Waters Corporation (WAT) Quick Ratio (Acid-Test): 1.27
Is Waters Corporation’s quick ratio (acid-test) high or low?
Waters Corporation's quick ratio (acid-test) of 1.27 is 18% below its 5-year average of 1.54, near the low end of its 5-year range (1.27–1.87).
As of Thursday, June 11, 2026. 8.63% below its 12-month average of 1.39.
WAT Quick Ratio (Acid-Test) Chart
WAT Average Quick Ratio (Acid-Test) Chart
WAT Current vs Average Quick Ratio (Acid-Test) Chart
WAT Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
1.27
QUICK RATIO (ACID-TEST) AVG TTM
1.39
QUICK RATIO (ACID-TEST) AVG 3Y
1.50
QUICK RATIO (ACID-TEST) AVG 5Y
1.54
QUICK RATIO (ACID-TEST) AVG 10Y
3.14
QUICK RATIO (ACID-TEST) AVG 15Y
3.38
QUICK RATIO (ACID-TEST) AVG 20Y
3.02
CURRENT VS TTM AVG
-8.63%
CURRENT VS 3Y AVG
-15.47%
CURRENT VS 5Y AVG
-17.53%
CURRENT VS 10Y AVG
-59.52%
CURRENT VS 15Y AVG
-62.48%
CURRENT VS 20Y AVG
-58.00%
WAT Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Waters Corporation (WAT) | $23.21B | 1.27 | 1.39 | 1.50 | 1.54 |
| Mettler-Toledo International Inc. (MTD) | $22.82B | 0.81 | 0.77 | 0.77 | 0.79 |
| BioNTech SE (BNTX) | $22.39B | 7.49 | 7.42 | 7.84 | 6.36 |
| Veeva Systems Inc. (VEEV) | $26.31B | 4.89 | 4.70 | 4.39 | 4.08 |
| Moderna, Inc. (MRNA) | $18.71B | 3.22 | 3.42 | 3.19 | 2.63 |
| DexCom, Inc. (DXCM) | $28.92B | 1.59 | 1.44 | 1.80 | 2.83 |
| Biogen Inc. (BIIB) | $28.94B | 2.03 | 1.46 | 1.69 | 1.64 |
| Hologic, Inc. (HOLX) | $16.97B | 3.06 | 3.04 | 3.12 | 2.66 |
| IQVIA Holdings Inc. (IQV) | $30.08B | 0.75 | 0.79 | 0.83 | 0.90 |
| Medline Inc. (MDLN) | $31.40B | 2.37 | 1.97 | 2.09 | 2.09 |
Liquidity Comparison
Quick Ratio
1.27
Excludes inventory
Current Ratio
1.73
Includes inventory
Waters Corporation Quick Ratio (Acid-Test) Formula & Definition
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Waters Corporation Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Waters Corporation (WAT)?
- The quick ratio (acid-test) for WAT stock is 1.27.
- Is Waters Corporation's quick ratio (acid-test) high or low?
- Waters Corporation's quick ratio (acid-test) of 1.27 is 18% below its 5-year average of 1.54, near the low end of its 5-year range (1.27–1.87).
- What is the TTM average quick ratio (acid-test) for Waters Corporation (WAT)?
- The TTM average quick ratio (acid-test) for WAT stock is 1.39.
- What is the 3Y average quick ratio (acid-test) for Waters Corporation (WAT)?
- The 3Y average quick ratio (acid-test) for WAT stock is 1.50.
- What is the 5Y average quick ratio (acid-test) for Waters Corporation (WAT)?
- The 5Y average quick ratio (acid-test) for WAT stock is 1.54.
- What is the 10Y average quick ratio (acid-test) for Waters Corporation (WAT)?
- The 10Y average quick ratio (acid-test) for WAT stock is 3.14.
- What is the 15Y average quick ratio (acid-test) for Waters Corporation (WAT)?
- The 15Y average quick ratio (acid-test) for WAT stock is 3.38.
- What is the 20Y average quick ratio (acid-test) for Waters Corporation (WAT)?
- The 20Y average quick ratio (acid-test) for WAT stock is 3.02.
Waters Corporation Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 1.27 |
| 2024-12-31 | 1.51 |
| 2023-12-31 | 1.57 |
| 2022-12-31 | 1.66 |
| 2021-12-31 | 1.87 |
| 2020-12-31 | 1.36 |
| 2019-12-31 | 1.68 |
| 2018-12-31 | 5.28 |
| 2017-12-31 | 6.60 |
| 2016-12-31 | 6.48 |
| 2015-12-31 | 5.23 |
| 2014-12-31 | 4.43 |
| 2013-12-31 | 4.75 |
| 2012-12-31 | 4.02 |
| 2011-12-31 | 2.87 |
| 2010-12-31 | 3.58 |
| 2009-12-31 | 2.52 |
| 2008-12-31 | 2.71 |
| 2007-12-31 | 1.61 |
| 2006-12-31 | 1.21 |
| 2005-12-31 | 1.29 |
| 2004-12-31 | 1.69 |
| 2003-12-31 | 1.56 |
| 2002-12-31 | 1.71 |
| 2001-12-31 | 1.49 |
| 2000-12-31 | 1.16 |
| 1999-12-31 | 0.85 |
| 1998-12-31 | 0.92 |
| 1997-12-31 | 0.74 |
| 1996-12-31 | 1.17 |
Related Metrics
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