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