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

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

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

Waters (WAT) has reported Interest Coverage Ratio for 18 consecutive years, with 0.98 the latest figure, recorded in 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 came in at 0.98 for Q2 2026 at Waters, down from 18.93 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 20.6 in Q4 2022, with the low at 0.98 in Q2 2026.
  • Average Interest Coverage Ratio over 5 years is 11.41, with a median of 10.86 recorded in 2025.
  • Across the five-year window, Interest Coverage Ratio surged 107.01% in 2025 and plunged 109.02% in 2026, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 20.6 in 2022, then sank by 58.22% to 8.61 in 2023, then jumped by 78.78% to 15.39 in 2024, then increased by 23.07% to 18.93 in 2025, then slumped by 105.17% to 0.98 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.98, 18.93, and 7.21 for Q2 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn -0.98
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 5.26
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 21.33
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 46.84
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -104.84
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 15.96
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 2.68
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 8.71
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 14.05
10 Quest Diagnostics 23.76 Bn 23.67 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