WAT vs. WMS
Compare and contrast key facts about Waters Corporation (WAT) and Advanced Drainage Systems, Inc. (WMS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WAT or WMS.
Correlation
The correlation between WAT and WMS is 0.59, 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.
Performance
WAT vs. WMS - Performance Comparison
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Key characteristics
WAT:
-0.07
WMS:
-0.86
WAT:
0.33
WMS:
-1.05
WAT:
1.04
WMS:
0.87
WAT:
0.02
WMS:
-0.68
WAT:
0.06
WMS:
-1.19
WAT:
11.30%
WMS:
26.20%
WAT:
38.00%
WMS:
38.83%
WAT:
-80.12%
WMS:
-53.67%
WAT:
-17.21%
WMS:
-34.42%
Fundamentals
WAT:
$20.55B
WMS:
$9.44B
WAT:
$11.02
WMS:
$5.97
WAT:
31.34
WMS:
20.38
WAT:
2.36
WMS:
1.08
WAT:
6.89
WMS:
3.21
WAT:
10.89
WMS:
6.10
WAT:
$2.98B
WMS:
$2.29B
WAT:
$1.85B
WMS:
$856.09M
WAT:
$995.26M
WMS:
$686.17M
Returns By Period
In the year-to-date period, WAT achieves a -5.22% return, which is significantly lower than WMS's 1.68% return. Over the past 10 years, WAT has underperformed WMS with an annualized return of 10.36%, while WMS has yielded a comparatively higher 14.80% annualized return.
WAT
-5.22%
8.71%
-6.67%
-2.82%
14.57%
10.36%
WMS
1.68%
12.01%
-9.77%
-33.28%
24.98%
14.80%
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Risk-Adjusted Performance
WAT vs. WMS — Risk-Adjusted Performance Rank
WAT
WMS
WAT vs. WMS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Waters Corporation (WAT) and Advanced Drainage Systems, Inc. (WMS). 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.
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Dividends
WAT vs. WMS - Dividend Comparison
WAT has not paid dividends to shareholders, while WMS's dividend yield for the trailing twelve months is around 0.54%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
WMS Advanced Drainage Systems, Inc. | 0.54% | 0.54% | 0.38% | 0.57% | 0.31% | 0.43% | 3.48% | 1.28% | 1.13% | 1.12% | 0.79% | 0.17% |
Drawdowns
WAT vs. WMS - Drawdown Comparison
The maximum WAT drawdown since its inception was -80.12%, which is greater than WMS's maximum drawdown of -53.67%. Use the drawdown chart below to compare losses from any high point for WAT and WMS. For additional features, visit the drawdowns tool.
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Volatility
WAT vs. WMS - Volatility Comparison
Waters Corporation (WAT) and Advanced Drainage Systems, Inc. (WMS) have volatilities of 11.18% and 11.24%, 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.
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Financials
WAT vs. WMS - Financials Comparison
This section allows you to compare key financial metrics between Waters Corporation and Advanced Drainage Systems, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
WAT vs. WMS - Profitability Comparison
WAT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Waters Corporation reported a gross profit of 493.15M and revenue of 661.71M. Therefore, the gross margin over that period was 74.5%.
WMS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Advanced Drainage Systems, Inc. reported a gross profit of 241.59M and revenue of 690.54M. Therefore, the gross margin over that period was 35.0%.
WAT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Waters Corporation reported an operating income of 151.75M and revenue of 661.71M, resulting in an operating margin of 22.9%.
WMS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Advanced Drainage Systems, Inc. reported an operating income of 126.86M and revenue of 690.54M, resulting in an operating margin of 18.4%.
WAT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Waters Corporation reported a net income of 121.38M and revenue of 661.71M, resulting in a net margin of 18.3%.
WMS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Advanced Drainage Systems, Inc. reported a net income of 81.23M and revenue of 690.54M, resulting in a net margin of 11.8%.