Waters WAT

Waters is the 252nd largest S&P 500 company by market cap, worth $44.6 billion. 11 directors have filed with the SEC in the last 12 months (who counts), 1 of them an executive. 4 other officers are on file. At 30 Jun 2026, Vanguard was its largest institutional holder, with 12.4% of the company.

CEO: Udit Batra
Sector: Health Care
Sub-industry: Life Sciences Tools & Services
Headquarters: Milford, Massachusetts
Founded: 1958
More: Wikipedia

Market cap: $44.6B; 252nd largest, 23 Oct 2026 close
Revenue: $3.2B; Fiscal year 2025
Price to sales: 14.1; Market cap over revenue
Employees: 7,900; 10-K, 31 Dec 2025
Market cap per employee: $5.6M; Market cap over employees
Connections: 3; S&P 500 companies sharing a director or officer

Largest institutional holders

Each fund group's share of Waters. Where a company has several share classes, the share is of its total value.

13F filings for the quarter to 30 Jun 2026

Vanguard12.4%
BlackRock8.6%
T. Rowe Price6.1%
MFS (Massachusetts Financial Services)4.7%
State Street4.5%

These five hold 36.3% of Waters.

Board and officers

3 people here also hold roles at other S&P 500 companies.

Roles filed up to 30 Sep 2026

Name	Title
Directors (11)
Udit BatraPresident and CEOLast filed 3 Mar 2026	President and CEO
Linda BaddourDirectorLast filed 27 Feb 2026	Director
Daniel J. BrennanDirectorLast filed 27 Feb 2026	Director
Richard H. FearonDirectorAlso at CRHLast filed 10 Mar 2026	Director
Claire FraserDirectorLast filed 27 Feb 2026	Director
Pearl S. HuangDirectorLast filed 27 Feb 2026	Director
Wei JiangDirector	Director
Heather KnightDirectorAlso at Solventum	Director
Christopher A. KueblerDirector	Director
Flemming OrnskovDirectorLast filed 27 Feb 2026	Director
Mark VergnanoDirectorAlso at Johnson ControlsLast filed 27 Feb 2026	Director
Officers (4)
Amol ChaubalSVP & Chief Financial OfficerLast filed 14 May 2026	SVP & Chief Financial Officer
Jianqing BennettSVP Waters Adv. DiagnosticsLast filed 7 Apr 2026	SVP Waters Adv. Diagnostics
Robert L. Carpio IIISVP Waters Analytical SciencesLast filed 25 Jun 2026	SVP Waters Analytical Sciences
Tong WuSVP Waters Analytical SciencesLast filed 31 Aug 2026	SVP Waters Analytical Sciences

Companies that share people with Waters

Each person's title here, then at the other company.

CRH CRH
- Richard H. Fearon: Director here, Director there
Johnson Controls JCI
- Mark Vergnano: Director here, Director there
Solventum SOLV
- Heather Knight: Director here, Chief Commercial Officer there

Waters's market cap since December 2008

Marked weeks are changes in the share count, such as a merger, not market moves.

Weekly, up to 23 Oct 2026

Log scaleShow equal percentage changes as equal steps.

The last week of each year, and the latest week
Week ending	Market cap
23 Oct 2026	$44.6B
26 Dec 2025	$23.0B
27 Dec 2024	$22.2B
29 Dec 2023	$19.5B
30 Dec 2022	$20.4B
31 Dec 2021	$22.7B
25 Dec 2020	$15.3B
27 Dec 2019	$15.1B
28 Dec 2018	$14.0B
29 Dec 2017	$15.4B
30 Dec 2016	$10.8B
25 Dec 2015	$10.9B
26 Dec 2014	$9.5B
27 Dec 2013	$8.5B
28 Dec 2012	$7.5B
30 Dec 2011	$6.6B
31 Dec 2010	$7.1B
25 Dec 2009	$5.8B
26 Dec 2008	$3.6B

Workforce

Headcount at 31 Dec 2025

Employees: 7,900

The Company employed approximately 7,900, 7,600 and 7,900 employees at December 31, 2025, 2024 and 2023, respectively, with approximately 39% of the Company’s employees located in the United States.

Waters Form 10-K

Insider trades

Open-market buys and sales by directors and officers. Grants, option exercises and shares withheld for tax are left out.

Trades from 30 Sep 2025 to 30 Sep 2026

Directors and officers sold $1.4 million of stock in 1 sale and bought $451,070 in 2 purchases in the 12 months to 30 Sep 2026.

Date	Person	Title	Type	Shares	Value
6 Aug 2026Sale	Christopher A. KueblerDirector	Director	Sale	3,626	$1.4M
16 Mar 2026Buy	Wei JiangDirector	Director	Buy	500	$145K
6 Mar 2026Buy	Richard H. FearonDirector	Director	Buy	1,000	$306K

Trades by members of Congress and officials

Trades members of Congress and senior executive branch officials disclosed, including their families'. Amounts are filed as ranges.

Trades from 20 Oct 2023 to 20 Oct 2026

8 people disclosed 16 purchases and 10 sales of Waters stock since October 2023.

Date	Member or official	Type	Amount
13 Aug 2026	Kevin Hern (House, R-OK)House, R-OK · Sold	Sale	$1,001 to $15,000$1K to $15K
13 Apr 2026	Rohit Khanna (House, D-CA)House, D-CA · Bought	Purchase	$1,001 to $15,000$1K to $15K
18 Mar 2026	Gilbert Cisneros (House, D-CA)House, D-CA · Bought	Purchase	$1,001 to $15,000$1K to $15K
10 Mar 2026	Thomas H. Kean Jr (House, R-NJ)House, R-NJ · Sold	Sale	$1,001 to $15,000$1K to $15K
13 Feb 2026	Thomas H. Kean Jr (House, R-NJ)House, R-NJ · Sold	Sale	$1,001 to $15,000$1K to $15K
29 Jan 2026	Rohit Khanna (House, D-CA)House, D-CA · Bought	Purchase	$1,001 to $15,000$1K to $15K
8 Dec 2025	Julia Letlow (House, R-LA)House, R-LA · Bought	Purchase	$1,001 to $15,000$1K to $15K
30 Sep 2025	Gilbert Cisneros (House, D-CA)House, D-CA · Bought	Purchase	$1,001 to $15,000$1K to $15K
29 Sep 2025	Rohit Khanna (House, D-CA)House, D-CA · Bought	Purchase	$1,001 to $15,000$1K to $15K
26 Aug 2025	Gilbert Cisneros (House, D-CA)House, D-CA · Bought	Purchase	$1,001 to $15,000$1K to $15K

Showing 10 of 26 trades

Not on file: no WARN layoff notices under its own name since October 2023.