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Screener Weekly Summary Pricing

Waters Corporation WAT

Healthcare  —  Diagnostics & Research
433.54 3.24 0.75% as of 25 Sep
Market cap
$42.3B
P/E
108×
S&P 500 Member Insider Buys (last 12m)
Indexes indicate stock being part of an index,
Insider Buys alert about insiders buying in the last 12 month
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Waters Corporation (WAT) EV/EBITDA

As of 25 September 2026, Waters Corporation (WAT) trades at a EV/EBITDA of 49.8×. Over the past ten years it has ranged from 12.9× (February 2016) to 49.8× (September 2026) — the current reading is the highest in ten years. That is above the Diagnostics & Research industry median of 25.2× and above the Healthcare sector median of 10.4×.

EV/EBITDA, daily

Annual

Period EV/EBITDA Change
FY2025 22.8× (0.59%)
FY2024 22.9× 5.62%
FY2023 21.7× (0.05%)
FY2022 21.7× (13.43%)
FY2021 25.1× 19.76%
FY2020 20.9× (0.12%)
FY2019 20.9× 27.47%
FY2018 16.4× (10.59%)
FY2017 18.4× 33.80%
FY2016 13.7× (11.24%)

Quarterly

Period EV/EBITDA Change
Jun 2026 43.7× 46.34%
Mar 2026 29.8× 31.12%
Dec 2025 22.8× 27.45%
Sep 2025 17.9× (13.98%)
42 more quarters

Against its own ten years

Low 12.9× High 49.8×
Ten-year median 19.1×
Current reading's percentile 100

EV/EBITDA against peers

Company EV/EBITDA
NTRA Natera, Inc. compare n/m
GH Guardant Health, Inc. compare n/m
DGX Quest Diagnostics Incorporated compare 14.1×
IQV IQVIA Holdings Inc. compare 17.3×
MTD Mettler-Toledo International, Inc. compare 24.9×
IDXX IDEXX Laboratories, Inc. compare 25.6×
A Agilent Technologies, Inc. compare 26.5×
ILMN Illumina, Inc. compare 36.0×
WAT Waters Corporation 49.8×
Diagnostics & Research industry median 25.2×
Healthcare sector median 10.4×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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