Key facts, as of
As of November 2, 2026, Waters Corporation (WAT) trades at $452.01, up 29.3% over the past year. Its 52-week range runs from $282.77 to $482.28; the price is 6.3% below that high. It is 6.3% below its all-time high of $482.28, reached in October 2026. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +232.6%, against +316.3% for the S&P 500 (SPY). It sits 22.2% above its 200-day average of $369.80, and its 50-day average is above the 200-day too: an uptrend on both averages. Its 30-day volatility is 28.8% annualized, which we rate medium risk. It has a trailing P/E of 114.4. Waters Corporation (WAT) has confirmed its next earnings report for November 3, 2026, before the market opens (date from Yahoo Finance, listed on our November 2026 earnings calendar).
Cite: Portfolio Terminal, "Waters Corporation (WAT) stock analysis", 2026-11-02. https://portfolio-terminal.com/analyse/wat
Where it trades today
trading 85% of the way up its 52-week range
How the price has moved
How far it is from its record
Waters Corporation (WAT) is 6.3% below its all-time high of $482.28, reached in October 2026. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +232.6%, against +316.3% for the S&P 500 (SPY).
The read, from its own figures
What its numbers say
- WAT closes above its 50-day average ($431.01), and the 50-day sits above the 200-day ($369.80): on both averages the chart reads as an uptrend.
- At $452.01, WAT is 6.3% below its 1-year high of $482.28, set on October 28, 2026, and 59.9% above its 1-year low of $282.77 (March 13, 2026).
- Over the past month WAT rose 6.3%, from $425.21 to $452.01.
- WAT trades at 114.4x its last twelve months of earnings and 27.3x the next twelve months' estimate, so analysts expect earnings 319.0% higher.
- Its P/E is 216.3% above the 36.2x median of the 3 other diagnostics & research companies we track (TMO, DHR, A).
- WAT's 30-day volatility, 28.8% a year, works out to a typical daily move of about 1.8%.
- Yahoo Finance puts its beta at 1.15: over five years of monthly returns, WAT moved about 1.15% for each 1% move of the S&P 500.
What would change the read
- A close under the 50-day average, $431.01 (−4.6% from the last close), would turn the read to a pullback; under the 200-day, $369.80 (−18.2%), the longer rise is in question.
- A close above $482.28 (+6.7%) would be a new 1-year high; below $282.77 (−37.4%), a new 1-year low.
How it is computed
- Prices are Yahoo Finance's daily candles for WAT, the same ones the chart below draws; the P/E, forward P/E and beta are Yahoo Finance quote fields.
- The averages are simple means of the last 50 and 200 closes; the 1-year high and low are the highest high and lowest low of the last 252 sessions; the 30-day volatility is the standard deviation of the past month's daily returns, annualized with the square root of 252.
- Peers are the other companies Yahoo Finance files under diagnostics & research among the assets we track, not a full industry screen; the median counts those with a positive P/E.
- Every sentence here is written by code from those figures, refreshed daily; nobody edits it for WAT by hand. It describes what the price and the multiples have done, not what they will do, and it is not advice.
Sources
- Yahoo Finance quote and daily historyopen →
The candles, the averages' inputs and the quote fields used for WAT. Last refresh: Nov 2, 2026, 7:10 PM UTC.
- How Portfolio Terminal computes its figuresopen →
The methodology page behind the analytics and their refresh cadence.
- Industry classification
Yahoo Finance's industry, as stored in our list of tracked assets: Diagnostics & Research.
