Waters (WAT) Return on Invested Capital (2009 - 2026)

Waters (WAT) recorded quarterly Return on Invested Capital of 0.0% in Q2 2026, down 75.2% quarter-over-quarter from 0.0% in Q4 2025, and little changed on a YoY basis from 0.0% in Q2 2025.

Waters (WAT) Return on Invested Capital (2009 - 2026) Analysis & Trends

Waters' Return on Invested Capital history runs 16 years deep, the most recent figure standing at 0.0% for Q2 2026.

  • In Q2 2026, Return on Invested Capital changed 0.0% year-over-year to 0.0%; the TTM figure through Apr 2026 stood at 0.0% (changed 0.0% YoY), while the FY2025 annual figure was 0.0%, changed 0.0% from the prior year.
  • Return on Invested Capital was 0.0% for Q2 2026 at Waters, down from 0.0% in the prior quarter.
  • In the past five years, Return on Invested Capital ranged from a high of 0.01% in Q2 2024 to a low of 0.0% in Q2 2026.
  • Historically, Return on Invested Capital has averaged 0.0% across 4 years, with a median of 0.0% in 2025.
  • Biggest YoY gain for Return on Invested Capital was 0 bps in 2024; the steepest drop was 0 bps in 2024.
  • A 4-year view of Return on Invested Capital shows it stood at 0.0% in 2023, then dropped by 15 bps to 0.0% in 2024, then fell by 21 bps to 0.0% in 2025, then slumped by 75 bps to 0.0% in 2026.
  • The last three Return on Invested Capital figures came in at 0.0% (Q2 2026), 0.0% (Q4 2025), and 0.0% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Waters 30,529.42 Bn 30,528.96 Bn 1.11 Bn 0.00%
2 Thermo Fisher Scientific 183.75 Bn 180.50 Bn 7.74 Bn 0.00%
3 Danaher 133.13 Bn 127.43 Bn 3.59 Bn 0.00%
4 Idexx Laboratories 46.14 Bn 45.94 Bn 722.74 Mn 0.01%
5 Agilent Technologies 38.20 Bn 36.39 Bn 990.00 Mn 0.00%
6 Natera 31.50 Bn 30.40 Bn 696.04 Mn 0.00%
7 Iqvia Holdings 31.34 Bn 29.36 Bn 1.36 Bn 0.00%
8 Illumina 24.51 Bn 23.36 Bn 721.00 Mn 0.00%
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 0.00%

Historic Data

Download Data
DateValue
Apr 4, 2026 0.00%
Dec 31, 2025 0.00%
Sep 27, 2025 0.00%
Jun 28, 2025 0.00%
Mar 29, 2025 0.00%
Dec 31, 2024 0.00%
Sep 28, 2024 0.00%
Jun 29, 2024 0.01%
Mar 30, 2024 0.00%
Dec 31, 2023 0.00%
Dec 31, 2020 0.01%
Sep 26, 2020 -0.05%
Jun 27, 2020 -0.02%
Mar 28, 2020 0.01%
Dec 31, 2019 0.00%
Sep 28, 2019 0.00%
Jun 29, 2019 0.00%
Mar 30, 2019 0.00%
Dec 31, 2018 0.00%
Sep 29, 2018 0.00%