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Waters Corporation (WAT)
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Waters Corporation (WAT) EV/EBIT Ratio: 54.26x

Is Waters Corporation’s EV/EBIT ratio high or low?

Waters Corporation's EV/EBIT ratio of 54.26x is 107% above its 5-year average of 26.24x, near the high end of its 5-year range (18.62x–56.86x).

As of Thursday, June 11, 2026. 96.96% above its 12-month average of 27.55x.

WAT EV/EBIT Ratio Chart

WAT EV/EBIT Ratio
54.26x+107.81% 1Y
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WAT Average EV/EBIT Ratio Chart

WAT Current vs Average EV/EBIT Ratio Chart

WAT EV/EBIT Ratio Metrics

EV/EBIT RATIO

54.26x

EV/EBIT RATIO AVG TTM

27.55x

EV/EBIT RATIO AVG 3Y

26.51x

EV/EBIT RATIO AVG 5Y

26.24x

EV/EBIT RATIO AVG 10Y

25.03x

EV/EBIT RATIO AVG 15Y

22.94x

EV/EBIT RATIO AVG 20Y

21.55x

CURRENT VS TTM AVG

+96.96%

CURRENT VS 3Y AVG

+104.71%

CURRENT VS 5Y AVG

+106.81%

CURRENT VS 10Y AVG

+116.79%

CURRENT VS 15Y AVG

+136.56%

CURRENT VS 20Y AVG

+151.74%

WAT Competitors' EV/EBIT Ratio

NAMEMARKET CAPEV/EBIT RATIOTTM3Y5Y
Waters Corporation (WAT)$23.21B54.26x27.55x26.51x26.24x
United Therapeutics Corporation (UTHR)$23.15B17.17x13.73x11.86x13.36x
Mettler-Toledo International Inc. (MTD)$22.82B21.89x26.08x26.29x29.24x
BioNTech SE (BNTX)$22.39BN/A4.91x5.85x5.85x
Veeva Systems Inc. (VEEV)$26.31B26.56x45.54x60.66x66.33x
Moderna, Inc. (MRNA)$18.71BN/A23.08x30.94x30.94x
DexCom, Inc. (DXCM)$28.92B28.80x38.63x65.25x101.86x
Biogen Inc. (BIIB)$28.94B20.85x13.29x14.80x15.73x
Hologic, Inc. (HOLX)$16.97B24.28x22.66x24.05x18.32x
IQVIA Holdings Inc. (IQV)$30.08B13.37x20.38x24.02x30.00x

Waters Corporation EV/EBIT Ratio Formula & Definition

EV/EBIT = Enterprise Value / EBIT (TTM)

Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Waters Corporation EV/EBIT Ratio FAQ

What is the EV/EBIT ratio for Waters Corporation (WAT)?
The EV/EBIT ratio for WAT stock is 54.26x.
Is Waters Corporation's EV/EBIT ratio high or low?
Waters Corporation's EV/EBIT ratio of 54.26x is 107% above its 5-year average of 26.24x, near the high end of its 5-year range (18.62x–56.86x).
What is the TTM average EV/EBIT ratio for Waters Corporation (WAT)?
The TTM average EV/EBIT ratio for WAT stock is 27.55x.
What is the 3Y average EV/EBIT ratio for Waters Corporation (WAT)?
The 3Y average EV/EBIT ratio for WAT stock is 26.51x.
What is the 5Y average EV/EBIT ratio for Waters Corporation (WAT)?
The 5Y average EV/EBIT ratio for WAT stock is 26.24x.
What is the 10Y average EV/EBIT ratio for Waters Corporation (WAT)?
The 10Y average EV/EBIT ratio for WAT stock is 25.03x.
What is the 15Y average EV/EBIT ratio for Waters Corporation (WAT)?
The 15Y average EV/EBIT ratio for WAT stock is 22.94x.
What is the 20Y average EV/EBIT ratio for Waters Corporation (WAT)?
The 20Y average EV/EBIT ratio for WAT stock is 21.55x.

