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WAT

347.37USD+0.44(+0.13%)Delayed

Waters Corp

Market Summary

USD347.37+0.44Delayed
0.13%

WAT Alerts

WAT Stock Price

RSI Chart

Valuation

Market Cap

18.1B

Price/Earnings

25.81

Price/Sales

6.25

Price/Cashflow

28.29

MarketCap/EBT

22.27

Price/Sales

Profitability

EBT Margin

28.06%

Return on Equity

179.06%

Return on Assets

23.09%

Fundamentals

Revenue

Revenue (TTM)

2.9B

Revenue Y/Y

4.79%

Revenue Q/Q

3.44%

Earnings

Earnings (TTM)

702.1M

Earnings Y/Y

-1.45%

Earnings Q/Q

3.15%

Price Action

52 Week Range

375.24
(Low)(High)

Last 7 days

2.8%

Last 30 days

17.5%

Last 90 days

16.4%

Trailing 12 Months

4%

Financial Health

Current Ratio

2.1

Debt/Equity

3.88

Debt/Cashflow

0.42

Investor Care

Buy Backs (1Y)

2.42%

Diluted EPS (TTM)

11.46

Peers (Alternatives to Waters)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
41.1B
6.7B
15.08% 3.58%
30.93
6.17
8.42% 34.14%
36.7B
4.7B
3.69% -38.80%
-1.9K
7.81
9.79% -558.28%
28.5B
3.9B
19.96% -3.97%
34.68
7.36
7.75% 11.02%
18.1B
2.9B
17.46% 4.00%
25.81
6.25
8.61% 6.30%
17.2B
4.6B
7.00% -22.62%
25.45
3.42
-9.73% -44.26%
MID-CAP
SMALL-CAP
2.0B
137.0M
31.93% -50.56%
-9.53
14.05
12.61% -709.53%
1.1B
159.7M
14.14% -65.84%
-4.68
6.81
19.67% -35.56%
661.5M
23.3M
-6.28% -43.67%
-6.25
28.36
76.56% -106.44%
488.2M
135.3M
-22.87% -81.30%
-3.51
3.42
-2.59% -32.75%
413.2M
110.0M
30.54% -66.08%
-5.25
3.72
3.37% -106.72%
372.0M
132.7M
-1.39% -83.46%
-19.64
2.76
31.03% -107.73%
122.6M
69.0M
6.30% -78.45%
-1.31
1.6
-18.80% -75.52%
109.5M
118.0M
6.72% -56.67%
-29.97
0.91
0.97% -269.58%
95.7M
51.6M
-0.71% -16.37%
238.75
1.86
20.72% 150.31%

Financials for Waters

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue1.1%2,9012,8682,7862,7362,671
  S&GA Expenses0.6%645641627607590
  R&D Expenses-0.6%170171168165158
Earnings Before Taxes-0.6%814819806811779
Net Income-0.3%702705693695660
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets0.0%3,0413,0413,0953,1163,104
  Current Assets-1.3%1,5641,5851,6291,6581,639
    Cash Equivalents-12.7%419480501525460
  Inventory7.3%410382356389349
  Net PPE-0.3%546547548530527
  Goodwill-1.8%428436438437440
Liabilities-0.7%2,6482,6662,7272,8212,835
  Current Liabilities8.5%747688681672681
  Long Term Debt-1,520----
    LT Debt, Non Current-0.7%1,4341,4441,5141,6141,603
Shareholder's Equity4.6%392375368295268
  Retained Earnings2.1%8,1267,9617,8017,5857,423
  Additional Paid-In Capital1.3%2,1662,1382,1152,1062,090
Accumulated Depreciation-674----
Shares Outstanding-0.6%6060616161
Float-21,856----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations-11.9%641727747797802
  Share Based Compensation7.7%3533303134
Cashflow From Investing178.4%42-53.63-231.63-285.96-352.86
Cashflow From Financing18.0%-700.26-854.46-438.27-356.44-329.33
  Buy Backs-2.5%629646649493342

Risks

What is the probability of a big loss on WAT?

