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