Revenue Breakdown Overview
Waters generates revenue through various business segments and geographic regions. Here's a comprehensive breakdown of how the company makes money:
Product & Service Revenue Segments
Waters's revenue comes from the following main product/service categories (Total Revenue: $2.96B):
- Ta Service: $107.76M (3.6% of total)
- Waters Service: $1.01B (34.0% of total)
- Chemistry Consumables: $565.48M (19.1% of total)
- Ta Instrument Systems: $246.20M (8.3% of total)
- Waters Instrument Systems: $1.03B (34.9% of total)
Geographic Revenue Distribution
The company's revenue is distributed across these geographic regions (Total Revenue: $5.04B):
- Americas: $1.30B (25.7% of total)
- Asia Pacific: $1.38B (27.5% of total)
- Japan: $157.32M (3.1% of total)
- China: $396.60M (7.9% of total)
- Europe: $873.38M (17.3% of total)
- United States: $933.93M (18.5% of total)
Revenue by Product Segment (2024)
Revenue by Geographic Region (2024)
Revenue Segments Over Time
Historical Revenue by Product Segment
| Year | Total Revenue | Chemistry Consumables | Ta Instrument Systems | Ta Service | Waters Instrument Systems | Waters Service |
|---|---|---|---|---|---|---|
| 2024 | $2.96B | $565.48M | $246.20M | $107.76M | $1.03B | $1.01B |
| 2023 | $2.96B | $541.47M | $252.88M | $101.95M | $1.11B | $951.42M |
| 2022 | $2.97B | $525.40M | $252.31M | $93.18M | $1.21B | $890.61M |
| 2021 | $2.79B | $507.21M | $225.61M | $87.18M | $1.09B | $876.63M |
| 2020 | $2.37B | $432.08M | $174.40M | $73.84M | $890.86M | $794.19M |
| 2019 | $2.41B | $412.02M | $191.30M | $77.81M | $963.87M | $761.59M |
| 2018 | $2.42B | $400.29M | $204.08M | $76.50M | $1.00B | $738.43M |
Geographic Revenue Over Time
Historical Revenue by Geographic Region
| Year | Total Revenue | Americas | Asia Pacific | China | Europe | Japan | United States |
|---|---|---|---|---|---|---|---|
| 2024 | $2.96B | $1.30B | $1.38B | $396.60M | $873.38M | $157.32M | $933.93M |
| 2023 | $2.96B | $1.29B | $1.41B | $440.71M | $840.02M | $167.20M | $927.98M |
| 2022 | $2.97B | $1.23B | $1.53B | $565.14M | $784.58M | $167.22M | $886.14M |
| 2021 | $2.79B | $1.08B | $1.45B | $521.13M | $784.89M | $182.60M | $774.01M |
| 2020 | $2.37B | $917.37M | $1.21B | $404.35M | $668.35M | $179.81M | $678.31M |
| 2019 | $2.41B | $968.21M | $1.26B | $439.56M | $637.24M | $180.71M | $692.28M |
| 2018 | $2.42B | $986.76M | $1.23B | $443.32M | $662.46M | $173.36M | $683.60M |
Related Metrics
Explore detailed financial metrics and analysis for WAT.