WAT
Waters Corporation
NYSE: WAT · HEALTHCARE · DIAGNOSTICS & RESEARCH
$309.23
+5.85% today
Updated 2026-04-30
Market cap
$28.68B
P/E ratio
27.12
P/S ratio
9.06x
EPS (TTM)
$10.77
Dividend yield
—
52W range
$275 – $414
Volume
1.1M
Waters Corporation (WAT) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $263.59M | $370.51M | $418.25M | $418.26M | $457.86M | $497.37M | $449.28M | $484.88M | $511.65M | $560.29M | $629.08M | $697.64M | $604.45M | $643.09M | $790.51M | $747.27M | $611.66M | $602.81M | $762.12M | $652.55M |
| Capital expenditures | $51.42M | $60.34M | $69.06M | $93.80M | $62.74M | $85.44M | $104.75M | $118.45M | $106.25M | $103.01M | $94.97M | $90.47M | $127.56M | $163.82M | $172.38M | $168.27M | $183.46M | $160.63M | $142.48M | $112.75M |
| Depreciation | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based comp | $28.81M | $28.86M | $30.78M | $28.25M | $24.85M | $27.58M | $29.18M | $31.71M | $33.00M | $33.37M | $41.00M | $39.44M | $37.54M | $38.58M | $36.87M | $29.92M | $42.56M | $36.87M | $44.71M | $54.13M |
| Free cash flow | $212.17M | $310.17M | $349.18M | $324.47M | $395.12M | $411.94M | $344.53M | $366.43M | $405.40M | $457.28M | $534.11M | $607.17M | $476.88M | $479.26M | $618.12M | $579.01M | $428.20M | $442.18M | $619.64M | $539.81M |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | $77.55M | $12.19M | — | $184.31M | $315.64M | $598.53M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | $53.72M | $66.03M | $55.64M | $42.80M | $1.56B | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | — | — | $-87.41M | $-32.61M | $75.49M | $97.05M | — | $-18.62M | $65.49M | $17.97M | $136.69M | $168.23M | $-460.79M | $85.91M | $77.37M | — | — | — | — |