FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
As of today, Waters's Trailing 12-Month Free Cash Flow is $442 Mil, and Market Cap is $18,463 Mil. Therefore, Waters's FCF Yield % for today is 2.39%.
The historical rank and industry rank for Waters's FCF Yield % or its related term are showing as below:
WAT'
s FCF Yield % Range Over the Past 10 Years
Min: 2 Med: 3.73 Max: 4.94
Current: 2.39
During the past 13 years, the highest FCF Yield % of Waters was 4.94%. The lowest was 2.00%. And the median was 3.73%.
WAT's FCF Yield % is ranked better than 72.1% of 233
companies
in the Medical Diagnostics & Research industry
Industry Median: -3.43
vs WAT: 2.39
Waters's FCF Margin % for the quarter that ended in Dec. 2023 was 23.01%.
Waters FCF Yield % Historical Data
The historical data trend for Waters's FCF Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Diagnostics & Research subindustry, Waters's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Waters's FCF Yield % Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Waters's FCF Yield % distribution charts can be found below:
* The bar in red indicates where Waters's FCF Yield % falls into.
Waters FCF Yield % Calculation
FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
Waters's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Waters FCF Yield % Explanation
Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.
Waters FCF Yield % Related Terms
Thank you for viewing the detailed overview of Waters's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Water sells liquid chromatography, mass spectrometry, and thermal analysis tools. These analytical instruments provide essential information on various products, such as their molecular structures and physical properties, to help clients enhance the health and well-being of end users. As a percentage of sales in 2022, Waters generated 59% from pharmaceutical customers, 31% from industrial clients, and 10% from academic/government institutions.
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