
WATERS CORP
WATNYSETrading Snapshot
- Day Range
- $300.65 β $305.36
- 52-Week Range
- $275.05 β $414.15
- Volume
- $5.68B
- Avg Volume
- $6.25B
- Shares Outstanding
- 98.2M
- Next Earnings
- Oct 17, 2026
Fundamentals Snapshot
- Annual Revenue
- $3.17B
- Last Q Revenue
- $1.65B
- P/E Ratio
- 240.5
- P/S Ratio
- 8.6x
- EPS (TTM)
- $4.00
- Dividend Yield
- β
Why Investors Own WAT
- βHigh-growth profile β revenue up +21.1% YoY with expanding US Equity exposure.
- βHealthy economics β 39% gross margin and 8% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About WATERS CORP
Waters Corporation is a global leader in specialized measurement, delivering analytical solutions across Asia, the Americas, and Europe. The company operates through two main divisions: Waters and TA. Under its Waters segment, it engineers, manufactures, sells, and provides support for high and ultra-performance liquid chromatography and mass spectrometry (MS) systems. This includes essential consumables like chromatography columns and comprehensive post-warranty service plans. The TA segment focuses on designing, producing, selling, and servicing instruments for thermal analysis, rheometry, and calorimetry. Additionally, Waters develops and supplies sophisticated software that integrates with both its own instruments and those from other manufacturers. The company's advanced MS technology plays a crucial role in various applications, such as drug discovery and development (including clinical trial assessments), analyzing proteins involved in disease processes, ensuring nutritional safety, and conducting environmental testing. Its thermal analysis, rheometry, and calorimetry instruments are vital for assessing the suitability and stability of a wide range of materials, including fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids. These instruments support diverse sectors like industrial manufacturing, consumer goods, healthcare products, and life science research. Waters' extensive client base spans the life sciences, pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental sectors, where its products are instrumental in research and development, quality assurance, and general laboratory operations. Established in 1958, Waters Corporation is headquartered in Milford, Massachusetts.
Otter Score Breakdown
βAnalyst Price Target
βLatest News & Updates
WATERS CORP tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift WAT price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
WATERS CORP announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.