Waters

WAT · NYSE · USD

$425.53Change from previous close: −3.15%Absolute change: −$13.86

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
$41.78B
Enterprise value
$46.75B
P/E (trailing 12 months)
107.5
Forward P/E
25.7
PEG
1.64
Price/book
2.75
Price/sales
9.00
EV/EBITDA
32.2
EV/revenue
10.1

Profitability and growth

Gross margin
56.3%
Operating margin
9.4%
Net margin
3.6%
ROE
1.9%
ROA
3.6%
Revenue growth (year over year)
113.4%

Financial health

Total cash
$539M
Total debt
$5.48B
Debt/equity
0.36
Current ratio
1.86
Quick ratio
1.05

Dividends

Payout ratio
0.0%
Ex-dividend date
November 26, 1996

Analysts and estimates

Average price target
$446.74
Median price target
$455.00
High price target
$515.00
Low price target
$349.00
Analysts with a price target
23
Consensus
Buy
Forward EPS
$16.55
EPS estimate, current year
$14.58

Shares and trading

Beta
1.19
Average volume
765.27K
Shares outstanding
98.19M
Float
98.07M
Institutional ownership
102.1%
Insider ownership
0.1%
Short interest (% of float)
3.4%
Short ratio (days)
5.06