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Waters Corporation (WAT)

USD373.22 -3.21 (-0.85%)
US NYSE S&P 500 Healthcare Medical - Diagnostics & Research
Address 34 Maple Street 1757
Milford, MA, US
CEO Udit Batra
Website waters.com
IPO 1995-11-17
CIK 1000697 ISIN US9418481035

Explore sections of this company profile

Also trades on London Stock Exchange · 0LTI.L (USD) New York Stock Exchange · WAT (USD)
Description

Waters Corporation is a global leader in specialized measurement, delivering analytical solutions across Asia, the Americas, and Europe. The company operates through two main divisions: Waters and TA. Under its Waters segment, it engineers, manufactures, sells, and provides support for high and ultra-performance liquid chromatography and mass spectrometry (MS) systems. This includes essential consumables like chromatography columns and comprehensive post-warranty service plans. The TA segment focuses on designing, producing, selling, and servicing instruments for thermal analysis, rheometry, and calorimetry. Additionally, Waters develops and supplies sophisticated software that integrates with both its own instruments and those from other manufacturers. The company's advanced MS technology plays a crucial role in various applications, such as drug discovery and development (including clinical trial assessments), analyzing proteins involved in disease processes, ensuring nutritional safety, and conducting environmental testing. Its thermal analysis, rheometry, and calorimetry instruments are vital for assessing the suitability and stability of a wide range of materials, including fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids. These instruments support diverse sectors like industrial manufacturing, consumer goods, healthcare products, and life science research. Waters' extensive client base spans the life sciences, pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental sectors, where its products are instrumental in research and development, quality assurance, and general laboratory operations. Established in 1958, Waters Corporation is headquartered in Milford, Massachusetts.

Market Cap & Enterprise Value
Merger & Acquisition History
Target company Ticker Date Filing
Becton, Dickinson and Company BDX 2025-12-11 View

Index membership

IndexAddedRemovedStatus
S&P 500 2001-12-31 Active
Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD373.22 -3.21 (-0.85%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
1.20
Float Shares
59.43M
Free Float %
99.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.19% +0.89% +8.48% +8.92% -7.14% -7.27% -1.90% +28.87% +11.64% +161.36% +9,214.64%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (34 ratings, all time) Hold
Price Targets & DCF
Current price
373.22
Low 350.00 -6.2%
Consensus 402.75 +7.9%
Median 401.00 +7.4%
High 480.00 +28.6%
DCF (Unlevered) 260.01 -30.3%
DCF (Levered) 178.84 -52.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 59% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 11 -1
Hold 9 -2
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month 4
384.25
+3.0%
Last Quarter 5
377.40
+1.1%
Last Year 16
395.81
+6.1%
All Time 28
379.21
+1.6%
Quality scores
Altman Z-Score
1.91
Grey zone
Piotroski F-Score
3 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Medical - Diagnostics & Research: +7.9%
    +7.0% Q2'26: +91.5% (vs Q1'25)
  • EPS growth Medical - Diagnostics & Research: +30.8%
    +0.5% Q2'26: -142.9% (vs Q1'25)
  • FCF margin FCF growth · Medical - Diagnostics & Research: +32.2%
    +15.3% Q2'26: -3.3% (vs Q1'25)
  • EBIT margin Medical - Diagnostics & Research: +9.6%
    +25.5% Q2'26: -3.6% (vs Q1'25)
  • ROIC Medical - Diagnostics & Research: +5.2%
    +20.3% Q2'26: -0.8% (vs Q1'25)
  • Share dilution Medical - Diagnostics & Research: 0.0%
    +0.3% Q2'26: +37.6% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Medical - Diagnostics & Research: -0.13×
    1.39× Q2'26: 12.30× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.14) × ERP
WACC = 94% × Ke + 6% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 257.30 Current price: 373.22
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2008
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
16 Rev. Ana.
12 EPS Ana.
Dec 2027
16 Rev. Ana.
12 EPS Ana.
Dec 2028
15 Rev. Ana.
4 EPS Ana.
Dec 2029
11 Rev. Ana.
2 EPS Ana.
Dec 2030
7 Rev. Ana.
2 EPS Ana.
Revenue
1.58B
est: 1.45B (+8.3%)
1.84B
est: 1.87B (-1.6%)
1.90B
est: 1.95B (-2.2%)
1.99B
est: 2.02B (-1.4%)
2.04B
est: 2.04B (+0.2%)
2.17B
est: 2.16B (+0.6%)
2.31B
est: 2.29B (+0.8%)
2.42B
est: 2.41B (+0.5%)
2.41B
est: 2.40B (+0.1%)
2.37B
est: 2.29B (+3.2%)
2.79B
est: 2.77B (+0.6%)
2.97B
est: 2.95B (+0.9%)
2.96B
est: 2.88B (+2.8%)
2.96B
est: 2.94B (+0.5%)
3.17B
est: 3.16B (+0.1%)
6.44B
6.41B – 6.46B
+103.6% YoY
7.09B
6.88B – 7.21B
+10.1% YoY
7.50B
7.49B – 7.52B
+5.9% YoY
8.01B
7.86B – 8.10B
+6.7% YoY
8.36B
8.20B – 8.45B
+4.3% YoY
EBITDA
475.98M
est: 400.64M (+18.8%)
584.53M
est: 592.54M (-1.4%)
599.85M
est: 608.57M (-1.4%)
619.16M
est: 611.51M (+1.3%)
668.15M
est: 699.22M (-4.4%)
741.47M
est: 739.71M (+0.2%)
803.94M
est: 786.08M (+2.3%)
839.20M
est: 806.39M (+4.1%)
832.23M
est: 826.75M (+0.7%)
785.35M
est: 605.07M (+29.8%)
982.81M
est: 806.47M (+21.9%)
1.02B
est: 926.63M (+9.8%)
1.00B
est: 980.09M (+2.1%)
1.04B
est: 1.00B (+3.4%)
1.01B
est: 1.08B (-6.1%)
2.19B
2.18B – 2.20B
+103.6% YoY
2.42B
2.34B – 2.46B
+10.1% YoY
2.56B
2.55B – 2.56B
+5.9% YoY
2.73B
2.68B – 2.76B
+6.7% YoY
2.85B
2.79B – 2.88B
+4.3% YoY
EBIT
410.71M
est: 356.77M (+15.1%)
515.70M
est: 518.55M (-0.5%)
520.16M
est: 524.54M (-0.8%)
524.93M
est: 514.00M (+2.1%)
578.16M
est: 591.19M (-2.2%)
645.03M
est: 625.42M (+3.1%)
697.94M
est: 664.63M (+5.0%)
730.79M
est: 710.14M (+2.9%)
726.93M
est: 699.46M (+3.9%)
659.98M
est: 515.72M (+28.0%)
851.13M
est: 679.52M (+25.3%)
886.64M
est: 790.31M (+12.2%)
835.10M
est: 820.58M (+1.8%)
844.55M
est: 839.48M (+0.6%)
805.65M
est: 901.95M (-10.7%)
1.84B
1.83B – 1.84B
+103.6% YoY
2.02B
1.96B – 2.06B
+10.1% YoY
2.14B
2.14B – 2.14B
+5.9% YoY
2.28B
2.24B – 2.31B
+6.7% YoY
2.38B
2.34B – 2.41B
+4.3% YoY
Net Income
322.48M
est: 295.03M (+9.3%)
461.44M
est: 466.80M (-1.1%)
450.00M
est: 456.29M (-1.4%)
431.62M
est: 427.42M (+1.0%)
469.05M
est: 350.25M (+33.9%)
521.50M
est: 389.36M (+33.9%)
20.31M
est: 442.54M (-95.4%)
593.79M
est: 570.84M (+4.0%)
592.20M
est: 585.08M (+1.2%)
521.57M
est: 416.01M (+25.4%)
692.84M
est: 571.54M (+21.2%)
707.76M
est: 674.54M (+4.9%)
642.23M
est: 595.69M (+7.8%)
637.83M
est: 704.57M (-9.5%)
642.63M
est: 783.22M (-18.0%)
860.62M
852.55M – 868.69M
+9.9% YoY
993.62M
944.66M – 1.04B
+15.5% YoY
1.10B
945.30M – 1.25B
+10.5% YoY
1.21B
1.18B – 1.22B
+10.0% YoY
1.27B
1.24B – 1.29B
+5.2% YoY
SGA
433.23M
est: 391.63M (+10.6%)
477.27M
est: 483.38M (-1.3%)
492.97M
est: 504.14M (-2.2%)
512.71M
est: 492.34M (+4.1%)
495.75M
est: 473.82M (+4.6%)
512.33M
est: 501.26M (+2.2%)
544.36M
est: 532.68M (+2.2%)
536.90M
est: 517.62M (+3.7%)
534.79M
est: 533.36M (+0.3%)
553.70M
est: 486.75M (+13.8%)
626.97M
est: 512.79M (+22.3%)
658.03M
est: 595.16M (+10.6%)
736.01M
est: 668.84M (+10.0%)
690.15M
est: 684.25M (+0.9%)
740.27M
est: 735.17M (+0.7%)
1.50B
1.49B – 1.50B
+103.6% YoY
1.65B
1.60B – 1.68B
+10.1% YoY
1.74B
1.74B – 1.75B
+5.9% YoY
1.86B
1.83B – 1.88B
+6.7% YoY
1.94B
1.91B – 1.96B
+4.3% YoY
EPS
3.25
est: 2.79 (+16.5%)
5.25
est: 5.08 (+3.3%)
5.27
est: 5.22 (+1.0%)
5.12
est: 5.51 (-7.1%)
5.70
est: 5.88 (-3.1%)
6.46
est: 6.54 (-1.2%)
0.25
est: 7.43 (-96.6%)
7.71
est: 8.07 (-4.5%)
8.76
est: 8.81 (-0.5%)
8.40
est: 8.31 (+1.1%)
11.25
est: 11.02 (+2.1%)
11.80
est: 11.93 (-1.1%)
10.87
est: 10.03 (+8.3%)
10.75
est: 11.80 (-8.9%)
10.80
est: 13.11 (-17.6%)
14.48
14.28 – 14.55
+10.4% YoY
16.36
15.82 – 17.46
+13.0% YoY
18.06
15.83 – 20.93
+10.4% YoY
20.21
19.73 – 20.50
+11.9% YoY
21.28
20.76 – 21.58
+5.2% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-05-07 Barclays Overweight Overweight Maintain
2026-05-06 UBS Neutral Neutral Maintain
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 B 3/5 3/5 3/5 4/5 2/5 1/5 4/5
2026-05-08 B 3/5 3/5 2/5 4/5 2/5 1/5 4/5
2026-05-07 B 3/5 3/5 2/5 4/5 2/5 1/5 4/5
2026-05-06 B 3/5 3/5 2/5 4/5 2/5 1/5 4/5
2026-05-05 B 3/5 3/5 2/5 4/5 2/5 1/5 4/5
2026-05-04 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-05-01 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-30 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-29 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-28 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-27 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-24 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-23 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-22 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-21 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-20 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-17 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-16 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-15 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
444.29M
OE per share TTM
7.00
Owner's Yield
1.54%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
22.9%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
511
Total invested
3.00B
Insider transactions (90d)
0
Beneficial owners (>5%)
11
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Massachusetts Financial Services Company ("MFS") 9.02M 9.20% 7.54M 9.02M IA Delaware 2009-02-03
2 Asset Management business group of UBS AG (see Item 7) 7.82M 7.70% BK, HC Switzerland 2007-02-21
3 The Vanguard Group - 23-1945930 6.66M 10.91% 102.7K 6.41M 252.5K IA Pennsylvania 2022-02-10
4 (1) BlackRock, Inc. 6.11M 10.10% 5.41M 6.11M HC Delaware 2022-04-08
5 FMR Corp. 5.70M 5.62% 705.0K 5.70M HC Delaware 2007-02-14
6 Loomis, Sayles & Company, L.P. 4.73M 6.18% 116.7K 4.66M 116.7K IA Pennsylvania 2011-02-10
7 Fundsmith LLP 4.52M 7.62% 4.50M 4.52M IA United Kingdom 2023-02-14
8 04-2747644 3.05M 5.20% 1.97M 3.05M IA Delaware 2024-02-09
9 Edward C. Johnson 3d 1.77M 2.03% 1.77M IN United States of America 2013-02-14
10 GAMCO Investors, Inc. 1.38M 15.75% 92.8K 17.2K 7.61M 108.4K IA, CO Pennsylvania 2019-02-11
11 Management business group of UBS AG (see Item 7) 130.6K 0.13% BK, HC Switzerland 2008-02-12

