Waters Corporation, the world's leading specialty measurement company, has pioneered chromatography, mass spectrometry, and thermal analysis innovations serving the life, materials, and food sciences for more than 60 years. With more than 7,000 employees worldwide, Waters operates directly in 35 countries, including 15 manufacturing facilities, and with products available in more than 100 countries.
Company profile
Ticker
WAT
Exchange
Website
CEO
Christopher O'Connell
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Agilent • Bio-Rad Laboratories • Illumina • Avantor • Mettler-Toledo International • Bruker • Perkinelmer • Seer • Cue Health • Cytek BioSciences ...
SEC CIK
Corporate docs
Subsidiaries
Waters Technologies Corporation • Andrew Alliance SA • Environmental Resource Associates, Inc. • Integrated Software Solutions Pty Limited • Integrated Software Solutions Limited • Integrated Software Solutions USA, LLC • TA Instruments-Waters LLC • Waters AG • Waters Australia PTY LTD. • Waters India Pvt. Ltd. ...
IRS number
133668640
WAT stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
7 Mar 23
10-K
2022 FY
Annual report
27 Feb 23
8-K
And Full-Year 2022 Financial Results
15 Feb 23
8-K
Regulation FD Disclosure
9 Jan 23
8-K/A
Departure of Directors or Certain Officers
14 Dec 22
8-K
Waters Corporation Appoints Dan Brennan and Mark Vergnano to Board of Directors
23 Nov 22
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
Sales of $709 million grew 7% as reported and 15% in constant currency
1 Nov 22
10-Q
2022 Q2
Quarterly report
4 Aug 22
8-K
Sales of $714 million grew 5% as reported and 10% in constant currency
2 Aug 22
Transcripts
WAT
Earnings call transcript
2022 Q4
15 Feb 23
WAT
Earnings call transcript
2022 Q3
1 Nov 22
WAT
Earnings call transcript
2022 Q2
2 Aug 22
WAT
Earnings call transcript
2022 Q1
3 May 22
WAT
Earnings call transcript
2021 Q4
1 Feb 22
WAT
Earnings call transcript
2021 Q3
2 Nov 21
WAT
Earnings call transcript
2021 Q2
3 Aug 21
WAT
Earnings call transcript
2021 Q1
5 May 21
WAT
Earnings call transcript
2020 Q4
2 Feb 21
WAT
Earnings call transcript
2020 Q3
27 Oct 20
Latest ownership filings
4
Jonathan M Pratt
2 Mar 23
4
MARK P VERGNANO
1 Mar 23
SC 13G
Fundsmith LLP
14 Feb 23
4
Jonathan M Pratt
10 Feb 23
4
Amol Chaubal
10 Feb 23
4
Jianqing Bennett
10 Feb 23
4
Udit Batra
10 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
SC 13G/A
Bank of New York Mellon Corp
27 Jan 23
SC 13G/A
BlackRock Inc.
24 Jan 23
Financial summary
| Quarter (USD) | Dec 22 | Oct 22 | Jul 22 | Apr 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 480.53 mm | 480.53 mm | 480.53 mm | 480.53 mm | 480.53 mm | 480.53 mm |
| Cash burn (monthly) | (no burn) | 1.73 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 4.87 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 475.66 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 275.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
89.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 633 |
| Opened positions | 87 |
| Closed positions | 78 |
| Increased positions | 191 |
| Reduced positions | 228 |
| 13F shares | Current |
|---|---|
| Total value | 18.01 tn |
| Total shares | 52.84 mm |
| Total puts | 83.30 k |
| Total calls | 80.30 k |
| Total put/call ratio | 1.0 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 6.80 mm | $2.33 tn |
| BLK Blackrock | 6.59 mm | $2.26 tn |
| Fundsmith | 3.69 mm | $1.26 tn |
| BK Bank Of New York Mellon | 3.49 mm | $1.20 tn |
| Massachusetts Financial Services | 2.66 mm | $910.03 bn |
| STT State Street | 2.63 mm | $899.80 bn |
| Geode Capital Management | 1.20 mm | $409.93 bn |
| Wellington Management | 1.10 mm | $377.37 bn |
| Fundsmith Investment Services | 835.24 k | $286.14 bn |
| MS Morgan Stanley | 802.58 k | $274.95 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mar 23 | Jonathan M Pratt | Common Stock | Payment of exercise | Dispose F | No | No | 309.25 | 469 | 145.04 k | 4,020 |
| 1 Mar 23 | Jonathan M Pratt | Common Stock | Grant | Acquire A | No | No | 309.25 | 1,826 | 564.69 k | 4,489 |
| 1 Mar 23 | Jonathan M Pratt | Common Stock | Payment of exercise | Dispose F | No | No | 309.25 | 388 | 119.99 k | 2,663 |
| 1 Mar 23 | Jonathan M Pratt | Common Stock | Grant | Acquire A | No | No | 309.25 | 1,570 | 485.52 k | 3,051 |
| 28 Feb 23 | Mark P Vergnano | Common Stock | Buy | Acquire P | No | No | 313.321 | 3,185 | 997.93 k | 3,557 |
| 8 Feb 23 | Udit Batra | Stock Option Common Stock | Grant | Acquire A | No | No | 342.29 | 28,978 | 9.92 mm | 28,978 |
| 8 Feb 23 | Jianqing Bennett | Stock Option Common Stock | Grant | Acquire A | No | No | 342.29 | 5,679 | 1.94 mm | 5,679 |
| 8 Feb 23 | Chaubal Amol | Stock Option Common Stock | Grant | Acquire A | No | No | 342.29 | 7,727 | 2.64 mm | 7,727 |
News
Citigroup Maintains Neutral on Waters, Raises Price Target to $340
16 Feb 23
Wells Fargo Maintains Equal-Weight on Waters, Raises Price Target to $345
16 Feb 23
Baird Maintains Neutral on Waters, Raises Price Target to $345
16 Feb 23
Waters Q4 Adj EPS $3.84 Beats $3.73 Estimate, Sales $858.51M Beat $833.05M Estimate
15 Feb 23
Waters to Acquire Light Scattering Instrument and Software Leader Wyatt Technology For $1.4B Cash; To Temporarily Suspend Buyback
15 Feb 23
Press releases
Waters Introduces Next-Generation Alliance iS HPLC System Aimed at Reducing Up to 40% of Common Lab Errors
20 Mar 23
Waters' New Battery Cycler Microcalorimeter Solution Accelerates Real-World Testing from Months to Weeks
20 Mar 23
Waters Corporation Presentation at the Cowen 43rd Annual Health Care Conference to be Webcast Live
23 Feb 23
Waters Corporation (NYSE: WAT) Reports Fourth Quarter and Full-Year 2022 Financial Results
15 Feb 23
Waters Corporation to Acquire Wyatt Technology, Light Scattering Instrument and Software Leader
15 Feb 23