Company / Interest Expense
Waters Corporation Interest Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$69.5M
FY2025
5-year range
$44.9M / $98.9M
FY2021-FY2025
Trend
-22.4%
vs FY2024
Sector context
#23 of 44
Health Care
What the data says
At $70M, Waters Corporation's interest expense ranks #22 of 44 in the Health Care sector. Interest Expense has fluctuated over the past 10 years, ranging from $45M in FY2016 to $99M in FY2023.
Based on SEC 10-K filings.
$70M in FY2025 with a 5-year CAGR of +7.2%.
Improved from $99M to $70M over the past 2 years.
Health Care sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +12.5%
- 5-Year CAGR
- +7.2%
- 10-Year CAGR
- -
Sector benchmark
#22 of 44 in Health CareTop 48% of 44This company $69.5M Sector average $316.9M
▼
-78.1% below sector average
Key checks
Key Insights
- 5-year CAGR of +7.2%, indicating consistent growth.
- In FY2025, interest expense decreased 22.4% year-over-year.
- Ranks #23 out of 44 companies in the Health Care sector.
- Peak interest expense was recorded in FY2023.
Company context
Key Data Points
- Altman Z-Score 3.41 (safe zone, above 2.9 threshold)
- Strong profit margin: 21.6%
- Strong return on equity: 34.9%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $69.5M | -22.4% |
| FY2024 | $89.7M | -9.3% |
| FY2023 | $98.9M | +102.6% |
| FY2022 | $48.8M | +8.6% |
| FY2021 | $44.9M | -8.4% |
| FY2020 | $49.1M | +0.8% |
| FY2019 | $48.7M | +0.1% |
| FY2018 | $48.6M | -14.4% |
| FY2017 | $56.8M | +26.6% |
| FY2016 | $44.9M | +23.9% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026