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
511
-304 vs prev Q
New positions
221
Closed positions
513
Increased
454
Reduced
37
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 VANGUARD GROUP INC 7.47M -187.0K (-2.4%) 2.84B +541.7M (+23.6%) 12.54% -0.321 pp 0.04% +0.007 pp USD171.16 +121.9% 84 qtrs
2 BLACKROCK, INC. 5.43M -634.1K (-10.5%) 2.06B +244.6M (+13.4%) 9.12% -1.070 pp 0.03% +0.003 pp USD361.40 +5.1% 6 qtrs
3 FUNDSMITH LLP 3.56M -397.5K (-10.0%) 1.35B +165.5M (+14.0%) 5.98% -0.667 pp 7.90% +1.905 pp USD182.02 +108.7% 44 qtrs
4 STATE STREET CORP 2.68M +3.6K (+0.1%) 1.02B +215.8M (+26.9%) 4.51% +0.004 pp 0.03% +0.006 pp USD144.93 +162.1% 51 qtrs
5 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 2.62M -65.0K (-2.4%) 996.95M +190.5M (+23.6%) 4.41% -0.110 pp 0.32% +0.072 pp USD222.83 +70.5% 51 qtrs
6 ALLIANCEBERNSTEIN L.P. 2.07M -17.5K (-0.8%) 785.07M +160.1M (+25.6%) 3.47% -0.029 pp 0.25% +0.051 pp USD321.99 +18.0% 61 qtrs
7 GEODE CAPITAL MANAGEMENT, LLC 1.59M +8.6K (+0.5%) 602.92M +129.7M (+27.4%) 2.68% +0.013 pp 0.04% +0.007 pp USD202.87 +87.2% 78 qtrs
8 MAWER INVESTMENT MANAGEMENT LTD. 1.30M -252.3K (-16.3%) 493.30M +28.3M (+6.1%) 2.18% -0.424 pp 2.76% +0.349 pp USD262.93 +44.5% 40 qtrs
9 JANUS HENDERSON GROUP PLC 1.29M -12.0K (-0.9%) 490.13M +99.6M (+25.5%) 2.17% -0.020 pp 0.22% +0.041 pp USD257.70 +47.4% 70 qtrs
10 VERITAS ASSET MANAGEMENT LLP 1.24M +656.4K (+112.3%) 471.45M +296.1M (+168.9%) 2.09% +1.103 pp 4.82% +2.951 pp USD342.13 +11.0% 2 qtrs
11 INVESCO LTD. 1.17M -305.2K (-20.7%) 443.34M +1.9M (+0.4%) 1.96% -0.514 pp 0.07% -0.002 pp USD275.74 +37.7% 57 qtrs
12 FUNDSMITH INVESTMENT SERVICES LTD. 1.15M -210.1K (-15.5%) 435.36M +28.7M (+7.1%) 1.93% -0.353 pp 7.96% +1.628 pp USD302.52 +25.6% 16 qtrs
13 PRINCIPAL FINANCIAL GROUP INC 871.0K +1.8K (+0.2%) 330.84M +70.2M (+27.0%) 1.46% +0.003 pp 0.17% +0.038 pp USD306.17 +24.1% 81 qtrs
14 AKO CAPITAL LLP 753.5K -53.5K (-6.6%) 286.19M +44.3M (+18.3%) 1.27% -0.090 pp 4.36% +0.917 pp USD306.28 +24.0% 10 qtrs
15 MORGAN STANLEY 719.2K -18.1K (-2.5%) 273.16M +52.1M (+23.6%) 1.21% -0.031 pp 0.02% +0.003 pp USD339.01 +12.0% 51 qtrs
16 NORGES BANK 699.7K +699.7K (+100.0%) 265.75M +265.8M (+100.0%) 1.18% +1.176 pp 0.03% +0.028 pp USD379.83 +0.0% 1 qtrs NEW
17 NORTHERN TRUST CORP 684.5K -25.0K (-3.5%) 260.00M +47.3M (+22.2%) 1.15% -0.042 pp 0.03% +0.006 pp USD166.81 +127.7% 51 qtrs
18 PRICE T ROWE ASSOCIATES INC /MD/ 671.1K +561.0K (+509.8%) 254.91M +221.9M (+672.5%) 1.13% +0.943 pp 0.03% +0.024 pp USD366.20 +3.7% 75 qtrs
19 BANK OF AMERICA CORP /DE/ 585.0K +41.9K (+7.7%) 222.21M +59.4M (+36.5%) 0.98% +0.070 pp 0.02% +0.005 pp USD285.38 +33.1% 52 qtrs
20 MARSHALL WACE, LLP 581.1K +547.1K (+1,611.3%) 220.71M +210.5M (+2,068.1%) 0.98% +0.919 pp 0.20% +0.191 pp USD378.78 +0.3% 7 qtrs
21 MILLENNIUM MANAGEMENT LLC 538.7K +516.1K (+2,281.7%) 204.62M +197.8M (+2,917.4%) 0.90% +0.867 pp 0.09% +0.083 pp USD378.68 +0.3% 39 qtrs
22 GUARDCAP ASSET MANAGEMENT LTD 530.7K -94.9K (-15.2%) 201.75M +14.2M (+7.6%) 0.89% -0.160 pp 5.39% +1.044 pp USD329.39 +15.3% 9 qtrs
23 DIMENSIONAL FUND ADVISORS LP 506.8K -30.8K (-5.7%) 192.51M +31.4M (+19.5%) 0.85% -0.052 pp 0.04% +0.006 pp USD234.52 +62.0% 51 qtrs
24 LONDON CO OF VIRGINIA 504.7K -51.2K (-9.2%) 191.69M +25.0M (+15.0%) 0.85% -0.086 pp 1.11% +0.186 pp USD278.77 +36.3% 10 qtrs
25 UBS ASSET MANAGEMENT AMERICAS INC 494.1K -4.3K (-0.9%) 187.66M +38.3M (+25.6%) 0.83% -0.008 pp 0.04% +0.007 pp USD243.00 +56.3% 90 qtrs
26 GOLDMAN SACHS GROUP INC 468.2K +284.7K (+155.1%) 177.84M +122.8M (+223.2%) 0.79% +0.478 pp 0.02% +0.015 pp USD343.50 +10.6% 73 qtrs
27 FINDLAY PARK PARTNERS LLP 458.5K -92.6K (-16.8%) 174.14M +8.9M (+5.4%) 0.77% -0.156 pp 2.22% +0.486 pp USD313.65 +21.1% 10 qtrs
28 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 453.3K -1.0K (-0.2%) 172.16M +36.0M (+26.4%) 0.76% -0.002 pp 0.03% +0.005 pp USD224.44 +69.2% 100 qtrs
29 JPMORGAN CHASE & CO 433.9K +101.5K (+30.5%) 164.81M +65.1M (+65.3%) 0.73% +0.170 pp 0.01% +0.004 pp USD335.13 +13.3% 51 qtrs
30 LEGAL & GENERAL GROUP PLC 433.7K -5.0K (-1.1%) 164.73M +33.2M (+25.2%) 0.73% -0.008 pp 0.04% +0.007 pp USD207.25 +83.3% 75 qtrs
31 HOLOCENE ADVISORS, LP 411.7K +103.2K (+33.5%) 156.38M +63.9M (+69.1%) 0.69% +0.174 pp 0.33% +0.118 pp USD319.87 +18.7% 2 qtrs
32 FIRST TRUST ADVISORS LP 401.8K +26.3K (+7.0%) 152.62M +40.0M (+35.6%) 0.68% +0.044 pp 0.11% +0.027 pp USD314.81 +20.7% 28 qtrs
33 HSBC HOLDINGS PLC 395.4K -103.7K (-20.8%) 150.10M +535.0K (+0.4%) 0.66% -0.175 pp 0.08% -0.006 pp USD293.44 +29.4% 56 qtrs
34 BECK MACK & OLIVER LLC 390.7K -4.4K (-1.1%) 148.38M +29.9M (+25.3%) 0.66% -0.007 pp 2.69% +0.541 pp USD153.85 +146.9% 94 qtrs
35 ARTISAN PARTNERS LIMITED PARTNERSHIP 373.7K +18.8K (+5.3%) 141.95M +35.5M (+33.4%) 0.63% +0.032 pp 0.21% +0.062 pp USD320.39 +18.6% 10 qtrs
36 AMUNDI 359.8K -57.9K (-13.9%) 136.68M -179.3K (-0.1%) 0.60% -0.097 pp 0.04% -0.007 pp USD310.16 +22.5% 19 qtrs
37 UBS GROUP AG 356.0K +151.1K (+73.8%) 135.20M +73.8M (+120.1%) 0.60% +0.254 pp 0.02% +0.012 pp USD361.20 +5.2% 45 qtrs
38 D. E. SHAW & CO., INC. 352.0K +60.2K (+20.6%) 133.70M +46.2M (+52.8%) 0.59% +0.101 pp 0.07% +0.024 pp USD313.62 +21.1% 76 qtrs
39 VOYA INVESTMENT MANAGEMENT LLC 350.9K +195.3K (+125.4%) 132.96M +86.5M (+186.4%) 0.59% +0.328 pp 0.13% +0.085 pp USD359.41 +5.7% 51 qtrs
40 BANK OF NEW YORK MELLON CORP 323.2K -17.7K (-5.2%) 122.77M +20.5M (+20.1%) 0.54% -0.030 pp 0.02% +0.002 pp USD183.35 +107.2% 66 qtrs
41 CHAMPLAIN INVESTMENT PARTNERS, LLC 312.8K -62.1K (-16.6%) 118.80M +6.4M (+5.7%) 0.53% -0.104 pp 1.20% +0.355 pp USD206.47 +84.0% 45 qtrs
42 MADISON ASSET MANAGEMENT, LLC 293.2K -14.5K (-4.7%) 111.35M +19.1M (+20.7%) 0.49% -0.025 pp 1.28% +0.263 pp USD307.06 +23.7% 11 qtrs
43 DEUTSCHE BANK AG\ 285.5K -76.4K (-21.1%) 108.43M -63.1K (-0.1%) 0.48% -0.129 pp 0.04% -0.001 pp USD287.06 +32.3% 50 qtrs
44 WELLINGTON MANAGEMENT GROUP LLP 272.7K -90.8K (-25.0%) 103.59M -5.4M (-5.0%) 0.46% -0.153 pp 0.02% -0.001 pp USD357.48 +6.3% 17 qtrs
45 COLONY GROUP, LLC 271.8K +263.4K (+3,158.5%) 103.22M +100.7M (+4,028.2%) 0.46% +0.443 pp 0.12% +0.114 pp USD377.78 +0.5% 9 qtrs
46 TD ASSET MANAGEMENT INC 249.6K -426.0 (-0.2%) 94.80M +19.8M (+26.5%) 0.42% -0.001 pp 0.08% +0.015 pp USD318.95 +19.1% 51 qtrs
47 NATIXIS ADVISORS, L.P. 244.9K +46.2K (+23.3%) 93.02M +33.5M (+56.2%) 0.41% +0.078 pp 0.13% +0.045 pp USD341.51 +11.2% 26 qtrs
48 IMPAX ASSET MANAGEMENT GROUP PLC 232.2K -31.3K (-11.9%) 88.22M +9.2M (+11.6%) 0.39% -0.053 pp 0.55% +0.091 pp USD264.87 +43.4% 30 qtrs
49 EPOCH INVESTMENT PARTNERS, INC. 222.5K +2.4K (+1.1%) 84.50M +18.5M (+28.0%) 0.37% +0.004 pp 0.48% +0.118 pp USD329.41 +15.3% 19 qtrs
50 NUVEEN, LLC 197.9K +42.9K (+27.7%) 75.17M +28.7M (+61.8%) 0.33% +0.072 pp 0.02% +0.007 pp USD371.01 +2.4% 4 qtrs
51 BALYASNY ASSET MANAGEMENT L.P. 185.1K +185.1K (+100.0%) 70.32M +70.3M (+100.0%) 0.31% +0.311 pp 0.09% +0.089 pp USD379.83 +0.0% 1 qtrs NEW
52 NEWPORT TRUST CO 175.5K -8.9K (-4.8%) 66.67M +11.4M (+20.6%) 0.30% -0.015 pp 0.16% +0.034 pp USD197.94 +91.9% 33 qtrs
53 SWISS NATIONAL BANK 163.1K -8.5K (-4.9%) 61.96M +10.5M (+20.4%) 0.27% -0.014 pp 0.04% +0.007 pp USD186.37 +103.8% 51 qtrs
54 FMR LLC 160.2K +86.2K (+116.5%) 60.83M +38.7M (+174.2%) 0.27% +0.145 pp 0.00% +0.002 pp USD357.74 +6.2% 70 qtrs
55 ROYAL BANK OF CANADA 155.3K -90.8K (-36.9%) 59.00M -14.8M (-20.1%) 0.26% -0.153 pp 0.01% -0.003 pp USD297.59 +27.6% 51 qtrs
56 CITADEL ADVISORS LLC 139.5K +89.9K (+181.1%) 52.98M +38.1M (+256.1%) 0.23% +0.151 pp 0.01% +0.006 pp USD352.95 +7.6% 52 qtrs
