Waters is a holding company. Through its subsidiaries, Co. is a specialty measurement company. Co. primarily designs, manufactures, sells and services high performance liquid chromatography, ultra performance liquid chromatography and mass spectrometry technology systems and support products, including chromatography columns, other consumable products and post-warranty service plans. In addition, Co. designs, manufactures, sells and services thermal analysis, rheometry and calorimetry instruments through its TA product line. Co. is also a developer and supplier of software-based products that interface with its instruments, as well as other manufacturers' instruments. We show 50 historical shares outstanding datapoints in our WAT shares outstanding history coverage, used to compute WAT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WAT market cap history over the course of time is important for investors
interested in comparing WAT's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of WAT versus a peer is one thing; comparing
WAT market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like WAT can fluctuate over the course of history.
With this page we aim to empower investors researching WAT by allowing them to research the WAT market cap history. |