Waters Corporation EV/EBIT Ratio History

DATEEV/EBIT RATIO
2026-06-1054.26x
2026-06-0955.28x
2026-06-0854.28x
2026-06-0554.54x
2026-06-0455.96x
2026-06-0356.38x
2026-06-0255.38x
2026-06-0156.17x
2026-05-2956.86x
2026-05-2854.71x
2026-05-2751.58x
2026-05-2651.13x
2026-05-2251.61x
2026-05-2151.43x
2026-05-2051.47x
2026-05-1950.44x
2026-05-1850.31x
2026-05-1549.93x
2026-05-1450.44x
2026-05-1350.66x
2026-05-1252.86x
2026-05-1125.76x
2026-05-0826.26x
2026-05-0725.93x
2026-05-0625.86x
2026-05-0525.37x
2026-05-0422.48x
2026-05-0122.85x
2026-04-3023.00x
2026-04-2921.79x
2026-04-2822.40x
2026-04-2722.33x
2026-04-2423.05x
2026-04-2323.14x
2026-04-2224.79x
2026-04-2124.85x
2026-04-2024.87x
2026-04-1724.32x
2026-04-1623.70x
2026-04-1524.21x
2026-04-1424.55x
2026-04-1324.10x
2026-04-1023.77x
2026-04-0923.60x
2026-04-0823.66x
2026-04-0722.87x
2026-04-0622.64x
2026-04-0222.65x
2026-04-0122.34x
2026-03-3122.19x
2026-03-3021.88x
2026-03-2721.58x
2026-03-2622.39x
2026-03-2522.51x
2026-03-2422.48x
2026-03-2322.48x
2026-03-2022.28x
2026-03-1922.32x
2026-03-1822.00x
2026-03-1722.14x
2026-03-1621.64x
2026-03-1321.40x
2026-03-1221.17x
2026-03-1122.17x
2026-03-1022.32x
2026-03-0922.75x
2026-03-0622.53x
2026-03-0523.45x
2026-03-0423.70x
2026-03-0323.21x
2026-03-0222.86x
2026-02-2723.72x
2026-02-2623.97x
2026-02-2523.73x
2026-02-2424.21x
2026-02-2324.32x
2026-02-2025.35x
2026-02-1925.02x
2026-02-1824.94x
2026-02-1724.49x
2026-02-1324.63x
2026-02-1224.38x
2026-02-1125.06x
2026-02-1024.90x
2026-02-0924.98x
2026-02-0628.82x
2026-02-0528.51x
2026-02-0429.04x
2026-02-0328.65x
2026-02-0228.68x
2026-01-3028.06x
2026-01-2928.38x
2026-01-2829.09x
2026-01-2729.46x
2026-01-2629.52x
2026-01-2329.62x
2026-01-2230.21x
2026-01-2129.94x
2026-01-2029.01x
2026-01-1629.26x
2026-01-1529.79x
2026-01-1429.69x
2026-01-1329.75x
2026-01-1229.72x
2026-01-0929.94x
2026-01-0829.93x
2026-01-0730.13x
2026-01-0630.22x
2026-01-0529.81x
2026-01-0228.87x
2025-12-3128.72x
2025-12-3029.02x
2025-12-2929.10x
2025-12-2629.17x
2025-12-2429.08x
2025-12-2328.96x
2025-12-2229.03x
2025-12-1928.59x
2025-12-1828.46x
2025-12-1728.52x
2025-12-1628.62x
2025-12-1529.12x
2025-12-1229.12x
2025-12-1129.61x
2025-12-1029.87x
2025-12-0929.18x
2025-12-0829.65x
2025-12-0529.80x
2025-12-0429.91x
2025-12-0330.00x
2025-12-0230.08x
2025-12-0130.02x
2025-11-2830.42x
2025-11-2630.69x
2025-11-2531.08x
2025-11-2430.14x
2025-11-2129.74x
2025-11-2028.63x
2025-11-1928.46x
2025-11-1828.49x
2025-11-1728.58x
2025-11-1428.69x
2025-11-1328.68x
2025-11-1229.26x
2025-11-1129.17x
2025-11-1028.48x
2025-11-0728.13x
2025-11-0628.09x
2025-11-0528.15x
2025-11-0427.81x
2025-11-0325.83x
2025-10-3126.12x
2025-10-3025.64x
2025-10-2925.68x
2025-10-2825.86x
2025-10-2726.27x
2025-10-2426.82x
2025-10-2326.55x
2025-10-2226.05x
2025-10-2126.09x
2025-10-2025.66x
2025-10-1725.06x
2025-10-1625.08x
2025-10-1524.90x
2025-10-1424.95x
2025-10-1325.18x
2025-10-1024.80x
2025-10-0924.76x
2025-10-0824.57x
2025-10-0723.91x
2025-10-0624.56x
2025-10-0324.62x
2025-10-0224.16x
2025-10-0124.01x
2025-09-3022.60x
2025-09-2921.86x
2025-09-2622.02x
2025-09-2521.75x
2025-09-2422.09x
2025-09-2322.55x
2025-09-2222.79x
2025-09-1922.67x
2025-09-1823.06x
2025-09-1722.87x
2025-09-1622.83x
2025-09-1522.54x
2025-09-1222.28x
2025-09-1122.78x
2025-09-1022.12x
2025-09-0922.65x
2025-09-0823.27x
2025-09-0523.06x
2025-09-0422.59x
2025-09-0321.91x
2025-09-0222.36x
2025-08-2922.74x
2025-08-2822.44x
2025-08-2722.23x
2025-08-2622.34x
2025-08-2522.54x
2025-08-2222.76x
2025-08-2121.93x
2025-08-2022.38x
2025-08-1922.45x
2025-08-1821.86x
2025-08-1522.01x
2025-08-1422.15x
2025-08-1322.39x
2025-08-1221.59x
2025-08-1121.14x
2025-08-0821.28x
2025-08-0721.05x
2025-08-0621.03x
2025-08-0521.28x
2025-08-0421.59x
2025-08-0121.90x
2025-07-3121.79x
2025-07-3022.52x
2025-07-2922.81x
2025-07-2822.75x
2025-07-2522.79x
2025-07-2422.48x
2025-07-2322.28x
2025-07-2221.70x
2025-07-2121.29x
2025-07-1821.70x
2025-07-1722.37x
2025-07-1621.85x
2025-07-1521.85x
2025-07-1422.88x
2025-07-1126.33x
2025-07-1026.35x
2025-07-0926.06x
2025-07-0825.96x
2025-07-0725.89x
2025-07-0326.14x
2025-07-0226.26x
2025-07-0126.62x
2025-06-3026.05x
2025-06-2726.29x
2025-06-2626.47x
2025-06-2526.12x
2025-06-2425.89x
2025-06-2325.61x
2025-06-2025.60x
2025-06-1825.37x
2025-06-1725.49x
2025-06-1625.97x
2025-06-1325.58x
2025-06-1226.09x
2025-06-1125.84x
2025-06-1026.11x
2025-06-0926.00x
2025-06-0626.20x
2025-06-0525.86x
2025-06-0426.34x
2025-06-0326.08x
2025-06-0225.67x
2025-05-3026.07x
2025-05-2926.50x

