Waters Corporation

WAT|Healthcare|Diagnostics & Research|$298.99|P/E 27.8|MCap 29.3B|NYSE

Last update: Mar 22, 2026 at 18:10

About Waters Corporation

Waters Corporation is a leading provider of analytical instruments and software solutions for scientific research and quality control in laboratory environments worldwide. The company specializes in liquid chromatography, mass spectrometry, and thermal analysis technologies that deliver essential molecular and physical property information to support product development and quality assurance. Waters serves three primary markets: biopharmaceutical firms utilizing its instruments for drug development and regulatory compliance, industrial clients across various manufacturing sectors, and academic and government research institutions. The company's analytical instruments are considered gold standards in their applications, particularly in liquid chromatography-mass spectrometry for biopharmaceutical research. In early 2026, Waters is undergoing a significant merger with BD's life science and diagnostics business, which will expand its portfolio and market reach into diagnostics and discovery-related life science tools, fundamentally broadening the company's service offerings and customer concentrations.

Dividend Overview

Dividend Yield

0.00%

Annual Dividend

$0.00

Frequency

Unknown

Payout Ratio

0.00%

FCF Payout Ratio

0.00%

Stock Price

$298.99

52-Week Range

$275.05 – $414.15

Dividend Health Score

Very Safe

Dividend Health Assessment

WAT's dividend appears very safe. Strengths include a 0.0% earnings payout ratio and 0.0% fcf payout ratio. Areas of concern: 0 yrs dividend streak.

Based on 12 of 14 metrics

Payout & Coverage

Very Safe

Earnings Payout Ratio

0.0%Very Safe

FCF Payout Ratio

0.0%Very Safe

CFO Payout Ratio

N/AN/A

Interest Coverage

11.9xVery Safe

Balance Sheet

Safe

Net Debt / Total Assets

17.8%Safe

Current Ratio

1.7xSafe

Debt-to-Equity

60.3Safe

Profitability

Very Safe

Return on Equity

29.3%Very Safe

Operating Margin

33.8%Very Safe

Gross Margin

61.1%Very Safe

Profit Margin Stability

Very StableVery Safe

Dividend Track Record

Caution

Dividend Streak

0 yrsDanger

5-Year Dividend CAGR

N/AN/A

Earnings Stability

GrowingVery Safe

Dividend History (2016–2025)

Earnings & Profitability

WAT earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

November 26, 1996

Next Payment Date

—

Dividend Growth

3-Year Dividend CAGR

N/A

5-Year Dividend CAGR

N/A

10-Year Dividend CAGR

N/A

3-Year Total Growth

N/A

5-Year Total Growth

N/A

10-Year Total Growth

N/A

Income Calculator

WAT Dividend Calculator

Number of Shares

Total Investment

$29,899.00

Annual Income

$0.00

Quarterly Income

$0.00

Monthly Income

$0.00

Frequently Asked Questions

What is WAT's current dividend yield?

Waters Corporation (WAT) currently has a dividend yield of 0.00%, based on a stock price of $298.99 and an annual dividend of $0.00.

When is WAT's next dividend payment date?

WAT's next ex-dividend date is 1996-11-26 and the next payment date is null. You must own the stock before the ex-dividend date to receive the upcoming payment.

How much does WAT pay in dividends per year?

Waters Corporation pays dividends unknown. Annual dividend data is not yet available.

Has WAT been increasing its dividend?

Waters Corporation has grown its dividend at a 5-year CAGR of —.

Is WAT's dividend safe?

Waters Corporation has a payout ratio of 0.00%. Its free cash flow payout ratio is 0.00%. A payout ratio below 60% is generally considered sustainable.

How is WAT's Dividend Health Score calculated?

The Dividend Health Score evaluates Waters Corporation's dividend sustainability across four categories: Payout & Coverage (40%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (20%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for healthcare companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Health Score, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.