A vs WAT
Agilent Technologies (A) and Waters (WAT) compared side by side. Agilent Technologies (A) is larger, with a market cap of $48.8B versus $44.5B for Waters, about 1.1 times the size. On trailing earnings, A is cheaper at 34.1x versus 114.9x for WAT.
Head to head
| Metric | A | WAT |
|---|---|---|
| Market cap | $48.8B | $44.5B |
| P/E (TTM) | 34.1x | 114.9x |
| Forward P/E | 25.7x | 27.4x |
| Revenue (TTM) | $7.4B | $4.6B |
| Revenue growth | 8.1% | 113.4% |
| Gross margin | 53.6% | 56.3% |
| Operating margin | 25.6% | 9.4% |
| Free cash flow | $1.3B | $398.8M |
| Dividend yield | 0.59% | None |
| 1-year return | +18.2% | +27.6% |
| 5-year return (annual) | +2.6% | +4.5% |
| Max drawdown | -93% | -80% |
| FI Handbook grade | B- | C- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
A vs WAT FAQ
Which is bigger, A or WAT?
Agilent Technologies (A) is larger, with a market cap of $48.8B versus $44.5B for Waters, about 1.1 times the size.
Is A or WAT cheaper?
On trailing earnings, A is cheaper at 34.1x versus 114.9x for WAT. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, A or WAT?
WAT returned +27.6% over the past year including dividends, versus +18.2% for A, through October 23, 2026.
Which pays a higher dividend, A or WAT?
A yields 0.59%; WAT does not pay a dividend.
Full pages: Agilent Technologies · Waters