Waters (WAT) Stock Price

Waters Price

NYSE·CLOSED
425.21
​
Market closed

Over the last 19 years Waters grew revenue by 4.9% annually, reaching 3.17 B USD. Earnings per share have grown at 8.8% per year over the last 19 years. For Waters, the net margin of 20.3% is down versus 24.9% a few years ago. The consensus 12-month price target for Waters is 420.00 USD, about 1.2% below where the stock trades today. Of 31 analysts, 20 rate the stock a buy — an overall Buy consensus.

Waters stock price

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Waters business model & stock analysis

Waters Corporation is a leading company in the field of analytics and laboratory instruments. The company was founded in 1958 by James L. Waters and is headquartered in Milford, Massachusetts. Waters Corp originated from the development of liquid chromatography (LC), a technology that allows researchers to separate, identify and analyze substances in a sample. Over the years, Waters has built on this foundation and has evolved into a company that offers a wide range of solutions for the life science industry and chemical analysis. The business model of Waters Corp is based on the development and sale of innovative technologies and instruments for the analysis of chemical and biological substances. The company focuses on four main areas: life science mass spectrometry, chromatography, chemical analysis, and laboratory information systems. Life science mass spectrometry encompasses a range of technologies that facilitate the analysis of biological molecules and medical samples. Mass spectrometry is an instrument for measuring the mass of a molecule. It is used to determine the identity of compounds in a sample and provide information about their structure. Applications are diverse and range from the exploration of new drugs to the diagnosis of diseases. Chromatography systems allow researchers to split and identify substances in a sample. The company offers a wide range of solutions for liquid chromatography and gas chromatography, including systems for high-performance liquid chromatography (HPLC), ultra-high-performance liquid chromatography (UHPLC), and gas chromatography (GC). Chemical analysis encompasses a wide range of technologies that enable rapid, accurate, and reliable analysis of chemical substances. The company offers solutions for spectroscopy, nuclear magnetic resonance spectroscopy (NMR), and X-ray crystallography. Laboratory information systems enable effective management of laboratory information, including sample and result management, as well as report generation and data security. Waters offers solutions for laboratory information management systems (LIMS), electronic signature, and electronic archiving. The company has a wide range of products, including mass spectrometers, gas chromatographs, liquid chromatographs, laboratory information and chromatography software, accessories, and consumables. Waters' product range is focused on various applications in medical research, drug development, the food industry, environmental analysis, and other industries. Waters has a long history of innovation and has received numerous awards for its advancements in technology development and analytics. The company has become a global leader in analytical instruments, software products, and consumables, serving customers in more than 100 countries worldwide. Overall, Waters Corp has a strong position in the industry based on innovative technologies, broad performance spectrum, and decades of experience. The company is expected to continue playing an important role in the analytics and instruments industry, while focusing on the demand for accuracy, precision, and speed in the field of life science technology and chemistry.

Frequently asked questions about Waters

The business model of Waters Corp is focused on the development, manufacturing, and distribution of analytical instruments and software used in the life sciences, pharmaceutical, and chemical analysis industries. Waters Corp offers a wide range of products and solutions for high-performance liquid chromatography (HPLC), mass spectrometry (MS), and thermal analysis. With a commitment to technological advancements, Waters Corp aims to provide precise and reliable solutions to its customers, enabling them to improve productivity, enhance research outcomes, and ensure regulatory compliance. By leveraging their expertise in analytical science, Waters Corp continues to be a trusted name in the industry, catering to the evolving needs of scientists and researchers worldwide.

Waters Corp is primarily active in the scientific instruments and equipment industry. As a leading provider of innovative analytical solutions, Waters Corp serves a wide range of industries including pharmaceutical, biotechnology, chemical, environmental, food and beverage, and clinical research. With its advanced technology and expertise, the company is dedicated to assisting customers in improving their productivity and making scientific discoveries. Waters Corp’s commitment to excellence and precision has established its strong presence in various sectors, making it a trusted partner for analytical solutions across multiple industries.

The main competitors of Waters Corp in the market include Agilent Technologies, PerkinElmer, Thermo Fisher Scientific, and Shimadzu Corporation.

Waters Corp is a leading company in the analytical instruments industry. Established in 1958, Waters Corp has a rich history of providing innovative solutions for chemical analysis and separations science. The company has been instrumental in developing state-of-the-art technologies that cater to the ever-evolving needs of various industries including pharmaceutical, environmental, and food & beverage. With a strong commitment to research and development, Waters Corp has continuously introduced cutting-edge products and services that drive scientific advancements. Today, Waters Corp stands as a trusted and respected name in the field, serving customers worldwide with its reliable and accurate analytical instruments.

Waters Corp has achieved several significant milestones throughout its history. Established in 1958, the company revolutionized liquid chromatography with the development of the first high-performance liquid chromatography (HPLC) system in 1971. In the following years, Waters Corp continued to innovate and pioneered various advancements in chromatography technology, including the introduction of the Acquity UPLC system in 2004. The company has also expanded globally and established a strong presence in key markets, with offices and facilities in over 50 countries. Additionally, Waters Corp has received recognition and numerous awards for its contributions to analytical science and commitment to customer satisfaction.

Waters Corp, a leading company in the stock market, primarily operates in multiple countries and regions worldwide. With a global presence, the company has established its footprint in key markets such as the United States, Europe, Asia Pacific, and Latin America. Waters Corp's extensive distribution network allows them to serve customers in diverse industries and sectors across these regions. As a result, investors can benefit from the company's broad geographical reach, which provides opportunities for growth and market expansion.

