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| Date | Value |
|---|---|
| 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 |