United Therapeutics Corporation (UTHR) vs Waters Corporation (WAT)

UTHR leads on 13 of 16 compared metrics.

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 June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Not enough overlapping price history to compare UTHR and WAT.

UTHR vs WAT: by the numbers

  • WAT is the larger company ($23.17B vs $23.17B market cap).
  • UTHR trades at the lower earnings multiple (20.18 vs 45.18 P/E).
  • 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).

Which is better, UTHR or WAT?

Metric tally: UTHR 13 · WAT 3

It depends on what you're optimizing for:

ValueUTHR(lower P/E)
GrowthUTHR(faster 5Y revenue CAGR)
QualityWAT(higher ROIC)

Valuation

MetricUTHRWAT
P/E ratio20.1845.18
Forward P/E16.4821.65
P/S ratio8.137.74
P/B ratio4.371.91
PEG ratio1.1675.62
EV / EBITDA14.4137.11
FCF yield3.95%0.90%

Profitability

MetricUTHRWAT
Gross margin86.58%55.02%
Operating margin45.34%17.08%
Net margin40.61%11.91%
ROE21.82%2.94%
ROIC16.14%17.57%

Growth (annualized)

MetricUTHRWAT
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)24.96%1.10%

Frequently asked

Which is better, UTHR or WAT?
It depends on your goal. value: UTHR (lower P/E); growth: UTHR (faster 5Y revenue CAGR); quality: WAT (higher ROIC). Across all compared metrics, UTHR leads 13 to 3.
Is UTHR or WAT cheaper?
On trailing earnings, UTHR is cheaper: UTHR trades at a 20.18 P/E and WAT at 45.18.
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%.
Which has been the better investment, UTHR or WAT?
Over the past 10-year, UTHR delivered the higher annualized total return — UTHR at 17.22% versus WAT at 9.92%. Past performance doesn't predict future results.

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 June 13, 2026.