57 SUMITOMO MITSUI TRUST HOLDINGS, INC. 136.3K -3.5K (-2.5%) 51.76M +9.9M (+23.5%) 0.23% -0.006 pp 0.03% +0.006 pp USD248.63 +52.8% 59 qtrs
58 T. ROWE PRICE INVESTMENT MANAGEMENT, INC. 134.5K -46.7K (-25.8%) 51.10M -3.2M (-6.0%) 0.23% -0.079 pp 0.03% -0.001 pp USD299.81 +26.7% 2 qtrs
59 ROBECO SCHWEIZ AG 132.1K -215.7K (-62.0%) 50.17M -54.1M (-51.9%) 0.22% -0.363 pp 1.12% -1.220 pp USD306.28 +24.0% 55 qtrs
60 MACKENZIE FINANCIAL CORP 129.1K -102.7K (-44.3%) 49.48M -20.0M (-28.8%) 0.22% -0.173 pp 0.06% -0.026 pp USD308.56 +23.1% 45 qtrs
61 MITSUBISHI UFJ KOKUSAI ASSET MANAGEMENT CO., LTD. 125.6K +6.7K (+5.6%) 47.97M +12.3M (+34.6%) 0.21% +0.011 pp 0.03% +0.007 pp USD308.19 +23.2% 58 qtrs
62 STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 121.1K +— (+0.0%) 46.00M +9.7M (+26.7%) 0.20% +0.000 pp 0.04% +0.006 pp USD265.20 +43.2% 40 qtrs
63 RHUMBLINE ADVISERS 115.2K -17.6K (-13.3%) 43.75M +3.9M (+9.9%) 0.19% -0.030 pp 0.04% +0.003 pp USD175.86 +116.0% 52 qtrs
64 ENVESTNET ASSET MANAGEMENT INC 114.6K +3.2K (+2.9%) 43.53M +10.1M (+30.3%) 0.19% +0.005 pp 0.01% +0.003 pp USD288.23 +31.8% 51 qtrs
65 BOSTON TRUST WALDEN CORP 112.4K -10.0K (-8.2%) 42.70M +6.0M (+16.4%) 0.19% -0.017 pp 0.32% +0.053 pp USD224.32 +69.3% 51 qtrs
66 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 110.3K -611.0 (-0.6%) 41.91M +8.6M (+26.0%) 0.19% -0.001 pp 0.02% +0.004 pp USD202.04 +88.0% 58 qtrs
67 BARCLAYS PLC 109.8K -50.2K (-31.4%) 41.71M -15.9M (-27.6%) 0.18% -0.084 pp 0.01% -0.005 pp USD326.43 +16.4% 51 qtrs
68 NATIONAL PENSION SERVICE 108.5K +1.2K (+1.1%) 41.22M +9.0M (+28.1%) 0.18% +0.002 pp 0.03% +0.006 pp USD206.53 +83.9% 46 qtrs
69 BNP PARIBAS ARBITRAGE, SNC 106.3K -6.7K (-5.9%) 40.38M +6.5M (+19.2%) 0.18% -0.011 pp 0.02% +0.000 pp USD341.66 +11.2% 50 qtrs
70 CITIGROUP INC 106.1K +74.1K (+231.2%) 40.31M +30.7M (+319.5%) 0.18% +0.125 pp 0.02% +0.014 pp USD350.85 +8.3% 108 qtrs
71 IRON TRIANGLE PARTNERS LP 105.2K +105.2K (+100.0%) 39.95M +39.9M (+100.0%) 0.18% +0.177 pp 4.57% +4.567 pp USD379.83 +0.0% 1 qtrs NEW
72 WELLS FARGO & COMPANY/MN 104.3K +22.3K (+27.2%) 39.62M +15.0M (+61.2%) 0.18% +0.037 pp 0.01% +0.003 pp USD295.39 +28.6% 57 qtrs
73 SCHAPER BENZ & WISE INVESTMENT COUNSEL INC/WI 104.1K -1.6K (-1.5%) 39.52M +7.8M (+24.7%) 0.17% -0.003 pp 2.86% +0.500 pp USD127.20 +198.6% 51 qtrs
74 BLI - BANQUE DE LUXEMBOURG INVESTMENTS 100.9K -48.5K (-32.4%) 38.74M -4.5M (-10.4%) 0.17% -0.081 pp 1.14% -0.124 pp USD348.64 +8.9% 5 qtrs
75 RAYMOND JAMES FINANCIAL INC 97.3K -8.6K (-8.1%) 36.95M +5.2M (+16.4%) 0.16% -0.015 pp 0.01% +0.001 pp USD370.90 +2.4% 5 qtrs
76 ENSIGN PEAK ADVISORS, INC 91.7K -16.3K (-15.1%) 34.85M +2.4M (+7.5%) 0.15% -0.027 pp 0.06% +0.008 pp USD328.26 +15.7% 25 qtrs
77 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 91.7K -4.5K (-4.7%) 34.82M +6.0M (+20.8%) 0.15% -0.008 pp 0.03% +0.005 pp USD135.51 +180.3% 52 qtrs
78 AMERIPRISE FINANCIAL INC 90.2K +53.2K (+143.3%) 34.27M +23.2M (+208.3%) 0.15% +0.089 pp 0.01% +0.005 pp USD341.17 +11.3% 55 qtrs
79 UNIVERSAL- BETEILIGUNGS- UND SERVICEGESELLSCHAFT MBH 85.5K -10.6K (-11.1%) 32.68M +3.9M (+13.4%) 0.14% -0.018 pp 0.05% +0.005 pp USD355.97 +6.7% 5 qtrs
80 CAPTRUST FINANCIAL ADVISORS 85.8K -156.0 (-0.2%) 32.59M +6.8M (+26.5%) 0.14% 0.000 pp 0.06% +0.009 pp USD366.04 +3.8% 30 qtrs
81 WOODLINE PARTNERS LP 81.4K -34.1K (-29.5%) 30.92M -3.7M (-10.7%) 0.14% -0.057 pp 0.12% -0.043 pp USD331.76 +14.5% 6 qtrs
82 OVERSEA-CHINESE BANKING CORP LTD 80.8K -4.4K (-5.1%) 30.70M +5.2M (+20.2%) 0.14% -0.007 pp 0.80% +0.180 pp USD297.01 +27.9% 10 qtrs
83 JAIN GLOBAL LLC 80.7K +17.4K (+27.5%) 30.66M +11.7M (+61.6%) 0.14% +0.029 pp 0.15% +0.058 pp USD355.69 +6.8% 5 qtrs
84 DANSKE BANK A/S 76.6K +55.2K (+256.7%) 29.11M +22.7M (+351.9%) 0.13% +0.093 pp 0.07% +0.052 pp USD370.14 +2.6% 8 qtrs
85 SEI INVESTMENTS CO 75.2K +16.4K (+28.0%) 28.57M +10.9M (+62.2%) 0.13% +0.028 pp 0.03% +0.009 pp USD324.39 +17.1% 45 qtrs
86 NEUBERGER BERMAN GROUP LLC 74.5K -1.9K (-2.5%) 28.30M +5.4M (+23.5%) 0.13% -0.003 pp 0.02% +0.004 pp USD340.95 +11.4% 21 qtrs
87 ABRDN PLC 73.9K -2.7K (-3.6%) 28.06M +5.9M (+26.6%) 0.12% -0.005 pp 0.04% +0.008 pp USD301.79 +25.9% 34 qtrs
88 MANUFACTURERS LIFE INSURANCE COMPANY, THE 73.4K +1.3K (+1.9%) 28.03M +6.4M (+29.8%) 0.12% +0.002 pp 0.02% +0.005 pp USD251.72 +50.9% 100 qtrs
89 FULLER & THALER ASSET MANAGEMENT, INC. 73.3K +6.3K (+9.4%) 27.84M +7.8M (+38.6%) 0.12% +0.011 pp 0.09% +0.026 pp USD316.01 +20.2% 33 qtrs
90 SMITH GROUP ASSET MANAGEMENT, LLC 72.6K +4.6K (+6.7%) 27.59M +7.2M (+35.2%) 0.12% +0.008 pp 1.46% +0.291 pp USD367.60 +3.3% 5 qtrs
91 GOTHAM ASSET MANAGEMENT, LLC 70.1K -251.0 (-0.4%) 26.61M +5.5M (+26.2%) 0.12% 0.000 pp 0.10% +0.005 pp USD293.91 +29.2% 46 qtrs
92 HRT FINANCIAL LP 68.4K +68.4K (+100.0%) 26.00M +26.0M (+100.0%) 0.11% +0.115 pp 0.08% +0.082 pp USD379.83 +0.0% 1 qtrs NEW
93 QUANTINNO CAPITAL MANAGEMENT LP 67.1K +18.7K (+38.8%) 25.47M +11.0M (+75.8%) 0.11% +0.032 pp 0.05% +0.012 pp USD346.46 +9.6% 25 qtrs
94 POINT72 ASSET MANAGEMENT, L.P. 63.0K +37.1K (+143.3%) 23.91M +16.2M (+208.2%) 0.11% +0.062 pp 0.03% +0.014 pp USD346.94 +9.5% 2 qtrs
95 ZURCHER KANTONALBANK (ZURICH CANTONALBANK) 61.6K +3.3K (+5.6%) 23.39M +5.9M (+33.8%) 0.10% +0.006 pp 0.05% +0.010 pp USD330.41 +15.0% 18 qtrs
96 FRANKLIN RESOURCES INC 60.9K -26.2K (-30.1%) 23.12M -3.0M (-11.4%) 0.10% -0.044 pp 0.01% -0.001 pp USD336.57 +12.9% 51 qtrs
97 JANE STREET GROUP, LLC 60.1K +57.1K (+1,862.2%) 22.84M +21.9M (+2,385.9%) 0.10% +0.096 pp 0.00% +0.003 pp USD378.54 +0.3% 26 qtrs
98 INVESTMENT MANAGEMENT CORP OF ONTARIO 60.0K -20.8K (-25.7%) 22.77M -1.4M (-5.9%) 0.10% -0.035 pp 0.30% -0.064 pp USD316.35 +20.1% 14 qtrs
99 CAISSE DE DEPOT ET PLACEMENT DU QUEBEC 58.2K -19.1K (-24.7%) 22.09M -1.1M (-4.6%) 0.10% -0.032 pp 0.04% -0.004 pp USD337.89 +12.4% 4 qtrs
100 RUSSELL INVESTMENTS GROUP, LTD. 57.5K +6.5K (+12.8%) 21.89M +6.6M (+43.4%) 0.10% +0.011 pp 0.02% +0.007 pp USD262.39 +44.8% 37 qtrs
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
7.57
Bullish
Ratio by volume
3.00
Bullish
Buys
53
Sells
7
Shares acquired
75.2K
Shares disposed
4.9K
Cash buys
2.00
Cash sales
Net activity
+70,279
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-04-06 Bennett Jianqing Officer F-InKind D Common Stock 302 304.09 91.8K 6,532 D
2026-03-31 Knight Heather Director A-Award A Common Stock 68 0.00 1,218 D
2026-03-31 Jiang Wei Director A-Award A Common Stock 64 0.00 3,505 D
2026-03-16 Jiang Wei Director P-Purchase A Common Stock 500 289.46 144.7K 3,441 D
2026-03-06 FEARON RICHARD H Director P-Purchase A Common Stock 1,000 306.34 306.3K 3,302 D
2026-03-02 Chaubal Amol Officer F-InKind D Common Stock 709 307.23 217.8K 7,796 D
2026-03-02 Bennett Jianqing Officer F-InKind D Common Stock 410 307.23 126.0K 6,834 D
2026-03-02 Batra Udit Director / Officer F-InKind D Common Stock 3,417 307.23 1.05M 33,140 D
2026-02-25 Vergnano Mark Director A-Award A Common Stock 23 0.00 4,540 D
2026-02-25 Ornskov Flemming Director A-Award A Common Stock 336 0.00 5,271 D
2026-02-25 Knight Heather Director A-Award A Common Stock 23 0.00 1,149 D
2026-02-25 KUEBLER CHRISTOPHER A Director A-Award A Common Stock 23 0.00 17,808 D
2026-02-25 Jiang Wei Director A-Award A Common Stock 23 0.00 2,941 D
2026-02-25 Huang Pearl S Director A-Award A Common Stock 23 0.00 3,276 D
2026-02-25 Fraser Claire Director A-Award A Stock Option (Right to Buy) 877 319.44 280.1K 877 D
2026-02-25 FEARON RICHARD H Director A-Award A Stock Option (Right to Buy) 57 319.44 18.2K 57 D
