Waters Financials

WAZ Stock

EUR 317.10 3.00 0.96%

We strongly advise to harness Waters fundamental analysis to see if markets are presently undervaluing or overvaluing the firm. Specifically, this technique allows you to validate available financial indicators of Waters as well as the relationship between them. We were able to interpolate thirty-three available indicators for Waters, which can be compared to its rivals. The stock experiences a moderate upward volatility. Check odds of Waters to be traded at €348.81 in 90 days.

Covid

Interest Hikes

Waters Balance Sheet Chart

At this time, Waters' Short and Long Term Debt is most likely to decrease significantly in the upcoming years. The Waters' current Total Current Assets is estimated to increase to about 1.9 B, while Other Current Liabilities is projected to decrease to roughly 163.1 M.

Total Assets Other Current Liab Total Current Liabilities Other Liab

Key indicators impacting Waters' financial strength include:

Current Value

Last Year

Change From Last Year

10 Year Trend

Operating Income

789 M

963.6 M

Significantly Down

Slightly volatile

Understanding current and past Waters Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Waters' financial statements are interrelated, with each one affecting the others. For example, an increase in Waters' assets may result in an increase in income on the income statement.

Waters Stock Summary

Waters competes with AUREA SA, Superior Plus, Intel, Volkswagen, and Bitwise Core. Waters Corporation, a specialty measurement company, provides analytical workflow solutions in Asia, the Americas, and Europe. Waters Corporation was founded in 1958 and is headquartered in Milford, Massachusetts. Waters operates under Diagnostics Research classification in Germany and is traded on Frankfurt Stock Exchange. It employs 7000 people.

Specialization	Health Care, Pharmaceuticals, Biotechnology & Life Sciences
Instrument	Germany Stock View All
Exchange	Frankfurt Exchange
ISIN	US9418481035
Business Address	34 Maple Street,
Sector	Biotechnology
Industry	Health Care
Benchmark	Dow Jones Industrial
Website	www.waters.com
Phone	508 478 2000
Currency	EUR - Euro

You should never invest in Waters without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Waters Stock, because this is throwing your money away. Analyzing the key information contained in Waters' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Waters Key Financial Ratios

There are many critical financial ratios that Waters' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Waters reports annually and quarterly.

	Revenue	2.96 B
	Gross Profit	1.83 B
	EBITDA	1.07 B
	Net Income	637.83 M
	Total Asset	4.55 B

More Fundamentals

Waters Key Balance Sheet Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	3.1B	3.3B	4.6B	4.6B	4.1B	3.1B
Other Current Liab	454.6M	512.7M	168.7M	149.3M	171.6M	163.1M
Other Liab	534.3M	483.1M	468.0M	399.5M	459.4M	426.2M
Net Tangible Assets	(812.6M)	(470.9M)	(312.7M)	(153.2M)	(137.9M)	(131.0M)
Retained Earnings	7.8B	8.5B	9.2B	9.8B	11.3B	7.5B
Accounts Payable	96.8M	93.3M	84.7M	99.9M	114.9M	83.3M
Cash	501.2M	480.5M	395.1M	324.4M	292.0M	387.5M
Other Assets	133.0M	148.6M	153.1M	171.9M	197.7M	154.7M
Long Term Debt	1.5B	1.6B	2.3B	1.6B	1.9B	1.7B
Net Receivables	612.6M	722.9M	702.2M	733.4M	843.4M	642.6M
Good Will	437.9M	430.3M	1.3B	1.3B	1.5B	1.6B
Inventory	356.1M	455.7M	516.2M	477.3M	548.9M	376.5M
Other Current Assets	90.9M	103.9M	138.5M	133.1M	153.1M	98.9M
Total Liab	2.7B	2.8B	3.5B	2.7B	3.1B	2.9B
Total Current Assets	1.6B	1.8B	1.8B	1.7B	1.5B	1.9B
Intangible Assets	242.4M	227.4M	629.2M	567.9M	653.1M	329.6M
Common Stock	1.6M	1.6M	1.6M	1.6M	1.9M	1.8M
Net Debt	1.5B	1.6B	2.0B	1.3B	1.5B	1.4B
Net Invested Capital	1.5B	1.6B	3.5B	3.5B	3.1B	2.0B
Net Working Capital	948.4M	978.2M	963.3M	879.4M	791.4M	1.1B
Capital Stock	1.6M	1.6M	1.6M	1.6M	1.9M	1.8M

Waters Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.

