Waters Corporation (WAT) Free Cash Flow Yield: 0.88%
Is Waters Corporation’s free cash flow yield high or low?
Waters Corporation's free cash flow yield of 0.88% is 67% below its 5-year average of 2.70%, near the low end of its 5-year range (0.84%–3.74%).
The free cash flow yield for Waters Corporation (WAT) is 0.88% as of Wednesday, June 10, 2026. It is below its 12-month average by 68.88% (2.83%).
WAT Free Cash Flow Yield Chart
WAT Average Free Cash Flow Yield Chart
WAT Current vs Average Free Cash Flow Yield Chart
WAT Free Cash Flow Yield Metrics
FREE CASH FLOW YIELD
0.88%
FREE CASH FLOW YIELD AVG TTM
2.83%
FREE CASH FLOW YIELD AVG 3Y
2.68%
FREE CASH FLOW YIELD AVG 5Y
2.70%
FREE CASH FLOW YIELD AVG 10Y
3.16%
FREE CASH FLOW YIELD AVG 15Y
3.61%
FREE CASH FLOW YIELD AVG 20Y
4.05%
CURRENT VS TTM AVG
-68.88%
CURRENT VS 3Y AVG
-67.12%
CURRENT VS 5Y AVG
-67.42%
CURRENT VS 10Y AVG
-72.18%
CURRENT VS 15Y AVG
-75.61%
CURRENT VS 20Y AVG
-78.30%
WAT Competitors' Free Cash Flow Yield
| NAME | MARKET CAP | FREE CASH FLOW YIELD | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Waters Corporation (WAT) | — | 0.88% | 2.83% | 2.68% | 2.70% |
| Mettler-Toledo International Inc. (MTD) | $22.85B | 3.46% | 3.21% | 3.24% | 2.88% |
| BioNTech SE (BNTX) | $21.81B | 6.86% | 3.80% | 18.89% | 19.80% |
| Veeva Systems Inc. (VEEV) | $26.73B | 1.91% | 3.52% | 3.07% | 2.74% |
| Biogen Inc. (BIIB) | $29.00B | 8.99% | 9.20% | 6.93% | 6.70% |
| DexCom, Inc. (DXCM) | $29.24B | 4.80% | 3.32% | 2.08% | 1.41% |
| Moderna, Inc. (MRNA) | $18.40B | N/A | 8.49% | 9.09% | 9.09% |
| IQVIA Holdings Inc. (IQV) | $30.60B | 8.58% | 7.33% | 5.49% | 5.07% |
| Hologic, Inc. (HOLX) | $16.97B | 5.82% | 6.30% | 5.70% | 7.89% |
| Medline Inc. (MDLN) | $30.90B | 5.06% | 4.78% | 4.78% | 4.78% |
Yield Comparison
FCF Yield
0.88%
Earnings Yield
2.15%
Dividend Yield
0.01%
Formula: FCF Yield = (Free Cash Flow / Market Cap) × 100
How FCF Yield is used:
- Shows free cash flow after capital expenditures relative to market cap
- Can be compared with earnings yield and dividend yield
- Can be compared with the company's historical range
- Can be compared with peers that report positive free cash flow
FCF vs earnings: Differences between FCF yield and earnings yield can reflect capital expenditures, working capital changes, and other non-cash accounting items.
Waters Corporation Free Cash Flow Yield Formula & Definition
FCF Yield measures free cash flow relative to market capitalization. It compares cash generation after capital expenditures with the equity value of the company.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Waters Corporation Free Cash Flow Yield FAQ
- What is the free cash flow yield for Waters Corporation (WAT)?
- The free cash flow yield for WAT stock is 0.88%.
- Is Waters Corporation's free cash flow yield high or low?
- Waters Corporation's free cash flow yield of 0.88% is 67% below its 5-year average of 2.70%, near the low end of its 5-year range (0.84%–3.74%).
- What is the TTM average free cash flow yield for Waters Corporation (WAT)?
- The TTM average free cash flow yield for WAT stock is 2.83%.
