Waters (WAT) Interest Coverage Ratio (2009 - 2026)

Waters (WAT) recorded quarterly Interest Coverage Ratio of 0.98 in Q2 2026, down 105.17% quarter-over-quarter from 18.93 in Q4 2025, and down 109.02% on a YoY basis from 10.86 in Q2 2025.

Waters (WAT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Waters' Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 0.98 for Q2 2026.

  • In Q2 2026, Interest Coverage Ratio fell 109.02% year-over-year to 0.98; the TTM figure through Apr 2026 stood at 5.85 (down 45.89% YoY), while the FY2025 annual figure was 11.54, up 25.23% from the prior year.
  • Interest Coverage Ratio was 0.98 for Q2 2026 at Waters, down from 18.93 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 20.6 in Q4 2022 to a low of 0.98 in Q2 2026.
  • Historically, Interest Coverage Ratio has averaged 11.41 across 5 years, with a median of 10.86 in 2025.
  • The sharpest annual moves came in 2025 and 2026: Interest Coverage Ratio surged 107.01% in 2025, then tumbled 109.02% in 2026.
  • A 5-year view of Interest Coverage Ratio shows it stood at 20.6 in 2022, then plunged by 58.22% to 8.61 in 2023, then jumped by 78.78% to 15.39 in 2024, then advanced by 23.07% to 18.93 in 2025, then sank by 105.17% to 0.98 in 2026.
  • The last three Interest Coverage Ratio figures came in at 0.98 (Q2 2026), 18.93 (Q4 2025), and 7.21 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn -0.98
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 5.26
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 21.33
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 46.84
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 15.96
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 2.68
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn -104.84
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 8.71
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 14.05
10 Quest Diagnostics 21.68 Bn 21.59 Bn 942.00 Mn -

Historic Data

Download Data
DateValue
Apr 4, 2026 -0.98
Dec 31, 2025 18.93
Sep 27, 2025 7.21
Jun 28, 2025 13.11
Mar 29, 2025 10.86
Dec 31, 2024 15.39
Sep 28, 2024 9.85
Jun 29, 2024 7.97
Mar 30, 2024 5.24
Dec 31, 2023 8.61
Sep 30, 2023 5.89
Jun 30, 2023 8.59
Mar 31, 2023 12.06
Dec 31, 2022 20.60
Sep 30, 2022 15.46
Jun 30, 2022 17.48
Mar 31, 2022 17.68
Dec 31, 2021 24.09
Sep 30, 2021 17.31
Jun 30, 2021 16.33