2026-02-25 Chaubal Amol Officer A-Award A Stock Option (Right to Buy) 7,125 319.44 2.28M 7,125 D
2026-02-25 Carpio Robert L III Officer A-Award A Stock Option (Right to Buy) 4,884 319.44 1.56M 4,884 D
2026-02-25 Brennan Daniel J. Director A-Award A Common Stock 23 0.00 1,355 D
2026-02-25 Bennett Jianqing Officer A-Award A Common Stock 986 0.00 7,244 D
2026-02-25 Batra Udit Director / Officer A-Award A Common Stock 5,165 0.00 36,557 D
2026-02-25 BADDOUR LINDA Director A-Award A Stock Option (Right to Buy) 57 319.44 18.2K 57 D
2026-02-09 Fraser Claire Director Common Stock 0 0.00 131 D
2026-02-05 Chaubal Amol Officer F-InKind D Common Stock 58 376.89 21.9K 7,050 D
2026-02-05 Carpio Robert L III Officer F-InKind D Common Stock 38 376.89 14.3K 2,618 D
2026-02-05 Bennett Jianqing Officer F-InKind D Common Stock 43 376.89 16.2K 6,258 D
2026-02-05 Batra Udit Director / Officer F-InKind D Common Stock 218 376.89 82.2K 31,392 D
2026-02-04 Chaubal Amol Officer A-Award A Common Stock 1,884 0.00 7,108 D
2026-02-04 Bennett Jianqing Officer A-Award A Common Stock 1,385 0.00 6,301 D
2026-02-04 Batra Udit Director / Officer A-Award A Common Stock 7,066 0.00 31,610 D
2026-01-02 Vergnano Mark Director A-Award A Stock Option (Right to Buy) 828 381.96 316.3K 828 D
2026-01-02 Ornskov Flemming Director A-Award A Stock Option (Right to Buy) 828 381.96 316.3K 828 D
2026-01-02 Knight Heather Director A-Award A Stock Option (Right to Buy) 828 381.96 316.3K 828 D
2026-01-02 KUEBLER CHRISTOPHER A Director A-Award A Stock Option (Right to Buy) 828 381.96 316.3K 828 D
2026-01-02 Jiang Wei Director A-Award A Stock Option (Right to Buy) 828 381.96 316.3K 828 D
2026-01-02 Huang Pearl S Director A-Award A Stock Option (Right to Buy) 828 381.96 316.3K 828 D
2026-01-02 FEARON RICHARD H Director A-Award A Stock Option (Right to Buy) 828 381.96 316.3K 828 D
2026-01-02 Brennan Daniel J. Director A-Award A Stock Option (Right to Buy) 828 381.96 316.3K 828 D
2026-01-02 BADDOUR LINDA Director A-Award A Stock Option (Right to Buy) 828 381.96 316.3K 828 D
2025-12-31 Knight Heather Director A-Award A Common Stock 60 0.00 819 D
2025-12-31 Jiang Wei Director A-Award A Common Stock 60 0.00 2,611 D
2025-11-05 KUEBLER CHRISTOPHER A Director M-Exempt A Common Stock 3,761 130.35 490.2K 18,796 D
2025-09-30 Knight Heather Director A-Award A Common Stock 78 0.00 759 D
2025-09-30 Jiang Wei Director A-Award A Common Stock 73 0.00 2,551 D
2025-06-30 Knight Heather Director A-Award A Common Stock 68 0.00 681 D
2025-06-30 Jiang Wei Director A-Award A Common Stock 68 0.00 2,479 D
2025-06-24 Carpio Robert L III Officer F-InKind D Common Stock 134 346.80 46.5K 2,656 D
2025-05-12 Chaubal Amol Officer F-InKind D Common Stock 239 366.67 87.6K 5,224 D
2025-04-07 Bennett Jianqing Officer F-InKind D Common Stock 303 325.80 98.7K 4,916 D
2025-03-31 Knight Heather Director A-Award A Common Stock 53 0.00 613 D
2025-03-31 Jiang Wei Director A-Award A Common Stock 53 0.00 2,410 D
2025-03-01 Chaubal Amol Officer F-InKind D Common Stock 1,076 371.79 400.0K 5,368 D
2025-03-01 Bennett Jianqing Officer F-InKind D Common Stock 786 371.79 292.2K 5,219 D
2025-03-01 Batra Udit Director / Officer F-InKind D Common Stock 4,976 371.79 1.85M 24,544 D
2025-02-05 Chaubal Amol Officer A-Award A Common Stock 833 0.00 6,444 D
2025-02-05 Carpio Robert L III Officer A-Award A Stock Option (Right to Buy) 2,796 414.09 1.16M 2,796 D
2025-02-05 Bennett Jianqing Officer A-Award A Common Stock 615 0.00 6,005 D
2025-02-05 Batra Udit Director / Officer A-Award A Common Stock 11,349 0.00 25,898 D
2025-01-02 VERGNANO MARK P Director A-Award A Common Stock 319 0.00 4,210 D
2025-01-02 Ornskov Flemming Director A-Award A Stock Option (Right to Buy) 818 368.26 301.2K 818 D
2025-01-02 Knight Heather Director A-Award A Common Stock 319 0.00 560 D
2025-01-02 KUEBLER CHRISTOPHER A Director A-Award A Stock Option (Right to Buy) 818 368.26 301.2K 818 D
2025-01-02 Jiang Wei Director A-Award A Stock Option (Right to Buy) 818 368.26 301.2K 818 D
2025-01-02 Huang Pearl S Director A-Award A Stock Option (Right to Buy) 818 368.26 301.2K 818 D
2025-01-02 FEARON RICHARD H Director A-Award A Common Stock 319 0.00 1,972 D
2025-01-02 Brennan Daniel J. Director A-Award A Common Stock 319 0.00 1,025 D
2025-01-02 BADDOUR LINDA Director A-Award A Common Stock 319 0.00 2,569 D
2024-12-31 Knight Heather Director A-Award A Common Stock 72 0.00 241 D
2024-12-31 Jiang Wei Director A-Award A Common Stock 81 0.00 2,038 D
2024-12-31 Huang Pearl S Director A-Award A Common Stock 83 0.00 2,627 D
2024-09-30 Knight Heather Director A-Award A Common Stock 33 0.00 169 D
2024-09-30 Jiang Wei Director A-Award A Common Stock 63 0.00 1,958 D
2024-09-30 Huang Pearl S Director A-Award A Common Stock 75 0.00 2,544 D
2024-08-14 Knight Heather Director A-Award A Stock Option (Right to Buy) 349 336.49 117.4K 349
2024-06-28 Jiang Wei Director A-Award A Common Stock 64 0.00 1,895
2024-06-28 Huang Pearl S Director A-Award A Common Stock 77 0.00 2,469
2024-06-24 Carpio Robert L III Officer A-Award A Stock Option (Right to Buy) 5,537 289.27 1.60M 5,537
2024-05-28 FEARON RICHARD H Director P-Purchase A Common Stock 1,000 332.90 332.9K 1,653
2024-05-15 KUEBLER CHRISTOPHER A Director S-Sale D Common Stock 4,000 361.64 1.45M 14,716
2024-05-13 Chaubal Amol Officer F-InKind D Common Stock 145 349.28 50.6K 2,294
2024-04-05 Bennett Jianqing Officer F-InKind D Common Stock 202 335.94 67.9K 2,772
2024-03-28 Jiang Wei Director A-Award A Phantom Stock Units 62 0.00 62
2024-03-28 Huang Pearl S Director A-Award A Phantom Stock Units 75 0.00 75
2024-03-13 BADDOUR LINDA Director S-Sale D Common Stock 500 355.54 177.8K 2,250
2024-03-01 Batra Udit Director / Officer F-InKind D Common Stock 2,946 346.04 1.02M 12,579
2024-02-07 Chaubal Amol Officer A-Award A Stock Option (Right to Buy) 8,228 323.54 2.66M 8,228
2024-02-07 Bennett Jianqing Officer A-Award A Stock Option (Right to Buy) 5,759 323.54 1.86M 5,759
2024-02-07 Batra Udit Director / Officer A-Award A Common Stock 8,903 0.00 15,525
2024-01-02 VERGNANO MARK P Director A-Award A Stock Option (Right to Buy) 847 328.62 278.3K 847
2024-01-02 Ornskov Flemming Director A-Award A Stock Option (Right to Buy) 847 328.62 278.3K 847
2024-01-02 KUEBLER CHRISTOPHER A Director A-Award A Stock Option (Right to Buy) 847 328.62 278.3K 847
2024-01-02 Jiang Wei Director A-Award A Stock Option (Right to Buy) 847 328.62 278.3K 847
2024-01-02 Huang Pearl S Director A-Award A Stock Option (Right to Buy) 847 328.62 278.3K 847
2024-01-02 FEARON RICHARD H Director A-Award A Common Stock 334 0.00 653
2024-01-02 Brennan Daniel J. Director A-Award A Common Stock 334 0.00 706
2024-01-02 BADDOUR LINDA Director A-Award A Common Stock 334 0.00 2,750
2023-12-29 Jiang Wei Director A-Award A Phantom Stock Units 91 0.00 91
2023-12-29 Huang Pearl S Director A-Award A Phantom Stock Units 100 0.00 100
2023-10-10 Pratt Jonathan M Officer F-InKind D Common Stock 94 268.80 25.3K 3,887
2023-09-30 Jiang Wei Director A-Award A Phantom Stock Units 74 0.00 74
2023-09-30 Huang Pearl S Director 0 0.00 0
2023-09-01 Batra Udit Director / Officer F-InKind D Common Stock 1,901 281.02 534.2K 6,622
2023-08-04 KUEBLER CHRISTOPHER A Director M-Exempt A Common Stock 4,000 99.22 396.9K 18,382
2023-06-30 Jiang Wei Director A-Award A Phantom Stock Units 74 0.00 74
2023-06-30 Huang Pearl S Director A-Award A Phantom Stock Units 83 0.00 83
2023-05-12 Chaubal Amol Officer F-InKind D Common Stock 145 271.00 39.3K 2,180
2023-05-03 Pratt Jonathan M Officer F-InKind D Common Stock 39 296.50 11.6K 3,981
