Waters Corporation
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||
| – | – | 35.1 | 28.7 | 78.6 | 46.6 | 20.0 | 24.8 | 25.7 | 21.7 | 23.0 | 30.2 | 11.4 | 18.6 | 19.1 | 15.8 | 16.8 | 19.2 | 22.2 | 23.8 | 21.0 | 766.7 | 24.7 | 26.9 | 29.6 | 33.4 | 29.2 | 30.4 | 34.6 | 35.3 | |
| 2.3 | 2.4 | 4.2 | 5.0 | 14.4 | 6.2 | 3.3 | 4.4 | 5.2 | 3.8 | 4.0 | 5.5 | 2.3 | 4.0 | 4.4 | 3.7 | 4.2 | 4.5 | 4.8 | 5.5 | 5.0 | 6.7 | 6.1 | 6.6 | 6.5 | 8.3 | 7.0 | 6.6 | 7.5 | 7.2 | |
| 14.0 | 15.8 | 16.4 | 12.0 | 25.3 | 9.2 | 4.4 | 7.2 | 8.5 | 15.5 | 14.1 | 13.8 | 5.6 | 7.1 | 6.8 | 5.6 | 5.3 | 4.9 | 5.1 | 5.4 | 4.8 | 7.0 | 9.3 | – | 66.5 | 62.9 | 41.0 | 17.0 | 12.1 | 8.9 | |
| 2.3 | 2.4 | 4.2 | 5.0 | 14.3 | 5.9 | 3.0 | 4.3 | 5.1 | 4.1 | 4.3 | 5.7 | 2.4 | 4.2 | 4.7 | 4.0 | 4.6 | 5.0 | 5.3 | 6.1 | 5.7 | 7.3 | 6.2 | 7.8 | 7.0 | 8.7 | 7.3 | 7.3 | 7.9 | 7.6 | |
| 10.4 | 19.0 | 15.8 | 17.1 | 47.2 | 27.8 | 11.2 | 16.2 | 17.4 | 14.4 | 15.7 | 20.9 | 8.0 | 13.8 | 15.1 | 12.5 | 14.5 | 15.9 | 17.2 | 18.5 | 16.5 | 21.1 | 17.9 | 22.7 | 21.1 | 24.6 | 21.5 | 26.3 | 22.6 | 23.7 | |
| 20.0 | – | 28.4 | 27.4 | 81.4 | 36.4 | 16.3 | 34.6 | 29.8 | 17.7 | 24.1 | 26.1 | 10.6 | 18.5 | 18.5 | 16.6 | 22.5 | 23.6 | 23.7 | 24.5 | 20.5 | 25.6 | 30.7 | 33.2 | 25.0 | 39.9 | 48.3 | 44.1 | 35.7 | 42.0 | |
| 5.0% | -7.5% | 3.5% | 3.7% | 1.2% | 2.8% | 6.1% | 2.9% | 3.4% | 5.6% | 4.2% | 3.8% | 9.5% | 5.4% | 5.4% | 6.0% | 4.4% | 4.2% | 4.2% | 4.1% | 4.9% | 3.9% | 3.3% | 3.0% | 4.0% | 2.5% | 2.1% | 2.3% | 2.8% | 2.4% | |
| Margins | ||||||||||||||||||||||||||||||
| 65.8% | 65.9% | 65.5% | 66.6% | 66.6% | 63.8% | 58.0% | 58.5% | 58.8% | 58.7% | 58.1% | 57.2% | 58.0% | 60.3% | 60.2% | 60.5% | 60.0% | 58.9% | 58.5% | 58.7% | 58.9% | 59.0% | 59.0% | 58.0% | 57.4% | 58.5% | 58.0% | 59.6% | 59.4% | 57.8% | |
| 18.0% | 8.1% | 22.0% | 25.1% | 26.5% | 17.4% | 22.1% | 22.9% | 25.8% | 24.4% | 23.4% | 23.7% | 24.7% | 26.3% | 27.4% | 28.6% | 27.7% | 27.2% | 26.0% | 27.8% | 28.8% | 28.7% | 30.6% | 29.4% | 27.3% | 29.5% | 29.4% | 27.7% | 27.9% | 28.2% | |
| -0.6% | -1.8% | 12.0% | 17.4% | 18.3% | 13.3% | 16.6% | 17.8% | 20.3% | 17.4% | 17.4% | 18.2% | 20.5% | 21.6% | 23.2% | 23.4% | 25.0% | 23.6% | 21.7% | 23.0% | 24.1% | 0.9% | 24.5% | 24.6% | 22.1% | 24.9% | 23.8% | 21.7% | 21.6% | 20.3% | |
| 11.7% | -17.8% | 14.9% | 18.2% | 17.6% | 17.1% | 20.4% | 12.8% | 17.5% | 21.3% | 16.6% | 21.1% | 22.2% | 21.6% | 24.0% | 22.3% | 18.7% | 19.2% | 20.4% | 22.4% | 24.6% | 26.3% | 19.7% | 19.9% | 26.1% | 20.8% | 14.4% | 15.0% | 20.9% | 17.1% | |
