Stocks / BAX vs WAT

BAX vs WAT: Which Stock Is the Better Buy?

Baxter International Inc. and Waters Corporation side by side — fundamentals from SEC filings, refreshed nightly. Sector: Healthcare.

WAT is the larger company ($37.0B vs $13.5B). On the fundamentals, WAT grows revenue faster (6.0% vs -0.7%); WAT earns a higher net margin (20.3% vs -8.5%); WAT has the stronger return on equity (25.1% vs -15.6%). On the filings, WAT carries fewer potential red flags (1 vs 2). Full numbers below — the stronger figure on each row is in green.

AI verdict — BAX vs WAT, read from the filings

The stronger business, the cheaper stock, and the risks — synthesised from both companies’ SEC filings, every figure computed not guessed. Not investment advice.

 Baxter International Inc. (BAX)Waters Corporation (WAT)
Market cap$13.5B$37.0B
Revenue (latest FY)$11.24B$3.17B
Net income (latest FY)$-957.00M$642.63M
Revenue growth (5y CAGR)-0.7%6.0%
Net margin-8.5%20.3%
Return on equity-15.6%25.1%
P/E ratio48.1
Dividend yield0.8%
Profitable years (of last 10)710
Positive free cash flowYesYes

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Use the filing period and source shown by each tool before treating two figures as comparable.

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See the full BAX vs WAT breakdown

Both companies across 19 years of income statement, balance sheet and cash flow — with ratios, health checks and Ask, the SEC-grounded research assistant. Free, no account needed.

Open BAX's full financials →   Open WAT's full financials →

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Frequently asked questions

Which is bigger, BAX or WAT?

Waters Corporation is larger by market capitalization — $37.0B versus $13.5B.

Which grows faster, BAX or WAT?

Over the last five fiscal years, Waters Corporation grew revenue faster — 6.0%/yr versus -0.7%/yr, computed from SEC-filed statements.

Where does this data come from?

All figures are computed from official SEC filings (10-K), refreshed nightly. This is a data comparison, not investment advice.

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