Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $2,365 | $2,786 | $2,972 | $2,956 | $2,958 |
| Gross Profit | $1,359 | $1,629 | $1,724 | $1,761 | $1,758 |
| Operating Income | $645 | $822 | $873 | $818 | $826 |
| Net Income | $522 | $693 | $708 | $642 | $638 |
Over the five-year period, Waters Corporation experienced significant growth and subsequent stabilization in its financial metrics. Starting in 2020 with revenues of approximately 2,365 million USD, the company recorded a robust rebound in 2021, with revenues climbing to nearly 2,786 million USD—a jump that appears to be part of a recovery trajectory likely driven by post-pandemic market normalization and operational improvements. Gross profit, operating income, and net income followed similar upward trends during that period, with net income rising from 522 million USD in 2020 to almost 693 million USD in 2021. This considerable year-over-year growth, well over 20% in some cases, indicates a period of strong performance and suggests effective cost management and market strategy during challenging economic conditions. From 2022 onward, the pace of growth moderated. Revenues edged higher in 2022, reaching around 2,972 million USD, but then essentially plateaued in 2023 and 2024 at roughly 2,956–2,958 million USD. While gross profit continued to increase modestly until 2023 before a slight dip in 2024, both operating and net incomes declined in the later years. The reduction in operating income and net income after 2022, even as revenues remained stable, might point to rising operational costs or competitive pressures impacting margins. Despite these fluctuations, Waters Corporation’s overall financial health remains solid, supported by its strong operating performance during the turnaround phase and subsequent stabilization, reflecting sustainable business operations in the competitive analytical instruments industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.