- What is the 3Y average free cash flow yield for Waters Corporation (WAT)?
- The 3Y average free cash flow yield for WAT stock is 2.68%.
- What is the 5Y average free cash flow yield for Waters Corporation (WAT)?
- The 5Y average free cash flow yield for WAT stock is 2.70%.
- What is the 10Y average free cash flow yield for Waters Corporation (WAT)?
- The 10Y average free cash flow yield for WAT stock is 3.16%.
- What is the 15Y average free cash flow yield for Waters Corporation (WAT)?
- The 15Y average free cash flow yield for WAT stock is 3.61%.
- What is the 20Y average free cash flow yield for Waters Corporation (WAT)?
- The 20Y average free cash flow yield for WAT stock is 4.05%.
Waters Corporation Free Cash Flow Yield History
| DATE | FREE CASH FLOW YIELD |
|---|---|
| 2026-06-10 | 0.88% |
| 2026-06-09 | 0.87% |
| 2026-06-08 | 0.88% |
| 2026-06-05 | 0.88% |
| 2026-06-04 | 0.85% |
| 2026-06-03 | 0.85% |
| 2026-06-02 | 0.86% |
| 2026-06-01 | 0.85% |
| 2026-05-29 | 0.84% |
| 2026-05-28 | 0.88% |
| 2026-05-27 | 0.94% |
| 2026-05-26 | 0.95% |
| 2026-05-22 | 0.94% |
| 2026-05-21 | 0.94% |
| 2026-05-20 | 0.94% |
| 2026-05-19 | 0.96% |
| 2026-05-18 | 0.97% |
| 2026-05-15 | 0.98% |
| 2026-05-14 | 0.96% |
| 2026-05-13 | 0.96% |
| 2026-05-12 | 0.91% |
| 2026-05-11 | 2.59% |
| 2026-05-08 | 2.54% |
| 2026-05-07 | 2.58% |
| 2026-05-06 | 2.58% |
| 2026-05-05 | 2.64% |
| 2026-05-04 | 2.99% |
| 2026-05-01 | 2.94% |
| 2026-04-30 | 2.92% |
| 2026-04-29 | 3.09% |
| 2026-04-28 | 3.00% |
| 2026-04-27 | 3.01% |
| 2026-04-24 | 2.91% |
| 2026-04-23 | 2.90% |
| 2026-04-22 | 2.70% |
| 2026-04-21 | 2.69% |
| 2026-04-20 | 2.69% |
| 2026-04-17 | 2.76% |
| 2026-04-16 | 2.83% |
| 2026-04-15 | 2.77% |
| 2026-04-14 | 2.73% |
| 2026-04-13 | 2.78% |
| 2026-04-10 | 2.82% |
| 2026-04-09 | 2.84% |
| 2026-04-08 | 2.84% |
| 2026-04-07 | 2.94% |
| 2026-04-06 | 2.97% |
| 2026-04-02 | 2.97% |
| 2026-04-01 | 3.01% |
| 2026-03-31 | 3.03% |
| 2026-03-30 | 3.08% |
| 2026-03-27 | 3.12% |
| 2026-03-26 | 3.00% |
| 2026-03-25 | 2.99% |
| 2026-03-24 | 2.99% |
| 2026-03-23 | 2.99% |
| 2026-03-20 | 3.02% |
| 2026-03-19 | 3.01% |
| 2026-03-18 | 3.06% |
| 2026-03-17 | 3.04% |
| 2026-03-16 | 3.11% |
| 2026-03-13 | 3.15% |
| 2026-03-12 | 3.19% |
| 2026-03-11 | 3.04% |
| 2026-03-10 | 3.01% |
| 2026-03-09 | 2.96% |
