Waters (WAT) Equity Ratio (2009 - 2026)

Waters (WAT) posted quarterly Equity Ratio of 0.62 for Q2 2026, up 45.89% year-over-year from 0.43 in Q2 2025, and up 23.53% on a QoQ basis from 0.5 in Q4 2025.

Waters (WAT) Equity Ratio (2009 - 2026) Analysis & Trends

Waters (WAT) has reported Equity Ratio for 18 consecutive years, with 0.62 the latest figure, recorded in Q2 2026.

  • In Q2 2026, Equity Ratio rose 45.89% year-over-year to 0.62; the TTM figure through Apr 2026 stood at 0.62 (up 45.89% YoY), while the FY2025 annual figure was 0.5, up 25.64% from the prior year.
  • Equity Ratio came in at 0.62 for Q2 2026 at Waters, up from 0.5 in the prior quarter.
  • The five-year high for Equity Ratio was 0.62 in Q2 2026, with the low at 0.15 in Q4 2022.
  • Average Equity Ratio over 5 years is 0.37, with a median of 0.38 recorded in 2024.
  • Across the five-year window, Equity Ratio jumped 76.47% in 2024 and grew 25.64% in 2025, its largest moves.
  • Year by year, Equity Ratio stood at 0.15 in 2022, then soared by 61.72% to 0.25 in 2023, then surged by 61.55% to 0.4 in 2024, then advanced by 25.64% to 0.5 in 2025, then rose by 23.53% to 0.62 in 2026.
  • According to Business Quant data, Equity Ratio over the past three periods registered 0.62, 0.5, and 0.48 for Q2 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 0.62
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 0.46
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 0.63
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 0.46
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 0.68
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn -0.02
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 0.21
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 0.41
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn -0.01
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn 0.46

Historic Data

Download Data
DateValue
Apr 4, 2026 0.62
Dec 31, 2025 0.50
Sep 27, 2025 0.48
Jun 28, 2025 0.46
Mar 29, 2025 0.43
Dec 31, 2024 0.40
Sep 28, 2024 0.36
Jun 29, 2024 0.32
Mar 30, 2024 0.28
Dec 31, 2023 0.25
Sep 30, 2023 0.20
Dec 31, 2022 0.15
Dec 31, 2021 0.12
Dec 31, 2020 0.08
Sep 26, 2020 -0.02
Jun 27, 2020 -0.07
Mar 28, 2020 -0.13
Dec 31, 2019 -0.08
Sep 28, 2019 0.05
Jun 29, 2019 0.20