Saturday 17 October 2026 Export WAT’s income statement to Excel — free account

Waters Corporation

Waters Corporation’s revenue for fiscal 2025 (year ended December 2025) was $3.2 billion, up 6.99% from fiscal 2024. In the quarter to June 2026, revenue grew 113.4%, EPS fell 156.3%, free cash flow grew 750.0% and total debt rose 308.2%, each against the same quarter a year earlier. Member of the S&P 500; insiders bought in the last twelve months.

436.95 7.20 −1.62%

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Market cap: $43.6B
P/E: 109×
Fwd P/E: 44.3×
Dividend yield: —
F-score: 5/9
Altman Z: 9.63
Beneish M: −2.37
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

	Jun '26	Mar '26	Dec '25	Sep '25	Older periods
ROE Full definition →	1.92%	5.21%	29.27%	32.96%	+8 more TTM periods Free account
Piotroski F-Score Full definition →	4	2	5	6
ROA Full definition →	1.13%	3.09%	13.35%	13.83%
ROIC Full definition →	1.05%	1.92%	17.17%	18.28%
Return on Tangible Assets Full definition →	4.69%	13.58%	41.43%	49.69%
Average Days of Receivables Full definition →	156.16	169.71	95.59	87.97
Free Cash Flow per Share Full definition →	3.73	2.82	8.53	10.12
Free Cash Flow Full definition →	366.60	231.60	507.60	602.27
Capital Expenditures Full definition →	(182.96)	(157.96)	(144.96)	(125.88)
Other line items
Cash ROIC Full definition →	1.78%	1.12%	12.39%	16.12%
Accounts Receivable Turnover Full definition →	3.42	3.06	4.05	4.38
Accounts Payable Turnover Full definition →	4.75	4.80	12.64	12.12
Inventory Turnover Full definition →	2.38	1.68	2.46	2.33
Average Days of Payables Full definition →	138.11	129.95	29.45	33.15
Days of Inventory on Hand Full definition →	220.36	322.94	161.99	164.11
Tax Rate Full definition →	(0.19)	(0.14)	(0.15)	(0.16)
Research and Development Expense of Revenue Full definition →	6.84%	6.49%	6.18%	6.33%
Selling, General and Administrative Expense of Revenue Full definition →	26.92%	27.67%	26.23%	24.46%
Share Based Compensation of Revenue Full definition →	1.57%	1.62%	1.71%	1.65%
Interest Coverage Full definition →	2.22	5.83	11.54	11.05
Operating CF/Net income Full definition →	3.30	0.87	1.02	1.12
Depreciation/Fixed assets Full definition →	0.41	0.24	0.32	0.32
Capex/Depreciation Full definition →	(0.30)	(0.43)	(0.70)	(0.62)
Revenue per Share Full definition →	47.29	45.90	53.19	52.17
Operating CF per Share Full definition →	5.60	4.74	10.97	12.23
Capex per Share Full definition →	(1.86)	(1.92)	(2.44)	(2.11)
Capex to Sales Full definition →	0.04	0.04	0.05	0.04

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Columns are period end dates

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