Waters Corporation (WAT) — Cash Flow Reinvestment Rate
Waters Corporation (WAT) has a Cash Flow Reinvestment Rate of 0.24x as of December 2025, reinvesting $38.97 Million (capex $38.97 Million ) from operating cash flow of $164.55 Million. Explore reinvestment intensity of Waters Corporation to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Waters Corporation Cash Flow Reinvestment Rate (1995–2025)
Historical reinvestment intensity for Waters Corporation across 31 annual periods. Also explore Waters Corporation assets under control for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Waters Corporation (1995–2025)
Year-by-year capital reinvestment analysis for Waters Corporation. For live market cap and broader valuation context, see WAT company net worth.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.17x | $112.75 Million | $652.55 Million | $112.75 Million | ▼ -54.0% |
| 2024 | 0.38x | $286.50 Million | $762.12 Million | $142.48 Million | ▼ -86.1% |
| 2023 | 2.70x | $1.63 Billion | $602.81 Million | $160.63 Million | ▲ +466.5% |
| 2022 | 0.48x | $291.42 Million | $611.66 Million | $183.46 Million | ▲ +53.7% |
| 2021 | 0.31x | $231.63 Million | $747.27 Million | $168.27 Million | ▲ +38.1% |
| 2020 | 0.22x | $177.41 Million | $790.51 Million | $172.38 Million | ▼ -86.9% |
| 2019 | 1.72x | $1.11 Billion | $643.09 Million | $163.82 Million | ▼ -46.4% |
| 2018 | 3.21x | $1.94 Billion | $604.45 Million | $127.56 Million | ▲ +317.6% |
| 2017 | 0.77x | $535.75 Million | $697.64 Million | $90.47 Million | ▼ -0.7% |
| 2016 | 0.77x | $486.31 Million | $629.08 Million | $94.97 Million | ▲ +13.6% |
| 2015 | 0.68x | $381.40 Million | $560.29 Million | $103.01 Million | ▼ -7.5% |
| 2014 | 0.74x | $376.58 Million | $511.65 Million | $106.25 Million | ▲ +201.3% |
| 2013 | 0.24x | $118.45 Million | $484.88 Million | $118.45 Million | ▼ -58.6% |
| 2012 | 0.59x | $265.38 Million | $449.28 Million | $104.75 Million | ▼ -14.8% |
| 2011 | 0.69x | $344.88 Million | $497.37 Million | $85.44 Million | ▼ -22.9% |
| 2010 | 0.90x | $411.51 Million | $457.86 Million | $62.74 Million | ▼ -55.3% |
| 2009 | 2.01x | $841.43 Million | $418.26 Million | $93.80 Million | ▲ +1118.3% |
| 2008 | 0.17x | $69.06 Million | $418.25 Million | $69.06 Million | ▲ +1.4% |
| 2007 | 0.16x | $60.34 Million | $370.51 Million | $60.34 Million | ▼ -16.5% |
| 2006 | 0.20x | $51.42 Million | $263.59 Million | $51.42 Million | ▲ +13.9% |
| 2005 | 0.17x | $51.05 Million | $298.07 Million | $51.05 Million | ▼ -32.9% |
| 2004 | 0.26x | $66.24 Million | $259.45 Million | $66.24 Million | ▲ +15.9% |
| 2003 | 0.22x | $34.59 Million | $157.00 Million | $34.59 Million | ▲ +27.4% |
| 2002 | 0.17x | $37.97 Million | $219.65 Million | $37.97 Million | ▼ -22.9% |
| 2001 | 0.22x | $42.41 Million | $189.15 Million | $42.41 Million | ▲ +11.3% |
| 2000 | 0.20x | $35.37 Million | $175.59 Million | $35.37 Million | ▲ +38.8% |
| 1999 | 0.15x | $21.80 Million | $150.20 Million | $21.80 Million | ▼ -12.1% |
| 1998 | 0.17x | $18.20 Million | $110.20 Million | $18.20 Million | ▼ -91.1% |
| 1997 | 1.86x | $179.20 Million | $96.40 Million | $179.20 Million | ▲ +925.2% |
| 1996 | 0.18x | $10.10 Million | $55.70 Million | $10.10 Million | ▲ +33.0% |
| 1995 | 0.14x | $6.30 Million | $46.20 Million | $6.30 Million | — |