Waters (WAT) EBIT (2009 - 2025)

Waters (WAT) recorded annual EBIT of $802.6 million in FY2025, down 2.88% year-over-year from $826.4 million in FY2024.

Waters (WAT) EBIT (2009 - 2025) Analysis & Trends

Waters' EBIT history runs 17 years deep, the most recent figure standing at $802.6 million for FY2025.

  • In Q2 2026, EBIT fell 130.92% year-over-year to -$47.0 million; the TTM figure through Apr 2026 stood at $603.8 million (down 28.5% YoY), while the FY2025 annual figure was $802.6 million, down 2.88% from the prior year.
  • EBIT was $802.6 million for FY2025 at Waters, down from $826.4 million in the prior year.
  • In the past five years, EBIT ranged from a high of $873.4 million in FY2022 to a low of $802.6 million in FY2025.
  • Historically, EBIT has averaged $828.3 million across 5 years, with a median of $821.7 million in 2021.
  • The sharpest annual moves came in 2021 and 2023: EBIT climbed 27.3% in 2021, then slipped 6.38% in 2023.
  • A 5-year view of EBIT shows it stood at $821.7 million in 2021, then climbed by 6.29% to $873.4 million in 2022, then retreated by 6.38% to $817.7 million in 2023, then grew by 1.06% to $826.4 million in 2024, then dropped by 2.88% to $802.6 million in 2025.
  • The last three EBIT figures came in at $802.6 million (FY2025), $826.4 million (FY2024), and $817.7 million (FY2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Yr)
1 Waters 29,627.13 Bn 29,626.67 Bn 1.11 Bn -
2 Thermo Fisher Scientific 175.83 Bn 172.58 Bn 7.74 Bn -
3 Danaher 128.55 Bn 122.86 Bn 3.59 Bn -
4 Idexx Laboratories 45.63 Bn 45.43 Bn 722.74 Mn -
5 Agilent Technologies 36.33 Bn 34.53 Bn 990.00 Mn -
6 Natera 31.16 Bn 30.06 Bn 696.04 Mn -
7 Iqvia Holdings 30.14 Bn 28.16 Bn 1.36 Bn -
8 Illumina 25.12 Bn 23.96 Bn 721.00 Mn -
9 Mettler Toledo International 23.41 Bn 23.35 Bn 555.82 Mn -
10 Quest Diagnostics 22.10 Bn 22.01 Bn 942.00 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 802.59 Mn
Dec 31, 2024 826.35 Mn
Dec 31, 2023 817.68 Mn
Dec 31, 2022 873.40 Mn
Dec 31, 2021 821.71 Mn
Dec 31, 2020 645.49 Mn
Dec 31, 2019 708.46 Mn
Dec 31, 2018 739.77 Mn
Dec 31, 2017 662.20 Mn
Dec 31, 2016 625.04 Mn
Dec 31, 2015 567.45 Mn
Dec 31, 2014 172.04 Mn
Dec 31, 2013 517.34 Mn
Dec 31, 2012 170.67 Mn
Dec 31, 2011 178.24 Mn
Dec 31, 2010 449.93 Mn
Dec 31, 2009 394.60 Mn