2023-04-05 Bennett Jianqing Officer F-InKind D Common Stock 204 302.66 61.7K 2,974
2023-03-31 Jiang Wei Director A-Award A Phantom Stock Units 68 0.00 68
2023-03-31 Huang Pearl S Director A-Award A Phantom Stock Units 85 0.00 85
2023-03-31 CONARD EDWARD Director A-Award A Phantom Stock Units 104 0.00 104
2023-03-27 FEARON RICHARD H Director D Common Stock 0 0.00 17
2023-03-01 Pratt Jonathan M Officer A-Award A Common Stock 1,826 309.25 564.7K 4,489
2023-02-28 VERGNANO MARK P Director P-Purchase A Common Stock 3,185 313.32 997.9K 3,557
2023-02-08 Pratt Jonathan M Officer A-Award A Stock Option (Right to Buy) 6,182 342.29 2.12M 6,182
2023-02-08 Chaubal Amol Officer A-Award A Stock Option (Right to Buy) 7,727 342.29 2.64M 7,727
2023-02-08 Bennett Jianqing Officer A-Award A Stock Option (Right to Buy) 5,679 342.29 1.94M 5,679
2023-02-08 Batra Udit Director / Officer A-Award A Stock Option (Right to Buy) 28,978 342.29 9.92M 28,978
2023-01-03 VERGNANO MARK P Director A-Award A Stock Option (Right to Buy) 827 0.00 827
2023-01-03 Ornskov Flemming Director A-Award A Common Stock 318 0.00 3,975
2023-01-03 KUEBLER CHRISTOPHER A Director A-Award A Stock Option (Right to Buy) 827 0.00 827
2023-01-03 Jiang Wei Director A-Award A Common Stock 318 0.00 766
2023-01-03 Huang Pearl S Director A-Award A Common Stock 318 0.00 1,058
2023-01-03 CONARD EDWARD Director A-Award A Common Stock 318 0.00 74,542
2023-01-03 Brennan Daniel J. Director A-Award A Stock Option (Right to Buy) 827 0.00 827
2023-01-03 BADDOUR LINDA Director A-Award A Stock Option (Right to Buy) 827 0.00 827
2022-12-31 Jiang Wei Director A-Award A Phantom Stock Units 70 0.00 70
2022-12-31 Huang Pearl S Director A-Award A Phantom Stock Units 77 0.00 77
2022-12-31 CONARD EDWARD Director A-Award A Phantom Stock Units 92 0.00 92
2022-11-30 CONARD EDWARD Director M-Exempt A Common Stock 4,000 88.71 354.8K 75,283 D
2022-11-23 VERGNANO MARK P Director 0 0.00 0
2022-11-23 Brennan Daniel J. Director A-Award A Common Stock 54 0.00 54
2022-10-10 Pratt Jonathan M Officer F-InKind D Common Stock 58 0.00 1,481
2022-09-30 Jiang Wei Director A-Award A Phantom Stock Units 60 0.00 60
2022-09-30 Huang Pearl S Director A-Award A Phantom Stock Units 72 0.00 72
2022-09-30 CONARD EDWARD Director A-Award A Phantom Stock Units 77 0.00 77
2022-09-01 Batra Udit Officer F-InKind D Common Stock 1,743 300.35 523.5K 8,523
2022-06-30 Jiang Wei Director A-Award A Phantom Stock Units 74 0.00 74
2022-06-30 Huang Pearl S Director A-Award A Phantom Stock Units 87 0.00 87
2022-06-30 CONARD EDWARD Director A-Award A Phantom Stock Units 87 0.00 87
2022-05-19 KUEBLER CHRISTOPHER A Director S-Sale D Common Stock 4,000 328.78 1.32M 14,064
2022-05-12 Chaubal Amol Officer F-InKind D Common Stock 145 313.95 45.5K 2,325
2022-05-05 Hendrickson Gary E Director S-Sale D Common Stock 1,601 334.51 535.5K 3,635
2022-05-03 SILVEIRA MICHAEL F Officer F-InKind D Common Stock 59 326.93 19.3K 3,288
2022-05-03 Pratt Jonathan M Officer F-InKind D Common Stock 25 326.93 8.2K 1,539
2022-04-05 Bennett Jianqing Officer F-InKind D Common Stock 204 305.35 62.3K 3,178
2022-03-31 Jiang Wei Director A-Award A Phantom Stock Units 68 0.00 68
2022-03-31 Huang Pearl S Director A-Award A Phantom Stock Units 85 0.00 85
2022-03-31 Hendrickson Gary E Director A-Award A Phantom Stock Units 72 0.00 72
2022-03-31 CONARD EDWARD Director A-Award A Phantom Stock Units 94 0.00 94
2022-03-09 Aleman Keeley A Officer A-Award A Common Stock 43 0.00 201
2022-03-01 SILVEIRA MICHAEL F Officer A-Award A Common Stock 973 0.00 3,645
2022-03-01 Aleman Keeley A Officer A-Award A Common Stock 807 0.00 2,040
2022-02-25 SILVEIRA MICHAEL F Officer A-Award A Stock Option (Right to Buy) 2,311 323.65 748.0K 2,311
2022-02-24 Aleman Keeley A Officer F-InKind D Common Stock 3 312.44 937.32 158
2022-02-23 Welch Daniel J. Officer F-InKind D Common Stock 34 306.54 10.4K 2,847
2022-02-17 Welch Daniel J. Officer F-InKind D Common Stock 22 314.98 6.9K 2,881
2022-02-17 Pratt Jonathan M Officer A-Award A Stock Option (Right to Buy) 7,013 314.98 2.21M 7,013
2022-02-17 Hyde Belinda Officer A-Award A Stock Option (Right to Buy) 4,675 314.98 1.47M 4,675
2022-02-17 Chaubal Amol Officer A-Award A Stock Option (Right to Buy) 8,883 314.98 2.80M 8,883
2022-02-17 Bennett Jianqing Officer A-Award A Stock Option (Right to Buy) 7,013 314.98 2.21M 7,013
2022-02-17 Batra Udit Director / Officer A-Award A Stock Option (Right to Buy) 30,390 314.98 9.57M 30,390
2022-02-17 Aleman Keeley A Officer F-InKind D Common Stock 6 314.98 1.9K 161
2022-01-11 Hyde Belinda Officer F-InKind D Common Stock 92 0.00 1,223
2022-01-03 SALICE THOMAS P Director A-Award A Stock Option (Right to Buy) 983 364.59 358.4K 983
2022-01-03 Ornskov Flemming Director A-Award A Stock Option (Right to Buy) 983 364.59 358.4K 983
2022-01-03 KUEBLER CHRISTOPHER A Director A-Award A Stock Option (Right to Buy) 983 364.59 358.4K 983
2022-01-03 Jiang Wei Director A-Award A Common Stock 301 0.00 448
2022-01-03 Huang Pearl S Director A-Award A Stock Option (Right to Buy) 983 364.59 358.4K 983
2022-01-03 Hendrickson Gary E Director A-Award A Stock Option (Right to Buy) 983 364.59 358.4K 983
2022-01-03 CONARD EDWARD Director A-Award A Common Stock 301 0.00 71,283
2022-01-03 BALLBACH JOHN M Director A-Award A Common Stock 301 0.00 379
2022-01-03 BADDOUR LINDA Director A-Award A Stock Option (Right to Buy) 983 364.59 358.4K 983
2021-12-31 SALICE THOMAS P Director A-Award A Phantom Stock Units 56 0.00 56
2021-12-31 Jiang Wei Director A-Award A Phantom Stock Units 56 0.00 56
2021-12-31 Huang Pearl S Director A-Award A Phantom Stock Units 64 0.00 64
2021-12-31 CONARD EDWARD Director A-Award A Phantom Stock Units 72 0.00 72
2021-12-02 CONARD EDWARD Director M-Exempt A Common Stock 4,000 75.94 303.8K 74,982
2021-10-11 Pratt Jonathan M Officer F-InKind D Common Stock 58 0.00 1,564
2021-10-11 Aleman Keeley A Officer F-InKind D Common Stock 42 0.00 1,233
2021-10-05 BALLBACH JOHN M Director 0 0.00 0
2021-09-30 SALICE THOMAS P Director A-Award A Phantom Stock Units 50 0.00 50
2021-09-30 Jiang Wei Director A-Award A Phantom Stock Units 35 0.00 35
2021-09-30 Huang Pearl S Director A-Award A Phantom Stock Units 49 0.00 49
2021-09-30 CONARD EDWARD Director A-Award A Phantom Stock Units 53 0.00 53
2021-09-01 Batra Udit Director / Officer F-InKind D Common Stock 1,525 0.00 10,266
2021-08-18 KUEBLER CHRISTOPHER A Director S-Sale D Common Stock 3,000 405.62 1.22M 13,763
2021-08-16 BADDOUR LINDA Director M-Exempt D Stock Option (Right to Buy) 1,260 183.41 231.1K 500
2021-08-13 BERENDT MICHAEL J Director S-Sale D Common Stock 806 403.12 324.9K 16,449
2021-08-12 BERENDT MICHAEL J Director S-Sale D Common Stock 4,000 398.43 1.59M 17,255
2021-08-05 SALICE THOMAS P Director S-Sale D Common Stock 3,500 395.00 1.38M 56,774
2021-07-14 Jiang Wei Director A-Award A Stock Option (Right to Buy) 537 371.64 199.6K 537
2021-07-09 Welch Daniel J. Officer F-InKind D Common Stock 63 0.00 2,903
2021-06-30 SALICE THOMAS P Director A-Award A Phantom Stock Units 62 0.00 62
2021-06-30 Huang Pearl S Director A-Award A Phantom Stock Units 66 0.00 66
2021-06-30 CONARD EDWARD Director A-Award A Phantom Stock Units 61 0.00 61
2021-05-24 BERENDT MICHAEL J Director S-Sale D Common Stock 1,161 318.24 369.5K 21,255
2021-05-13 BADDOUR LINDA Director M-Exempt A Common Stock 1,249 188.26 235.1K 3,046
2021-05-12 Chaubal Amol Officer A-Award A Stock Option (Right to Buy) 8,592 303.64 2.61M 8,592
2021-05-03 SILVEIRA MICHAEL F Officer A-Award A Common Stock 994 0.00 2,672