	2021	2022	2023	2024	2025	2026 (projected)
Interest Expense	44.9M	37.8M	98.9M	89.7M	103.1M	108.3M
Total Revenue	2.8B	3.0B	3.0B	3.0B	3.4B	2.7B
Gross Profit	1.6B	1.7B	1.8B	1.8B	2.0B	1.6B
Operating Income	826.9M	883.2M	817.7M	837.9M	963.6M	789.0M
Ebit	716.8M	652.6M	826.7M	883.7M	1.0B	771.6M
Research Development	168.4M	176.2M	174.9M	183.0M	210.5M	161.9M
Cost Of Revenue	1.2B	1.2B	1.2B	1.2B	1.4B	1.1B
Income Before Tax	806.2M	837.8M	736.2M	754.9M	868.1M	738.0M
Net Income	692.8M	707.8M	642.2M	637.8M	733.5M	583.1M
Income Tax Expense	86.0M	89.3M	113.4M	130.1M	117.1M	119.0M
Tax Provision	113.4M	130.1M	94.0M	117.0M	105.3M	126.0M
Net Interest Income	(32.7M)	(37.8M)	(82.2M)	(72.3M)	(65.0M)	(61.8M)
Interest Income	12.2M	11.0M	16.6M	17.4M	15.7M	17.0M
Ebitda	832.2M	785.3M	970.6M	1.0B	1.2B	960.2M

Waters Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Waters. It measures of how well Waters is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Waters brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Waters had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Waters has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (capital allocation) and investing in non-business activities like paying off debt or making acquisitions.

	2021	2022	2023	2024	2025	2026 (projected)
Change To Inventory	(67.3M)	(101.9M)	(70.1M)	20.9M	18.8M	19.8M
Investments	(63.4M)	75.5M	(1.5B)	(53K)	(47.7K)	(50.1K)
Change In Cash	64.5M	(20.7M)	(107.2M)	(70.7M)	(63.6M)	(60.4M)
Net Borrowings	160M	60M	780M	(730M)	(657M)	(624.2M)
Depreciation	131.7M	130.4M	149.2M	191.8M	220.6M	132.9M
Capital Expenditures	161.3M	175.9M	181.2M	142.5M	163.9M	146.5M
Net Income	692.8M	707.8M	642.2M	637.8M	733.5M	583.1M
Change To Netincome	48.2M	41.1M	36.8M	20.6M	18.5M	17.6M
End Period Cash Flow	501.2M	480.5M	322.5M	324.4M	292.0M	386.3M
Free Cash Flow	579.0M	428.2M	390.2M	619.6M	557.7M	423.0M

Waters Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Waters's current stock value. Our valuation model uses many indicators to compare Waters value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Waters competition to find correlations between indicators driving Waters's intrinsic value. More Info.

Waters is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about 0.35 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Waters is roughly 2.86 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Waters' earnings, one of the primary drivers of an investment's value.

Waters Total Assets Over Time

Most indicators from Waters' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Waters current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waters. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more detail on how to invest in Waters Stock please use our How to Invest in Waters guide.The Waters' current Tax Provision is estimated to increase to about 126 M, while Selling General Administrative is projected to decrease to roughly 638.9 M.

	2023	2024	2025	2026 (projected)
Gross Profit	1.8B	1.8B	2.0B	1.6B
Total Revenue	3.0B	3.0B	3.4B	2.7B

