WAT
Waters Corporation NYSE Listed Nov 17, 1995$355.44
-0.44%
vs $357.00
Mkt Cap $23.2B
52w Low $275.05
57.8% of range
52w High $414.15
50d MA $340.71
200d MA $344.81
P/E (TTM)
33.2x
EV/EBITDA
21.9x
P/B
8.3x
Debt/Equity
0.6x
ROE
25.1%
P/FCF
39.3x
RSI (14)
29.70
ATR (14)
$11.37
Beta
1.20
50d MA
$340.71
200d MA
$344.81
Avg Volume
1.1M
Waters Corporation, a specialty measurement company, provides analytical workflow solutions in Asia, the Americas, and Europe. It operates through two segments, Waters and TA. The company designs, manufactures, sells, and services high and ultra-performance liquid chromatography, as well as mass spectrometry (MS) technology systems and support products, including chromatography columns, other consumable products, and post-warranty service plans. It also designs, manufactures, sells, and services thermal analysis, rheometry, and calorimetry instruments; and develops and supplies software-based products that interface with its instruments, as well as other manufacturers' instruments. Its MS technology instruments are used in drug discovery and development comprising clinical trial testing, the analysis of proteins in disease processes, nutritional safety analysis, and environmental testing. The company offers thermal analysis, rheometry, and calorimetry instruments for use in predicting the suitability and stability of fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids for various industrial, consumer good, and healthcare products, as well as for life science research. Its products are used by life science, pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental customers working in research and development, quality assurance, and other laboratory applications. Waters Corporation was founded in 1958 and is headquartered in Milford, Massachusetts.
34 Maple Street · Milford, MA 01757 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 5, 2026 | TNS | 2.31 | 2.70 | +16.9% | 342.53 | +0.4% | +2.0% | +0.3% | +1.3% | -2.0% | +1.2% | — |
| Feb 9, 2026 | TNS | 4.51 | 4.53 | +0.4% | 328.14 | -0.1% | -0.3% | +0.0% | +0.7% | -2.8% | +1.1% | — |
| Nov 4, 2025 | TNS | 3.21 | 3.40 | +5.9% | 367.34 | -0.2% | +1.3% | +0.0% | -0.2% | +0.1% | +1.3% | — |
| Aug 4, 2025 | TNS | 2.94 | 2.95 | +0.3% | 285.59 | -0.4% | -1.5% | +0.0% | -1.2% | +0.1% | +1.2% | — |
| May 6, 2025 | TNS | 2.22 | 2.25 | +1.4% | 339.02 | +1.4% | +1.9% | +0.0% | +1.6% | -1.9% | +6.6% | — |
| Feb 12, 2025 | TNS | 4.03 | 4.10 | +1.7% | 381.91 | +1.5% | -0.7% | +0.0% | -2.5% | +1.8% | +0.4% | — |
| Nov 1, 2024 | TNS | 2.68 | 2.93 | +9.3% | 387.21 | -0.1% | +0.0% | +0.0% | -0.0% | -0.1% | -0.1% | — |
| Jul 31, 2024 | TNS | 2.56 | 2.63 | +2.7% | 336.28 | +1.2% | +4.8% | +0.0% | -1.9% | -4.9% | +0.6% | — |
| May 7, 2024 | TNS | 2.10 | 2.21 | +5.2% | 326.06 | -0.4% | -0.7% | +0.0% | +3.9% | +4.4% | -0.5% | — |
| Feb 6, 2024 | TNS | 3.55 | 3.62 | +2.0% | 330.38 | -0.0% | -2.1% | +0.0% | +1.0% | -1.2% | -0.8% | — |
| Nov 7, 2023 | TNS | 2.55 | 2.84 | +11.4% | 260.67 | +0.1% | -1.9% | +0.0% | -1.1% | +1.1% | -1.9% | — |
| Aug 2, 2023 | TNS | 2.59 | 2.80 | +8.1% | 291.77 | -0.6% | -0.1% | +0.0% | -0.5% | -0.1% | +2.4% | — |
| May 9, 2023 | BMO | 2.61 | 2.49 | -4.6% | 276.76 | +0.0% | -1.6% | +0.0% | -1.3% | +0.8% | +0.8% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 11 | Piper Sandler | Initiates | Neutral | $400 | $363.18 | $364.21 | +0.3% | -0.9% | -1.2% | +0.6% | +0.8% | -1.0% |
