Waters Corporation WAT

433.54 3.24 0.75% as of 25 Sep
Market cap
$42.3B
P/E
108×
Indexes indicate stock being part of an index,
Insider Buys alert about insiders buying in the last 12 month

Waters Corporation (WAT) Return on invested capital

Waters Corporation's return on invested capital over the twelve months to 30 June 2026 was 1.05%, down 16.1 percentage points from fiscal 2025 (17.2%). Over the past ten years it has ranged from 16.5% (fiscal 2024) to 56.1% (fiscal 2017); the current reading is higher than 27% of that period. That is above the Diagnostics & Research industry median of 0.00% and above the Healthcare sector median of 0.00%.

Return on invested capital, annual

Annual

Period Return on invested capital Change (points)
FY2025 17.2% 0.67
FY2024 16.5% (0.20)
FY2023 16.7% (18.56)
FY2022 35.3% (3.88)
FY2021 39.1% (1.38)
FY2020 40.5% (2.58)
FY2019 43.1% (4.07)
FY2018 47.2% (8.94)
FY2017 56.1% 23.31
FY2016 32.8% 2.03

Against its own ten years

Low 16.5% High 56.1%
Ten-year median 35.3%
Current reading's percentile 27

Return on invested capital against peers

Company Return on invested capital
IDXX IDEXX Laboratories, Inc. compare 48.9%
MTD Mettler-Toledo International, Inc. compare 35.4%
ILMN Illumina, Inc. compare 17.5%
A Agilent Technologies, Inc. compare 11.1%
DGX Quest Diagnostics Incorporated compare 7.94%
IQV IQVIA Holdings Inc. compare 6.80%
WAT Waters Corporation 1.05%
NTRA Natera, Inc. compare −22.3%
GH Guardant Health, Inc. compare −129.7%
Diagnostics & Research industry median 0.00%
Healthcare sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

More on WAT