With a market cap of $40.7 billion, Waters Corporation (WAT) is a global leader in life sciences and diagnostics, providing analytical technologies, informatics, and services that support drug development, food and water safety, and improved patient outcomes. With deep expertise across chemistry, physics, and biology, its approximately 16,000 employees help customers turn complex scientific challenges into breakthroughs worldwide.
Shares of the Milford, Massachusetts-based company have surpassed the broader market over the past 52 weeks. WAT stock has climbed nearly 43% over this time frame, while the broader S&P 500 Index ($SPX) has gained 19.3%. However, the stock has risen 10.9% on a YTD basis, lagging behind SPX's 12.9% return.