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Waters Corporation

TickerWATVenueUSSectorHealthcarePrimary listingBeta1.19
$435.4-0.36%
FinScore51

Waters Corporation is a United States-based company in the Healthcare sector with a market capitalisation of $42.9B. Its FinScore is 51/100; its highest-scoring layer is Momentum (87) and its lowest is Value (15). The shares trade at 258.2x trailing earnings and are up 14% year to date.

Market cap
$42.9B
P/E (TTM)
258.2x
ROE
1.9%

Share price performance

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About Waters Corporation

www.waters.com

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.

Profile
Sector
Healthcare
Industry
Medical - Diagnostics & Research
HQ
United States
Fiscal year-end
December
Trading currency
USD
Reporting currency
USD
Fundamentals updated
75 days ago
Market
Market cap
$42.9B
Shares outstanding
98.2M
P/E (TTM)
258.2x
Beta (issuer)
1.15
Revenue (latest FY)
$3.2B

Revenue breakdown

FY 2025$3.2B
  • Waters Instrument Systems
    34.8%$1.1B
  • Waters Service
    34.1%$1.1B
  • Chemistry Consumables
    19.9%$631.5M
  • Ta Instrument Systems
    7.7%$243.8M
  • Ta Service
    3.4%$108.0M

FinScore

As of 2026-10-19
Overall51
Quality67
Growth46
Value15
Momentum87
Relative Strength46

Snapshot

Ownership

As of 2026-06-30
Institutional
100.0%
Insider
0.1%
Free float
99.9%
Top-5 institutional holders
34.9%
Shares outstanding
98.2M
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