Waters (WAT) FCF Margin (2009 - 2026)

Waters (WAT) has reported FCF Margin for 18 consecutive years, with 3.31% the latest figure, recorded in Q2 2026.

• In Q2 2026, FCF Margin fell 3866.0% year-over-year to 3.31%; the TTM figure through Apr 2026 stood at 7.0% (down 1376.0% YoY), while the FY2025 annual figure was 17.05%, down 389.0% from the prior year.
• FCF Margin came in at 3.31% for Q2 2026 at Waters, down from 13.47% in the prior quarter.
• The five-year high for FCF Margin was 36.78% in Q1 2024, with the low at 3.31% in Q2 2026.
• Average FCF Margin over 5 years is 17.41%, with a median of 18.53% recorded in 2025.
• Across the five-year window, FCF Margin soared 735 bps in 2024 and sank 3866 bps in 2026, its largest moves.
• Year by year, FCF Margin stood at 15.9% in 2022, then soared by 45 bps to 23.01% in 2023, then decreased by 6 bps to 21.55% in 2024, then plunged by 37 bps to 13.47% in 2025, then plunged by 125 bps to 3.31% in 2026.
• According to Business Quant data, FCF Margin over the past three periods registered 3.31%, 13.47%, and 20.24% for Q2 2026, Q4 2025, and Q3 2025 respectively.