OverviewSuggest Edit

Waters Corporation is a specialty measurement company engaged in chromatography, mass spectrometry, and thermal analysis. It designs, manufactures, sells, and services high-performance liquid chromatography (HPLC), ultra-performance liquid chromatography (UPLCTM), and mass spectrometry (MS) technology systems and support products. The company focuses on pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental customers working in research and development, quality assurance, and other laboratory applications.
TypePublic
Founded1958
HQMilford, MA, US
Websitewaters.com
Employee Ratings3.9
Overall CultureD

Latest Updates

Employees (est.) (Dec 2020)7,400(-1%)
Job Openings390
Revenue (FY, 2020)$2.4 B(-1%)
Share Price (Jun 2021)$341.8(+2%)
Cybersecurity ratingCMore

Key People/Management at Waters

Udit Batra

Udit Batra

President, Chief Executive Officer & Director
Keeley Aleman

Keeley Aleman

SVP, General Counsel & Secretary
Flemming Ornskov

Flemming Ornskov

Chairman of the Board
Michael Silveira

Michael Silveira

Chief Accounting Officer & Corporate Controller
Jianqing Bennett

Jianqing Bennett

SVP, TA Instruments Division
Rob Carson

Rob Carson

SVP, Corporate Development
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Waters Office Locations

Waters has offices in Milford, Rydalmere, Wien, Antwerpen and in 33 other locations
Milford, MA, US (HQ)
34 Maple St
Rydalmere, AU
3/38-46 South St
Wien, AT
Hietzinger Hauptstraße 145
Antwerpen, BE
Berchemstadionstraat 72
Sao Paulo, BR
Alameda Tocantins, 125 - 27° andar - Alphaville Industrial
Brossard, CA
330 9935 Rue de Châteauneuf
Show all (37)

Waters Financials and Metrics

Waters Revenue

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View revenue for all periods
Waters's revenue was reported to be $2.37 b in FY, 2020 which is a 1.7% decrease from the previous period.
USD

Revenue (FY, 2020)

2.4b

Revenue growth (FY, 2019 - FY, 2020), %

(1.7%)

Gross profit (FY, 2020)

1.4b

Gross profit margin (FY, 2020), %

57.4%

Net income (FY, 2020)

521.6m

EBIT (FY, 2020)

645.5m

Market capitalization (15-Jun-2021)

21.2b

Closing stock price (15-Jun-2021)

341.8

Cash (31-Dec-2020)

436.7m

EV

22.2b
Waters's current market capitalization is $21.2 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

2.4b2.4b2.4b

Revenue growth, %

5%(1%)(2%)

Cost of goods sold

992.6m1.0b1.0b

Gross profit

1.4b1.4b1.4b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

530.7m596.2m578.0m513.9m599.2m577.3m464.9m520.0m593.8m

Cost of goods sold

221.4m243.1m241.1m221.0m249.5m241.1m210.6m213.1m262.3m

Gross profit

309.2m353.1m336.9m292.8m349.6m336.2m254.3m306.9m331.4m

Gross profit Margin, %

58%59%58%57%58%58%55%59%56%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

796.3m335.7m436.7m

Accounts Receivable

568.3m587.7m573.3m

Inventories

291.6m320.6m304.3m

Current Assets

2.7b1.3b1.4b
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

593.8m592.2m521.6m

Depreciation and Amortization

108.4m105.3m125.4m

Inventories

(25.4m)(31.9m)18.9m

Accounts Payable

(81.7m)9.8m140.6m
Quarterly
USDQ1, 2018

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2.1 x
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Waters Operating Metrics

FY, 2017FY, 2018FY, 2019FY, 2020

Facilities

94949091
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Waters Acquisitions / Subsidiaries

Company NameDateDeal Size
Andrew Alliance S.AJanuary 15, 2020$80 m
Andrew AllianceJanuary 13, 2020
RubothermSeptember 30, 2018$6 m
MPE Orbur Group Ltd. (UK)November 30, 2015$12 m
ElectroForceMay 31, 2015$9 m
Blue Reference, Inc.July 31, 2012$14 m
Baehr Thermoanalyse GmbHJanuary 31, 2012$12 m
Anter CorporationJuly 31, 2011$11 m
Thar Instruments, IncFebruary 28, 2009$36 m
Analytical Products Group, Inc.December 31, 2008$5 m
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Waters Revenue Breakdown

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Waters revenue breakdown by business segment: 33.6% from Waters Service, 7.4% from TA Instrument Systems, 18.3% from Chemistry Consumables, 37.7% from Waters Instrument Systems and 3.1% from Other

Waters revenue breakdown by geographic segment: 29.9% from Europe, 40.2% from Asia and 29.9% from Americas

Waters Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

SecurityScorecard logo

Waters Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Waters Online and Social Media Presence

