TTM
11.9%
YoY change
−1.26pp
Trough year (1997)
-1.8%
Peak year (2012)
25.0%
Latest annual
20.3%
Net Profit Margin history chart for Waters Corporation (WAT) from 1995 to 2025
Latest: 20.3%
Net Profit Margin change chart for Waters Corporation (WAT) from 1995 to 2025
Latest: −1.26pp
Net Profit Margin history table for Waters Corporation (WAT) from 1995 to 2025
| 2025 | 20.3% | -1.26pp | ||
| 2024 | 21.6% | -0.16pp | ||
| 2023 | 21.7% | -2.09pp | ||
| 2022 | 23.8% | -1.06pp | ||
| 2021 | 24.9% | +2.82pp | ||
| 2020 | 22.1% | -2.56pp | ||
| 2019 | 24.6% | +0.07pp | ||
| 2018 | 24.5% | +23.66pp | ||
| 2017 | 0.9% | -23.18pp | ||
| 2016 | 24.1% | +1.09pp | ||
| 2015 | 23.0% | +1.27pp | ||
| 2014 | 21.7% | -1.94pp | ||
| 2013 | 23.6% | -1.40pp | ||
| 2012 | 25.0% | +1.64pp | ||
| 2011 | 23.4% | +0.16pp | ||
| 2010 | 23.2% | +1.66pp | ||
| 2009 | 21.6% | +1.10pp | ||
| 2008 | 20.5% | +2.27pp | ||
| 2007 | 18.2% | +0.84pp | ||
| 2006 | 17.4% | -0.08pp | ||
| 2005 | 17.4% | -2.85pp | ||
| 2004 | 20.3% | +2.45pp | ||
| 2003 | 17.8% | +1.24pp | ||
| 2002 | 16.6% | +3.27pp | ||
| 2001 | 13.3% | -4.95pp | ||
| 2000 | 18.3% | +0.92pp | ||
| 1999 | 17.4% | +5.34pp | ||
| 1998 | 12.0% | +13.81pp | ||
| 1997 | -1.8% | -1.17pp | ||
| 1996 | -0.6% | -1.21pp | ||
| 1995 | 0.6% | — |
- 202520.3%-1.26pp
- 202421.6%-0.16pp
- 202321.7%-2.09pp
- 202223.8%-1.06pp
- 202124.9%+2.82pp
- 202022.1%-2.56pp
- 201924.6%+0.07pp
- 201824.5%+23.66pp
- 20170.9%-23.18pp
- 201624.1%+1.09pp
- 201523.0%+1.27pp
- 201421.7%-1.94pp
- 201323.6%-1.40pp
- 201225.0%+1.64pp
- 201123.4%+0.16pp
- 201023.2%+1.66pp
- 200921.6%+1.10pp
- 200820.5%+2.27pp
- 200718.2%+0.84pp
- 200617.4%-0.08pp
- 200517.4%-2.85pp
- 200420.3%+2.45pp
- 200317.8%+1.24pp
- 200216.6%+3.27pp
- 200113.3%-4.95pp
- 200018.3%+0.92pp
- 199917.4%+5.34pp
- 199812.0%+13.81pp
- 1997-1.8%-1.17pp
- 1996-0.6%-1.21pp
- 19950.6%—
Net Profit 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 Net Profit Margin at Waters Corporation (WAT)
According to Waters Corporation's latest reported financial statements, the company's latest reported net margin is 11.9%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual net margin for Waters Corporation (WAT) came in at 20.30% – contracted 1.3 percentage points year-over-year.
The highest annual net margin of 25.03% was reported in 2012. The lowest in the available history was -1.78% in 1997.
Waters Corporation Net Profit Margin by Year
Waters Corporation Net Profit Margin 2025: 20.3%
2025's net margin for Waters Corporation came in at 20.30%, contracted 1.3 percentage points from 2024.
Waters Corporation Net Profit Margin 2024: 21.6%
Waters Corporation posted net margin of 21.56% in 2024, contracted 0.2 percentage points from 2023.
Waters Corporation Net Profit Margin 2023: 21.7%
In 2023, Waters Corporation reported net margin of 21.72%, contracted 2.1 percentage points from 2022.
Waters Corporation Net Profit Margin 2022: 23.8%
Waters Corporation net margin in 2022 was 23.81%, contracted 1.1 percentage points from 2021.
Waters Corporation Net Profit Margin 2021: 24.9%
Waters Corporation net margin in 2021 was 24.87%.
See more financial history for Waters Corporation (WAT).
Sector peers by Net Profit Margin
Healthcare peers of Waters Corporation (WAT), ranked by their latest net margin
| 37.2% | |
| 35.0% | |
| 21.4% | |
| 20.9% | |
| 17.2% | |
| 13.6% | |
| 5.8% | |
| 2.7% |
- 37.2%
- 35.0%
- 20.9%
- 17.2%
- 13.6%
- 5.8%
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