What Waters Corporation does
Waters Corporation provides analytical workflow solutions in Asia, the Americas, and Europe. The company operates through two segments, Waters and TA. The company designs, manufactures, sells, and services liquid chromatography, as well as mass spectrometry (MS) technology systems and supports products, including chromatography columns, and other consumable products. It also designs, manufactures, sells, and services 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 goods, and healthcare products, as well as for life…
What analysts expect
WAT carries a buy consensus from 22 analysts, with an average price target of $465.86 versus $452.01 today (+3.1%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
WAT generated $4.64B in trailing revenue (113.4% year over year), with a 3.6% net margin, and -$142.07M of free cash flow, against $4.94B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $3.17B | $1.88B | $802.59M | $642.63M | $10.80 | $539.81M |
| 2024 | $2.96B | $1.76B | $837.92M | $637.83M | $10.75 | $619.64M |
| 2023 | $2.96B | $1.76B | $817.68M | $642.23M | $10.87 | $442.18M |
| 2022 | $2.97B | $1.72B | $883.19M | $707.75M | $11.80 | $428.20M |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
WAT is in 16 of the 54 ETFs we track. It weighs most in XLV: 0.67% of the fund, holding #34 of 62.
Famous investors who hold it
WAT is in the latest 13F of 1 of the 15 famous investors we follow. Terry Smith (Fundsmith) holds the most of it: 6.25% of the portfolio, position #3 of 41, as of Q2 2026.
How its figures compare with those peers
Companies in the same industry
WAT beside the other companies Yahoo Finance files under diagnostics & research among the assets we track (TMO, DHR, A, largest first).
WATyou are here$452.01$44.38B
TMOThermo Fisher Scientific$685.90$254.14BDHDHRDanaher Corporation$229.60$161.41B
AAgilent Technologies$172.93$48.76BWhat the chart is saying
In an uptrend, 6.3% under its 1-year high with no resistance above.
uptrend- Price is 4.9% above its 50-day average and 22.2% above its 200-day.
- The 50-day crossed above the 200-day on 2026-07-01 (a “golden cross”).
- RSI at 53 is neither stretched nor washed out.
- Nothing above has stopped it this year; the nearest floor is $423.91 (-6.2%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
How is WAT valued right now?
Waters Corporation trades at 114.4 times its last twelve months of earnings and 27.3 times the next twelve months' estimate (Yahoo Finance, November 2, 2026). On the chart: in an uptrend, 6.3% under its 1-year high with no resistance above. Price is 4.9% above its 50-day average and 22.2% above its 200-day.
What is the risk level of WAT?
Based on 30-day volatility of 28.8%, WAT has MEDIUM risk. Its beta of 1.15 means it has swung more than the S&P 500 over the last five years.
Does WAT pay dividends?
Yahoo Finance shows no dividend yield for Waters Corporation (November 2, 2026).
How far is WAT from its all-time high?
Waters Corporation is 6.3% below its all-time high of $482.28, reached in October 2026. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +232.6%, against +316.3% for the S&P 500 (SPY).
When does Waters Corporation report earnings?
Waters Corporation (WAT) reports its next quarterly earnings on Tuesday, November 3, 2026, before the market opens. The company has confirmed the date; it comes from Yahoo Finance's earnings data and is listed on the Portfolio Terminal November 2026 earnings calendar. For that quarter, the analysts' consensus Yahoo Finance reports is earnings of $4.00 per share.
Which ETFs hold WAT?
16 of the 54 popular ETFs we track hold Waters Corporation. The largest weights: XLV (0.67%), VO (0.43%), RSP (0.22%), VUG (0.08%) and VTV (0.08%). Measured on each issuer's full holdings file, dated September 30 to October 18, 2026.
How much of VOO is WAT?
0.07%, as of September 30, 2026: WAT is holding #246 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $0.66 in Waters Corporation.
Which famous investors own WAT?
Terry Smith (6.25% of Fundsmith's 13F), according to their latest Form 13F filings with the SEC (Q2 2026). A 13F lists US long positions 45 days after the quarter ends, so it can be out of date.
What is the analyst price target for WAT?
The average analyst price target for Waters Corporation (WAT) is $465.86 based on 22 analyst estimates, about 3.1% above the current price of $452.01. The published range runs from $349.00 to $530.00.
How much revenue does WAT generate?
Waters Corporation reported $4.64B in trailing twelve-month revenue. Revenue growth is running at 113.4% year over year. Net margin sits at 3.6%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare WAT with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.