| Returns | ||||||||||||||||||||||||||||||
| -3.7% | -11.8% | 46.7% | 41.9% | 32.2% | 19.7% | 22.2% | 28.9% | 33.0% | 71.2% | 61.3% | 45.7% | 48.8% | 38.1% | 35.7% | 35.3% | 31.4% | 25.5% | 22.8% | 22.8% | 22.7% | 0.9% | 37.9% | – | 224.7% | 188.5% | 140.3% | 55.8% | 34.9% | 25.1% | |
| -0.7% | -1.5% | 12.9% | 20.9% | 21.0% | 12.9% | 14.6% | 15.1% | 15.3% | 14.1% | 13.7% | 14.3% | 19.9% | 16.9% | 16.4% | 15.9% | 14.6% | 12.6% | 11.1% | 11.0% | 11.2% | 0.4% | 15.9% | 23.2% | 18.4% | 22.4% | 21.6% | 13.9% | 14.0% | 12.7% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||
| 1.1 | 4.3 | -1.2 | 10 | -71 | -226 | -256 | -110 | -82 | 333 | 389 | 287 | 108 | 291 | 458 | 607 | 697 | 883 | 1,043 | 1,181 | 1,322 | 1,355 | 352 | 2,926 | 1,098 | 1,041 | 1,171 | 1,988 | 1,328 | 1,311 | |
| 0.0 | 0.1 | 0.0 | 0.1 | -0.3 | -1.2 | -1.1 | -0.4 | -0.3 | 1.0 | 1.1 | 0.7 | 0.2 | 0.6 | 0.9 | 1.0 | 1.2 | 1.5 | 1.7 | 1.8 | 1.8 | 1.7 | 0.4 | 3.5 | 1.4 | 1.1 | 1.2 | 2.4 | 1.3 | 1.3 | |
| 17.8% | 12.8% | 27.6% | 50.0% | 65.3% | 65.6% | 65.8% | 52.2% | 46.5% | 19.8% | 22.4% | 31.2% | 40.7% | 44.5% | 45.9% | 45.0% | 46.3% | 49.3% | 48.8% | 48.3% | 49.4% | 41.8% | 42.0% | -8.5% | 8.2% | 11.9% | 15.4% | 24.9% | 40.2% | 50.5% | |
| 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 0.7 | 2.9 | 2.5 | 1.5 | 0.8 | 0.7 | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.9 | 0.7 | – | 6.6 | 4.2 | 3.3 | 2.1 | 0.9 | 0.7 | |
| Per Share | ||||||||||||||||||||||||||||||
| -0.02 | -0.07 | 0.62 | 0.92 | 1.06 | 0.83 | 1.09 | 1.34 | 1.82 | 1.74 | 2.13 | 2.62 | 3.21 | 3.34 | 4.06 | 4.69 | 5.19 | 5.20 | 5.07 | 5.65 | 6.41 | 0.25 | 7.65 | 8.69 | 8.36 | 11.17 | 11.73 | 10.84 | 10.71 | 10.76 | |
| 3.26 | 4.00 | 5.17 | 5.31 | 5.81 | 6.25 | 6.56 | 7.51 | 8.97 | 9.99 | 12.28 | 14.37 | 15.66 | 15.47 | 17.47 | 20.05 | 20.72 | 22.00 | 23.36 | 24.58 | 26.62 | 28.65 | 31.18 | 35.30 | 37.90 | 44.91 | 49.26 | 49.88 | 49.68 | 53.01 | |
| 0.54 | 0.60 | 1.33 | 2.20 | 3.30 | 4.23 | 4.90 | 4.63 | 5.51 | 2.45 | 3.48 | 5.72 | 6.57 | 8.76 | 11.36 | 13.29 | 16.49 | 20.37 | 22.25 | 24.78 | 28.27 | 27.71 | 20.19 | -3.17 | 3.72 | 5.93 | 8.36 | 19.41 | 30.70 | 42.90 | |
| 0.38 | -0.71 | 0.77 | 0.97 | 1.03 | 1.07 | 1.34 | 0.96 | 1.57 | 2.13 | 2.04 | 3.03 | 3.47 | 3.35 | 4.20 | 4.46 | 3.87 | 4.23 | 4.76 | 5.50 | 6.56 | 7.53 | 6.14 | 7.03 | 9.90 | 9.33 | 7.10 | 7.46 | 10.41 | 9.04 | |
Data as of: September 21, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.