| Jun 2 | Wolfe Research | Reiterates | Outperform | $425 | $378.16 | $372.49 | -1.5% | -1.6% | +2.1% | -0.9% | -3.0% | -0.6% |
| Apr 13 | UBS | Maintains | Neutral → Neutral | — | $320.00 | $318.82 | -0.4% | +1.5% | +1.9% | -1.4% | -2.2% | +2.7% |
| Mar 25 | Deutsche Bank | Maintains | Hold → Hold | — | $301.92 | $303.62 | +0.6% | +0.1% | -0.6% | -3.8% | +1.5% | +1.5% |
| Feb 23 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $333.33 | $329.00 | -1.3% | -1.7% | -0.5% | -2.1% | +1.1% | -1.1% |
| Feb 11 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $327.02 | $326.86 | -0.0% | +0.7% | -2.8% | +1.1% | -0.6% | +1.9% |
| Feb 10 | BofA Securities | Maintains | Neutral → Neutral | — | $328.14 | $327.82 | -0.1% | -0.3% | +0.7% | -2.8% | +1.1% | -0.6% |
| Feb 10 | Guggenheim | Maintains | Buy → Buy | — | $328.14 | $327.82 | -0.1% | -0.3% | +0.7% | -2.8% | +1.1% | -0.6% |
| Feb 10 | UBS | Maintains | Neutral → Neutral | — | $328.14 | $327.82 | -0.1% | -0.3% | +0.7% | -2.8% | +1.1% | -0.6% |
| Dec 15 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $385.33 | $389.80 | +1.2% | +0.0% | -1.8% | -0.4% | -0.2% | +0.5% |
| Dec 10 | Wolfe Research | Upgrade | Peer Perform → Outperform | — | $386.16 | $387.24 | +0.3% | +2.5% | -0.9% | -1.8% | +0.0% | -1.8% |
| Nov 5 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $367.34 | $366.55 | -0.2% | +1.3% | -0.2% | +0.1% | +1.3% | +2.5% |
| Nov 5 | TD Cowen | Maintains | Hold → Hold | — | $367.34 | $366.55 | -0.2% | +1.3% | -0.2% | +0.1% | +1.3% | +2.5% |
| Oct 9 | JP Morgan | Maintains | Neutral → Neutral | — | $327.65 | $327.30 | -0.1% | +0.9% | +0.2% | +1.6% | -0.9% | -0.2% |
| Aug 5 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $285.59 | $284.58 | -0.4% | -1.5% | -1.2% | +0.1% | +1.2% | -0.7% |
| Aug 5 | Deutsche Bank | Maintains | Hold → Hold | — | $285.59 | $284.58 | -0.4% | -1.5% | -1.2% | +0.1% | +1.2% | -0.7% |
| Aug 4 | Jefferies | Maintains | Buy → Buy | — | $290.31 | $279.80 | -3.6% | -1.6% | -1.5% | -1.2% | +0.1% | +1.2% |
| Jul 16 | Baird | Maintains | Outperform → Outperform | — | $289.56 | $291.16 | +0.6% | +0.0% | +2.5% | -3.2% | -2.0% | +2.1% |
| Jul 15 | Wells Fargo | Downgrade | Overweight → Equal Weight | — | $304.18 | $308.39 | +1.4% | -4.8% | +0.0% | +2.5% | -3.2% | -2.0% |
| Jun 26 | BofA Securities | Maintains | Neutral → Neutral | — | $350.01 | $352.14 | +0.6% | +1.4% | -0.7% | -1.0% | +2.3% | -1.4% |
| May 7 | Baird | Maintains | Outperform → Outperform | — | $339.02 | $343.81 | +1.4% | +1.9% | +1.6% | -1.9% | +6.6% | -2.1% |
| May 7 | UBS | Maintains | Neutral → Neutral | — | $339.02 | $343.81 | +1.4% | +1.9% | +1.6% | -1.9% | +6.6% | -2.1% |
| Apr 22 | Baird | Maintains | Outperform → Outperform | — | $316.23 | $320.08 | +1.2% | +4.6% | +1.3% | +1.7% | -0.8% | +0.6% |
| Apr 10 | Barclays | Maintains | Equal Weight → Equal Weight | — | $336.52 | $324.09 | -3.7% | -6.5% | +3.4% | +2.6% | -3.1% | -0.7% |
| Mar 31 | KeyBanc Capital Markets | Upgrade | Sector Weight → Overweight | — | $362.16 | $364.31 | +0.6% | +1.8% | -3.4% | +1.9% | -4.8% | -5.9% |
| Mar 26 | Baird | Upgrade | Neutral → Outperform | — | $368.53 | $373.79 | +1.4% | -0.2% | +0.8% | -2.3% | +1.8% | -3.4% |
