WAT
WATERS CORP /DE/
+9.17 (+2.19%)427.81USD221K成交股數42.0B市值165.2本益比(近四季)9.3股價營收比+113.3%營收年增(近四季)2026-10-30下次財報
財報 SEC XBRL 申報值 · 美元 · 財年於 12 月結束
逐季數字是 10-Q 的單季值;財年第四季 XBRL 只有年度值,這裡用年度減前三季推算。年增率比的是去年同一會計季。
營收與利潤率近 16 季
稀釋 EPS近 16 季 · 美元
現金流近 16 季
股東回饋近 16 季 · 庫藏股與股利
損益表 逐季 · 最新在左 · 小字是年增率
| 科目 | 26Q3 | 26Q2 | 25Q4 | 25Q3 | 25Q3 | 25Q2 | 25Q2 | 25Q1 | 25Q1 | 24Q4 | 24Q3 | 24Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 營收 | 1.6B+106% | 1.3B+64% | 932M+21% | 800M+21% | 800M+21% | 771M-12% | 771M+4% | 662M-11% | 662M | 873M | 740M | 740M |
| 營業成本 | – | – | 363M | 328M | – | 321M | – | 277M | – | 349M | 302M | – |
| 毛利 | – | – | 569M | 472M+23% | – | 450M-14% | – | 385M | – | 524M | 439M | – |
| 毛利率 | – | – | 61.1% | 59.0% | – | 58.3% | – | 58.2% | – | 60.1% | 59.3% | – |
| 研發費用 | 122M | 96.0M | 46.9M | 53.6M | 53.6M | 48.5M | 49.0M | 46.6M | 47.0M | 46.9M | 45.3M | 45.3M |
| 銷售管理費用 | 405M | 387M | 240M | 214M | 214M | 201M | 198M | 175M | 174M | 173M | 169M | 169M |
| 營業利益 | −86.0M-145% | −47.0M-125% | 271M+44% | 192M+27% | 192M+26% | 188M-36% | 188M-11% | 152M-28% | 152M | 292M | 211M | 211M |
| 營業利益率 | -5.2% | -3.7% | 29.0% | 24.0% | 24.0% | 24.4% | 24.4% | 22.9% | 23.0% | 33.5% | 28.5% | 28.5% |
| 稅後淨利 | −136M-191% | −72.0M-149% | 225M+53% | 149M+23% | 149M+23% | 147M-36% | 147M-9% | 121M-25% | 121M | 231M | 162M | 162M |
| 淨利率 | -8.3% | -5.7% | 24.2% | 18.6% | 18.6% | 19.1% | 19.1% | 18.3% | 18.3% | 26.5% | 21.8% | 21.8% |
| 稀釋 EPS | -1.39-156% | -0.87-135% | 3.77+53% | 2.50+23% | 2.50+23% | 2.47-36% | 2.47-9% | 2.03-25% | 2.03 | 3.88 | 2.71 | 2.71 |
| 稀釋股數 | 98.20B | 82.14B | 59.8M | 59.6M | 59.6M | 59.7M | 59.66B | 59.7M | 59.71B | 59.6M | 59.5M | 59.5M |
資產負債表 期末餘額
| 科目 | 26Q3 | 26Q2 | 25Q4 | 25Q3 | 25Q3 | 25Q2 | 25Q2 | 25Q1 | 25Q1 | 24Q4 | 24Q3 | 24Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 現金與約當現金 | 539M | 462M | 588M | – | 459M | – | 367M | – | 383M | 325M | – | 331M |
| 應收帳款 | 2.0B | 673M | 829M | – | 749M | – | 730M | – | 713M | 733M | – | 670M |
| 存貨 | 1.4B | 1.5B | 572M | – | 573M | – | 541M | – | 511M | 477M | – | 519M |
| 總資產 | 24.8B | 24.5B | 5.1B | – | 4.9B | – | 4.7B | – | 4.6B | 4.6B | – | 4.5B |
| 有息負債 | 4.9B | 4.9B | 947M | – | 947M | – | 1.2B | – | 1.4B | 1.6B | – | 1.8B |
| 總負債 | 9.6B | 9.2B | 2.5B | – | 2.5B | – | 2.6B | – | 2.6B | 2.7B | – | 2.9B |
