Waters Corporation
WAT
Rank in Stocks
#570
Waters Corporation is a global leader in specialized measurement, delivering... 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.
Share Price
$434.80
Last synced: 2026-10-19
Market Cap
$42.69B
Change (1 day)
-0.49%
Change (1 year)
26.70%
Country
US
Trade Waters Corporation (WAT)
Category
Healthcare
P/E ratio for Waters Corporation (WAT)
P/E ratio as of October 2026 TTM: 108.68
According to Waters Corporation latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 108.68. At the end of 2024 the company had a P/E ratio of 34.51.
P/E ratio history for Waters Corporation from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 108.68 | 209.03% |
| 2025 | 35.17 | 1.92% |
| 2024 | 34.51 | 13.95% |
| 2023 | 30.28 | 4.30% |
| 2022 | 29.04 | -12.32% |
| 2021 | 33.11 | 12.42% |
| 2020 | 29.46 | 10.40% |
| 2019 | 26.68 | 9.08% |
| 2018 | 24.46 | -96.78% |
| 2017 | 758.96 | 3,545.63% |
| 2016 | 20.82 | -11.88% |
| 2015 | 23.62 | 7.23% |
| 2014 | 22.03 | 16.05% |
| 2013 | 18.98 | 14.47% |
| 2012 | 16.58 | 6.75% |
| 2011 | 15.54 | -17.39% |
| 2010 | 18.81 | 2.43% |
| 2009 | 18.36 | 62.84% |
| 2008 | 11.27 | -61.97% |
| 2007 | 29.64 | 30.98% |
| 2006 | 22.63 | 6.06% |
| 2005 | 21.34 | -14.59% |
| 2004 | 24.99 | 4.52% |
| 2003 | 23.90 | 24.24% |
| 2002 | 19.24 | -56.44% |
| 2001 | 44.17 | -39.73% |
| 2000 | 73.29 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 36.15 | -66.73% |
US
|
|
| 39.77 | -63.40% |
US
|
|
| -290.26 | -367.07% |
US
|
|
| - | - |
CN
|
|
| 34.18 | -68.55% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.