MetaCap

Burning Rock Biotech (BNR) vs Waters (WAT)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Burning Rock Biotech (BNR) has outperformed Waters (WAT) over the past year, gaining 70.8% versus a gain of 31.0%. Over five years, WAT leads with a +24.5% price change compared with -89.4% for BNR. Waters is the larger company by market cap ($42.13 billion vs $160.3 million), about 262.8 times the size.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

BNR+70.79%WAT+30.97%
+380%+170%-40%
Oct 8, 20251 yearOct 8, 2026
BNR-90.63%WAT+24.97%
+32%-36%-105%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

BNR versus WAT key metrics
MetricBNRWAT
Share price$15.20$429.13
Market cap$160.30M$42.13B
1-day change+0.13%-1.57%
YTD return-24.57%+12.98%
1-year return+70.79%+30.97%
5-year return-89.42%+24.49%
P/E ratio (TTM)—108.64
Forward P/E—25.95
EPS (TTM)$-0.80$3.95
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)—$3.17B
Revenue growth (YoY)—+6.99%
Net income (latest FY)—$642.63M
Gross margin—59.28%
Operating margin—25.36%
Net margin—20.30%
52-week high$41.72$454.54
52-week low$6.79$282.77
Distance from 52-week high-63.57%-5.59%
Analyst consensus—buy
Avg. price target upside—+6.42%
Average volume28.59K777.61K
Shares outstanding8.81M98.19M
Employees66716,000
SectorHealth CareIndustrials
IndustryMedical SpecialitiesBiotechnology: Laboratory Analytical Instruments

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Waters is about 262.8 times larger than Burning Rock Biotech by market value ($42.13B vs $160.30M).
  • BNR has outperformed WAT by 39.8 percentage points over the past year.
  • The two companies sit in different sectors: Burning Rock Biotech in Health Care and Waters in Industrials.

About Burning Rock Biotech

BNR stock →

Burning Rock Biotech Limited develops and sells cancer therapy selection tests in the People's Republic of China and the United States. It operates in three segments: Central Laboratory Business, In-Hospital Business, and Pharma Research and Development Services.

Health Care · Medical Specialities · 667 employees

About Waters

WAT stock →

Waters Corporation provides analytical workflow solutions in Asia, the Americas, and Europe. The company operates through two segments, Waters and TA.

Industrials · Biotechnology: Laboratory Analytical Instruments · 16,000 employees

BNR vs WAT FAQ

Which is bigger, Burning Rock Biotech or Waters?

Waters (WAT) is larger, with a market capitalization of $42.13B compared with $160.30M for Burning Rock Biotech (BNR).

Which stock has performed better over the past year, BNR or WAT?

BNR returned +70.79% over the past 12 months, compared with +30.97% for WAT (price return, excluding dividends). Past performance does not predict future results.

Are Burning Rock Biotech and Waters in the same industry?

No. Burning Rock Biotech is in the Health Care sector, while Waters is in Industrials.

More comparisons