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WAT vs. WAB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between WAT and WAB is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.5

Performance

WAT vs. WAB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Waters Corporation (WAT) and Westinghouse Air Brake Technologies Corporation (WAB). The values are adjusted to include any dividend payments, if applicable.

4,000.00%6,000.00%8,000.00%10,000.00%NovemberDecember2025FebruaryMarchApril
8,887.39%
4,471.72%
WAT
WAB

Key characteristics

Sharpe Ratio

WAT:

0.21

WAB:

0.83

Sortino Ratio

WAT:

0.64

WAB:

1.29

Omega Ratio

WAT:

1.08

WAB:

1.19

Calmar Ratio

WAT:

0.23

WAB:

1.04

Martin Ratio

WAT:

0.74

WAB:

3.24

Ulcer Index

WAT:

10.60%

WAB:

7.56%

Daily Std Dev

WAT:

37.52%

WAB:

27.77%

Max Drawdown

WAT:

-80.12%

WAB:

-71.84%

Current Drawdown

WAT:

-20.44%

WAB:

-12.19%

Fundamentals

Market Cap

WAT:

$20.10B

WAB:

$31.72B

EPS

WAT:

$10.70

WAB:

$6.39

PE Ratio

WAT:

31.58

WAB:

29.01

PEG Ratio

WAT:

2.25

WAB:

3.92

PS Ratio

WAT:

6.80

WAB:

3.02

PB Ratio

WAT:

11.09

WAB:

3.00

Total Revenue (TTM)

WAT:

$2.32B

WAB:

$10.50B

Gross Profit (TTM)

WAT:

$1.36B

WAB:

$3.31B

EBITDA (TTM)

WAT:

$843.51M

WAB:

$1.91B

Returns By Period

In the year-to-date period, WAT achieves a -8.92% return, which is significantly lower than WAB's -2.81% return. Over the past 10 years, WAT has outperformed WAB with an annualized return of 10.43%, while WAB has yielded a comparatively lower 7.25% annualized return.


WAT

YTD

-8.92%

1M

-8.13%

6M

4.11%

1Y

9.58%

5Y*

12.08%

10Y*

10.43%

WAB

YTD

-2.81%

1M

-1.95%

6M

-2.28%

1Y

13.32%

5Y*

28.92%

10Y*

7.25%

*Annualized

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Risk-Adjusted Performance

WAT vs. WAB — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WAT
The Risk-Adjusted Performance Rank of WAT is 5959
Overall Rank
The Sharpe Ratio Rank of WAT is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of WAT is 5656
Sortino Ratio Rank
The Omega Ratio Rank of WAT is 5454
Omega Ratio Rank
The Calmar Ratio Rank of WAT is 6363
Calmar Ratio Rank
The Martin Ratio Rank of WAT is 6262
Martin Ratio Rank

WAB
The Risk-Adjusted Performance Rank of WAB is 7979
Overall Rank
The Sharpe Ratio Rank of WAB is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of WAB is 7373
Sortino Ratio Rank
The Omega Ratio Rank of WAB is 7676
Omega Ratio Rank
The Calmar Ratio Rank of WAB is 8585
Calmar Ratio Rank
The Martin Ratio Rank of WAB is 8080
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

WAT vs. WAB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Waters Corporation (WAT) and Westinghouse Air Brake Technologies Corporation (WAB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The chart of Sharpe ratio for WAT, currently valued at 0.21, compared to the broader market-2.00-1.000.001.002.003.00
WAT: 0.21
WAB: 0.83
The chart of Sortino ratio for WAT, currently valued at 0.64, compared to the broader market-6.00-4.00-2.000.002.004.00
WAT: 0.64
WAB: 1.29
The chart of Omega ratio for WAT, currently valued at 1.08, compared to the broader market0.501.001.502.00
WAT: 1.08
WAB: 1.19
The chart of Calmar ratio for WAT, currently valued at 0.23, compared to the broader market0.001.002.003.004.005.00
WAT: 0.23
WAB: 1.04
The chart of Martin ratio for WAT, currently valued at 0.74, compared to the broader market-5.000.005.0010.0015.0020.00
WAT: 0.74
WAB: 3.24

The current WAT Sharpe Ratio is 0.21, which is lower than the WAB Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of WAT and WAB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.21
0.83
WAT
WAB

Dividends

WAT vs. WAB - Dividend Comparison

WAT has not paid dividends to shareholders, while WAB's dividend yield for the trailing twelve months is around 0.46%.


TTM20242023202220212020201920182017201620152014
WAT
Waters Corporation
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
WAB
Westinghouse Air Brake Technologies Corporation
0.46%0.42%0.54%0.60%0.52%0.66%0.62%0.68%0.54%0.43%0.39%0.23%

Drawdowns

WAT vs. WAB - Drawdown Comparison

The maximum WAT drawdown since its inception was -80.12%, which is greater than WAB's maximum drawdown of -71.84%. Use the drawdown chart below to compare losses from any high point for WAT and WAB. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-20.44%
-12.19%
WAT
WAB

Volatility

WAT vs. WAB - Volatility Comparison

Waters Corporation (WAT) and Westinghouse Air Brake Technologies Corporation (WAB) have volatilities of 17.61% and 17.06%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
17.61%
17.06%
WAT
WAB

Financials

WAT vs. WAB - Financials Comparison

This section allows you to compare key financial metrics between Waters Corporation and Westinghouse Air Brake Technologies Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items