KPIs & Operating Metrics(New)
Growth Metrics

Waters (WAT) Return on Invested Capital (2016 - 2025)

Waters has reported Return on Invested Capital over the past 14 years, most recently at 0.22% for Q4 2025.

  • Quarterly results put Return on Invested Capital at 0.22% for Q4 2025, down 6.0% from a year ago — trailing twelve months through Dec 2025 was 0.22% (down 6.0% YoY), and the annual figure for FY2025 was 0.18%, down 2.0%.
  • Return on Invested Capital for Q4 2025 was 0.22% at Waters, down from 0.31% in the prior quarter.
  • Over the last five years, Return on Invested Capital for WAT hit a ceiling of 0.51% in Q2 2024 and a floor of 0.22% in Q4 2025.
  • Median Return on Invested Capital over the past 3 years was 0.31% (2025), compared with a mean of 0.33%.
  • Peak annual rise in Return on Invested Capital hit -3bps in 2025, while the deepest fall reached -16bps in 2025.
  • Waters' Return on Invested Capital stood at 0.32% in 2023, then dropped by -15bps to 0.28% in 2024, then fell by -21bps to 0.22% in 2025.
  • The last three reported values for Return on Invested Capital were 0.22% (Q4 2025), 0.31% (Q3 2025), and 0.34% (Q2 2025) per Business Quant data.