Waters Corporation (WAT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Waters Corporation (WAT) has a cash flow conversion efficiency ratio of 0.000x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-3.00 Million) by net assets ($15.29 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See WAT equity to assets ratio to measure how much of total assets are equity-financed.
Waters Corporation - Cash Flow Conversion Efficiency Trend (1995–2025)
This chart illustrates how Waters Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Waters Corporation (WAT) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Waters Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Waters Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Swiss Re AG
SW:SREN
|
0.062x |
|
Shaanxi Coal Industry Co Ltd
SHG:601225
|
0.091x |
|
UNIV.MUSIC GRP.ADR/050
F:0VD0
|
N/A |
|
Aena SA
MC:AENA
|
0.095x |
|
PTT Public Company Limited
BK:PTT
|
0.055x |
|
Advanced Info Service Public Company Limited
BK:ADVANC
|
0.311x |
|
Kroger Company
NYSE:KR
|
0.463x |
|
Telefonaktiebolaget LM Ericsson B ADR
NASDAQ:ERIC
|
0.075x |
Annual Cash Flow Conversion Efficiency for Waters Corporation (1995–2025)
The table below shows the annual cash flow conversion efficiency of Waters Corporation from 1995 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Waters Corporation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $2.56 Billion | $652.55 Million | 0.255x | -38.87% |
| 2024-12-31 | $1.83 Billion | $762.12 Million | 0.417x | -20.46% |
| 2023-12-31 | $1.15 Billion | $602.81 Million | 0.524x | -56.78% |
| 2022-12-31 | $504.49 Million | $611.66 Million | 1.212x | -40.36% |
| 2021-12-31 | $367.55 Million | $747.27 Million | 2.033x | -40.30% |
| 2020-12-31 | $232.14 Million | $790.51 Million | 3.405x | +214.52% |
| 2019-12-31 | $-216.28 Million | $643.09 Million | -2.973x | -870.96% |
| 2018-12-31 | $1.57 Billion | $604.45 Million | 0.386x | +23.49% |
| 2017-12-31 | $2.23 Billion | $697.64 Million | 0.312x | +14.28% |
| 2016-12-31 | $2.30 Billion | $629.08 Million | 0.273x | +0.42% |
| 2015-12-31 | $2.06 Billion | $560.29 Million | 0.272x | +0.77% |
| 2014-12-31 | $1.89 Billion | $511.65 Million | 0.270x | -1.80% |
| 2013-12-31 | $1.76 Billion | $484.88 Million | 0.275x | -10.18% |
| 2012-12-31 | $1.47 Billion | $449.28 Million | 0.306x | -24.49% |
| 2011-12-31 | $1.23 Billion | $497.37 Million | 0.405x | -5.34% |
| 2010-12-31 | $1.07 Billion | $457.86 Million | 0.428x | -13.05% |
| 2009-12-31 | $848.95 Million | $418.26 Million | 0.493x | -22.14% |
| 2008-12-31 | $661.00 Million | $418.25 Million | 0.633x | +0.09% |
| 2007-12-31 | $586.08 Million | $370.51 Million | 0.632x | -13.09% |
| 2006-12-31 | $362.38 Million | $263.59 Million | 0.727x | -30.78% |
| 2005-12-31 | $283.63 Million | $298.07 Million | 1.051x | +174.90% |
| 2004-12-31 | $678.69 Million | $259.45 Million | 0.382x | +43.77% |
| 2003-12-31 | $590.48 Million | $157.00 Million | 0.266x | -19.46% |
| 2002-12-31 | $665.31 Million | $219.65 Million | 0.330x | +1.54% |
| 2001-12-31 | $581.75 Million | $189.15 Million | 0.325x | -16.34% |
| 2000-12-31 | $451.78 Million | $175.59 Million | 0.389x | -24.39% |
| 1999-12-31 | $292.20 Million | $150.20 Million | 0.514x | -25.74% |
| 1998-12-31 | $159.20 Million | $110.20 Million | 0.692x | -49.45% |
| 1997-12-31 | $70.40 Million | $96.40 Million | 1.369x | +59.79% |
| 1996-12-31 | $65.00 Million | $55.70 Million | 0.857x | +19.26% |
| 1995-12-31 | $64.30 Million | $46.20 Million | 0.719x | -- |
About Waters Corporation
Waters Corporation provides analytical workflow solutions in Asia, the Americas, and Europe. The company operates through two segments, Waters and TA. The company designs, manufactures, sells, and services liquid chromatography, as well as mass spectrometry (MS) technology systems and supports products, including chromatography columns, and other consumable products. It also designs, manufactures… Read more