Waters Net Income

WAT Stock  USD 376.89  7.44  1.94%   
As of the 5th of February, Waters maintains the Market Risk Adjusted Performance of 0.1725, downside deviation of 1.09, and Mean Deviation of 1.15. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Waters, as well as the relationship between them.

Waters Total Revenue

1.79 Billion

Analyzing historical trends in various income statement and balance sheet accounts from Waters' financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Waters' valuation are summarized below:
Gross Profit
1.8 B
Profit Margin
0.2089
Market Capitalization
22.9 B
Enterprise Value Revenue
7.5967
Revenue
3.1 B
There are currently one hundred twenty fundamental gauges for Waters that can be evaluated and compared over time across peers. All traders should confirm Waters' prevalent fundamentals against the performance from 2010 to 2026 and make sure the trends continue to evolve in the right direction. Market Cap is likely to drop to about 5.9 B in 2026. Enterprise Value is likely to drop to about 6.2 B in 2026 This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income733.5 M770.2 M
Net Income Applicable To Common Shares733.5 M427.4 M
Net Income From Continuing Ops733.5 M545.7 M
Net Income Per Share 9.68  10.16 
Net Income Per E B T 0.76  0.54 
At this time, Waters' Net Income is comparatively stable compared to the past year. Net Income Per Share is likely to gain to 10.16 in 2026, whereas Net Income Applicable To Common Shares is likely to drop slightly above 427.4 M in 2026.
  
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The evolution of Net Income for Waters provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Waters compares to historical norms and industry peers.

Latest Waters' Net Income Growth Pattern

Below is the plot of the Net Income of Waters over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Waters financial statement analysis. It represents the amount of money remaining after all of Waters operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Waters' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Waters' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 637.83 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Waters Net Income Regression Statistics

Arithmetic Mean510,636,686
Geometric Mean334,035,114
Coefficient Of Variation42.56
Mean Deviation153,771,623
Median521,571,000
Standard Deviation217,316,920
Sample Variance47226.6T
Range768.2M
R-Value0.72
Mean Square Error24365.1T
R-Squared0.52
Significance0
Slope30,923,280
Total Sum of Squares755626.3T

Waters Net Income History

2026770.2 M
2025733.5 M
2024637.8 M
2023642.2 M
2022707.8 M
2021692.8 M
2020521.6 M

Other Fundumenentals of Waters

Waters Net Income component correlations

Waters Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Waters is extremely important. It helps to project a fair market value of Waters Stock properly, considering its historical fundamentals such as Net Income. Since Waters' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Waters' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Waters' interrelated accounts and indicators.
Is there potential for Life Sciences Tools & Services market expansion? Will Waters introduce new products? Factors like these will boost the valuation of Waters. Anticipated expansion of Waters directly elevates investor willingness to pay premium valuations. Understanding fair value requires weighing current performance against future potential. All the valuation information about Waters listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Earnings Share
10.88
Revenue Per Share
52.222
Quarterly Revenue Growth
0.08
Return On Assets
0.1153
The market value of Waters is measured differently than its book value, which is the value of Waters that is recorded on the company's balance sheet. Investors also form their own opinion of Waters' value that differs from its market value or its book value, called intrinsic value, which is Waters' true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because Waters' market value can be influenced by many factors that don't directly affect Waters' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Waters' value and its price as these two are different measures arrived at by different means. Investors typically determine if Waters is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Waters' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.

Waters 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Waters' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Waters.
0.00
11/07/2025
No Change 0.00  0.0 
In 3 months and 1 day
02/05/2026
0.00
If you would invest  0.00  in Waters on November 7, 2025 and sell it all today you would earn a total of 0.00 from holding Waters or generate 0.0% return on investment in Waters over 90 days. Waters is related to or competes with Quest Diagnostics, Illumina, West Pharmaceutical, Medpace Holdings, Laboratory, Zimmer Biomet, and Mettler Toledo. Waters Corporation, a specialty measurement company, provides analytical workflow solutions in Asia, the Americas, and E... More

Waters Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Waters' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Waters upside and downside potential and time the market with a certain degree of confidence.

Waters Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Waters' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Waters' standard deviation. In reality, there are many statistical measures that can use Waters historical prices to predict the future Waters' volatility.
Hype
Prediction
LowEstimatedHigh
383.11384.54385.97
Details
Intrinsic
Valuation
LowRealHigh
345.90433.35434.78
Details
Naive
Forecast
LowNextHigh
367.92369.35370.78
Details
22 Analysts
Consensus
LowTargetHigh
379.10416.59462.41
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Waters. Your research has to be compared to or analyzed against Waters' peers to derive any actionable benefits. When done correctly, Waters' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Waters.

Waters February 5, 2026 Technical Indicators

Waters Backtested Returns

Currently, Waters is very steady. Waters shows Sharpe Ratio of 0.0459, which attests that the company had a 0.0459 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Waters, which you can use to evaluate the volatility of the company. Please check out Waters' Mean Deviation of 1.15, downside deviation of 1.09, and Market Risk Adjusted Performance of 0.1725 to validate if the risk estimate we provide is consistent with the expected return of 0.0657%. Waters has a performance score of 3 on a scale of 0 to 100. The firm maintains a market beta of 1.08, which attests to a somewhat significant risk relative to the market. Waters returns are very sensitive to returns on the market. As the market goes up or down, Waters is expected to follow. Waters right now maintains a risk of 1.43%. Please check out Waters sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to decide if Waters will be following its historical returns.

Auto-correlation

    
  0.57  

Modest predictability

Waters has modest predictability. Overlapping area represents the amount of predictability between Waters time series from 7th of November 2025 to 22nd of December 2025 and 22nd of December 2025 to 5th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Waters price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Waters price fluctuation can be explain by its past prices.
Correlation Coefficient0.57
Spearman Rank Test-0.2
Residual Average0.0
Price Variance59.7
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Waters Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(132.77 Million)

At this time, Waters' Accumulated Other Comprehensive Income is comparatively stable compared to the past year.
Based on the recorded statements, Waters reported net income of 637.83 M. This is 86.89% higher than that of the Life Sciences Tools & Services sector and 268.45% higher than that of the Health Care industry. The net income for all United States stocks is 11.71% lower than that of the firm.

Waters Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Waters' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Waters could also be used in its relative valuation, which is a method of valuing Waters by comparing valuation metrics of similar companies.
Waters is currently under evaluation in net income category among its peers.

Waters ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Waters' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Waters' managers, analysts, and investors.
Environmental
Governance
Social

Waters Institutional Holders

Institutional Holdings refers to the ownership stake in Waters that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Waters' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Waters' value.
Shares
Morgan Stanley - Brokerage Accounts2025-06-30
836.4 K
Principal Financial Group Inc2025-06-30
822.8 K
Ako Capital Llp2025-06-30
787.3 K
Norges Bank2025-06-30
763.2 K
Northern Trust Corp2025-06-30
713.8 K
Guardcap Asset Management Limited2025-06-30
688 K
Ubs Asset Mgmt Americas Inc2025-06-30
603.5 K
London Company Of Virginia2025-06-30
580.4 K
Findlay Park Partners Llp2025-06-30
561 K
Vanguard Group Inc2025-06-30
7.4 M
Blackrock Inc2025-06-30
6.6 M

Waters Fundamentals

About Waters Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Waters's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Waters using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Waters based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional 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.