Gross Profit Total Revenue

Waters fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Non Current Assets Total
Total Assets		-0.46	-0.1	0.82	-0.21	0.6	-0.06	0.08	0.2	-0.06	0.38	-0.06	0.11	0.59	0.03	0.22	-0.16	0.11	-0.41	0.02	0.67	0.1	0.28	-0.12	-0.22	0.14
Other Current Liab	-0.46		-0.01	-0.59	0.38	-0.24	-0.06	-0.13	0.39	-0.3	-0.19	-0.02	-0.58	-0.11	-0.17	-0.44	0.11	0.05	0.18	-0.16	-0.12	-0.27	-0.54	-0.25	0.12	-0.37
Total Current Liabilities	-0.1	-0.01		-0.39	0.37	-0.71	0.86	0.79	-0.58	0.83	0.55	0.81	0.71	-0.71	0.84	0.83	-0.3	0.7	0.85	-0.41	-0.68	-0.28	0.73	0.67	0.9	0.85
Total Stockholder Equity	0.82	-0.59	-0.39		-0.56	0.86	-0.4	-0.1	0.2	-0.14	-0.11	-0.41	-0.07	0.78	-0.32	-0.03	0.04	-0.4	-0.7	0.39	0.79	0.42	0.0	-0.2	-0.57	-0.17
Other Liab	-0.21	0.38	0.37	-0.56		-0.64	0.59	0.27	0.25	-0.06	0.4	0.65	0.3	-0.54	0.47	0.18	-0.2	0.7	0.44	-0.8	-0.42	-0.86	0.29	0.44	0.56	0.38
Net Tangible Assets	0.6	-0.24	-0.71	0.86	-0.64		-0.77	-0.48	0.43	-0.49	-0.36	-0.75	-0.51	0.96	-0.7	-0.48	0.24	-0.64	-0.91	0.59	0.94	0.54	-0.47	-0.51	-0.86	-0.62
Retained Earnings	-0.06	-0.06	0.86	-0.4	0.59	-0.77		0.85	-0.36	0.71	0.64	0.99	0.77	-0.8	0.97	0.84	-0.52	0.8	0.82	-0.78	-0.71	-0.64	0.82	0.75	0.96	0.93
Accounts Payable	0.08	-0.13	0.79	-0.1	0.27	-0.48	0.85		-0.3	0.8	0.43	0.81	0.7	-0.58	0.83	0.85	-0.41	0.53	0.63	-0.58	-0.5	-0.37	0.7	0.7	0.81	0.82
Cash	0.2	0.39	-0.58	0.2	0.25	0.43	-0.36	-0.3		-0.72	-0.23	-0.28	-0.49	0.42	-0.4	-0.54	0.06	-0.19	-0.59	-0.23	0.53	-0.37	-0.48	-0.35	-0.43	-0.51
Other Assets	-0.06	-0.3	0.83	-0.14	-0.06	-0.49	0.71	0.8	-0.72		0.34	0.65	0.67	-0.6	0.77	0.9	-0.17	0.37	0.72	-0.17	-0.62	0.05	0.73	0.59	0.73	0.8
Long Term Debt	0.38	-0.19	0.55	-0.11	0.4	-0.36	0.64	0.43	-0.23	0.34		0.65	0.64	-0.29	0.69	0.6	-0.61	0.91	0.41	-0.55	-0.17	-0.44	0.65	0.48	0.58	0.66
Net Receivables	-0.06	-0.02	0.81	-0.41	0.65	-0.75	0.99	0.81	-0.28	0.65	0.65		0.75	-0.77	0.96	0.8	-0.54	0.82	0.77	-0.83	-0.67	-0.7	0.77	0.77	0.93	0.88
Good Will	0.11	-0.58	0.71	-0.07	0.3	-0.51	0.77	0.7	-0.49	0.67	0.64	0.75		-0.59	0.8	0.84	-0.48	0.65	0.5	-0.49	-0.49	-0.36	0.86	0.79	0.66	0.88
Short Term Investments	0.59	-0.11	-0.71	0.78	-0.54	0.96	-0.8	-0.58	0.42	-0.6	-0.29	-0.77	-0.59		-0.75	-0.58	0.23	-0.55	-0.88	0.59	0.97	0.52	-0.54	-0.55	-0.86	-0.68
Inventory	0.03	-0.17	0.84	-0.32	0.47	-0.7	0.97	0.83	-0.4	0.77	0.69	0.96	0.8	-0.75		0.91	-0.48	0.79	0.79	-0.72	-0.66	-0.53	0.86	0.7	0.92	0.95
Other Current Assets	0.22	-0.44	0.83	-0.03	0.18	-0.48	0.84	0.85	-0.54	0.9	0.6	0.8	0.84	-0.58	0.91		-0.32	0.61	0.67	-0.44	-0.52	-0.22	0.94	0.66	0.79	0.96
Other Stockholder Equity	-0.16	0.11	-0.3	0.04	-0.2	0.24	-0.52	-0.41	0.06	-0.17	-0.61	-0.54	-0.48	0.23	-0.48	-0.32		-0.52	-0.19	0.57	0.12	0.56	-0.34	-0.5	-0.4	-0.42
Total Liab	0.11	0.05	0.7	-0.4	0.7	-0.64	0.8	0.53	-0.19	0.37	0.91	0.82	0.65	-0.55	0.79	0.61	-0.52		0.62	-0.73	-0.42	-0.65	0.65	0.6	0.77	0.72
Long Term Investments	-0.41	0.18	0.85	-0.7	0.44	-0.91	0.82	0.63	-0.59	0.72	0.41	0.77	0.5	-0.88	0.79	0.67	-0.19	0.62		-0.47	-0.9	-0.34	0.6	0.5	0.93	0.74
Short Long Term Debt	0.02	-0.16	-0.41	0.39	-0.8	0.59	-0.78	-0.58	-0.23	-0.17	-0.55	-0.83	-0.49	0.59	-0.72	-0.44	0.57	-0.73	-0.47		0.43	0.94	-0.49	-0.52	-0.69	-0.59
Total Current Assets	0.67	-0.12	-0.68	0.79	-0.42	0.94	-0.71	-0.5	0.53	-0.62	-0.17	-0.67	-0.49	0.97	-0.66	-0.52	0.12	-0.42	-0.9	0.43		0.36	-0.49	-0.48	-0.81	-0.62
Short Term Debt	0.1	-0.27	-0.28	0.42	-0.86	0.54	-0.64	-0.37	-0.37	0.05	-0.44	-0.7	-0.36	0.52	-0.53	-0.22	0.56	-0.65	-0.34	0.94	0.36		-0.33	-0.46	-0.55	-0.42
Intangible Assets	0.28	-0.54	0.73	0.0	0.29	-0.47	0.82	0.7	-0.48	0.73	0.65	0.77	0.86	-0.54	0.86	0.94	-0.34	0.65	0.6	-0.49	-0.49	-0.33		0.64	0.72	0.97
Common Stock	-0.12	-0.25	0.67	-0.2	0.44	-0.51	0.75	0.7	-0.35	0.59	0.48	0.77	0.79	-0.55	0.7	0.66	-0.5	0.6	0.5	-0.52	-0.48	-0.46	0.64		0.65	0.72
Property Plant Equipment	-0.22	0.12	0.9	-0.57	0.56	-0.86	0.96	0.81	-0.43	0.73	0.58	0.93	0.66	-0.86	0.92	0.79	-0.4	0.77	0.93	-0.69	-0.81	-0.55	0.72	0.65		0.86
Non Current Assets Total	0.14	-0.37	0.85	-0.17	0.38	-0.62	0.93	0.82	-0.51	0.8	0.66	0.88	0.88	-0.68	0.95	0.96	-0.42	0.72	0.74	-0.59	-0.62	-0.42	0.97	0.72	0.86

