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Waters's gross profit for the
three
months ended in Jun. 2026 was $734 Mil. Waters's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $2,364 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Waters's gross profit for the
three
months ended in Jun. 2026 was $734 Mil. Waters's Revenue for the
three
months ended in Jun. 2026 was $1,645 Mil. Therefore, Waters's Gross Margin % for the quarter that ended in Jun. 2026 was 44.62%.
Waters had a gross margin of 44.62% for the quarter that ended in Jun. 2026 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Waters was 59.57%. The lowest was 50.89%. And the median was 58.93%.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Waters had a gross margin of 44.62% for the quarter that ended in Jun. 2026 => Durable competitive advantage
Waters Gross Profit Related Terms
Waters Gross Profit Historical Data
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The historical data trend for Waters's Gross Profit 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 Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Waters's Gross Profit distribution charts can be found below:
* The bar in red indicates where Waters's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,364 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Waters's Gross Margin % for the quarter that ended in Jun. 2026 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Waters (WAT) has a Gross Profit of $2,364 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Waters and its competitors.
Is Waters' Gross Profit too high?
Waters' current Gross Profit is $2,364 Mil. Overall, Waters has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Waters' Gross Profit compare to NTRA and IQV?
Waters' Gross Profit of $2,364 Mil can be compared against companies in the Medical Diagnostics & Research industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Medical Diagnostics & Research company?
A good Gross Profit depends on the Medical Diagnostics & Research industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Waters and its competitors. Waters's current Gross Profit is $2,364 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waters stock overvalued right now?
Based on GuruFocus' analysis, Waters (WAT) is currently considered Fairly Valued. The stock's GF Value™ is $410.13, compared to a current price of $412.17 — trading 0.5% above its estimated fair value. The current Gross Profit is $2,364 Mil. Waters' overall GF Score™ is 96/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Waters (WAT), the current Gross Profit is $2,364 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Waters (WAT) Overvalued in 2026?
Based on GuruFocus' analysis, Waters stock appears to be overvalued.
The current stock price of $412.17 is trading 0.5% above its estimated GF Value™ of $410.13.
GuruFocus considers Waters to be Fairly Valued.
Key valuation signals for WAT:
Gross Profit: $2,364 Mil
GF Value™: $410.13 vs. price of $412.17 (0.5% above fair value)
No single metric tells the full story. See the WAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Waters 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. In early 2026, Waters merged with BD's life science and diagnostics business, which increased its concentration in diagnostics (versus none now) and discovery-related life science tools.
96GF Score
Get the complete analysis for WAT
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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