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).
UTHR
United Therapeutics Corporation
$545.96Healthcare
WAT
Waters Corporation
$355.53Healthcare
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 3It depends on what you're optimizing for:
ValueUTHR(lower P/E)
GrowthUTHR(faster 5Y revenue CAGR)
QualityWAT(higher ROIC)
Valuation
| Metric | UTHR | WAT |
|---|---|---|
| P/E ratio | 20.18● | 45.18 |
| Forward P/E | 16.48● | 21.65 |
| P/S ratio | 8.13 | 7.74● |
| P/B ratio | 4.37 | 1.91● |
| PEG ratio | 1.16● | 75.62 |
| EV / EBITDA | 14.41● | 37.11 |
| FCF yield | 3.95%● | 0.90% |
Profitability
| Metric | UTHR | WAT |
|---|---|---|
| Gross margin | 86.58%● | 55.02% |
| Operating margin | 45.34%● | 17.08% |
| Net margin | 40.61%● | 11.91% |
| ROE | 21.82%● | 2.94% |
| ROIC | 16.14% | 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) | 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.
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 June 13, 2026.