Executive team

Top executives
EBIT / Employee
106.0K
Shares Outstanding
59.51M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 Udit Batra, Ph.D., President & CEO 1.15M 7.43M 3.00M 2.37M 21.0K 13.97M 74.64%
2 2025 Amol Chaubal, SVP & CFO 650.0K 1.73M 690.0K 750.8K 21.0K 3.84M 63.02%
3 2025 Jianqing Y. Bennett, SVP, TA & Clinical Division 633.0K 1.28M 509.9K 522.2K 21.0K 2.97M 60.35%
4 2025 Robert Carpio III, SVP, Waters Division 600.0K 1.13M 450.0K 618.8K 21.0K 2.82M 56.03%
5 2024 Udit Batra, Ph.D., President & CEO 1.10M 4.45M 4.38M 1.20M 24.3K 11.15M 79.18%
6 2024 Amol Chaubal, SVP & CFO 569.4K 1.10M 1.05M 378.7K 37.8K 3.14M 68.58%
7 2024 Jianqing Y. Bennett, SVP, TA & Clinical Division 605.8K 771.4K 734.9K 366.7K 24.3K 2.50M 60.18%
8 2024 Robert Carpio III, SVP, Waters Division 277.0K 200.0K 650.0K 649.9K 171.9K 1.95M 66.70%
9 2023 Udit Batra, Ph.D., President & CEO 1.10M 3.83M 3.75M 69.4K 8.74M 86.65%
10 2023 Udit Batra, Ph.D. President and Chief Executive Officer 1.10M 3.83M 3.75M 69.4K 8.74M 86.65%
11 2023 Amol Chaubal Senior Vice President and Chief Financial Officer 563.8K 1.02M 1,000.0K 71.9K 2.66M 76.10%
12 2023 Amol Chaubal, SVP & CFO 563.8K 1.02M 1,000.0K 71.9K 2.66M 76.10%
13 2023 Jonathan M. Pratt Former Senior Vice President, Waters Division 568.6K 819.4K 800.0K 75.4K 2.26M 71.55%
14 2023 Jianqing Y. Bennett Senior Vice President, TA Instruments Division 601.3K 752.8K 734.9K 19.8K 2.11M 70.55%
15 2023 Jianqing Y. Bennett, SVP, TA & Clinical Division 601.3K 752.8K 734.9K 19.8K 2.11M 70.55%
16 2022 Udit Batra, Ph.D. President and Chief Executive Officer 1.04M 3.04M 3.25M 2.06M 19.5K 9.41M 66.90%
17 2022 Dr. Udit Batra, Ph.D. President and Chief Executive Officer 1.04M 3.04M 3.25M 2.06M 19.5K 9.41M 66.90%
18 2022 Udit Batra, Ph.D., President & CEO 1.04M 3.04M 3.25M 2.06M 19.5K 9.41M 66.90%
19 2022 Amol Chaubal, SVP & CFO 533.7K 948.0K 949.9K 634.8K 65.8K 3.13M 60.59%
20 2022 Amol Chaubal Senior Vice President and Chief Financial Officer 533.7K 948.0K 949.9K 634.8K 65.8K 3.13M 60.59%
21 2022 Jonathan M. Pratt Senior Vice President, Waters Division 584.4K 748.4K 750.0K 694.2K 81.2K 2.86M 52.43%
22 2022 Jonathan M. Pratt Former Senior Vice President, Waters Division 584.4K 748.4K 750.0K 694.2K 81.2K 2.86M 52.43%
23 2022 Jianqing Y. Bennett Senior Vice President, TA Instruments Division 584.4K 748.4K 750.0K 636.3K 21.0K 2.74M 54.68%
24 2022 Jianqing Y. Bennett, SVP, TA & Clinical Division 584.4K 748.4K 750.0K 636.3K 21.0K 2.74M 54.68%
25 2022 Keeley A. Aleman Senior Vice President, General Counsel and Secretary 421.8K 573.7K 574.9K 456.0K 19.5K 2.05M 56.14%
26 2021 Dr. Udit Batra, Ph.D. President and Chief Executive Officer 1.00M 2.79M 2.50M 2.35M 18.0K 8.65M 61.08%
27 2021 Udit Batra, Ph.D. President and Chief Executive Officer 1.00M 2.79M 2.50M 2.35M 18.0K 8.65M 61.08%
28 2021 Dr. Belinda G. Hyde, Ph.D. Senior Vice President and Chief Human Resources Officer 415.9K 200.0K 814.8K 762.4K 475.9K 219.8K 2.89M 54.60%
29 2021 Jonathan M. Pratt Senior Vice President, Waters Division 516.3K 713.2K 649.9K 747.6K 46.7K 2.67M 50.98%
30 2021 Jonathan M. Pratt Former Senior Vice President, Waters Division 516.3K 713.2K 649.9K 747.6K 46.7K 2.67M 50.98%
31 2021 Jianqing Y. Bennett Senior Vice President, TA Instruments Division 399.8K 999.9K 649.9K 560.7K 17.4K 2.63M 62.79%
32 2021 Amol Chaubal Senior Vice President and Chief Financial Officer 300.0K 200.0K 750.0K 750.0K 470.0K 17.4K 2.49M 60.30%
33 2021 Michael F. Silveira Vice President, Corporate Finance and Corporate Controller and Chief Accounting Officer and Former Interim CFO 327.0K 581.5K 249.9K 296.9K 83.4K 1.54M 54.04%
34 2020 Christopher J. O’Connell Former President and Chief Executive Officer 850.5K 2.29M 3.85M 928.4K 4.32M 12.23M 50.15%
35 2020 Dr. Udit Batra, Ph.D. President and Chief Executive Officer 284.6K 2.50M 2.50M 394.0K 35.0K 5.71M 87.51%
36 2020 Sherry L. Buck Former Senior Vice President and Chief Financial Officer 500.2K 695.0K 828.5K 12.0K 2.04M 74.84%
37 2020 Dr. Michael C. Harrington, Ph.D. Senior Vice President, Global Markets 432.9K 556.1K 662.8K 331.0K 10.6K 1.99M 61.14%
38 2020 Ian S. King Senior Vice President, Global Products 397.8K 602.4K 718.0K 253.5K 9.8K 1.98M 66.64%
39 2020 Jonathan M. Pratt Senior Vice President, Waters Division 393.1K 463.3K 552.3K 250.5K 9.7K 1.67M 60.86%
40 2020 Jonathan M. Pratt Senior Vice President and President of TA Instruments 393.1K 463.3K 552.3K 250.5K 9.7K 1.67M 60.86%
41 2019 Christopher J. O’Connell Former President and Chief Executive Officer 945.0K 139.9K 1.08M 0.00%
42 2019 Christopher J. O’Connell President and Chief Executive Officer 945.0K 139.9K 1.08M 0.00%
43 2019 Keeley A. Aleman Senior Vice President, General Counsel and Corporate Secretary 282.1K 331.5K 442.2K 17.6K 1.07M 72.08%
44 2019 Mark T. Beaudouin Former Senior Vice President, General Counsel and Corporate Secretary 459.7K 285.8K 18.5K 763.9K 37.41%
45 2019 Jonathan M. Pratt Senior Vice President, Waters Division 121.0K 250.0K 252.9K 292.00 624.2K 80.57%
46 2019 Jonathan M. Pratt Senior Vice President and President of TA Instruments 121.0K 250.0K 252.9K 292.00 624.2K 80.57%
47 2019 Sherry L. Buck Former Senior Vice President and Chief Financial Officer 540.8K 18.5K 559.2K 0.00%
48 2019 Sherry L. Buck Senior Vice President and Chief Financial Officer 540.8K 18.5K 559.2K 0.00%
49 2019 Michael C. Harrington Senior Vice President, Global Markets 468.0K 54.0K 522.0K 0.00%
50 2019 Dr. Michael C. Harrington, Ph.D. Senior Vice President, Global Markets 468.0K 54.0K 522.0K 0.00%
51 2018 Christopher J. O’Connell Chairman and Chief Executive Officer 943.3K 1.65M 3.85M 1.36M 457.0K 8.26M 66.60%
52 2018 Christopher J. O’Connell Former President and Chief Executive Officer 943.3K 1.65M 3.85M 1.36M 457.0K 8.26M 66.60%
53 2018 Christopher J. O’Connell President and Chief Executive Officer 943.3K 1.65M 3.85M 1.36M 457.0K 8.26M 66.60%
54 2018 Robert G. Carson Senior Vice President, Corporate Development 325.8K 400.0K 814.8K 1.53M 287.7K 418.6K 3.78M 62.13%
55 2018 Sherry L. Buck Senior Vice President and Chief Financial Officer 540.1K 479.9K 1.12M 466.3K 19.4K 2.63M 60.93%
56 2018 Sherry L. Buck Former Senior Vice President and Chief Financial Officer 540.1K 479.9K 1.12M 466.3K 19.4K 2.63M 60.93%
57 2018 Dr. Michael C. Harrington, Ph.D. Senior Vice President, Global Markets 467.3K 450.0K 1.05M 403.5K 48.6K 2.42M 62.00%
58 2018 Michael C. Harrington Senior Vice President, Global Markets 467.3K 450.0K 1.05M 403.5K 48.6K 2.42M 62.00%
59 2018 Francis S. Kim Senior Vice President, Global Operations 340.2K 539.8K 1.26M 257.8K 17.4K 2.42M 74.52%
60 2017 Christopher J. O’Connell Chief Executive Officer 894.2K 1.65M 3.85M 1.06M 142.1K 7.60M 72.37%
61 2017 Christopher J. O’Connell President and Chief Executive Officer 894.2K 1.65M 3.85M 1.06M 142.1K 7.60M 72.37%
62 2017 Christopher J. O’Connell Chairman and Chief Executive Officer 894.2K 1.65M 3.85M 1.06M 142.1K 7.60M 72.37%
63 2017 Sherry L. Buck Senior Vice President and Chief Financial Officer 494.7K 300.0K 1.12M 2.20M 372.3K 94.7K 4.58M 72.46%
64 2017 Sherry L. Buck Senior Vice President, Chief Financial Officer 494.7K 300.0K 1.12M 2.20M 372.3K 94.7K 4.58M 72.46%
65 2017 Rohit Khanna Former Senior Vice President Applied Technology 355.0K 354.5K 1.64M 218.4K 83.8K 2.66M 75.25%
66 2017 Michael C. Harrington Senior Vice President, Global Markets 448.1K 404.8K 945.0K 319.1K 71.6K 2.19M 61.67%
67 2017 Michael C. Harrington Senior Vice President Global Markets 448.1K 404.8K 945.0K 319.1K 71.6K 2.19M 61.67%
68 2017 Ian S. King Senior Vice President Global Products 380.2K 360.0K 1.14M 245.9K 44.2K 2.17M 69.13%
69 2017 Eugene G. Cassis Former Senior Vice President, Chief Financial Officer, Senior Vice President and Senior Advisor 405.6K 249.3K 79.4K 734.2K 0.00%
70 2016 Christopher J. O’Connell Chairman and Chief Executive Officer 849.8K 1.84M 3.50M 1.30M 141.0K 7.63M 69.98%
71 2016 Christopher J. O’Connell President and Chief Executive Officer 849.8K 1.84M 3.50M 1.30M 141.0K 7.63M 69.98%
72 2016 Christopher J. O’Connell Chief Executive Officer 849.8K 1.84M 3.50M 1.30M 141.0K 7.63M 69.98%
73 2016 Arthur G. Caputo Former Executive Vice President & President, Waters Division 326.9K 1.30M 5.76M 87.6K 7.47M 94.45%
74 2016 Michael C. Harrington Senior Vice President Global Markets 395.7K 441.6K 1.34M 367.2K 55.0K 2.60M 68.54%
75 2016 Michael C. Harrington Senior Vice President, Global Markets 395.7K 441.6K 1.34M 367.2K 55.0K 2.60M 68.54%
76 2016 Ian S. King Senior Vice President Global Products 330.0K 368.0K 1.27M 266.5K 47.6K 2.28M 71.78%
77 2016 Ian S. King Senior Vice President Instrument Technology 330.0K 368.0K 1.27M 266.5K 47.6K 2.28M 71.78%
78 2016 Rohit Khanna Former Senior Vice President Applied Technology 341.2K 368.0K 1.20M 274.4K 63.3K 2.25M 69.78%
79 2016 Rohit Khanna Senior Vice President Applied Technology 341.2K 368.0K 1.20M 274.4K 63.3K 2.25M 69.78%
80 2016 Eugene G. Cassis Former Senior Vice President, Chief Financial Officer 405.6K 372.3K 62.6K 840.4K 0.00%
81 2016 Eugene G. Cassis Former Senior Vice President, Chief Financial Officer, Senior Vice President and Senior Advisor 405.6K 372.3K 62.6K 840.4K 0.00%
82 2015 Christopher J. O’Connell Chief Executive Officer 234.8K 1.70M 2.50M 7.50M 268.5K 29.2K 12.23M 81.75%
83 2015 Christopher J. O’Connell President and Chief Executive Officer 234.8K 1.70M 2.50M 7.50M 268.5K 29.2K 12.23M 81.75%
84 2015 Eugene G. Cassis Senior Vice President and Chief Financial Officer 393.8K 1.45M 248.0K 38.6K 2.13M 68.06%
85 2015 Eugene G. Cassis Former Senior Vice President, Chief Financial Officer 393.8K 1.45M 248.0K 38.6K 2.13M 68.06%
86 2015 Eugene G. Cassis Former Senior Vice President, Chief Financial Officer, Senior Vice President and Senior Advisor 393.8K 1.45M 248.0K 38.6K 2.13M 68.06%
87 2015 Mark T. Beaudouin Senior Vice President, General Counsel and Secretary 420.7K 1.38M 265.0K 39.8K 2.11M 65.60%
88 2015 Douglas A. Berthiaume Chairman, Former President and Chief Executive Officer 744.0K 878.8K 160.2K 1.78M 0.00%
89 2015 Elizabeth B. Rae Senior Vice President Human Resources 273.0K 1.18M 114.6K 20.4K 1.58M 74.24%
90 2015 Arthur G. Caputo Former Executive Vice President and President, Waters Division 533.5K 492.8K 100.7K 1.13M 0.00%
91 2015 Arthur G. Caputo Former Executive Vice President & President, Waters Division 533.5K 492.8K 100.7K 1.13M 0.00%
92 2014 Arthur G. Caputo Former Executive Vice President & President, Waters Division 508.0K 3.16M 296.1K 102.7K 4.06M 77.68%
93 2014 Arthur G. Caputo Executive Vice President and President, Waters Division 508.0K 3.16M 296.1K 16.8K 4.06M 77.68%
94 2014 Arthur G. Caputo Former Executive Vice President and President, Waters Division 508.0K 3.16M 296.1K 102.7K 4.06M 77.68%
