Waters Corporation

WAT Healthcare Diagnostics & Research

Waters Corporation’s revenue for fiscal 2025 (year ended December 2025) was $3.2 billion, up 6.99% from fiscal 2024.

Revenue
+120.9%
EPS
−67.0%
Free cash flow
−66.7%
Total debt
+308.2%

Quarter to September 2026, against a year earlier

462.16 9.08 +2.00%
Market cap
$44.5B
P/E
194×
Fwd P/E
81.0×
Dividend yield
—
F-score
5/9
Altman Z
9.63
Beneish M
−2.37
Dividend safety
n/a

Waters Corporation (WAT) Book value per share

Alert me on Book value per share

Waters Corporation's book value per share at the end of fiscal 2025 was 43.0×, up 39.7% from 30.8× in fiscal 2024. At the end of the quarter to 30 September 2026 it was 156×. Over the past ten years it has ranged from −3.2× (fiscal 2019) to 43.0× (fiscal 2025) — the current reading is the highest in ten years. Waters Corporation ranks 1st of 49 Diagnostics & Research companies by book value per share.

Book value per share, annual

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Annual newest first

Period Book value per share Change
FY2025 43.0× 39.66%
FY2024 30.8× 58.27%
FY2023 19.5× 131.53%
FY2022 8.4× 40.89%
FY2021 6.0× 59.66%
FY2020 3.7× —
FY2019 −3.2× —
FY2018 20.4× (27.29%)
FY2017 28.0× (1.75%)
FY2016 28.5× 13.95%

Quarterly newest first

Period Book value per share Change
Sep 2026 156× 0.58%
Jun 2026 155× (16.89%)
Mar 2026 186× 332.43%
Dec 2025 43.1× 9.96%
43 more quarters

Against its own ten years

Low −3.2× High 43.0×
Ten-year median 20.4×
Current reading's percentile 100

Book value per share against peers

What Book value per share is

BV per Share tells an investor how much of a company’s accounting net worth stands behind each share.

(Shareholders Equity (Total) ÷ Shares (Basic, Weighted))

The full definition of Book value per share →

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