Waters Corporation

Waters Corporation's next confirmed earnings release is scheduled for November 3, 2026.

As of June 30, 2026, Waters Corporation has 98.23M shares outstanding.

As of June 30, 2026, Waters Corporation maintains a current ratio of 1.86, meaning it holds 1.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 35.89, indicating elevated leverage, while an interest coverage ratio of 6.33 demonstrates adequate ability to service its debt obligations.

Over the twelve months ended June 30, 2026, Waters Corporation posted a return on equity (ROE) of 1.91, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 2.19 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 1.13, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 2.35, useful for judging operating efficiency across full business cycles. The company generates approximately 519,503.02 in revenue per employee across its workforce of 7,825.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 2.38 indicates how many times Waters Corporation sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2026, Waters Corporation recorded 34.28M in income tax expense. That works out to an effective tax rate of 19.08, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 179.70M, leaving 145.42M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Over the twelve months ended June 30, 2026, Waters Corporation generated 4.07B in revenue and converted that into 145.42M in net income, yielding earnings per share of 1.94. EBITDA reached 825.29M, while operating income came in at 331.41M.

As of June 30, 2026, Waters Corporation holds 471.79M in cash and equivalents against 4.77B in total debt, resulting in a net debt position of 3.98B. Total book value stands at 13.30B, with working capital of 1.81B providing operational flexibility.

Waters Corporation produced 481.03M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -131.95M in capital expenditures, free cash flow totaled 349.08M - equivalent to 4.66 per share.

Over the twelve months ended June 30, 2026, Waters Corporation posted a gross margin of 50.89, reflecting its pricing power and cost economics. The operating margin of 8.15 and net profit margin of 3.58 provide insight into operational efficiency.

Waters Corporation's most recent stock split took place on August 28, 2000 with a 1:2 split ratio.