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

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

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

Waters (WAT) has reported Return on Invested Capital for 16 consecutive years, with 0.0% the latest figure, recorded in 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 came in at 0.0% for Q2 2026 at Waters, down from 0.0% in the prior quarter.
  • The five-year high for Return on Invested Capital was 0.01% in Q2 2024, with the low at 0.0% in Q2 2026.
  • Average Return on Invested Capital over 4 years is 0.0%, with a median of 0.0% recorded in 2025.
  • The largest YoY upside for Return on Invested Capital was 0 bps in 2024 against a maximum downside of 0 bps in 2024.
  • Year by year, Return on Invested Capital stood at 0.0% in 2023, then retreated by 15 bps to 0.0% in 2024, then slipped by 21 bps to 0.0% in 2025, then tumbled by 75 bps to 0.0% in 2026.
  • According to Business Quant data, Return on Invested Capital over the past three periods registered 0.0%, 0.0%, and 0.0% for Q2 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 0.00%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 0.00%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 0.00%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 0.01%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 0.00%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 0.00%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 0.00%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 0.00%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 0.01%
10 Quest Diagnostics 23.76 Bn 23.67 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%