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

About Waters Corporation

Waters Corporation is a global leader in specialized measurement, delivering analytical solutions across Asia, the Americas, and Europe. The company operates through two main divisions: Waters and TA. Under its Waters segment, it engineers, manufactures, sells, and provides support for high and ultra-performance liquid chromatography and mass spectrometry (MS) systems. This includes essential consumables like chromatography columns and comprehensive post-warranty service plans. The TA segment focuses on designing, producing, selling, and servicing instruments for thermal analysis, rheometry, and calorimetry. Additionally, Waters develops and supplies sophisticated software that integrates with both its own instruments and those from other manufacturers. The company's advanced MS technology plays a crucial role in various applications, such as drug discovery and development (including clinical trial assessments), analyzing proteins involved in disease processes, ensuring nutritional safety, and conducting environmental testing. Its thermal analysis, rheometry, and calorimetry instruments are vital for assessing the suitability and stability of a wide range of materials, including fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids. These instruments support diverse sectors like industrial manufacturing, consumer goods, healthcare products, and life science research. Waters' extensive client base spans the life sciences, pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental sectors, where its products are instrumental in research and development, quality assurance, and general laboratory operations. Established in 1958, Waters Corporation is headquartered in Milford, Massachusetts.

Milford, MA
7,600 employees
Healthcare / Medical - Diagnostics & Research
Sector
Healthcare
Industry
Medical - Diagnostics & Research
CEO
Udit Batra