Waters Corporation (NYSE:WAT) — Market Cap & Net Worth

$34.91 Billion USD  · Rank #765

Market Cap & Net Worth: Waters Corporation (WAT)

Waters Corporation (NYSE:WAT) has a market capitalization of $34.91 Billion ($34.91 Billion) as of August 1, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #765 globally and #346 in its home market, demonstrating a -1.33% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Waters Corporation's stock price $377.31 by its total outstanding shares 98185855 (98.19 Million). See Waters Corporation (WAT) reinvestment ratio to understand how much of operating cash flow is reinvested back into capital assets.

Waters Corporation Market Cap History: 2015 to 2026

Waters Corporation's market capitalization history from 2015 to 2026. Data shows growth from $13.21 Billion to $37.05 Billion (11.07% CAGR).

Index Memberships

Waters Corporation is a constituent of 2 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
ARCA Biotechnology
BTK
$935.64 Billion 3.73% #7 of 30
S&P 500 Index
GSPC
$61.17 Trillion 0.04% #258 of 503

Weight: Waters Corporation's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Waters Corporation Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Waters Corporation's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

11.78x

Waters Corporation's market cap is 11.78 times its annual revenue

Industry average: 0.54x Higher than industry average

Latest Price to Earnings (P/E) Ratio

58.03x

Waters Corporation's market cap is 58.03 times its annual earnings

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $13.20 Billion $2.17 Billion $521.50 Million 6.09x 25.30x
2017 $18.97 Billion $2.31 Billion $20.31 Million 8.21x 933.90x
2018 $18.52 Billion $2.42 Billion $593.79 Million 7.65x 31.19x
2019 $22.94 Billion $2.41 Billion $592.20 Million 9.53x 38.74x
2020 $24.29 Billion $2.37 Billion $521.57 Million 10.27x 46.58x
2021 $36.58 Billion $2.79 Billion $692.84 Million 13.13x 52.80x
2022 $33.64 Billion $2.97 Billion $707.75 Million 11.32x 47.53x
2023 $32.33 Billion $2.96 Billion $642.23 Million 10.93x 50.33x
2024 $36.42 Billion $2.96 Billion $637.83 Million 12.31x 57.11x
2025 $37.29 Billion $3.17 Billion $642.63 Million 11.78x 58.03x

Competitor Companies of WAT by Market Capitalization

Companies near Waters Corporation in the global market cap rankings as of August 1, 2026.

Key companies related to Waters Corporation by market ranking:

  • Thermo Fisher Scientific Inc (NYSE:TMO): Ranked #87 globally with a market cap of $215.77 Billion USD.
  • Danaher Corporation (NYSE:DHR): Ranked #169 globally with a market cap of $137.72 Billion USD.
  • WuXi AppTec Co Ltd (SHG:603259): Ranked #577 globally with a market cap of $46.48 Billion USD ( CN¥317.64 Billion CNY).
  • IDEXX Laboratories Inc (NASDAQ:IDXX): Ranked #616 globally with a market cap of $43.83 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#87 Thermo Fisher Scientific Inc NYSE:TMO $215.77 Billion $574.30
#169 Danaher Corporation NYSE:DHR $137.72 Billion $194.98
#577 WuXi AppTec Co Ltd SHG:603259 $46.48 Billion CN¥128.43
#616 IDEXX Laboratories Inc NASDAQ:IDXX $43.83 Billion $559.07

Waters Corporation Historical Marketcap From 2015 to 2026

Between 2015 and today, Waters Corporation's market cap moved from $13.21 Billion to $ 37.05 Billion, with a yearly change of 11.07%.

Year Market Cap Change (%)
2026 $37.05 Billion -0.66%
2025 $37.29 Billion +2.39%
2024 $36.42 Billion +12.68%
2023 $32.33 Billion -3.90%
2022 $33.64 Billion -8.06%
2021 $36.58 Billion +50.59%
2020 $24.29 Billion +5.89%
2019 $22.94 Billion +23.85%
2018 $18.52 Billion -2.35%
2017 $18.97 Billion +43.75%
2016 $13.20 Billion -0.14%
2015 $13.21 Billion --

End of Day Market Cap According to Different Sources

On Aug 1st, 2026 the market cap of Waters Corporation was reported to be:

Source Market Cap
Yahoo Finance $34.91 Billion USD
MoneyControl $34.91 Billion USD
MarketWatch $34.91 Billion USD
marketcap.company $34.91 Billion USD
Reuters $34.91 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Waters Corporation

NYSE:WAT USA Diagnostics & Research
Market Cap
$37.05 Billion
Market Cap Rank
#765 Global
#346 in USA
Share Price
$377.31
Change (1 day)
-0.79%
52-Week Range
$277.72 - $412.54
All Time High
$424.70
About

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