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Waters Corporation (WAT) Cash Flow Waterfall

Trace Waters Corporation's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$390.00M

Capex

−$126.00M

Free Cash Flow

$264.00M

FCF Margin

+67.7%

Cash flow waterfall for Waters Corporation (WAT) — TTM through Q2 2026

Free cash flow: $264.00M

Cash flow breakdown for Waters Corporation (WAT) — TTM through Q2 2026

  • Operating Cash Flow$390.00M
  • Capital Expenditure−$126.00M
  • Free Cash Flow$264.00M
  • Acquisitions$109.45M
  • Other Investing−$14.46M
  • Share Buybacks−$12.73M
  • Net Debt Change−$155.81M
  • Other Financing & FX−$111.49M
  • Net Cash Increase$78.96M
Want to see what drove the FCF change?Free Cash Flow Bridge

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