55%


Probability that Waters stock will be more than 20% underwater in next one year

8.5%


Probability that Waters stock will be more than 30% underwater in next one year.

0%


Probability that Waters stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does WAT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Waters was unfortunately bought at previous high price.

Returns

Cumulative Returns on WAT

15.2%


10-Year Cumulative Returns

15.0%


7-Year Cumulative Returns

11.9%


5-Year Cumulative Returns

16.2%


3-Year Cumulative Returns

What are the long-term rolling returns for WAT?

FIve years rolling returns for Waters.

Which funds bought or sold WAT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
ADDED
12.71
-57,000
643,000
0.03%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
-655
1,000
-%
2022-11-22
National Asset Management, Inc.
SOLD OFF
-100
-264,000
-
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,553,000
1,553,000
0.02%
2022-11-22
CVA Family Office, LLC
-
-
-1,000
7,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-6,567,000
26,796,000
0.04%
2022-11-21
FourThought Financial, LLC
-
-
-27,000
121,000
0.02%
2022-11-18
RIVER & MERCANTILE ASSET MANAGEMENT LLP
REDUCED
-1.41
-3,568,000
14,578,000
2.80%
2022-11-18
Industrial Alliance Investment Management Inc.
UNCHANGED
-
-645,000
2,830,000
0.08%
2022-11-18
National Pension Service
REDUCED
-3.16
-6,725,000
27,465,000
0.06%

1–10 of 45

Latest Funds Activity

Are funds buying WAT calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own WAT

Waters News

MarketWatch

Waters Corp. stock outperforms market on strong trading day.42 hours ago

WAT Fair Value

Recent SEC filings of Waters

View All Filings
Date Filed Form Type Document
Nov 28, 2022
4
Insider Trading
Nov 28, 2022
4
Insider Trading
Nov 23, 2022
3
Insider Trading
Nov 23, 2022
3
Insider Trading
Nov 23, 2022
8-K
Current Report
Nov 03, 2022
10-Q
Quarterly Report
Nov 01, 2022
8-K
Current Report
Oct 11, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading

Latest Insider Trading transactions for WAT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-30
CONARD EDWARD
ACQUIRED
1,341,660
335.415
4,000
-
2022-11-30
CONARD EDWARD
SOLD
-354,447
334.7
-1,059
-
2022-11-23
Brennan Daniel J.
ACQUIRED
-
-
54
-
2022-11-23
VERGNANO MARK P
ACQUIRED
-
-
54
-
2022-10-10
Pratt Jonathan M
SOLD FOR TAXES
-
-
-58
SVP Waters Division
2022-09-01
Batra Udit
SOLD (Taxes)
-523,510
300.35
-1,743
President and CEO
2022-05-19
KUEBLER CHRISTOPHER A
SOLD
-1,315,120
328.78
-4,000
-
2022-05-19
KUEBLER CHRISTOPHER A
ACQUIRED
354,840
88.71
4,000
-
2022-05-12
Chaubal Amol
SOLD (Taxes)
-45,522.8
313.95
-145
SVP & Chief Financial Officer
2022-05-05
Hendrickson Gary E
SOLD
-2,001,600
335.726
-5,962
-

1–10 of 50

Udit Batra
7800
Waters Corporation, a specialty measurement company, provides analytical workflow solutions in Asia, the Americas, and Europe. It operates through two segments, Waters and TA. The company designs, manufactures, sells, and services high and ultra-performance liquid chromatography, as well as mass spectrometry (MS) technology systems and support products, including chromatography columns, other consumable products, and post-warranty service plans. It also designs, manufactures, sells, and services thermal analysis, rheometry, and calorimetry instruments; and develops and supplies software-based products that interface with its instruments, as well as other manufacturers' instruments. Its MS technology instruments are used in drug discovery and development comprising clinical trial testing, the analysis of proteins in disease processes, nutritional safety analysis, and environmental testing. The company offers thermal analysis, rheometry, and calorimetry instruments for use in predicting the suitability and stability of fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids for various industrial, consumer good, and healthcare products, as well as for life science research. Its products are used by life science, pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental customers working in research and development, quality assurance, and other laboratory applications. Waters Corporation was founded in 1958 and is headquartered in Milford, Massachusetts.

