Stock Overview

Waters Corporation (WAT)

NYSE · Healthcare · Diagnostics & Research

Waters Corporation is a Healthcare company with a market capitalization of $40.13B and a trailing P/E ratio of 103.2.

Market Cap
$40.13B
P/E (TTM)
103.2
Forward P/E
28.2
Price/Sales
8.6
Price/Book
2.6
EV/EBITDA
46.7
Beta
1.18
EPS (TTM)
$3.96
Profit Margin
3.6%
ROE
1.9%
Short % of Float
3.7%
Days to Cover
5.3
52W High
$416.00
52W Low
$283.32

5-Year Price History

Latest Annual Financials · FY ending December 31, 2025

Revenue
$3.17B
Gross Profit
$1.83B
Operating Income
$893.22M
Net Income
$642.63M
Free Cash Flow
$539.81M
Total Debt
$1.90B
Cash & Equivalents
$587.83M
Shareholder Equity
$2.56B

Recent Quarterly Earnings (EPS)

QuarterReportedActual EPSEstimateSurprise
Q2 2026August 4, 2026$3.05$3.01+1.3%
Q1 2026May 5, 2026$2.70$2.31+16.9%
Q4 2025February 9, 2026$4.53$4.51+0.4%
Q3 2025November 4, 2025$3.40$3.22+5.6%
Q2 2025August 4, 2025$2.95$2.94+0.3%
Q1 2025May 6, 2025$2.25$2.22+1.4%

Short Interest

FINRA-reported short interest for semi-monthly settlement dates, published about nine business days after each settlement. Share counts are adjusted to the current split basis.

SettlementShares Short% of Shares OutDays to CoverChange
July 15, 20263,662,2584.46%5.3-1.1%
June 30, 20263,702,7664.51%3.2-17.9%
June 15, 20264,510,7155.49%5.3+0.8%
May 29, 20264,475,8545.45%4.3+13.7%
May 15, 20263,938,4474.79%2.9+14.9%
April 30, 20263,428,2055.74%3.6-8.1%
April 15, 20263,730,9126.24%4.6+12.4%
March 31, 20263,319,2295.55%3.1+29.0%

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Frequently Asked Questions

What is Waters Corporation's market cap?

As of August 13, 2026, Waters Corporation (WAT) has a market capitalization of $40.13B.

What is Waters Corporation's P/E ratio?

Waters Corporation trades at a trailing price-to-earnings (P/E) ratio of 103.2. Its forward P/E is 28.2.

Does Waters Corporation pay a dividend?

Waters Corporation does not currently pay a dividend.

What sector is WAT in?

Waters Corporation is in the Healthcare sector, specifically the Diagnostics & Research industry.

What is Waters Corporation's short interest?

As of the July 15, 2026 FINRA settlement, 3,662,258 WAT shares were sold short, or 4.46% of shares outstanding. Days to cover: 5.3. FINRA publishes short interest twice a month, about nine business days after each settlement date.

What was Waters Corporation's revenue?

In its latest reported fiscal year (ending December 31, 2025), Waters Corporation reported revenue of $3.17B and net income of $642.63M.

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Data as of August 13, 2026. Figures are sourced from company filings and market data and may be delayed or revised. For informational purposes only — not investment advice.