Waters (WAT) Debt Ratio (2009 - 2026)

Waters' Debt Ratio history runs 18 years deep, the most recent figure standing at 0.2 for Q2 2026.

• In Q2 2026, Debt Ratio fell 33.02% year-over-year to 0.2; the TTM figure through Apr 2026 stood at 0.2 (down 33.02% YoY), while the FY2025 annual figure was 0.19, down 47.78% from the prior year.
• Debt Ratio was 0.2 for Q2 2026 at Waters, up from 0.19 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.55 in Q3 2023 to a low of 0.19 in Q4 2025.
• Historically, Debt Ratio has averaged 0.36 across 5 years, with a median of 0.38 in 2024.
• The sharpest annual moves came in 2023 and 2025: Debt Ratio grew 7.23% in 2023, then sank 51.88% in 2025.
• A 5-year view of Debt Ratio shows it stood at 0.46 in 2022, then gained by 7.23% to 0.5 in 2023, then slipped by 28.32% to 0.36 in 2024, then plunged by 47.78% to 0.19 in 2025, then climbed by 6.1% to 0.2 in 2026.
• The last three Debt Ratio figures came in at 0.2 (Q2 2026), 0.19 (Q4 2025), and 0.19 (Q3 2025), per Business Quant data.