| 2026-03-06 | 2.99% |
| 2026-03-05 | 2.86% |
| 2026-03-04 | 2.83% |
| 2026-03-03 | 2.89% |
| 2026-03-02 | 2.94% |
| 2026-02-27 | 2.83% |
| 2026-02-26 | 2.80% |
| 2026-02-25 | 2.83% |
| 2026-02-24 | 2.77% |
| 2026-02-23 | 2.76% |
| 2026-02-20 | 3.03% |
| 2026-02-19 | 3.07% |
| 2026-02-18 | 3.08% |
| 2026-02-17 | 3.14% |
| 2026-02-13 | 3.12% |
| 2026-02-12 | 3.16% |
| 2026-02-11 | 3.07% |
| 2026-02-10 | 3.09% |
| 2026-02-09 | 3.08% |
| 2026-02-06 | 2.65% |
| 2026-02-05 | 2.68% |
| 2026-02-04 | 2.63% |
| 2026-02-03 | 2.67% |
| 2026-02-02 | 2.66% |
| 2026-01-30 | 2.72% |
| 2026-01-29 | 2.69% |
| 2026-01-28 | 2.62% |
| 2026-01-27 | 2.59% |
| 2026-01-26 | 2.58% |
| 2026-01-23 | 2.57% |
| 2026-01-22 | 2.52% |
| 2026-01-21 | 2.55% |
| 2026-01-20 | 2.63% |
| 2026-01-16 | 2.61% |
| 2026-01-15 | 2.56% |
| 2026-01-14 | 2.57% |
| 2026-01-13 | 2.56% |
| 2026-01-12 | 2.57% |
| 2026-01-09 | 2.55% |
| 2026-01-08 | 2.55% |
| 2026-01-07 | 2.53% |
| 2026-01-06 | 2.52% |
| 2026-01-05 | 2.56% |
| 2026-01-02 | 2.64% |
| 2025-12-31 | 2.66% |
| 2025-12-30 | 2.63% |
| 2025-12-29 | 2.62% |
| 2025-12-26 | 2.62% |
| 2025-12-24 | 2.62% |
| 2025-12-23 | 2.64% |
| 2025-12-22 | 2.63% |
| 2025-12-19 | 2.67% |
| 2025-12-18 | 2.68% |
| 2025-12-17 | 2.68% |
| 2025-12-16 | 2.67% |
| 2025-12-15 | 2.62% |
| 2025-12-12 | 2.62% |
| 2025-12-11 | 2.58% |
| 2025-12-10 | 2.55% |
| 2025-12-09 | 2.62% |
| 2025-12-08 | 2.57% |
| 2025-12-05 | 2.56% |
| 2025-12-04 | 2.55% |
| 2025-12-03 | 2.54% |
| 2025-12-02 | 2.53% |
| 2025-12-01 | 2.54% |
| 2025-11-28 | 2.50% |
| 2025-11-26 | 2.48% |
| 2025-11-25 | 2.45% |
| 2025-11-24 | 2.53% |
| 2025-11-21 | 2.56% |
| 2025-11-20 | 2.67% |
| 2025-11-19 | 2.68% |
| 2025-11-18 | 2.68% |
| 2025-11-17 | 2.67% |
| 2025-11-14 | 2.66% |
| 2025-11-13 | 2.66% |
| 2025-11-12 | 2.61% |
| 2025-11-11 | 2.62% |
| 2025-11-10 | 2.68% |
| 2025-11-07 | 2.72% |
| 2025-11-06 | 2.72% |
| 2025-11-05 | 2.72% |
| 2025-11-04 | 2.75% |
| 2025-11-03 | 3.00% |
| 2025-10-31 | 2.97% |
| 2025-10-30 | 3.03% |
| 2025-10-29 | 3.02% |
| 2025-10-28 | 3.00% |
| 2025-10-27 | 2.95% |
| 2025-10-24 | 2.89% |
| 2025-10-23 | 2.92% |
| 2025-10-22 | 2.98% |
| 2025-10-21 | 2.97% |
| 2025-10-20 | 3.03% |
| 2025-10-17 | 3.10% |
| 2025-10-16 | 3.10% |
| 2025-10-15 | 3.12% |
| 2025-10-14 | 3.12% |
| 2025-10-13 | 3.09% |
