1.2B
+128.02%
504.5M
+37.26%
Total Shares Outstanding
59.5M
+100,171.10%
59,388
-99.90%
59.2M
+0.12%
59.1M
-2.67%
Cash Flow
Cash from Operating Activities
652.6M
-14.38%
762.1M
+26.43%
602.8M
-1.45%
611.7M
-18.15%
Capital Expenditures
112.7M
+2,154.90%
5.0M
0.00%
5.0M
0.00%
5.0M
-97.50%
Cash from Investing Activities
-152.3M
+5.71%
-144.0M
-90.01%
-1.4B
+1,235.84%
-108.0M
-53.39%
Dividends Paid
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash from Financing Activities
-237.2M
-65.95%
-696.7M
-192.28%
755.0M
+248.14%
-509.6M
+16.28%
Financials Ratio
Gross Margin
58.51%
-1.55%
59.43%
-0.24%
59.57%
+2.71%
58.00%
-0.83%
Operating Margin
40.59%
+45.33%
27.93%
+0.99%
27.66%
-5.89%
29.39%
-0.36%
Return on Assets
13.35%
-3.95%
13.90%
-14.45%
16.24%
-26.84%
22.20%
-4.92%
Return on Equity
29.28%
-31.63%
42.82%
-44.83%
77.62%
-52.18%
162.32%
-29.75%
Revenue Growth
-33.17%
-49,829.69%
0.07%
+112.76%
-0.52%
-107.83%
6.68%
-62.43%
Current Ratio
1.73
-18.01%
2.11
-4.80%
2.22
-1.11%
2.24
-6.22%
Cash Ratio
0.47
+15.43%
0.41
-17.91%
0.50
-18.18%
0.61
-16.97%
Debt-to-Equity Ratio
0.55
-38.22%
0.89
-56.56%
2.05
-34.40%
3.12
-24.21%
Debt-to-Assets Ratio
0.28
-22.40%
0.36
-29.84%
0.51
+6.08%
0.48
-1.88%

Earnings & Revenue History

Debt-to-Assets

Cash Flow