Waters Corporation
WATFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
2,958
Cost of Revenue
1,200
Gross Profit
1,758
Gross Margin
59.4%
Operating Income
826
Operating Margin
27.9%
Net Income
638
Net Margin
21.6%
EPS (Basic)
$10.75
EPS (Diluted)
$10.71
EBITDA
1,036
EBITDA Margin
35.0%
2023
12/31/2023
Revenue
2,956
Cost of Revenue
1,195
Gross Profit
1,761
Gross Margin
59.6%
Operating Income
818
Operating Margin
27.7%
Net Income
642
Net Margin
21.7%
EPS (Basic)
$10.87
EPS (Diluted)
$10.84
EBITDA
1,001
EBITDA Margin
33.9%
2022
12/31/2022
Revenue
2,972
Cost of Revenue
1,248
Gross Profit
1,724
Gross Margin
58.0%
Operating Income
873
Operating Margin
29.4%
Net Income
708
Net Margin
23.8%
EPS (Basic)
$11.80
EPS (Diluted)
$11.73
EBITDA
1,017
EBITDA Margin
34.2%
2021
12/31/2021
Revenue
2,786
Cost of Revenue
1,157
Gross Profit
1,629
Gross Margin
58.5%
Operating Income
822
Operating Margin
29.5%
Net Income
693
Net Margin
24.9%
EPS (Basic)
$11.25
EPS (Diluted)
$11.17
EBITDA
983
EBITDA Margin
35.3%
2020
12/31/2020
Revenue
2,365
Cost of Revenue
1,007
Gross Profit
1,359
Gross Margin
57.4%
Operating Income
645
Operating Margin
27.3%
Net Income
522
Net Margin
22.1%
EPS (Basic)
$8.40
EPS (Diluted)
$8.36
EBITDA
785
EBITDA Margin
33.2%