earnings
confidence high
sentiment positive
materiality 0.75
Waters Q4 sales $873M beat guidance; non-GAAP EPS $4.10 up 13% YoY; FY2025 EPS guide $12.70-$13.00
WATERS CORP /DE/
2024-FY EPS reported
$10.71
revenue$2,958,387,000
- Q4 sales $873M, +6% reported / +8% constant currency; exceeded high-end of guidance range.
- Non-GAAP EPS $4.10 (+13% YoY); GAAP EPS $3.88; FX headwind ~9% in Q4.
- Full-year sales $2,958M (flat); non-GAAP EPS $11.86 (+1%); operating cash flow $762M; free cash flow $744M (25% of sales).
- FY2025 guidance: constant currency sales growth +4.5%–7.0%; non-GAAP EPS $12.70–$13.00; Q1 non-GAAP EPS $2.17–$2.25.
- Pharma sales +10% constant currency; instruments +8%, recurring +9% constant currency in Q4.