| Mar 6 | JP Morgan | Maintains | Neutral → Neutral | — | $378.89 | $381.85 | +0.8% | +2.0% | +1.7% | -0.7% | -2.9% | -1.5% |
| Feb 13 | Wells Fargo | Maintains | Overweight → Overweight | — | $381.91 | $387.64 | +1.5% | -0.7% | -2.5% | +1.8% | +0.4% | +0.8% |
| Feb 13 | UBS | Maintains | Neutral → Neutral | — | $381.91 | $387.64 | +1.5% | -0.7% | -2.5% | +1.8% | +0.4% | +0.8% |
| Feb 13 | BofA Securities | Maintains | Neutral → Neutral | — | $381.91 | $387.64 | +1.5% | -0.7% | -2.5% | +1.8% | +0.4% | +0.8% |
| Feb 13 | Scotiabank | Upgrade | Sector Perform → Sector Outperform | — | $381.91 | $387.64 | +1.5% | -0.7% | -2.5% | +1.8% | +0.4% | +0.8% |
| Feb 10 | Barclays | Upgrade | Underweight → Equal Weight | — | $409.50 | $411.00 | +0.4% | -0.5% | -0.6% | -5.8% | -0.7% | -2.5% |
| Dec 13 | BofA Securities | Maintains | Neutral → Neutral | — | $383.03 | $382.22 | -0.2% | -1.2% | -1.1% | -0.1% | -3.6% | +0.1% |
| Nov 4 | Bernstein | Maintains | Market Perform → Market Perform | — | $387.21 | $387.00 | -0.1% | +0.0% | -0.0% | -0.1% | -0.1% | -0.4% |
| Nov 4 | Stifel | Maintains | Hold → Hold | — | $387.21 | $387.00 | -0.1% | +0.0% | -0.0% | -0.1% | -0.1% | -0.4% |
| Nov 4 | Barclays | Maintains | Underweight → Underweight | — | $387.21 | $387.00 | -0.1% | +0.0% | -0.0% | -0.1% | -0.1% | -0.4% |
| Nov 4 | Wells Fargo | Maintains | Overweight → Overweight | — | $387.21 | $387.00 | -0.1% | +0.0% | -0.0% | -0.1% | -0.1% | -0.4% |
| Nov 4 | Deutsche Bank | Maintains | Hold → Hold | — | $387.21 | $387.00 | -0.1% | +0.0% | -0.0% | -0.1% | -0.1% | -0.4% |
| Nov 4 | TD Cowen | Maintains | Hold → Hold | — | $387.21 | $387.00 | -0.1% | +0.0% | -0.0% | -0.1% | -0.1% | -0.4% |
| Nov 4 | JP Morgan | Maintains | Neutral → Neutral | — | $387.21 | $387.00 | -0.1% | +0.0% | -0.0% | -0.1% | -0.1% | -0.4% |
| Oct 15 | Barclays | Maintains | Underweight → Underweight | — | $357.25 | $358.06 | +0.2% | +0.8% | -1.7% | -1.9% | +0.3% | -0.8% |
| Oct 8 | Jefferies | Upgrade | Hold → Buy | — | $349.92 | $361.09 | +3.2% | +2.6% | -0.6% | -1.2% | +1.5% | -0.2% |
| Oct 1 | Evercore ISI | Maintains | In Line → In Line | — | $359.89 | $360.08 | +0.1% | -0.4% | -0.9% | -0.2% | -0.5% | -0.7% |
| Aug 1 | TD Cowen | Maintains | Hold → Hold | — | $336.28 | $340.28 | +1.2% | +4.8% | -1.9% | -4.9% | +0.6% | -2.7% |
| Aug 1 | Deutsche Bank | Maintains | Hold → Hold | — | $336.28 | $340.28 | +1.2% | +4.8% | -1.9% | -4.9% | +0.6% | -2.7% |
| Aug 1 | Barclays | Maintains | Underweight → Underweight | — | $336.28 | $340.28 | +1.2% | +4.8% | -1.9% | -4.9% | +0.6% | -2.7% |
| Aug 1 | Leerink Partners | Upgrade | Market Perform → Outperform | — | $336.28 | $340.28 | +1.2% | +4.8% | -1.9% | -4.9% | +0.6% | -2.7% |
| Jul 2 | Evercore ISI | Maintains | In Line → In Line | — | $282.70 | $282.52 | -0.1% | +0.6% | +1.1% | -0.4% | -0.2% | -0.9% |
| Jun 28 | Barclays | Maintains | Underweight → Underweight | — | $286.47 | $287.25 | +0.3% | +1.3% | -2.6% | +0.6% | +1.1% | -0.4% |
| May 8 | TD Cowen | Maintains | Hold → Hold | — | $326.06 | $324.87 | -0.4% | -0.7% | +3.9% | +4.4% | -0.5% | +2.8% |
No insider trades available.
8-K · 2.02
!! High
Waters Corporation -- 8-K 2.02: Earnings Results
Waters Corporation reported Q2 2026 earnings results for the quarter ending April 4, 2026, providing investors with updated financial performance metrics and operational insights.
