Powerpack

Unlock full stockrow access for only $9.90/month and boost yourself as an investor.

  • Full quarterly history

    Every quarter and TTM period we hold, not just the last 12.

  • Analyst estimates

    Three years of forward estimates and dividend forecasts.

  • Unlimited screener

    All results, unlimited saved screens, email when a screen changes.

  • Unlimited Excel

    Full workbooks and screener exports.

  • Unlimited follows

See Powerpack
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) P/E ratio

As of 25 September 2026, Waters Corporation (WAT) trades at a P/E ratio of 108×. Over the past ten years it has ranged from 18.3× (March 2020) to 911× (January 2018); the current reading is higher than 92% of that period. That is above the Diagnostics & Research industry median of 33.9× and above the Healthcare sector median of 22.7×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2025 35.2× 2.10%
FY2024 34.5× 14.25%
FY2023 30.2× 3.21%
FY2022 29.2× (11.56%)
FY2021 33.1× 12.11%
FY2020 29.5× 11.70%
FY2019 26.4× 8.32%
FY2018 24.4× (97.01%)
FY2017 815× 3,766.79%
FY2016 21.1× (10.53%)

Quarterly

Period P/E ratio Change
Jun 2026 93.3× 146.86%
Mar 2026 37.8× 7.36%
Dec 2025 35.2× 28.10%
Sep 2025 27.5× (12.37%)
42 more quarters

Against its own ten years

Low 18.3× High 911×
Ten-year median 28.0×
Current reading's percentile 92

P/E ratio against peers

Company P/E ratio
NTRA Natera, Inc. compare n/m
GH Guardant Health, Inc. compare n/m
DGX Quest Diagnostics Incorporated compare 24.8×
IQV IQVIA Holdings Inc. compare 33.3×
MTD Mettler-Toledo International, Inc. compare 33.9×
A Agilent Technologies, Inc. compare 33.9×
IDXX IDEXX Laboratories, Inc. compare 36.2×
ILMN Illumina, Inc. compare 50.4×
WAT Waters Corporation 108×
Diagnostics & Research industry median 33.9×
Healthcare sector median 22.7×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on WAT