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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) Price to free cash flow

As of 25 September 2026, Waters Corporation (WAT) trades at a price to free cash flow of 116×. Over the past ten years it has ranged from 0.0× (December 2024) to 136× (May 2026); the current reading is higher than 99% of that period. That is above the Diagnostics & Research industry median of 34.0× and above the Healthcare sector median of 19.5×.

Price to free cash flow, daily

Annual

Period Price to free cash flow Change
FY2025 44.5× 25.36%
FY2024 35.5× —
FY2023 0.0× —
FY2022 48.4× 22.18%
FY2021 39.6× 37.36%
FY2020 28.8× (13.42%)
FY2019 33.3× 15.46%
FY2018 28.9× 12.20%
FY2017 25.7× 24.98%
FY2016 20.6× (11.16%)

Quarterly

Period Price to free cash flow Change
Jun 2026 100× (4.88%)
Mar 2026 106× 137.19%
Dec 2025 44.5× 50.27%
Sep 2025 29.6× (11.70%)
42 more quarters

Against its own ten years

Low 0.0× High 136×
Ten-year median 28.8×
Current reading's percentile 99

Price to free cash flow against peers

Company Price to free cash flow
GH Guardant Health, Inc. compare n/m
DGX Quest Diagnostics Incorporated compare 19.4×
IQV IQVIA Holdings Inc. compare 19.9×
IDXX IDEXX Laboratories, Inc. compare 33.1×
MTD Mettler-Toledo International, Inc. compare 35.2×
A Agilent Technologies, Inc. compare 38.4×
ILMN Illumina, Inc. compare 44.9×
WAT Waters Corporation 116×
NTRA Natera, Inc. compare 702×
Diagnostics & Research industry median 34.0×
Healthcare sector median 19.5×
Market median 14.0×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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