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Company Analysis

Waters Corporation WAT

A comprehensive view of key metrics, scores, and financial health for Waters Corporation

Overview of Waters Corporation

WAT NYQ
Healthcare Diagnostics & Research Framework: Medical Devices & Diagnostics Large Cap
Waters Corporation (WAT), is a Large Cap company, in the Diagnostics & Research industry, last closed at $355.53, about 83.6% overvalued vs fair value, +3.9% 1Y return, placing in the top 10% of its sector.
Metrics Rev Growth 7.0% ROE 29.3% Gross Margin 57.8%
USD 355.53
-1.17%
(Delayed)
• Vol 90d: 48.2%
52-Week Range
Market Cap
$35.66B
Enterprise Value
$36.48B
Overall Score
View breakdown
Overall
Growth
Good
Profitability
Excellent
Health
Fair
Efficiency
Fair
Valuation
Fair
Growth
Good
Profitability
Excellent
Health
Fair
Efficiency
Fair
Valuation
Fair
Completeness: 82%
Confidence: 89%
Updated: Mar 8
Top Beats
No strong beats yet

Quick Facts

Website https://www.waters.com
HQ Milford, MA
Employees 7,900
Fiscal year Dec 31

Next Events

Earnings Jul 29 Estimated

Fair Value Snapshot

Bear Base Bull
$52
$58
$65
Current: $355.53 -84% vs base

Engine Room Money Flow™

Large Cap

Medical Devices & Diagnostics - Where revenue goes and how value is created

Flow Steps
Total Revenue
$3.2B
7%%
Gross Profit
$1.8B
4%%
Operating Income (GAAP)
$893.2M
6.6%%
EBITDA
$1.0B
-2.4%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Medical Devices & Diagnostics

Quality & Reliability Indicators

Gross Margin
57.8%
Good

Gross Profit / Revenue — primary moat signal for MedTech. ≥65% indicates IP-protected consumables with strong pricing power.

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Where It Leaks

Cash Flow Health healthy
Strong cash conversion with minimal leakage across profit-to-cash-to-value chain.
1
Active Leaks
1/1
Improving
0
High Impact
0
Critical
Moat Analysis Medical Devices & Diagnostics

Competitive Advantage Assessment

Evaluating Waters Corporation's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
70
/100
Moderate
Scores based on quantitative metrics and qualitative factors

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Pricing Power & Consumable Moat

Moderate
71
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Generic Industrial / Default vs Industry Peers 97% Coverage
Trade-Off Triangle Visualization A ternary plot showing WAT's balance between Growth (21.7%), Profitability (45.9%), and Safety (32.4%). Growth 22% Safety 32% Profitability 46%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

41th percentile vs peers
42
Key Signals
Rev Growth YoY 7.0% 52p Revenue CAGR 3Y 2.1% 37p EPS Growth YoY -1.2% 32p EPS CAGR 3Y -1.4% 40p
Strengths
  • Interest Coverage Ratio in top 20% of peers (15.87, 86th percentile)
  • Superior capital returns - 3 return metrics above peer median
  • Operating Margin in top 20% of peers (28.2%, 95th percentile)
Risks

No significant risks identified for this axis.

Profitability

88th percentile vs peers
89
Key Signals
Strengths
Risks
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Safety

62th percentile vs peers
63
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Waters Corporation.

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$58.30
- - -
-83.6% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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