Waters Corporation has grown revenue 16% a year over three years and 12% a year over five, with earnings per share compounding at −29%. Revenue growth, 3-year annual rate: +16% (Diagnostics & Research median +8.4%). Revenue growth, 5-year rate: +12%, growth has picked up over the last three years. Earnings per share, 3-year rate: −29%, earnings lagged revenue: the growth is costing something. Years of annual history on file: 19, FY2007 to FY2025, as filed.

WATWaters Corporation

Healthcare

$433.70+42% 1Y

$433.70

$283.3252 weeks$443.32

Is it growing?

Mixed

Neither accelerating nor breaking down: revenue growing +52% year on year, but earnings down −64% year on year and operating margin narrowing (−16.3 points).

1 good, 2 to watch

Revenue trend+52% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: +12% a year.

Earnings trend−64% in a year

Trailing-twelve-month earnings per share against a year earlier. Growing slower than revenue, so the growth is costing something.

Margin direction−16.3 points operating

Trailing-twelve-month operating margin, 11.0% now against 27.3% a year earlier.

All from SEC EDGAR, as of Jul 4, 2026.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

Revenue growth, 3 yearsbetter than 82% of the market

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is WAT growing?

Waters Corporation has grown revenue 16% a year over three years and 12% a year over five, with earnings per share compounding at −29%.

+16%

Revenue growth, 3-year annual rate · Diagnostics & Research median +8.4% · compounding fast · compounded from trailing twelve-month revenue

Revenue growth, 5-year rate: +12%
Revenue growth, 5-year rate · +16% over three · growth has picked up over the last three years
Earnings per share, 3-year rate: −29%
Earnings per share, 3-year rate · revenue +16% · earnings lagged revenue: the growth is costing something
Years of annual history on file: 19
Years of annual history on file · FY2007 to FY2025, as filed