TTM
55.0%
YoY change
−1.66pp
Trough year (2007)
57.2%
Peak year (1995)
67.1%
Latest annual
57.8%
Gross Margin history chart for Waters Corporation (WAT) from 1995 to 2025
Latest: 57.8%
Gross Margin change chart for Waters Corporation (WAT) from 1995 to 2025
Latest: −1.66pp
Gross Margin history table for Waters Corporation (WAT) from 1995 to 2025
| 2025 | 57.8% | -1.66pp | ||
| 2024 | 59.4% | -0.14pp | ||
| 2023 | 59.6% | +1.57pp | ||
| 2022 | 58.0% | -0.48pp | ||
| 2021 | 58.5% | +1.05pp | ||
| 2020 | 57.4% | -0.56pp | ||
| 2019 | 58.0% | -0.98pp | ||
| 2018 | 59.0% | -0.00pp | ||
| 2017 | 59.0% | +0.11pp | ||
| 2016 | 58.9% | +0.13pp | ||
| 2015 | 58.7% | +0.21pp | ||
| 2014 | 58.5% | -0.32pp | ||
| 2013 | 58.9% | -1.13pp | ||
| 2012 | 60.0% | -0.55pp | ||
| 2011 | 60.5% | +0.29pp | ||
| 2010 | 60.2% | -0.06pp | ||
| 2009 | 60.3% | +2.29pp | ||
| 2008 | 58.0% | +0.86pp | ||
| 2007 | 57.2% | -0.96pp | ||
| 2006 | 58.1% | -0.58pp | ||
| 2005 | 58.7% | -0.12pp | ||
| 2004 | 58.8% | +0.34pp | ||
| 2003 | 58.5% | +0.44pp | ||
| 2002 | 58.0% | -5.74pp | ||
| 2001 | 63.8% | -2.78pp | ||
| 2000 | 66.6% | +0.00pp | ||
| 1999 | 66.6% | +1.04pp | ||
| 1998 | 65.5% | -0.39pp | ||
| 1997 | 65.9% | +0.07pp | ||
| 1996 | 65.8% | -1.22pp | ||
| 1995 | 67.1% | — |
- 202557.8%-1.66pp
- 202459.4%-0.14pp
- 202359.6%+1.57pp
- 202258.0%-0.48pp
- 202158.5%+1.05pp
- 202057.4%-0.56pp
- 201958.0%-0.98pp
- 201859.0%-0.00pp
- 201759.0%+0.11pp
- 201658.9%+0.13pp
- 201558.7%+0.21pp
- 201458.5%-0.32pp
- 201358.9%-1.13pp
- 201260.0%-0.55pp
- 201160.5%+0.29pp
- 201060.2%-0.06pp
- 200960.3%+2.29pp
- 200858.0%+0.86pp
- 200757.2%-0.96pp
- 200658.1%-0.58pp
- 200558.7%-0.12pp
- 200458.8%+0.34pp
- 200358.5%+0.44pp
- 200258.0%-5.74pp
- 200163.8%-2.78pp
- 200066.6%+0.00pp
- 199966.6%+1.04pp
- 199865.5%-0.39pp
- 199765.9%+0.07pp
- 199665.8%-1.22pp
- 199567.1%—
Gross Margin values are taken from Waters Corporation's reported income 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 Gross Margin at Waters Corporation (WAT)
According to Waters Corporation's latest reported financial statements, the company's latest reported gross margin is 55.0%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Waters Corporation (WAT) gross margin is 57.77% – contracted 1.7 percentage points year-over-year.
Across the available history, gross margin reached its high of 67.06% in 1995 and its low of 57.16% in 2007.
Waters Corporation Gross Margin by Year
Waters Corporation Gross Margin 2025: 57.8%
Waters Corporation gross margin in 2025 was 57.77%, contracted 1.7 percentage points from 2024.
Waters Corporation Gross Margin 2024: 59.4%
2024's gross margin for Waters Corporation came in at 59.43%, contracted 0.1 percentage points from 2023.
Waters Corporation Gross Margin 2023: 59.6%
Waters Corporation posted gross margin of 59.57% in 2023, expanded 1.6 percentage points from 2022.
Waters Corporation Gross Margin 2022: 58.0%
In 2022, Waters Corporation reported gross margin of 58.00%, contracted 0.5 percentage points from 2021.
Waters Corporation Gross Margin 2021: 58.5%
Waters Corporation gross margin in 2021 was 58.49%.
See more financial history for Waters Corporation (WAT).
Sector peers by Gross Margin
Healthcare peers of Waters Corporation (WAT), ranked by their latest gross margin
| 83.5% | |
| 81.8% | |
| 81.7% | |
| 75.9% | |
| 71.5% | |
| 70.7% | |
| 70.0% | |
| 18.8% |
- 83.5%
- 81.8%
- 81.7%
- 75.9%
- 71.5%
- 70.7%
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