Waters Corporation (WAT) capitalization

Current snapshot

Market Cap
$28.78B
59.5M shares × $293.37
Net Worth
$2.56B
Stockholders' equity · 2025-12-31
Enterprise Value
$30.15B
Market cap + debt − cash
Net Debt
$1.37B
Debt $1.95B − Cash $587.8M

Annual history

One row per fiscal year (10-K). Market cap uses split-adjusted closing price on the fiscal-year-end date × shares outstanding.

Period End Market Cap
FY'25 2025-12-31 $22.68B
FY'25 2025-09-30 $17.88B
FY'25 2025-06-30 $20.82B
FY'25 2025-03-31 $22.01B
FY'24 2024-12-31 $22.09B
FY'24 2024-09-30 $21.41B
FY'24 2024-06-30 $17.25B
FY'23 2023-12-31 $19.51B
FY'23 2023-06-30 $15.73B
FY'23 2023-03-31 $18.37B
FY'22 2022-12-31 $20.67B
FY'22 2022-09-30 $16.19B
FY'22 2022-06-30 $20.03B
FY'22 2022-03-31 $18.92B
FY'21 2021-12-31 $23.11B
FY'21 2021-09-30 $22.11B
FY'21 2021-06-30 $21.48B
FY'21 2021-03-31 $17.80B
FY'20 2020-12-31 $15.44B
FY'20 2020-09-30 $12.19B
FY'20 2020-06-30 $11.22B
FY'20 2020-03-31 $11.40B
FY'19 2019-12-31 $15.93B
FY'19 2019-09-30 $14.90B
FY'19 2019-06-30 $14.96B
FY'19 2019-03-31 $18.23B
FY'18 2018-12-31 $14.64B
FY'18 2018-09-30 $15.02B
FY'17 2017-12-31 $15.57B
FY'18 2017-06-30 $14.85B
FY'18 2017-03-31 $12.63B
FY'16 2016-12-31 $10.94B
FY'15 2015-12-31 $11.18B
FY'14 2014-12-31 $9.60B
FY'13 2013-12-31 $8.65B
FY'12 2012-12-31 $7.75B
FY'11 2011-12-31 $6.84B
FY'10 2010-12-31 $7.31B
FY'09 2009-12-31 $6.00B

Quarterly history

One row per quarter (10-Q and Q4 from 10-K). Market cap uses split-adjusted closing price on the quarter-end date × shares outstanding.

Period End Market Cap
Q4'25 2025-12-31 $22.62B
Q4'25 2025-09-30 $17.88B
Q3'25 2025-09-27 $17.39B
Q4'25 2025-06-30 $20.82B
Q2'25 2025-06-28 $21.02B
Q4'25 2025-03-31 $22.01B
Q1'25 2025-03-29 $21.62B
Q4'24 2024-12-31 $22.03B
Q4'24 2024-09-30 $21.41B
Q3'24 2024-09-28 $21.26B
Q4'24 2024-06-30 $17.25B
Q2'24 2024-06-29 $17.25B
Q1'24 2024-03-31 $20.46B
Q1'24 2024-03-30 $20.46B
Q4'23 2023-12-31 $19.48B
Q3'23 2023-09-30 $16.25B
Q2'23 2023-07-01 $15.73B
Q4'23 2023-06-30 $15.73B
Q1'23 2023-04-01 $18.37B
Q4'23 2023-03-31 $18.37B
Q4'22 2022-12-31 $20.25B
Q3'22 2022-10-01 $16.19B
Q4'22 2022-09-30 $16.19B
Q2'22 2022-07-02 $20.39B
Q4'22 2022-06-30 $20.03B
Q1'22 2022-04-02 $18.81B
Q4'22 2022-03-31 $18.92B
Q4'21 2021-12-31 $22.63B
Q3'21 2021-10-02 $22.01B
Q4'21 2021-09-30 $22.11B
Q2'21 2021-07-03 $22.10B
Q4'21 2021-06-30 $21.48B
Q1'21 2021-04-03 $17.83B
Q4'21 2021-03-31 $17.80B
Q4'20 2020-12-31 $15.42B
Q4'20 2020-09-30 $12.19B
Q3'20 2020-09-26 $11.90B
Q4'20 2020-06-30 $11.22B
Q2'20 2020-06-27 $10.87B
Q4'20 2020-03-31 $11.40B
Q1'20 2020-03-28 $11.61B
Q4'19 2019-12-31 $14.62B
Q4'19 2019-09-30 $14.90B
Q3'19 2019-09-28 $14.86B
Q4'19 2019-06-30 $14.96B
Q2'19 2019-06-29 $14.96B
Q4'19 2019-03-31 $18.23B
Q1'19 2019-03-30 $18.23B
Q4'18 2018-12-31 $13.79B
Q4'18 2018-09-30 $15.02B
Q3'18 2018-09-29 $15.02B
Q2'18 2018-06-30 $15.18B
Q1'18 2018-03-31 $15.84B
Q4'17 2017-12-31 $15.33B
Q3'17 2017-09-30 $14.46B
Q2'17 2017-07-01 $14.85B
Q4'18 2017-06-30 $14.85B
Q1'17 2017-04-01 $12.63B
Q4'18 2017-03-31 $12.63B
Q4'16 2016-12-31 $10.75B
Q3'16 2016-10-01 $12.90B
Q2'16 2016-07-02 $11.57B
Q1'16 2016-04-02 $10.94B
Q4'15 2015-12-31 $10.96B
Q3'15 2015-10-03 $9.88B
Q2'15 2015-07-04 $10.78B
Q1'15 2015-04-04 $10.40B
Q4'14 2014-12-31 $9.37B
Q3'14 2014-09-27 $8.45B
Q2'14 2014-06-28 $8.97B
Q1'14 2014-03-29 $9.25B
Q4'13 2013-12-31 $8.48B
Q3'13 2013-09-28 $9.27B
Q2'13 2013-06-29 $8.66B
Q1'13 2013-03-30 $8.19B
Q4'12 2012-12-31 $7.53B
Q3'12 2012-09-29 $7.37B
Q2'12 2012-06-30 $7.10B
Q1'12 2012-03-31 $8.36B
Q4'11 2011-12-31 $6.59B
Q3'11 2011-10-01 $6.95B
Q2'11 2011-07-02 $9.11B
Q1'11 2011-04-02 $8.21B
Q4'10 2010-12-31 $7.14B
Q3'10 2010-10-02 $6.61B
Q2'10 2010-07-03 $5.95B
Q1'10 2010-04-03 $6.46B
Q4'09 2009-12-31 $5.83B
Q3'09 2009-10-03 $5.20B
Q2'09 2009-07-04 $4.75B
Q1'10 2009-04-04 $3.83B
Q2'09 2008-12-31 $3.69B
Q3'09 2008-09-27 $6.00B
Q2'09 2008-06-28 $6.58B
Q2'09 2007-12-31 $8.11B

Methodology

Every figure on this page traces back to SEC EDGAR XBRL company-facts filings (WAT CIK 0001000697), tagged with the us-gaap and dei taxonomies. The only exception is the live market cap tile, which uses the current share price × shares outstanding from a market quote. Historical share prices come from our total-returns daily history (split-adjusted); historical market caps are calibrated against today's share count to correct for SEC retroactive split restatements.

For the exact XBRL concepts and formulas, see the methodology reference for net worth, debt, cash, market cap, enterprise value, net debt, shares outstanding, and the historical-market-cap calibration.