Latest period
$126.00M
YoY change
-20.9%
5Y CAGR
-8.1%
Peak year (2022)
$183.46M
Cumulative CapEx
$2.81B
CapEx history chart for Waters Corporation (WAT) from 1995 to 2025
Latest: $112.75M
CapEx growth chart for Waters Corporation (WAT) from 1995 to 2025
Latest: -20.9%
CapEx history table for Waters Corporation (WAT) from 1995 to 2025
| 2025 | $112.75M | -20.9% | −$29.74M | ||
| 2024 | $142.48M | -11.3% | −$18.15M | ||
| 2023 | $160.63M | -12.4% | −$22.82M | ||
| 2022 | $183.46M | +9.0% | +$15.19M | ||
| 2021 | $168.27M | -2.4% | −$4.12M | ||
| 2020 | $172.38M | +5.2% | +$8.56M | ||
| 2019 | $163.82M | +28.4% | +$36.26M | ||
| 2018 | $127.56M | +41.0% | +$37.09M | ||
| 2017 | $90.47M | -4.7% | −$4.49M | ||
| 2016 | $94.97M | -7.8% | −$8.04M | ||
| 2015 | $103.01M | -3.0% | −$3.24M | ||
| 2014 | $106.25M | -10.3% | −$12.20M | ||
| 2013 | $118.45M | +13.1% | +$13.70M | ||
| 2012 | $104.75M | +22.6% | +$19.31M | ||
| 2011 | $85.44M | +36.2% | +$22.70M | ||
| 2010 | $62.74M | -33.1% | −$31.06M | ||
| 2009 | $93.80M | +35.8% | +$24.73M | ||
| 2008 | $69.06M | +14.5% | +$8.72M | ||
| 2007 | $60.34M | +17.3% | +$8.92M | ||
| 2006 | $51.42M | +0.7% | +$376.00K | ||
| 2005 | $51.05M | -22.9% | −$15.19M | ||
| 2004 | $66.24M | +91.5% | +$31.65M | ||
| 2003 | $34.59M | -8.9% | −$3.38M | ||
| 2002 | $37.97M | -10.5% | −$4.44M | ||
| 2001 | $42.41M | +19.9% | +$7.04M | ||
| 2000 | $35.37M | +62.2% | +$13.57M | ||
| 1999 | $21.80M | +19.8% | +$3.60M | ||
| 1998 | $18.20M | -89.8% | −$161.00M | ||
| 1997 | $179.20M | +1674.3% | +$169.10M | ||
| 1996 | $10.10M | +60.3% | +$3.80M | ||
| 1995 | $6.30M | — | — |
- 2025$112.75M-20.9%
- 2024$142.48M-11.3%
- 2023$160.63M-12.4%
- 2022$183.46M+9.0%
- 2021$168.27M-2.4%
- 2020$172.38M+5.2%
- 2019$163.82M+28.4%
- 2018$127.56M+41.0%
- 2017$90.47M-4.7%
- 2016$94.97M-7.8%
- 2015$103.01M-3.0%
- 2014$106.25M-10.3%
- 2013$118.45M+13.1%
- 2012$104.75M+22.6%
- 2011$85.44M+36.2%
- 2010$62.74M-33.1%
- 2009$93.80M+35.8%
- 2008$69.06M+14.5%
- 2007$60.34M+17.3%
- 2006$51.42M+0.7%
- 2005$51.05M-22.9%
- 2004$66.24M+91.5%
- 2003$34.59M-8.9%
- 2002$37.97M-10.5%
- 2001$42.41M+19.9%
- 2000$35.37M+62.2%
- 1999$21.80M+19.8%
- 1998$18.20M-89.8%
- 1997$179.20M+1674.3%
- 1996$10.10M+60.3%
- 1995$6.30M—
CapEx values are taken from Waters Corporation's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Waters Corporation (WAT)
According to Waters Corporation's latest reported financial statements, the company's current CapEx (TTM) is $126.00M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Waters Corporation (WAT) reported CapEx of $112.75M – declined 20.9% year-over-year.
Across 2020–2025 (5 years), Waters Corporation CapEx produced a CAGR of -8.1% – with a net decline across the window.
Waters Corporation CapEx peaked at $183.46M in 2022; the latest annual figure is $112.75M in 2025 (38.5% below peak).
The record annual CapEx stands at $183.46M, reached in 2022; the historical low of $6.30M was recorded in 1995.
Waters Corporation Capital Expenditures by Year
Waters Corporation Capital Expenditures 2025: $112.75M
Waters Corporation posted CapEx of $112.75M in 2025, declined 20.9% below 2024.
Waters Corporation Capital Expenditures 2024: $142.48M
In 2024, Waters Corporation reported CapEx of $142.48M, declined 11.3% below 2023.
Waters Corporation Capital Expenditures 2023: $160.63M
Waters Corporation CapEx in 2023 was $160.63M, declined 12.4% below 2022.
Waters Corporation Capital Expenditures 2022: $183.46M
2022's CapEx for Waters Corporation came in at $183.46M, grew 9.0% from 2021. This figure represents the highest annual value in the available history.
Waters Corporation Capital Expenditures 2021: $168.27M
Waters Corporation CapEx in 2021 was $168.27M.
See more financial history for Waters Corporation (WAT).
Sector peers by CapEx
Healthcare peers of Waters Corporation (WAT), ranked by their latest CapEx
| $14.05B | |
| $7.84B | |
| $5.91B | |
| $4.83B | |
| $4.11B | |
| $3.62B | |
| $1.86B | |
| $1.21B |
- $14.05B
- $7.84B
- $5.91B
- $4.83B
- $4.11B
- $3.62B
- $1.86B
- $1.21B
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