Waters (WAT) Debt to Equity (2009 - 2026)

Waters' Debt to Equity history runs 18 years deep, the most recent figure standing at $0.32 for Q2 2026.

• In Q2 2026, Debt to Equity fell 54.09% year-over-year to $0.32; the TTM figure through Apr 2026 stood at $0.32 (down 54.09% YoY), while the FY2025 annual figure was $0.37, down 58.43% from the prior year.
• Debt to Equity was $0.32 for Q2 2026 at Waters, down from $0.37 in the prior quarter.
• In the past five years, Debt to Equity ranged from a high of $3.02 in Q4 2022 to a low of $0.32 in Q2 2026.
• Historically, Debt to Equity has averaged $1.26 across 5 years, with a median of $1.01 in 2024.
• The sharpest annual moves came in 2022 and 2025: Debt to Equity slipped 26.61% in 2022, then tumbled 64.33% in 2025.
• A 5-year view of Debt to Equity shows it stood at $3.02 in 2022, then tumbled by 33.69% to $2.0 in 2023, then tumbled by 55.63% to $0.89 in 2024, then sank by 58.43% to $0.37 in 2025, then retreated by 14.11% to $0.32 in 2026.
• The last three Debt to Equity figures came in at $0.32 (Q2 2026), $0.37 (Q4 2025), and $0.41 (Q3 2025), per Business Quant data.