Waters Corp represents values of innovation, reliability, and customer focus. With a strong commitment to providing high-quality analytical science solutions, Waters Corp is dedicated to solving complex challenges in various industries. Their corporate philosophy revolves around empowering scientists and researchers to make groundbreaking discoveries and advancements. By leveraging cutting-edge technology and a deep understanding of customer needs, Waters Corp strives to deliver exceptional products and services. The company's culture promotes collaboration, integrity, and continuous improvement, ensuring that they remain a trusted partner and industry leader in analytical sciences.

Analysts currently set an average price target of 420.64 USD for the Waters stock (median: 420.00 USD), implying -4.4 % versus the latest price. The consensus is based on 31 analyst ratings.

31 analysts currently rate the Waters stock: 20 recommend buying, 11 holding and 0 selling. For 2026, analysts expect Waters to generate revenue of 6.46 B USD and earnings per share of 14.56 USD.

Converted at the current exchange rate, the Waters share trades at 377.96 EUR (425.21 USD).

The Waters share (WAT) is listed on 7 stock exchanges, including: NYSE (WAT), London (0LTI.L), SIX (Zürich) (WAZ.SW), Frankfurt (WAZ.F), München (WAZ.MU), Düsseldorf (WAZ.DU).

The Waters Corporation is an American company specializing in providing analysis equipment and software for various industries, particularly the pharmaceutical and biotechnology industries. The company was founded in 1958 and is headquartered in Milford, Massachusetts. The company's business model includes various divisions such as Life Science, Clinical, Chemical Materials, Environmental, Food, Forensic, Petrochemical, and Pharmaceutical. Each of these areas has specific requirements for analysis, and Waters Corporation offers customized solutions in each division. The company offers a variety of products, including chromatography systems, mass spectrometers, software for data analysis, and metabolite determination. The company has thousands of employees worldwide and operates branches in North America, Europe, Asia, and the Middle East. In the Life Science division, Waters Corporation offers products for the pharmaceutical industry, including a wide range of devices for quality control and drug analysis. For bioanalysis, the company provides instrumental technologies for proteomics analysis, peptide mapping, glycan analysis, and metabolic pathways. The Clinical division focuses on clinical laboratories and offers advanced chromatography and spectrometer systems that enable rapid and accurate diagnosis. Similarly, the Petrochemical division provides a wide range of analysis equipment for the petrochemical industry to test oil and gas products. The Chemical Materials division specializes in the development of materials and offers various analysis systems to monitor the quality and performance of materials. The Environmental division is responsible for the analysis of environmental samples to assess contamination in food and water sources. The Food division specializes in quality control of food and offers analysis equipment to examine the composition, nutrient content, contaminants, and allergens in food. Forensics supports justice authorities in investigating crime scenes and analyzing evidence through instruments for chemical analysis. In summary, Waters Corporation's business is focused on providing customized solutions for specific requirements in various industries. The combination of instruments and software for data analysis allows the company to deliver innovative products and services, ensuring high customer satisfaction.

The expected revenue of Waters is 6.46 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Waters is 870.10 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Waters is currently 29.21. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Waters stock.

The price-to-sales ratio (P/S) of Waters is currently 3.94. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Waters stock.

The Eulerpool Quality Score for Waters is 4/10.

The ISIN of Waters is US9418481035. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Waters is 898123. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Waters is WAT. The ticker symbol is used to trade Waters shares on the stock exchange.

Fair ValueTerminal
446.47 USD
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Life Sciences Tools & Services
Number of shares
Employees
Revenue per Employee
400,669.11 USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website waters.com
Currency
USD
Initial public offering
Nov 17, 1995
ISIN
US9418481035
Cusip
941848103
Sedol
2937689
Market capitalization
25.39 B USDLarge Cap
52-Week Range
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
4.54
P/E ratio
P/Ee 2026
29.18
P/Ee 2027
25.77
P/Ee 2028
23.12
P/Ee 2029
20.91
P/Ee 2030
19.22
P/S
P/Se
3.94
EV/EBIT
28.68
P/B Ratio
9.91
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
16.19 %
Gross Margin
57.77 %
EBIT Margin
28.22 %
Net Margin
20.30 %
EPS (Earnings Per Share)
10.75 USD
Net Debt / EBIT
0.26
Debt/Equity
0.55
Last updated Oct 5, 2026, 10:56 PM

Waters Ticker

DÜSSELDORF · WAZ.DUFRANKFURT · WAZ.FLONDON · 0LTI.LLONDON STOCK EXCHANGE · 0LTI.LMUNICH · WAZ.MUNEW YORK · WATSIX · WAZ.SW

Waters FIGI

WAT:US · BBG000FQRVM3WAT:UA · BBG000FQRW41WAT:UC · BBG000FQRX03WAT:UN · BBG000FQRY65WAT:UP · BBG000FQRYN6WAT:UB · BBG000FQS0J4WAT:UT · BBG000FQS0Z6WAT:UM · BBG000FQS219WAT:UX · BBG000FQS3F2WAT:UD · BBG000FQS898WAT:UF · BBG000FQSB73WAT:VY · BBG000FQTDG8

All fundamentals and in-depth analysis of Waters

Our stock analysis for Waters stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Waters. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.