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Waters Company Culture

  • Overall Culture

    D

    60/100

  • CEO Rating

    C

    64/100

  • Compensation

    D-

    46/100

  • Diversity

    A-

    78/100

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Waters News and Updates

Waters Arc Premier System Delivers Increased Precision and Certainty in Chromatographic Results

Waters Corporation (NYSE:WAT) today introduced the Waters™ Arc™ Premier System, the first liquid chromatography system optimized for chromatographic separations on 2.5 – 3.5 micron columns to also feature Waters’ novel MaxPeak™ High-Performance Surface (HPS) technology. The new system complements Wa…

Waters Sets New Standard in High Resolution Mass Spectrometry with SELECT SERIES Multi Reflecting Time-of-Flight Platform

Waters Corporation (NYSE:WAT) today introduced the Waters™ SELECT SERIES™ MRT, a high-resolution mass spectrometer that combines Multi Reflecting Time-of-Flight (MRT) technology with both enhanced DESI and new MALDI imaging sources.

Waters Introduces the SARS-CoV-2 LC-MS Kit (RUO) to Advance Clinical Research of Infectious Diseases

Waters Corporation (NYSE:WAT) today introduced a new RUO LC-MS test method to advance critical infectious disease research.

SCIEX and Waters Corporation Collaborate to Deliver Fully Configured and Interoperable LC-MS Systems

SCIEX, a global leader in life science analytical technologies, announced an agreement with Waters Corporation to offer customers fully configured and interoperable Waters Ultra-Performance Liquid Chromatography (UPLC) instruments as part of their purchase and deployment of SCIEX mass spectrometry (…

Waters Corporation (NYSE: WAT) Reports First Quarter 2021 Financial Results

Waters Corporation (NYSE: WAT)today announced first quarter 2021 sales of $609 million, a 31% increase as reported, compared to sales of $465 million for the first quarter of 2020. Foreign currency translation benefited sales growth by approximately 4% for the quarter.

Waters Crushes Q1 Earnings, Q2 Guidance Exceed Wall Street's Consensus

Waters Corp (NYSE: WAT) reported first-quarter FY21 net sales growth of 31% year-on-year to $608.5 million, beating analyst consensus of $525.29 million.
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Waters Blogs

Father’s Day: Creating a Safer World for My Sons

There is no better feeling than to receive the admiration of your child … To know that what you do can not only improve the world for others but also means the world to your reason for everything - your family. This was the experience for Waters' Davy Petit, who recently received a text from his son…

Get Empowered: Tip #230 | Working with QDa Data

Following a number of recent user questions around QDa data, this week's tip will provide a review of working with QDa data in Empower. The post Get Empowered: Tip #230 | Working with QDa Data first appeared on Blogging About What's Possible.

Arc Premier Solution Improves Data Quality for Challenging Compounds

Waters Arc Premier Solution is optimized with MaxPeak HPS Technology and developed for use with 2.5 µm MaxPeak HPS Columns to deliver improvements in separation and detection of metal-sensitive analytes. The post Arc Premier Solution Improves Data Quality for Challenging Compounds first appeared on …

Pride at Waters: Translating Passion and Vision into Action and Results

Within Waters, employees the world over are encouraged to be—and celebrated for being—their most authentic selves. As co-chairs of the employee-led Pride Circle at Waters, we are excited to celebrate Pride Month 2021. Together, we’ve… Read more > The post Pride at Waters: Translating Passion and …

Get Empowered: Tip #229 | Custom Fields, Truncate Numbers

In this week's tip, we answer an Empower user question regarding the creation of a View Filter to determine which Results have been Signed Off. The post Get Empowered: Tip #229 | Custom Fields, Truncate Numbers first appeared on Blogging About What's Possible.

New SELECT SERIES MRT Redefines Performance of Next Generation High Resolution Mass Spectrometry

  Are you ready for the next generation of high resolution mass spectrometry (HRMS) platforms? The state-of-the-art hybrid quadrupole Time-of-Flight (Q-ToF) SELECT SERIES MRT is a groundbreaking addition to Waters’ SELECT SERIES family. Incorporating Multi… Read more > The post New SELECT SERIES …
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Waters Frequently Asked Questions

  • When was Waters founded?

    Waters was founded in 1958.

  • Who are Waters key executives?

    Waters's key executives are Udit Batra, Keeley Aleman and Flemming Ornskov.

  • How many employees does Waters have?

    Waters has 7,400 employees.

  • What is Waters revenue?

    Latest Waters annual revenue is $2.4 b.

  • What is Waters revenue per employee?

    Latest Waters revenue per employee is $319.6 k.

  • Who are Waters competitors?

    Competitors of Waters include Repligen, Bruker and Agilent.

  • Where is Waters headquarters?

    Waters headquarters is located at 34 Maple St, Milford.

  • Where are Waters offices?

    Waters has offices in Milford, Rydalmere, Wien, Antwerpen and in 33 other locations.

  • How many offices does Waters have?

    Waters has 37 offices.