United Therapeutics Corporation (UTHR) vs Waters Corporation (WAT)
A side-by-side comparison of United Therapeutics Corporation and Waters Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.
UTHR
United Therapeutics Corporation
$523.63HealthcareDelayed quote: Jul 28, 2026, 4:00 PM EDT
WAT
Waters Corporation
$383.90HealthcareDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — UTHR vs WAT
growth of $100 · dividends reinvested · last 27yUTHR +8563.6%WAT +1307.4%UTHR compounded faster
Log scale — wide-divergence pair
UTHR WAT
UTHR vs WAT: by the numbers
- •WAT is the larger company ($25.02B vs $22.23B market cap).
- •UTHR trades at the lower trailing earnings multiple (19.52 vs 47.17 P/E), one valuation lens rather than an overall verdict.
- •UTHR converts more revenue to profit (40.61% vs 11.91% net margin).
- •UTHR grew revenue faster over the past five years (16.05% vs 8.48% CAGR).
Metrics side by side
Valuation
| Metric | UTHR | WAT |
|---|---|---|
| P/E ratio | 19.52 | 47.17 |
| Forward P/E | 18.94 | 25.56 |
| P/S ratio | 7.86 | 8.09 |
| P/B ratio | 4.22 | 1.99 |
| PEG ratio | 1.16 | 75.61 |
| EV / EBITDA | 15.63 | 37.36 |
| FCF yield | 4.08% | 0.87% |
Profitability
| Metric | UTHR | WAT |
|---|---|---|
| Gross margin | 86.58% | 55.02% |
| Operating margin | 45.34% | 28.22% |
| Net margin | 40.61% | 11.91% |
| ROE | 21.82% | 2.94% |
| ROIC | 16.13% | 17.57% |
Growth (annualized)
| Metric | UTHR | WAT |
|---|---|---|
| Revenue CAGR (5Y) | 16.05% | 8.48% |
| EPS CAGR (5Y) | 20.93% | 5.16% |
| FCF CAGR (5Y) | 12.12% | -17.63% |
| Total return CAGR (5Y) | 23.16% | -0.39% |
Frequently asked
- Which has the lower trailing P/E, UTHR or WAT?
- UTHR has the lower trailing P/E: UTHR trades at 19.52 and WAT at 47.17. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, UTHR or WAT?
- Over the past five years, UTHR grew revenue faster — UTHR at a 16.05% CAGR versus WAT at 8.48%.
- Is UTHR or WAT more profitable?
- UTHR runs the higher net margin — UTHR at 40.61% versus WAT at 11.91%.
- How have UTHR and WAT total returns compared?
- Over the past 10 years, UTHR delivered 16.65% and WAT delivered 8.96% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
United Therapeutics P/E ratioWaters P/E ratioUnited Therapeutics dividend yieldWaters dividend yieldUnited Therapeutics ROEWaters ROEUnited Therapeutics operating marginWaters operating marginUnited Therapeutics revenue growthWaters revenue growthUnited Therapeutics free cash flowWaters free cash flow
United Therapeutics & Waters appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 28, 2026.