| 2025-10-10 | 3.14% |
| 2025-10-09 | 3.14% |
| 2025-10-08 | 3.17% |
| 2025-10-07 | 3.26% |
| 2025-10-06 | 3.17% |
| 2025-10-03 | 3.16% |
| 2025-10-02 | 3.22% |
| 2025-10-01 | 3.25% |
| 2025-09-30 | 3.46% |
| 2025-09-29 | 3.59% |
| 2025-09-26 | 3.56% |
| 2025-09-25 | 3.61% |
| 2025-09-24 | 3.55% |
| 2025-09-23 | 3.47% |
| 2025-09-22 | 3.43% |
| 2025-09-19 | 3.45% |
| 2025-09-18 | 3.39% |
| 2025-09-17 | 3.42% |
| 2025-09-16 | 3.43% |
| 2025-09-15 | 3.47% |
| 2025-09-12 | 3.51% |
| 2025-09-11 | 3.43% |
| 2025-09-10 | 3.54% |
| 2025-09-09 | 3.45% |
| 2025-09-08 | 3.36% |
| 2025-09-05 | 3.39% |
| 2025-09-04 | 3.46% |
| 2025-09-03 | 3.58% |
| 2025-09-02 | 3.50% |
| 2025-08-29 | 3.44% |
| 2025-08-28 | 3.49% |
| 2025-08-27 | 3.52% |
| 2025-08-26 | 3.51% |
| 2025-08-25 | 3.47% |
| 2025-08-22 | 3.44% |
| 2025-08-21 | 3.57% |
| 2025-08-20 | 3.50% |
| 2025-08-19 | 3.49% |
| 2025-08-18 | 3.59% |
| 2025-08-15 | 3.56% |
| 2025-08-14 | 3.54% |
| 2025-08-13 | 3.50% |
| 2025-08-12 | 3.64% |
| 2025-08-11 | 3.72% |
| 2025-08-08 | 3.69% |
| 2025-08-07 | 3.73% |
| 2025-08-06 | 3.74% |
| 2025-08-05 | 3.69% |
| 2025-08-04 | 3.64% |
| 2025-08-01 | 3.57% |
| 2025-07-31 | 3.59% |
| 2025-07-30 | 3.47% |
| 2025-07-29 | 3.42% |
| 2025-07-28 | 3.43% |
| 2025-07-25 | 3.42% |
| 2025-07-24 | 3.47% |
| 2025-07-23 | 3.51% |
| 2025-07-22 | 3.61% |
| 2025-07-21 | 3.68% |
| 2025-07-18 | 3.61% |
| 2025-07-17 | 3.49% |
| 2025-07-16 | 3.58% |
| 2025-07-15 | 3.58% |
| 2025-07-14 | 3.41% |
| 2025-07-11 | 2.94% |
| 2025-07-10 | 2.94% |
| 2025-07-09 | 2.97% |
| 2025-07-08 | 2.98% |
| 2025-07-07 | 2.99% |
| 2025-07-03 | 2.96% |
| 2025-07-02 | 2.95% |
| 2025-07-01 | 2.90% |
| 2025-06-30 | 2.97% |
| 2025-06-27 | 2.94% |
| 2025-06-26 | 2.92% |
| 2025-06-25 | 2.96% |
| 2025-06-24 | 2.99% |
| 2025-06-23 | 3.02% |
| 2025-06-20 | 3.03% |
| 2025-06-18 | 3.06% |
| 2025-06-17 | 3.04% |
| 2025-06-16 | 2.98% |
| 2025-06-13 | 3.03% |
| 2025-06-12 | 2.97% |
| 2025-06-11 | 3.00% |
| 2025-06-10 | 2.96% |
| 2025-06-09 | 2.98% |
| 2025-06-06 | 2.95% |
| 2025-06-05 | 2.99% |
| 2025-06-04 | 2.94% |
| 2025-06-03 | 2.97% |
| 2025-06-02 | 3.02% |
| 2025-05-30 | 2.97% |
| 2025-05-29 | 2.92% |
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.
- Sector
- Healthcare
- Industry
- Medical - Diagnostics & Research
- CEO
- Udit Batra