Company / Working Capital
Waters Corporation Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$908.1M
FY2025
5-year range
$879.4M / $978.2M
FY2021-FY2025
Trend
+3.3%
vs FY2024
Sector context
#43 of 160
Health Care
What the data says
At $908M, Waters Corporation's working capital ranks #43 of 160 in the Health Care sector. Working Capital returned to growth in FY2025 after 2 years of decline, reaching $908M.
Based on SEC 10-K filings.
$908M in FY2025 with a 5-year CAGR of +8.8%.
Declined from $963M to $908M over the past 2 years.
Health Care sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -2.4%
- 5-Year CAGR
- +8.8%
- 10-Year CAGR
- -
Sector benchmark
#43 of 160 in Health CareTop 27% of 160This company $908.1M Sector average $757.1M
▼
+20.0% above sector average
Key checks
Key Insights
- 5-year CAGR of +8.8%, indicating consistent growth.
- In FY2025, working capital increased 3.3% year-over-year.
- Ranks #43 out of 160 companies in the Health Care sector.
- Peak working capital was recorded in FY2017.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $908.1M | +3.3% |
| FY2024 | $879.4M | -8.7% |
| FY2023 | $963.3M | -1.5% |
| FY2022 | $978.2M | +3.1% |
| FY2021 | $948.4M | +59.1% |
| FY2020 | $596.0M | -17.3% |
| FY2019 | $721.2M | -67.4% |
| FY2018 | $2.2B | -39.6% |
| FY2017 | $3.7B | +17.6% |
| FY2016 | $3.1B | +17.6% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026