NTRA vs WAT

Natera, Inc. and Waters Corporation, both Healthcare

Waters Corporation is the larger company at $35B against $33B. Over the past year NTRA returned +140% against +49% for WAT. Ryufin's sector-relative Smart Score puts NTRA ahead, 10/10 against 3/10.

Natera, Inc. and Waters Corporationcompared on valuation, return and Ryufin’s Smart Score
FigureNTRAWAT
Last close$339$414
Market cap$33B$35B
Trailing P/Elower is cheaper for the same earnings, not automatically bettern/a103.3
1-year return+140%+49%
5-year return+201%+6.3%
Ryufin Smart Scoresector-relative, 1–1010/103/10

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Natera, Inc.

Revenue of $753M in Q2 2026, net income null. Its largest reported line is US, 98% of the disclosed total.

Waters Corporation

Revenue of $1.6B in Q2 2026, net income null. Its largest reported line is Consumables, 43% of the disclosed total.

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