Waters (WAT) Enterprise Value (2009 - 2026)

Waters (WAT) recorded quarterly Enterprise Value of -$462.0 million in Q2 2026, up 21.43% quarter-over-quarter from -$588.0 million in Q4 2025, and down 20.63% on a YoY basis from -$582.1 million in Q2 2025.

Waters (WAT) Enterprise Value (2009 - 2026) Analysis & Trends

Waters' Enterprise Value history runs 18 years deep, the most recent figure standing at -$462.0 million for Q2 2026.

  • In Q2 2026, Enterprise Value fell 20.63% year-over-year to -$462.0 million; the TTM figure through Apr 2026 stood at -$462.0 million (down 20.63% YoY), while the FY2025 annual figure was -$588.0 million, down 80.21% from the prior year.
  • Enterprise Value was -$462.0 million for Q2 2026 at Waters, up from -$588.0 million in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$326.3 million in Q4 2024 to a low of -$588.0 million in Q4 2025.
  • Historically, Enterprise Value has averaged -$399.8 million across 5 years, with a median of -$375.0 million in 2025.
  • The sharpest annual moves came in 2023 and 2025: Enterprise Value increased 17.74% in 2023, then tumbled 80.21% in 2025.
  • A 5-year view of Enterprise Value shows it stood at -$481.4 million in 2022, then climbed by 17.74% to -$396.0 million in 2023, then grew by 17.6% to -$326.3 million in 2024, then sank by 80.21% to -$588.0 million in 2025, then gained by 21.43% to -$462.0 million in 2026.
  • The last three Enterprise Value figures came in at -$462.0 million (Q2 2026), -$588.0 million (Q4 2025), and -$459.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn -462.00 Mn
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn -3.25 Bn
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn -5.69 Bn
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn -200.53 Mn
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn -1.81 Bn
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn -1.98 Bn
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn -1.10 Bn
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn -1.16 Bn
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn -60.60 Mn
10 Quest Diagnostics 21.68 Bn 21.59 Bn 942.00 Mn -93.00 Mn

Historic Data

Download Data
DateValue
Apr 4, 2026 -462.00 Mn
Dec 31, 2025 -588.00 Mn
Sep 27, 2025 -459.12 Mn
Jun 28, 2025 -367.00 Mn
Mar 29, 2025 -383.00 Mn
Dec 31, 2024 -326.29 Mn
Sep 28, 2024 -331.46 Mn
Jun 29, 2024 -327.36 Mn
Mar 30, 2024 -338.21 Mn
Dec 31, 2023 -395.97 Mn
Sep 30, 2023 -337.31 Mn
Dec 31, 2022 -481.39 Mn
Dec 31, 2021 -569.29 Mn
Dec 31, 2020 -443.15 Mn
Sep 26, 2020 -397.07 Mn
Jun 27, 2020 -355.76 Mn
Mar 28, 2020 -393.87 Mn
Dec 31, 2019 -337.14 Mn
Sep 28, 2019 -404.65 Mn
Jun 29, 2019 -675.77 Mn