95 2014 Mark T. Beaudouin Senior Vice President, General Counsel and Secretary 400.7K 1.33M 159.2K 37.2K 1.93M 69.00%
96 2014 Mark T. Beaudouin Vice President, General Counsel and Secretary 400.7K 1.33M 159.2K 16.7K 1.93M 69.00%
97 2014 Eugene G. Cassis Vice President, Finance and Administration and interim Chief Financial Officer (k) 340.1K 1.33M 139.1K 20.7K 1.88M 70.81%
98 2014 Eugene G. Cassis Former Senior Vice President, Chief Financial Officer 340.1K 1.33M 139.1K 68.6K 1.88M 70.81%
99 2014 Eugene G. Cassis Senior Vice President and Chief Financial Officer 340.1K 1.33M 139.1K 68.6K 1.88M 70.81%
100 2014 Douglas A. Berthiaume Chairman, Former President and Chief Executive Officer 797.3K 527.9K 179.7K 1.50M 0.00%
101 2014 Douglas A. Berthiaume Chairman, President and Chief Executive Officer 797.3K 527.9K 49.0K 1.50M 0.00%
102 2014 Elizabeth B. Rae Senior Vice President Human Resources 245.1K 1.13M 64.9K 39.9K 1.48M 76.35%
103 2014 Elizabeth B. Rae Vice President, Human Resources 245.1K 1.13M 64.9K 15.3K 1.48M 76.35%
104 2014 John A. Ornell Former Vice President, Finance and Administration and Chief Financial Officer (k) 262.4K 16.8K 349.0K 0.00%
105 2013 Arthur G. Caputo Former Executive Vice President and President, Waters Division 493.3K 1.81M 1.52M 29.9K 3.85M 86.41%
106 2013 Arthur G. Caputo Executive Vice President and President, Waters Division 493.3K 1.81M 1.52M 16.5K 3.85M 86.41%
107 2013 Mark T. Beaudouin Senior Vice President, General Counsel and Secretary 389.0K 990.0K 691.0K 16.4K 2.09M 80.57%
108 2013 Mark T. Beaudouin Vice President, General Counsel and Secretary 389.0K 990.0K 691.0K 16.4K 2.09M 80.57%
109 2013 Elizabeth B. Rae Vice President, Human Resources 238.0K 716.0K 552.8K 14.9K 1.52M 83.38%
110 2013 Elizabeth B. Rae Senior Vice President Human Resources 238.0K 716.0K 552.8K 14.9K 1.52M 83.38%
111 2013 Elizabeth B. Rae Vice President Human Resources 238.0K 716.0K 552.8K 14.9K 1.52M 83.38%
112 2013 Douglas A. Berthiaume Chairman, Former President and Chief Executive Officer 774.0K 124.9K 899.0K 0.00%
113 2013 Douglas A. Berthiaume Chairman, President and Chief Executive Officer 774.0K 47.6K 899.0K 0.00%
114 2013 John A. Ornell Vice President Finance and Administration and Chief Financial Officer (k) 402.3K 250.0K 16.5K 668.8K 37.39%
115 2013 John A. Ornell Former Vice President, Finance and Administration and Chief Financial Officer (k) 402.3K 250.0K 16.5K 668.8K 37.39%
116 2012 Arthur G. Caputo Executive Vice President and President, Waters Division 508.5K 2.61M 16.2K 3.20M 81.57%
117 2012 John A. Ornell Former Vice President, Finance and Administration and Chief Financial Officer (k) 414.7K 1.42M 36.3K 1.92M 74.33%
118 2012 John A. Ornell Vice President Finance and Administration and Chief Financial Officer (k) 414.7K 1.42M 36.3K 1.92M 74.33%
119 2012 John A. Ornell Vice President Finance and Administration and Chief Financial Officer 414.7K 1.42M 36.3K 1.92M 74.33%
120 2012 Mark T. Beaudouin Vice President, General Counsel and Secretary 401.0K 1.19M 51.8K 1.65M 71.81%
121 2012 Elizabeth B. Rae Vice President Human Resources 245.3K 949.6K 36.1K 1.24M 76.30%
122 2012 Elizabeth B. Rae Vice President, Human Resources 245.3K 949.6K 36.1K 1.24M 76.30%
123 2012 Douglas A. Berthiaume Chairman, President and Chief Executive Officer 814.8K 143.8K 1.06M 0.00%
124 2011 Arthur G. Caputo Executive Vice President and President, Waters Division 491.3K 3.29M 821.9K 16.0K 4.72M 69.68%
125 2011 John A. Ornell Vice President Finance and Administration and Chief Financial Officer 400.7K 1.79M 609.3K 35.4K 2.91M 61.67%
126 2011 John A. Ornell Vice President Finance and Administration and Chief Financial Officer (k) 400.7K 1.79M 609.3K 35.4K 2.91M 61.67%
127 2011 Douglas A. Berthiaume Chairman, President and Chief Executive Officer 794.9K 1.56M 138.0K 2.65M 0.00%
128 2011 Mark T. Beaudouin Vice President, General Counsel and Secretary 389.3K 1.50M 444.1K 32.2K 2.38M 62.75%
129 2011 Elizabeth B. Rae Vice President Human Resources 237.0K 1.20M 180.2K 26.4K 1.66M 71.91%
130 2011 Elizabeth B. Rae Vice President, Human Resources 237.0K 1.20M 180.2K 26.4K 1.66M 71.91%
131 2010 Arthur G. Caputo Executive Vice President and President, Waters Division 463.5K 2.65M 792.7K 16.0K 4.02M 66.01%
132 2010 Douglas A. Berthiaume Chairman, President and Chief Executive Officer 757.1K 1.48M 46.8K 2.44M 0.00%
133 2010 John A. Ornell Vice President Finance and Administration and Chief Financial Officer 378.0K 1.45M 549.5K 15.7K 2.44M 59.24%
134 2010 Mark T. Beaudouin Vice President, General Counsel and Secretary 370.8K 1.21M 443.9K 23.3K 2.06M 58.48%
135 2010 Elizabeth B. Rae Vice President, Human Resources 225.8K 964.0K 193.0K 14.1K 1.41M 68.23%
136 2009 Arthur G. Caputo Executive Vice President and President, Waters Division 450.0K 2.07M 16.0K 2.61M 79.13%
137 2009 John A. Ornell Vice President Finance and Administration and Chief Financial Officer 360.0K 1.03M 54.4K 1.49M 69.49%
138 2009 Mark T. Beaudouin Vice President, General Counsel and Secretary 360.0K 826.0K 54.4K 1.25M 65.86%
139 2009 Douglas A. Berthiaume Chairman, President and Chief Executive Officer 735.0K 133.6K 1.01M 0.00%
140 2009 Elizabeth B. Rae Vice President, Human Resources 215.0K 619.5K 26.1K 872.8K 70.98%
141 2008 Arthur G. Caputo Executive Vice President and President, Waters Division 450.0K 810.0K 161.2K 3.71M 0.00%
142 2008 Douglas A. Berthiaume Chairman, President and Chief Executive Officer 735.0K 1.47M 129.4K 2.44M 0.00%
143 2008 John A. Ornell Vice President Finance and Administration and Chief Financial Officer 360.0K 450.0K 100.4K 1.83M 0.00%
144 2008 Mark T. Beaudouin Vice President, General Counsel and Secretary 360.0K 450.0K 95.5K 1.81M 0.00%
145 2008 Elizabeth B. Rae Vice President, Human Resources 215.0K 172.0K 55.1K 1.12M 0.00%
146 2008 Elizabeth B. Rae Vice President Human Resources 215.0K 172.0K 55.1K 930.6K 0.00%
147 2007 Arthur G. Caputo Executive Vice President and President, Waters Division 410.0K 738.0K 8.1K 3.68M 0.00%
148 2007 Douglas A. Berthiaume Chairman, President and Chief Executive Officer 700.0K 1.40M 71.1K 2.44M 0.00%
149 2007 John A. Ornell Vice President Finance and Administration and Chief Financial Officer 338.0K 422.5K 16.4K 1.79M 0.00%
150 2007 Mark T. Beaudouin Vice President, General Counsel and Secretary 338.0K 422.5K 25.2K 1.79M 0.00%
151 2007 Elizabeth B. Rae Vice President, Human Resources 200.0K 160.0K 12.4K 1.11M 0.00%
152 2007 Elizabeth B. Rae Vice President Human Resources 200.0K 160.0K 12.4K 774.4K 0.00%
153 2006 Douglas A. Berthiaume Chairman, President and Chief Executive Officer 650.0K 1.63M 31.8K 4.48M 0.00%
154 2006 Arthur G. Caputo Executive Vice President and President, Waters Division 375.0K 787.5K 8.8K 3.08M 0.00%
155 2006 John A. Ornell Vice President Finance and Administration and Chief Financial Officer 310.0K 465.0K 16.5K 1.77M 0.00%
156 2006 Mark T. Beaudouin Vice President, General Counsel and Secretary 310.0K 465.0K 16.5K 1.48M 0.00%
157 2006 Elizabeth B. Rae Vice President Human Resources 185.0K 231.3K 6.7K 730.5K 0.00%
158 2005 Douglas A. Berthiaume Chairman, President and Chief Executive Officer 650.0K 336.6K 37.6K 1.02M 0.00%
159 2005 Arthur G. Caputo Executive Vice President and President, Waters Division 375.0K 180.8K 9.7K 565.5K 0.00%
160 2005 Mark T. Beaudouin Vice President, General Counsel and Secretary 300.0K 112.5K 15.1K 427.6K 0.00%
161 2005 John Ornell Vice President Finance and Administration and Chief Financial Officer 300.0K 112.5K 14.4K 426.9K 0.00%
162 2005 Brian K. Mazar Senior Vice President Human Resources 113.3K 51.6K 6.2K 171.1K 0.00%
163 2005 Elizabeth B. Rae Vice President Human Resources 141.3K 12.6K 5.2K 159.0K 0.00%
164 2004 Douglas A. Berthiaume Chairman, President and Chief Executive Officer 650.0K 1.95M 85.5K 2.69M 0.00%
165 2004 Arthur G. Caputo Executive Vice President and President, Waters Division 330.0K 866.3K 8.5K 1.20M 0.00%
166 2004 Mark T. Beaudouin Vice President, General Counsel and Secretary 280.0K 525.0K 23.6K 828.6K 0.00%
167 2004 Mark T. Beaudouin Vice President, General Counsel 280.0K 525.0K 23.6K 828.6K 0.00%
168 2004 John Ornell Vice President Finance and Administration and Chief 275.0K 515.6K 25.3K 815.9K 0.00%
169 2004 John Ornell Vice President Finance and Administration and Chief Financial Officer 275.0K 515.6K 25.3K 815.9K 0.00%
170 2004 Brian K. Mazar Senior Vice President Human Resources 135.0K 347.2K 15.1K 497.3K 0.00%
171 2004 Elizabeth B. Rae Vice President Human Resources 112.6K 50.7K 5.4K 168.8K 0.00%
172 2003 Douglas A. Berthiaume Chairman, President and Chief Executive Officer 617.5K 566.0K 40.5K 1.22M 0.00%
173 2003 John R. Nelson Executive Vice President and Chief Technology Officer 354.5K 236.3K 16.9K 607.7K 0.00%
174 2003 Arthur G. Caputo Executive Vice President and President, Waters Division 309.5K 206.3K 10.3K 526.1K 0.00%
175 2003 John Ornell Vice President Finance and Administration and Chief 244.5K 160.0K 13.9K 418.4K 0.00%
176 2003 John Ornell Vice President Finance and Administration and Chief Financial Officer 244.5K 160.0K 13.9K 418.4K 0.00%
177 2003 Mark T. Beaudouin Vice President, General Counsel and Secretary 203.5K 201.3K 748.00 405.6K 0.00%
178 2003 Mark T. Beaudouin Vice President, General Counsel and Secretary 203.5K 201.3K 748.00 405.6K 0.00%
179 2003 Mark T. Beaudouin Vice President, General Counsel 203.5K 201.3K 748.00 405.6K 0.00%
180 2003 Brian K. Mazar Senior Vice President Human Resources 132.2K 116.9K 8.1K 257.2K 0.00%
181 2003 Elizabeth B. Rae Vice President Human Resources 108.5K 34.8K 4.7K 148.0K 0.00%
182 2002 Douglas A. Berthiaume Chairman, President and Chief Executive Officer 610.0K 22.3K 632.3K 0.00%
183 2002 Arthur G. Caputo Executive Vice President and President, Waters Division 305.0K 91.5K 7.2K 403.7K 0.00%
184 2002 John R. Nelson Executive Vice President and Chief Technology Officer 350.0K 12.5K 362.5K 0.00%
185 2002 John Ornell Vice President Finance and Administration and Chief 240.0K 8.1K 248.1K 0.00%
186 2002 Brian K. Mazar Senior Vice President Human Resources 167.2K 4.8K 171.9K 0.00%
187 2001 Douglas A. Berthiaume Chairman, President and Chief Executive Officer 560.0K 295.6K 15.5K 871.1K 0.00%
188 2001 John R. Nelson Executive Vice President and Chief Technology Officer 290.0K 112.8K 14.0K 416.7K 0.00%
189 2001 Arthur G. Caputo Executive Vice President and President, Waters Division 280.0K 108.9K 6.9K 395.8K 0.00%
190 2001 John Ornell Vice President Finance and Administration and Chief 196.2K 71.9K 8.4K 276.5K 0.00%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2026-04-09 DEFA14A
2026-04-09 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-05 8-K
2026-04-30 SC 13G
2026-04-24 SC 13G/A
2026-04-09 DEFA14A
2026-04-09 DEF 14A
2026-04-09 ARS
2026-04-07 4
2026-04-02 4
2026-04-02 4
2026-03-27 SC 13G/A