WAT Income Statement

2022-10-01
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Oct. 01, 2022
Oct. 02, 2021
Oct. 01, 2022
Oct. 02, 2021
Revenues:    
Total net sales$ 708,555$ 659,233$ 2,113,446$ 1,949,425
Costs and operating expenses:    
Selling and administrative expenses164,417152,545483,769453,954
Research and development expenses43,43541,986127,913125,027
Purchased intangibles amortization1,5921,7594,8635,408
Acquired in-process research and development  9,7970
Total costs and operating expenses516,545467,4181,526,3341,389,918
Operating income192,010191,815587,112559,507
Other income (expense), net895(607)2,60018,073
Interest expense(12,420)(11,081)(34,898)(34,054)
Interest income2,8962,5487,53610,347
Income before income taxes183,381182,675562,350553,873
Provision for income taxes27,38321,49081,65777,269
Net income$ 155,998$ 161,185$ 480,693$ 476,604
Net income per basic common share$ 2.61$ 2.63$ 7.98$ 7.72
Weighted-average number of basic common shares59,80161,35960,20061,771
Net income per diluted common share$ 2.6$ 2.6$ 7.94$ 7.66
Weighted-average number of diluted common shares and equivalents60,08161,88860,52162,244
Product [Member]    
Revenues:    
Total net sales$ 464,923$ 419,133$ 1,385,393$ 1,242,110
Costs and operating expenses:    
Costs and operating expenses199,918171,364593,884506,985
Service [Member]    
Revenues:    
Total net sales243,632240,100728,053707,315
Costs and operating expenses:    
Costs and operating expenses$ 107,183$ 99,764$ 306,108$ 298,544

WAT Balance Sheet

2022-10-01
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 01, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 443,637$ 501,234
Investments87668,051
Accounts receivable, net600,924612,648
Inventories442,236356,095
Other current assets87,91290,914
Total current assets1,575,5851,628,942
Property, plant and equipment, net547,386547,913
Intangible assets, net213,429242,401
Goodwill420,257437,865
Operating lease assets86,28584,734
Other assets227,111153,077
Total assets3,070,0533,094,932
Current liabilities:  
Notes payable and debt50,0000
Accounts payable96,56796,799
Accrued employee compensation64,554101,192
Deferred revenue and customer advances248,884227,561
Current operating lease liabilities24,23127,906
Accrued income taxes116,81961,278
Accrued warranty10,66110,718
Other current liabilities120,254155,054
Total current liabilities731,970680,508
Long-term liabilities:  
Long-term debt1,494,6261,513,870
Long-term portion of retirement benefits48,79864,027
Long-term income tax liabilities248,111319,547
Long-term operating lease liabilities61,47059,623
Other long-term liabilities99,84289,803
Total long-term liabilities1,952,8472,046,870
Total liabilities2,684,8172,727,378
Commitments and contingencies (Notes 6, 7, 8 and 12)
Stockholders' equity:  
Preferred stock, par value $0.01 per share, 5,000 shares authorized, none issued at October 1, 2022 and December 31, 202100
Common stock, par value $0.01 per share, 400,000 shares authorized, 162,379 and 162,084 shares issued, 59,534 and 60,728 shares outstanding at October 1, 2022 and December 31, 2021, respectively1,6241,621
Additional paid-in capital2,181,5582,114,880
Retained earnings8,281,5257,800,832
Treasury stock, at cost, 102,845 and 101,356 shares at October 1, 2022 and December 31, 2021, respectively(9,915,081)(9,437,914)
Accumulated other comprehensive loss(164,390)(111,865)
Total stockholders' equity385,236367,554
Total liabilities and stockholders' equity$ 3,070,053$ 3,094,932