| 股東權益 | 15.2B | 15.3B | 2.6B | – | 2.3B | – | 2.2B | – | 2.0B | 1.8B | – | 1.6B |
| 負債比 | 38.6% | 37.7% | 49.5% | – | 52.1% | – | 54.2% | – | 57.3% | 59.8% | – | 64.5% |
| 淨現金(現金 − 有息負債) | −4.3B | −4.4B | −359M | – | −488M | – | −830M | – | −974M | −1.3B | – | −1.5B |
現金流量表 單季
| 科目 | 26Q3 | 26Q2 | 25Q4 | 25Q3 | 25Q3 | 25Q2 | 25Q2 | 25Q1 | 25Q1 | 24Q4 | 24Q3 | 24Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 營業現金流 | – | −3.0M | – | – | – | – | – | – | 260M | – | – | – |
| 資本支出 | – | 39.0M | – | – | – | – | – | – | 26.0M | – | – | – |
| 自由現金流 | – | −42.0M | – | – | – | – | – | – | 234M | – | – | – |
| 折舊攤銷 | – | – | – | – | – | – | – | – | – | – | – | – |
| 買回庫藏股 | – | 12.0M | – | – | – | – | – | – | 14.0M | – | – | – |
| 現金股利 | – | – | – | – | – | – | – | – | – | – | – | – |
| 自由現金流率 | – | -3.3% | – | – | – | – | – | – | 35.3% | – | – | – |
營收拆解 2025 年度 10-K 的分部揭露 · 年增對前一年度
地區2025 年度 · 3.2B
| 美國 | 966M | 30.5% | +3.4% |
|---|---|---|---|
| 歐洲 | 963M | 30.4% | +10.3% |
| Asia Other | 603M | 19.0% | +5.3% |
| 中國 | 437M | 13.8% | +10.3% |
| Americas Other | 196M | 6.2% | +7.6% |
| 美洲 小計 | 1.2B | 36.7% | +4.1% |
| 亞太 小計 | 1.0B | 32.9% | +7.3% |
主要客戶2025 年度 · 3.2B
| Pharmaceutical Customers | 1.9B | 59.2% | +9.0% |
|---|---|---|---|
| Industrial Customers | 961M | 30.4% | +5.8% |
| Governmental And Academic Customers | 331M | 10.4% | -0.1% |
產品／服務2025 年度 · 3.2B
| Waters Instrument Systems | 1.1B | 34.8% | +6.7% |
|---|---|---|---|
| Waters Service | 1.1B | 34.1% | +7.3% |
| Chemistry Consumables | 631M | 19.9% | +11.7% |
| Ta Instrument Systems | 244M | 7.7% | -1.0% |
| Ta Service | 108M | 3.4% | +0.2% |
| 產品 小計 | 2.0B | 62.5% | +7.2% |
| 服務 小計 | 1.2B | 37.5% | +6.6% |
各維度的加總不一定等於合併營收:分部有時含內部交易、地區有時只揭露主要國家。挑的是加總最接近合併營收的那個標籤。
年度 10-K
| 財年 | 營收 | 年增 | 稅後淨利 | 淨利率 | 稀釋 EPS | 自由現金流 |
|---|---|---|---|---|---|---|
| FY2025 | 3.2B | +7.0% | 643M | 20.3% | 10.76 | 540M |
| FY2024 | 3.0B | +0.1% | 638M | 21.6% | 10.71 | 620M |
| FY2023 | 3.0B | -0.5% | 642M | 21.7% | 10.84 | 442M |
| FY2022 | 3.0B | +6.7% | 708M | 23.8% | 11.73 | – |
| FY2021 | 2.8B | +17.8% | 693M | 24.9% | 11.17 | – |
| FY2020 | 2.4B | -1.7% | 522M | 22.1% | 8.36 | – |
| FY2019 | 2.4B | -0.6% | 592M | 24.6% | 8.69 | – |
| FY2018 | 2.4B | – | 594M | 24.5% | 7.65 | – |