Waters (WAT) Equity Ratio (2009 - 2026)
Waters (WAT) recorded quarterly Equity Ratio of 0.62 in Q2 2026, up 23.53% quarter-over-quarter from 0.5 in Q4 2025, and up 45.89% on a YoY basis from 0.43 in Q2 2025.
Waters (WAT) Equity Ratio (2009 - 2026) Analysis & Trends
Waters' Equity Ratio history runs 18 years deep, the most recent figure standing at 0.62 for 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 was 0.62 for Q2 2026 at Waters, up from 0.5 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 0.62 in Q2 2026 to a low of 0.15 in Q4 2022.
- Historically, Equity Ratio has averaged 0.37 across 5 years, with a median of 0.38 in 2024.
- The sharpest annual moves came in 2024 and 2025: Equity Ratio jumped 76.47% in 2024, then gained 25.64% in 2025.
- A 5-year view of Equity Ratio shows it 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 increased by 25.64% to 0.5 in 2025, then climbed by 23.53% to 0.62 in 2026.
- The last three Equity Ratio figures came in at 0.62 (Q2 2026), 0.5 (Q4 2025), and 0.48 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | 0.62 |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 0.46 |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 0.63 |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | 0.46 |
| 5 | Agilent Technologies | 38.20 Bn | 36.39 Bn | 990.00 Mn | -0.02 |
| 6 | Natera | 31.50 Bn | 30.40 Bn | 696.04 Mn | 0.68 |
| 7 | Iqvia Holdings | 31.34 Bn | 29.36 Bn | 1.36 Bn | 0.21 |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | 0.41 |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | -0.01 |
| 10 | Quest Diagnostics | 22.51 Bn | 22.42 Bn | 942.00 Mn | 0.46 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |