What is the current annual net margin of WAT?

As of today, WAT annual net margin is 20.30%

What is 1-year change in WAT annual net margin?

WAT annual net margin is down -5.84% year-over-year

What is 3-year change in WAT annual net margin?

WAT annual net margin is down -14.74% over the past 3 years

How far is WAT annual net margin from its all-time high?

WAT annual net margin is currently -18.90% below its historical high of 25.03% set on December 31, 2012

How does WAT annual net margin rank versus sector peers?

WAT annual net margin is higher than 93.09% of companies in Healthcare sector

When is WAT next annual earnings release?

As of today, the next annual earnings release for WAT has not been scheduled

What is the current quarterly net margin of WAT?

As of today, WAT quarterly net margin is -8.27%

What is WAT quarterly net margin most recent change?

WAT quarterly net margin was down -45.60% on June 1, 2026

What is 1-year change in WAT quarterly net margin?

WAT quarterly net margin is down -143.37% year-over-year

How far is WAT quarterly net margin from its all-time high?

WAT quarterly net margin is currently -124.53% below its historical high of 33.72% set on December 31, 2012

How does WAT quarterly net margin rank versus sector peers?

WAT quarterly net margin is higher than 57.35% of companies in Healthcare sector

When is WAT next earnings release?

The next earnings release for WAT is on October 30, 2026

WAT Net Margin History & Chart Since 1995

Annual Net Margin

20.30%1.26%-5.84%

December 31, 2025

Summary

Current Value: As of today, WAT annual net margin is 20.30%, down -5.84% on December 31, 2025
Historical Performance: WAT annual net margin is down -14.74% over the past 3 years, down -7.94% over the past 5 years
All-Time High Comparison: WAT annual net margin is currently -18.90% below its historical high of 25.03% set on December 31, 2012
3-Year Low Comparison: WAT annual net margin is at its 3-year low
Sector Comparison: WAT annual net margin is higher than 93.09% of companies in Healthcare sector

Net Margin Chart

beforeafter

Performance

WAT Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 25	20.30%	-5.8%	-14.7%	-7.9%	-12.6%
Quarterly Net Margin	Jun 1, 26	-8.27%	-143.4%	-140.7%	-133.7%	-137.0%
Price	Sep 21, 26	$423.92	+40.9%	+57.7%	+8.1%	+449.4%
PE Ratio	Sep 21, 26	105.86	+290.3%	+346.1%	+201.1%	+522.7%
Annual Revenue	Dec 31, 25	$3.17B	+7.0%	+6.5%	+33.8%	+92.6%
Annual Net Income	Dec 31, 25	$642.63M	+0.8%	-9.2%	+23.2%	+68.3%
Annual Gross Margin	Dec 31, 25	57.77%	-0.1%	-0.3%	+1.6%	-3.8%
Annual Operating Margin	Dec 31, 25	28.22%	-2.0%	-5.5%	-1.5%	+1.3%

Net Margin Highs

WAT Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	23.81%	N/A	-14.7%
5Y	24.87%	Dec 31, 21	-18.4%
All	25.03%	Dec 31, 12	-18.9%

Net Margin Lows

WAT Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	20.30%	Dec 31, 25	at low
5Y	20.30%	Dec 31, 25	at low
All	-1.78%	Dec 31, 97	+1240.5%

Net Margin History

Year	Value	Change
2025	20.30%	-5.8%
2024	21.56%	-0.7%
2023	21.72%	-8.8%
2022	23.81%	-4.3%
2021	24.87%	+12.8%
2020	22.05%	-10.4%
2019	24.61%	+0.3%
2018	24.54%	+2,688.6%
2017	0.88%	-96.3%
2016	24.06%	+4.7%
2015	22.97%	+5.9%
2014	21.70%	-8.2%
2013	23.63%	-5.6%
2012	25.03%	+7.0%
2011	23.39%	+0.7%
2010	23.23%	+7.7%

Year	Value	Change
2009	21.57%	+5.4%
2008	20.47%	+12.5%
2007	18.20%	+4.8%
2006	17.36%	-0.5%
2005	17.44%	-14.0%
2004	20.28%	+13.7%
2003	17.83%	+4.3%
2002	17.10%	+28.3%
2001	13.33%	-32.1%
2000	19.64%	+13.1%
1999	17.36%	+44.4%
1998	12.02%	+775.3%
1997	-1.78%	-135.0%
1996	5.08%	+19.8%
1995	4.24%	-

FAQ

What is the current annual net margin of WAT?: As of today, WAT annual net margin is 20.30%
What is 1-year change in WAT annual net margin?: WAT annual net margin is down -5.84% year-over-year
What is 3-year change in WAT annual net margin?: WAT annual net margin is down -14.74% over the past 3 years
How far is WAT annual net margin from its all-time high?: WAT annual net margin is currently -18.90% below its historical high of 25.03% set on December 31, 2012
How does WAT annual net margin rank versus sector peers?: WAT annual net margin is higher than 93.09% of companies in Healthcare sector
When is WAT next annual earnings release?: As of today, the next annual earnings release for WAT has not been scheduled

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

-8.27%2.59%-45.60%

June 1, 2026

Summary

Current Value: As of today, WAT quarterly net margin is -8.27%, down -45.60% on June 1, 2026
Historical Performance: WAT quarterly net margin is down -143.37% year-over-year, down -140.68% over the past 3 years
All-Time High Comparison: WAT quarterly net margin is currently -124.53% below its historical high of 33.72% set on December 31, 2012
3-Year Low Comparison: WAT quarterly net margin is at its 3-year low
Sector Comparison: WAT quarterly net margin is higher than 57.35% of companies in Healthcare sector

Performance

WAT Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Jun 1, 26	-8.27%	-45.6%	-143.4%	-140.7%	-133.7%
Annual Net Margin	Dec 31, 25	20.30%	–	-5.8%	-14.7%	-7.9%
Price	Sep 21, 26	$423.92	+19.3%	+40.9%	+57.7%	+8.1%
PE Ratio	Sep 21, 26	105.86	+19.3%	+290.3%	+346.1%	+201.1%
Quarterly Revenue	Jun 1, 26	$1.65B	+29.8%	+113.3%	+122.1%	+141.3%
Quarterly Net Income	Jun 1, 26	-$136.00M	-88.9%	-192.4%	-190.3%	-181.3%
Quarterly Gross Margin	Jun 1, 26	29.97%	-13.1%	-47.2%	-48.6%	-48.9%
Quarterly Operating Margin	Jun 1, 26	-0.36%	-108.8%	-101.5%	-101.3%	-101.3%

Quarterly Net Margin Highs

WAT Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	24.16%	Dec 31, 25	-134.2%
3Y	26.51%	Dec 31, 24	-131.2%
5Y	26.51%	Dec 31, 24	-131.2%
All	33.72%	Dec 31, 12	-124.5%

Quarterly Net Margin Lows

WAT Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	-8.27%	Jun 1, 26	at low
3Y	-8.27%	Jun 1, 26	at low
5Y	-8.27%	Jun 1, 26	at low
All	-51.39%	Dec 31, 17	+83.9%

Quarterly Net Margin History

Month	Value	Change
Jun 2026	-8.27%	-45.6%
Mar 2026	-5.68%	-123.5%
Dec 2025	24.16%	+29.8%
Sep 2025	18.62%	-2.4%
Jun 2025	19.07%	+4.0%
Mar 2025	18.34%	-30.8%
Dec 2024	26.51%	+21.5%
Sep 2024	21.82%	+8.3%
Jun 2024	20.15%	+25.5%
Mar 2024	16.05%	-39.2%
Dec 2023	26.38%	+39.5%
Sep 2023	18.91%	-7.0%
Jun 2023	20.33%	-1.2%
Mar 2023	20.58%	-22.2%
Dec 2022	26.45%	+20.1%
Sep 2022	22.02%	-4.6%
Jun 2022	23.08%	-0.3%
Mar 2022	23.14%	-10.5%
Dec 2021	25.85%	+5.7%
Sep 2021	24.45%	-0.4%
Jun 2021	24.54%	+0.8%
Mar 2021	24.34%	-12.3%
Dec 2020	27.75%	+30.0%
Sep 2020	21.35%	-9.7%
Jun 2020	23.64%	+105.2%
Mar 2020	11.52%	-58.9%
Dec 2019	28.01%	+17.0%
Sep 2019	23.93%	-0.7%
Jun 2019	24.10%	+13.6%
Mar 2019	21.21%	-18.1%
Dec 2018	25.89%	+6.1%
Sep 2018	24.40%	-6.5%
Jun 2018	26.11%	+23.7%
Mar 2018	21.10%	+141.1%
Dec 2017	-51.39%	-313.6%
Sep 2017	24.06%	+1.9%
Jun 2017	23.61%	+11.4%
Mar 2017	21.20%	-23.5%
Dec 2016	27.73%	+17.0%
Sep 2016	23.70%	-0.8%
Jun 2016	23.90%	+20.8%
Mar 2016	19.79%	-23.1%
Dec 2015	25.75%	+10.8%
Sep 2015	23.23%	+8.8%
Jun 2015	21.36%	+2.4%
Mar 2015	20.86%	-19.5%
Dec 2014	25.91%	+12.6%
Sep 2014	23.01%	+14.8%
Jun 2014	20.04%	+22.7%
Mar 2014	16.33%	-34.8%
Dec 2013	25.04%	+16.8%
Sep 2013	21.44%	+8.3%
Jun 2013	19.80%	-29.6%
Mar 2013	28.13%	-16.6%
Dec 2012	33.72%	+53.1%
Sep 2012	22.03%	+1.8%
Jun 2012	21.65%	+2.7%
Mar 2012	21.09%	-19.8%
Dec 2011	26.30%	+18.0%
Sep 2011	22.28%	-0.4%
Jun 2011	22.36%	+1.2%
Mar 2011	22.10%	-15.6%
Dec 2010	26.18%	+10.8%

Month	Value	Change
Sep 2010	23.62%	+8.7%
Jun 2010	21.72%	+5.7%
Mar 2010	20.54%	-15.4%
Dec 2009	24.28%	+19.5%
Sep 2009	20.31%	+5.4%
Jun 2009	19.27%	-12.5%
Mar 2009	22.02%	-7.3%
Dec 2008	23.75%	+28.3%
Sep 2008	18.51%	-11.2%
Jun 2008	20.85%	+13.2%
Mar 2008	18.42%	-18.6%
Dec 2007	22.64%	+49.8%
Sep 2007	15.11%	-11.1%
Jun 2007	16.99%	+0.5%
Mar 2007	16.91%	-18.1%
Dec 2006	20.65%	+23.4%
Sep 2006	16.73%	+5.7%
Jun 2006	15.83%	+4.1%
Mar 2006	15.21%	-33.1%
Dec 2005	22.75%	+141.5%
Sep 2005	9.42%	-50.4%
Jun 2005	18.99%	+9.3%
Mar 2005	17.37%	-21.3%
Dec 2004	22.06%	+12.5%
Sep 2004	19.61%	-14.5%
Jun 2004	22.94%	+43.3%
Mar 2004	16.01%	-24.6%
Dec 2003	21.23%	+34.3%
Sep 2003	15.81%	-13.0%
Jun 2003	18.17%	+18.2%
Mar 2003	15.37%	-2.1%
Dec 2002	15.70%	-13.1%
Sep 2002	18.06%	+3.5%
Jun 2002	17.45%	-0.8%
Mar 2002	17.59%	+3,186.0%
Dec 2001	-0.57%	-103.0%
Sep 2001	18.87%	-0.7%
Jun 2001	19.01%	-0.5%
Mar 2001	19.10%	-14.8%
Dec 2000	22.42%	+13.7%
Sep 2000	19.71%	+3.3%
Jun 2000	19.08%	+13.7%
Mar 2000	16.78%	-18.8%
Dec 1999	20.67%	+22.1%
Sep 1999	16.93%	+0.9%
Jun 1999	16.78%	+17.1%
Mar 1999	14.33%	-20.1%
Dec 1998	17.93%	+24.0%
Sep 1998	14.46%	+7.3%
Jun 1998	13.47%	+7,383.3%
Mar 1998	0.18%	-95.2%
Dec 1997	3.75%	+109.6%
Sep 1997	-39.14%	-380.8%
Jun 1997	13.94%	+16.1%
Mar 1997	12.01%	-12.0%
Dec 1996	13.64%	+109.8%
Sep 1996	6.50%	+119.4%
Jun 1996	-33.54%	-449.0%
Mar 1996	9.61%	+181.3%
Dec 1995	-11.82%	-202.4%
Sep 1995	11.54%	+126.3%
Jun 1995	5.10%	+539.7%
Mar 1995	-1.16%	-

FAQ

What is the current quarterly net margin of WAT?: As of today, WAT quarterly net margin is -8.27%
What is WAT quarterly net margin most recent change?: WAT quarterly net margin was down -45.60% on June 1, 2026
What is 1-year change in WAT quarterly net margin?: WAT quarterly net margin is down -143.37% year-over-year
How far is WAT quarterly net margin from its all-time high?: WAT quarterly net margin is currently -124.53% below its historical high of 33.72% set on December 31, 2012
How does WAT quarterly net margin rank versus sector peers?: WAT quarterly net margin is higher than 57.35% of companies in Healthcare sector
When is WAT next earnings release?: The next earnings release for WAT is on October 30, 2026

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

WAT Official Website www.waters.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1000697/000119312526041897/0001193125-26-041897-index.htm
WAT Profile on Yahoo Finance finance.yahoo.com/quote/WAT
WAT Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/wat