Waters Balance Sheet
NYSE: WATIndustrialsBiotechnology: Laboratory Analytical InstrumentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Waters financial position
At the end of fiscal 2025, Waters reported total assets of $5.08 billion, up 11.5% from a year earlier against total liabilities of $2.52 billion. Shareholders' equity stood at $2.56 billion, or 50.5% of assets. The company held $588.0 million in cash and equivalents against $947.0 million of debt, a net debt position of $359.0 million.
The current ratio (current assets divided by current liabilities) was 1.73, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.37.
Summary generated from market data by MetaCap's automated system. Methodology
Waters balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 588.00M | 325.36M | 395.08M | 480.53M | 501.23M | 436.69M | 335.71M | 796.28M | 642.32M | 505.63M |
| Short-Term Investments | — | 934.00K | 898.00K | 862.00K | 68.05M | 6.45M | 1.43M | 938.94M | 2.75B | 2.31B |
| Receivables | 829.00M | 733.37M | 702.17M | 722.89M | 612.65M | 573.32M | 587.73M | 568.32M | 533.83M | 489.34M |
| Inventory | 572.00M | 477.26M | 516.24M | 455.71M | 356.10M | 304.28M | 320.55M | 291.57M | 270.29M | 262.68M |
| Total Current Assets | 2.15B | 1.67B | 1.75B | 1.76B | 1.63B | 1.40B | 1.31B | 2.66B | 4.27B | 3.64B |
| Property, Plant & Equipment | 642.00M | 651.20M | 639.07M | 582.22M | 547.91M | 494.00M | 417.34M | 343.08M | 349.28M | 337.12M |
| Goodwill | 1.34B | 1.30B | 1.31B | 430.33M | 437.87M | 444.36M | 356.13M | 355.61M | 359.82M | 352.08M |
| Intangible Assets | 558.00M | 567.91M | 629.19M | 227.40M | 242.40M | 258.64M | 240.20M | 246.90M | 228.40M | 207.06M |
| Long-Term Investments | — | — | — | — | — | — | — | — | 7.00M | 0 |
| Total Assets | 5.08B | 4.55B | 4.63B | 3.28B | 3.09B | 2.84B | 2.56B | 3.73B | 5.32B | 4.66B |
| Accounts Payable | 104.00M | 99.93M | 84.70M | 93.30M | 96.80M | 72.21M | 49.00M | 68.17M | 64.54M | 67.74M |
| Short-Term Debt | — | — | — | — | 0 | 150.00M | 100.37M | 178.00K | 100.27M | 125.30M |
| Total Current Liabilities | 1.24B | 789.76M | 789.58M | 785.74M | 680.51M | 804.98M | 591.33M | 448.93M | 606.16M | 520.32M |
| Long-Term Debt | 947.00M | 1.63B | 2.31B | 1.52B | 1.51B | 1.21B | 1.58B | 1.15B | 1.90B | 1.70B |
| Total Liabilities | 2.52B | 2.73B | 3.48B | 2.78B | 2.73B | 2.61B | 2.77B | 2.16B | 3.09B | 2.36B |
| Shareholders' Equity | 2.56B | 1.83B | 1.15B | 504.49M | 367.55M | 232.14M | -216.28M | 1.57B | 2.23B | 2.30B |
| Retained Earnings | 10.43B | 9.79B | 9.15B | 8.51B | 7.80B | 7.11B | 6.59B | 6.00B | 5.41B | 5.39B |
| Total Debt | 947.00M | 1.63B | 2.31B | 1.52B | 1.51B | 1.36B | 1.68B | 1.15B | 2.00B | 1.83B |
| Net Cash (Debt) | -359.00M | -1.30B | -1.91B | -1.04B | -944.59M | -913.37M | -1.34B | 586.87M | 1.40B | 985.77M |
| Shares Outstanding | 59.55M | 59.39M | 59.18K | 59.10M | 60.73M | 62.31M | 62.59M | 73.11M | 79.34M | 80.02M |
This table shows 10 annual periods of Waters's balance sheet, from FY 2025 back to FY 2016, across 20 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow WAT's reporting calendar. What is a balance sheet?