Waters Corporation Financial Flexibility Index
Waters Corporation financial flexibility index. Waters Corporation (WAT) has a Financial Flexibility Index of 0.00x as of March 2026. Free cash flow of $36.00 Million (operating CF $-3.00 Million minus capex $39.00 Million) represents 0% of total liabilities ($9.24 Billion). See Waters Corporation free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Waters Corporation (1995–2025)
Financial flexibility index of Waters Corporation from 1995 to 2025. Historical Financial Flexibility Index trend for Waters Corporation across 31 annual periods. Check Waters Corporation earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Waters Corporation Financial Flexibility Index by Year (1995–2025)
Waters Corporation financial flexibility index by year from 1995 to 2025. Year-by-year free cash flow to debt coverage for Waters Corporation. For the full cash flow conversion analysis, see WAT cash flow conversion.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.30x | $765.30 Million | $652.55 Million | $2.52 Billion | ▼ -8.3% |
| 2024 | 0.33x | $904.60 Million | $762.12 Million | $2.73 Billion | ▲ +51.2% |
| 2023 | 0.22x | $763.44 Million | $602.81 Million | $3.48 Billion | ▼ -23.3% |
| 2022 | 0.29x | $795.12 Million | $611.66 Million | $2.78 Billion | ▼ -14.7% |
| 2021 | 0.34x | $915.54 Million | $747.27 Million | $2.73 Billion | ▼ -9.1% |
| 2020 | 0.37x | $962.89 Million | $790.51 Million | $2.61 Billion | ▲ +26.9% |
| 2019 | 0.29x | $806.91 Million | $643.09 Million | $2.77 Billion | ▼ -14.1% |
| 2018 | 0.34x | $732.01 Million | $604.45 Million | $2.16 Billion | ▲ +33.5% |
| 2017 | 0.25x | $788.11 Million | $697.64 Million | $3.11 Billion | ▼ -17.3% |
| 2016 | 0.31x | $724.04 Million | $629.08 Million | $2.36 Billion | ▲ +1.9% |
| 2015 | 0.30x | $663.30 Million | $560.29 Million | $2.20 Billion | ▼ -3.3% |
| 2014 | 0.31x | $617.90 Million | $511.65 Million | $1.98 Billion | ▼ -6.5% |
| 2013 | 0.33x | $603.33 Million | $484.88 Million | $1.81 Billion | ▲ +2.2% |
| 2012 | 0.33x | $554.03 Million | $449.28 Million | $1.70 Billion | ▼ -16.3% |
| 2011 | 0.39x | $582.81 Million | $497.37 Million | $1.50 Billion | ▼ -5.8% |
| 2010 | 0.41x | $520.60 Million | $457.86 Million | $1.26 Billion | ▼ -14.5% |
| 2009 | 0.48x | $512.06 Million | $418.26 Million | $1.06 Billion | ▼ -4.6% |
| 2008 | 0.51x | $487.31 Million | $418.25 Million | $961.89 Million | ▲ +52.3% |
| 2007 | 0.33x | $430.85 Million | $370.51 Million | $1.29 Billion | ▲ +32.5% |
| 2006 | 0.25x | $315.01 Million | $263.59 Million | $1.25 Billion | ▼ -17.6% |
| 2005 | 0.30x | $349.11 Million | $298.07 Million | $1.15 Billion | ▼ -26.8% |
| 2004 | 0.42x | $325.69 Million | $259.45 Million | $781.74 Million | ▲ +17.5% |
| 2003 | 0.35x | $191.59 Million | $157.00 Million | $540.38 Million | ▼ -52.4% |
| 2002 | 0.75x | $257.61 Million | $219.65 Million | $345.64 Million | ▼ -1.8% |
| 2001 | 0.76x | $231.56 Million | $189.15 Million | $305.17 Million | ▼ -13.5% |
| 2000 | 0.88x | $210.95 Million | $175.59 Million | $240.56 Million | ▲ +49.0% |
| 1999 | 0.59x | $172.00 Million | $150.20 Million | $292.20 Million | ▲ +91.9% |
| 1998 | 0.31x | $128.40 Million | $110.20 Million | $418.50 Million | ▼ -46.4% |
| 1997 | 0.57x | $275.60 Million | $96.40 Million | $481.70 Million | ▲ +161.3% |
| 1996 | 0.22x | $65.80 Million | $55.70 Million | $300.50 Million | ▼ -1.8% |
| 1995 | 0.22x | $52.50 Million | $46.20 Million | $235.50 Million | — |