Executive team

NameTitleCompensationGender
Udit Batra President, Chief Executive Officer & Director 4M
Amol Chaubal Senior Vice President & Chief Financial Officer 1M male
Robert L. Carpio Senior Vice President of Waters Analytical Sciences 1M male
Jianqing Y. Bennett Senior Vice President of Waters Advanced Diagnostics 1M female
Keeley A. Aleman Senior Vice President, General Counsel & Corporate Secretary 897.3K female
Daniel Rush SVP of Global Research & Strategy and Interim SVP of Water Materials Sciences
Kristen Garvey Senior Vice President of Global Communications female
Caspar Tudor Head of Investor Relations male
Brook Colangelo Senior VP & Chief Information Officer male
Cheryl Kennedy Senior Vice President of Human Resources female
Christos Ross Senior Vice President of Global Operations male
ESG Rating
B
MEDICAL - DIAGNOSTICS & RESEARCH
2018
E (Environmental)
63.3 / 61.3
Company / Sector avg.
S (Social)
66.1 / 65.4
Company / Sector avg.
G (Governance)
76.8 / 64.9
Company / Sector avg.
ESG Total
68.7 / 63.8
Company / Sector avg.
ESG Score History MEDICAL - DIAGNOSTICS & RESEARCH
Benchmark vs Sector
Political Trading Activity (25M)
Senate Trading Activity
Transaction Date Disclosed Senator State Owner Type Amount Link
2024-05-03 2024-06-14 Tommy Tuberville AL Joint Sale (Full) $1,001 - $15,000
2021-03-29 2021-07-23 Tommy Tuberville AL Joint Purchase $1,001 - $15,000
2019-07-23 2019-08-26 Angus King ME Spouse Sale (Partial) $1,001 - $15,000
House Trading Activity
Transaction Date Disclosed Representative District Owner Type Amount Link
2026-03-10 2026-04-14 Thomas H. Kean NJ07 Sale $1,001 - $15,000
2026-02-13 2026-03-18 Thomas H. Kean NJ07 Sale (Partial) $1,001 - $15,000
2026-02-10 2026-02-24 Debbie Dingell MI06 receive $1,001 - $15,000
2026-02-09 2026-03-06 Kevin Hern OK01 Joint Exchange $1,001 - $15,000
2025-12-08 2026-01-13 Julia Letlow LA05 Purchase $1,001 - $15,000
2025-09-30 2025-10-10 Gilbert Cisneros CA31 Purchase $1,001 - $15,000
2025-09-29 2025-10-03 Ro Khanna CA17 Purchase $1,001 - $15,000
2025-08-26 2025-09-12 Gilbert Cisneros CA31 Purchase $1,001 - $15,000
2025-08-13 2025-09-12 Gilbert Cisneros CA31 Purchase $1,001 - $15,000
2025-08-12 2025-09-12 Gilbert Cisneros CA31 Purchase $1,001 - $15,000
2025-07-22 2025-08-13 Lisa McClain MI09 Spouse Sale (Full) $1,001 - $15,000
2025-07-16 2025-08-13 Lisa McClain MI09 Spouse Purchase $1,001 - $15,000
2025-05-15 2025-06-10 Rob Bresnahan PA08 Purchase $1,001 - $15,000
2025-04-08 2025-05-08 Rob Bresnahan PA08 Sale (Full) $1,001 - $15,000
2024-11-19 2026-01-13 Julia Letlow LA05 Sale (Full) $1,001 - $15,000
2024-11-15 2024-12-06 Ro Khanna CA17 Purchase $1,001 - $15,000
2024-10-23 2026-01-13 Julia Letlow LA05 Purchase $1,001 - $15,000
2024-09-09 2024-10-08 Ro Khanna CA17 Spouse Sale $1,001 - $15,000
2023-11-03 2023-12-06 Ro Khanna CA17 Sale $1,001 - $15,000
2023-10-31 2023-11-08 Ro Khanna CA17 Spouse Sale $1,001 - $15,000
Market share among peers
Peer comparison — filtered group (TTM)
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Dividend history

Earnings history

Earnings reports

Stock splits