KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Waters (WAT) Debt to Equity (2016 - 2025)

Waters has reported Debt to Equity over the past 16 years, most recently at $0.37 for Q4 2025.

  • Quarterly results put Debt to Equity at $0.37 for Q4 2025, down 58.41% from a year ago — trailing twelve months through Dec 2025 was $0.37 (down 58.41% YoY), and the annual figure for FY2025 was $0.37, down 58.41%.
  • Debt to Equity for Q4 2025 was $0.37 at Waters, down from $0.41 in the prior quarter.
  • Over the last five years, Debt to Equity for WAT hit a ceiling of $4.12 in Q4 2021 and a floor of $0.37 in Q4 2025.
  • Median Debt to Equity over the past 5 years was $1.28 (2024), compared with a mean of $1.58.
  • Biggest five-year swings in Debt to Equity: fell 20.75% in 2021 and later plummeted 64.33% in 2025.
  • Waters' Debt to Equity stood at $4.12 in 2021, then decreased by 26.61% to $3.02 in 2022, then plummeted by 33.69% to $2.0 in 2023, then plummeted by 55.62% to $0.89 in 2024, then tumbled by 58.41% to $0.37 in 2025.
  • The last three reported values for Debt to Equity were $0.37 (Q4 2025), $0.41 (Q3 2025), and $0.55 (Q2 2025) per Business Quant data.