Skip to content

Gross margin at other companies

Danaher logo
DanaherDHR
58.9%-0.8pp
Mettler-Toledo International, Inc. logo
Mettler-Toledo International, Inc.MTD
59.2%-1.0pp
Agilent Technologies logo
Agilent TechnologiesA
52.7%-0.6pp
Veralto logo
VeraltoVLTO
59.9%-0.1pp
Ecolab logo
EcolabECL
44.3%+0.6pp
IDEX logo
IDEXIEX
44.4%0.0pp

Other financials

Income statement

See full
Revenue$1.3B+91.4%
Operating income-$47.0M-131%
Net income-$72.0M-160%
EPS (diluted)-$0.87-143%

Balance sheet

See full
Cash & equivalents$462.0M+20.7%
Total debt$5.2B+263%
Total equity$15.3B+679%
Total assets$24.5B+434%

Cash flow

See full
Operating cash flow-$3.0M-101%
CapEx$39.0M+50.0%
Free cash flow-$42.0M-118%

Valuation

See full
Market cap$35.05B+33.4%
Enterprise value$39.8B+48.0%
P/E78×+38.0×
P/S9.3×+0.5×

Profitability

See full
Operating margin16%-12.3pp
Net margin11.9%-10.1pp

Returns & leverage

See full
Return on equity5.2%-35.6pp
Debt / equity0.3×-0.4×
Current ratio1.8×0.0×

Where this comes from

Calculated from Waters Corporation’s reported figures.

Based on trailing twelve months.

The official record: Waters Corporation’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

Ask your AI about Waters Corporation's gross margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Waters Corporation's gross margin?
Waters Corporation (WAT) reported gross margin of 59.3% in Q4 2025.
How has Waters Corporation's gross margin changed year-over-year?
Waters Corporation's gross margin decreased by 0.2% year-over-year, from 59.4% to 59.3%.
What is the long-term trend for Waters Corporation's gross margin?
Over 4 years (2021 to 2025), Waters Corporation's gross margin has grown at a 0.3% compound annual growth rate (CAGR), from 233.6% to 236.5%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.