Waters Corporation Cash Flow Conversion Efficiency
Waters Corporation 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.
Cash Flow Conversion Efficiency of Waters Corporation (1995–2025)
Cash flow conversion efficiency of Waters Corporation from 1995 to 2025. This chart illustrates how Waters Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. View WAT share price today for real-time trading data and today's change.
Waters Corporation Cash Flow Conversion Ratio Explained
Waters Corporation cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Waters Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Waters Corporation ranked by their cash flow conversion efficiency. Also see Waters Corporation (WAT) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Swiss Re AG
SW:SREN
|
0.062x |
|
Compagnie de Saint-Gobain S.A.
PA:SGO
|
0.043x |
|
Hartford Financial Services Group
NYSE:HIG
|
0.061x |
|
China Molybdenum Co Ltd Class A
SHG:603993
|
0.041x |
|
Interactive Brokers Group Inc
NASDAQ:IBKR
|
0.279x |
|
Bank of Jiangsu Co Ltd
SHG:600919
|
0.847x |
|
Fairfax Financial Holdings Ltd
TO:FFH
|
0.038x |
|
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. Review Waters Corporation (WAT) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.
| 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