Click cells to compare fundamentals

Waters Account Relationship Matchups

Waters fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	3.1B	3.3B	4.6B	4.6B	4.1B	3.1B
Other Current Liab	454.6M	512.7M	168.7M	149.3M	171.6M	163.1M
Other Liab	534.3M	483.1M	468.0M	399.5M	459.4M	426.2M
Net Tangible Assets	(812.6M)	(470.9M)	(312.7M)	(153.2M)	(137.9M)	(131.0M)
Retained Earnings	7.8B	8.5B	9.2B	9.8B	11.3B	7.5B
Accounts Payable	96.8M	93.3M	84.7M	99.9M	114.9M	83.3M
Cash	501.2M	480.5M	395.1M	324.4M	292.0M	387.5M
Other Assets	133.0M	148.6M	153.1M	171.9M	197.7M	154.7M
Long Term Debt	1.5B	1.6B	2.3B	1.6B	1.9B	1.7B
Net Receivables	612.6M	722.9M	702.2M	733.4M	843.4M	642.6M
Good Will	437.9M	430.3M	1.3B	1.3B	1.5B	1.6B
Inventory	356.1M	455.7M	516.2M	477.3M	548.9M	376.5M
Other Current Assets	90.9M	103.9M	138.5M	133.1M	153.1M	98.9M
Total Liab	2.7B	2.8B	3.5B	2.7B	3.1B	2.9B
Total Current Assets	1.6B	1.8B	1.8B	1.7B	1.5B	1.9B
Intangible Assets	242.4M	227.4M	629.2M	567.9M	653.1M	329.6M
Common Stock	1.6M	1.6M	1.6M	1.6M	1.9M	1.8M
Net Debt	1.5B	1.6B	2.0B	1.3B	1.5B	1.4B
Net Invested Capital	1.5B	1.6B	3.5B	3.5B	3.1B	2.0B
Net Working Capital	948.4M	978.2M	963.3M	879.4M	791.4M	1.1B
Capital Stock	1.6M	1.6M	1.6M	1.6M	1.9M	1.8M

Waters February 5, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Waters help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Waters. We use our internally-developed statistical techniques to arrive at the intrinsic value of Waters based on widely used predictive technical indicators. In general, we focus on analyzing Waters Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Waters's daily price indicators and compare them against related drivers.

	Downside Deviation	1.56
	Information Ratio	0.0307
	Maximum Drawdown	13.11
	Value At Risk	(2.93)
	Potential Upside	3.04

Complementary Tools for Waters Stock analysis

When running Waters' price analysis, check to measure Waters' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Waters is operating at the current time. Most of Waters' value examination focuses on studying past and present price action to predict the probability of Waters' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waters' price. Additionally, you may evaluate how the addition of Waters to your portfolios can decrease your overall portfolio volatility.

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