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Gross margin at other companies

Kewaunee Scientific Corporation logo
Kewaunee Scientific CorporationKEQU
28.5%-0.1pp
Danaher logo
DanaherDHR
58.5%-1.1pp
Mettler-Toledo International, Inc. logo
Mettler-Toledo International, Inc.MTD
60.3%+0.3pp
Agilent Technologies logo
Agilent TechnologiesA
52.7%-0.6pp
Bruker logo
BrukerBRKR
45.3%-3.7pp
908 Devices logo
908 DevicesMASS
51.5%+1.3pp

Other financials

Income statement

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Revenue$1.6B+113%
Gross profit$569.5M+8.6%
Operating income-$86.0M-146%
Net income$136.0M-7.6%
EPS (diluted)$1.39-43.7%

Balance sheet

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Cash & equivalents$539.0M+46.8%
Total debt$5.1B+298%
Total equity$15.2B+604%
Total assets$24.8B+425%

Cash flow

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Operating cash flow$200.0M+391%
CapEx-$49.0M-319%
Free cash flow$151.0M+723%

Valuation

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Market cap$37.05B+118%
Enterprise value$41.59B+132%
P/E84.6×+58.8×
P/S+2.4×

Profitability

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Operating margin7.1%-20.6pp
Net margin9.4%-12.3pp
FCF margin8.5%-11.8pp

Returns & leverage

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Return on equity5%-32.0pp
Debt / equity0.3×-0.3×
Current ratio1.8×0.0×

Where this comes from

Calculated from Waters Corporation’s reported figures.

Based on trailing twelve months.

The source filing: Waters Corporation’s 10-Q, filed May 12, 2026. Open the filing →

Filed
May 12, 2026, 4:16 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-219487

FAQ

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 5 years (2020 to 2025), Waters Corporation's gross margin has grown at a 0.6% compound annual growth rate (CAGR), from 57.4% to 59.3%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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