Waters Corporation (WAT) — Capital Reinvestment Ratio
Waters Corporation (WAT) has a Capital Reinvestment Ratio of 0.24x as of December 2025, meaning it reinvests 0% of its operating cash flow ($164.55 Million) in capital expenditures ($38.97 Million). See debt-free asset ratio of Waters Corporation to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Waters Corporation Capital Reinvestment Ratio (1995–2025)
This chart tracks Waters Corporation's Capital Reinvestment Ratio across 31 annual periods. Check Waters Corporation investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Waters Corporation (1995–2025)
Year-by-year Capital Reinvestment Ratio for Waters Corporation from 1995 to 2025. For live market cap and broader valuation context, see Waters Corporation (WAT) total market value.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.17x | $652.55 Million | $112.75 Million | ▼ -7.6% |
| 2024 | 0.19x | $762.12 Million | $142.48 Million | ▼ -29.8% |
| 2023 | 0.27x | $602.81 Million | $160.63 Million | ▼ -11.2% |
| 2022 | 0.30x | $611.66 Million | $183.46 Million | ▲ +33.2% |
| 2021 | 0.23x | $747.27 Million | $168.27 Million | ▲ +3.3% |
| 2020 | 0.22x | $790.51 Million | $172.38 Million | ▼ -14.4% |
| 2019 | 0.25x | $643.09 Million | $163.82 Million | ▲ +20.7% |
| 2018 | 0.21x | $604.45 Million | $127.56 Million | ▲ +62.7% |
| 2017 | 0.13x | $697.64 Million | $90.47 Million | ▼ -14.1% |
| 2016 | 0.15x | $629.08 Million | $94.97 Million | ▼ -17.9% |
| 2015 | 0.18x | $560.29 Million | $103.01 Million | ▼ -11.5% |
| 2014 | 0.21x | $511.65 Million | $106.25 Million | ▼ -15.0% |
| 2013 | 0.24x | $484.88 Million | $118.45 Million | ▲ +4.8% |
| 2012 | 0.23x | $449.28 Million | $104.75 Million | ▲ +35.7% |
| 2011 | 0.17x | $497.37 Million | $85.44 Million | ▲ +25.4% |
| 2010 | 0.14x | $457.86 Million | $62.74 Million | ▼ -38.9% |
| 2009 | 0.22x | $418.26 Million | $93.80 Million | ▲ +35.8% |
| 2008 | 0.17x | $418.25 Million | $69.06 Million | ▲ +1.4% |
| 2007 | 0.16x | $370.51 Million | $60.34 Million | ▼ -16.5% |
| 2006 | 0.20x | $263.59 Million | $51.42 Million | ▲ +13.9% |
| 2005 | 0.17x | $298.07 Million | $51.05 Million | ▼ -32.9% |
| 2004 | 0.26x | $259.45 Million | $66.24 Million | ▲ +15.9% |
| 2003 | 0.22x | $157.00 Million | $34.59 Million | ▲ +27.4% |
| 2002 | 0.17x | $219.65 Million | $37.97 Million | ▼ -22.9% |
| 2001 | 0.22x | $189.15 Million | $42.41 Million | ▲ +11.3% |
| 2000 | 0.20x | $175.59 Million | $35.37 Million | ▲ +38.8% |
| 1999 | 0.15x | $150.20 Million | $21.80 Million | ▼ -12.1% |
| 1998 | 0.17x | $110.20 Million | $18.20 Million | ▼ -91.1% |
| 1997 | 1.86x | $96.40 Million | $179.20 Million | ▲ +925.2% |
| 1996 | 0.18x | $55.70 Million | $10.10 Million | ▲ +33.0% |
| 1995 | 0.14x | $46.20 Million | $6.30 Million | — |