May 5
8-K · 1.01
! Medium
Unknown — 8-K 1.01: Underwriting / Securities
Waters Corporation announced underwriting or securities activity via 8-K filing, suggesting potential capital raising, debt issuance, or equity offerings that could impact shareholder dilution and balance sheet strength.
Mar 23
8-K
Unknown — 8-K Filing
Waters Corporation is spinning off a business division, creating a separate publicly traded company that investors can evaluate independently, potentially unlocking shareholder value if markets price the two entities more favorably than the combined company.
Mar 16
8-K
Waters Corp -- 8-K Filing
Waters Corp reported fourth-quarter 2025 sales of $932 million, up 7% year-over-year, though GAAP diluted EPS declined slightly to $3.77 from $3.88.
Feb 9
8-K
Waters Corp -- 8-K Filing
Waters separated from Becton Dickinson, paying BD $4.0 billion and issuing 38.5 million shares to BD shareholders upon merger completion.
Feb 9
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Vanguard Capital Management Llc | 6,378,775 | $1.9B | New | Mar 2026 |
| 2 | Vanguard Portfolio Management Llc | 4,754,185 | $1.4B | New | Mar 2026 |
| 3 | First Eagle Investment Management, Llc | 3,150,374 | $938M | New | Mar 2026 |
| 4 | Invesco Ltd. | 2,168,285 | $646M | Added | Mar 2026 |
| 5 | Jpmorgan Chase & Co | 1,973,648 | $579M | Added | Mar 2026 |
| 6 | Morgan Stanley | 1,438,342 | $546M | Reduced | Dec 2025 |
| 7 | Janus Henderson Group Plc | 1,638,772 | $488M | New | Mar 2026 |
| 8 | Viking Global Investors | 1,256,462 | $374M | New | Mar 2026 |
| 9 | Veritas Asset Management Llp | 1,200,813 | $358M | Reduced | Mar 2026 |
| 10 | Principal Financial Group Inc | 870,969 | $331M | — | Dec 2025 |
| 11 | Northern Trust Corp | 1,042,394 | $310M | Added | Mar 2026 |
| 12 | D.e. Shaw & Co | 1,025,240 | $305M | Added | Mar 2026 |
| 13 | Bank Of America Corp /de/ | 843,636 | $251M | Added | Mar 2026 |
| 14 | Ako Capital Llp | 816,929 | $243M | Added | Mar 2026 |
| 15 | Franklin Resources Inc | 709,538 | $211M | Added | Mar 2026 |
| 16 | Ubs Group Ag | 640,339 | $191M | Added | Mar 2026 |
| 17 | Artisan Partners Limited Partnership | 534,576 | $159M | Added | Mar 2026 |
| 18 | Bank Of New York Mellon Corp | 528,908 | $158M | Added | Mar 2026 |
| 19 | Fmr Llc | 502,814 | $150M | Added | Mar 2026 |
| 20 | Allspring Global Investments Holdings, Llc | 488,854 | $147M | Added | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$23.17B
Enterprise Value
$22.13B
P/E (TTM)
33.18x
Forward P/E
24.71x
PEG Ratio
75.62x
P/B
8.26x
P/S
6.70x
P/FCF
39.31x
EV/EBITDA
21.87x
Shares Out
59.7M
Financials (TTM)
Revenue
$3.17B
Net Income
$642.6M
EBITDA
$1.01B
Free Cash Flow
$539.8M
Op Cash Flow
$652.6M
EPS Basic
$10.80
EPS Diluted
$10.76
EPS Forward
$14.38
Gross Margin
57.8%
Op Margin
28.2%
Net Margin
20.3%
Balance Sheet
Total Assets
$5.08B
Total Liab.
$2.52B
Total Equity
$2.56B
Cash
$587.8M
LT Debt
$1.41B
Book Value/Sh
$43.04
Debt/Equity
0.55x
Current Ratio
0.00
Quick Ratio
0.00
Returns & Growth
ROE
25.1%
ROA
12.7%
ROIC
15.0%
Rev Growth YoY
+7.0%
EPS Growth YoY
+0.5%
Price Returns
2W
+15.1%
1M
+24.0%
3M
+20.1%
6M
-4.9%
12M
+9.8%
Technicals
52W High
$414.15
52W Low
$275.05
50d MA
$340.71
200d MA
$344.81
RSI (14)
29.70
ATR (14)
$11.37
Beta
1.20
Avg Volume
1.1M
Dividends
Div Rate
$0.00
Div Yield
—
Frequency
—
Ex-Div Date
—
Analyst Price Targets
Consensus
$402.57
High
$480.00
Low
$350.00
Median
$400.00
Data updated apr 27, 2026 8:45am
· Source: financialmodelingprep.com