WATERS CORP /DE/

WAT

Quality scores

Data as of Sep 4, 2026

3 / 9

Weak

3/9 — WEAK fundamentals (a sign of low quality).

PassROA > 0 — ROA last year = 12.66 %
PassFCF > 0 — FCF last year = 539.81 mill.
FailFCF > net income (accrual quality) — FCF 539.81 vs. net income 642.63 (mill.)
FailRising ROA — ROA 12.66 % vs. prior year 14.01 %

Z-Score (original)

13.74

Safe zone

Z''-Score (non-manufacturing)

13.25

Safe zone

Ratio	Value
X1 — Working capital / Total assets	0.18
X2 — Retained earnings / Total assets	2.05
X3 — EBIT / Total assets	0.16
X4 — Market cap / Total liabilities	15.84
X4 — Book equity / Total liabilities	1.02
X5 — Sales / Total assets	0.62